UNIVERSITI TEKNOLOGI MARA
KAMPUS BANDARaya MELAKA
EXECUTIVE MBA PART 1 – 2010/2011 human resource MANAGEment (hrm730)
GROUP ASSIGNMENT : TALENT MANAGEMENT
PREPARED FOR :
DR NOOR AZAM ABD AZIZ
PREPARED BY:
NORZARMILA AZURA ABD.HAMID(2010731695)
AHMAD IBRAHIM DAUD(2010579621)
MAHFUZA JAMALUDDIN(2010950977)
Acknowledgements
It has been a challenge to complete this assignment, but also a worthwhile experience, and this work was possible because of the support, patience and assistance of several individuals. We wish to express our sincere gratitude to all those who have helped us.
Our heartiest thanks to Dr Noor Azam Abd.Aziz, our HRM lecturer – who has opened our eyes to see things through different angles, practice radical and critical thinking facing the day to day issues at work and promote learning to build the learning organization. Thanks also to all the very inspiring mentors and fellow students of the Executive MBA, UiTM Bandaraya Melaka.
Also thanks to our workplace Petronas Gas, Kolej Risda and Kolej Profesional MARA Bandar Melaka for invaluable help.
Finally, We wish to extend our special gratitude to our families for their continued support.
Norzarmila Azura Abd.Hamid
Ahmad Ibrahim Daud
Mahfuza Jamaluddin
TALENT MANAGEMENT : FACTORS AFFECTING TALENT MANAGEMENT
ABSTRACT
The paper will reveal the definitions about talent, talent management and discuss factors affecting the talent management including the employee competencies and working environment. This paper finally concluded that according to experts, talent management is a vital factor towards organizational success. Choosing the right talent with the right competencies and providing the conducive working environment will lead to organization effectiveness.
1.0 INTRODUCTION
Since a group of McKinsey consultants coined the phrase The War for Talent in the late 1990s, the topic of talent management has become one of the hottest
References: Bassi, L. J., & McMurrer, D. P. (2008). Toward a human capital measurement methodology. Advances in Developing Human Resources, 10, 863-888. Berger, L., & Berger, D.R. (2004). The talent management handbook: Creating organizational excellence by identifying, developing, and promoting your best people. New York: McGraw-Hill. Brandt, E. & Kull, P.(2007), Talent Management: How firms in Sweden find and nurture value adding human resources, Master’s Thesis in Business Administration, Internationella Handelshogskolan. Branham, F.L. (2000). Keeping the people who keep you in business: 24 ways to hang on to your most valuable talent. New York: AMACOM. Buckingham, M. & Clifton, D. O. (2001). Now, discover your strengths. New York: Free Press. Capelli, P(2008), Talent Management for the Twenty First Century, Harvard Business Review.hbr.org. Collings, D. G. & Mellahi, K. (2009). Strategic talent management: A review and research agenda. Human Resource Management Review, 19, 304 - 313. Cunningham, I. (2007). Talent Management: making it real. Development and Learning in Organisations. 21(2), 4-6. Deloitte Research. (2004). It’s 2008: Do you know where your talent is? Why acquisition and retention strategies don’t work. New York: Deloitte Development LLC. Kim, W. C., & Mauborgne, R. (2009). How strategy shapes structure. Harvard Business Review, 87, 72-80. Laff, M. (2006). Talent Management: From Hire to Retire. T+D Alexandria. 60(11). 42-50. Ruyle et al(2001), A New Framework for Understanding Organizational Effectiveness, The Korn/Ferry Institute retrieved on 16 April 2011 from http://www.kornferryinstitute.com/files/pdf1/Strategic_talent_mgmt.pdf Schweyer, A Sutton, R. (2007). Building the civilized workplace: Nasty people don 't just make others feel miserable; they create economic problems for their companies Ulrich, D., Brockbank, W., Johnson, D.,& Younger, J. (2007). Human resource competencies: Responding to increased expectations. Employment Relations Today, 34(3), 1-12. Uren, L. (2007). From talent compliance to talent commitment. Strategic HR Review. 6(3). 32-35. Wellins, R.S., Smith, A.B., & Erker, S.(2010), ‘ Nine best practice for effective talent management’ retrieved on 16 April 2011 from http://www.ddiworld.com/DDIWorld/media/white-papers/ninebestpracticetalentmanagement wp ddi.pdf?ext=.pdf