resourcing and talent planning

Resourcing and Talent
Planning

Contents
INTRODUCTION...........................................................................................................................1
MAIN BODY..................................................................................................................................1
Q1. The major key contemporary labour market trend in various countries...............................1
Examine organisations position themselves strategically in competitive markets......................2
Q2. Role of government, employers and trade unions to ensure future skills.............................3
Q3. Description of the main principles regarding effective workforce planning and examples
of the tools using for this purpose................................................................................................4
Q4. Develop basic succession and career development plans.....................................................6
Q5. Description of the main legal requirements in relation to the recruitment and selection and
assessment of the strengths and weaknesses of two different methods of recruitment and
selection.......................................................................................................................................8
Q6. Contribute to development of job description, person specification and competency
frameworks................................................................................................................................10
Strength and weaknesses of various approaches to retention of talent......................................13
Q7. Provide a brief summary of the advice you would provide to your organisation on good
and lawful practice for managing dismissal, retirement and redundancies...............................13
CONCLUSION..............................................................................................................................14
REFERENCES..............................................................................................................................15

INTRODUCTION
Resourcing refer as the activity of gathering best within an organisation to build the
portfolio that able to fulfil diverse needs. The role of resourcing has importance within an
organisation for effective continual functions without any hindrance and restriction. This will
further provide the opportunity to grab competitive edge within the market through presence of
distinctive resources portfolio. This activity also has the effective contribution towards managing
talent within an organisation. Talent management is the activity related to retention of talented
employees along with regular improvement in their existing skills and competencies. This
concept simultaneously has the wide scope that covers everything from recruitment to
redundancy (Baron, 2016). There are large number of benefits that will be attained with the aid
of effective talent within an organisation includes high productivity, good team of employees,
optimum utilisation of resources and positive working culture. The main of aim of this report is
about studying the aspects related to resourcing and talent planning. The organisation selected
for carrying analysis in this report is H&M. It is multination clothing organisation that has
business operations in various nations.
The aspects cover in report includes assessment of labour market trends in two different
countries along with determination of the significance of tight and loose labour market
conditions and strategy of organisational positioning in competitive labour markets, description
of the role of government, employers and trade unions in ensuring future skills needs are met,
main principles of effective workforce planning and some examples of tools using for same,
main legal requirements in relation to recruitment and selection & strengths and weaknesses of at
least two different methods of recruitment and selection, strengths and weaknesses of at least two
different approaches to retaining talent and suggestion to an organisation on good and lawful
practice for managing dismissal, retirement and redundancies.
MAIN BODY
Q1. The major key contemporary labour market trend in various countries
Human resource department play key essential role in business organisation irrespective of
their size and scope. This department engage in the functions of wide range of activities and
undertake efficient policies and plans for every department in organisation workplace structure.
Mentioned below there are some trends affecting labour market conditions:
1