The gap between what companies want from their chief HR officer (CHRO) and what they believe their CHRO delivers is striking. Based on 362 companies surveyed by Harvard Business Review (full report here)...
A Talent Development Wakeup Call from ByteDance
February 4, 2022
TikTok's owner, ByteDance, dissolved their entire Talent Development team, and the internal memo is a wakeup call to TD leaders.
They said the Talent Development team’s work had “limited practical value” and represented a “disconnect” from the company’s needs, even though "Talent Development is still very much a priority for us and our employees.” They went on to call out that "Some respondents mentioned that employees believed such inititiaves to be 'personally helpful', but candidly speaking, these are more like 'feel good' initiatives that are self-indulging and 'doing things for the sake of doing things', where the actual value is limited and questionable."
Regardless of what you think of ByteDance's decision and how they executed on it, one thing is clear: delivering 'feel good' programs is not enough. Outcomes come first. Now that doesn't mean that all development has to be focused on bottom-line metrics. Instead, the development outcomes must align with the company goals---whether that's growth or inclusion or wellbeing.
How does your Talent Development strategy map to key business objectives? Get started by downloading our free Talent Development Strategy Playbook.
Talent Development Strategy Playbook
A guide to aligning your Development Plan with business prioritiesDownload