Every week, I review blogs and other publications that cover talent development to find the very best talent development posts. This week, you’ll find pointers to pieces on peer performance reviews, some possible HR metrics, keeping top talent, and increased spending on leadership development.
From the Wall Street Journal: Peer Performance Reviews Take Off
“As some companies flatten out their management hierarchies and encourage more team-work, they’re doing away with traditional top-down, manager-led performance reviews and leaning more heavily on the rank-and-file for evaluations.”
Wally’s Comment: What’s happening here is more than simply flattening the hierarchy. We’re also talking about changing the role of the boss from the person who supervisors the work to the person who enables others to perform the work.
From HR Examiner: Four HR Metrics I Really Want to See
“I’m a true believer. HR analytics can be a crystal ball of sorts. Revenue per employee ratios and speed to competence metrics for new hires can offer key insights into ongoing performance. Dialing in specific metrics that are tailor-made for your organization — such as a hospitality provider that measures the time from placing an order to getting a drink on the table — that stuff is gold, baby. It also points to the key problem with HR metrics. Developing the right ones, the data that tells you something meaningful about your organization, is hard work. How do you sift through all the data and get to something relevant? Let me offer you a few HR metrics that I’d like to see. A few of these may be a little tongue-in-cheek. Something for the cat video peeps.”
Wally’s Comment: There’s a lot of talent development wisdom peeking out of this list of suggested HR metrics.
From Mark Royal: Keeping Top Talent: How Leaders Can Manage Increasing Employee Turnover
“A weak labor market associated with the economic downturn may have held down turnover rates in many organizations. But, it could be argued that we have been in the eye of a turnover storm.”
Wally’s Comment: Mark Royal is a senior principal in Hay Group’s employee research division. In this post, he identifies five key retention factors.
From Bersin: Boosted Spend on Leadership Development – The Facts and Figures
“Our just-released 2012 Bersin & Associates Leadership Development Factbook® shows that U.S. companies have increased leadership development spending 14 percent over 2011 levels to an estimated $13.6 billion in 2012.”
Wally’s Comment: Just knowing that there’s more money spent on leadership development really doesn’t tell you much. How much? How’s the mix changing? Barb Loew has the answers.
Carnivals and Such
The latest Carnival of HR at The Leaderboard
