Talent planning in organisations Essay Example for Free

Talent planning in organisations Essay Before an organisation is able to carry out talent planning activities there are a few contingencies and factors that could affect the business in resourcing talent affectively. One of the main factors to consider is the location of the business. The location could mean there is a lack of talent or abundance. For example an IT company would attract the best talent from either Silicon Valley or Bangalore, however if the company is based in Glasgow how will the convince the best talent to come and move there. A second factor is the budget. This is an issue for smaller or start-ups. Not having the right amount of budget or having no budget means you are restricted to the resources you can use to attract the best talent such a specialist recruitment agencies or advertising on industry specific job boards as they can be quite costly. Business objectives a further more factor. As one of the objectives of the company would be to have good retention of staff however that might mean if they doing a good job of the retention of staff they might not necessarily need to hire new staff. Lastly whether a company is growing or expanding is another factor. If a company is expanding than this will have to be taken into account however if a company is not expanding will increasing or atleast attracting talent be made more difficult? As potential employees will want to work for a company that is growing and not one that is shrinking or making cut backs. While a company is thinking about recruiting talent they also need to realise the benefits and strengths of having a diverse work force. For example one of the benefits is you will attract more skills and strengths with a diverse work force. BY recruiting from only one region for example you could not get the expertise of someone who might be in the same industry from a different region who would know the market better. As a result of this another benefit is getting different points of view. By ensuring you have a diverse work force you are able to get new eyes on a problem and find better solutions. A third and final reason is who that you are recognised as an employer of choice where by you can in the long run attract better talent as you have a diverse work force to begin with. Although a company needs to recruit and they have been able to attract the talent, when it comes to the right selection there a number of factors which can affect this. For example the time limits, when a company has a job role that needs to be filled quickly  due to how pivotal the job is to the organisations day to day running it can mean due to the time limit they might make the wrong decision. Another factor is the types of skills and the culture. Although on paper the candidate might seem the best and has experience sometimes some skills are not measurable until the person is working for the company and as a result even though you might have made the right decision based on paper in reality they might not be the best person for the job. And finally the last reason would be for the type of role. Some roles are really specific to a certain industry, you might be able to attract the talent but due to there being such a specialist in the field you might not be able to select the exact person as there is no set process to decide who the right fit will be for the roles due to the nature of the role.

Cause Effect Essay - The Causes of Date Rape -- Expository Cause Effec

Cause Effect Essay - The Causes of Date Rape There is no one direct cause of date rape. Although there are usually three key elements involved, socialization, miscommunication, and/or changing sexual mores. In a general sense, traditional male and female roles in society are part of the problem. Men are taught at a very early age to be aggressors; they participate in aggressive team sports, are encouraged to be competitive, not to give up, to keep on trying. They are encouraged to have strong sexual feelings and to experiment with their sexual satisfaction as a part of their masculinity. This environment which encourages men to be competitive and get what they want often leads to a belief in the "right to have sex." Women on the other hand are socialized to be more passive, dependent,...

Hallstead Jewelers Essay

Hallstead Jewelers was one of the largest jewellery and gift stores in the United States for 83 years. Customers came from throughout the region to buy from extensive collections in each department. Any gift from Hallstead’s had an extra cache attached to it as they were known for having the best. Even though the principal retail shopping areas shifted two blocks west, Hallstead’s reputation and selection still brought in customers. In 1999 however, sales became stagnate and profits were starting to slip. The owners (two sisters, Gretchen and Michaela) made several changes in an effort to revitalize the store back to its full glory. The largest decision they made was to move the stores location, expanding it by 50% more space and selling staff. This move resulted in a five-year lease as well as extensive and expensive renovations. They also made some changes in product offerings and offered more sales potential at the cost of minor reductions in margins. During the year it took to complete the Hallstead’s renovation the industry started showing major changes toward internet based jewellery sales. Tiffany & Company, a business with an origin much like Hallstead Jewelers, grew into an international powerhouse. At the same time, a start-up internet seller, Blue Nile, became the second largest diamond seller in the U.S. While Hallstead’s was growing their fixed costs by doubling their rent payments, Tiffany and Blue Nile were increasing their revenue with â€Å"virtual† storefronts allowing them to increase sales with very little increase in expense. In an effort to explore ideas in strategy that would return the business to profitability, the sisters compiled some questions for their accountant to analyze using some additional operating statistics. 2.0 SIGNIFICANCE OF THE CASE Inherited business tradition. Changing in management style. Reduce in sales and profit from year 2003 – 2004. In 2004, moving stores location, expanding it by 50% more space and selling staff. Greater loss in year 2006. Changing in market demand and growing of new competitors. 3.0 CASE SOLUTIONS & ANALYSIS Question 1 – How has the breakeven point in number of sales tickets (number of customer orders written) and breakeven in sales dollars changed from 2003, to 2004, and to 2006? Haw has the margin of safety changed? What caused the changes? The total variable and fixed costs have been categorised in the following income statement of Hallstead Jewelers: Hallstead Jewelers

International Study Essay - 700 Words

Studying Abroad College life is full of exciting and challenging opportunities. One of the most anticipated programs for incoming freshmen is studying abroad for a summer, a semester, or an entire year. This is a way to meet new people, experience new places, and break away from the daily routine of college living. Some of the exotic destinations for study include Australia, Italy, the British Isles, France, and Germany. The University of Dayton encourages all students to consider what the study abroad program has to offer. The program offers a wide variety of opportunities to each and every individual. Students will not only take courses while they are in a foreign country, but they will also have the†¦show more content†¦Despite any misconceptions, the study abroad program will cost only slightly more than a semester would while being on campus at UD. The fees to participate in the program include housing, program activities, meals, and tuition (quoted in UD Study Abroad pamphlet). However, some fees are not included, such as airfare, books, and transportation. It is highly recommended that students always plan accordingly for their spending money. Students may request additional financial aid while in the study abroad program; they just have to consult their financial aid advisor. In addition to financial aid, there are a number of scholarship programs that are available and they are designed to support the study abroad program. For example, the Maureen Hanson ’77 Fund, t he ISSAP Scholarship Fund, and Cordell W. Hull International Fellows Fund, just to name a few, are all readily available to give assistance with the financial part of studying abroad (quoted in UD Study Abroad pamphlet). Year after year, students who participate in this wonderful program are willing to share their great experiences, and they will recommend it without any hesitation. One such student is Junior, Matthew McCue. Matthew traveled to Australia with the study abroad program, and while he was there, he climbed a mountain in the Australian Outback, scuba dove in the Great Barrier Reef, andShow MoreRelatedTyco International-Case Study919 Words   |  4 PagesCase Summary: The case discusses the Tyco International corporate scandal that was realized in 2002 when the national television of the U.S. showed one of the most well-known chief executive officers, Dennis Kozlowski in handcuffs after being arrested for misappropriating the companys money and concealing information from the companys board of directors and shareholders. In 2004, the former CEO Dennis Kozlowski and former CFO Mark Swartz were accused of the theft of $170 million from Tyco CorporationRead MoreInternational Finance: Study Notes8980 Words   |  36 Pagesterrorism though these same actions may be labeled terrorism when done by a politically motivated group. 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