...|Unit title |Resourcing Talent | |Level |3[1] | |Credit value |6 | |Unit code |3RTO | |Unit review date |Sept. 2011 | Purpose and aim of unit Organisational success depends on having the right skill mix. This unit provides an introduction to the resourcing and talent planning process. Studying this unit will enable learners to understand the factors that impact on an organisation’s resourcing and talent planning activities. They will learn about the relationship between recruitment and selection by identifying the key stages in each separate but related process. The benefits to the organisation of attracting and retaining a diverse workforce will be emphasised. They will be able to make a positive contribution to the recruitment and selection process by developing their knowledge and skills in defining and writing job descriptions, contributing to the job advertisement process, shortlisting, conducting...
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...organisational and societal context. Activities which are performed by HRM are mainly strategic planning, staffing, recruitment and selection, performance management, training, compensation, labour relations, workforce planning and talent management (Bratton & Gold 2012). Human resource management (HRM) is decisions made about the relationship between people and the organisation. These decisions are influenced by internal and external factors. Internal factors can be classified by organisation, job and individual which relates to the analysis of strengths and weaknesses in an organisation. External factors consist of political, economic, social and technological reflects on how the organisation evaluates its opportunities and threats. The aim of this report is to evaluate the importance of human resource management in terms of workforce planning, strategic planning, managing talent and recruitment and selection. Strategic Planning The activities mentioned above support the managing of organisation. An area of expertise is strategic human resource management (SHRM) which relates HR strategies with business strategies and evaluate the outcome of organisational performance. Strategic planning is defined as long-term planning to represent a particular series of behaviour accepted by senior level of the organisation to achieve its performance goals. Strategic planning is the practice of formalised analysis which intends to predict organisational consequences...
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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. * Salary – A company with lower levels of salary wouldn’t attract as much talent as higher levels of pay. Workers want their hard work to reflect in their wages. * Benefits packages – A company with good benefits package also attracts talent. People want to see what the company offers to safeguard and assist their employees. 2. Three organisation benefits of attracting and retaining a diverse workforce are: * A varied array of employees means different levels of skills and knowledge, enabling each sector of an organisation to excel. * A diverse workforce means people possess different attitudes and values whether these values are derived from race, religion or even nationality. When all brought together can benefit the company when dealing with a wide range of people and even internationally. * Creativity and productivity would increase. People with different backgrounds have different ways of thinking. Enabling different views and ideas to emerge. 3....
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...Resourcing Talent RTO assessment Activity 1 – People Management magazine article Name: || Group: | 2016 Spring Level 3 HRP CIPD Member No: | | Date: | 2 May 2016 | Word count: | | Introduction Talent planning is a part of Human Resources processes that “ensures 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 organisations strategy”. This article aims to explore, identity and explain factors that can affect an organisation’s approach to attracting talent, retaining a diverse workforce, recruitment, selection policies, the purpose, benefits of an effective induction for both individuals and organisations. 1. Identifies and assesses four factors (things) that affect an organisation’s approach to attracting talent: Demand and Supply: The demand and supply of talent in an organisation depends on the activities and nature of the business. If the activities of the business are in decline, such as the current situation in British steel manufacturing sector it will make the skills and jobs redundant. Less resources means low demand and supply of the talent within the organisation. HR needs to understand the business and relevant it is within their labour markets Skills Shortage: Skill shortage is the situation where “particular skills exceed the...
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...Optional Unit 3RTO = 6 credits Resourcing Talent Learning Outcome 1: Be able to explain the factors that affect an organisation's talent planning, recruitment and selection policy. |Assessment Criteria | | Explain the organisational benefits of a diverse workforce. | |Indicative Content | |Key factors: | |Organisational context, business objectives and brand; expansion or contraction of the business; restructuring; reasons for staff turnover. | |Succession planning; capacity and capability assessment; talent inventories and management; skill shortages; the benefits of attracting and | |retaining a diverse workforce; the systematic recruitment cycle; identifying genuine vacancies; choosing the most appropriate style of | |recruitment and selection for the organisation’s context, role, culture and sector; ethics and good practice; regulatory and legislative | |framework. | | ...
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...------------------------------------------------- RESOURCING TALENT ------------------------------------------------- ------------------------------------------------- ACTIVITY 1 REPORT ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- Name: Jacqui McInnes ------------------------------------------------- ------------------------------------------------- Date: 23rd February 2015 ------------------------------------------------- ------------------------------------------------- Word Count: 1361 ------------------------------------------------- ------------------------------------------------- Tutor: Margaret Bent ------------------------------------------------- CONTENTS PAGE Page number 1. Introduction 2 2. Findings 2 3. Conclusion 8 4. Bibliography 8 1.0 Introduction This report contains a brief summary on Talent Planning in organisations which will identify and assess factors that affect an organisations approach to attracting talent, benefits of attracting and retaining a diverse workforce. Describes the affect an organisation...
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...CIPD Unit of Assessment – 09005 Unit title | Resourcing and talent planning | Level | 3 | Credit value | 6 | Unit code | 09005 | Unit review date | Sep-11 | Qualifications link | Certificate in Human Resource Practice | Aim | To develop the learners’ understanding of the principles and practice of resourcing and talent planning | Unit abstract Organisational success depends on having the right skill mix. This unit provides an introduction to resourcing and talent planning process. Studying this unit will enable learners to understand the factors which impact on an organisation’s resourcing and talent planning policy. They will learn about the relationship between recruitment and selection by identifying the key stages in each separate but related process. The benefits to the organisation of attracting and retaining a diverse workforce will be emphasised. They will be able to make a positive contribution to the recruitment and selection process by developing their knowledge and skills in defining and writing job descriptions, contributing to the job advertisement process, short listing, conducting face to face or telephone interviews and contributing to job offer and rejection letters. They will also learn about the key legislation pertaining to recruitment and selection. Finally, they will also learn more about good practice in employee induction and retention and the importance of collaborative working with other stakeholders. This unit is suitable...
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...CIPD Unit of Assessment – 09005 Unit title Resourcing and talent planning Level 3 Credit value 6 Unit code 09005 Unit review date Sep-11 Qualifications link Certificate in Human Resource Practice Aim To develop the learners’ understanding of the principles and practice of resourcing and talent planning Unit abstract Organisational success depends on having the right skill mix. This unit provides an introduction to resourcing and talent planning process. Studying this unit will enable learners to understand the factors which impact on an organisation’s resourcing and talent planning policy. They will learn about the relationship between recruitment and selection by identifying the key stages in each separate but related process. The benefits to the organisation of attracting and retaining a diverse workforce will be emphasised. They will be able to make a positive contribution to the recruitment and selection process by developing their knowledge and skills in defining and writing job descriptions, contributing to the job advertisement process, short listing, conducting face to face or telephone interviews and contributing to job offer and rejection letters. They will also learn about the key legislation pertaining to recruitment and selection. Finally, they will also learn more about good practice in employee induction and retention and the importance of collaborative working with other stakeholders. This unit is suitable for persons who: • are working in...
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...Resourcing Talent RTO 3. Activity 1 Produce a report of approximately 750 words, in which you identify and assess 4 factors that affect an organisation’s approach to both attracting talent and recruitment and selection. Identify and explain 3 organisational benefits of attracting and retaining a diverse workforce. Describe 3 methods of recruitment and 3 methods of selection. 1.1 Explain the organisational benefits of a diverse workforce. Publisher Malcolm Forbes once said that 'diversity is the art of thinking independently together.' Diversity is vital in today's workplace. Having a diverse workforce opens up a wealth of possibilities and helps to encourage creativity and innovation. Benefits include: * Positive company image; Companies who hire individuals from a range of backgrounds gain a reputation for being a good employer. Potential customers often feel more valued and can view the company as being fair therefore give more business to these organisations. * Increase in creativity; People from other cultures, age groups and backgrounds can offer different ways of thinking and solving problems. The more ideas you can obtain from different people, the more likely you are to develop a workable answer or solution. This is a tremendous advantage of diversity in the workplace. * Capture more of the market; When your workplace is home to a diverse group of people with different experiences, your company can more effectively market to consumer groups...
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...Stansfield College _ Singapore Literature Review _ HR502 Strategic Human Resource Management (PGDM Unit) Talent Management Shawn Tkatch March 2012 Program: MBA – VUN (Jan-Apr 2012 Term) Lecturer : Juhi Ranjan INTRODUCTION In 1997 a group of McKinsey consultants coined the phrase a “War for Talent” which refers to an organizations effort to improve strategies, policies and practices for the attraction, development, deployment and retention of talent for their business. This brings about the need to understand precisely what the organization requires and to determine the actual and potential talents required of the employees. David Whitwan, former CEO of Whirlpool Corporation stated “The thing that wakes me up in the middle of the night is not the economy or competitors; it is whether we have the leadership capability”. This statement reveals the challenges that organizations face in the new knowledge economy. Developing and retaining good and talented people has become a significant challenge for most businesses, big or small. In the 21st century, talent is being defined as the new wealth. In today’s business, most organizations are talent poachers opposed to talent developers within their existing employee workforce. Once talent is identified, companies use anything and everything to lure that talent to the organization in order to gain the competitive edge. A Harvard Business Review article from January, 2000 explains...
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...Date:10/10/2015 To: Maxine Rawlings From: Michaela Sampson Subject: Module: 3RTO Resourcing Talent Overview: The aim of this report is: 1.1 To identify and and explain at least 3 organisation benefits of attracting and retaining a diverse workforce 1.2 To identify and assess at least 4 factors that affect an organisation’s approach to attracting talent 1.3 To describe at least 3 factors that affect organisation’s approach to recruitment and selection Diversity in any organisation includes hiring and promoting a workforce of people with differences. These differences include race, gender, ethnicity, sexual orientation, physical abilities and economic backgrounds. The premise of a diverse workplace is that employees are brought together to create a culture of inclusiveness, where all employees feel valued. It is also vital to recognize that these differences require an individual approach to managing a diverse workforce. This is also supported by CIPD available at: http://www.cipd.co.uk/hr-resources/factsheets/diversity-workplace-overview.aspx (Accessed:19th October 2015) 1.1; Attracting and retaining a diverse workforce has many benefits. According to ACAS available at: http://www.acas.org.uk/index.aspx?articleid=3725 (Accessed:13th October 2015) an organisation with diverse workforce has: * Better understanding of wide range of customers needs with ability to attract a broad client base. It means that social diversity (demographic differences such as age...
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...Identify and assess 4 factors that affect an organisations approach to attracting talent Skillset (external) One of the many factors that contribute to an organisations approach to attracting talent is the availability of skillsets. If there is a shortage of candidates with the skills required to do the job then it will be harder to recruit into the role. Employers will often have to offer enhanced pay and benefits, flexible working, additional training and a structured career path to stay ahead of their competitors and retain their position in the marketplace in which they operate. The UK has a chronic skills shortage in Manufacturing and Engineering which is hampering productivity and holding back the economic recovery, business leaders believe. "Last year we had nine areas of skills shortages, now we have 43 areas. Every single type of engineering is in short supply, from mechanical to software, civil to electrical," Kevin Green, CEO of the Recruitment and Employment Confederation (REC), wrote in Recruitment Matters in December 2015. Cost (internal) Another factor is the cost of recruitment. Advertising even in this multi-media channel age can be extremely costly and smaller companies may not have the recruitment budget to attract quality candidates to their organisation through high profile marketing campaigns. There is also a cost in terms of the time taken to write adverts & job descriptions, review & shortlist applicants and to interview, host assessment centres...
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...of social and economic security would be at stake and a labour and skill shortage will become a global issue. European policies have increasingly started to focus on raising the labour-market participation of ageing people, restricting or abandoning possibilities for early labour-market exit, and increasing the age at which people are eligible for pensions. In the article ‘Today is the Tomorrow -You Worried About Yesterday: Meeting the Challenges of a Changing Workforce’ Nancy B. Kiyonaga draws the attention to the crucial issue of aging workforce. She has also tried to suggest a solution ‘workforce and succession planning’ as the tool to this critical challenge especially in the public sector organisations which are more vulnerable to the affects of the aging workforce. Nancy B. Kiyonaga herself being the director of Workforce and Occupational Planning and adjunct professor of public administration her focus on the role of human resource management is praiseworthy. The article focuses on the primary issues like, the impact of ‘aging out’ of the baby boom workforce on economic, social and political events; the form of retirement or aftermath of retirement; what can the employers do about the aging workforce,...
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...Talent planning in Organisation Bringing new people into an organisation is an important function, especially now, when the main focus is on people as organisation's main means of achieving competitive advantage There are many different factors that affect an organisations approach to attracting talent and are both internal and external factors. Some examples of internal factors are The Size of the Business The seize of a business has a huge impact in attracting talent big organizations woo job candidates by offering them lots of benefits, like bonuses, incentives huge salary. This organisations find it much easier to source talent as they are well-known to the public and are more financially able to advertise a post to get a larger range of applicants. whereas with smaller organizations they can be financially constraints, therefore attracting new talent into their organisation can be very challenging, as the resources available to them is limited especially in the area of advertising jobs to the public. As the larger organisation are more likely to use more accessible means to post job advert, like TV, news paper, intranet, specific job website, recruitment agencies. With smaller organisations advertisement will mostly be placed internally like on notice boards, recommendation by employees, in some cases website Benefits of Attracting and Maintaining a Diverse work place An organization's success and...
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... |[pic] | |Resourcing Talent (3RTO) | | | | | |3RTO F204A_June – Optional Unit Assessment – Version 3 June 2012 | | | | | |Student name: | | | | | | |CRITERIA |PASS/REFER |COMMENTS | |LO1: Be able to explain the factors that affect an organisation’s talent planning, recruitment and selection policy | |Explain the organisational benefits of a diverse workforce...
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