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Conversations with FMP Leaders: The Future of Strategic Human Capital
Since March 2021, FMP has been proudly celebrating its 30th anniversary. As we close out our celebration, we are highlighting FMP’s three major capability areas. In the second part of our 3-part interview series, we are thrilled to gain special insight from Marni Falcone and Bryanne Cordeiro Reynolds, two Strategic Human Capital thought leaders at…
Hitting the “Sweet Spot”: Getting the Most Out of SME Partnerships during Course Development
I am always excited to find the elusive “sweet spot” with Subject Matter Experts (SMEs) when designing and developing a technical training course. That is the spot where you have a truly collaborative partnership with SMEs leading to: Minimal client revisions to materials, An enjoyable course development experience, Training that is timely, accurate, and instructionally…
Best Practices for Competency Development
In my last blog, I discussed how competency models are more important for effective talent management than ever before in a post-2020 world. In this blog, I will review best practices and considerations for competency development. Competency models provide a common lexicon, or framework, that describe what is needed for organizational success. With proper development…
Post-2020 Human Capital: Why Competencies are More Important than Ever
Competency modeling has been a part of effective human capital strategy for decades but defining competencies through competency modeling is more important than ever before. 2020 was a critical point in our history for a myriad of reasons, but its impact on work is undeniable. COVID-19 has shifted the world’s approach to how and where…
What Is Succession Planning and Why Do It?
Succession planning is essentially workforce planning targeted at a defined set of key positions. It is a future-focused process for developing a pool of talented employees to fill leadership roles in an organization and is a tool for managing human resources strategically. This blog will outline how succession planning can be done using a six-step…
Making Training Stick: A Guide to Ensuring Transfer of Training
Benefits to training Training provides employees with unique knowledge, skills, and abilities (KSAs) that add value to the organization and allow for high performance on the tasks that are necessary to achieve organizational success.1 Training benefits both employees and organizations through three different mechanisms. First, when employees engage in training, their new KSAs can increase organizational performance (e.g., profitability, effectiveness, productivity). Second, when organizations choose to invest in their employees, employees…
The Tale of a Toaster: Lessons for Human Capital Consultants
At FMP, one of the things that makes us stand out is our motivation to deliver quality products and ensure client satisfaction. A story that resonates with us is that of Tom Klaff, CEO and Founder of Revolution Cooking. What do a toaster and a human capital consulting firm have in common? The aim of…
Surveys in the Virtual Workplace: Tips for Addressing Common Issues
With the rise in virtual work brought upon by the COVID-19 pandemic, it has become increasingly crucial for companies to effectively leverage online surveys.1 Although surveys have many advantages, they also have some drawbacks which, if not addressed, can limit their usefulness. Knowledge of common survey issues and how to address them is crucial for companies to get the most out of their surveys and engage in effective data-driven practices. Below, we discuss some common problems associated with the use of surveys and offer some tips for addressing these issues. COMMON SURVEY ISSUES AND WHY THEY MATTER Nonresponse Bias: Ideally, everyone who is…
Four Strategies to Mitigate Systemic Pay Inequity
This last Friday, June 25th, President Biden signed Executive Order 14035 (Diversity, Equity, Inclusion, and Accessibility in the Federal Workforce) to progress diversity, equity, inclusion, and accessibility processes and procedures in the Federal Government. Among the various directives, the order dedicates a section to advancing pay equity in the federal government. In support of this…
Five Ways to Get the Most Value Out of Your Employee Recognition Program
As we kick-off a new month and look back on the previous month of March, we are reminded of the many activities that took place. March signaled the official beginning of Spring, initiated office rivalries during March Madness, and was home to the iconic St. Patrick’s Day. But did you know the first Friday in…