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Managing Talent Pools

A talent pool is a group of individuals that is generally identified as the top talent within an organization. In order to prevent attrition and provide motivation, individuals that have met certain criteria for success are placed in a pool based upon their role, job code, or position.

Understanding Talent Pools

Talent pools provide flexibility in the selection process for a leadership team. Creating a talent pool rather than choosing one employee with key competencies is more effective and efficient for an organization.

For example, a championship athletic team usually finds the best available athletes based on a predetermined talent pool, and then determines where to fit those athletes into the team lineup. This is in sharp contrast to the traditional business approach, in which companies begin by assigning employees to more limited career paths.

An integrated approach identifies and grooms candidates for increasingly demanding leadership positions and prepares the organization for demographic trends that sharply decrease leadership ranks. The majority of high-potential development programs encourage cross-functional rotations to develop breadth of knowledge in future company leaders. Many companies focus on identifying and promoting talent within the organization as a whole, often seeking to deploy this talent across business units. Making cross-functional development training part of the job prevents disruption in the flow of business.

Pages Used to Create Talent Pools

Page Name

Definition Name

Navigation

Usage

Define Talent Pool Categories

HR_TPOOL_CATEGORY

select Set Up HCM, then select Product Related, then select Organizational Development, then select Define Talent Pool Categories

Define talent pool categories.

Manage Talent Pools - Talent Pool

HR_TPOOL_DEF

select Organizational Development, then select Succession Planning, then select Manage Talent Pools, then select Talent Pool

Search for and edit existing talent pools.

Manage Talent Pools - Ratings Box

HR_TPOOL_RATINGS

select Organizational Development, then select Succession Planning, then select Manage Talent Pools, then select Ratings Box

Rate successors using configurable X-Y matrices, or 9-boxes. Use ratings boxes to track custom-defined criteria such as performance, potential, readiness, and so on.

Manage Talent Pools - Learning

HR_TP_LRN_PRG

select Organizational Development, then select Succession Planning, then select Manage Talent Pools, then select Learning

Associate learning programs or a list of coursework for a specific talent pool through integration with Enterprise Learning Management.

Define Talent Pool Categories Page

Use the Define Talent Pool Categories page (HR_TPOOL_CATEGORY) to define talent pool categories.

Talent pool categories enable you to refine the definition of a Talent Pool. Defining a talent pool specifically for defining Key People allows you to create person-based succession plans for the talent pool members, and creates a search base for person-based succession plan definitions.

Image: Define Talent Pool Categories page

This example illustrates the fields and controls on the Define Talent Pool Categories page. You can find definitions for the fields and controls later on this page.

Define Talent Pool Categories page

Managing Talent Pools Page

Use the Manage Talent Pools - Talent Pool page (HR_TPOOL_DEF) to search for and edit existing talent pools.

You can manually add internal and external individuals to talent pools based on performance and potential analysis. Add internal individuals automatically using Profile Manager's search and match feature. Depending on your organization's practices, readiness is a key monitor factor for talent pools. You can manually specify each employee's readiness based on criteria established by your organization.

Image: Manage Talent Pools - Talent Pool page

This example illustrates the fields and controls on the Manage Talent Pools - Talent Pool page. You can find definitions for the fields and controls later on this page.

Manage Talent Pools - Talent Pool page

Talent Pool Details Tab

Performance and Career Tab

Job Data Tab

Talent Pools - Ratings Box Page

Use the Manage Talent Pools - Ratings Box page (HR_TPOOL_RATINGS) to rate successors using configurable X-Y matrices, or 9-boxes.

Your organization's administrators can use a ratings box, configurable X-Y grids, to place individuals into different quadrants of the ratings box in order to track user-defined criteria such as the performance, potential, and readiness, of the talent pool members.

Use ratings boxes to track custom-defined criteria such as performance, potential, readiness, and so on.

Image: Manage Talent Pools - Ratings Box page

This example illustrates the fields and controls on the Manage Talent Pools - Ratings Box page. You can find definitions for the fields and controls later on this page.

Manage Talent Pools - Ratings Box page

Manage Talent Pools - Learning Page

Use the Manage Talent Pools - Learning page (HR_TP_LRN_PRG) to associate learning programs or a list of coursework for a specific talent pool through integration with Enterprise Learning Management.

You can associate learning programs or a list of coursework for a specific talent pool through integration with Enterprise Learning Management. If a talent pool member has an active pool status, the system adds the learning program to the talent pool members' Learning Plan page (LM_LEARNING_HM) in Enterprise Learning Management. The learning definitions are initiated on the Learning tab of the Create Talent Pool page.

Note: Enterprise Learning Management must be installed in order to display the Manage Talent Pools - Learning page.

Image: Manage Talent Pools - Learning page

This example illustrates the fields and controls on the Manage Talent Pools - Learning page. You can find definitions for the fields and controls later on this page.

Manage Talent Pools - Learning page