Talent Management

Jac Fitz-enz , founder of the Human Capital Source says the data explosion is teaching us a new vocabulary. Gigabytes, Terabytes and now to Zettabyes. At this rate, the world’s database will double by around January 2015. In any transformative event, there are many pitfalls as well as opportunities. What opportunities do you see in talent management and development? True innovation is not about bigger, faster versions of the old vehicle. When there was a perceived need to speed transportation, people didn’t try to breed faster horses. Think about the effects of the great inventions. Every one of them changed the way people thought, lived and worked, and each required new methodologies that in turn spawned new supporting businesses. So what does the data deluge and e-management mean to talent development? It means an opportunity and a demand for new learning and personal growth methods. Human development in the 21st century must spring from an understanding of how our cultural bases are changing. Social networking is more than electronic gadgets. It is a sign that the younger generations think, act, believe, perceive, desire, appreciate and communicate differently than the retiring baby boomers and even Gen X. He says he believes the answer lies in expanding the view of life. Clearly, marketing and advertising are looking for new messaging models. They need to not only reach prospective buyers through new media, but also need new messages that resonate with the new generation. The Theory X management model that says people are only motivated by money and must be closely supervised was proven wrong by Fred Herzberg in the 1960s. It has taken 50 years for management to understand it. The good news is that more companies are recognizing that treating people as functional human beings pays off. Clearly, people can work effectively at home without line-of-sight supervision. How do you develop managers and professionals to operate in that world? It will take more than a new training program. To read the full article visit: http://talentmgt.com/articles/view/is-big-data-really-about-data/?interstitial=ch022714 For more details on Talent Management solutions email arasu@smrhrgroup.com