Talent Balanced Scorecard - A new Framework to Measure and Manage the value of Corporate Talent
When: Wednesday, June 11th, 2008
Profitability Per Employee (PPE) is a new metric that’s beginning to show promise as way to measure the intangible value that great talent adds to the corporate balance sheet. By identifying the incremental improvement in profitability based on fixed value of total corporate assets, we can begin to isolate the real contributions of pure brain power. This is an important metric that senior leaders care about in a big way.
- What if we can determine the factors that influence Profitability Per Employee
- What if we are able to show managers the roadblocks that are preventing the organization from increasing its total return on talent?
- What if we were able to finally prove to managers that they should spend more time developing people than focusing on short-term financial results because it really does create higher value for shareholders?
The new Talent Balanced Scorecard (TBSC) is a management framework designed to:
- Emphasize our understanding of the most critical talent processes;
- Measure in hard terms the real impact of talent processes on business value;
- Target initiatives that will improve the outcomes of talent processes.
The Talent Balanced Scorecard takes a more strategic approach to managing talent processes and their integrated learning & development strategies. Learn how your organization can take part in shaping the future of this major innovation in talent management.
Presenters:
Sue Todd is President of Corporate University Xchange. She works as an advisor to Global 2000 organizations on all aspects of designing learning strategies, monitoring the impact of learning and development on business performance, and implementing enterprise-wide learning technology infrastructures. Sue also administers the development of CorpU research.
Sue has more than 20 years of experience consulting with corporate universities and learning and development groups on performance management, eLearning, learning content, program measurement and other HR and training-related topics. She has taken the lead on corporate university design projects with companies like Air Products, M&M Mars, Rio Tinto and others, and has presented at ASTD and Training events and other industry conferences.