The problems that TalEction wants to address are related to dimensioning, hiring, change, restructuring and development of businesses both at the organizational and individual levels. In the future, it will be more important than ever to engage employees by letting them become a driving force of the processes, facilitated by leaders.
The world is overflooded with standard products and services that are not tailored to individuals nor particularly effective in use. It is essential for companies to focus much more on adding true differentiating value (qualities) to products and services – this will make them more useful to individuals.
If consumers find the “improved” product or service more valuable and/or at a lower price – they will “run to buy”. Therefore, it is more important for companies in the future to build capabilities, have a high rate of innovation and have a good grasp on trends and market shifts.
Consumers are always interested in getting more for their money (price sensitive) and curious about “news” that affects them personally.
Purpose
TalEction helps companies build the future needs for capability and ensure employees positive career development and living standard. This is done by utilizing employees’ talent in a systematic way in order to work smarter and support consumerization of products and services (focus on quality, tailored to individuals and effect of use).
The solution is based on the following 5 principles,
Principle 1: Learning Organization
To enact the learning organization concept, TalEction utilizes learning objectives, tests, and neuroscience games to assess skills and connect job profiles with person profiles using AI. This allows for data aggregation from individual to organizational levels, providing a comprehensive overview of a company’s innovation capacity and monitoring progress and alignment throughout all levels of the organization. TalEction introduces new KPIs alongside existing financial ones, advancing balanced goal management to the next level.
Principle 2: Leadership and Change
Employees possess valuable knowledge and skills often overlooked by traditional management. Effective leadership unleashes this talent by inspiring and engaging individuals, teams, and organizations. TalEction’s Virtual Digital Leadership Assistant (VLA) supports this process by enhancing awareness and fostering innovation. Change Leadership prioritizes significant structural changes aligned with human performance indicators. Technology constantly reshapes norms, necessitating adaptable strategies. TalEction employs scenario thinking to navigate uncertainties and drive innovation. Can our long-term strategy adapt? Embracing change leadership and scenario thinking empowers companies to drive innovation effectively.
Principle 3: System Thinking
Hierarchical structures have led managers to look after their own interests, even if this should be at the expense of the company’s interests. This dysfunction is an obstacle to creating efficient value chains and building efficient ecosystems. Companies that do not address these barriers will not be able to meet consumer needs in the future. The complexity of the value chain will simply be unmanageable. TalEction enables businesses to remove dysfunction and adapt the organization to frequent changes in needs based on a holistic approach. Dysfunctionality is estimated to add 40-60% higher costs than necessary to the accounts, if efficiency is used as a basis for the calculations. The difference can be seen as what mistrust is about to cost companies.
Principle 4: AI and Platform
In the future, working with knowledge and evidence will be crucial. Platforms and AI streamline analysis and evaluation, making them cost-effective. This also enhances the precision and objectivity of development, training, rightsizing, recruitment, and career advice. TalEction consolidates everything onto one platform, offering over 50 tests, games, and tools for comprehensive analysis. Customers have full access to data for both traditional and AI-driven analysis. The platform is self-service, with employees and managers managing personal and job profiles respectively, while ensuring GDPR compliance. This empowers leaders and employees to drive their own development actively. Data can be aggregated from individual to organizational levels, allowing for specific or anonymous insights to support individual or strategic initiatives.
Principle 5: Digital Twins
Businesses, including employees, are undergoing digitization, fostering a digital culture. Digital twins represent humans, teams, and organizations, integrating work processes to produce smart products and services. All future products and services will be “intelligent,” utilizing embedded technologies or associated digital services for efficient consumer use. TalEction’s digital twins ensure optimal decision-making based on data, enhancing decision quality. While many companies focus on digital twins for physical objects and processes, human digital twins are often overlooked. Without integrating employees into this digital network, companies risk stagnating in infrastructure without cultivating a true digital culture.
