Analyzing key strategic HRM challenges for Kirkwood Hospice and the hospice sector
Talent management is being widely initiated by the contemporary business organizations such as Apple in order effectively manage their internal stakeholders and gain competitive advantages. However, there are very few instances where large organizations have actually gained from the initiation of the talent management (Dries, 2013). There are various issues and problems being faced by the business organizations in achieving the desired outcome from the initiation of the talent management. In this case, talent management program should be initiated by the business organizations in order to have effective and positive outcome of the talent management (Al Ariss, Cascio & Paauwe, 2014). The following sections will discuss about the reasons about why organizations such as Apple should implement a talent management program.
An effective and ideal talent management program will start from the recruitment and selection of the new employees. This is due to the reason that selection of the right employees will ensure right employees with right skill sets in the right place of the organization. Initiation of the talent management will help in having different mediums or processes of recruiting and selecting new employees. This will include developing the job description, communicating and advertising the job description to the potential employees, short listing the applied candidates, pre interview screening process, assessment test and final round of interview (Abraham et al., 2015). Thus, having all these processes will help to make sure that employees are being selected through stringent processes. This will also ensure the quality of newly appointed employees. Therefore, it can be concluded that effectiveness of the first step of the talent management program will help in having right employees in place and will help in gaining the desired outcome from talent management.
Apple follows unique and distinctive policies of recruitment and selection. This helps them in having the brightest mind in place. All the employees in Apple posses expertise in their own field and they are helping the organization in having the best internal management in place. All these are due to the reason of the effective talent management policies of Apple.
Another reason of implementing talent management program in the organization is to increase the level of motivation of the existing employees. In the current business scenario, employee motivation is important due to the reason that motivated employees will have more productivity and effectiveness in their respective jobs and they will contribute more in the organizational performance (Lau & Roopnarain, 2014). In majority of the cases, talent management is not got succeeded due to the reason that employees are less motivated in their workplace or only a particular type of motivating employees is being followed in the organization.
Recommendations for addressing HR challenges over the next five years
On the other hand, initiation of the talent management program will help in having different mediums to motivate the employees in their workplace. These mediums will include financial benefits, perks, and job recognition and career growth for the employees. Having diverse mediums for motivating the employees will help the organizations to have fully fledged and 360 degree mechanism in their internal management (Hammerly, Harmon & Schwaitzberg, 2014). This will ensure that employees with having their different requirements and expectation will still be motivated in their workplace. Apple is a global organization and they are having diverse employees in place. Their policy of diversity management helps them to maintain equality in the organization. Employees are engaged to communicate and interact with each other in order to have more effective learning process in place. This is also helping them in having engaged employees in place. Initiation of the talent management program will help in keeping the employees motivated and engaged in their workplace. This will in turn increase the organizational effectiveness that will prove the talent management successful. Moreover, in the case of Apple, effective process of talent management is one of the major reasons for their organizational success.
The current business scenario much more challenging for the business organizations. This is due to the reason that the business environment is rapidly changing and it is becoming difficult for the business organizations to cope up with the change. In this case, organizations will be benefited from the initiation of the talent management program. This will help in having an effective mechanism in the workplace to determine the gaps and the areas for improvement in the current organizational processes. In addition, initiation of the talent management program will also help the organization to have proper and accurate training and development program for their employees (Jehanzeb & Bashir, 2013). The approach of the training and development program will be different and will enhance the performance of the employees in accordance to their identified gaps. Employees in Apple are all updated and are having the information about latest business scenario and approaches. Apple is having the system of periodical training process, which initiates a continuous process of providing training to the employees. Thus, Apple is having the advantage of dealing with any organizational challenges in less amount time. This is due to the reason that employees are well updated about the present business situation.
Thus, talent management program will ensure that the entire workforce is having training and development program according to their needs and they all are equipped and trained enough to deal with the changing organizational challenges. Initiation of the training and development will further increase the effectiveness of the employees along with making them updated with the current business requirement. Hence, it can be concluded that initiation of the talent management program in Apple will ensure that the existing employees are up to date with the business requirements and the organization is having right internal resources in relation to the requirements.
Critical review of reasons why organizations should implement Talent Management
The current business scenario provides huge career opportunities for the employees due to the presence of huge number of business organizations. Thus, employees with having right talent and eligibility tend to change their organization frequently according to the added facilities and benefits being offered. However, on the other hand, it is challenging for the organizations to cope up with this phenomenon due to the reason that there is a cost involved in recruiting and selecting new employees. In addition, attrition of the employees will also cause in the loss of competitive advantages for the organization. Hence, they are in the need of effective talent management program to retain the top talents with the organization.
Initiation of the talent management program will help the organization to determine the requirements of their top talents and providing those with benefits and facilities accordingly. One of the major features of talent management program of Apple is compensating the top talents is to offer best in the industry compensation (Terera & Ngirande, 2014). This is due to the reason that majority of the employees change their organization in order to have more hike in their salary. Thus, offering the best in the industry compensation will ensure that employees will not get motivated to change their organization due to not having any chance to have more salary in other organization.
Thus, it can be concluded that initiation of the talent management program will help the organization to have a holistic process of looking after their human resources and providing them every facility to make them engaged and motivated in their workplace. Effective implementation of these elements will ensure that the organization will have desired outcome from the talent management. Moreover, it can also be concluded that the effective process of talent management is helping Apple to have a favorable internal environment in place. This in turn is helping them to gain competitive advantages in the market by generating the majority of the competencies from the employees.
Reference
Abraham, M., Kaliannan, M., Mohan, A. V., & Thomas, S. (2015). A Review of Smes Recruitment and Selection Dilemma: Finding a’Fit’. The Journal of Developing Areas, 49(5), 335-342.
Al Ariss, A., Cascio, W. F., & Paauwe, J. (2014). Talent management: Current theories and future research directions. Journal of World Business, 49(2), 173-179.
Dries, N. (2013). The psychology of talent management: A review and research agenda. Human Resource Management Review, 23(4), 272-285.
Hammerly, M. E., Harmon, L., & Schwaitzberg, S. D. (2014). Good to Great: Using 360?Degree Feedback to Improve Physician Emotional Intelligence. Journal of Healthcare Management, 59(5), 354-366.
Jehanzeb, K., & Bashir, N. A. (2013). Training and development program and its benefits to employee and organization: A conceptual study. European Journal of business and management, 5(2).
Lau, C. M., & Roopnarain, K. (2014). The effects of nonfinancial and financial measures on employee motivation to participate in target setting. The British accounting review, 46(3), 228-247.
Terera, S. R., & Ngirande, H. (2014). The impact of rewards on job satisfaction and employee retention. Mediterranean Journal of Social Sciences, 5(1), 481.
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