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Analyse and evaluate the overall HR strategy, especially in relation to manpower planning and talent management - Coursework Example

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In this 21th century world economy, firms and business enterprises such as, TNNB Ltd have no choice but to consistently invest in human resource as a primary goal of their mission. For, the company to realize cohesion between systems engineers and their mechanical design…
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Analyse and evaluate the overall HR strategy, especially in relation to manpower planning and talent management
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Download file to see previous pages Therefore, in the perspective of workforce sequences such as change in customer preference and technology in the field of engineering and mechanical design technology.
Future oriented organizations such TNNB must consider rethinking of their view of human resource management strategies, which have key internal and external factors affecting them in an organization. Radical changes have to be undertaken in the company regarding various human resource management variables that will help manage current and future human capital in the organization. These factors are social, technological and depend greatly on the environment in which the human capital is located. The organizations success depends on the design and implementation strategy that human resource has. These strategies should be linked to the employee of the organization and other external factors such as the government. Human resource strategies should also analyze all the dimensions of TNNB systems such as nature of staff their skills and abilities, stakeholders and the current market trends in the industry. This will help the management to predict thus manage their labour force leading to maximum labour output. In addition, the culture within the organization, leadership from the two project managers and employee engagement has a crucial role to play in talent retention (Amos 2008 pg45). The management should consider these factors in order to develop an integrated framework in talent management; this will help the organization to develop a pathway for outstanding business performance.
In an organizational set up such as TNNB, it is common knowledge that team managers should add more value in the corporation. This will help reduce tension between the two engineering departments. The best strategy of doing this is by converting the engineers and other sub ordinate staff in to business partners of ...Download file to see next pagesRead More
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