Supernova Award Category
Future of Work: Human Capital Management
The Problem
Our world is constantly changing, and we continually face new and unexpected challenges. The COVID crisis has emphasized the importance of identifying leaders that have the experience and skill to keep the business going even in the toughest of times. Business continuity now depends on leaders and teams to make quick decisions causing them to re-evaluate strategies and redefine day-to-day operations.
It has never been more important to create an agile workforce that can pivot suddenly to meet unforeseen circumstances and fill critical roles in teams. Mobilize transforms talent management to proactively answer every workforce requirement.
Mobilizing and utilizing internal talent has become a priority for many businesses. But talent mobility decisions are not quick, simple to make, or accurate in their prediction. We know this as 46% of leaders fail to meet their objectives in their first six months.
Traditional methods of identifying internal talent are often based on subjective elements like manager intuition or relationships, length of service, development plan commitments, and a host of other non-scientific methods. This can lead to low diversity, lackluster results, and declining employee engagement. According to Financial Management Magazine,43% of CEOs said that poor talent management has kept them from meeting their targets.
The Solution
Mobilize is the end-to-end talent mobility solution for accurate, immediate, and agile decision-making, uniquely delivering the transformative Power of Context to increase the accuracy of your leadership mobility decisions by 4x.
High Potential Identification: Identify high potential employees with deep insight into ability, aspiration, and engagement. Then make development and mobility decisions with unrivaled precision thanks to the Power of Context.
Strategic Alignment: Align and develop your high potentials and leaders with insight into group and individual strengths and weaknesses. Support individual ownership of development with automatically generated and personalized development plans.
Succession Planning: Plan for succession and manage your talent pipelines more effectively with insight at your fingertips. Objective data that increases diversity, removes unconscious bias and uncovers your hidden gems.
The results
Mobilize is the end-to-end talent mobility solution of assessments and real-time people insights, designed to increase the accuracy and speed of talent decisions.
Delivering real business results: Mobilize identified internal candidates have 22% higher performance, are 38% more likely to be a woman than men and are 82% more engaged.
Delivering immediate insights to support multiple talent decisions. For example, simply assess your employees once. Then enjoy intuitive dashboards that:
- Identify your high potentials
- Pinpoint group and individual development needs, aligning them to business strategy
- Fill succession pipelines
- Support accurate internal candidate selection
- Uncover hidden gems
- Support the placement of acquired individuals through M&A
These insights adapt to the context, situations, and challenges you face. Scientifically proven to increase the chances of your making the right decisions by 4x. Giving your HR teams the agility to quickly answer any internal mobility question with the few clicks of a mouse. Your leaders get the confidence your business has the internal talent it needs to navigate any future challenge or opportunity.
Additionally, it empowers your employees to own their development with personalized development tips, aligned to your business’ strategy.
Metrics
Mobilize identifies leaders that are:
More diverse: 58% are women
Internally sourced: saving an organization up to $122m or up to 50% of hiring costs by expanding the candidate pool to include hidden internal talent
Successful and deliver results: 4X more likely to be top performers
They have higher work engagement: Highly engaged 82% more likely to be a top performer
The Technology
Mobilize is built on SHL’s comprehensive leadership study, that won the SIOP award for Best Applied Research in the Workplace.
https://www.shl.com/en/newsroom/press-releases/shl-honored-with-the-pres...
Disruptive Factor
Frequent large-scale change has pushed transformation and agility to the top of many organization’s priorities. 9 in 10 roles require new skills to be developed and 44% of organizations are expecting a major restructure in the next 2-3 years. But with nearly half of leaders (46%) failing to meet their objectives in their first six months, we wanted to find out what makes a mobility decision successful.
After one of the largest and most comprehensive studies ever conducted on the predictors of leader success, SHL found that organizations need to rethink leadership mobility and development.
Validating that, when considering context in selection and development decisions, leader performance, engagement, and diversity dramatically improves. Ultimately increasing the agility and impact of leaders in our ever-evolving world.
SHL’s Mobilize Solution combines science and technology to go beyond a point-in-time diagnostic and improves several talent management decisions, from succession planning to high potential and leadership identification.
Shining Moment
We are most proud of the hidden gems feature. It acts like an internal talent scout for the business. Hidden Gems democratizes the process by running every single person's data through the algorithm to uncover talent that you may not have considered. People that may otherwise be overlooked due to geographical/functional silos or conscious/unconscious bias. Hidden Gems takes an objective/unbiased look at your people’s capabilities and helps you leverage internal talent.