48
© 2014 Halogen Software Inc. Confidential – Not to be used, copied or redistributed without Halogens prior written permission. Strategic Talent Management 1 The critical link between contemporary competencies and business success Sponsored by

The critical link between contemporary competencies and ... · Strategic Talent Management 19 Innovation Cascade Example Executive Manager Supervisor/1st Level Leader Prof./Knowledge

  • Upload
    others

  • View
    4

  • Download
    0

Embed Size (px)

Citation preview

Page 1: The critical link between contemporary competencies and ... · Strategic Talent Management 19 Innovation Cascade Example Executive Manager Supervisor/1st Level Leader Prof./Knowledge

© 2014 Halogen Software Inc. Confidential – Not to be used, copied or redistributed without Halogen’s prior written permission.Strategic Talent Management 1

The critical link between contemporary competencies and

business successSponsored by

Page 2: The critical link between contemporary competencies and ... · Strategic Talent Management 19 Innovation Cascade Example Executive Manager Supervisor/1st Level Leader Prof./Knowledge

© 2014 Halogen Software Inc. Confidential – Not to be used, copied or redistributed without Halogen’s prior written permission.Strategic Talent Management 2

Today’s Presenters

Mac TefftSenior Consultant, Talent Diagnostic GroupDevelopment Dimensions International (DDI) 

Catherine CormierProduct ManagerHalogen Software

© Development Dimensions Int’l Inc., 2015. All rights reserved.

Page 3: The critical link between contemporary competencies and ... · Strategic Talent Management 19 Innovation Cascade Example Executive Manager Supervisor/1st Level Leader Prof./Knowledge

© 2014 Halogen Software Inc. Confidential – Not to be used, copied or redistributed without Halogen’s prior written permission.Strategic Talent Management 3

Agenda

1. Competencies in context2. Value for stakeholders3. 4 challenge areas and best‐practice solutions4. A framework for achieving the promise of competencies

© Development Dimensions Int’l Inc., 2015. All rights reserved.

Page 4: The critical link between contemporary competencies and ... · Strategic Talent Management 19 Innovation Cascade Example Executive Manager Supervisor/1st Level Leader Prof./Knowledge

© 2014 Halogen Software Inc. Confidential – Not to be used, copied or redistributed without Halogen’s prior written permission.Strategic Talent Management 4

Optimize Competency Management

But, what is competency management?• A set of practices that identify and optimize the skills and 

competencies required to deliver on the business strategy.  • Competency management provides the foundational data 

to support strategic HR processes including:− Workforce Planning− Sourcing, Recruitment and Selection− Career Planning and Development− Performance Management

Source: Competency Management; Gateway to an Integrated Talent Strategy, Bersin & Associates, 2008 

© Development Dimensions Int’l Inc., 2015. All rights reserved.

Page 5: The critical link between contemporary competencies and ... · Strategic Talent Management 19 Innovation Cascade Example Executive Manager Supervisor/1st Level Leader Prof./Knowledge

© 2014 Halogen Software Inc. Confidential – Not to be used, copied or redistributed without Halogen’s prior written permission.Strategic Talent Management 5

Competencies in Context

SuccessProfile

Business Context

© Development Dimensions Int’l Inc., 2015. All rights reserved.

Competencies

Page 6: The critical link between contemporary competencies and ... · Strategic Talent Management 19 Innovation Cascade Example Executive Manager Supervisor/1st Level Leader Prof./Knowledge

© 2014 Halogen Software Inc. Confidential – Not to be used, copied or redistributed without Halogen’s prior written permission.Strategic Talent Management 6

Competencies Defined

What people CAN DO

Competency: A cluster of related behaviors that is related to success or failure in a job, role or group of positions. 

Page 7: The critical link between contemporary competencies and ... · Strategic Talent Management 19 Innovation Cascade Example Executive Manager Supervisor/1st Level Leader Prof./Knowledge

© 2014 Halogen Software Inc. Confidential – Not to be used, copied or redistributed without Halogen’s prior written permission.Strategic Talent Management 7

The Value of Competencies by Stakeholder

© Development Dimensions Int’l Inc., 2015. All rights reserved.

Page 8: The critical link between contemporary competencies and ... · Strategic Talent Management 19 Innovation Cascade Example Executive Manager Supervisor/1st Level Leader Prof./Knowledge

© 2014 Halogen Software Inc. Confidential – Not to be used, copied or redistributed without Halogen’s prior written permission.Strategic Talent Management 8

The Value of Competencies by Stakeholder

© Development Dimensions Int’l Inc., 2015. All rights reserved.

• Senior Leaders

• Managers

• Employee

• Talent Management Team

Page 9: The critical link between contemporary competencies and ... · Strategic Talent Management 19 Innovation Cascade Example Executive Manager Supervisor/1st Level Leader Prof./Knowledge

© 2014 Halogen Software Inc. Confidential – Not to be used, copied or redistributed without Halogen’s prior written permission.Strategic Talent Management 9

Greatest Challenges

© Development Dimensions Int’l Inc., 2015. All rights reserved.

Page 10: The critical link between contemporary competencies and ... · Strategic Talent Management 19 Innovation Cascade Example Executive Manager Supervisor/1st Level Leader Prof./Knowledge

© 2014 Halogen Software Inc. Confidential – Not to be used, copied or redistributed without Halogen’s prior written permission.Strategic Talent Management 10

Common Challenges and Issues

• Strategy & Planning• Design• Launch & Engage• Sustainability

© Development Dimensions Int’l Inc., 2015. All rights reserved.

Page 11: The critical link between contemporary competencies and ... · Strategic Talent Management 19 Innovation Cascade Example Executive Manager Supervisor/1st Level Leader Prof./Knowledge

© 2014 Halogen Software Inc. Confidential – Not to be used, copied or redistributed without Halogen’s prior written permission.Strategic Talent Management 11

Challenge: Strategy & Planning

• Competencies not aligned to business priorities

• Lack strategy for implementation and roll‐out

• Failure to understand stakeholders’/users’ perspectives

• Not defining or tracking measures of success

© Development Dimensions Int’l Inc., 2015. All rights reserved.

Page 12: The critical link between contemporary competencies and ... · Strategic Talent Management 19 Innovation Cascade Example Executive Manager Supervisor/1st Level Leader Prof./Knowledge

© 2014 Halogen Software Inc. Confidential – Not to be used, copied or redistributed without Halogen’s prior written permission.Strategic Talent Management 12

EntrepreneurshipEntrepreneurship

Related Business Driver Supporting Competencies

Drive Product InnovationDrive Product Innovation

Driving InnovationDriving Innovation

Energizing the OrganizationEnergizing the Organization

Business Priority: Enhance competitiveness via breakthrough product and service lines

Senior Leader

© Development Dimensions Int’l Inc., 2015. All rights reserved.

Page 13: The critical link between contemporary competencies and ... · Strategic Talent Management 19 Innovation Cascade Example Executive Manager Supervisor/1st Level Leader Prof./Knowledge

© 2014 Halogen Software Inc. Confidential – Not to be used, copied or redistributed without Halogen’s prior written permission.Strategic Talent Management 13

Create Strategic Competency Alignment via Business Drivers 

Driving Execution

Leading Change

Customer Focus

Business Savvy

Operational  Decision  Making

DriveEfficiency

Increase Revenue Production

Driving Innovation

© Development Dimensions Int’l Inc., 2015. All rights reserved.

Page 14: The critical link between contemporary competencies and ... · Strategic Talent Management 19 Innovation Cascade Example Executive Manager Supervisor/1st Level Leader Prof./Knowledge

© 2014 Halogen Software Inc. Confidential – Not to be used, copied or redistributed without Halogen’s prior written permission.Strategic Talent Management 14

Sustaining Alignment via Business Drivers 

Drive  ProductInnovation

Driving Execution

Leading Change

Entrepreneurship

Customer Focus

Business Savvy

Operational  Decis ion  Making

Enhance the Brand

DriveEfficiency

Increase Revenue Production

Establishing Strategic Direction

Driving Innovation

Energizing the Organization

© Development Dimensions Int’l Inc., 2015. All rights reserved.

Page 15: The critical link between contemporary competencies and ... · Strategic Talent Management 19 Innovation Cascade Example Executive Manager Supervisor/1st Level Leader Prof./Knowledge

© 2014 Halogen Software Inc. Confidential – Not to be used, copied or redistributed without Halogen’s prior written permission.Strategic Talent Management 15

Challenge: Design 

Avoiding Confusion:Defining competencies at the right level of detail

© Development Dimensions Int’l Inc., 2015. All rights reserved.

Page 16: The critical link between contemporary competencies and ... · Strategic Talent Management 19 Innovation Cascade Example Executive Manager Supervisor/1st Level Leader Prof./Knowledge

© 2014 Halogen Software Inc. Confidential – Not to be used, copied or redistributed without Halogen’s prior written permission.Strategic Talent Management 16

Too Broad

• Innovate: Generates ideas that delight customers, solves problems, and enhances the lives of people and communities.

• Lead Courageously: Drives inclusivity through involvement and seeking the input of others while proactively addressing the needs of associates, customers, and the organization.

© Development Dimensions Int’l Inc., 2015. All rights reserved.

Page 17: The critical link between contemporary competencies and ... · Strategic Talent Management 19 Innovation Cascade Example Executive Manager Supervisor/1st Level Leader Prof./Knowledge

© 2014 Halogen Software Inc. Confidential – Not to be used, copied or redistributed without Halogen’s prior written permission.Strategic Talent Management 17

Too ComplexStrategic Decision Making: Gathers appropriate information in order to generate compelling vision which aligns with market needs.

Level 1 Level 2 Level 3 Level 4 Level 5 Level 6

• Learns about the organization’s strategy and goals

• Understands how own role contributes to the organization’s strategic vision

• Initiates actions that support the organization’s core business

• Demonstrates an understanding of team or department’s role in accomplishing the vision

• Stays up to date on changes impacting the business 

• Translates strategies into priorities and actions

• Seeks information regarding alternative options on outcomes on strategic objectives

• Leverages competitive and market insights in decision making process

• Generates measurable objectives

• Measures performance against priorities

• Influences the strategic priorities of direct and matrix teams

• Balances resource requirements of multiple strategic priorities 

• Proactively scans business and competitive landscape to discover opportunities to meet new business needs

• Generates decision criteria linked to bottom‐line business value

© Development Dimensions Int’l Inc., 2015. All rights reserved.

Page 18: The critical link between contemporary competencies and ... · Strategic Talent Management 19 Innovation Cascade Example Executive Manager Supervisor/1st Level Leader Prof./Knowledge

© 2014 Halogen Software Inc. Confidential – Not to be used, copied or redistributed without Halogen’s prior written permission.Strategic Talent Management 18

Just Right!Driving Innovation 

Creating an environment (culture) that inspires people to generate novel solutions with measurable value for existing and potential customers (internal or external); encouraging experimentation with new ways to solve work problems and seize opportunities that result in unique and differentiated solutions.

Key Actions

Inspires curiosity—Encourages others to ask provocative questions to understand the assumptions and rationale underlying current practices and consider stakeholders’ needs before moving to problem solving; guides others to discover the full array of stakeholders’ (e.g., internal partners, suppliers, and customers) needs, concerns, and desires to unlock new opportunities for innovation.

Challenges current thinking—Drives others to explore alternative ways to view and solve problems and achieve results; provides tools and opportunities for brainstorming to encourage idea generation; leverages diverse cross‐functional sources for inspiration.

Supports experimentation—Encourages others to test promising ideas and take risks with new approaches; empowers those who want to implement new solutions with decision‐making authority; rewards attempts at innovation, whether successful or unsuccessful.

Advances ideas to the next stage—Assertively advocates the merits of others’ ideas to higher levels of management to secure the time and resources needed (e.g., money, training, tools, access to colleagues) to further develop and operationalize their ideas.

Definition

Label

Key Actions

© Development Dimensions Int’l Inc., 2015. All rights reserved.

Page 19: The critical link between contemporary competencies and ... · Strategic Talent Management 19 Innovation Cascade Example Executive Manager Supervisor/1st Level Leader Prof./Knowledge

© 2014 Halogen Software Inc. Confidential – Not to be used, copied or redistributed without Halogen’s prior written permission.Strategic Talent Management 19

Innovation Cascade ExampleExecutive Manager

Supervisor/1st Level Leader Prof./Knowledge Worker

Driving Innovation Driving Innovation Driving Innovation Innovation

Innovation Creating novel solutions with measurable value for existing and potential customers (internal or external); experimenting with new ways to solve work problems and seize opportunities that result in unique and differentiated solutions.

Key Actions • Seeks to understand existing perspectives—Asks provocative questions to understand current practices

and the customer’s experience before moving to problem solving; seeks to understand and experience the full array of stakeholders’ (e.g., internal partners, suppliers, customers) behavior, needs, concerns, and desires to unlock new opportunities for innovation.

• Challenges current thinking—Explores alternative ways to view and solve problems and achieve results; leverages innovation tools, creative processes, and diverse cross-functional experts to generate ideas; combines ideas in unique ways; makes times to incubate ideas; thoughtfully evaluates alternatives, and then selects the best ideas for experimentation.

• Experiments to learn—Tries unique ways of doing things and tests promising ideas; takes advantage of opportunities to try out new solutions without close supervision; takes risks in the interest of finding a better way; learns from mistakes to refine ideas.

• Takes action on ideas—Communicates potential benefits of new ideas to stakeholders; identifies resources and support needed; commits to an action plan to implement new ideas.

© Development Dimensions Int’l Inc., 2015. All rights reserved.

Page 20: The critical link between contemporary competencies and ... · Strategic Talent Management 19 Innovation Cascade Example Executive Manager Supervisor/1st Level Leader Prof./Knowledge

© 2014 Halogen Software Inc. Confidential – Not to be used, copied or redistributed without Halogen’s prior written permission.Strategic Talent Management 20

Just Right!

Process Innovator

Continuous Improvement

Decision Making

Influence

Professional

Facilitate Product 

Innovation

Driving Innovation

Inspiring Others

Customer Focus

Frontline Leader

Drive Product Innovation

Driving InnovationExecutive

Entrepreneurship

Energizing the Organization

© Development Dimensions Int’l Inc., 2015. All rights reserved.

Page 21: The critical link between contemporary competencies and ... · Strategic Talent Management 19 Innovation Cascade Example Executive Manager Supervisor/1st Level Leader Prof./Knowledge

© 2014 Halogen Software Inc. Confidential – Not to be used, copied or redistributed without Halogen’s prior written permission.Strategic Talent Management 21

Challenge: Launch & Engage 

• Haphazard Integration• Stakeholder Apathy

© Development Dimensions Int’l Inc., 2015. All rights reserved.

Page 22: The critical link between contemporary competencies and ... · Strategic Talent Management 19 Innovation Cascade Example Executive Manager Supervisor/1st Level Leader Prof./Knowledge

© 2014 Halogen Software Inc. Confidential – Not to be used, copied or redistributed without Halogen’s prior written permission.Strategic Talent Management 22

Complete Talent Management: Selection

© Development Dimensions Int’l Inc., 2015. All rights reserved.

DDICompetencies

Page 23: The critical link between contemporary competencies and ... · Strategic Talent Management 19 Innovation Cascade Example Executive Manager Supervisor/1st Level Leader Prof./Knowledge

Using the Growth Engine in

Page 24: The critical link between contemporary competencies and ... · Strategic Talent Management 19 Innovation Cascade Example Executive Manager Supervisor/1st Level Leader Prof./Knowledge

Strategic Talent Management 24© 2015 Halogen Software Inc. Confidential – Not to be used, copied or redistributed without Halogen’s prior written permission.

Competencies

Page 25: The critical link between contemporary competencies and ... · Strategic Talent Management 19 Innovation Cascade Example Executive Manager Supervisor/1st Level Leader Prof./Knowledge

Strategic Talent Management 25© 2015 Halogen Software Inc. Confidential – Not to be used, copied or redistributed without Halogen’s prior written permission.

Determine & Define Key Competencies

Page 26: The critical link between contemporary competencies and ... · Strategic Talent Management 19 Innovation Cascade Example Executive Manager Supervisor/1st Level Leader Prof./Knowledge

Strategic Talent Management 26© 2015 Halogen Software Inc. Confidential – Not to be used, copied or redistributed without Halogen’s prior written permission.

Competencies

Page 27: The critical link between contemporary competencies and ... · Strategic Talent Management 19 Innovation Cascade Example Executive Manager Supervisor/1st Level Leader Prof./Knowledge

Strategic Talent Management 27© 2015 Halogen Software Inc. Confidential – Not to be used, copied or redistributed without Halogen’s prior written permission.

Competencies

Page 28: The critical link between contemporary competencies and ... · Strategic Talent Management 19 Innovation Cascade Example Executive Manager Supervisor/1st Level Leader Prof./Knowledge

Strategic Talent Management 28© 2015 Halogen Software Inc. Confidential – Not to be used, copied or redistributed without Halogen’s prior written permission.

Competencies

Page 29: The critical link between contemporary competencies and ... · Strategic Talent Management 19 Innovation Cascade Example Executive Manager Supervisor/1st Level Leader Prof./Knowledge

Strategic Talent Management 29© 2015 Halogen Software Inc. Confidential – Not to be used, copied or redistributed without Halogen’s prior written permission.

Competencies

Page 30: The critical link between contemporary competencies and ... · Strategic Talent Management 19 Innovation Cascade Example Executive Manager Supervisor/1st Level Leader Prof./Knowledge

Strategic Talent Management 30© 2015 Halogen Software Inc. Confidential – Not to be used, copied or redistributed without Halogen’s prior written permission.

Competencies

Page 31: The critical link between contemporary competencies and ... · Strategic Talent Management 19 Innovation Cascade Example Executive Manager Supervisor/1st Level Leader Prof./Knowledge

Strategic Talent Management 31© 2015 Halogen Software Inc. Confidential – Not to be used, copied or redistributed without Halogen’s prior written permission.

Competencies

Page 32: The critical link between contemporary competencies and ... · Strategic Talent Management 19 Innovation Cascade Example Executive Manager Supervisor/1st Level Leader Prof./Knowledge

Strategic Talent Management 32© 2015 Halogen Software Inc. Confidential – Not to be used, copied or redistributed without Halogen’s prior written permission.

Competencies

Page 33: The critical link between contemporary competencies and ... · Strategic Talent Management 19 Innovation Cascade Example Executive Manager Supervisor/1st Level Leader Prof./Knowledge

Strategic Talent Management 33© 2015 Halogen Software Inc. Confidential – Not to be used, copied or redistributed without Halogen’s prior written permission.

Competencies

Page 34: The critical link between contemporary competencies and ... · Strategic Talent Management 19 Innovation Cascade Example Executive Manager Supervisor/1st Level Leader Prof./Knowledge

Strategic Talent Management 34© 2015 Halogen Software Inc. Confidential – Not to be used, copied or redistributed without Halogen’s prior written permission.

Competencies

Page 35: The critical link between contemporary competencies and ... · Strategic Talent Management 19 Innovation Cascade Example Executive Manager Supervisor/1st Level Leader Prof./Knowledge

Strategic Talent Management 35© 2015 Halogen Software Inc. Confidential – Not to be used, copied or redistributed without Halogen’s prior written permission.

Competencies

Page 36: The critical link between contemporary competencies and ... · Strategic Talent Management 19 Innovation Cascade Example Executive Manager Supervisor/1st Level Leader Prof./Knowledge

Strategic Talent Management 36© 2015 Halogen Software Inc. Confidential – Not to be used, copied or redistributed without Halogen’s prior written permission.

Competencies

Page 37: The critical link between contemporary competencies and ... · Strategic Talent Management 19 Innovation Cascade Example Executive Manager Supervisor/1st Level Leader Prof./Knowledge

Strategic Talent Management 37© 2015 Halogen Software Inc. Confidential – Not to be used, copied or redistributed without Halogen’s prior written permission.

Competencies

Page 38: The critical link between contemporary competencies and ... · Strategic Talent Management 19 Innovation Cascade Example Executive Manager Supervisor/1st Level Leader Prof./Knowledge

Strategic Talent Management 38© 2015 Halogen Software Inc. Confidential – Not to be used, copied or redistributed without Halogen’s prior written permission.

DDICompetencies

Page 39: The critical link between contemporary competencies and ... · Strategic Talent Management 19 Innovation Cascade Example Executive Manager Supervisor/1st Level Leader Prof./Knowledge

Strategic Talent Management 39© 2015 Halogen Software Inc. Confidential – Not to be used, copied or redistributed without Halogen’s prior written permission.

Challenge: Launch & Engage 

• Haphazard Integration• Stakeholder Apathy

© Development Dimensions Int’l Inc., 2015. All rights reserved.

Page 40: The critical link between contemporary competencies and ... · Strategic Talent Management 19 Innovation Cascade Example Executive Manager Supervisor/1st Level Leader Prof./Knowledge

Strategic Talent Management 40© 2015 Halogen Software Inc. Confidential – Not to be used, copied or redistributed without Halogen’s prior written permission.

Example: Engagement Strategy Considerations• Communication Plan• Internal Marketing• Educate TM/HR partners and key leaders• Executive advocacy• Create value‐added tools and resources

© Development Dimensions Int’l Inc., 2015. All rights reserved.

Page 41: The critical link between contemporary competencies and ... · Strategic Talent Management 19 Innovation Cascade Example Executive Manager Supervisor/1st Level Leader Prof./Knowledge

Strategic Talent Management 41© 2015 Halogen Software Inc. Confidential – Not to be used, copied or redistributed without Halogen’s prior written permission.

Example: Engagement Strategy

First-level Leader Guide

© Development Dimensions Int’l Inc., 2015. All rights reserved.

Page 42: The critical link between contemporary competencies and ... · Strategic Talent Management 19 Innovation Cascade Example Executive Manager Supervisor/1st Level Leader Prof./Knowledge

Strategic Talent Management 42© 2015 Halogen Software Inc. Confidential – Not to be used, copied or redistributed without Halogen’s prior written permission.

Challenge: Sustainability

• Lack of accountability

• No measurement or analytics

• Inability to respond to changes in business direction 

© Development Dimensions Int’l Inc., 2015. All rights reserved.

• Assign accountability 

• Measure & share

• Be agile

Page 43: The critical link between contemporary competencies and ... · Strategic Talent Management 19 Innovation Cascade Example Executive Manager Supervisor/1st Level Leader Prof./Knowledge

Strategic Talent Management 43© 2015 Halogen Software Inc. Confidential – Not to be used, copied or redistributed without Halogen’s prior written permission.

Steps for Effective Achieving the Competency Promise

© Development Dimensions Int’l Inc., 2015. All rights reserved.

Page 44: The critical link between contemporary competencies and ... · Strategic Talent Management 19 Innovation Cascade Example Executive Manager Supervisor/1st Level Leader Prof./Knowledge

Strategic Talent Management 44© 2015 Halogen Software Inc. Confidential – Not to be used, copied or redistributed without Halogen’s prior written permission.

4 Steps for Successful Implementation

© Development Dimensions Int’l Inc., 2015. All rights reserved.

• Start with a robust plan and ensure alignment with strategic priorities

• Clearly define competencies and ensure usability

• Launch models in integrated talent processes and engage leaders and employees to apply the models

• Assess impact and adjust/update to ensure relevance

1

1

2

2

33

4

4

Page 45: The critical link between contemporary competencies and ... · Strategic Talent Management 19 Innovation Cascade Example Executive Manager Supervisor/1st Level Leader Prof./Knowledge

© 2014 Halogen Software Inc. Confidential – Not to be used, copied or redistributed without Halogen’s prior written permission.Strategic Talent Management 45

Questions?

© Development Dimensions Int’l Inc., 2015. All rights reserved.

Mac TefftSenior Consultant, Talent Diagnostic GroupDevelopment Dimensions International (DDI) 

Catherine CormierProduct ManagerHalogen Software

Page 46: The critical link between contemporary competencies and ... · Strategic Talent Management 19 Innovation Cascade Example Executive Manager Supervisor/1st Level Leader Prof./Knowledge

© 2014 Halogen Software Inc. Confidential – Not to be used, copied or redistributed without Halogen’s prior written permission.Strategic Talent Management 46

Learn More

White Paper:Delivering on the Competency Promise

eBooks, Reports, Forms & templateswww.halogensoftware.com/learn

Halogen TalentSpace Blogwww.halogensoftware.com/blog

Questions? Contact Tali [email protected]

@halogensoftware

Page 47: The critical link between contemporary competencies and ... · Strategic Talent Management 19 Innovation Cascade Example Executive Manager Supervisor/1st Level Leader Prof./Knowledge

Thank You

Page 48: The critical link between contemporary competencies and ... · Strategic Talent Management 19 Innovation Cascade Example Executive Manager Supervisor/1st Level Leader Prof./Knowledge

Disclaimers *This webinar is designed to provide accurate and authoritative information about the subject matter covered. It is sold with the understanding that the publisher is not engaged in rendering legal, accounting, or other professional services. *This webinar provides general information only and does not constitute legal advice. No attorney-client relationship has been created. If legal advice or other expert assistance is required, the services of a competent professional should be sought. We recommend that you consult with qualified local counsel familiar with your specific situation before taking any action.