People need the support of their leaders and organisations processes to develop their talents.
Deep Bhandari delves deep into the topic of Talent Development and its impact on individuals and organisations.
Why Indian Pharma Needs to Enable Managers to Develop Talent
1. Digital Excellence Pharma Academy
Architecture To Develop Pharma Business Leaders
For Today and Tomorrow
2. Why Managers Derail…
Trouble With People
Blocked Personal Learner
Lack of Ethics and Values
Political Mis-steps
Too Narrow
Key Skills Deficiencies
Non-Strategic
Overdependence on an Advocate
Overdependence on a Single Skill
Doesn’t Inspire or Build Talent
Failure to Build a Team
Failure to Staff Effectively
Poor Administration
Why Do Managers Fail to Develop Talent?
And How it Derails their Own Career
4. Biggest Challenge in Digital Adoption
48%
Availability of
Right Talent
38%
Limited Resources
29%
Right Technology
29%
Leadership is
Not Sure
Rely on the successful habits from the past, there is a natural tendency to
stick to what is familiar and repeat what has worked for us previously
How to get out of these ruts and try something new, learn something
new and do something different-responding to pandemic /change
Leaders who learn lessons of work and life faster aren’t any smarter from the IQ
standpoint. They simply have more learning strategies in their arsenal to help
them learn what to do when what they have been doing isn’t working as well
5. Developing People – Two Powerful Perspectives
• High Priority on Developing Teams
• Effectively Use Coaching,
Feedback, Exposure and Stretch
Assignments
• Aligns with Career Goals with
Organizational Objectives
• Encourages People to Accept
Developmental Moves
Talent Developer
• Doesn’t Believe People want to
Develop
• Not My Responsibility
• Doesn’t Know How to
• Reluctant to Share Spotlight
• Lack Patience
• Shies Away from Giving
Developmental Feedback
Why Talent Development Fails
01
02
Developing
Talent
6. Why Managers Derail…
Trouble With People
Blocked Personal Learner
Lack of Ethics and Values
Political Mis-steps
Too Narrow
Key Skills Deficiencies
Non-Strategic
Overdependence on an Advocate
Overdependence on a Single Skill
Doesn’t Inspire or Build Talent
Failure to Build a Team
Failure to Staff Effectively
Poor Administration
Why Do Many Managers
Fail to Develop Talent?
And How it Derails their
Own Career
7. Our Obligation as Leaders
Developing Talent …
…critical for going BEYOND # 1
8. If driving for results is one of your
strengths, but coaching is not…Your
opportunity to be in the top 10% of
leaders is
If coaching is one of your key
strengths, but driving for results
is not, your chance of being in
the top 10% of leaders is
However, if you are able to energize people to achieve results
AND you regularly coach and mentor others effectively,
the probability of you being in the top 10% of leaders increases dramatically to
4%
Time Invested in Developing People Pays Off
7%
85%
Zenger Folkman: The Extraordinary Coach
10. Education
10%
Exposure
20%
Experiences
70%
Developmental Impact
70-20-10 Model For Development
Sources: 70-20-10 model - McCall, Eichinger, Lombardo; Updates to model - Human Capital Institute
Learning from
New and Different
Experiences
Learning from others
in the Work-place &
Community/Social
Learning and
Personal Networks
Learning from
Courses,
Programs,
Materials
True learning requires active engagement and practice, not just exposure to new information.
Relationship-based vehicles are important & valuable tools. They are also powerful
facilitators of experience-based learning.
11. SUCESS
How Successful Leaders Develop …
• Challenging Jobs
• Bosses & Other People
• Hardships
• Coursework
• Off-Job-Experience
2
3
1
START
4
5
12. High
Realised
value
Low
Point Solutions
Share views, ask questions, participate in the
discussion group
Continuous development
Execute learning, demonstrate behaviours
10%
Educational Learning
20%
Relationship Based
Learning
70%
Experiential
Learning
Maximise Learning Efforts,
Measuring Performance
Initiate Pilot Project
Facilitate and Support Learning
Efforts Continuously
Critique / Coaching
Continuous Feedback
Watch all Webinars
Highly Engaging
Webinar
MedicinMan 70-20-10 Holistic Approach
to Build Digital Competencies
13. 1. What is talent and why it's crucial for organisation's success now?
2. Why do ‘successful’ leaders derail?
3. What Pharma can do to build talent effectively?
4. How can MedicinMan help?
5. Want to Do a Pilot? Write to me – anupsoans@gmail.com