r einventing talent development

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reinventing talent developme nt

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r einventing talent development. helps you OPTIMIZE the return on your talent investment. The cost of turnover is often invisible.  Yet its impact on the bottom line is undeniable. - PowerPoint PPT Presentation

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Page 1: r einventing talent  development

reinventing

talent development

Page 2: r einventing talent  development

Copyright © 2011 WOW! transformations All rights reserved. 2

helps you OPTIMIZE the return on your

talent investment.

Page 3: r einventing talent  development

Copyright © 2011 WOW! transformations All rights reserved. 3

The cost of turnover is often invisible. 

Yet its impact on the bottom line is undeniable.

Twenty-four percent of hiring managers said a single bad hire cost their business more than $50,000 in the last year. – Career Builder

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Copyright © 2011 WOW! transformations All rights reserved. 4

Organizations today…

must create a company culture that nurtures employees throughout their career with them.

This begins with an understanding of what’s needed when selecting new talent, continues

through the hiring process, and for the duration of the employees’ service to the company.

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Copyright © 2011 WOW! transformations All rights reserved. 5

Beyondboarding™

Beyondboarding is a strategic approach to employee and organizational

growth and development that accounts for the cost of hiring and retaining a company’s most

valuable resources, its talent.

WOW! transformations talent development approach

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Copyright © 2011 WOW! transformations All rights reserved. 6

Beyondboarding™

With beyondboarding™ your organization will realize: Reduced employee turnover

Engaged leadership who empower their employees

Higher levels of employee satisfaction

An environment focused on learning and development

Attraction of a highly qualified talent pool that is eager to join your organization

Employees who feel a sense of community and belonging

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Copyright © 2011 WOW! transformations All rights reserved. 7

Pre-boarding: Are your managers searching for the right talent that meets your business requirements and objectives?

Onboarding: Does your onboarding process develop engaged and productive employees, ensuring their long-term commitment?

Post-boarding: What are you doing to cultivate employees throughout their lifetime of service into the company’s leaders of tomorrow?

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Copyright © 2011 WOW! transformations All rights reserved. 8

Helps organizations assess their needs to source and select the right talent

Identifies the type of talent you need before recruiting

Provides prospective employees ways to determine if they align with your company's culture and values

Pre-boarding

Zappos CEO Tony Hsieh estimates hiring mistakes have cost his company more than $100 million since it was founded in 1999. Hsieh says , “It's a mistake managers will come to regret if hires aren't a good fit with the corporate culture.” Zappos now spends time vetting potential employees and hiring only folks that mesh well with the company's culture.

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Copyright © 2011 WOW! transformations All rights reserved. 9

Onboarding

“A thorough onboarding process can dramatically reduce the amount of time a new executive needs to reach full capacity and ultimately increase their chances of success within an organization.” - Bob Damon, president of North America for Korn/Ferry

Long-term talent development process which impacts a new employee’s decision to stay with your organization

Helps new, recently acquired, transferred or promoted talent become fully engaged and culturally aware members of an organization’s workforce

Works for employees at all levels

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Copyright © 2011 WOW! transformations All rights reserved. 10

Post-boarding

Provides learning and development initiatives that continue throughout the employee’s career with the company

Gives managers the tools and processes they need to identify their employees’ strengths and development requirements

Creates ongoing opportunities to create a strong talent pool and company leaders of tomorrow

“Layoffs, cutbacks and stress inflicted on employees in the economic downturn have left many of them discontented and disengaged. As this pent-up frustration is released, the impact on businesses, their work forces and their customers will be pronounced.”

- Jon Picoult, New York Times, “Turnover Storm”

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Did you know that

beyondboarding™ Provides innovative recruitment,

retention and development programs

Helps increase an organization’s hiring power

Extends HR support to truly nurture the organizations’ employees

Helps retain talent beyond the average18-months to three years

Reduces talent mismatch

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reinventing

talentdevelopment

[email protected] www.wowtransformations.com

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