StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

Analysis of Retaining Top Talent Key to Procurement Organizational Success Article by Jean Clark - Assignment Example

Cite this document
Summary
"Analysis of Retaining Top Talent Key to Procurement Organizational Success Article by Jean Clark" paper analyzes the article the main points which include the dilemma that organizations face when their most talented employees quit and join other organizations after being offered career opportunities…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER92.6% of users find it useful
Analysis of Retaining Top Talent Key to Procurement Organizational Success Article by Jean Clark
Read Text Preview

Extract of sample "Analysis of Retaining Top Talent Key to Procurement Organizational Success Article by Jean Clark"

After successful hiring, the next big issue is whether the organization will be able to maintain these individuals’ engagement, maximize their potential for high-quality work and finally be able to retain them for a long within the organization.

Some of the things that they mention that can assist strengthen a procurement team include but are not limited to offering strong benefits packages and/or flexible working conditions. The other thing that can strengthen public procurement professionals is offering training and development and making sure that their employees are professionally certified. Apart from that, the modern-day procurement team will require current communication and technology tools. For instance, they also need remote access to e-mail and voice mail since the team strongly desires and relies on technology and software to perform their duties efficiently and effectively.

This is because Millennials are the most technologically savvy generation to date and cannot stay a single day without the use of the internet or its associated devices. They have got information available to them just at the click of a button or the sound of their voices (Jean, 2014). For the procurement team to be able to stand strong, it needs these professionals to have all these types of gadgets at their disposal. These are the modern-day professionals who come to the working environment with specific resource expectations which have to be met to satisfy their requirements.

Apart from that, procurement professionals need to be equipped with knowledge of best practices and a roadmap for continuous development should be made available to them. The procurement team therefore should be equipped with tools commonly available in today’s environment. This will help fellow employees to complete tasks independently and finally want to be evaluated on the outcome versus the road taken to achieve the outcome. The article concludes that for the procurement organization to gain and retain top talent, every procurement leader must embrace continuous improvement, change, technology, and constant learning and advancement.

Without such kind of forward-thinking, transformative focus, the roadmap is clear, the organization will keep struggling to gain and retain “top talent”. This struggle will have a dramatic impact on the overall organizational performance. The organization thus should not be afraid of growing slowly, but only of standing still (Jean, 2014). I do agree with all the things discussed and suggested in this article. They are not only important but also timely and an organization worth it's salt must not only embrace the current technological advances but also invest massively in the most modern and up-to-date technology that will assist in accomplishing the organization’s goals.

There isn’t a single thing I would revise in this particular article unless for the proposal that a procurement organization should invest heavily in research on modern technology and employee satisfaction. 

Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Assignment 5 Example | Topics and Well Written Essays - 500 words - 3”, n.d.)
Assignment 5 Example | Topics and Well Written Essays - 500 words - 3. Retrieved from https://studentshare.org/business/1647933-assignment-5
(Assignment 5 Example | Topics and Well Written Essays - 500 Words - 3)
Assignment 5 Example | Topics and Well Written Essays - 500 Words - 3. https://studentshare.org/business/1647933-assignment-5.
“Assignment 5 Example | Topics and Well Written Essays - 500 Words - 3”, n.d. https://studentshare.org/business/1647933-assignment-5.
  • Cited: 0 times

CHECK THESE SAMPLES OF Analysis of Retaining Top Talent Key to Procurement Organizational Success Article by Jean Clark

Adoption of Strategic Human Resource Policies and Practices at Watson Rothwell Fabrications

In the light of the phenomenal success recorded by Watson Rothwell Fabrications within this short time span, it is imperative that management should begin to project itself into the global manufacturing environment in order to establish its cutting edge operations in the global market place... Continuing, the authors cite the fact that "It has become a widely held premise that people provide organizations with an important source of sustainable competitive advantage (Prahalad, 1983; Pfeffer, 1994; Wright, McMahan, & McWilliams, 1994) and that the effective management of human capital, not physical capital, may be the ultimate determinant of organizational performance (cf....
11 Pages (2750 words) Case Study

Globalization and the Management of diversity: The Response of Dubai-based Corporation

The primary purpose of this study is to explore the relationships among variables related to acceptance of diversity programs by majority workers in Dubai, the relationship between the level of support and involvement of executives and managers, and the success of diversity programs as measured by the retention of minority employees.... Hypothesis 1: Diversity Programmes and Minority success 615.... Hypothesis 2: Managerial Involvement and success of Diversity Programmes 635....
88 Pages (22000 words) Dissertation

A Research Proposal for Analysis of Management Competencies for the British Construction Industry

For that reason, the constant emphasis on project management as the answer to institutional success is being maintained, thus, the significance of Project Management knowledge and skills (Omoteso, Owusu-Manu and Dogbega, 2011, pp.... key features of project management performance in the construction sector demands that projects are administered within the stipulated time and cost (Chen et al, 2011, pp.... These impediments are a result of management matters, which leave the key players of such projects...
15 Pages (3750 words) Essay

Retaining Top Talent

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.... It is mentioned that it is important not only to attract and employ the top talent but also to provide them with a suitable work environment that is considerate of their needs as professionals (Clark).... 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....
2 Pages (500 words) Assignment

Retaining Talents in Multinational Enterprises

However, while talent management is critical in MNEs for both short-term and long-term success, the top management tends to fail in terms of the need to improve the skills of their workers.... As such, MNEs need to recognize the role of talent management as a way of improving performance.... For instance, most of the MNCs are centrally managed from the headquarters and this creates rigidity in their subsidiaries in terms of giving the middle management the mandate to provide training and promotion of the local personnel as a way of managing the diversity of talent in MNCs (Story et al....
8 Pages (2000 words) Essay

Analysis of Talent Management

The 'war of talent' had revealed that greater management awareness, about the importance of retaining as well as attracting the right people, is essential for an organization to survive in the competitive world.... This article discusses the talent management process.... The essay focuses on talent management and competitive advantage.... In the phase of globalization, talent management forms an integral part of the business strategy of the organizations....
12 Pages (3000 words) Research Paper

HR Planning, Retaining and Managing Talent at Virgin Blue

Further, a job description is an excellent means to showcase the organizational values and goals.... The paper "HR Planning, Retaining and Managing talent at Virgin Blue" focuses on the HR planning, recruitment, and selection strategies of Virgin Blue.... The paper also discusses the issues related to retaining and managing talent and how HR planning can be integrated with other HR functions....
12 Pages (3000 words) Assignment

Influence of Traditional Chinese Values on the Ethical Behaviour of Managers in China and Singapore

n another related study, Pant et al (1996) found that matrix organizational structures do not work as well in Nepal as they do in the West due to the greater bureaucratic orientation of Nepalese managers.... Generally, the paper "Influence of Traditional Chinese Values on the Ethical Behaviour of Managers in China and Singapore" is a good example of a management thesis....
65 Pages (16250 words) Thesis
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us