Illustration: Studio Fee Overbeeke
When you ask CEO’s and CHRO’s what their key priorities are for the coming year, talent management always is one of the issues high on the list. Talent management is an easy and safe choice. Nobody will argue that talent management is not important. Supervisory Boards love to talk about succession and talent management. Talent management is generally seen as something long-term. When you hear terms as “strategic”, “long-term”, “future” and “investment”, you must be careful. For talent management this means: it is important, but not urgent. For the CEO, it means: I have ticked the box, but now HR can deal with it. Of course, I will visit the final session of the senior management program, of course, I will personally mentor one or two high potentials, but please, do not bother me too much about talent management, I have more urgent matters on my plate. A big challenge for organisations is to make talent management urgent, and to make it a priority of today, not of the future.
Elon Musk famously said: “If something is important enough you should try, even if the probable outcome is failure.” In today’s VUCA world, there are hardly any guarantees anymore. Just as Whatsapp and other messaging services have bitten out billions from large established Telecom companies’ revenues, established businesses and sure-fire branches are under threat every day. If it’s not the curly haired guys in a garage, it may be an advertising fiasco, a new regulation, changing technologies, and even ageing population.
Photo: Stephanie Cherrin
Interview with Stephanie Cherrin, Investment and Program Manager for hub:raum Tel Aviv (Deutsche Telekom AG)
Tel Aviv has an impressive start-up scene: new businesses seem to shoot up like mushrooms. Around 1,000 of the total 3,400 start-ups in Israel are located in Tel Aviv – one start-up per 431 inhabitants (as at 2015). So Israel’s boom town is an interesting “innovation playground” for several international companies. One of them is Deutsche Telekom. We talked to Stephanie Cherrin, Investment and Program Manager for hub:raum, a kind of start-up network of the telecommunications company. She explains why Tel Aviv is a paradise for entrepreneurs and how established enterprises can profit from a cooperation with (Israeli) start-ups. >>MORE>>