Talent Planning and Success of Organisation (pdf)

Talent planning and success
of Organisation

Table of Contents
INTRODUCTION...........................................................................................................................1
TASK 1............................................................................................................................................1
P1 Current labour market trends that influence talent management and workforce planning....1
P2 Various types of legal requirements an organisation must take into account when
workforce planning.....................................................................................................................2
TASK 2............................................................................................................................................3
P3 Current labour market trends and legal requirements determine current and anticipated
skills requirements for a range of organisational examples........................................................3
TASK 3............................................................................................................................................4
P4 Job description and person specification documents for effective recruitment and selection
.....................................................................................................................................................4
P5 Various recruitment and selection methods for effective talent resourcing and planning.....6
TASK 4............................................................................................................................................8
P6 Stages of the HR life-cycle applied to specific HR contexts. ...............................................8
P7 Stages of the HR life-cycle are integrated within organisational HR strategy......................9
CONCLUSION..............................................................................................................................10
REFERENCES..............................................................................................................................11

INTRODUCTION
Human Resource Management refers to strategic approach to better management of
people in company, so that they can assess in gain competitive benefits. Resource and Talent
planning refers to a function that includes coordination from the recruitment team as well as
business in different aspects such as networking and selecting of hiring channel, analysis of
required resources etc. It ensures that company is able to determine as well as attract key people
with capability to develop the competitive advantage (Armstrong and Taylor, 2014). These both
are the necessary factors which are important for success of company. This present report is
based on Argos which is a British Catalogue Retailer that operating its business in Ireland and
United Kingdom. Under this mention report will be discuss about current labour market trends
that can influence the workforce planning and talent management. Various recruitment and
selection methods for better talent resourcing as well as planning will be mention here in detailed
manner.
TASK 1
P1 Current labour market trends that influence talent management and workforce planning
Talent refers to an individual that are of the specific value to company either in regards to
their high potential for future purpose. Talent management defined as skills to attract the highly
skilled, profitable etc. to develop as well as retain the current employees in order to meet the
current and also future business objectives.
Current labour market trends and their influence on talent management and workforce
planning is mentioned below:
Technology change- Technology is a main factor that help in enhancing the productivity
as well effectiveness of business (Cascio and Boudreau, 2016). The technological change permit
to producing same amount of products with minimum input quantity, capital etc. In context to
the workforce planning, Argos company can adopt the modern technologies to search the
candidates and also hire them for the vacant position. Technology develops the positive impact
on workforce planning. In context to talent management, cloud based technology, social media
have taken recruiting and HR desk from paper based activities and also turn it faster.
Globalisation- It is a process through which the business and some of the other firms
develop their international influence to operating business at international scale. The
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globalisation contributes to enhance integration of the labour markets and also closing gap
among employees in advanced as well as developing economies. The globalisation trend
develops its impact on the workforce planning because it permits to the staff members or labours
to work under HR legislation in various other countries.
Urbanisation- It is an enhance in number of people which living in cities and towns.
Under this, people are shifted from the rural area to urban and it result in growth of urban
population. In context to workforce planning, this trend helps in provide the better job
opportunities to people and provide talent to Argos firm (Elegbe, 2016). On the other hand, it
will help in promote employment rate and national income rate.
Political uncertainty- This trend develops its negative impact on talent and workforce
planning because the politics of every country is different from the each other. Political
uncertainty develops its effect on the workforce planning because if the government will make
change in its policies then the recruitment and selection process of Argos firm will also be
impacted. It will have to make change in its existing process as well as policies.
It has been evaluated from the above discussion that change in technology, globalisation,
political uncertainty and urbanisation are the current market trends which develop their impact
on workforce planning as well as talent management. These all develop mainly the negative
impact due to the rapid change. On the other hand, these all affects the working situations or
conditions of company as well.
P2 Various types of legal requirements an organisation must take into account when workforce
planning
Workforce planning refers to continuous process that is mainly used to align priorities
and requirements of company with those of workforce to assure that it can be meet with
regulatory, production needs, legislative and also organisation aims. It is a strategy that is used
through employer of Argos in order to anticipate the needs of labour and deploy workers in an
effective manner. Under this, there are some workforce planning mention below as above:
Employment policy and dismissal- Under this, at the time of joining of new employees,
company form a contract and on this all legal requirements or the working conditions are
mentioned. So, it is necessary for employees to follow all regulations while working.
Reward system- In this, Argos firm set some proper structure to provide the minimum
wage to its employees as rewards. The wage will be fixed for them so that they can be motivated.
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