SPEC Kit 344: Talent Management (November 2014)
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SPEC Kit 344: Talent Management · 9 EXECUTIVE SUMMARY Introduction Talent management is defined as “an integrated set of processes, programs, and cultural norms in an organization designed and implemented to attract, develop, deploy, and retain talent to achieve strategic objectives and meet future business needs” (Silzer and Dowell 2010, p. 18) and is considered to be most ef- fective when an organization develops a commitment to nurturing talent in order to meet organizational objectives (Silzer and Dowell 2010). However, accord- ing to the ASHE Higher Education report “Creating a Tipping Point: Strategic Human Resources in Higher Education,” there is “little formal programming in higher education that currently supports strategic talent management practices [and] as a result, univer- sities lag behind industry in the development of prac- tices to develop and retain talent” (ASHE 2012, p. 46). A lack of commitment within higher education to the talent management planning strategies needed to attract, develop, and retain talent is problematic for the community as a whole, but when one con- siders the changing landscape of research libraries within higher education, their increasing need for new, complex, and technology-driven skills sets, and the impending reshaping of the workforce, the situ- ation becomes more critical. The American Library Association estimates that by 2015, 30% of librarians will be over the age of 60, with the majority of these librarians retiring between 2015 and 2025 (Davis 2009). ARL has seen significant leadership change since 2005 with 103 of its 125 member libraries experiencing a change in executive leadership (e.g., directors, deans, university librarians) this represents an 82% turnover rate. And this trend only seems to be accelerating since 2013 there has been an almost 26% turnover of executive leadership in member libraries, with re- cruitments for 32 new leaders during that period. Although a large number of librarians are project- ed to retire in the next decade, and executive library leadership is already retiring at a high rate, workforce demographics thankfully show that the number of younger librarians is increasing and library school enrollments are surging (Davis 2009). Since the library workforce will have both librarians new to the field as well as a large number of librarians retiring and nearing retirement, research libraries need to actively manage their talent and strategically develop their workforce in order to successfully recruit and retain new librarians while ensuring that the vacancies left by librarians retiring from the profession are filled by competent, experienced professionals. This survey investigated which talent manage- ment strategies ARL libraries are deploying to manage and develop their organization’s workforce. The talent management areas explored in the survey include talent strategy, recruitment and hiring, retention, em- ployee engagement, job classification management, compensation management, performance assessment, competencies, professional development planning, and leadership and succession planning. The survey was distributed to the 125 ARL member libraries in July 2014, and 53 libraries, or 42%, responded to the survey by the August 4, 2014 deadline. Forty-nine libraries responded to the question re- garding union status. Of these, 53% (26 responses) are unionized, and 47% (23 responses) are not. At 19 of 43 responding libraries (44%) librarians have fac- ulty status, and at 24 (56%) they have parallel status. Additionally, at 19 of 42 responding libraries (45%) librarians are eligible for tenure, at 16 (38%) they have