Post on 12-Jun-2020
transcript
8/29/2018
1
WEBINAR
Make a Winning Business Case
Scott L. MitchellChair, OCEG & Project: Risk Leader
Karl KimballExecutive Advisor, TEKsystems
Former SVP, Bank of America
WEBINAR
5 Simple Steps to Get Better People On Your
TeamScott L. Mitchell
Chair, OCEG & Project: Risk Leader
Karl KimballExecutive Advisor, TEKsystems
Former SVP, Bank of America
Objectives
• Understand how to plan for your talent needs.
• Understand several effective channels for attracting / hiring talent.
• Understand how to select good partners.
8/29/2018
2
(c) 2018 OCEG 3
Are you currently looking for talent?
1. Yes
2. No
(c) 2018 OCEG 4
For which roles?
1. Risk managers
2. Compliance managers
3. Internal audit
4. IT security
5. Other
8/29/2018
3
Introduction
8/29/2018
4
You may ask a question at any time by clicking “Ask a Question”
We will either answer during the live stream or after the session (we look at every single one of these).
8/29/2018
5
If slides (or any other documents) are available, you may get them by clicking “Download slides”
LET’S BEGINSTART
8/29/2018
6
TALENT
(c) 2018 OCEG 11
(c) 2018 OCEG 12
“Standard” Talent Management Model
Plan Acquire Develop Retain Transition
8/29/2018
7
(c) 2018 OCEG 13
“Standard” Talent Management Model
Plan Acquire Develop Retain Transition
Our focus for today…
PLAN
(c) 2018 OCEG 14
8/29/2018
8
WHAT ISYOUR NEED?
(c) 2018 OCEG 15
(c) 2018 OCEG 16
TEMPORARY
PERMANENT
8/29/2018
9
(c) 2018 OCEG 17
TEMPORARY
PERMANENT
Capacity Need Operational NeedChange Need
WHAT DOYOU KNOW?
(c) 2018 OCEG 18
8/29/2018
10
(c) 2018 OCEG 19
HIGH level of existing knowledge
LOW level of existing
knowledge
“We know what we are doing, but just need some more heads and hands to get work done!”
“We know enough to know that we need help in this area!”
(c) 2018 OCEG 20
HIGH level of existing knowledge
LOW level of existing
knowledge
8/29/2018
11
LET’S TALKSKILLS
(c) 2018 OCEG 21
GRACE-ITSKILLS
(c) 2018 OCEG 22
8/29/2018
12
(c) 2018 OCEG 23
(c) 2018 OCEG 24
8/29/2018
13
(c) 2018 OCEG 25
(c) 2018 OCEG 26
8/29/2018
14
(c) 2018 OCEG 27
(c) 2018 OCEG 28
8/29/2018
15
…but that’s for an individual
(c) 2018 OCEG 29
…a team can be much, much more!
(c) 2018 OCEG 30
8/29/2018
16
Highest Levels in ALL Disciplines is only possible via a Well-Designed Team
(c) 2018 OCEG 31
DOMAIN SKILLS
(c) 2018 OCEG 32
8/29/2018
17
Highest Levels in ALL Disciplines is only possible via a Well-Designed Team
(c) 2018 OCEG 33
DOMAIN SKILLS (Financial Crimes, Cybersecurity, Third-Party)
(c) 2018 OCEG 34
Do you have a the right mix of skills?
A. YesB. NoC. Not sure!
8/29/2018
18
AQUIRE
(c) 2018 OCEG 35
PUTTING IT TOGETHER
(c) 2018 OCEG 36
8/29/2018
19
(c) 2018 OCEG 37
TacticalServices
StrategicServices
TacticalSourcing
StrategicSourcing
TEMPORARYNEED
PERMANENTNEED
HIGH EXISTINGKNOWLEDGE
LOW EXISTINGKNOWLEDGE
TacticalServices
StrategicServices
TacticalSourcing
StrategicSourcing
(c) 2018 OCEG 38
Hire consultant to define strategy
TEMPORARYNEED
PERMANENTNEED
HIGH EXISTINGKNOWLEDGE
LOW EXISTINGKNOWLEDGE
8/29/2018
20
TacticalServices
StrategicServices
TacticalSourcing
StrategicSourcing
(c) 2018 OCEG 39
Hire consultant to implement
strategy
TEMPORARYNEED
PERMANENTNEED
HIGH EXISTINGKNOWLEDGE
LOW EXISTINGKNOWLEDGE
TacticalServices
StrategicServices
TacticalSourcing
StrategicSourcing
(c) 2018 OCEG 40
Hire FTE to do work
TEMPORARYNEED
PERMANENTNEED
HIGH EXISTINGKNOWLEDGE
LOW EXISTINGKNOWLEDGE
8/29/2018
21
TacticalServices
StrategicServices
TacticalSourcing
StrategicSourcing
(c) 2018 OCEG 41
Hire FTE to lead work
TEMPORARYNEED
PERMANENTNEED
HIGH EXISTINGKNOWLEDGE
LOW EXISTINGKNOWLEDGE
Our5 Simple Steps
(c) 2018 OCEG 42
8/29/2018
22
Staffing Quality Process
Treat Talent Like “Customers”
(c) 2018 OCEG 44
8/29/2018
23
Staffing Quality Process
Market Analytics Market insight can identify who the top performers are, where you can find them and what it takes to attract them.
Customer Knowledge Understanding the unique context that drives success in your organization—culture, initiatives and business—enables you to build an employee value proposition (EVP) that top talent find relevant and compelling.
Sourcing StrategyA referral-based sourcing strategy increases selectivity, speed and effectiveness in finding top talent to meet your specific needs.
Screening and SelectionA thorough screening process filters out unqualified candidates by evaluating candidates for domain skills, technical skills and cultural fit.
Relationship Management Treat your talent like customers! Drive retention, enhance performance and plan for upcoming workforce needs through consistent development.
Market AnalyticsMarket insight can identify who the top performers are,where you can find them and what it takes to attract them.
8/29/2018
24
“Customer” KnowledgeYou need more than a job title and a rate to stand out.
Customer Knowledge: Importance of an EVP
What does an effective EVP include?
professionals are more likely to return messages when there are details about the job.
▪An accurate account of what makes your company unique
▪Career details beyond technical tasks
▪Candidate success traits
▪Opportunities for career growth
▪Benefits
8/29/2018
25
Sourcing Strategy
You can’t rely
on job boards
alone.
Top talent may not be actively searching, publicly visible or available now.
Screening and SelectionBad hires are a waste of time! A thorough screening process filters out unqualified candidates.
8/29/2018
26
Relationship ManagementTreat talent like customers! Consistent development, communication and career advancement helps drive performance and retention.
FINDING A GOOD PARTNER
(c) 2018 OCEG 52
8/29/2018
27
(c) 2018 OCEG 53
Tips to finding a good consulting partner
• Broad range of skills & experience from industry you are focused in
• Offers good value for projects and outcomes
• Ability to hire resources after the engagement
• You play a part in picking the team members
• Consultants remain throughout the life of the work
(c) 2018 OCEG 54
Tips to finding a good hiring partner
• Understands the industry landscape
• Ability to understand your challenges, roadmap & culture
• Familiarity with the talent & rates in a local market
• Referral based network
• Quality program designed to properly match talent to your needs
• Provides good value
8/29/2018
28
WEBINAR
Make a Winning Business Case
Scott L. MitchellChair, OCEG & Project: Risk Leader
Karl KimballExecutive Advisor, TEKsystems
Former SVP, Bank of America
WEBINAR
5 Simple Steps to Get Better People On Your
TeamScott L. Mitchell
Chair, OCEG & Project: Risk Leader
Karl KimballExecutive Advisor, TEKsystems
Former SVP, Bank of America