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Jack Welch believed effective talent management could be achieved by dividing employees into three groups: the top 20%, the middle 70%, and the bottom 10%. He used this approach to identify top talent and provide them with challenging professional assignments early in their careers.
While team leaders often know “in their gut” which employees are strong performers, a simple analysis can help you know why they are doing well and where you can help them to develop. The use of a Talent matrix tool can make the assessment process very powerful.
This exercise is designed to give you practical experience in using a Talent Matrix to analyze your employees’ performance, as well as their alignment with the organization’s mission and values. For each employee, you will assess their performance, consider how well they align with core values of the organization, and identify areas for improvement or professional development.
One tool used to support the Welch approach to talent management is a matrix based on four different combinations of performance and values. To prepare for this exercise, look carefully at the Four Quadrants Matrix above; then review this document: Sample Talent Engagement Chart and Rationale Download Sample Talent Engagement Chart and Rationale. Note how the Rationale statement describes each employee’s performance and level of alignment with the company’s core values, and also indicates the manager’s plans for supervising each employee in the future.
Use the Four Quadrants Matrix above as a framework to assess your direct reports in your current workplace. If you have no direct reports, use a group of individuals with whom you are familiar. Create a Talent Engagement Chart, like the sample chart provided, with a row for each employee.
Your task is to select one Quadrant for each employee and to indicate the placement that you chose in the Type column. Think carefully about the core values of your company and use them to assess these employees. Use the format below to organize your assignment:
Introduction
Chart
Rationale Statement
Write a Rationale statement of 4 to 6 paragraphs. For each employee:
Note: In writing your Rationale, use the sample statement provided in this assignment as a guide.
Conclusion
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