Strategic Talent Management Review

Navient works with its clients to develop a customized approach to the review. The process can be comprehensive or focused on a particular business unit, business process or talent pool. The initial analysis can be used to answer broad questions around the human capital practices that affect shareholder value or it can be focused on a specific business problem. In all cases the assessment identifies the talent requirements to execute on the business strategy, as well as the organizational strategies and systems necessary for implementation and opportunities for improvement.

The Strategic Talent Management Review provides senior management with an evaluation and in-depth understanding of the linkages between an organization’s human capital practices and its business objectives. It engages senior managers in a disciplined process for considering human capital issues within an organization’s unique business context. The review identifies the contribution of critical talent pools to the business, and uses direct input from a wide range of leaders and other key employees in an organization.

The Strategic Talent Management Review process helps identify potential human capital risks or talent gaps from a business perspective. The review develops a consistent and cohesive framework for differential human capital decision making, provides new ways of thinking about human capital investments and generates a systematic basis for setting priorities for change in its people processes around acquisition, selection, performance management, development and succession planning

The Strategic Talent Management Review provides a report that summarizes:

• Current and future talent requirements to support the strategy

• The key elements of the organization’s human capital strategy

• Potential misalignments between organization strategy and human capital systems

• Recommended steps to diagnose and improve alignment.