Your contribution can guide someone’s learning journey. Share your
documents today.
ASSIGNMENT 2 FRONT SHEET QualificationBTEC Level 5 HND Diploma in Business Unit number and titleUnit 11: Research Project Submission date29/12Date Received 1stsubmission Re-submission DateDate Received 2ndsubmission Student NameLe Duc HuyStudent IDGBD1845 ClassGBD0704Assessor nameVan Hung Student declaration I certify that the assignment submission is entirely my own work and I fully understand the consequences of p that making a false declaration is a form of malpractice. Student’s signaturehuy Grading grid P3P4P5P6P7M2M3M4D2
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
4 I.Introduction Talent management is a comprehensive strategy for recruiting, training, employing and maintaining good employees in the business. Talents are good people, with outstanding potential in an organization, an enterprise, a field of business. ( Dooher & Marting, 1957 )Organizations need to invest in proper utilization of the talent for the advantage of the organization. In other words, organizations need to “Manage Talent”. According to TS. John Sullivan 2019, in the top 4 of the world's leading accounting and auditing companies including Ernst & Young, KPMG, Deloitte, PwC, whichever company has more effective talent management, the revenue is higher than the rest. 18%. He also found that the senior personnel also bring added value to the business. For every 1% of talented employees, they bring 10% of total revenue for the business, which is 10 times more than the average employee. And, the top 5% of employees bring 26% of total revenue, which is nearly 5 times the average employee. The added value of talented personnel has many times changed compared to the value of the average employee. The reason is: Firstly, with the rapid development of digital technology and artificial intelligence repetitive, non-creative jobs will easily be replaced by "robotic process automation". Robot process automation is a comprehensive term used to define a set of technologies that organizations can use to automate both business and operational processes. ( Robert E.Lewis, Robert J.Heckman ,2016 ) Second, cloud computing and the internet allow customers to find the best service and price without being restricted by carriers located in different countries. This also results in the loss of advantages in products and services due to rapid replication. Thus, businesses will always have to be creative if they want to thrive. And only talented labor can create this value, so businesses will have to focus on this source of labor. However, how to recruit highly qualified workers and "retain" them is also a difficult problem, especially when advancement in information technology can allow them to work remotely - recruiting global. Specifically, the issue related to Vietnam's aviation industry will be studied in this research paper. Specifically, Vietjet Air in Da Nang, the participants are the officers and employees specializing in operating and working in many departments of this company. Even so, engineers from all over the world are mostly Vietnamese. Moreover, Vietjet Air is also a great English-speaking environment for cultures to exchange and build a vibrant community. This distribution is made because in Vietnam, Vietjet Air's cultural diversity is very high and recommendations should be made to prevent future clashes and maintain a comfortable working atmosphere. roof has been done. A wide range of variables has not been thoroughly studied regarding the diversity of work cultures. Then, on the basis of theoretical and philosophical structure, arguments will be written in Vietnam to choose the method. In response to the requirement of the study Managing cultural diversity in the workplace through a combination of theory and empirical methods, this study will therefore give a different perspective on the topic. this. And research methodology room. Many scholars have been interested in this topic, and various assumptions have been made, but they are unable to provide an accurate analysis of the diversity of cultures. ( Robert E.Lewis, Robert J.Heckman ,2016 )
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
5 The main objective of this study is to use the analysis of Vietjet Air In Da Nang to provide managers with a better understanding of how cultural diversity is present in the HR department. For one thing, this research could help managers facing problems find approaches or ways to promote cultural diversity. This assessment may be influenced by a number of external and internal considerations. It allows in-depth managers to consider how processes and causes ultimately affect their final decision. This research can be very important for those interested in discussing more of these topics. Analysis shows that the problems have been identified, the various factors and solutions for managers and employees are assessed. The three main questions used for this study can be considered as follows: 1) What are relationship between independent variables and successful talent management ? 2) What is the importance of talent development and the implementation of future plans affect the way talent is managed ? This investigation will be about cultural diversity in the working environment, of Vietjet Air in Da Nang. However, this study does not guarantee the most accurate accuracy because it is located in a company with a small number of employees, so some of the details in the study will not be strong. Furthermore, the study was conducted over a two-month period, from November 12, 2020 to December 31, 2020. As there is such a brief amount of time, it is not feasible for the inquiry to cover and show that the conclusion is right. The findings can however differ, and this analysis will be split into many sections. The first is about the interpretation of the thesis, including the basis, reasons for selecting the topic, priorities, research questions, scope, significance and methodology. Subsequently, all of the terms and Greek relevant to the management of cultural diversity and concub variables will be clarified in a literature review. Last but not least, research would be used in order to recognize factors affecting the management of cultural diversity as real or incorrect and draw fair conclusions in the end. This research is intended to provide a clearer understanding of how to handle cultural diversity of their businesses to managers in the organisation. Not only that, but analysis also lets students learn how to perform surveys and recommend responses to topics that emerge. Last but not least, in order to explore cultural diversity in the workplace, the research offers information for prospective testers, in this case a small business, Vietjet Air. Data were gathered for further review without the absence of a crucial element in several different fields related to cultural diversity. Finally, it can be used to assess Data Analysis, Regression Analysis and Descriptive Statistics using various approaches. II.LITERATURE REVIEW Conception Although some reasonable definitions of talent management are available, there is still a lack of clarification about what it essentially means (Lewis and Heckman 2006) and a definite description of talent management
6 remains quite tenuous (Hughes &Rog, 2008). Stephenson & Pandit(2008) and several other researchers have suggested that it is essential for talent management to have the right number of people in the right place at the right time with the right skill sets and levels of motivation. Others believe that talent management fully embraces the activities of an organization that attracts, develops, selects and retains (Stahl et al., 2007). Talent management is characterized by CIPD as the coordinated attraction, distribution, growth and retention of high potential workers who are perceived to be a certain asset for the company (CIPD, 2009, p. 2). Talent management is active in all processes of human resource management (HRM) with a particular focus on recruiting, cultivating and retaining talent (Lewis and Heckman, 2006). In another way, it can be claimed that talent management covers nearly all facets of the management of human resources (Stewart & Harte, 2010). Some others define talent management as an agreed and statutory promise to use a consistent, technical and strategic approach to the management of human resources (Hughes &Rog, 2008). Accordingto Ileset al.(2010a) and Capelli (2008), talent management and HRM present a correlated theoretical base with dissimilar analysis. The following graph will illustrate about the factors that put an influence on the managing cultural diversity at workplace, in this case, at Vietjet Air. III.Hypothesis and Research Model Attracting Talents Hypothesis 1 H1:There is a positive relationship between attracting talentsand successful talent management in Vietjet Air The attractiveness to prospective expertise relies on the ideals of the company and how the prospective applicants see the enterprise; it depends on whether the organization holds a high reputation in the new market in which it exists or only struggles to survive. Therefore, one of the most critical and essential challenges that can quickly draw external talents is the employer brand. It is clear that all the talents seek growth and advancement; they cannot find it unless they look for high performance companies, which have good reputation. This issue can be supported by some researcher’s quotes such as: The invention of an attractive employer brand is a critical issue in attracting external talent (Iles et al., 2010a). Recruiting the right people needs proactive HR thinking and Clever entry criteria formulation to pick the right talents (Pruis, 2011). There is a strong link between recruiting external talents and the 'employer image' (Glen, 2007). Some assume that attracting and retaining talents based on the exclusive-people model are the two basic needs of talent management (Iles et al., 2010a). Therefore, the first step that the talent management should focuson is “talent pool”, which can be both internal and external to the organization. Thus, the “employer brand” and “employee segmentation” is to emphasize on attracting talent management (Iles et al., 2010b) (Iles et al., 2010b). Talented people join organizations, which they observe to be attractive and add leverage to themselves (Glen, 2007) (Glen, 2007). Building a superior brand for the company can be very challenging so the firms should be creative to make a high-quality brand and also they need to have commitment to bring the best in the organization. Most of the top firms in the world recruit all the time. They look for talents continuously, it means that they don’t recruit just when a position opens; they recruit when they find a
7 talent. It doesn’t mean that they don’t focus on talent development; they may recruit talents whenever they find them and train within the company for the high positions (Chambers et al., 1998). Deploying Talents Hypothesis 2 H2:There is a positive relationship between deploying talents and successful talent management in Vietjet Air Usually organizations fail to implement strategic plans. Strategy deployment links strategy plans with implementation activities. Thefirst thing that organization needs to do before implementing action is examining the deployment process. In this way, they will be able to examine the feasibility of the deployment process. Therefore, by putting moreattention on the deployment process, organizations areable to implement strategic plans more effectively. Deploying talent management refers to the organization's judgment on talent recruiting, positioning and departure. The decision in these phases is therefore crucial and a skilled boss can make it. Guarino (2007) has launched a "Quick Screen" approach to talent procurement that coincides with key facets of the job and the skills of the applicant. This approach helps top performers to be recognized by organizations (Guarino,2007). Deployment may resemble the restoration of a vehicle. There is no completed product until you have all the parts to complete the vehicle, until you install and repair them in the right place (Williamson, 2011). Consequently, in every organisation, how to deploy talents in a manner that follows corporate priorities and individual growth is a critical decision. SMART target setting or Locke's goal setting can be used by them. SMART refers to a particular, measurable judgment. Locke’s goal setting theory is very famous and frequently used by studies; is refers to specific goals that are more attainable than general goals; difficult goals result in greater effort than do easier goals (Morganand Jardin 2010). Retaining Talents Hypothesis 3 H3: There is a positive relationship between retaining talents and successful talent management in Vietjet Air Because of the economic crisis, employee downsizing and also because of the population figures that suggest that most eligible US managers retire in 2012, one of the crucial issues of current businesses has been the use of techniques that protect organisations from information loss. Generation Y, on the other hand, displays little commitment to its staff and many employees surrender their skills to their headhunting competitors (Whelan &Carcary, 2011). There are many factors related to the acquisition of talent. Hygiene considerations such as profit, salary, position that have a direct impact on career success, for example, while career success and intrinsic benefits indirectly minimize talent loss (Whelan & Carcary, 2011). As stated before, some assume that talent attraction and retention are the two basic needs of talent management (Iles et al., 2010a). As mentioned before, some believe that attracting and retaining talents are the two fundamental necessities of talent management (Iles et al., 2010a). Others say they just need to recruit and grow skills and they don't even pay attention to the issue of retention. These companies invest in talent, but the talent leaves their organisation
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
8 when it is time to reap returns on their investment. They need to consider that their talents are quitting the business and finding a solution. Planning Hypothesis 4 H4: There is a positive relationship between succession planning and successful talent management in Vietjet Air. In succession planning, there are different viewpoints, but nearly all of them have a similar source. Some see it as a succession planning strategy of recruiting the next executive staff. It is a sufficient pool of proper skills for in-house recruiting for other groups. Any succession planning is a "future-proofed solution that helps the company to effectively expand and perform in the future (Hills, 2009). A particular foundation can be found in these three separate interpretations, which is; "have the right people in the right jobs at the right time" (Hills, 2009). Hor et al. claimed that succession planning in the next decade has the potential to become the most basic discipline of all organisations and would be necessary for the future competition of the enterprise. Succession has now been the main focus of Human Resource Management. Hills claimed that succession planning is inexorably a combination of purchasing-hiring and building talents in core skills. While buying talent is extremely costly, its presence is crucial in the currently competitive business demand and is a fast way to get fresh ideas and skills. In other aspects, though the company can save money and boost job promotion and participation within the current workforce by building skills, but less incentive to introduce new ideas and knowledge into the organization (2009). According to various corporate techniques, succession planning has different meanings (Hor et al., 2010). Forecasting future corporate needs, which is entirely separate from replacement planning, is the primary focus of organisations that monitor succession planning. Succession preparationprotectstheinterestsofhumancapitalandassuresorganisations'continuityand accomplishment. Consequently, some organisations describe preparation for succession as “identification and development of future leaders”, the others define it as a logical effort to venture leadership necessities, or to classify a source of high skill and knowledgeable talents. An company should then consider, select and cultivate skills who are the best candidates for the right positions in leadership. So, they don't have to figure out who's next, they have to identify high ability according to the necessary preparation and expertise they need to become a talented manager. They will grow their own skills in this way (Hor et al., 2010). The author has collected data from a sample given by technology-loving students to experiment with the model. From December 15 to December 29, the author applies quantitative analysis in the survey process.
9 IV.Methodology & Data analysis The use of quantitative science allows the author to analyze easily by machine processing (AMOS, SPSS). Process large amounts of data quickly and reliably. Minimize the technology errors that can occur in the data analysis process with human variables. Sample size in Danang of Vietjet Air. The author only surveyed these three universities, because these are the places where, compared to other aviation majors in Da Nang, students with a deeper understanding of the subject are interested. The author believes that the use of survey analysis on the internet is completely compatible with this study. Online surveys save writers time collecting and reviewing material, and with this approach they feel relaxed. For online surveys, this method uses questionnaires in conjunction with Google Format. Consult with Dr. Van Hung Trong, who developed the questionnaire from the previous research and comparison questionnaire. The offline survey will be based on more in-depth research questions for people working in Da Nang. Based on response, the author considers the employee's future interest needs and trends. Therefore, this approach will be useful for this research on talent management and the role of talent orientation and development as it describes a new research area in HRM. College students will receive a survey with questions in five different sections: talent management, Acquisition of talent, talent planning, talent development and deployment. It will process the data. has been analyzed by SPSS and AMOS programs along with multiple test methods (Cronbach's Alpha, EFA, CFA, SEM) to find relevant information for the study. The tables will summarize the results by different groups. To test the research model, it was designed as a questionnaire for data collection. The scores used in the questionnaire are mainly based on the breadth and form of the previous studies. On a seven-point Likers Attraction Deployment Retention Succession Planning Talent Management
10 scale, it examines the composition, strongly disagrees (1) strongly agrees (1) (7). The author obtained 198 responses with a response rate of 86.9 percent from 174 participants. There are 24 responses that have been ignored for lack of authenticity. 74 men and 98 women were among the respondents. Table 1: The descriptive statistics Demographic profile FrequencyPercent (%)Demographic profileFrequencyPercent (%) Gender: Male Female Total 76 98 174 43.7 56.3 100.0 16-19 19-25 25-30 Over 30 Total 18 120 29 7 174 10.3 69.0 16.7 7 100.0 University College HighSchool Graduated Over university Total 127 25 7 15 174 73.0 14.4 4.0 8.6 100 Table 2: The Cronbach’s alpha. TLATDPR Cronbach’s alpha.847.833.810.845.825 The table above shows that the alpha coefficient of the cultured diversity for the three questions is more than 0.6. All Correction Items (question) Total Conscious Correlation is 0.847, 0.833, 0.810, 0.845, 0.825 greater than 0.6. Final. Therefore, the three questions of talent management influenced by attraction, innovation and implementation planning are acceptable to measure talent management. All factor loads were above the 0.5 threshold. As shown in Table 4, Cronbach's alpha values range from 0.810 to 0.847, with 5 search concepts: TL (Talent Management), AT (Attraction), D (Deployment), P (Plan), R (Innovation) is internally consistent reliability satisfaction after refinement. Table 3:The Exploratory Factor Analysis (EFA).
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
12 Extraction Method: Principal Component Analysis. Rotation Method: Varimax with Kaiser Normalization. a. Rotation converged in 7 iterations. Based on Table 5, a exploratory factor analysis (EFA) was performed with the aim of reducing and grouping the Variable items. The basic factors obtained from EFA factor analysis belong to the interdependence techniques group, that is, there are no dependent variables and independent variables but it is based on the correlation between the variables. interrelationships. EFA is used to reduce a set of k observations into a set F (F <k) of more significant factors. The basis of this reduction is based on linear relationships of factors with primitive variables (observed variables). The authors Mayers, L.S., Gamst, G., Guarino A.J. (2000) mentioned that: In factor analysis, the method of extracting Pricipal Components Analysis together with Varimax rotation is the most commonly used method. According to Hair & CTg (1998, 111), Factor loading (factor load coefficient or factor weight) is the criterion to ensure the practical significance of EFA. Using the varimax rotation, the latent root criterion 1.0 is used to include the factor, and the factor load 0.50 is used as the criterion for including items in an element. Then, these aggregate factors are considered as indicators for measuring a structure. This process can help reduce themulticorecorrelationorvariance,errorbetweenindicatorsintheassertfactoranalysisofthe measurement model. Such errors should be avoided as much as possible in structural equation modeling processes (Bollen, 1989). In addition, the factors in the Exploratory Factor Analysis gathered into 5 groups TL, AT, R, P, D corresponding to values above 0.5. Section P4 is deleted to meet the requirements of the EFA test. Table 4:Model fit indices Model fit indiceCmin/dfCFIGFIAGFIRMSEATLI Recommended value <3>.8>.7>.7<.08>.8 Obtaine1.703.929.862.822.064.916 To estimate the suitability of the measurement model, 6 metrics compatible with the common model are used in Table 6: (1) chi-square/degree of freedom (v2/df), (2) index comparative conformity (CFI), (3) goodness conformity index (GFI), (4) modified conformity index (GFI), (5) square root mean approximate error (RMSEA), (6) Tucker Lewis Index (TLI), as seen in Table 4, all measures are shown (Hair et al., 1998). Therefore, we can conclude that the measurement model fits well with the data collected. Table 4 also displays the typical model conformance indices, the suggested values and the findings of the structural model suitability evaluation. A well-matched trend is illustrated by comparing all the parameters matching their respective proposed values
13 (Hair et al., 2010). In addition, there are a number of things that are removed according to the 5 variables in the sample to increase the value of 6 measures that are compatible with the common model to satisfy the condition given in Table 6. Table5:Themeasurementmodel TLRPATD CR0.8500.8470.7990.8440.887 AVE0.5330.5250.5000.5790.723 In Table 7, things that are pointers of a specific structure ought to combine or share a high proportion of fluctuation, called assembly esteems. A few markers to test union legitimacy: factor load, AVE (normal difference extraction), unwavering quality (Build dependability). If AVE is higher than 0.50 and CR is higher than 0.7 and CR on AVE of total variance, convergence validity is established and convergence validation of all 5 Mobie voting coefficient classes has been verified, according to Fornell et al. (1981). If AVE is greater than the square correlation coefficient between factors, the differential effect, which means that each factor is different, is defined. Table 6:Discriminant validity TLRPATD TL0.730 R0.4390.725 P0.3850.610.707 AT0.6250.1130.1450.761 D0.6400.3130.4400.5020.850 The correlation matrix, with associations between constructs and AVE's square root on the diagonal, is shown in Table 8. Following the same method used for Mobile voting CFA analysis, the final calculation model omitted objects producing significant uniform residuals. The final series of tests validated the efficiency of each factor (Table 8). A discriminant validity analysis confirmed that each build is independent from each other. In summary, the measurement model demonstrated adequate reliability, convergent validity, and discriminant validity.
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
14 Table 7: Structural paths assessment and hypothesis test EstimateS.EC.RPLabel TLR.291.0852.994.003Support TLP-.009.108-.091.927Rejected TLD.422.0714.951***Support TLD.341.0783.767***Support V.Conclusion This thesis explores the influence of growth and direction on talent acquisition within Da Nang organizations. The utility of this strategy is to use main variables (Talent Management, Talent Retention, Talent Allocation, Talent Growth, Planning.) to resolve the problem. Variables extend from the field of HR to other fields outlined in the research paper, the Da Nang organizational review of workers that sponsored it.Talent management is an important element in the interaction between the expectations of their company by workers and the world of Da Nang technology. Only a single model is suggested by the author, containing elements from many disciplines. The fundamental purpose of this study is to help Vietjet Air executives better grasp their organizations'talentmanagementprinciplesandalsoenhancetheirperformancebyactivetalent management programs so that they can compete more effectively globally. It illustrates that the independent variables (talent development, talent distribution and succession planning) have a clear relationship with the performanceoftalentmanagementasthedependentvariableofthisanalysis.Thetalentofgood management at Vietjet Air is greatly connected to all independent variables. Among these independent variables, talent growth is a significant and important indicator of Vietjet Air's efficient talent management. This parallel study analyzes talent acquisition and the effect of technology in Danang's organisations, moving forward empirically and logically. The author also observed that better talent management would enhance the efficiency of an organization through growth and direction, confirming previous awareness of the other two insights. Research suggests that the AT attribute affects talent management. The first conclusion is that the greater the platform of a company that recruits talent, the better its capacity to handle talent. In addition, the variables R and D are also affected by talent management, primarily through the measurement of the growth of social networks in Da Nang. The second inference is that talent creation and the application of innate human resource skills will help maximize talent management in the business. Talent management is a competency defined by the philosophy of employment, working environments, and talent growth. The report further discusses how managers can improve this potential depending on the efforts of the organization to gain expertise and develop innate abilities.
15 Limit The purpose and interpretation of this analysis, however, are still restricted. In addition to the study path for this topic in the future and related outcomes, these drawbacks make the use of this model in reality even less successful. The drawbacks include: (1) The analysis only applies in Da Nang; (2) Since the study only analyzes subordinate employees of Vietjet Air, there would be a lot of mistakes in the Preparation component and few people know. Limit Up The purpose and interpretation of this analysis, however, are still restricted. In addition to the study path for this topic in the future and related outcomes, these drawbacks make the use of this model in reality even less successful. The drawbacks include: (1) The analysis only applies in Da Nang; (2) Since the study only analyzes subordinate employees of Vietjet Air, there would be a lot of mistakes in the Preparation component and few people know. (3) Used only four of the study's variables; (4) The sample is public, but its precision is not high. This renders the technology problem in this study incapable of national calculation for constraints 2, 3 and 4. In comparison, the representation of 2 variables for technology issues has left several facets of this analysis untapped, allowing the extent of advanced and functional understanding of the technical variables not yet reached. If this study is to extend in the future, it would be needed. Furthermore, restriction 1 indicates that the size of this study is small, with a population of about 1,134 million people and the lowest proportion of Da Nang businesses compared to the other two major cities (Hanoi, Saigon) in Vietnam. (Firmani, 2020). On the other hand, it guarantees the purpose of the research, moreover the research data still functions properly in this study. VI.Implementation What is the importance of talent development and the implementation of future plans affect the way talent is managed ? Most of the respondents to the survey are business employees and they completely agree on the contents of the question. However, the rest do not agree with the criteria for talent development and developing plans in the business. Most of them are not assigned the right tasks with their abilities and plans for the future are not clear. To achieve the critical goal of successful talent management, not only HR and management staff, as well as other employees and managers need to better understand talent. manage and place it as one of their organization's key strategic goals. Performance management processes are critical for rearranging talent with the work requirements, culture, and overall strategy of an organization. To achieve greater success in talent management, they need to deploy other talent management initiatives in their organizations. It means they shouldn't just improve development initiatives that are also based on other initiatives, including talent development and planning. Promote talent management by building processes and developing talent Management thinking as their primary strategic goal. Establish talent management processes and capitalize on all of these initiatives. Adjusting the business with talent management and its forecasting factors include talent acquisition, talent development, talent development, talent retention and planning. needs across the organization and proactively, instead of reacting to the needs of only a few units. The plan allows the
16 organization to be more integrated, rather than working in isolated departments and making the best use of the resources available to it, including human resources. What are relationship between independent variables and successful talent management ? Four hypotheses and seven research questions were developed in this study. There are four independent variables, namely talent attraction, talent development, talent development, and planning. This study investigates the relationship between the independent variables and successfully managed talent, as the dependent variable. The analysis results show that all five independent variables have a positive relationship with successful talent management. As a result, variables D, P, R and AT are not rejected. A significant positive relationship between talent acquisition and successful talent management is consistent with the findings of Iles et al. (2010), Glen (2007) and Chambers et al., (1998). Between talent deployment and successful talent management is consistent with the research results of Guarino (2007), Williamson (2011) and Morgen & Jardin (2010). From the results of the study, it can be concluded that Vietjet Air businesses have deployedtheirmanagementtalentsintheirorganizations.Theirdefinitionoftalentmanagementas mentioned in CIPD (2007) depends on the nature and the strategy used by the company. However, most studies agree with the definition of Ready and Conge (2007) that talent is employees with above average knowledge and skills and willing to be promoted to the position of onions. The results of the study show that talent management encompasses most of the human resource management activities as mentioned in Iles et al. (2010a) and Capelli (2008). Without a doubt, talent management is an important strategy for all organizations to enhance their competitive positions and employer branding. It is an inevitable approach to dealing with the labor crisis. The resulting management competency provides a better strategic position among competitors and reduces employee turnover. Therefore, organizations need to work to build effective talent management and strategic fundamentals not only attracting, deploying, developing and retaining talent, but also implementing a positive succession plan. Contribute to the successful talent management of the organization and also the best source of candidates in all succession planning processes. Therefore, managers need to create an environment in the organization that values human capital and key skills that increase productivity and business efficiency. Retention
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
17 VII.Reference: Areiqat, A. Y., Abdelhadi, T., and Al-Tarawneh, H. A. (2010). Talent management as a strategic practice of human resource management toimprove human performance. Journalof Contemporary Research in Business, 2(2) Beechler, S., and Woodward, I. C. (2009).The global war of talent. Journal of International Management, 15, 273-287. Boxall, P., and Steenveld, M. (1999).Human resource strategy and competitive advantage: A longitudinal study of engineering consultancies. Journal of Management Studies, 36, 443-463 Cappelli, P. (2008). Talent on demand: managing talent in an age of uncertainty, Boston: Harvard Business School Press. Carins, T. D. (2009).Talent management at homeland security :A corporate model suggests a recipe forsuccess, Employment Relation Today, 19-26 Chambers, E., Foulon, M., Handfield-Jones, H., Hanki, S., and Michaels, E. (1998). The war for talent. Mckinsey Quarterly 3, 44-57 Charan, R., Drotter, S., and Noel, J. (2001). The Leadership Pipeline, San Francisco: Jossey-Bass. Chartered Institute of Personnel and development (2007). Learning and development. The Chartered Institute Of Personnel and Development, London. Attraction Deployment Planning Talent Management .422-.009 .291 .341
18 Chartered Institute of Personnel and development (2007). Talent management: Strategy, policy, Practice. Chartered Institute of Personnel and development, London Collings, D., and Mellahi, K. (2009). Strategic talent management: a review and research agenda. Human Resource Management Review, 19, 304-313. Glen, C. (2007). Foresting talent opportunity: getting past first-base. Emerald. 23, 3-5. Guarino, A. C. (2007). Smart is Not Enough-The South Pole Theory and Other Powerful Talent Management Secret, Wiley, Hoboken, NJ Hills, A. (2009). Succession planning –or smart talent management? Industrial and Commercial Training, 41(1), 3-8. Holland,P.,andPyman,A.(2005).Corporateuniversities:Acatalystforstrategichumanresource development. Journal of European Industrial Training, 30, 19-31. Hor, F., Huang, L., Shih, H.S ., Lee, Y. H., and Lee, E. S. (2010). Establishing talent management for management for company’s succession planning through analytic network process: Application to an MNC semiconductor company in Taiwan. Elsevier ,60, 528-540 Hughes, J., and Rog, E. (2008).Talent management: A strategy for improving employee recruitment, retention andengagementwithinhospitalityorganization.InternationalJournalofContemporaryHospitality Management, 20, 743-757. Iles, P., Chuai, X., and Preece, D., (2010a). Talent management fashion in HRD: Toward a research agenda. Journal of Human Resource Development International, 10, 125-145. Iles, P., Chuai, X., and Preece, D., (2010b). Talent management and HRM in multinational companies in Beijing: Definition, difference and drivers. Journal of World Business, 45, 179-189. Kiessling, T., and Harvey, M. (2006).The human resource management issues during an acquisition: The target firms top management team and key managers, International Journal of Human Resource Management, 17(7), 1307-1320 Lewis, R.E., and Heckman, R.J. (2006). Talent management: A critical review. Human Resource Management review, 16,139-154. Appendix Customer sample evaluation I am a student of Greenwich University Danang Vietnam. Currently, I am researching factors influencing talent management of Vietnam Airline Danang to serve as a basis for recommendations for management at all levels of Vietnam Airline in policies on attracting, distributing and retaining employee and inheritance plan. In order to bring Vietjet Air to the height of talent management, thereby meeting more and more employees' wishes. I promise to
19 I hope you will support and cooperate with us in this questionnaire. Thank you very much! 1. You are •Male •Female 2. Your age is •16-19 •19-25 •25-30 •Over 30 3. What is your education level? •High school •College •University •Master, doctor,…. 4. Have you been and are an employee of Vietnam Airline? •It's correct •Wrong 5. Please tell us how you feel about the service quality of Vietnam Airlines Da Nang below by ticking the scales from (1) to (7) with the following meanings: 1: Totally agree 2. Strongly agree 3. Agree 4. Normal 5. Disagree 6: Strongly disagree 7: Totally disagree
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
20 Strong Agree AgreeLess Agree NormalLess Disagree DisagreeStrong Disagree Talent management Iwasattractedto Vietjet Air I am being recruited in a transparent and open way. Youaresatisfied withthetalent management policy of the company I have a clear plan for the job by the company. I am trained in the skills needed for the job. Attraction Ifindtheworking environmentat Vietjet Air is good IfindVietjetAir salary to match my expectation WorkingatVietjet Airhelpsme develop myself. Iwasattractedto thetalentofthe CEOatVietnam Airline
21 Ifindthe application program has quite a fewpositionsthat suit me. Deployment Thecompany allocates appropriate positions I am allocated the appropriate salary I am assigned to the right department Thecompanyhas therightpolicy whentransferring employees between departments Retention Iamrespectedby theleadersofthe company Goodworking environment Managementgets alongwith subordinates Benefitsin accordancewith wishes. Iamhonoredfor goodperformance at work. Planning Thecompanyis planningtobuild key team The company plans in-depthtraining
22 foremployeesto hold positions in the company. Thecompany makesabusiness plan Thecompany makesaplanto attract the market. Thecompany makesappropriate human development plans. https://docs.google.com/forms/d/e/1FAIpQLSfr6h2I6a2VatT16AawUogd4bZldLAzBkIoplChRwPOCHLW2Q/vi ewform SPSS KMO and Bartlett's Test Kaiser-Meyer-OlkinMeasureofSampling Adequacy..875 Bartlett'sTestof Sphericity Approx. Chi-Square2059.356 df253 Sig..000 Total Variance Explained Componen t Initial EigenvaluesExtractionSumsofSquared Loadings RotationSumsofSquared Loadings Total%of Variance Cumulative % Total%of Variance Cumulative % Total%of Variance Cumulative % 17.51332.66432.6647.51332.66432.6643.49 515.19715.197 23.50115.22047.8843.50115.22047.8843.11 213.53128.728 31.5786.86254.7461.5786.86254.7463.09 213.44442.172 41.3495.86760.6131.3495.86760.6132.90 312.62154.793
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser