Strategic Human Resource Management

RUNNING HEAD: Strategic Human Resource Management
Strategic Human Resource Management
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Strategic Human Resource Management 1
Contents
Introduction......................................................................................................................................1
The Watershed Group......................................................................................................................1
Talent Management in SHRM.........................................................................................................2
Implementation of Talent Management in Watershed Group.........................................................3
Organization’s Need of Talent Management...............................................................................3
Talent Management Framework..................................................................................................4
Talent Development and Training...............................................................................................5
Leadership Development.............................................................................................................7
SHRM Issues...............................................................................................................................7
Conclusion.......................................................................................................................................8
Recommendation.............................................................................................................................8
References........................................................................................................................................9

Strategic Human Resource Management 2
Introduction
The purpose of this report is to enlighten the reader about the strategic human resource
management practices. The topic chose from the strategic human resource process is talent
management. Talent management refers to the commitment of the organization to recruit, retain,
hire and develop the most capable and talented people present in the job. It refers to the
anticipation of the human resource of the company and the planning of the management to meet
those requirements. Further talentship refers to the effort of the organization to allocate the talent
for the organization as a decision science (Berger, and Berger 2011). The below mentioned
report enlighten the reader about talent management strategies of the company Watershed Group.
The company is situated in different parts across Europe and manufactures their product in
Europe only. Further, the report evaluates details about the practice and implementation of talent
management in the company. It also discusses the training of talent management in the company
along with various issues faced by them. The reports end with the discussion of various
recommendations that can help the company to grow. Further, more details about the report are
discussed below:
The Watershed Group
Watershed Label Centre was originated in the year 1992 by Tom Waters with a vision to create a
Watershed Group as an Irish and International supplier of self-adhesive labels and packaging. In
the current environment, the company has grown from a single manufacturing plant at Dublin,
Ireland to a worldwide-expanded print packaging company. CEO of the company Liz Waters
helped the management to grow and expand its business in the whole of Europe. The company
believes that innovation and expansion is the key to growth in any business. They believe that
they need to offer something extra to the customers so as to maintain their competence in the
target market. The company is located at Dublin, UK, Germany, Tipperary and Poland.
Watershed Group provides the best and most efficient labelling, manufacturing and packaging
services across Europe. The company is based in an industry where innovation is very important
as such innovation only will help them to provide a greater level of satisfaction to the customers
in the target market. The company provides the best labelling solutions for beverages, food, retail

Strategic Human Resource Management 3
and consumer goods in the market. The management of the company is time efficient as they
successfully make use of all the available resources and provide the services on time to the
customers (Watershed Group 2018). The company holds experience of almost 30 years in
providing qualitative, self-adhesive labels and packaging services to many innovative and
multinational brands. The company also provides end to end solution that makes the customers
more satisfied in the market.
Talent Management in SHRM
Talent refers to something that is worthy for the management to develop the business process.
Further, talent management is the first step towards strategic human resource planning. It is the
process of management under which the business initiate human resource management practices
to improve the business value, also make it possible for the management to reach their goals as
well. A talent management strategy appropriately links the business strategy with the functions
of the company in an organized and more appropriate manner. McKinsey and Company coined
the term talent management in strategic human resource in the year 1997. The system of talent
management is used in business by delegating the responsibilities to line managers to deal with
the employees their retaining facilities (Collings, and Mellahi 2009). In the implementation
process of talent management in an organization, the management needs to openly share
information with the employees so as to provide them knowledge about the overall objectives of
the company. Talent management is the ability of the organization to retain, produce and recruit
most talented people for the organization and train them to increase the efficiency of the
company (Scullion, and Collings 2011).
The fact should be noted that it is important for the business process to find, attract and retain
talent in the target market as it is one of the most important drivers of success for the company. If
an organization has adequate talent with them along with highly efficient training team then the
business will never fall down. People are the most important resource for any business as they
are the men who work behind the machines and bring productivity from such machines. It is a
most crucial task for the business to identify the right type of talent who will match to the
business profile (Al Ariss, Cascio, and Paauwe 2014). Further, the talent management techniques
in the 21st century have been changed as companies have now started considering various factors