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A Report to the ABC Coal - Essay Example

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A REPORT TO THE ABC COAL Name: Institution: Talent Management Plan Analysis/Diagnosis Strategic issues are critical challenges that affect the general performance of an organization. In connection to this, strategic planning is concerned with determining the future of an organization, achieving the set goals and working towards them…
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A Report to the ABC Coal
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Download file to see previous pages For this to be met, true partnerships and cooperation have to be created with everyone associated with the industry including the shareholders, employees, customers, and the community at large. ABC Coal’s strategies touch on ensuring safety environment performance and working in partnerships for good produce; creating a sense of value including the reduction of real costs and improving the industry constantly through giving the workforce the right support and encouragement. If all these strategic objectives are met, the industry would be talking of nothing but very minimal problems that will affect the overall performance. However, has the company achieved all of these objectives? If not, is it possible to achieve them? How can they be achieved? Taking consideration on the current workforce in ABC Coal, there are several questions that can be brought up, including how to ensure a balanced workforce with the right number of people in respective job roles to ensure maximum and reliable produce. How can the industry prevent total absence of people in critical job roles that can affect the overall performance of coal production? ABC Coal anticipates growing and considers expanding the existing operation and developing new mines due to the increases in demand of the produce especially from India and China. This will lead to an increase in the workforce and hence productivity of the industry. The Venus Mine is a major mining field that can produce about 7.8 million tons of coal annually, which is exported to three major countries including Japan, Korea and South Korea. There is also an ongoing project called the Mars Project which is established so as to expand the Venus Mine. One of the key benefits of this project is an increase in job opportunities among income from exporting, revenue and significant royalties and tax from both the government and the state. This has also called upon more workforce to the industry which prompts strategic planning so as to balance the increasing workforce with the budget of the industry paying attention to the wages of the employees. Critical Jobs Internal and External Supply The critical job roles are those in which the people involved conduct the core duties of the industry, have a comparative large number of staff, require a long period of training to develop the intended skills, are difficult to fill, and the number of vacancies available for the job roles has been high for the past several months. Two of the most critical job roles in ABC Coal are the geologist and the mining engineer. Both of them take five years of training, which is the longest training period offered to the job roles. In the internal supply, both job roles have had the least number of retirements with no retirement with the mining engineer over the past two years. Looking at the internal supply, the mining engineer has a great demand due to growth of employment for this role. Consequently, the external supply for the geologist is also very high due to the assumption that there are very few geologists that are experienced in the nation. In the current workforce, there are job roles that have no vacancies at all. These are the positions in which the employees are readily available in the market, and they are not critical at all. Most of them fall under the statutory roles, and they include the mine manager, open cut examiners, the supervisor under mining operations and the processing supervisor. ...Download file to see next pagesRead More
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