Context for Talent Management
Localization is a constantly evolving industry and what works right now may not work five years from now. Given this landscape, how Language Service Providers (LSP) are able to adapt to the potential changes will largely depend on the talent at their disposal. LSPs that continue to rely on the same talent for all projects will be less prepared to handle a more responsive localization process. Furthermore, there’s no guarantee that the same talent pool is capable of adapting to the developments in the industry. The flip side to this is that there are several costs to on boarding new talent, so there may be a tendency to adhere to the “if it ain’t broke, don’t fix it” mindset. From the perspective of an LSP that has a smaller budget and not intent on expanding, this makes sense. However, LSPs aiming to change their culture, reduce talent mismanagement, and diversify their talent pool, should consider creating a Talent Management Office (TMO).
In order to get this process started I recommend answering the following questions found within the book titled “Vendor Management” written by Agostino Carrideo:
- What are the current challenges with vendor relationships?
- Who performs vendor risk and performance reviews?
- Who sets up vendors in the company’s database or servicing?
- How does each line of business handle vendors?
Succinctly answering these questions will shed light on whether or not establishing a TMO is a worthy investment.
Core Function of the Talent Management Office
One of the most crucial parts of any new project taken on by an LSP is the deadline, so it only makes sense that when a project manager (PM) receives a new project, he or she aims to start it ASAP. How does the PM manage this? Most likely they give a new project to a preferred vendor, as they know their working style and can trust them. On the one hand this allows projects to begin promptly, however, on the other, the growth of the LSP’s client pool will stagnate. This could prove to have significant consequences if the LSP tries to take on projects that are bigger or require greater specialization.
Having a talent manager would allow the PM to focus solely on projects while also creating a position dedicated to fulfilling the demand of increasing language needs. The person who takes up this position also needs to qualified; they will be navigating the risks inherent in recruiting in an online environment, including translator scammers and inexperienced providers misrepresenting their capabilities. The essential duties of the talent manager may include the following:
- Recruit in new and existing language pairs as necessary through translator directories, including the ATA directory, Proz, and regional translation association directories, identifying partners that meet minimum talent requirements
- Collect documentation to verify that translators meet minimum talent requirements, and verify translator contact information
- Maintain LSP’s master rolodex of global translation partners with up-to-date information on translation providers, their location, experience, rates, technology, etc. as collected in required documentation; record continuing education efforts
- Pass translators who meet minimum talent requirements through testing, including internal and native-language reviews
- Review translation test deliverables for completeness, accuracy, consistency and stylistics, and put steps in place to correct any non-conforming product
- Maintain LSP’s talent testing tracker and the list of approved translation talent with up-to-date information on testing status of partners; maintain LSP’s approved providers chart with up-to-date information on approved translators
- Negotiate on rates, payment terms, etc.
- Train new providers in LSP processes and technology, and transition providers to new processes/technology as necessary
As made apparent by this list, in order to create long-lasting relationships with a global network of highly-qualified translators, talent managers need excellent communication and negotiation skills.
To Build or Not to Build
Is building a TMO necessary? Answering this question depends on the type of LSP you’re aiming to become. There’s no doubt that implementing a TMO will help in the five following areas:
- Safeguard your company’s reputation
- Lower risks
- Increase efficiency
- Reduce future costs as company grow
- Create and strengthen talent-company relationship
Talent is essential to any LSPs success and managing the talent efficiently requires strategic planning. If establishing and running a TMO wasn’t such a complex process involving various moving parts, it would be standard practice. Ultimately, there may be a strong case for devoting specific resources to a TMO as the volume of talent, contracts, projects, languages and potentially geographical coverage expand.