Gap analysis at individual and organization level.
3. Map Career Paths to Enhance Development
Map career path levels and types of roles and potential lateral and upward moves.
Determine the competencies needed to succeed within these specific roles (understand that horizontal moves often present bigger challenges that moves up the hierarchy).
4. Develop a Talent Management Culture
Map talent against roles to determine gaps and successors.
Design and implement core talent management processes for career movements and on-going re-alignment of people and roles.
Exhibit 1: Talent Management Model
Talent Management Traps to Avoid
Pursuing a tactical approach
Over reliance on hiring; waiting until a specific need arises.
Lack of recognition that the behaviors and skills that predict future success are different from those of the past.