problem? Is the rising senior management turnover inevitable? Is it manageable? What recommendations would you make to Steve Ballmer & Bill Gates? Answer: Basically‚ Microsoft experienced a transit from a small company to a giant in the software industry. So many practices that implemented well in past can not be effective in the new situation. Of course‚ the rising senior management turnover can be controlled and managed if Microsoft can develop the management capacity well when it demands
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selection is one of the most important aspects in the Human resource management context. In the modern economy‚ human resource is considered to be the most valuable asset for any organization. Acquisition of exceptional talent pool proves the sustainability of every business. Looking at these aspects it can be easily assumed that the processes involved in the recruitment and selection have to undergo tremendous change to ensure quality of talent acquisition. However the processes involved in the recruitment
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Recruiting talent is always competitive between organizations. With creating talent pipelines‚ organization will become less competitive to find talent. Organization will have an internal database of potential talent for recruiting leadership positions such as managers‚ vice presidents‚ and/or president positions. These positions should be filled by someone who knows the company and that has been around the company for some time. A good talent management team will start grooming their potential talent
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1) Bill Gates believes that Microsoft’s ability to attract‚ motivate‚ and retain superior people is its source of competitive advantage. Do you agree or disagree? Why? Yes. Gates had long recognized that it took exceptional people to write outstanding software Microsoft is all about software. Microsoft is a pioneer in this industry and hence attracted extremely intelligent‚ creative and ambitious college graduates since its start up days. Bill gates knack of recognizing genius
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you have trouble retaining your top talent. For managers‚ nothing feels better than having a strong‚ successful‚ happy workforce in place who are mutually focused on the organization’s performance. Hiring top-quality individuals is an important task on its own‚ but essential to any manager’s ongoing process is a critical retention
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Resourcing Talent – Talent Planning in an Organisation 1. Four factors that affect an organisations approach to attracting talent are: * Expansion – A company that keeps expanding attracts a lot of new talent who want job security and promotion prospects. * Development opportunities – A company who offer learning and development opportunities will attract a lot of talent who want to learn new skills to better their career. Without training prospects a lot of talent will be lost
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Solution of talent crisis Entering the pipeline- one way to give employees a wider supply chain perspective is to expose them to real world operations. The manager of Bangladesh has little knowledge about real world problems. The more they will collaborate with the real world problems the more there knowledge will be broaden. Job rotation- Rotating supply chain professionals through different departments and functions enriches their skills and gives them a broader perspective of the business. Cross-Functional
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Talent Planning in Organisations CIPD‚ 2012 defines resourcing and talent planning as “Ensuring that the organisation is able to identify and attract key people with the capability to create competitive advantage and that it actively manages an appropriate balance of resource to meet changing needs‚ fulfilling the short and long-term ambitions of the organisation strategy.” There are many different factors that affect organisation’s approach to attracting talent. One factor is an expansion of the
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----------------------------------------2-3 Influence of human resource strategies on retention--------------------------------------3-5 Using retention as a strategic HR tool ----------------------------------------------------------5-6 Talent management – a tool for employee retention ---------------------------------------6-7 Challenging assignments and retention ---------------------------------------------------------7 Work-life balance and retention -----------------------------------------------------------------8
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CERTIFICATE This is to certify that the project report entitled “A study on EXECUTIVE PERFORMANCE APPRAISAL SYSTEM” at NALCO‚ BHUBANESWAR ” submitted to Gandhi Institute of Management‚ GITAM UNIVERSITY‚ Visakhapatnam in partial fulfillment of the requirements for the Degree of Bachelors of Business Management‚ is a bonafide work done by Mr Mahesh Thakur Kumar Khora and has been carried out under my guidance. Place:Bhubaneswar Ms.S.Senapati‚JM(HRD)
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