Response to managing talent across different age profiles
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This document discusses the talent management strategies used by Amazon to attract, develop, motivate, and retain high-performing employees of different age groups. It explores the influence of talent management on organizational success and the equal opportunities offered by Amazon based on age profile.
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Table of Contents INTRODUCTION...........................................................................................................................3 TASK 1............................................................................................................................................3 P1) Aims & objectives of research.........................................................................................3 LITERATURE REVIEW................................................................................................................4 M1: Produce a comprehensive project management plan, milestone schedule and project schedule for monitoring and completing the aims and objectives of the project...................4 REFERENCE...................................................................................................................................6 Title:“Response to managing talent across different age profiles” a case study on Amazon
INTRODUCTION Talent management is a process that is methodically organised that is strategic process of getting right talent and helping in utilisation of optimal capabilities according to organisational objectives. It is a processthat involves identification of vacant positions and talent gaps according to suitability of candidate and then development of needs with a future perspective. Amazon is a American multinational organisation that is based in Seattle, Washington. It was founded by Jeff bezos in 1994. it was started as a online market of books and now has expanded across software, electronics, furniture, apparel, toys, jewellery.Presently there is discussion based on comprehensive project management plan with a milestone schedule that will be governing all different aspects of research report. TASK 1 P1) Aims & objectives of research Research aim:Aim of the research is “To analyse the processesused by the managers of Amazon to attract, develop, motivate and retain high performing employees of different age groups”. Objectives: 1.To analyse the the types of strategies that Amazon is using to attract and retain talented workforce. 2.To analysethe influence of talent management over the organisational success. 3.To investigate over the way Amazon offers equal opportunities to its employee based on age profile. Research Questions: 1.What are different strategies that can be used by Amazon for attracting and retaining of talented workforce? 2.What is the influence of talent management on organisation;s success? 3.How amazon is able to offer equal opportunities to their employees according to criteria of their age?
LITERATURE REVIEW According to views of Susan Heathfield, 2019 talent management is part of commitment torecruit, hire, retain and develop the superior and talented employees. With instance to Amazon talent management is a a process that is using of data driven recruitment strategy for mitigation of risk and identification of opportunities that an assist in mitigate the shortfalls of talent. In Amazon there is focus on job Candidates with top quality profiles (Khan, 2019). There is estimation to hire employees with more accuracy and creation of best candidate experience. Amazon HR managers are willing to hire talent from diverse talent according to best interest of organisation. There is focus on building up of realistic plans of hiring employees in case of high risk situations that is large competitors present that can create unnecessary burden of cost and lead to reduction in productivity (Lawler,2017). The hole HR department is using information for making future workforce decision that is identification of best recruitment sources and hiring qualitycandidatesforimpendingtalentshortfalls.Therearefinitenumberofqualified employees that are focussed according to efforts and then hiring of quality profiles according to vacancy (How to Compete For Talent Against the Amazons of Your Industry–and Win, 2020). M1:Produceacomprehensiveprojectmanagementplan,milestonescheduleandproject schedule for monitoring and completing the aims and objectives of the project. Project management planis a tool hat is used for developing a overview of different aspect that are part of every research. It is used for research facilitation and providing guidance to manage different research activities. The Project management plan is mentioned below: Cost:It is the financial requirement of whole research work. In this there has to be arrangement of financial resources to ensure that all activities of research are timely completed. Scope: the scope of research is to ensure a in depth analysis and draw conclusions according to the way talent is being managed in Amazon. The results from this research will be used for managing further talent in other similar organisations. Resources:There is need of certain crucial resources to ensure that research is timely and properly completed. Such as it includes newspaper, magazines, journal articles, books to draw
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relevant information that is used for reaching to reliable conclusions (Tatoglu, Glaister and Demirbag, 2016). Risk:There is always presence of risk that is no timely completion of research, lack of resources, not achievement of laid objectives, all these issues have to be timely solved by researcher to deal with such anticipated risks. In Present research work there is application of techniques such as Work breakdown structure and Gantt chart to allocate work according to available time period. Communication:Inwholeresearchprojecttherehastobeuseofappropriate communication techniques so that there can be tracking of the progress made by the research in the project.There can be use of techniques such as mails and telecommunication for having direct communication channels with other group members during the research work is in process.
REFERENCE Books & Journal Khan, Z.A., 2019. Talent Management Practices, Psychological Empowerment and Innovative WorkBehavior:ModeratingRoleofKnowledgeSharing.CITYUNIVERSITY RESEARCH JOURNAL,9(3). Lawler, E.E., 2017.Reinventing talent management: Principles and practices for the new world of work. Berrett-Koehler Publishers. Tatoglu, E., Glaister, A.J. and Demirbag, M., 2016. Talent management motives and practices in an emerging market: A comparison between MNEs and local firms.Journal of World Business,51(2), pp.278-293. Online How to Compete For Talent Against the Amazons of Your Industry–and Win, 2020 [online], Available through<https://www.visier.com/clarity/how-to-compete-for-talent-against-amazon/>