08:38 Assessment in Talent and Human Capital Management A Psychological Science cognitive field theory of learning Evaluation Amalgam Insights | |
Chief human resource officers, chief people officers, chief talent officer, chief technology officers, chief digital officers, human capital directors and managers, human resource directors and managers, learning and education managers, learning project directors and managers, organizational change directors and managers, talent directors and managers, training and development directors and managers, training officers.Cognitive field theory of learning Generational differences and continuous, rapid changes in the workplace, place a heavy burden on talent and human capital management platforms to effectively guide individuals through the full employee lifecycle from hire to retire.Cognitive field theory of learning one-size-fits-all approaches to recruitment, onboarding, learning and development, succession planning and incentive compensation lead to weak employee engagement, poor job satisfaction and high turnover rates.Cognitive field theory of learning Talent assessment blends psychology and data science, and when incorporated into talent and human capital management platforms, offers insights that are actionable and can increase engagement, satisfaction, and retention.Cognitive field theory of learning talent assessment is most commonly applied to recruitment and onboarding, and many vendors have developed impressive and effective offerings.Cognitive field theory of learning however, talent assessment is less commonly applied in learning and development, succession planning and incentive compensation, which represents a missed opportunity.Cognitive field theory of learning The goal of talent and human capital management platforms is lofty. These platforms aim to help clients guide employees through the full lifecycle from hire to retire.Cognitive field theory of learning this includes interviewing and recruiting the right individual for the job, onboarding these new employees into the workplace, providing continuous learning and development, creating the ideal succession plan, and building compensation programs that keep motivation and productivity high.Cognitive field theory of learning A significant challenge faced by talent and human capital management platforms is providing the right recruitment, onboarding, learning and development, succession planning and compensation plan for each individual employee.Cognitive field theory of learning this is especially challenging for at least two reasons. Second, because the needs in the digital workplace are changing continuously and rapidly, a critical need today may become obsolete, and a qualitatively different set of needs may become necessary tomorrow.Cognitive field theory of learning this will affect the types of individuals that companies attempt to recruit, how they will onboard those personnel, and how they develop training and development programs.Cognitive field theory of learning in short, a one-size-fits-all approach is ineffective in talent and human capital management. Instead, a lean and agile approach is necessary that customizes the talent and human capital management processes to the individual and to the ever-changing corporate needs.Cognitive field theory of learning Talent assessment tools can add value in addressing these challenges by characterizing each potential or current employee along a number of important psychological attributes.Cognitive field theory of learning talent assessment blends psychology and data science and offers insights that are immediately actionable and can make the difference between workplaces that are high in engagement, satisfaction, and retention, and those that are weak on these same metrics.Cognitive field theory of learning with the constant battle to find, develop, nurture and retain the right employees, talent assessment will continue to grow in value in talent and human capital management.Cognitive field theory of learning A number of assessment tools are available on the market that assess cognitive functioning, emotional intelligence, personality and specific skills such as leadership, to name a few.Cognitive field theory of learning many of these are effective at measuring a broad range of psychological factors that are predictive of job success. The use of talent assessment is growing in talent and human capital management and is especially prevalent in recruitment and onboarding.Cognitive field theory of learning Talent assessment tools are especially useful when applied to the challenges associated with recruitment and onboarding. Current employees in each specific position can be evaluated along a number of important attributes.Cognitive field theory of learning this information can be aggregated with metrics of job success to construct a talent attribute profile for the ideal employee. Talent assessment tools can be administered to potential recruits and a talent attribute profile can be generated for each recruit.Cognitive field theory of learning each recruit’s talent attribute profile can then be matched with that of the ideal employee to determine the level of “fit”. Because the fit will rarely be perfect, this process also identifies potential areas of weakness that can be remediated during the onboarding process.Cognitive field theory of learning Sophisticated statistical modeling and machine learning/artificial intelligence often underlie this talent assessment process, and customers in search of the best talent and human capital management platform should scrutinize the talent assessment process as much as possible.Cognitive field theory of learning the best talent and human capital management solutions will be transparent with respect to the details of their talent assessment process, and the process should “make sense” even to the non-mathematician.Cognitive field theory of learning vendors who market machine learning and artificial intelligence without specific, common sense details to back them up should be avoided. Although a number of talent and human capital management offerings effectively incorporate talent assessment into their recruitment and onboarding processes, in many cases this is where the application of talent assessment ends.Cognitive field theory of learning from a psychological science perspective, this represents a missed opportunity given the importance of psychological factors, such as cognitive functioning, emotional intelligence, and personality to the nature of continuous learning and development, the design of meaningful succession plans and the creation of compensation programs that motivate.Cognitive field theory of learning Two areas where talent assessment, in particular, personality assessment, are beginning to gain traction is in learning and development and incentive compensation.Cognitive field theory of learning A number of studies have shown that personality affects whether one is motivated by cooperative or competitive compensation plans, and that personality and motivation interact in their effects on learning.Cognitive field theory of learning although some forward-thinking talent and human capital management vendors are beginning to recognize the value of talent assessment in team dynamics, management and leadership training, succession planning, and incentivized compensation, many are not.Cognitive field theory of learning as talent science matures, and the workplace continues its exponential rate of change, we expect applications of talent assessment to expand from recruitment and onboarding to the full gambit from hire to retire.Cognitive field theory of learning Talent and human capital management platforms offer clients tools for managing employees across the lifecycle from hire to retire. This is a challenging task given fundamental generational differences and fast-paced changes in the workplace.Cognitive field theory of learning talent assessment can provide value in addressing these challenges by characterizing each potential or current employee along a number of important psychological attributes.Cognitive field theory of learning talent assessment has been used by some talent and human capital management vendors to improve the effectiveness of recruitment and onboarding.Cognitive field theory of learning A small number of forward-thinking vendors are beginning to extend the application of talent assessment to learning and development, succession planning and compensation.Cognitive field theory of learning | |
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