Resource and Talent Planning - Doc
Added on 2020-10-05
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Resource and TalentPlanning
Table of ContentsINTRODCTION..............................................................................................................................1ACTIVITY 1....................................................................................................................................1Analysis of current labour market trends that influence talent management and workforceplanning.......................................................................................................................................1Different types of legal requirements that an organisation must take into account in workforceplanning.......................................................................................................................................2ACTIVITY 2....................................................................................................................................3Determination of current and anticipated skills required for a range of organisational examples.....................................................................................................................................................3ACTIVITY 3....................................................................................................................................6Appropriate examples of job description ans person specification documents for effectiverecruitment and selection............................................................................................................6Different recruitment and selection methods for effective talent resourcing and planning........7ACTIVITY 4....................................................................................................................................9HR life cycle and integrated to support strategic talent management.........................................9Evaluation of HR life cycle stages which integrated with organisational HR strategies..........10CONCLUSION..............................................................................................................................11REFERENCES..............................................................................................................................12
INTRODCTIONResource and talent planning can be defined as the basic function of human resourcemanager. This is performed by HR is order to make sure that the business entity is able to attracttalent and retained skilled workers. When the planning is done in appropriate manner then it mayhelp to enhance overall performance of the enterprise as highly proficient individuals will behired by HR (Armstrong and Taylor, 2014). This project report is based on the planning of talentand resources in the context of an organisation. For this purpose the company which is taken isArgos which a British catalogue retailer and operating its business in UK successfully. It wasfounded in year 1972.This assignment aims at various topics such as analysis of labour market trends,appropriate legal requirements, determination of current and anticipated skills requirements.Application of documents and processes which contribute to effective recruitment and selection,evaluation of the way in which human resource life cycle within the context of HR strategy etc.are also been covered under this report.ACTIVITY 1Analysis of current labour market trends that influence talent management and workforceplanningIn Argos the managing directors of the organisation have asked to the human resourcedivision to prepare a report that may influence the process of talent management and workforceplanning. The generated report is as follows:Talent: It can be defined as the skill that an individual is having and that helps toperform all the tasks in appropriate manner. Argos is planning to hire talented candidates whomay contribute towards the development of the organisation (Carbery and Cross, 2015).Talent management: When business entities commit to recruit, retain, hire and selecttalented, skilled, superior and experienced candidates then it is called talent management. InArgos the managers have planned to analyse ability, power and competency of the employees inorder to appropriately formulate workforce planning strategies.There are various types of current labour market trends that may influence the the processof talent management and workforce planning. All of them are described below:1
Globalisation: After globalisation it has become more easy for the individuals to work inforeign countries. This factor may affect the talent management and workforce planning ofArgos because now they have more options to hire employees. If such workers are hired by thecompany who are not from UK then they will be ready to work on low pay scale hence this willinfluence the HR (Cascio and Boudreau, 2016).Technological change: In all the industries technology is developing continuously andnow it has started to influence talent management and workforce planning because it affects therequirement of labour. As it changes with time and frequently hence it impacts the requirementsof skills and knowledge of the employees that the company is willing to hire. Argos is asupermarket and various technologies are required to execute business. Swipe machine, billingsoftware etc. are the innovations that are used in Argos. Earlier the work is done on paper astechnology is developing it is becoming digital hence it is affecting talent management becausenow organisation needs to hire such employees who are friendly with technology.Demographic change: This the another trend that affects talent management and workforce planning because employees become old with time. At that point of period HR oforganisations like Argos need to find the new candidates as the old once as they get retired. Itincreases liabilities of the HR to recruit skilled labour that may handle the work appropriately. Increasing inequality: Currently inequality related to gender and other factors iscontinuously increasing which affects the process of work force planning and talentmanagement. In UK pay scale for male and female vary and there is a huge difference betweentheir salaries. It becomes very difficult for the HR of companies like Argos to retain its skilledfemale workers as they are not satisfied with their compensation (H. Church, 2014).All the above described current labour market trends influence the talent managementand workforce planning of Argos by creating issues like increasing responsibilities for hiringskilled employees.Different types of legal requirements that an organisation must take into account in workforceplanningWorkforce planning: It is continuous process in which human resource managersidentify work force requirement of company and then form strategic decisions to recruit newtalent. It is done to make sure that business entity is meeting all the regulatory, legislative andother requirements. In Argos human resource managers plans to recruit such candidates that may2
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