Excellence through talent management eyad ramlawi

Excellence through talent management eyad ramlawi

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  Excellence Through Talent Management EyadRamlawi Dubai – December 12, 2013
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  Agenda • What isexcellence? • A challenge facing organizations?! • Improving performance with talent management “Mentoring” • Alturki Model
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  Increasing strategic impact Whatis Excellence? Redefine industry expectations by giving the company an operations advantage Best in industry with “Best Practices” Making the company as good as its competitors Holding the company back Stage 2: Adopt best practice Stage 3: Link strategy and operations Stage 1: Fire fighting mood Increasing operations capability Stage 4: Competitive advantage through operations
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  People, People, People Formulaof Success= People + Culture + Processes + Reward system There is a demonstrated relationship between better talent and better business performance.
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  A challenge facingall …… Talent - The gap between demand and supply of “Talent” will continue to increase in the next coming years. - 40 something people Vs 20 something people - Lots of knowledge and experience will be lost with more experienced people leaving organizations and work force market. - The context in which we do business is more complex and dynamic. - Transformation of knowledge should be managed properly between new and young talent and experienced talent - Organizations can save time and money if talent management techniques are applied effectively
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  What is Mentoring? -The word 'mentor' comes from Homer's Odyssey. The term itself means a 'wise or trusted counsellor'. It comes from ancient Greek mythology that tells the story of Odyssey, written by Homer. - Voluntary relation between experienced employee and less experienced employee - The aim is to accelerate learning to transform knowledge to help - So its important part of organization balance score card in order to achieve its goals. - So effective mentoring will definitely lead to higher productivity and employee retention. Talent management
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  CFOs as Mentors& Talent Managers - CFOs, beside other leaders, are well positioned to become good mentors due to the exposure and experience they gain dealing with different type of transactions - CFOs are strong candidates to head strategy offices for corporates and SIA process. - Most of the time, finance employees are good in what they do but don’t really have the full picture which it comes to value creation. - CFO need to invest time with staff and direct reports to explain the strategic direction of the company and transform knowledge within the organization - CFO is also positioned to exercise mentoring with his peers throughout facilitating various concepts such as investment strategy and capital allocation plus providing insights
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  Value creation strategy- Alturki Business control & target Setting Strategy and portfolio management Parenting approach Shareholders returns Financial Structure Governance & compliance People and Talent management
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  Capital allocation model- Alturki Shareholder value Portfolio Growth Talent efficiency Increase returns from business units Attract dividends People performance culture Attract – Develop – Retain talents Capital efficiency
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  Thank you