Nous Group partnered with a European financial payments organisation to co-design their approach to talent development.
Operating in a rapidly changing and competitive environment, the organisation identified five areas, aligned closely with its strategic priorities, which would be critical to future success:
Nous worked closely with the director of talent, participants and other stakeholders to co-design a new development programme focused on challenging participants to innovate, to solve business problems and stretch themselves. Building on the 70/20/10 approach, components of the programme include:
Rather than a prescriptive programme, the approach offers a selection of development opportunities that best suit the individuals and the business, and will be a key input into succession planning. Participants are selected following an assessment against six critical capabilities for the future and individuals can select the initiatives that best suit them while still benefiting from the connection, collaboration and support offered by the other participants, leaders and talent team.
A process is in place to track and report progress and outcomes to the chief executive officer and senior leadership group, closely linking results to future workforce needs.