Drive greater productivity, alignment and quantifiable results.
An organization’s Talent Management approach is outlined by their people strategy, or the set of internally consistent programs, policies, and processes for acquiring, developing, managing, retaining, and retiring their workforce. It defines the workforce culture, skills, leadership goals, and employer/employee contract. Key Talent Management processes include recruiting, competency management, workforce planning, rewards and recognition, career development, succession planning, knowledge management, learning management, employee relations, and transition management. However, when these processes are inconsistent and not aligned to the corporate strategy and the business unit strategy, the organization will start to see rising direct and indirect costs, higher risk, and lower return on investments in several forms, such as lower productivity, poor employee performance, poor customer satisfaction, increased competition, and higher employee turnover. Simply, when an organization’s Talent Management approach is not aligned to strategic goals and objectives, they are more likely to suffer from overall poor business results.
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"On behalf of UMB, I would like to express my sincere appreciation for your support with (our) Governance project. MarketSphere brought a talented and driven team, knowledge of best practices, and determination to help our organization embrace the change. The MarketSphere team actively engaged with UMB stakeholders to build their commitment to... the process, which will help to ensure continued success."
– Executive Vice President,
UMB Financial Corporation
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MarketSphere partners with clients to develop an integrated approach for addressing current and future Talent Management issues. Our team leverages leading practices and industry knowledge, and includes specialists with extensive experience working with Fortune 500 companies to drive desired outcomes. Our services allow our clients the flexibility to scale the solution or solutions to their business strategy, operating model, and culture. The result is an integrated, sustainable, measureable solution that drives greater productivity, alignment and quantifiable results.
Our Solutions
Learn more! View our Talent Management overview.
Talent Architecture
How will you align talent practices with talent priorities?
Change is so fluid, and so radical, and so necessary these days that long-term talent development and succession plans are obsolete as soon as they are built. Priorities often change, and so do people. Top-performing organizations recognize that success hinges on identifying and fully leveraging top talent, in the moment. MarketSphere will help you build your talent architecture, complete with robust strategy, operating model, culture and competency alignment with your selection, development, reward and measurement systems to enable quick and effective alignment of talent with your current business priorities.
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Workforce Reconstruction
How will you improve the performance and services of your organization?
To dramatically transform the performance and services of an organization or specific business unit, an organization must first set the strategic direction for driving an end-state operating model. MarketSphere helps our clients design and enable an effective operating model for strategic alignment by working with client leadership to define strategic intent, goals, current strategy and target state, and provide the overall organizational vision. MarketSphere also provides a gap analysis and additional assessments that help determine the performance management approach, as well as align processes to key performance indicators and milestones. By partnering with MarketSphere, our clients are outperforming their competitors by developing leading talent management capabilities.
- Develop a clear definition of what the organization or department wants to be known for and in what time period
- Assess workforce capabilities and identify gaps for delivering the vision
- Improve the performance management approach
- Cascade goals and link scorecards to vision and overall operating principles
- Define organization cultural behaviors and support alignment of key processes
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Talent Integration
How are you going to accelerate synergy targets?
Talent Integration enables a post-merger or restructured organization to fully integrate talent and align core functions to accelerate synergy targets. Utilizing technology, processes and objective assessment tools, such as Triviumsoft’s SEE-K®, signature talent analytics, and management technology, MarketSphere helps clients evaluate and align talent pools, processes and measures to quickly realize expected benefits. Talent Integration allows organizations to move beyond common challenges such as organizational misalignment, and redundant processes, system and functions, towards leadership accountability, higher employee engagement and productivity, and improved ability to reach synergy targets from 17 to 35%. Furthermore, our partnership with Triviumsoft allows our clients to:
- Create a network of skills, career wishes, business needs, and training resources
- Develop proactive workforce planning scenarios with real employee data
- Transform documents and information from multiple systems into a single, accessible database
- Display competency “supply” by asking employees to describe their interests, skills, and experience in their own words through online surveys
- Provide competency “demand” by asking managers about the skills and experience needed to serve customers
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Workforce Rightsizing & Transition
How are you going to respond to economic conditions and efficiency goals?
In order to strategically change the workforce, maximize revenue, retain customers, and backfill critical jobs, MarketSphere works directly with senior leadership to analyze, mitigate risk, and plan the rightsizing. Our approach includes gathering employee data and the development of a filtering process to ensure that right candidates are kept and risk to the organization is minimized. We also work closely with leadership teams and provide a variety of scenarios, as well as assess impacts. Our proven approach to rightsizing has helped our clients:
- Guarantee margins are protected while costs are reduced
- Ensure changes are seamless to customers
- Prioritize sourcing needs when the economy turns around
- Align key talent and positions to critical processes, high value customers and current, as well as future products and services
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Talent Profiler
You need to drive greater productivity, alignment and quantifiable results, but you have cut costs, constrained spending and tightened the budget. You’re making the best of a tough situation… but is it enough? What’s next? Who do you turn to for ideas? MarketSphere offers the guidance and direction you need for doing business during tough times. Our Talent Profiler reviews four key factors:
- Alignment Factor: Discover those employees who are aligned to new efforts and how to keep them motivated and moving in the right direction
- Workforce Leverage Factor: Identify gaps in your technical capacity and obtain more value from your investments
- Capability Factor: Determine unexploited potential and direct your efforts toward redistribution of talent
- Accountability Factor: Most critical, determine the individuals that will step up and own the future of your business
Contact us today and learn how the Talent Profiler can provide a roadmap to critical talent management actions that must be done to protect and leverage your most important asset: employee knowledge and skills.
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