The University of Arizona Global Campus Talent Management Plan Paper
Description
Talent management is an integrated process that is designed to attract, retain, and develop employees and serves as a key component to an organizationàsuccess. An organizationàability to adequately recruit new talent and fill positions will depend on an effective talent management plan. Each week, you explored key processes of talent management including workforce planning, talent sourcing and selection, onboarding, employee development, employee engagement, performance management, succession planning, talent retention, and compensation. The final assignment of the course builds on the work you have completed throughout the term. For this assignment, you will take on the role of an HR director to develop and design a fully integrated Talent Management Plan.
Case Scenario
The mid-sized company, ABC Athletics Co., is now experiencing sales growth and will need to hire additional employees to keep up with demand. The organization experienced an increase in turnover rates among production workers in the past five years and expects it to continue over the next three years. ABC Athletics Co. also expects to lose 10% of its workforce through retirement. It is apparent that the talent management process needs improvement and the organization must be better prepared to respond to short-term and long-term changes in the workforce. As the HR director, you recognize the need for a new, comprehensive, and integrated talent management approach.
In Week 4, you started an initial draft of the Final Paper. Now you will incorporate the feedback that you received into your final Talent Management Plan. Use the Talent Management Plan outline to complete this assignment.
The Talent Management Plan Final Paper should include:
a staffing plan forecasting recruitment needs including a strategy for replacing the 10% of the workforce lost to retirement
job descriptions for three new positions
an evaluation of two to three specific recruiting methods for sourcing candidates, and provides rationale
- an evaluation that evaluates several talent selection methods, and addresses the four listed components
- an explanation of the components included in the organizationàonboarding and orientation program
- an explanation of how employee development solutions can promote employee engagement
- a formulation of a strategy on assessing performance, and identifies instruments and/or assessments that could be used
- development of a succession plan by addressing the five listed components
- development of a strategy to identify the reasons for increased turnover among employees, and designs a retention strategy
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