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Talent management is an integrated process that is designed to attract, retain, and develop employees and serves as a key component to an organization’s success. An organization’s ability 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.
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:
The Talent Management Plan Final Paper
Carefully review the Grading Rubric (Links to an external site.)for the criteria that will be used to evaluate your assignment.
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