Reference no: EM133875184

Case: Jack Welch believed that effective talent management requires you to divide up your people into three levels: the top 20%, the middle 70%, and the bottom 10%. He used this approach to identify high performers - or top talent - and provide them with challenging professional assignments early in their careers.

Part of the power of understanding your top employees as "Talent" is the ability to assess their potential in light of their performance and values. The use of a simple Talent matrix can make the assessment process very powerful. This tool enables managers to assess employee performance and alignment with the core values of the organization, and to identify areas for professional development.

This exercise is designed to give you practical experience in using a Talent Matrix to differentiate employees and to make plans for the future in terms of the leadership potential of members of your team.

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 4, . 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.

Instructions
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. If you have no direct reports, use some individuals with whom you are familiar. Follow the steps below to complete your employee assessment activity.
Step 1: Create your Talent Engagement Chart
. Create a Talent Engagement Chart like the sample provided in this assignment, with a row for each employee. . Include 4 to 6 employees from your workplace in your chart, using first names only
. List and clearly define the core values you will use to assess your employees
. For each individual, create a row in the chart
Step 2: Assess your Employees
Select one Quadrant for each employee and indicate the Type that you chose in the Positioning column. Think carefully about the core values of your company and use them to assess the placement for each of the employees. Make notes about the reasons for your choices.
Step 3: Write your Rationale
Based on your notes, write a Rationale statement of 4 to 6 paragraphs. For each employee:
. Explain why you positioned them in the selected quadrant
. Assess their work and describe how well they align with the core values . Identify areas for improvement or professional development
. Indicate your plans for managing the employee in the future
Note: In writing your Rationale, use the sample statement provided in this assignment as a guide.
Step 4: Create your Assignment Document.
Use the format below to organize your work into the final assignment document:

Introduction
- Briefly explain the purpose of the overall Talent Engagement exercise.
- Describe the company's core values that you will use to assess your employees. Chart
- Include your Talent Engagement Chart here. Use the sample chart provided in this assignment as a model for your chart format.