“What Work’s - Talent Review” with Anne Gotte, VP Global Talent, General Mills & Joe Garbus, EVP Global Head of Talent, PVH Corp.
Oct 17, 2023
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Anne Gotte, VP Global Talent, General Mills & Joe Garbus, EVP Global Head of Talent, PVH Corp discuss the importance of talent review, focusing on development, consistent evaluation, action-oriented outcomes, and shared language. They explore the use of the nine box tool, emphasize the significance of meaningful conversations, real decisions, and follow-through in talent review. They provide valuable advice on improving the process.
Talent reviews serve as a diagnostic and planning tool, focusing on development rather than just performance assessment.
Preparation, collaboration, and consistent follow-up are essential for talent reviews to result in tangible plans, actions, and progress.
Deep dives
Understanding the importance of talent review
A talent review is crucial for understanding the supply and demand of talent within an organization. It involves assessing specific talent populations, such as leadership or business units, to determine their assets, potential, and aspirations. Talent review is more than just assessing performance and potential; it is a diagnostic and planning tool for making informed decisions on talent development and succession. It requires consistent and shared definitions for evaluating talent and focuses on taking action and creating tangible plans and outcomes.
The role of talent review in optimizing investments
Talent reviews aim to optimize the investment in talent within an organization. By understanding the talent landscape and their performance, potential, and aspirations, businesses can make informed decisions on how to best allocate resources and opportunities. The focus is on aligning individual goals with organizational objectives and identifying the critical roles that need to be filled. Talent reviews help in assessing the readiness of individuals for key roles and enable proactive talent planning and development.
Preparation and key considerations for successful talent reviews
Preparation is essential for effective talent reviews. It involves clarifying objectives, establishing shared language and definitions, and ensuring leaders are well-informed about the talent they will discuss. Leaders should be prepared to speak about the performance, aspirations, and development needs of their team members. It is important to approach talent reviews as collaborative, calibrating conversations that prioritize discernment and decision-making. Additionally, consistent follow-up and action planning are crucial to ensure that talent reviews result in tangible plans, actions, and progress.
Moving beyond tools: The conversation is key
While tools like the nine-box model can be helpful in talent reviews, the focus should be on the conversation rather than the specific model or tool being used. The key is to have meaningful conversations that enable shared understanding and decision-making. Talent reviews should result in concrete actions, such as moves, development opportunities, or engagement with other stakeholders. Ongoing follow-up and integration of talent discussions into regular business processes and discussions can help drive continuous improvement and better outcomes.