Craig Engstrom, Ph.D.'s Courses and Research
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Daily Study Notes:
​8-Week Journey to the CPTD Certification

The PLan
​
​Building Personal Capability
20% of the exam; From 6/22 to 7/3

Developing Professional Capability
45% of the exam; from 7/4 to 7/28

Impacting Organizational Capability
35% of the exam, 7/28 to 8/14
Start at Beginning

Day 33: First Day on Impacting Organizational Capability

7/28/2020

Comments

 
Impacting Organizational Capability
Today I am studying:

3.1.A Skill in creating business cases for talent development initiatives using economic, financial, and organizational data.

The key takeaway from the TDBoK is a communication strategy that effectively creates buy-in.
A business case may be part of a communication strategy. 

Effective Communication entails:
  • 6 C's of communication: Clear, correct, complete, concise, coherent, courteous
  • The skills in designing and implementing communication strategy to drive talent management decisions
    • Determine the critical information and data
    • Determine the audience
    • Identify methods available
    • Identify a timeline
    • Create a communication plan
    • Engage stakeholder review
Creating a business case requires five steps:
  1. Examine the organizations strategic priorities
  2. Identify possible solutions (quantify the benefits and forecast the results)
  3. Analyze and compare all solutions
  4. Select the best solution and determine the details requires to make the recommendations
  5. Describe the implementation plan

How to present business case (similar to report)
  • Exec summary
  • Current situation
  • Initiative description
  • Environment analysis
  • Business and operational impact
  • Preliminary risk assessment
  • Cost/benefit analysis
  • Implementation timeline
Business case requires insights:
  • Business insight, according to the Talent Development Body of Knowledge, is the understanding of key factors impacting a business, including how it accomplishes its mission, how it makes and spends money, how it influences its industry or market, how strategic decisions are made, factors affecting growth, and its internal processes and workflows (source: https://www.td.org/insights/business-insight-is-a-vital-capability-for-td-professionals)
  • Analysis might include PEST or SWOT analysis

Useful Articles

Big Skill: Cost Benefit Analysis (source: https://www.td.org/insights/big-skill-cost-benefit-analysis)

Relevant questions to be considered are,
  • How much will it cost?
  • How much of the possible benefit will be realized?
  • What is the range of possible costs, and what makes the costs increase or decrease?
  • At what cost will it no longer be worth it?
  • How will we know, once we are into it, when to back off or when to "stay the course"?
  • What other things could we do with the resources that might be better?
​
Consider cost/benefit across multiple categories:
http://learningcircuits.blogspot.com/2005/12/simword-of-day-primary.html

Business Insight Is a Vital Capability for TD Professionals​
​https://www.td.org/insights/business-insight-is-a-vital-capability-for-td-professionals

Example of business case from D&I (article: https://www.td.org/insights/diversity-inclusion-making-the-business-case)
https://d19d5sz0wkl0lu.cloudfront.net/dims4/default/555841f/2147483647/resize/800x%3E/quality/90/?url=https%3A%2F%2Fatd-brightspot.s3.amazonaws.com%2Fblog2.JPG
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    Author

    Hi. I am Craig Engstrom, I am posting some daily study notes as I cover each of the capabilities covered in the new Association for Talent Development's CPTD certification exam.

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  • Home
    • Why I love D2L
  • Courses
    • CPTD Exam Prep
    • SIUC - Sp 2021 Courses
    • CMST 390/490 - Applied Communication
    • Online/Hybrid Courses >
      • CMST 101: Public Speaking
    • Course Policies (Syllabus) >
      • Writing
    • Courses Archive >
      • COM 213: Public Speaking
      • COM 220: Intro to Org Comm
      • CMST 380 Intro to Leadership and Org Comm
      • CMST 411 - Rhetorical Criticism
      • CMST 480: Biz & Org Comm Cases
      • CMST 493-19: International Films
      • CMST 480: Dynamics of Org Comm (SIUC)
      • CMST 483: Adv. Business & Org Comm
      • CMST 484: Social Media >
        • Sample SoMe Plans
        • Graduate Readings
      • COM 315: Intercultural Comm
      • COM 319: Bus and Prof Comm
      • COM 320: Org Comm
      • COM 321: Case Studies in Org Comm
      • COM 353: Intercultural Films
      • COM 490: Comm Training (Capstone)
    • Common Forms >
      • Students > Share Work
      • Students' Kind Words
      • Group Evaluation
      • Leader Evaluation
  • Resources
    • Branding
    • Craig's Video Recommendations
    • Job Hunt Resources
    • Learning Paths >
      • How to Create Vertical Videos in PowerPoint
      • Conflict Seminars: Training Guides
      • Conflict & Negotiation
    • Student Resources >
      • Blog Topics
      • How To Vids
      • Haiku Deck
    • Teaching Resources
    • Career Resources >
      • Resume Resources
      • Leveraging LinkedIn
    • Public Speaking Resources >
      • Public Speaking Resources
      • Sample Ignite Talks
      • Infographics
    • CMST Projects >
      • My Communication Story
      • Comm Posters
      • CMST Templates
    • SIU Scholarships
  • CV/Research
    • Podcasts >
      • Podcast D.J. Jeffries
      • Podcast Drew Swithin
      • Podcast Kaci Huelsman
      • Do a Podcast!
    • Communication Teacher Article
    • Journals
  • Internships/Jobs
    • CMST Internships for Credit
  • Blog/Vids
    • Blog
    • YouTube Channel
    • Webinars >
      • Past Streams - 2021
  • Contact
  • April7