-By Development Network- Predicting who will move furthest, fastest is the key to a successful talent review process. Unless you do this, it's impossible to differentiate how to invest in strategies to grow talent or to do succession planning. By definition, succession planning predicts who will be able to move into a role or level at a certain point in time. An inaccurate process is not only a significant waste of resources but can jeopardize the company's future. You can make your talent review process more predictive and effective by improving its simplicity, transparency and level of accountability. Simplify how you identify high potentials. Elaborate competency models don't often predict which managers succeed. Sometimes they fail because the models are lists of good managerial and leadership behaviors, not the few vital behaviors that differentiate success. Often, they quickly become outdated as the organization's strategy changes. By the time you've developed and implemented a certain type of model, it's only likely to be accurate for a few years at best. Solve this problem by creating your high potential model during the executive team talent review. After you've completed your calibration discussion, ask the meeting participants which factors differentiate those in the highest potential category from those in the next highest potential category. The two or three factors they identify will be the operation's definition of high potential. Their answers may not align with your desired model and you may not even agree, but they're what your executives consider when they evaluate who has high potential. Simplify the process by following these steps: 1. Use a performance and potential (PxP) matrix: Most companies already use this to differentiate their talent. When used properly, it's the most straightforward and accurate way to understand the quality of talent. 2. Keep the PxP simple: Use nine boxes at the most. For most managerial roles, you can't accurately differentiate people into any greater number of categories. 3. Assess potential to advance: Predicting success is the purpose of talent reviews. If you're defining potential as alignment to your company values, an individual's ambition or anything else, you've eliminated the process' usefulness to succession planning. Include in your PxP definition of potential a statement defining it as progress through levels over time - for example, one level in three years, two levels in six years - so it feeds into succession planning. 4. Assign clear accountability for follow-up. Too many organizations destroy the value of talent reviews by failing to execute on the agreed development decisions. This is most often due to a lack of process and accountability. The solution is as simple as this: a) HR should record every talent action agreed to: That might include the action, due date and the person accountable for executing each development decision. b) HR should follow up on every action: It is HR's responsibility to ensure the successful execution of every talent action identified during reviews. Once a month, the responsible HR leader should call or visit the manager accountable for the action to ensure it's moving forward. If it's not, they need to push for progress and elevate the issue if they meet resistance. c) The list of agreed-upon actions should be the first agenda item at the next talent review: It will be obvious who didn't do their job as the status of each item is read. Turn up the transparency dial. You may not need to be 100 percent transparent about every talent review decision, but more transparency is typically better than less. You should: a) Increase process transparency: Let everyone reviewed in the process know that the process occurs and about the tools used, the topics discussed and the types of decisions that are made. The most transparent organizations post this on their intranet. b) Increase outcome transparency: At a minimum, anyone reviewed in the process should have a yearly conversation with their manager to discuss their performance and their potential to move forward. This step empowers employees to make the right career decisions. If you can implement these few enhancements you'll find your talent review process accurately differentiates talent and allows you to make smart talent investments. [About the Author: Marc Effron is president of The Talent Strategy Group and author of One Page Talent Management.] -For More articles & Information: http://www.developmentnetwork.co.nr/ |
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Thursday, November 28, 2013
Predicting Success-by Marc Effron | Talent Management
Tuesday, November 26, 2013
Fw: UN Trust Fund Call for Proposals 2014: Large and Small NGOs can apply
On , sasikumar kanakalingam <saksi76@yahoo.com> wrote:
On Wednesday, 27 November 2013, 7:36, fundsforngos.org <newsletter@fundsforngos.org> wrote:
| Here are the fundsforngos.org email updates for saksi76@yahoo.com |
UN Trust Fund Call for Proposals 2014: Large and Small NGOs can apply Calling all Fundraising Professionals! We are inviting you to be the first to try FundsforNGOs Premium Website which promises to revolutionize how you and your NGO can set about your fundraising. Never before have so many funding opportunities been collected in one place meaning that you can forget about endless hours researching donors…[more] UN Trust Fund Call for Proposals 2014: Large and Small NGOs can apply Deadline: 22 January 2014 Developing Countries A new call for proposals under the United Nations Trust Fund has been announced. NGOs are invited to submit proposals. For large civil society organizations, governments and UN Country Teams, budget requests should be within the range of a minimum of US$ 300,000 to a maximum of US$ 1 million total for duration of two to three years. For small civil society organizations, especially grassroots women's organizations and youth‐led organizations, budget requests for a minimum of US$ 50,000 will also be considered…[more] http://www.fundsforngos.org/?p=56037 Fundraising Essentials: How to nurture Individual Donors After nearly a decade working in fundraising in several countries and in organisation's big and small, it has become apparent that the majority of NGOs continue to see grant funding as the panacea to their fundraising challenges. Time and again when new projects are proposed or when financial difficulties arise NGOs will point their fundraisers in typically one direction, large grant project funding…[more] http://www.fundsforngos.org/?p=56031 HIV & Drug Use Research Fellowships Program Deadline: 10 February 2014 All Countries Applications are accepted for HIV & Drug Use Research Fellowships Program offered by International AIDS Society (IAS). This program is being supported by National Institute on Drug Abuse (NIDA) and the French National Agency for Research on AIDS and Viral Hepatitis (ANRS)…[more] http://www.fundsforngos.org/?p=55933 Social Venture Challenge Asia – Competition Deadline: 28 January 2014 All Countries Participants from around the world are invited to take part in Social Venture Challenge Asia Competition. This program is being supported by DBS and NUS Enterprise…[more] http://www.fundsforngos.org/?p=55915 Featured: The Global Fund for Women Grants: How to Write Your Proposal A guide for small NGOs on how to develop and submit a proposal to apply for grant from the Global Fund for Women which offers $5,000 to $30,000 per year for projects that promote women's rights around the world. This guide takes you through the application form, providing tips and live examples on how to draft various components of the proposal…[more] http://www.fundsforngos.org/?p=55975 United Nations Democracy Fund (UNDEF) 2013: Learn How to Apply Deadline: 31 December 2013 All Countries The United Nations Democracy Fund (UNDEF) 2013 Call for Project Proposals is now open for NGOs to apply. The Fund provides financial support to projects around the world for strengthening the voice of civil society, promoting human rights and encouraging the participation of all groups in the democratic processes. The main areas of funding are Community Development, Media, Rule of Law and Human Rights, Tools for Democratization, Women and Youth…[more] http://www.fundsforngos.org/?p=55806 Calling all Fundraising Professionals! We are inviting you to be the first to try FundsforNGOs Premium Website which promises to revolutionize how you and your NGO can set about your fundraising. Never before have so many funding opportunities been collected in one place meaning that you can forget about endless hours researching donors…[more]       More Recent Articles
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Tuesday, August 13, 2013
Miranda Wang and Jeanny Yao | Profile on TED.com
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Saturday, June 22, 2013
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Thursday, May 23, 2013
USAID’s Development Innovation Ventures: Why NGOs should seriously make use of this funding opportunity?
-By Development Network-
-For more Articles and Information: http://www.developmentnetwork.co.nr/
The United States Agency for International Development (USAID) launched the Development Innovation Ventures (DIV) for the years 2012 and 2013 on April 13, 2012 to provide funding of up to $100,000 for new project ideas and again $1 million to $15 million for scaling up of innovative ideas for several years. Interestingly, USAID has opened this opportunity to NGOs from all countries around the world. Even if you are a small NGO based in a developing country or a huge organization leading several projects across different parts of the world, you are eligible to apply and win grants under DIV.
DIV is accepting proposals for projects which offer innovative solutions to problems related to development. As this opportunity seeks to address different kinds of development challenges, you can submit proposals for any sector, whether it is livelihood development, agriculture, climate change, environment, democracy, human rights, peace and conflict etc. The problems or challenges existing in these sectors can be addressed innovatively by NGOs in their project areas and USAID would be more than willing to understand them, review your project ideas and fund them right from the start up. If your organization is already implementing innovative solutions to address development problems, then you can share them in your proposal and if USAID approves it, you can scale them to other project areas.
Before we can explain you how to apply for this funding opportunity, it is important to understand why NGOs should apply for it.
This is a unique grant opportunity because NGOs from all across the world are invited to apply for it. Secondly, you can submit your project ideas in any sector or area of interest. Thirdly, DIV funds new ideas or start-ups (not many donors would do this). Fourthly, there is scope for receiving additional funding from USAID; if your innovative project receives initial success, then you have better chances of getting more funds to replicate the same project in other areas. Lastly, and more importantly, USAID believes that in the coming future, funding for NGOs would be limited and thereby, it is necessary to innovate and implement cost-effective solutions to address development challenges. [Click here to continue reading]
For more Information
Sunday, March 24, 2013
World Bank Grant Opportunity in South Asia for Youth Solutions
-By Development Network-
Deadline- April 11, 2013
The World Bank and the Microsoft have launched this grant opportunity called "Youth Solutions! Technology for Skills and Employment" innovative project proposals using ICT to address the challenges facing the youth, like lack of skills development and unemployment, are being invited from youth-led organizations.
Jointly implemented by the World Bank and Microsoft, the competition seek ideas from youth on how to use innovative and creative methods to promote IT skills amongst youth helping them to secure gainful employment.
The program will be organized in four South Asian countries – Bangladesh, Maldives, Nepal and Sri Lanka. Each country will win one grant of US$ 10,000 to 20,000 to carry out an innovative project, one year in duration.
Each country will win one grant of US$ 10,000 to 20,000 to carry out an innovative project, one year in duration.
Eligibility & Criteria-
- Youth-led organizations and NGOs can submit project proposals for this grant competition
- The applying organization has to be registered with at least two years of operation
- All team members have to be above 18 years of age
Selection Criteria
- The project proposed should use ICT as a tool to implement or promote the project.
- The project should provide employment opportunities for at least 3 people and above.
- A strong sustainability plan needs to be part of the initial project proposal.
- The projects should be participatory.
- Proposed project must be completed within 12 months of disbursement of the initial grant
- The output or results outlined in proposals should be measurable and demonstrate a direct impact in project areas. Projects with the sole final output of research, such as publications, training or conferences/forums with no directly verifiable results will be ineligible.
- Innovation is one of the key criteria of selection. Out of the box initiatives, which can be practically implemented, will score.
For more information, visit this http://www.worldbank.org/en/news/feature/2013/03/13/youth-solutions-technology-for-skills-employment
Sunday, March 3, 2013
Wednesday, February 27, 2013
How Bilateral Donors provide funding to NGOs
How Bilateral Donors provide funding to NGOs Check out our resource on how to identify bilateral donor agencies and how to approach them for funding. This guide covers information about AusAID, CIDA, DANIDA, JICA, SIDA, UKaid and the USAID. You can learn how to locally contact these agencies in your own country and what kinds of funding programs are available with them...[more] http://www.fundsforngos.org/?p=23061 Recent: Proposals invitied for Buckminster Fuller Challenge: Grants of up to $100,000 World Learning's Advancing Leaders Fellowship: $10,000 Award, Training and Networking Japanese Award for Most Innovative Development Project: Grants of up to $45,000 Japanese Award for Outstanding Research on Development: Grants of up to $45,000 Medals for Research on Development (Medals): Grants of up to $15,000 fundsforngos.org is wholly owned by FUNDSFORNGOS, LLC located at 866, United Nations Plaza, Suite 437, New York, NY 10017, USA. |
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