Talent Planning and Success of Organisation (Assignment)

Added on - 22 Nov 2020

  • 14

    Pages

  • 4568

    Words

  • 11

    Views

  • 0

    Downloads

Trusted by +2 million users,
1000+ happy students everyday
Showing pages 1 to 4 of 14 pages
Talent planning and success ofOrganisation
Table of ContentsINTRODUCTION...........................................................................................................................3TASK 1............................................................................................................................................3P1. Current labour market trends that influence talent management and workforce planning...3P2. Different types of legal requirements for workforce planning.........................................4TASK 2............................................................................................................................................5P3 Current labour market trends and legal requirements determine current and anticipatedskills requirements for a range of organisational examples...................................................5TASK 3............................................................................................................................................6P4. Job description and person specification documents for effective recruitment and selection................................................................................................................................................6P5. Different recruitment and selection method.....................................................................8TASK 4..........................................................................................................................................10P6. Evaluate the stages of the HR life-cycle applied to specific HR contexts.....................10P7 Stages of the HR life-cycle are integrated within organisational HR strategy................11CONCLUSION..............................................................................................................................11REFERENCES..............................................................................................................................13
INTRODUCTIONResource and talent planning is an important function that involves coordination fromrecruitment team and business in different featureslike analysis on forecast of requiredresources, selection of proper hiring channel selection and networking to attain the goals andtargets of an organisation.The present report is about Argos, which is a British catalogue retailercompany founded in 1972 by Richard Tompkins. Argos is subsidiary company of Sainsburywhich is headquartered in England. This report emphasizes on the purpose of analysing thecurrent labour market trends that are influenced by talent management team organisation(Armstrong and Taylor, 2014). The study entirely will show the different kinds of legalrequirement at the time of workforce planning. In addition, with this, it also includes jobdescription and person specification documents for effective recruitment and selection method.Further, the report also elaborates about different types of recruitment and selection method. Atlast the report is end up by describing the HR life cycle and various strategies that can be used byan HR manager so that it can be beneficial in achieving goals and objectives of a company.TASK 1P1. Current labour market trends that influence talent management and workforce planning.To understand the concept of talent planning, firstly it is necessary to see that what istalent, and here talent refers to an Individual who are of specific value to an organisation either inperspective of their ‘high potential’ for the future or because they are accomplishing businesscritical roles. Talent management is the skill of attracting highly skilled employees, by integratedset of activities, and developing and retaining existing workers to meet current and futurebusiness goals and objectives.The current labour market trends and their influence on talentmanagement and workforce planning are outlined below -
1.GlobalisationGlobalisation is means by which different organisations can influencetheir business at global scale. This has been bought to enhance integration of the labourmarkets and also closing gap among employees in advanced as well as developingeconomies. The globalisation trend develops its outcome on the workforce planningbecause it permits to the staff members or labours to work under HR legislation and lawsin different countries.In other words,Globalisation is the process which is used for therelationship that different organisation share while trading with each other at globallevel. There are different ways by which globalisation has helped companies tomake huge profits and increase their brand value across the globe. As globalisationtook place around the world, it gave rise to the concept of recruiting of people inexternal countries.2.UrbanisationUrbanisation refers with the number of peoples who are living in townsand cities. In this, all peoples of rural areas displace themselves in urban areas, and thischange result in the growth and enhancement of urban peoples in their area. In respect ofworkforce planning, this trend helps in provide the good and best opportunities for job topeople and provide talent to Argos company. On the other hand, it will also aid inenhancing employment rate and national income rate.Apart from this,People who moveto cities have more income then farmers of village, so as urban populations increases,individual will spend their currency on durable goods such as homes and furniture, anddiscretionary purchases such as electronics and clothes. Therefore, the organisation likeArgos can take advantage of this trend even better than constituted challengers if they arequick enough to provide to the unsteady tastes of these new classes of groups.3.Technology change-Technology helps the organisation in increasing the productivityand profitability of business organisation (Briscoe, Tarique and Schuler, 2012) . Underthis, Argos company adopt the modern technologies to enhance the growth of theirbusiness in market, and they also have to trained their existing employees about moderntechnologies, so that they can effectively use the new technologies and help them inattaining their goals and objectives. With the help of adopting artificial technology, Argoscan also hire the candidates that results in reduce cost.Along with this, for theorganisation like Argos,digital technology is very beneficial as more and morecompanies are discovering by integrating the technology, by this they can growing
desklib-logo
You’re reading a preview
Preview Documents

To View Complete Document

Click the button to download
Subscribe to our plans

Download This Document