


Study with the several resources on Docsity
Earn points by helping other students or get them with a premium plan
Prepare for your exams
Study with the several resources on Docsity
Earn points to download
Earn points by helping other students or get them with a premium plan
Community
Ask the community for help and clear up your study doubts
Discover the best universities in your country according to Docsity users
Free resources
Download our free guides on studying techniques, anxiety management strategies, and thesis advice from Docsity tutors
Developing the Talent Acquisition and Retention Plan A. Developing the talent acquisition and retention plan. Given the increase in demand, how many people will you need to hire and in what functional areas (manufacturing, operations, customer service, marketing and sales, finance/accounting, and HR). B. Indicate your rationale for the hiring in each area. Consider turnover. Identify factors that could be causing turnover. Identify the costs of turnover. C. Indicate the type of interviews you would conduct and why. D. Develop strategies to recruit the appropriate applicants, including sources and tools for recruiting and selection. What is the role of social media in recruiting? Identify possible areas and types of discrimination in the acquisition process. What steps would you take to recruit and retain a more diverse workforce (management and staff)? E. What can you do to retain current employees? What are the benefits of retention?
Typology: Assignments
1 / 4
This page cannot be seen from the preview
Don't miss anything!
Introduction In this paper, The Sports Board Unlimited's talent acquisition and retention strategies will be developed using the information reviewed in this case study. The Sports Board Unlimited has two main goals: first, it must grow to accommodate the 37% increase in demand for its products, and second, it must invest in new product development to hasten the process and maintain its competitive edge. The Sports Board Unlimited will need to improve its diversity and retention goals and standards in addition to its talent acquisition strategy, processes, and tools. Talent Acquisition and Retention plan The first step in choosing an acquisition strategy is determining the company's needs. Depending on how long the company needs the new workers and if the hiring supports short- term or long-term goals, a company may decide to develop a long-term talent acquisition strategy or quickly hire people to address an immediate need. A short-term hiring strategy would be suitable for Sports Board Unlimited because an immediate need to meet the increasing demand exists. Even if the need is only momentary, Sports Board Unlimited would still benefit from a hybrid strategy that combines a number of talent acquisition theories. It would be more financially viable for Sports Board Unlimited to define the ideal candidate for each function and compare candidates to that person. The goal of Sports Board Unlimited's leadership is harmful to the long-term success of the company. Growing a small, family-run firm makes it more difficult to retain it, and Sports Board Unlimited's size, a recent acquisition, and desire to expand to meet growing demand make this an unattainable goal. To eliminate seniority and nepotism, Sports Board Unlimited must modify its hiring and promotion procedures. Roles above entry level must be filled according to credentials. The skills must also be appropriate for the role being filled. It may also be necessary
to examine a candidate outside of their primary function if they are applying for a position with a specific concentration, like a management position. Sports Board Unlimited must keep the halo effect at bay. It must avoid the error of assuming that the accountant it presently employs would be the best choice for a new accounting management position. Both managing the workers and supervising the task demand completely different skill sets. The recruitment strategy of Sports Board Unlimited must keep track of objectives and results. Only via measurement will Sports Board Unlimited be able to evaluate the effectiveness of the plan and adjust as needed. Retention Plan The Sports Board Unlimited Retention Plan (RP) strives to stop attrition from wiping out the investment in experienced workers. Employers have no influence over some of the elements that affect employee happiness and retention. Consequently, the employer should concentrate on issues under its control, such as: