TABLE OF CONTENTS INTRODUCTION 3 MAIN BODY3: Tight and loose labour market

Verified

Added on  2021/02/19

|22
|6508
|458
AI Summary
Resourcing and Talent Planning TABLE OF CONTENTS INTRODUCTION 3 MAIN BODY3 1.1 Labour trends in UK and US 3 1.2 Importance of tight and loose workforce market 4 1.3 Strategies used by organizations to achieve competitive advantage in tight and loose labour market 5 1.4 importance of government, trade union and employers in future skill development 5 2.1 Principles of workforce planning and tools used by organizations 6 2.2 Career development plan 8 2.3 Downsizing in an organizations9 2.4 Establishing job description, person specification and competency framework9 2.5 Key

Contribute Materials

Your contribution can guide someone’s learning journey. Share your documents today.
Document Page
Resourcing and Talent
Planning

Secure Best Marks with AI Grader

Need help grading? Try our AI Grader for instant feedback on your assignments.
Document Page
TABLE OF CONTENTS
INTRODUCTION...........................................................................................................................3
MAIN BODY...................................................................................................................................3
1.1 Labour trends in UK and US............................................................................................3
1.2 Importance of tight and loose workforce market.............................................................4
1.3 Strategies used by organizations to achieve competitive advantage in tight and loose
labour market..........................................................................................................................5
1.4 importance of government, trade union and employers in future skill development......5
2.1 Principles of workforce planning and tools used by organizations.................................6
2.2 Career development plan..................................................................................................8
2.3 Downsizing in an organizations.......................................................................................9
2.4 Establishing job description, person specification and competency framework.............9
2.5 Key Legislation regarding Recruitment and Selection ..................................................10
2.6 Different techniques of recruitment and selection - ......................................................11
3.1 Reason of leaving the organization by the employees ..................................................13
3.2 Different approaches for retaining employees - ............................................................14
4.1 Lawful practices for managing dismissal, retirement and redundancies .......................15
CONCLUSION..............................................................................................................................16
REFERENCES..............................................................................................................................17
APPENDIX....................................................................................................................................19
Document Page
INTRODUCTION
Resource and talent planning is an activity whereby the management coordinates with the
recruitment team in terms of various attributes like forecasting the human capital that would be
required in future, selection of appropriate recruitment channel etc.
TESCO is one of the popular retailer and groceries company headquartered in England,
UK and established by Jack Cohen in 1919. Apart from the supermarkets, It has extended its
functions in Banks, technology, online etc. The report gives a brief about labour workforce
trends in US and UK, Importance of tight and loose workforce market, Strategies used by
organizations to achieve competitive advantage in tight and loose labour market, importance of
government, trade union and employers in future skill development, Principles of workforce
planning and tools used by organizations, career development plan, downsizing in an
organization, Establishing job description, person specification and competency framework,
Legal requirements for recruitment & selection and their strength and weaknesses, Rationale
behind employees leaving the organization and the cost that the organizations bears, strength and
drawbacks of approaches in retaining employees and practices to maintain an effective
dismissal,redundancies and retirement.
MAIN BODY
1.1 Labour trends in UK and US
Since the globalization, the economical changes in UK has been consistently raised to a
milestone. The labour market and the workforce trend has always patronized UK with its
unexpected growth. The boom in the British's job market continued to rise from the last few
months in 2018 despite the recession and slowdown in the comprehensive growth and impacted
at large the uncertainty of economy. In the final months of 2018, there were an increase of
167000 people who were employed as compared to the past years. As reported by the national
statistics of UK, the employment rate increased at the rate of 75.8%. The national data suggested
that the Britain's job has been from past few years insulated from upshot of uncertainty with an
additional increase from the year 2017. This continuous increase in the employment level
signifies an increase in productivity thus in comparison to 2017, the per hour output in 2018
increased with the percentage of 0.2.
Document Page
The US market trends has always been polarized which has impacted its economy in a
great way. The labour market in US has shrugged off the economic blast as the Trump's trade
policies might alleviate the US economy in upcoming years. While the the unemployment rate
has fallen to 1.5%, the supervisory and non supervisory workers tend to remain stagnant in their
work which has led to downfall of economy. The American filling the form for employment has
fallen to 49 last year pointing the fluctuation in strength of labour market. According to the
labour department, the inceptive claims for unemployment benefits has fallen to 8000 from
196000 in 2018 which is the lowest level till date. However, the high investment in technology
and its federal agreement with other countries is estimated to increase the workforce market
robust in future.
1.2 Importance of tight and loose workforce market
Tight labour market is when the employment rate is growing at a rapid rate and there are
excess jobs available than the individual who are filling the application forms. The major benefit
of tight labour market is that the companies becomes more focuses in hiring process and thus
providing more opportunities for incarcerated citizens. This tight labour trend is estimated to
affect the US economy in a great way thus would be challenging for CHRO's. The HR would
have to raise their wage rate in order to attract the skilled and qualified candidates which would
be demanding in US due to its low employment rate. As witnessed by Wall street journal. The
estimated figure of Americans voluntarily leaving their jobs has been highest in April 2008
which has slowed down the economic rate of US thus in this scenario, having a tight labour
market will help the organizations to focus on retaining the employees because when the job
seekers overreach the available jobs, it becomes necessary for the companies to generate a
confidence among talents their company is better than others(Tight labour market,2019).
Unlike tight market, Loose labour market is the one where the organizations have a great
pool of talent and qualified candidates but since there is scarcity of the jobs, there is a high level
of competition among the candidates for the vacancy. A loose labour market having a great
unemployment rates has a remarkable impact on recruitment and selection process. Importance
of loose labour market addresses that the organization would have to make their recruitment
process more complex in order to hire skilled people. The participation rate of the youth has
increased in UK from 56% in 2012 to 66% in 2018 relative to more jobs available which has also
affected its GDP rate and have thus sourced more candidates form outstation. Another

Secure Best Marks with AI Grader

Need help grading? Try our AI Grader for instant feedback on your assignments.
Document Page
importance of loose market condition is the average hour dedicated by the employees. In UK, the
average hours has been fairly steady since 2017 which has prevented the UK economical
conditions from deterioration.
1.3 Strategies used by organizations to achieve competitive advantage in tight and loose labour
market
In order to achieve the competitive advantage, Organization needs an employer who can
effectively manage the workforce and thus helps in attaining the long term goals. Thus, the
employer of choice is one who provides an outstanding working culture along with the working
environment which eventually attracts as well as retains the employees. TESCO, in order to
maintain its position and survive in cut-throat competition requires these consistent employers
which can bring a lot of advantages to their organization.
The first benefit of having an employer of choice in TESCO is that the attrition rate of the
company will become low as more and more employees tend to retain. Besides this, it will attract
more and more talented individuals as the consistent employers will maintain the goodwill of
organization. The most important benefit which this employer would bring for TESCO is that the
productivity of the employees will increase apart from the greater profitability. Moreover, the
recruitment process would become smoother as the capable employers will focus more on
choosing the people rather than attracting the candidates (Roy and Devi, 2017). Apart from this,
the expenses incurred by the organisation would reduce to a great number as the cost per
candidate would be low along with training & development cost.
The employer of choice will help TESCO in achieving competitive advantage and will
make their position much stronger as the increasing quality of employees would lead to greater
customer base and thus would reduce the switching cost of customers to other competitors.
Besides this, the employer would find different strategies to increase the revenue and
profitability of the company which eventually will make TESCO stronger.
1.4 importance of government, trade union and employers in future skill development
Role of government
Knowledge has always been a prominent driver for growth of economy and technology
and innovation will develop value for accelerating growth of UK economy. The workplace of the
organizations will emphasize on robotic automation, automated tasks where the role of UK
government is significant. Governments are coordinating with their citizens in the extensive shift
Document Page
from conventional education to technology driven professionals. In order to combat the shortage
of skills in future, government of UK is focusing on new technology skills where they are
unveiling the technology platform through IoT, block chain techs. To develop the workforce for
future workplace, new skills are needed. TESCO supporting IT and process management has
signed a bond with IT for intensifying re-skilling actions(Wilcox, 2016).
Role of employers
Employers are one one the most important assets of the organization whose presence is
remarkable for the company. The role of employers in meeting the scarcity of skills in future is
not only limited to retaining the employees but also ensuring that employers remain engaged in
their work. The UK companies embodies the various policies and standards for the employers
which eventually enables the employers to bridge the gap between current needs and future skill
needs. Becoming a learning & talent leader for the employees will surely prove to be an effective
way to out-pass this gap. TESCO spends nearly $39 per year for providing training to the
employers and created more than 10,000 jobs across the world where the employers were given
vocational training program to recruit the best staff and develop strategies for their future skills.
Role of trade union
There is no statuary right in UK on training as well as no obligation for the employers to
impart training to the workers. However in accordance of the employment act 2002, trade union
have an opportunity to help their co-workers in training opportunities through union learning
representatives(ULRs). Thus trade unions of the organizations are highly involved in ensuring
that the future skills are met. This is done through trade union providing advice on various
matters, consultations of the employers, training to meet the future uncertainties. Trade unions
helps in development of skills at national, sectoral and enterprise levels. At the sectoral level,
trade union are presented with the opportunities for participation in TVET policy implementation
where the trade unions would focus on the various skills that would be required to meet the
contingencies in future.
2.1 Principles of workforce planning and tools used by organizations
Strategic workforce planning is a process wherein the organizations ensures that the right
kind of people are performing right kind of work based on their skills in order to meet the short
term and long term objectives.
Document Page
The First principle involves recognizing the future direction of business and needs. The
top management of the organization is involved in establishing the vision of company though
succession planning and estimating how much human capital would be required in order to meet
the future contingency(Baporikar, 2017).
Second principle involves analyzing the current workforce which involves assessing their
skills and capabilities as well as their data. For effective planning, estimating the present
capabilities of employees becomes necessary for the companies which provide them the idea of
demand and supply of workforce in future.
Third principle addresses eliminating the gap between workforce issues. Addressing
these issues through efficient management practices and succession planning will enable the
companies to recognize high potential employees and develop replacement for these employees
having high knowledge(Baron, 2016).
Fourth principle is effective implementation of the practices and programs to bring
flexibility in overall human capital. This implementation encompasses streamlining
administrative processes, educating managers on the utilization of flexibility.
Fifth principle is about monitoring and reviewing the process. For ensuring that whether
the desired outcome has been achieved or not, Organizations uses some performance measure in
order to evaluate the process like contribution of employees towards achieving the goals.
Tools used for planning
One of the most effective tool used by TESCO for implementing its workforce planning
is HR analytics. It enables the HR of the company to thrive on end to end process and make
greater informed decisions. Having 3,500 stores in UK, this database analytics enables the HR to
track the skills and capabilities of the employees and get a better insight of various processes in
order to meet the future needs.
Another tool in TESCO strategy includes workforce planning map whereby they assess
the number of staff that would be required in future. TESCO manages a workforce table which
they review every month to avoid inconsistencies. This map helps TESCO in talent planning
required at each level and in each product department(Malik, 2018).

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
2.2 Career development plan
Career development plan refers to providing a strategic approach to assist employees in
achieving the goals defined to them. It consists of a short term and a long term objectives related
to job, must help in development of the strengths and future career aspirations. It aims to build a
all round future development of the worker with the aim of future career perspective. Career
development helps the worker with the growth opportunity for his future.
Succession plan refers to the identification and development of new leader which can
fulfill all the necessary requirements as a leader of the firm as the old leader retires or dies. This
helps in the growth and development of the organization as young mind comes up with new
ideas and strategies which can bring a positive impact for development and betterment of the
company. It aims to continuity of a leadership in an organization which can Prevent a chaotic
leadership as a leader can regulate the working and functioning of an organization. It aims the
development and safe workings Of the workers.
2.3 Downsizing in an organizations
Downsizing is the an activity in which the organizations fire their staff for a range of
reasons. HR are highly involved in the process of downsizing thus they plays a key role in
effectively managing the flow of downsizing. According to a survey, reducing the staff by 7.7%
brings down the labour and other cost by 1.1%. The first plan towards downsizing which the
organizations consider is assessing the units and activities which are crucial as well as the
employees which are potent enough to successfully implement these. HR department works in
liaison with the mangers to create a document which highlights the employees that need to be
terminated. Thereafter, HR explains few months earlier the reason for downsizing and the
consequences of restructuring. HR provides enough time to the employees to bind their loose
ends(Kazakovs, 2016).
Simultaneously, HR explores the wide alternatives that would be implemented after
downsizing in order to keep the flow of operations smooth. Thinning the resources of department
forces HR to outsource conventional administrative functions which becomes a disadvantage for
organization. For example TESCO plans of slashing 9000 jobs has affected its staff due to
closures of canteens and fish and deli counters and restoring them with self-service kitchen.
After analysis of the other plans which the organizations develop before downsizing, I developed
enough grounds for downsizing in synchronization with business department before they go for
Document Page
downsizing. Besides this, I provided few months wages or allowances to the employees who will
be laid off. Moreover, I also took care of the exit process in order to avoid the prices of
insensitivity as well as indifference to the company(Sohel-Uz-Zaman, 2018).
2.4 Establishing job description, person specification and competency framework
Job Description
Company Tesco
Post HR Manager
Location UK
Report to CEO of Tesco
Qualification MBA in HR
CIPD Qualified
Responsibilities Attracting talent
Hiring resources
Professional development
Performance appraisal
Title of the job HR Manager
Date: 24, July 2019
Qualification required Essential Desirable Met
MBA in HR YES
Need of Experience
2 Years of experience in
same field.
YES
Personal characteristics
& conduct
Communication YES
Document Page
Decision making
Technical awareness
Problem solver
Support provider
Relevant experience
YES
YES
YES
YES
YES
YES
Roles and
Responsibilities
Attracting talent
Hiring resources
Professional
development
Performance appraisal
YES

Secure Best Marks with AI Grader

Need help grading? Try our AI Grader for instant feedback on your assignments.
Document Page
A job description is a document which highlights the key duties and tasks that the
candidate will have to perform in the organization. Person specification, on the other hand
encompasses the skills and abilities present within a candidate that make the candidate a perfect
fit for the advertised job. Competency framework is a well defined structure which illustrate the
capabilities, qualities, and skills within an employee which helps them to achieve the long term
goals(Taylor, 2018).
The most important contribution that I made in developing job description is that first I
analyzed the key responsibilities that the person should have in order to secure the vacant
position. While designing the Job description, I laid emphasis on 3 key accountabilities namely
Budget management, Event coordination and Executive support. Followed by the job
description, In person specification, I focused on the key skills that the candidate must have to
fulfill the job requirements. I made a in-depth research on the vacant post and also analyzed that
what educational qualifications are required for the job by working on that post for few weeks
which gave me an understanding of its working and nature(Hurrell, 2016).
In competency framework, I developed a matrix of competency by articulating the
qualities which are valued in job. This helped me to measure the competencies of employees. A
table of four columns having communication, project management, leadership and data analysis
in each one enabled me to give the rating to each employee in relative to these qualities.
Corresponding to these skills, I assessed the employees competencies by rating them on a scale.
2.5 Key Legislation regarding Recruitment and Selection
It is very essential to recruit the staff in the way that it doesn't breach the legal rules and
regulations, which is necessary for the recruitment and selection processes.
Equality Act 2010 – This act came into the force on October 2010. It's main objective is
to prevent discrimination in the workplace and in wider society by providing simple, more
reconciled and more impressive legal framework. It has replaced the anti-discrimination laws
with this single act which includes the easy understanding of the law and strengthening
protection in some more situations. It protects people in employment from discrimination,
harassment, exploitation or any other detriment due to following 'protected characteristics' –
disability, gender, age, sexual orientation, gender reassignment, pregnancy and maternity, region
Document Page
or belief and marriage or civil partnership. Tesco follows the act very prominently, they treat
their employees equally they doesn't create any discrimination among their employees and they
also guide their employees to avoid this and let them work as a team and assigned the group
tasks so that they employees equally treat each others(Walford-Wright and Scott-Jackson, 2018).
Asylum and Nationality Act 2006 – This act describes the legal responsibility for
employers to prevent illegal migrant working in the UK. Employers are liable to pay penalties
for committing the offense of employing the illegal migrant worker for their organization.
Employers should verify the all documents of the candidate before recruiting it for their
organization to avoid mischief and penalty. Tesco strictly follows this act they strictly verify all
the documents of the employee before recruiting individual for the job and if anyone is not
appropriate they doesn't recruit such person for their organization(Turner, 2018).
Equal Pay Act 1970 – This act legally protects the discrimination between men and
women in terms of their payment for their employment in the organization. Employers must gave
equal pay to their all employees according to their skills, education, specification and job task
etc., they shouldn't do any discrimination and favoritism among their employees. Tesco appoints
both male and female candidates for their stores and they had a equal pay structure for them
according to the skills, education and specification(Taylor, 2016).
2.6 Different techniques of recruitment and selection -
Recruitment – It is the process where candidates are in invited for the particular job on the basis
of their qualifications and potential skills. The recruitment process includes two approaches that
is Internal and External Approaches(Ridgway, 2019).
Promotion – It is the recruiting approach where the existing employees are promoted to the
higher post according to their working skills and excellent work qualities. It is the basic approach
which every organization follows for recruitment as they can easily recruit the existing employee
with no cost of recruitment and a skilled and experienced person is appointed.
Newspaper Advertising – It is processes where candidates are invited for the job vacancy
through news paper advertisement. It is the external approach which is followed by the
organization to invite appropriate candidates for the particular job specification which the
organization mentioned in the advertisement(Method of recruitment and selection,2019).
Document Page
Selection – It is process where appropriate candidates are selected for the job specification
mentioned by the organization. It is the final process where candidates are selected with the final
interview processes(Sparrow, Hird and Cooper, 2015).
Skill Test – It is test where skills and efficiency of employees are measured by some skill tests.
Skill tests may be computer skill test, writing skill test or vocal test etc.
Interview – It is the final processes of selection where appropriate candidates are selected with
the final interview by the HR Manager. If the candidate fulfill all the requirements of the job
specification and passes the skill test then the candidate will be selected(Wahyuningtyas, 2015).
Strength and Weaknesses -
Recruitment
Strength Weaknesses
Promotion Tesco first looks at its internal Talent
Plan to fill a vacancy. As it is internal
recruitment it doesn't includes any
costing for recruiting. Tesco appoints
the skilled and experienced existing
candidate and appreciate them to
work for the company with more
responsibilities. The company
promotes the individual on yearly
basis so that they can assume the
individual performance and
employees loyalty towards the
company.
It doesn't allow the fresh talent
to showcase their new skills
and talent. Tesco will not be
updated with the new ideas and
innovation due to which they
will not compete effectively
with the other competitive
companies.
News Paper
advertising
Along with promotion Tesco also
uses this primary source to invite
candidate which cost less. As
newspaper is the basic thing which
every person is easily attached to so
the job offer will be circulated to the
There are different kinds of
newspapers rotated in the same
country. For example – Tesco
advertise job requirement in
the “London Lite' then only the
readers of London Lite will be

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
large number of peoples and so the
company had a wide scope for
selecting the appropriate candidate.
aware of such job offer only.
Selection
Strength Weaknesses
Skill Test Tesco conducts the vocal and
computer proficiency test for job
seekers which helps them to select
the skilled person for their work.
Then can eliminate the person before
only with this appropriate test .
It doesn't allow the candidate which
doesn't pass the skill test so somehow
the other skills of the candidates are
not noticed.
Interview Tesco conducts its interview by their
HR Manager which helps them to
personally interact with the candidate
and overview details and verification
of documents with are provided by
the candidates.
Favoritism can be performed by the
HR Manger, while selecting the
candidate. Tesco avoids this and
strictly guides their HR manager to
perform its duties loyally.
3.1 Reason of leaving the organization by the employees
There are many reasons for which a employees quit the job. When the good employee
leaves the job, the productivity of the company sinks, morale suffers and the other co-workers
struggle with increased work load. It's very necessary for the Tesco to reduce the turnover rates
of employees. To reduce these rates employers must understand first why the employees leave
the organization. The majority of the reasons why employees leave the organization are under
the control of employers. The rude behaviour by the Mangers and team leader, assigning the
blame to the employees if any fault occurs, performing favoritism while delegating task or any
activities related to the job task. Pressuring employees to do more work and work for the late
hours and on weekends also this how the employees couldn't balance their work life and personal
life. It is very common reason where all promised met in the interviews are not fulfilled by the
employers and this lead to mistrust among the employees towards the organization. Employees
Document Page
should be made feel valued and if they doesn't recognized and rewarded for a job well done the
employees feel undervalued. If there is no growth opportunity for an employee and they feel
trapped in dead-end options so the individual swipe from one organization to other for better
growth opportunities(Friday and Sunday, 2019).
Due to the quieting job of employees the TESCO had to bear the cost of hiring the new
employee for the organization such as advertising on newspapers, websites, television, social
media etc., interviewing, screening and hiring. After selecting the appropriate candidate the
company also had to provide training and management time. The company had to pay lost
productivity as a new candidate will take a one or two year time to reach the productivity of an
existing person. As new employee in the Tesco store will not probably effectively interact with
the customers and couldn't solve the problems if any arise customers this reduces the customers
satisfaction level towards the stores. This also effect the work culture of the employees their
other employees are also demotivated if any existing person quits the job. Somehow it overall
affects the whole company's overall cost(Ifeoma, Purity and Okoye-Nebo, 2015).
3.2 Different approaches for retaining employees -
Focusing on employee retention, Tesco could retain the talented and motivated
employees who truly wants to work fro the company and focused on contributing in the
company's overall growth and productivity.
Strength Weaknesses
Training and Development
program
Tesco could provide training
and developments programs to
its employees time to time so
that they can easily upgrade
themselves with the effective
skills and develop themselves
with the different and new
skills. This allow growth
opportunities for employees so
the employee will retain with
the company and work fro the
To conduct training and
development program
company had to bear the cost
for each sessions. It may not be
effective for the employees as
it can be boring and employees
are not interested to involve in
such training and development
programs(Sparrow, 2018).
Document Page
productivity of the company.
Monetary Benefits Tesco can give monetary
benefits to their employees in
the from of bonus and
incentives to its employees and
reward them, for their job well
done. This motivates the
employees to work
passionately and achieve the
company's target and they feel
valued for their work.
It can create bias between the
co-workers as the individual
employee is rewarded for their
job well done then others will
also felt demotivated and
somehow they will feel
undervalued for their work
efforts.
4.1 Lawful practices for managing dismissal, retirement and redundancies
Managing Dismissal – It is the situation where employees are fired or terminated for any
misconduct, negligence or incompetent or unable to perform the job well. Tesco had to ensure
that they follow all legal requirements before dismissing any employee. Before terminating an
employment contract they should arrange as meeting with an employee. By the meeting they can
discuss the issues that had lead the dismissal and any disagreement can be resolves by the
meaningful and respectable conversation. The company should allow its employee to appeal the
dismissal decision and they can leave the five day window for the employee appeal. After this
the discussing the problems and waiting for the pass of appeals the company can dismiss the
employment contract.
Retirement – The new retirement law which is in effect from 6th April 2011 explains that the
employee can take a retirement when they wish not when their employers want them to take
retirement. Tesco's HR Manager plays a key role in ensuring a smooth transition in the
retirement of the employees. HR should develops the keen understanding of the employer's
benefits packages, benefits options available for the retired person, health care eligibility,
different pension plans and severance packages. So that the retired person could have benefit of
such retirement scheme and use it for its remaining lifetime.
Redundancies – Redundancies is done when business is closing down either completely or at
particular site or diminishing the needs of employees for the particular task for cost cutting
measure or slow down. Tesco could ensure fair and consistent treatment while performing

Secure Best Marks with AI Grader

Need help grading? Try our AI Grader for instant feedback on your assignments.
Document Page
redundancies they should not do favoritism with the employees they should fairly perform it.
They should avoid uncertainty among the company and assist the process of change and business
continuity with the help of effective measures to meet up. They should reduce the possibility of
conflicts and misunderstanding among the workers and should perform it according ton the skills
and efficient work done by the worker for the productivity of the company.
CONCLUSION
From the above study it is concluded that significant market conditions helps the
organization to avail its competitive companies in the market. And putting themselves
strategically in the market and set targets to compete with the other competitive companies. With
the help of effective workforce planning they can ensure the appropriate employees for their
organization which performs for the overall growth of the organization. An effective career
development plan helps to evaluate the strategies to grow efficiently and more effectively.
Recruitment and selection process helps the company to select the appropriate candidate for the
company who can perform all the task effectively and strategies to retain employees for long
term helps company to sustain their productive employees for long term by planning and
managing retirement plans, dismissals and redundancies they can be the best organization for the
employers choice and so employee will be wholesomely working for the organization's sales as
well production and customer satisfaction an thus the company can effectively compete with the
other competitive companies and reach its target.
Document Page
REFERENCES
Books and Journals
Baporikar, N., 2017. Sustainable Framework to Attract, Develop, and Retain Global Talent.
In Driving Multinational Enterprises Through Effective Global Talent Management (pp.
50-74). IGI Global.
Baron, A., 2016. Human resource planning. In Encyclopedia of Human Resource Management.
Edward Elgar Publishing Limited.
Friday, E.O. and Sunday, M., 2019. Talent Management and Workers’ Commitment. SEISENSE
Journal of Management.2(3). pp.1-15.
Hurrell, S.A., 2016. Recruitment. In Encyclopedia of Human Resource Management. Edward
Elgar Publishing Limited.
Ifeoma, O.R., Purity, N.O. and Okoye-Nebo, C., 2015. Effective talent management: Key to
organisational success.Journal of Policy and Development Studies.289(1850). pp.1-12.
Kazakovs, M., 2016. Competence-based approach in human resource development planning
automation. In proceedings of the international scientific conference. Latvia University of
Agriculture.
Malik, A., 2018. Work Design and HR Planning: A Strategic Perspective. In Strategic Human
Resource Management and Employment Relations (pp. 75-84). Springer, Singapore.
Ridgway, M., 2019. Brexit: human resourcing implications.Employee Relations: The
International Journal.
Roy, G.S. and Devi, V.R., 2017. Inclusive vs Exclusive Approach to Talent Management: A
Review Agenda. IPE Journal of Management. 7(2).
Sohel-Uz-Zaman, A.S.M., 2018. Understanding the Fundamentals of Talent Management for
Effective Business Application. International Journal of Economics, Finance and
Management Sciences.6(3). p.98.
Sparrow, P., 2018. Macro Talent Management in the UK: Patterns of Agency in a Period of
Changing Regimes. InMacro Talent Management (pp. 70-100). Routledge.
Sparrow, P., Hird, M. and Cooper, C.L., 2015. Strategic talent management. In Do We Need
HR? (pp. 177-212). Palgrave Macmillan, London.
Taylor, S., 2016. Resourcing. In Encyclopedia of Human Resource Management. Edward Elgar
Publishing Limited.
Taylor, S., 2018. Resourcing and talent management. Kogan Page Publishers.
Turner, P., 2018. Attraction, recruitment and resourcing of talent. In Talent Management in
Healthcare (pp. 221-252). Palgrave Macmillan, Cham.
Wahyuningtyas, R., 2015. An integrated talent management system: Challenges for competitive
advantage. International Business Management. 9(4).pp.384-390.
Walford-Wright, G. and Scott-Jackson, W., 2018. Talent Rising; people analytics and technology
driving talent acquisition strategy. Strategic HR Review.17(5).pp.226-233.
Whysall, Z., Owtram, M. and Brittain, S., 2019. The new talent management challenges of
Industry 4.0. Journal of Management Development.38(2). pp.118-129.
Wilcox, M., 2016. Effective talent management: Aligning strategy, people and performance.
Routledge.
Document Page
Online
Method of recruitment and selection. 2019. [Online] Available through:
<https://smallbusiness.chron.com/methods-recruitment-selection-2532.html>
Tight labour market. 2019. [Online] Available through:
<https://www.ezyeducation.co.uk/ezyeconomicsdetails/ezylexicon-economic-glossary/
892-tight-labour-market.html>

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
APPENDIX
Career development plan
What do I want
to learn?
What will I do to
achieve this?
What Resources
or support will I
need ?
What will my
success criteria
be?
Targets date for
review and
completion ?
Communication
skills
Problem solving
I will first start
engaging myself
with the people in
various
discussions.
Besides this, I
will attend
vocational
training programs
and try to answer
the questions.
I would take the
help of my
supervisor to get a
deep
understanding
where I lack
behind.
I will gather the
information about
the problem and
summarize it.
Visual aids,
Myer-briggs test,
Scientific
research
Scatter diagram
Pareto chart
This would help
me becoming
more proficient in
my work.
Moreover, I
would be able to
complete my
work before the
target
date(Whysall,
Owtram and
Brittain, 2019).
I would be able to
apply more
brainstorming
techniques to
solve the complex
problems. The
research work
would be more
consistent than
before
6 months
3 months
Document Page
Document Page
1
1 out of 22
circle_padding
hide_on_mobile
zoom_out_icon
[object Object]

Your All-in-One AI-Powered Toolkit for Academic Success.

Available 24*7 on WhatsApp / Email

[object Object]