6 B's: build, buy, borrow, bounce, balance, bind and OD
Buy
Definition: Hiring in new talent from outside of your organization
Requirements:
The ability to identify, attract and secure the best talent within the external market
A strong internal talent development system
Challenges:
Difficulty in finding individuals in the external market who have the specialized skills
needed for many manufacturing roles
Risks:
40% of talent that is imported from the external market fail within 18 months, affecting
morale and career progression abilities (HCI)
Guidelines:
Turn to the external market if the candidates’ skills would be 25 to 35% better those of
your current employees or if you need an infusion of talent (HCI)
Build
Definition: Developing talent within the organization
Requirements:
A strong internal talent development system to increase skills and capabilities of your
employees
Challenges:
Securing the investment needed for training and development resources
Risks:
Long lead time until the employee is fully proficient and productive
Guidelines:
Utilizing a 70/20/10 model when approaching development measures (discussed further
in Chapter 5)
Borrow
Definition: Obtaining outside talent through consulting, outsourcing or contingent labor to access
skills and ideas needed
Requirements:
A trusted network of partners
An assessment of which skills should be borrowed instead of housed internally
Challenges:
Effectively managing projects with managed talent
Source: HCI and David Ulrich.
URL: http://www.hci.org/lib/action-planning-6bs-and-od-close-gaps
Being able to transfer knowledge internally to have a return on your investment
Risks:
Reduction in quality
Becoming too dependence on partners
Guidelines:
Make this decision strategically rather than reactively
Bind
Definition: Retaining your critical employees
Requirements:
Knowledge of what roles are critical in the organization,
Identification of who are high performers in those roles and/or those that have high-
potential for those positions
Challenges:
Being able to accurately assess and identify the talent within your business
Understanding how to effectively engage these employees and being able to act upon
those needs
Risks:
Good employees will leave if you do not effectively challenge or recognize them
Guidelines:
Be proactive and focused on engagement, especially with your talent
Do not wait until these employees are already dissatisfied
Bounce
Definition: Removing your bottom performers, eliminating unproductive roles, or re-skilling
employees with “old” skill sets
Requirements:
Clear and understood performance expectations
Having a flexible exit strategy if possible
Providing opportunities which will effectively re-skill those employees you want to retain
Challenges:
Keeping engagement and morale up with those employees that remain
Risks:
Unintended departures
Diminished skill sets
Guidelines:
Carefully and respectfully manage the reductions in force process and communication
Reallocate resources effectively
Source: HCI and David Ulrich.
URL: http://www.hci.org/lib/action-planning-6bs-and-od-close-gaps
Organizational Design (OD)
Definition: Designing systems and structures that will reduce barriers to allow for improved
performance
Requirements:
Develop profiles for needed roles and responsibilities
Map out the most effective reporting relationships
Identify targeted behaviors and how structure, workflows and incentives support these
behaviors
Challenges:
Identifying barriers to performance and removing those hurdles
Risks:
Reorganization alone will not solve deep issues, cultural issues should also be addressed
Guidelines:
Explore structures and changes that would not be major reorganizations
Ensure that the appropriate behaviors are being encouraged through your incentive and
recognition programs
Balance
Definition: Developing an appropriate combination and balance of all other approaches
Requirements:
Input from the workforce planning process and the other Bs and OD
Several strategic scenarios to model the future
Challenges:
Difficulty in predicting future influences in order to adjust scenarios
Risks:
Unpredicted circumstances affecting your success
Guidelines:
Develop different case scenarios which each contain varying internal and external factors
Source: HCI and David Ulrich.
URL: http://www.hci.org/lib/action-planning-6bs-and-od-close-gaps
