The Effectiveness of Current Talent Management Strategies adopted by Aurecon Group Research Paper 2022

Running head: TALENT MANAGEMENT STRATEGIES
The Effectiveness of Current Talent Management Strategies adopted by Aurecon Group
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TALENT MANAGEMENT STRATEGIES1
Table of Contents
Task 3...............................................................................................................................................2
Task 4...............................................................................................................................................4
References........................................................................................................................................6

TALENT MANAGEMENT STRATEGIES2
Task 3
Succession planning →
The research of Hosseini, Barzoki & Isfahani (2018) say that succession planning
significantly produces the leaders of the future, thus giving the succession planning execution
team a real chance to nurture this talent. However, the implementation of succession planning
requires some real efforts from the management of a company. Aurecon, as found in this study
lacks an infrastructure to support succession planning. According to this article, Aurecon can
effectively manage succession planning by considering a few things such as long term planning
and policymaking in context to succession management as well as implementation. Management,
consultants and HRM apart from enabling the use of valuable academic research findings should
also assess the value of using these solutions.
Managing millennials →
In the research of Jyoti & Rani (2019), mentoring for new hires is a must-do thing for
modern organizations. They are less likely to find their work as a burden. They will also be not
frustrated and stressed by an ample amount of tasks they do on a daily basis. Mentoring can
essentially reduce the burnout rate of new hires. Mentoring provides psychological support to
employees. Mentoring can be effectively implemented by establishing regular discussion and
information sharing with employees. Leaders of the company should take time out of their busy
schedules to focus on mentoring and arranging necessary programs and activities to conduct
mentoring of new hires.
Lack of diversity →