Talent Management for Building Stronger Teams

Talent Management for Building Stronger Teams

A professional basketball coach once told me, “The key to getting the right team is not just getting all the best players, but getting the right players for the team.” In sports as in other arenas, assembling the right team of people is a dynamic challenge of crucial importance. It requires understanding each player and the interaction between members. Whether you are assembling a sports team, organizing a task force, or building a functional department at work, talent management is the process for assembling, developing, and promoting the right people. Talent management is a process that aligns people’s roles with strategy. It requires an assessment of key roles in the organization relative to people’s competency, interests and organizational needs. The talent management process starts with defining the organization’s needs to deliver its objectives. This is best done by describing the core competencies required now and in the future. With a strategic view of the knowledge, skills and experience required to succeed, you can best decide if you have what it takes within your organization, or if you have to supplement with external talent. The core competencies cannot be compromised without compromising the organization’s objectives. Once you have defined what competencies are needed, you can assess what talent you currently have. Collecting information from multiple sources, the talent assessment includes the candidate’s track record, leadership qualities, and growth potential. A combination of surveys and peer feedback, coupled with behavioral interviews helps obtain an objective and relevant of people’s competency levels and professional interests. Key Point  Getting the best possible team is far more important than getting all the best players. By conducting...