Newell Talent - newell talent

TAKING STRATEGIC
TALENT MANAGEMENT
TO THE NEXT LEVEL

Newell Talent is fully committed to pioneering research and development of solutions for strategic talent management in law firms. It is named after the researcher Allen Newell (1927-1992), for his outbreaking contribution linking computer science and cognitive psychology.

Newell Talent follows his footsteps and bridges psychology, data science and technology supported by AI to offer a range of services from consultancy to software embedding agile dashboards that support strategic talent management in law firms.

Newell results from 12+ years of innovative and awarded research on PSF, linking psychology, talent management, mathematics and AI fields.

Newell answers to PSF ever-changing challenges and competitive environment.

Newell is a user friendly tool displaying dashboards at individual and group basis.

THE PROBLEM

HOW TO GET

TALENT MANAGEMENT RIGHT?

Talent management is the key differentiator for meeting 21st century challenges, as firms move from a client- and profit-centric approach to people-centric sustainable models.

Since the pandemic and given how quickly technology evolves, the daily activities are often radically different that those of a few years ago. Law firms need to do better in managing people’s talent, expectations and careers strategically, for future-proofing the firm.

Most talent management solutions in place are mainly based on appraisals or one-snapshot assessments as main sources of data for careers, compensation and succession decision-making. Agile, real-time insights of talent are frequently lacking.

Law firms must create and nurture a diverse talented pool to assure readiness to deal with unprecedent fast-changing markets.

Instead of broadening the competencies lawyers should master, managing their talents in a collaborative way may provide answers to balance business success with fulfilling careers, wellbeing and inclusion.

THE OPPORTUNITY

FORWARD LOOKING DATA USE

Most PSF have untapped and seldomly used HR data available in siloes/software for separate use in administrative, recruitment, appraisals, training and reporting processes.

Most HR software combines data but does not build dynamic scenarios combining all existing data to provide talent forecasting.

And where predictive software tools exist, they mostly rely on standard products not tailored to PSF’ very specific HR challenges.

By combining sophisticated, data-driven, forward looking tools with existing data, Newell applies the 7 Insights unveiled by established research into AI processes for forecasting talent and providing key people indicators with a wide impact in PSF operations.

The solution

NEWELL TALENT SOFTWARE

One-stop-shop dashboards to visualize, analyze, reload and guide strategic talent decisions in an agile and quick way.

A robust combination of algorithms, drawing from the firm database, assessments and 360 feedback, tracks bio/workforce data, appraisals and KPI to deliver a reliable tailor-made, user friendly and agile web-based set of dashboards.

By using a robust combination of explainable algorithms, Newell provides a set of reliable, personalized, easy-to-use and agile web- based dashboards.

THE BENEFITS

ENABLES A DATA-DRIVEN, COLLABORATIVE
AND INNOVATIVE CULTURE

One-stop shop for talent management
Breaking down siloed data
Full control over firm’s real time talent
Competency-gap identification for future-proofing
Tracking competencies, teams and individuals on a click
Easy access to information
User-friendly interface adapted to different needs from different users: e.g. partners and HR
Kaleidoscopic views: from high level to each one’s talents
Less time and effort in process management
Trends and opportunities untaped
Biases identification for increased fairness

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