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Talent Management Plan on RMIT University Assignment

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RMIT University

   

Added on  2019-10-31

Talent Management Plan on RMIT University Assignment

   

RMIT University

   Added on 2019-10-31

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Running head: GLOBALISATIONGlobalisationName of the Student:Name of the University:Author Note:
Talent Management Plan on RMIT University Assignment_1
1GLOBALISATIONTable of ContentsIntroduction:....................................................................................................................................1Globalisation:...................................................................................................................................1Communicate better:....................................................................................................................1Empowerment of employees:......................................................................................................2Technology:.....................................................................................................................................3Encourage them to improve technology:.....................................................................................3Hire more talent worker in the area:............................................................................................3Companies should be up-to-date:................................................................................................4Demographic:..................................................................................................................................5Conclusion:......................................................................................................................................6References:......................................................................................................................................7
Talent Management Plan on RMIT University Assignment_2
2GLOBALISATIONIntroduction:The aim of the paper is to study the changes in the business environment ushered byglobalisation and management of talent in the light of the challenges posed by these changes.The study is conducted taking HSBC Bank Australia as the base. The assignment has beendivided into three sections namely, globalisation, technology and demography. The globalisationsection delves into the ways to motivate employees keeping globalisation in the backdrop. Thesecond section deals with the challenges posed by globalisation towards MNCS in terms oftechnology. The third section studies the needs for multinational companies to be culturallyintelligent to be able to deal with employees and customers from diverse cultures.Globalisation:The multinational organisations face the challenge of motivating and maintain employeesdue to globalisation. Globalisation has allowed the business organisations to expand into neweconomies. For example, HSBC Bank is based in London, the United Kingdom. Theinternational bank has expanded into many countries including Australia. This foreign expansionof multinational companies has allowed them to get access to new consumer base and employeebases. Australia is a developed market, which provides the multinational bank with skilledemployees who contribute towards the high market performance of the bank (Yamao andSekiguchi 2015). The multinational organisations like HSBC bank motivate and maintain theiremployees in the following ways:Communicate better:The multinational companies should establish a strong channel of communication withtheir employees. The departmental heads should communicate the targets of each employee
Talent Management Plan on RMIT University Assignment_3

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