Magazine article Talent Development

In Times of Change, Talent Development Matters More Than Ever

Magazine article Talent Development

In Times of Change, Talent Development Matters More Than Ever

Article excerpt

It isn't just change that today's organizations face. Instead, it's multiple major changes that sometimes occur simultaneously. Seven in 10 leaders report that their organizations saw at least one large organizational transition in the past two years. Of that group, 60 percent saw three or more. Changes might be negative or positive and include expansion, downsizing, mergers and acquisitions, and other major structural shifts.

Those statistics are found in a new report from the Association for Talent Development and the Institute for Corporate Productivity, Culture and Change: Protecting and Shaping Culture During Transitions. ATD and i4cp surveyed 533 talent development leaders across a broad range of industries and locations. The report is sponsored by Workday.

The research found that at high-performing companies, the talent development function is more likely to play an active part in the change process, particularly when it comes to defining culture and communicating about culture to employees. Although 60 percent of organizations overall involve the talent development function in shaping culture and planning for the post-change culture, that figure is significantly higher at market leaders.

These efforts might involve protecting elements of the existing culture (particularly those that have proved to be the foundation of past successes) and making modifications to others. When Agilent Technologies, a provider of life sciences, diagnostics, and applied chemicals, restructured and spun off its electronic measurement business into a new company (and both Agilent and the spin-off named new CEOs), Sally Nowak, director of executive development, led Agilent's culture activation initiative. …

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