Transcript ppt Template Human Resources

Business Case for beyondboarding™
(pre-boarding • onboarding • post-boarding)
"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"
Given The Landscape …
How Do You Ensure Your Organization ...
• Effectively integrates acquired and hired employees
and builds engagement?
• Attracts the right talent with the right skills, in the right
locations, at the right times?
• Retains top talent in a globally competitive talent
market?
Companies must respond to these
challenges with
innovative sourcing, recruitment,
onboarding and
development programs
Current Landscape
Did You Know…
• Manpower's 2010 Talent Shortage Survey said 31 percent of
employers worldwide have difficulty filling positions due to the lack
of suitable talent available in their markets, an increase of 1 percent
over last year's survey. The immediate problem is not the number
of potential candidates – it is a talent mismatch. There are too few
sufficiently skilled people in the right places at the right times.
• Employers are seeking more specific skill sets and combination of
skills, and it's not just technical capabilities alone. It's a combination
of critical thinking skills or other qualities that will help drive the
company forward. (Manpower's 2010 Talent Shortage Survey)
• Key talent findings from PwC's 14th Annual Global CEO Survey show
that talent is the top priority for CEOs, moving up from third on the
agenda in last year's survey.
Current Landscape
And Consider This …
•
89 percent of new hires lack the institutional knowledge required to get up to speed
quickly and become effective on the job within their first 90 days. (DDI White Paper)
•
Nearly 15 percent of new employees consider quitting after the first day because of a
poor initial experience. (Taleo: 10 Talent Management Best Practices for 2011)
•
More than 20 percent of employee turnover occurs in the first 45 days. (Wynhurst Group,
an Arlington, Virginia based Human Resources firm)
•
New employees who went through a structured onboarding program were 58 percent
more likely to be with the organization after three years. (Wynhurst Group, an Arlington,
Virginia based Human Resources firm)
•
Some 27 percent of employees deemed "high potential" said they plan to leave within the
year. That rate of dissatisfaction is rising "precipitously" as the economy stabilizes, says
Jean Martin, executive director of the CEB's Corporate Leadership Council, up from just 10
percent in 2006 and increasing at twice the rate of the general employee population.
(How To Keep Your Star Employees)
The solution …
beyondboarding™
What is beyondboarding™?
• A talent development approach that
goes beyond orientation and takes a
strategic and long-term approach to
employee and organizational growth
and development.
• It gives companies the tools and
processes to develop valuable
employees that can grow with the
organization.
• It’s three-phased initiative to talent
management and development.
Why beyondboarding™?
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, and continues through the hiring process
and for the duration of the employees' service to
the company.
• It provides companies who are facing competitive challenges with
innovative recruitment, retention and development programs.
• It helps create talent ambassadors among employees to increase an
organization's hiring power.
• It goes beyond the day-to-day to longer-term support that truly
nurtures people.
beyondboarding™ Components
Pre-boarding
Onboarding
The first phase of
beyondboarding™.
Incorporates talent
acquisition and staffing,
as well as assessing or
creating a global
mobility (globility™)
strategy.
The second phase of
beyondboarding™.
Starts once an
individual accepts the
job offer or new
assignment and
continues through
the first year of
employment.
Post-boarding
The third phase of
beyondboarding ™
Takes over once the
formal onboarding
process is complete
and includes
innovative
approaches to the
development process.
beyondboarding™ Snapshot
Pre-boarding
• It is critical to identify
the type of talent you
need before recruiting.
• 24 percent of hiring
managers said a single
bad hire cost their
business more than
$50,000 in the last year.
• To avoid costly hiring
mistakes, spend time
vetting potential
employees and hiring
only those who blend
with the company's
culture.
Onboarding
• Onboarding programs
impact a new
employee's decision to
stay with your
organization.
• Gaining company and
job knowledge from
Day 1 helps employees
be productive.
• Creating a culture of
commitment and
engagement leads to
organizational success.
Post-boarding
• Talent management
must be a key
organizational initiative.
• HR and learning
professionals should
own talent management
for the enterprise.
• Investment in learning
should remain stable.
beyondboarding™:
A Best-in-Class Process
• Begins during the acquisition and staffing process and
incorporates mobility and talent planning
• Improves employee retention, satisfaction and productivity
• Decreases time to productivity
• Provides simple tools that are flexible and easy to use
• Ensures a new hire’s first 90+ days are productive, effective
and motivating
• Incorporates talent development and retention
Why is beyondboarding ™
Critical for Your Organization?
• Provides a strategic integration process for immersion
into your business and culture
• Clearly translates the value proposition and our
attractiveness as an employer
• Helps attract, retain and develop new talent while
inspiring existing employees
• Strategically integrates new hires quickly and effectively
into the organization, reducing time to productivity
• Enables your organization to be recognized as a global
“Employer of Choice”
Reap the Benefits
of beyondboarding™
Organizations that integrate beyondboarding™
realize a culture of:
• attraction
• engagement
• learning and development
Pre-boarding
Onboarding
• inclusion
• empowerment
• community
Post-boarding
To learn more about changing your culture with
beyondboarding™ …
Contact: WOW! transformations
[email protected]
www.wowtransformations.com