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Supporting Talent During Times of Change Business Administration & Economics Department

Supporting Talent During Times of Change Business Administration & Economics Department

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Supporting Talent During Times of Change

Business Administration & Economics Department

Supporting Talent During Times of Change

Dr. Leslie T. SzamosiSenior Lecturer

Academic Director Executive MBA

KyivThessaloniki

BelgradeBucharestIstanbul

Co-Director of the Laboratory for Strategic People Management

“My” Background

• PhD in Management (OB/HR), MMS in International Business and Marketing, Carleton University, Ottawa

• Academic Director MBA at the International Faculty of the University of Sheffield, CITY College

• 5 Years as Marketing Manager in Bio-Medicals• 20 Years consulting in Organisational Change, Human

Resource Management & Marketing / International business (both CEE and SEE and North America)

– CIBC / Royal Bank of Canada / TELUS - GTE / World Bank (IFC) / PTK / European Union / MAKTEL – MOBIMAC / M-TEL

• email: [email protected]

Do you need to support your employees differently during times of crisis to KEEP

talent? 

Yes, Yes, and Yes

Don’t B.S. Us!!What are organizations REALLY saying to their Talent

about the crisis?• HELLO!!! Szamosi, we are in a crisis here!! We need to change,

everyone knows that, so F*C*-O*F!!– Change, or get out!!

• No one is FORCING people to work here – there are people lined up outside the door to work here!! – Change, or get out!!

• Resistance costs us time and money, two luxuries we CANNOT afford– Change, or get out!!

• When there is a crisis, whatever we learned from the past no longer applies. New rules, new way of survival.– Change, or get out!!

Thinking at all about the future?

Concerned with employees?

Supportive of employees?

Talent Goals

• getting ahead

• getting secure

• getting high•No, this is not what you are thinking!!!

• getting free

• getting balanced

Communication Survey Results (Business Week)

64%

61%

54%

0%0% 20%20% 40%40% 60%60% 80%80% 100%100%

Employees indicated that theyEmployees indicated that they

Do not get decisions Do not get decisions explained wellexplained well

Are not well informed of Are not well informed of company planscompany plans

Do not believeDo not believewhat management sayswhat management says

factthe modern era is characterized by constant organisational restructuring that involves flattening of organisational hierarchies, redundancies, internal job transfers and cost cutting.

this has affected the responsibility for talent management

this locus is shifting from the organisation towards a partnership between the organisation and the employee, or even solely the employee

In organization change, it is all about the ‘sell’

• Organizations simply need to find a better way to ‘sell’ ourselves to the talent

• Sell properly and talent will ‘buy-in’ and stay

PRESTO!!! The Talent Leaves!!!

• Talent view crisis as a threat, fearing it will adversely affect them in some significant way.

• Talent understands that the crisis brings both benefits and costs, but feel that the costs far outweigh the benefits.

• Talent may view crisis as potentially positive, BUT believe that the organization’s management is mishandling the change process.

• Talent may believe in the crisis effort, but still believe that the organization is not likely to succeed.

Why Talent Leave During a Crisis

Supporting Talent

• Analysis has shown that managers in Central and South Eastern Europe are:

–More supportive in technical skills

–Less supportive in the ‘softer’ human-oriented skills

Linkages

• Work stress• Job satisfaction• Job performance• Work / family balance

• Job burnout• Organizational commitment• Absenteeism

Organizational concerns that are

DIRECTLY LINKED TO

BRAIN DRAIN (Talent Drain)

Key Supportive Behaviors (1/2)My Manager:

• Consistently maintains high standards of performance

• Provides direction and then lets me work independently

• Treats me with respect and dignity • Makes it easy for me to rearrange my job

schedule • Delegates authority needed for me to carry out

the responsibilities assigned to me • Makes sure my opinion is heard at meetings• Is supportive of the decisions I make

My Manager:

• Encourages me to develop myself by building my skills, knowledge experience

• Expresses confidence in my ability to do a difficult job• Gives me challenging jobs• Provides informal information on what the company

is doing• Gives recognition when I do my job well• Gives me feedback when I need it• Has face-to-face discussions with me when needed• Shares information with me

Key Supportive Behaviors (2/2)

Support Behaviors During a Crisis! • Originally developed in Canada and the foundations hold

in South / Central Europe Supportive organizations shown to have positive

employee and organizational outcomes

Correlated with higher: commitment, job satisfaction, managerial support, & perceived organizational support

Non-Supportive organizations shown to have negative employee and organizational outcomes

Correlated with higher: burnout & stress

Support That This is “Practically” Valid? “Organizational Support for Revolutionary Change”,

http://www2a.cdc.gov/niosh-workorg/detail.asp?id=100, published by the Centre for Disease Control – National Institute for Occupational Health and Safety

Company groups that have used the measure:

Most ImportantSupportive Behaviors

Informing talent regarding the crisis Communicating the need for change Informing talent / customers about crises situations Allying with other types of companies Aggressively pursuing emerging business

opportunities Developing a more comprehensive view of the

competition Paying more attention to the bottom-line Providing talent with separation packages

Communication of Change

Financial Strategies for Change

Actions to Expand the Business

Most Important Non-Supportive Behaviors

Not recognizing its greatest asset – people and talent Limiting talent empowerment Providing only verbal support for change Holding back information on where company going Not allowing talent to be flexible in the use of their skill sets Not asking talent if there was a better way to do things Not having a common goal shared throughout the company Allowing certain some to protect themselves Allowing for conflicting dept. / group missions Not eliminating bureaucracy Not making managers accountable for stifling change Being slow to react in certain competitive environments

Inadequate Communication and Participation

Bureaucratic Resistance and Favourtism

Guidelines for Managing The Crisis and Keeping Talent

• Management and all those involved must have high and visible commitment

• Those involved need to have advance information that enables them to answer “why” they are being asked to do what they are to do

• The effort (especially the evaluation and reward systems) must be connected to other parts of the organization

• The effort needs to be directed by line-managers • The effort must be based on good diagnosis and must be

consistent with the conditions in the organization

Guidelines for Managing Talent(continued)

• Management must remain committed to the effort throughout all its steps, from diagnosis through implementation and evaluation

• Evaluation is essential and must consist of more than asking talent how they felt about the effort

• Talent must see clearly the relationship between the effort and the organization’s mission and goals

Management (strategic perspective)

Employees(operational perspective)

G A P

External Dialectic

External Dialectic

Internal Env.: Dialectic

External Environment(Push for Change)

External Environment(Push for Change)

Non-Support

Support

Consolidating Our

Thoughts

Change has been, will be, and will continue to be all about

PEOPLE, PEOPLE, PEOPLE

Thank-you!!!

[email protected]

To Take Away

We need to support workforces through crisis

in order to have a chance to retain the talent!