san antonio regional relocation council september 17, 2013
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Today’s Talent Management. San Antonio Regional Relocation Council September 17, 2013. About Valero - Business. International manufacturer and marketer of: Transportation fuels Petrochemical products Power 10,500 employees 16 refineries – 3 million barrels per day - PowerPoint PPT PresentationTRANSCRIPT
San Antonio Regional Relocation CouncilSeptember 17, 2013
Today’s Talent Management
About Valero - Business
International manufacturer and marketer of:►Transportation fuels►Petrochemical products►Power
10,500 employees 16 refineries – 3 million barrels per day 10 ethanol plants – 1.2 billion gallons per day 50 megawatt wind farm Biomass diesel facility – 9,300 barrels per day
About Valero - Community
131,000 hours of volunteer hours
Valero Texas Open: Benefit For Children
►$10 million in 2013 and $81.5 million since 2002
United Way – highest per capita in nation
MS 150 – Alamo Ride to the River: $1.5 million
Talent Management – Top Concern
Bloomberg January 2013
Talent Management top strategic corporate concernKorn/Ferry March 2013
Harvard Business Review May 2013
Fisher & Phillips, LLP
Talent and the shortage in key skills dominate the concerns of most CEOs2013 PricewaterhouseCoopers CEO Survey
Talent Management DefinedImplementation of integrated strategies or systems designed to increase workplace productivity by developing improved processes for attracting, developing, retaining and utilizing people with the required skills and aptitude to meet current and future business needs
A holistic approach to optimizing human capital, which enables an organization to drive short- and long-term results by building culture, engagement, capability, and capacity through integrated talent acquisition, development, and deployment processes that are aligned to business goalsTalent management is an
organization's commitment to recruit, retain, and develop the most talented and superior employees available in the job market
An organization's attempts to recruit, keep, and train the most gifted and highest quality staff members that they can find, afford and hire
Talent Management Defined
Managing the ability, competency, and opportunities of
employees to enhance overall
talent power
Integrated Talent Management
PLAN HIRE DEVELOP MANAGE RETAIN
• Strategic Planning & Organizational Alignment
• Goal Setting
• Workforce Planning
• Recruitment Strategy
• Interviewing & Selection
• On-boarding
• Individual & Team Development
• Management & Leadership Development
• Organizational Development
• Setting Expectations
• Coaching & Feedback
• Performance Management & Evaluation
• Rewards & Recognition
• Career Planning
• Succession Planning
PERFORMANCE
Talent Management ∞ Relocation
Hire – top candidates are rarely local►Spouses, significant others, delayed moves, two for one
hires, etc.
Develop – benefits of multiple location experience, stretch assignments, varied leadership exposure
Retain – matching correct talent to correct position at correct time
PLAN HIRE DEVELOP MANAGE RETAIN
Critical People vs. Jobs
Critical People – efforts focused on identifying key people critical to business success►High potential►Identified successor
Critical Jobs – efforts focused on identifying key jobs critical to business strategy►Key business unit leader►Key customer interface►Key technology expert
DiscussionMore Activity?
Larger Budgets?
Lower Level Approval?
Lower Level Positions?
Interns?
More Policy Exceptions?More Critical to Offer?
Recent Policy Revisions?