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

Talent Management Strategy - Research Paper Example

Comments (0) Cite this document
Summary
Talent Management Strategy Name: Institution: Course: Tutor: Date: Introduction With the increased competitiveness in the global economy, it has become a necessity for business organisations to adopt highly productive talent management strategies that give them a competitive edge over rival companies…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER92.1% of users find it useful
Talent Management Strategy
Read TextPreview

Extract of sample "Talent Management Strategy"

Download file to see previous pages This paper will therefore analyse a talent management strategy that links an organization’s goals to talent management strategy in order to gain a competitive edge over rival organisations. The first step in coming up with a talent management strategy is to access the business environment and come up with the important issues that affect the performance of a business both in the long run and in the short run. Strategic context of talent management First, is the visionary aspect of the organisation where it will be concerned with trend spotting; here an organisation scans the environment it is operating in to identify the trends in social, economical and technological activity. In visionary aspect, a company will weigh its effectiveness in translating academic and technical research to business ideas that will give it a competitive edge over its rivals. The explorer aspect of the business involves identifying products for potential growth and markets that are unexploited, in addition, the organisation identifies other organisations with which it can collaborate with in order to increase the volume of its business. The third aspect that organisations can capitalise on is the builder aspect; this involves managing customers’ feedback and determining their preferences. In addition, it will entail developing the products of the organization and adopting the appropriate pricing and advertising mechanisms, the distribution mix, which ensures maximum customer satisfaction, will be evaluated. The lobbyist aspect will involve maintaining a good corporate image with the key stakeholders, presenting the organisations interests within the political environment and lobbying for favourable operating conditions with the regulating bodies. The architect aspect involves recognising technological developments that can be relevant in operations of the organisation, implementing those developments to ensure improved processes and systems. In addition, it oversees planning and implementing of major changes in the organisation structure and practise (Dejoux & The?venet, 2011). Trouble shooter aspect will involve measuring of the corporate activity to be able to identify problems, refocus of an organisations operations for them to be in line with its core aim and tackling problem with high cost operations that have low value hence increasing the productivity of the organisation. The regulator aspect will ensure development of relevant indicators that will be used to monitor and control business activity within the organization, in addition, it ensures the development of standard procedures of operation in order to improve process efficiency and standardisation, establishing financial discipline throughout the organisations activities will also be a part of the regulator aspect. The integrator aspect will ensure the continuous process of improving the employees’ capabilities, it will also be responsible for the continuation and upholding of the business values and ethics. In addition, integrator aspect is responsible for sharing of information, resources and knowledge throughout the organisation. Key components of talent management For an organisation to capitalise on the above aspects, it will require that talent within its employees or externally be identified, the process of identification of talent will be done ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Talent Management Strategy Research Paper Example | Topics and Well Written Essays - 1750 words”, n.d.)
Talent Management Strategy Research Paper Example | Topics and Well Written Essays - 1750 words. Retrieved from https://studentshare.org/human-resources/1484175-talent-management-strategy
(Talent Management Strategy Research Paper Example | Topics and Well Written Essays - 1750 Words)
Talent Management Strategy Research Paper Example | Topics and Well Written Essays - 1750 Words. https://studentshare.org/human-resources/1484175-talent-management-strategy.
“Talent Management Strategy Research Paper Example | Topics and Well Written Essays - 1750 Words”, n.d. https://studentshare.org/human-resources/1484175-talent-management-strategy.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Talent Management Strategy

Implementing Schedule of Time Management

...Running head: PHASE 5 INDIVIDUAL PROJECT PHASE 5: Individual Project Affiliation October 2008 How often have you heard it said that planning is waste of time? No sooner is the plan completed than someone comes along to change it. These same naysayers would also argue that the plan, once completed is disregarded and merely put on the shelf so the team can get down to doing some real work. To people management, we mean the planning activity that involves deciding on the types of people in form of resources that are required to fulfill the requirements of the project. In other words the types of skills and number of workers we need to complete the project (kwysocki, 1997). Whenever we talk about the methods involved in the project management...
6 Pages(1500 words)Coursework

Change Management

In light of these, management must go out of their way to deal with organizational resistance to change because even the most carefully laid out or well-intentioned changes can still meet resistance. Subsequently, an organization’s ability to gain benefits from their change efforts is largely affected by their ability to create environments that encourage support and acceptance from other members of the organization. (Coetsee, 2003)
Some authors assert that resistance to change may be defined as behavior that human beings depict when they are attempting to protect themselves from the effects of change; these effects may be real or they may be imagined depending on the situation under consideration. Others believe that r...
10 Pages(2500 words)Coursework

Company Strategy to the Public Sector

The definition of corporate strategies emphasizes the need for the organization to satisfy the needs of all the stakeholders if the organization is to achieve its overall objective of maximizing shareholder value. Stakeholders include employees, customers and the communities in which the organization operates. Employees, customers, and communities, therefore, have a significant impact on the success of the organization and thus on the corporate strategy of the organization. In formulating corporate strategy, organizations need to identify and priorities strategic issues, which involve scanning, selecting, interpreting and validating information. (Schneider, 1989).
The aim of this paper is to explain the strategy of an organiz...
7 Pages(1750 words)Assignment

Customer Relationship Management

 Consumers started looking for variety and lower prices. Through the use of technology, such customer tradeoff against variety and prices is not necessary. The US life insurance industry is large, mature and dominated by a number of large companies and this industry has been one of the early adopters of computer technology (Subramanian & Chatterjee, 2007). The advent of the CRM systems changed the landscape of the insurance industry.

The health insurance organizations use CRM to prepare health proposals and process applications in a much faster and accurate way. The organizations are better able to understand the needs and habits of the customer and provide more efficient service. Companies are able to integrat...
9 Pages(2250 words)Case Study

Diversity Management in Organisations

..., Robert T., 1995) Subsequently, diversity management strategies may emphasize on disparities among communal groups in a business, polarize assemblages and create arguments in the place of work. (GOLEMBIEWSKI, Robert T., 1995) Thirdly, diversity management schemes may perhaps defy organizational ethnicity, which frequently might be supposed to prohibit or restrict occasions for definite sorting of workers for instance, females, racial minorities or the physically challenged to get sophisticated designations. (GOLEMBIEWSKI, Robert T., 1995) Lastly, it may be complicated to attain diversity in the organizations in nations with extensive paucity where the mainstream of the inhabitants not have adequate access to healthcare and education...
6 Pages(1500 words)Case Study

The Management, Leadership and Teamwork Competencies Required by a Small Business Owner

On the other hand organizational leadership is defined as the ability based on the specific skill of an individual to lead his/her subordinates in a manner that pre-planned organizational goals could be achieved within the defined time-frame.

According to Burns (1978) and Bass (1985), transformational leadership has a set of category constructs such as values, morals, farsightedness, long term goals, principles, acute awareness about the dividing line between causes and symptoms, mission statements, strategic perspectives, and human resources. Similarly, they identify a set of category constructs in the transactional leadership also. For instance concentration on the task at hand, short term goals and tactics, confusion co...
6 Pages(1500 words)Coursework

Information Security Management

Security is a group of activities that include the policies, measures, and actions which are utilized to stop unlawful access or alteration, theft, and physical damage to information or computer. Security can be supported by an assortment of techniques and tools to safeguard computer hardware, software communications networks, and data (Laudon & Laudon, 1999, p. 502). In the modern age of information technology, there are many threats happened for organizational information. We need a security model that has the ability to manage and secure our information reserves. Technical administrative safety /security measures like security plans, actions and techniques are the main practices for the organizational information security m...
10 Pages(2500 words)Research Paper

People, Organisations and Management

Organizations and their management styles have evolved to a great extent in the service and manufacturing industry over the last century, and so have been the concepts of management and its functions. These evolutions can be traced to significant developments brought about by the industrial revolution, scientific management principles such as Taylorism and Fordism, transition of feudalistic to capitalistic approach and others in different sectors of manufacturing industries. However, the beginning of the industrial revolution was characterized by a rigid hierarchical bureaucratic way of organizing business enterprises, a style prevalent even today but only in military service organizations. Nevertheless, the manufacturing and busi...
8 Pages(2000 words)Assignment

Self Assessment: Conflict Management Style

...Please indicate Self Assessment: Conflict Management Style The assessment on conflict management that I took suggests that I am the type of person who tends to cooperate and work with people to achieve a desirable outcome. It suggests that when I am faced with a conflicting situation, although I listen and consider other viewpoints included in the discussion, I carefully evaluate and analyse every detail in accordance to my own. It depicts that I welcome other ideas or arguments but not easily swayed by them for I tend to make my point be heard and accepted as well, creating a really interesting discussion that in turn promotes a win-win situation. Furthermore, the assessment also indicated that second to collaborating attitude, I also...
7 Pages(1750 words)Essay

Management Theory and Practice in the Early Childhood Education Industry

... a higher level of motivation in them. Sharing of information about educational strategy and performance provides employees with the sense that they are trusted. Additionally, it also enables employees to use the knowledge residing within the educational establishment to its fullest potential (Pfeffer, 1998).Thirdly, team working among employees is likely to be more successful if workers are provided a base of information on which to base their suggestions and make contributions to improve performance and productivity (Marchington and Wilkinson, 2005:77). Weber’s bureaucracy theory of management is thus very relevant in the field of education. This theory postulates a stable and predictable organizational model in which rational...
6 Pages(1500 words)Coursework
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.

Let us find you another Research Paper on topic Talent Management Strategy for FREE!

Contact Us