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Attracting and Retaining Talent in the Current Environment - Research Proposal Example

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In the essay “Attracting and Retaining Talent in the Current Environment” the author examines the greatest challenge that faces organizations in the current business environment –  finding appropriately qualified and experienced candidates and retaining them…
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Attracting and Retaining Talent in the Current Environment
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Download file to see previous pages The current business environment or the e-world is about the opportunities that globalization and mobility offer to employees. While in the previous era, people seeking a ‘job for life’, the current world that is enabled with information technology provides a host of opportunities for the employee and the employer. Clearly, information technology and the widespread use of Internet along with globalization have broken down barriers and borders. A person from the UK would probably not hesitate if a suitable offer and position came up in the US or any other country. At the same time, employers also have the option of a much wider talent pool and an HR person from the UK would not hesitate to recruit someone from the US (Martinsons, 2009). Considering all the issues and opportunities, the thesis looks at ISS as an enabler and would find ways and means to link it with SHRM thus creating a competitive advantage for a firm. The paper would be using both primary and secondary research with extensive literature review and survey to link the two areas.
 Competitive advantage for organizations is obtained by managing and maintaining key resources that are scarce and are difficult for other firms to imitate and which provide a firm an advantage over its rivals. Among the key resources available, human resources are regarded by many firms as irreplaceable. Being ‘irreplaceable’ is very true in the case of hi-technology firms such as Intel or Pharmaceutical companies that have a high worth of intellectual capital. Other firms also regard skilled technicians, good instructors, a good sales team or even excellent programmers as valuable and these employees help in retaining a competitive advantage (Youndt, 2006).
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