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Retaining Top Talent - Assignment Example

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Summary
The paper 'Retaining Top Talent" states that the changing employment dynamics now account for a number of necessary changes in order to attract and retain top professionals. Focusing on procurement professionals, the author focuses on the growing importance of the function in every organization…
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Retaining Top Talent
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Extract of sample "Retaining Top Talent"

Thus, in order to satisfy them, organizations need to break their cultural mindset and be more flexible towards conditions that complement their performance. The article suggests that the procurement leader needs to be opening minded so as to how to make each member of his team feel at ease. Since the millennials have always been technologically savvy and require technologically sound facilities that can facilitate their work process, the leaders of procurement teams should accommodate them and allow them the discretion of doing things their way to a certain extent and recognize them for the outcome of their work.

Today’s professionals are generally inquisitive about the why the aspect of every decision and require logical backing for every instruction they are given. Technology might increase their work efficiency and time consumption rate but their thought process is also enhanced d as a result thus they prefer to work in organizations that are transparent and have their decisions clearly laid out for all the participants to reason, comprehend and ultimately act upon them effectively. Another aspect covered in the chosen article is that of continuous training and development.

Professionals of today seek organizations that provide them with the adequate training that hones and nurtures their existing knowledge and help them gain sustainable knowledge that is periodically enhanced through training sessionsCONCLSUIONIn a nutshell the article suggests that the procurement leaders need to be open to change and strive to continuously equip their organization and teams with the latest technology in order to attract new and facilitate existing employees. The article also proposes that focus on training and development and a certain extent of decision-making powers are attractive features for prospective employees.

In my opinion, the article adequately summarizes the prevalent change in the professional market and its implications for organizations, especially the procurement function. In addition, I’d like to add that the employees tend to feel more involved when they are allowed to participate in the decision making. Thus, team leaders also need to focus on making their teams unified in order to make sure that every member feels involved and more committed to the job.

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