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DEALERSTRON G Harlene Doane, COO Developing Your Talent Pool: Planning for Your Business Future
31

How to Develop Your Talent Pool

Jan 15, 2017

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Page 1: How to Develop Your Talent Pool

DEALERSTRONGHarlene Doane, COO

Developing Your Talent

Pool:Planning for Your Business Future

Page 2: How to Develop Your Talent Pool

Who believes

they have a talent

problem?

Page 3: How to Develop Your Talent Pool

Who believes they are in the Car Business?

Page 4: How to Develop Your Talent Pool

Developing Your Talent Pool:Planning for Your Business Future

Page 5: How to Develop Your Talent Pool

The Workforce is Shifting Rapidly

Page 6: How to Develop Your Talent Pool
Page 7: How to Develop Your Talent Pool
Page 8: How to Develop Your Talent Pool

Which factors most influenced your decision to accept your current position?

Opportunity for personal development

Reputation of the organization (36%)Starting salary (21%)Working hours and leave allowances (9%)

Page 9: How to Develop Your Talent Pool

Which three benefits would you most value from an employer?

Training and Development – 22%Flexible working hours – 19%Cash Bonuses – 14%

Page 10: How to Develop Your Talent Pool

There just isn’t a talent pool in my market.

Page 11: How to Develop Your Talent Pool
Page 12: How to Develop Your Talent Pool

What Separates These Two?

1.Training / Development

2. Practice

Page 13: How to Develop Your Talent Pool

How to Train Your Swimmers (Talent)

1. Provide Exploration Opportunities2. Set Expectations3. Teach the Basics First4. Build Confidence/Reward

Performance5. Practice to Refine Skills

Page 14: How to Develop Your Talent Pool

1. Water Exploration

If they aren’t comfortable in water, you can’t teach them to swim.

Page 15: How to Develop Your Talent Pool
Page 16: How to Develop Your Talent Pool

1. Auto Exploration

Career DayAllow prospects to explore your dealership and opportunities

Page 17: How to Develop Your Talent Pool

2. Set Expectations

If swimming was to become your full time job, would you want it to be enjoyable?

Page 18: How to Develop Your Talent Pool

2. Set Expectations

If automotive sales was to become your full time job, would you want it to be

enjoyable?

Page 19: How to Develop Your Talent Pool

Pre-Boarding Properly

2. Set Expectations

Page 20: How to Develop Your Talent Pool

Onboard Consistently

Provide Training Opportunities

2. Set Expectations

Page 21: How to Develop Your Talent Pool

3. Teach the Basics First

ArmsLegsBreathing

Page 22: How to Develop Your Talent Pool

3. Teach the Basics FirstWhat to SayHow to Say ItHow to Present ThemselvesHow to Present Vehicle

Page 23: How to Develop Your Talent Pool

4. Build Confidence/Provide Feedback

Set Small Attainable GoalsAcknowledge ProgressFeedback

Page 24: How to Develop Your Talent Pool

4. Build Confidence/Provide Feedback

Praise – general, no specific

Susie you are so talented!

Great job on the month Joe!

No depth, no action, no motivation to improve.

Page 25: How to Develop Your Talent Pool

4. Build Confidence/Provide Feedback

Feedback – specific, issue focused

Susie your efforts on ensuring that all accounts payable are entered on time has helped us shave 3 days off our parts reconciliation process. Thank you

Page 26: How to Develop Your Talent Pool

4. Build Confidence/Provide Feedback

Feedback – specific, issue focused

Joe, last month, was great due to the increase in gross profit per unit you and your team produced. Keep it up!

Page 27: How to Develop Your Talent Pool

4. Build Confidence/Provide Feedback

Set Small Attainable GoalsAcknowledge ProgressFeedbackBuild Confidence ContinuallyReward Performance

Page 28: How to Develop Your Talent Pool

5. Practice to Refine Skills

Daily Instruction

Daily Practice (Role Play)

Reflection Time

Peer/Social Interaction

Continual Coaching/Mentoring

Page 29: How to Develop Your Talent Pool

How to Train Your Swimmers (Talent)

1. Provide Exploration Opportunities2. Set Expectations3. Teach the Basics First4. Build Confidence/Reward

Performance5. Practice to Refine Skills

Page 30: How to Develop Your Talent Pool

If You Want the Best Talent in Your Pool

Train the Best Swimmers

Page 31: How to Develop Your Talent Pool

Thank You.

For More Information:

Visit http://www.dealerstrong.com/ Call our office @ 877-811-8107