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Resource and Talent Planning

   

Added on  2023-01-06

15 Pages4879 Words1 Views
Resource and Talent
Planning
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Table of Contents
INTRODUCTION...........................................................................................................................3
TASK 1............................................................................................................................................3
P1 Analyse current labour market trends that influence talent management and workforce
planning.......................................................................................................................................3
P2 Explain the different types of legal requirements which organisation must consider in
workforce planning.....................................................................................................................5
TASK 2............................................................................................................................................6
P3 On the bases of current labour market trends and legal requirements determine skills
requirement within the organisation............................................................................................6
TASK 3............................................................................................................................................7
P4 Produce appropriate job description and person specification document for effective
recruitment and selection............................................................................................................7
P5 Different recruitment and selection methods for effective talent resourcing and planning...8
TASK 4..........................................................................................................................................10
P6 Stages of HR life-cycle in the context if human resource department................................10
P7 Evaluate how HR life cycle stages integrated within organisational HR strategy...............12
CONCLUSION .............................................................................................................................12
REFERENCES .............................................................................................................................14
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INTRODUCTION
Resource and Talent Planning is a important function that involves various business
aspects such as resource planning and forecasting, identifying and selecting of hiring channels,
etc and perform work in coordination with recruitment team (Ashton, Maguire and Spilsbury,
2016). This organisational function is responsible for identifying the key talent from the market
with the ability to provide competitive advantage and help in achieving short term and long term
objectives. The organisation chosen for this report is Unilever. The company is a multinational
consumer goods company dealing in food products, beauty products, medicines, etc across the
globe. Unilever is one of the oldest multinational company, established by William lever and his
follow teammates in London, UK in year 1929. The report covers following topics- current
labour market trends that influence talent management and workforce planning, different type of
legal requirements an organisation must consider in workforce planning, on the bases of current
labour market trends determine the skill requirements for organisational functioning, produce
appropriate job description and person specification documents for effective recruitment and
selection, different recruitment and selection methods for effective talent resourcing and
planning, stages of the HR life-cycle applied to specific HR contexts and stages of HR life-cycle
are integrated within organisational HR strategy.
TASK 1
P1 Analyse current labour market trends that influence talent management and workforce
planning.
Labour market dynamics are changing continuously and is undergoing a drastic shift as
unemployment is increasing and at the same time there is lack of specialized talent available in
the market (Berman, 2019). Where as its the responsibility of workforce planning to hire and
align the requirements of the business regarding employees need and focus on developing new
employment trends. The current market trends which are influencing workforce planning are-
Aging Populations- Many developing countries are facing problem of continous
decrease in the working population. All the young talent is been acquired by developed
countries because of fast aging population and will lead to recruitment problems in
coming future. In context of Unilever, it is one of the largest company dealing at
international level with wide range of products and requires young age employees to
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carry out its marketing activities and to maintain its brand position in the market place.
Thus, current marketing trends are influencing the companies talent management and
workforce planning (Bicer and Dincer, 2018).
More Opportunities, Fewer Skills- There are N number of opportunities available for
job seekers due to which the companies are facing problem of skilled and talented
employees. With the development and advancement in technology that is use robotic
automation, use of internet and artificial intelligence has negative impact on the
performance and skilled employees are quite few in number. In context of Unilever, the
requirement of skilled employees is high in order to formulate the strategies for business
operations.
Industry 4.0- The fourth industrial revolution has changed the structured of employment
that is an increase in computerizes based job is in trend. Although its not a bad news
because industries are becoming technology friendly. Here by still there is requirement of
employees for manual worked that is not all activities and tasked can be performed using
software systems and technology. In context of Unilever, the demand in market for its
products is increasing but they are facing problem in carrying internal activities due to
employees as lot of issues are occurring in recoding of store sales as they have changed
the method of supply in their systems.
Data- Considering the current mode of operations in most large scale companies, there is
a high possibility of data fraud, error and misuse because almost every data is accessible
from different locations (Bratton and Gold, 2017). In context of Unilever, this data
information problem is effecting the operations of business and leading to
miscommunication. Company has quite big number of customer data which can be
hacked and misused. This will have negative impact on the goodwill of company as
customers will no longer trust the brand and lead to decrease in sales and profit volume.
P2 Explain the different types of legal requirements which organisation must consider in
workforce planning.
Workforce planning is the process of determining and regulating the workforce supply
and demand in the organisation with the motive of providing high performing resources(human).
There is a great requirement of legislative activities in the field of employment law in order to
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