TALENT MANAGEMENT2 Successful organizations develop programs and strategies that are meant to attract, develop and retain talent (the right workforce), which in return enables a company to arrive at the desired future needs and accomplish its objectives (Krishnan & Scullion, 2017). Therefore, this paper identifies and evaluates the implemented talent management strategies and the issues of Aurecon a small Company with reputable talent management strategies by interviewing a Talent Development Manager. Task 1 Designing interview plan. Topic:Questions Talent AttractionHow do you define talent attraction? Employer BrandingAs a strategy, how does employer branding attract talent? Performance ManagementDescribe strategies employed to ensure performance management. Learning and DevelopmentHow you give workers opportunities for learning and development? opportunities Succession planning strategiesTo which extent are succession planning strategies implemented? Organization CultureHow effective is your organization's Culture? Staff EngagementWhich strategies do the company use in staff engagement? Talent Retention Talent retention is essential; how do you achieve that? Data Analytics for dataHow do you manage staff data? Do you have data analytics?
TALENT MANAGEMENT3 management Task 2 Talent Management strategies Finding and attracting the right or targeted qualified employees into the company requires effective strategy such as convincing qualified potential staff to apply for the vacant positions. Most individuals are invited by organizations that develop a good reputation in employee welfare, popular organization cultures, and friendly employee-employer relations (Fang, 2019). However, an organization must ensure that practical training and employee assessment are conducted to determine how effectively are employees performing in their positions. This is useful in encouraging the improvement of poor job performance and also discovering the best talents for promotion. Whenever new talents are hired, they require an excellent orientation to the company's mission, culture, objectives, values, rules, and responsibilities; according toFang (2019) this allows them to familiarize with the new environment and also understand the company goals to work towards achieving them. Employee motivation strategies such as Employee Value Proposition help in motivating staff to perform well and earn additional benefits. An organization develops growth strategies that existing talent gaps are filled with the help of line managers that identify the need for new hires and promotion opportunities. Through this, companies can develop new leaders and retain talent. Task 3
TALENT MANAGEMENT4 Talent Management Issues Significantly, lack of a good data analytics usually prevent them developing a fixed metric for reliable evaluation of training effectiveness. This is because the firm lacks consistency, reliable and adequate data to gauge how well training information is being applied in the jobs through good performance. Company lacking clear career paths for its workforce it becomes hard to effectively to train, develop and place staff to their right job positions. Finally, a high turnover rate hinders good succession planning due to few potential succession candidates left in the company; which is caused by a lack of promotion opportunities, lack of trust in openness, lack of interesting projects. Task 4 Addressing key issues A good succession plan requires organizations to prior plan for possible turnover, by building staff loyalty by availing growth opportunities and clear career paths, use professional efforts such as hiring succession planning expert would greatly help, and integrate succession plan into talent management plans that enable it to remain focused to achieving its goals. Based onKrishnan and Scullion (2017), data analytics is improved through holistic data and analytic strategies development, using a data governance program, developing integrated analytics databases, and conducting analytics training. This equips the company with reliable and consistent talent data as well as enabling efficiency. However, some of these strategies may not be suitable for all organizations because they may require massive financial investments which small firms cannot easily afford. It may also be difficult to predict some turnover in some cases.
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TALENT MANAGEMENT5 References Fang, T. (2019). China: Talent management in transition. InResearch Handbook of International Talent Management. Edward Elgar Publishing. Krishnan, T. N., & Scullion, H. (2017). Talent management and dynamic view of talent in small and medium enterprises.Human Resource Management Review,27(3), 431-441. McGuire, D., Dusoye, I., Garavan, T. N., & Alhejji, H. (2018). Talent development in the United Kingdom. InGlobal Issues and Talent Development: Perspectives from Countries Around the World(pp. 9-24). Information Age Publishing. Zhang, X., Zhao, Y., Tang, X., Zhu, H., & Xiong, H. (2020, January). Developing Fairness Rules for Talent Intelligence Management System. InProceedings of the 53rd Hawaii International Conference on System Sciences