Macro Environmental Assessment of Talent Management Systems in ProfessionalCo

Running head: TALENT MANAGEMENT
TALENT MANAGEMENT
Name of the student
Name of the university
Author note

TALENT MANAGEMENT1
Executive summary
The report has taken steps to develop a coherent understanding of the issues that are being
encountered by ProfessionalCo due to ambiguities in the talent management systems that are
followed by the business. The report clearly delineated a contextual macro environmental
assessment of the situation encountered by the concerned organization and the recommended
activities that might be considered by the business. The major issue that are being encountered
by the organization are subject tothe lack of transparency and heterogeneous talent based
definitions created by the HR personnel of the business units. On the contrary, the lack of
integrated functioning of the business units while following the talent based requirements of the
corporation has challenge the abilities of the venture in continuing with the efficacy of the talent
based operations. The lack of suitable technologies in recruitment processes has affected the
abilities of the venture in continuing with efficient talent management process. The report also
suggested recommended activities to the concerned organization like creation of concrete
policies and procedures and circulating the business among the different business units. The
concrete policies relating to talent management would assist the venture in increasing the
prospectives of the business while making recruitment of talents while following the process
based requirements. On the contrary, the concerned organization might also develop suitable
technologies for screening the candidates with the objective of continuing with the efficacy of
the recruitment process. Therefore, the major purpose for undertaking the report is to identify the
major issues that are being encountered by ProfessionalCo and the recommended activities that
might be commenced by the business.

TALENT MANAGEMENT2
Contextual analysis
The utilization of the talent management principles in an organization supported the
business in enhancing the efficacy of the operations while following the process based
requirements of the business. The diverse range of changes in the organizational operations
supported the venture in increasing the prospectives of the business while operating in the global
economies. On the contrary, the delineation of the macro environmental factors assists an
organization in enhancing the rate of operations while recruiting viable talents while following
the smooth functioning base requirements of the processes. In this relation, ProfessionalCo
operates in the different regions of the world from its headquarters in Asia-Pacific or global
headquarters. However, it has been noticed that the HR and non- HR personnel of the business
units defined talent in their own sense without encountering interventions from the headquarters
of the organization. It affected the recruitment policies of the venture due to ambiguity in the
talent recruitment and retention strategies which affected the operations of the venture while
operating in the global economies.
The concerned organization developed their resource base with the objective of
delivering a variety of services like consultation and accounting. Therefore, the business units
undertook different policies relating to their diverse talent management systems which created a
situation of ambiguity. McDonnell et al. (2017) opined that the efficient talent management
related operations of an organization assist the business in continuing with the efficacy of the
operations while following the requirements of enhancing the processes. However, in this
relation, the lack of integrated and planned functioning of the talent management systems in the
organization affected the abilities of the business in continuing with the efficacy of the talent
acquisition and retention strategies. On the contrary, the lack of suitable monitoring and