Talent Management Case Study
1.2 THE VALUE OF TALENT MANAGEMENT:
Talent management need to be the heart of the operations. The survival of businesses today depends on the speed and self-renewal on a continuous basis. (Schreier and Prügl, 2011)
With Baby Boomers aging and fewer thirty‐somethings in the employment ranks, the graying of the workforce is right around the corner. With it, will come a host of issues such as loss of human capital, talent shortages, ageism, and culture clash among them. This will force employers to rethink many of their practices for acquiring and managing talent. Employers can take specific steps now to cushion the impact of the ageing of their workforce, and those who act too late may find themselves at a competitive disadvantage. (Turner …show more content…
The candidates will understand that an organisation committing to a talent management strategy is focused on recruiting, selection and retaining the right fit person for the organisation. Being dedicated to a talent management strategy, you know the company will have a clear business strategy to reach their organizational goals.
You will be properly informed about the organisation, you will understand the processes, and with a detailed expectation of your role in this strategic plan. You will immediately have a good first experience with the company. High potential candidates already have the ability, social skills and drive to perform the job. They need to feel they are valued in the group, and need to see how their presence will make a difference to the company’s performance and goals.
A company that is committed to this strategy will on a regular basis inform employees about the performance of the company and what role their department played in the successful completion of task.
My selected organisation is St Luke’s Combined Hospices. They are a Non-Profit Organisation in the Western Cape, providing palliative care to terminal patients in the larger Cape Town …show more content…
Employees need to understand the purpose of the organisation, where they fit in. It is of great importance that there is ongoing communication about achievements on a regular basis, by implementing regular routine performance review. Doing these performance reviews will help the employee understand what he/her accomplishments was, and what areas they need to improve. (Makhamara, Waiganjo and Kwasira, 2016)
St Luke’s Combined Hospices will through the talent management system also commit themselves to training and development of these employees. The new employees have all the skills needed to do the job. Working alongside the elder, more experienced employees they will gain valued in-house experience and training needed to be the best in what they do. With technology evolving and research being so current and ongoing, the organisation can invest in training these employees to be current and informed on a regular basis.
In this same talent pool we will identify the high potential candidates. They will invest in these candidates whom show the potential for great leadership, which will be their succession
Talent management need to be the heart of the operations. The survival of businesses today depends on the speed and self-renewal on a continuous basis. (Schreier and Prügl, 2011)
With Baby Boomers aging and fewer thirty‐somethings in the employment ranks, the graying of the workforce is right around the corner. With it, will come a host of issues such as loss of human capital, talent shortages, ageism, and culture clash among them. This will force employers to rethink many of their practices for acquiring and managing talent. Employers can take specific steps now to cushion the impact of the ageing of their workforce, and those who act too late may find themselves at a competitive disadvantage. (Turner …show more content…
The candidates will understand that an organisation committing to a talent management strategy is focused on recruiting, selection and retaining the right fit person for the organisation. Being dedicated to a talent management strategy, you know the company will have a clear business strategy to reach their organizational goals.
You will be properly informed about the organisation, you will understand the processes, and with a detailed expectation of your role in this strategic plan. You will immediately have a good first experience with the company. High potential candidates already have the ability, social skills and drive to perform the job. They need to feel they are valued in the group, and need to see how their presence will make a difference to the company’s performance and goals.
A company that is committed to this strategy will on a regular basis inform employees about the performance of the company and what role their department played in the successful completion of task.
My selected organisation is St Luke’s Combined Hospices. They are a Non-Profit Organisation in the Western Cape, providing palliative care to terminal patients in the larger Cape Town …show more content…
Employees need to understand the purpose of the organisation, where they fit in. It is of great importance that there is ongoing communication about achievements on a regular basis, by implementing regular routine performance review. Doing these performance reviews will help the employee understand what he/her accomplishments was, and what areas they need to improve. (Makhamara, Waiganjo and Kwasira, 2016)
St Luke’s Combined Hospices will through the talent management system also commit themselves to training and development of these employees. The new employees have all the skills needed to do the job. Working alongside the elder, more experienced employees they will gain valued in-house experience and training needed to be the best in what they do. With technology evolving and research being so current and ongoing, the organisation can invest in training these employees to be current and informed on a regular basis.
In this same talent pool we will identify the high potential candidates. They will invest in these candidates whom show the potential for great leadership, which will be their succession