Talent Management And Online Recruitment Part A Chapter 9
Talent Management And Online Recruitmentpart A Chapter 9
After reading Chapter 9, read the two articles listed below: “Integrating talent management and core HR systems valuable but tricky – Applicant Tracking for High Turnover Environments”.
Why is it important to establish the meaning of talent and talent management in a particular organizational setting? How does the strategic direction of the organization influence human resource planning activities? What are some potential disadvantages of using a packaged application to help automate the employee goal-setting process?
Why is it important to have an adaptable workforce in a global economy?
Paper For Above instruction
In contemporary organizational management, understanding the precise meaning of talent and talent management within a specific setting is fundamental to aligning human resources with strategic objectives. Talent refers to the skills, knowledge, abilities, and potential of employees that contribute significantly to organizational success. Talent management encompasses the integrated processes of attracting, developing, retaining, and utilizing these human resources effectively. Clarifying these concepts in a particular organizational context ensures that HR practices support overarching business goals and foster a competitive advantage.
The strategic direction of an organization profoundly influences human resource planning activities. For instance, a company aiming for innovation and technological leadership will prioritize recruiting and developing highly skilled professionals in R&D and technology fields. Conversely, organizations focused on cost leadership might emphasize streamlining operational roles and optimizing current workforce productivity. The strategic plan serves as a blueprint that guides HR in assessing current capabilities, identifying gaps, and implementing targeted initiatives for talent acquisition, training, and succession planning—ensuring that the workforce competencies align with future organizational needs.
Automating employee goal-setting through packaged applications offers several advantages, such as streamlining performance management processes, providing real-time feedback, and facilitating data-driven decision-making. However, potential disadvantages include reduced flexibility, as packaged systems may impose standardized formats that do not account for unique organizational nuances. Additionally, reliance on technology might diminish personalized feedback, possibly affecting employee engagement and motivation. There is also the risk of implementing an inappropriate system that does not align with organizational culture or processes, leading to ineffective talent development.
In today’s global economy, possessing an adaptable workforce is crucial due to rapid market changes, technological advancements, and increasingly diverse customer bases. An adaptable workforce can swiftly respond to new challenges, adopt innovative practices, and remain competitive across different markets. Flexibility in skills, roles, and work arrangements also supports organizational resilience, enabling companies to navigate disruptions such as economic downturns, geopolitical shifts, or technological disruptions. Furthermore, an adaptable workforce promotes continuous learning and development, which are essential for sustaining growth and innovation in a dynamic global environment.
References
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- Dessler, G. (2020). Human Resource Management (16th ed.). Pearson.
- Garavan, T., Carbery, R., & Murphy, C. (2012). Managing Talent in the Global Economy: Challenges and Opportunities. Journal of World Business, 47(4), 491–503.
- Huselid, M. A., & Becker, B. E. (2011). Bridging Micro and Macro Domains: Workforce Responses to High-Performance Work Systems. Journal of Organizational Behavior, 32(8), 1247-1257.
- Sparrow, P., Brewster, C., & Chung, C. (2016). Globalizing Human Resource Management. Routledge.
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- Wernerfelt, B. (1984). A Resource-Based View of the Firm. Strategic Management Journal, 5(2), 171–180.
- Wright, P. M., & McMahan, G. C. (2011). Exploring Human Capital: Putting 'Human' Back into Strategic Human Resource Management. Human Resource Management Review, 21(2), 93–104.
- Youndt, M. A., & Snell, S. A. (2004). Intellectual Capital Positions as a Source of Competitive Advantage. Academy of Management Review, 29(2), 341–358.