StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

Team Talent Management at Candlelight Company - Assignment Example

Cite this document
Summary
From the paper "Team Talent Management at Candlelight Company" it is clear that the objectives of talent management may include identifying exceptional talents within the employees, fetching new talents, and identifying potentially unutilized talents among others. …
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER95.5% of users find it useful
Team Talent Management at Candlelight Company
Read Text Preview

Extract of sample "Team Talent Management at Candlelight Company"

It is important to have a talent management team in a company to oversee the team's operations and well-being. The talent management team will first seek to identify existing employees with exceptional talents and skills that are compatible with the organization’s mission and vision. This group is important since it already has a vast knowledge of the company’s operations. Due to the familiarity in the organization, they can act as group leaders to other employees and assist in settling new employees down. The second step would be identifying existing employees with potentially unutilized talents that can be perfected with minimal effort. Just like the predecessors, this group also knows the company’s operations. According to Wellins, et al, “hiring for the right skills is more efficient than developing those skills” (p.8). Therefore, the talent team’s next task would be to fetch external talents that are in correspondence with the company’s objectives and vision. This group is significantly important since it brings in new ideas that can be useful to the company’s success.

On acquiring the right and reformed workforce, the next task would be coming up with mechanisms to retain the newly reformed talented team. There have been poor communication channels linking the management with the employees. With the recent management changes, there is room for improving internal relations within the company. In a bid to improve internal relations, each department can have team leaders from among the employees, with each team having a manageable number. The leaders should be selected by the employees to ensure the honesty and comfort of employees while giving their opinions and ideas to the team leaders. The leaders should frequently host meetings with their specific groups and later on meet with the management team to discuss emerging issues and new suggestions. The forum should be open without fear of intimidation to allow for an honest and efficient discussion. This would significantly improve the company’s internal relations thereby boosting employee morale. In addition, there should be at least two meetings in a year comprising the entire company, as this would reduce the gap between the leadership and the employees.

1. Business Unit Acquisition
The Company is currently in the process of acquiring a key business unit from a competitor. The addition of the business unit will increase the company’s presence and market share in South America. The unit includes approximately 750 employees and a manufacturing facility.

The partnership with European companies and new business unit acquisitions would bring better results after the workforce reforms. The new and streamlined Candlelight Company will offer a better environment for the business unit and with the new mechanisms it would be easier to monitor its progress. With the strong relationships between workers and the leadership, the new unit would be easily adopted thereby corresponding with other existing units including the improved human resource department. The new business unit’s workforce should comprise new workers, already existing Candlelight workers, and several workers from the competitor's company since they are more familiar with the unit’s operations. A new business unit, unlimited finances, a global footprint, a new innovative CEO, and a motivated workforce among the other company’s strengths, are certainly enough ingredients to attain Candlelight’s success.

In conclusion, talent management teams are important to any company’s success therefore should be on every company’s target objectives. For excellent performance, healthy internal relations are important and therefore all companies ought to facilitate healthy relations.
Read More
Tags
Cite this document
  • APA
  • MLA
  • CHICAGO
(Case study and i have a question I need to help with Assignment, n.d.)
Case study and i have a question I need to help with Assignment. https://studentshare.org/management/1844345-case-study-and-i-have-a-question-i-need-to-help-with
(Case Study and I Have a Question I Need to Help With Assignment)
Case Study and I Have a Question I Need to Help With Assignment. https://studentshare.org/management/1844345-case-study-and-i-have-a-question-i-need-to-help-with.
“Case Study and I Have a Question I Need to Help With Assignment”. https://studentshare.org/management/1844345-case-study-and-i-have-a-question-i-need-to-help-with.
  • Cited: 0 times

CHECK THESE SAMPLES OF Team Talent Management at Candlelight Company

Managerial Ways for Mathmos Ltd

In this report, an in-depth analysis of Mathmos Ltd has been done with the help of different tools such as SWOT Analysis, PESTEL Analysis, and Porter's Five Forces Model etc in order to determine the key areas of strengths as well as weaknesses to improve and enhance the overall performance of the company.... The main objective of this paper is to identify managerial ways for Mathmos Ltd which is facing a decline due to lack of innovation and proper management In this report, an in-depth analysis of Mathmos Ltd has been done with the help of different tools such as SWOT Analysis, PESTEL Analysis, and Porter's Five Forces Model etc in order to determine the key areas of strengths as well as weaknesses to improve and enhance the overall performance of the company....
22 Pages (5500 words) Dissertation

Talent Management of Southern Company

The company that is the subject of this paper "talent management of Southern Company" is Southern Company that provides the market with wireless communication and fiber optic services which are multiply attested as being excellent, customer-friendly, highly reliable, and economical.... Southern company is an electric utility organization which is headquartered in Atlanta, Georgia.... That this electric utility is big is not only underscored by Southern company owns electric utilities in Florida, Alabama, Mississippi, and Georgia, but also by the company serving 4....
6 Pages (1500 words) Term Paper

Human resources management Staffing

There have been various transformations in talent management.... I am going to give an in depth analysis of talent management. ... The establishment of the talent management team was specifically aimed at that.... There have been various transformations in talent management.... I am going to give an in depth analysis of talent management.... The establishment of the talent management team was specifically aimed at that....
2 Pages (500 words) Essay

Talent Management Procedures of Candlelight Inc

Furthermore, the manager of that department will learn the personal and professional needs and opinions of every person, and they both can discuss succession planning, involve other supervisors input if that manager feels he or she needs the assistance, and also ask the employee directly their own goals and what they want as a career at candlelight.... The essay "talent management Procedures of Candlelight Inc" focuses on the critical analysis of the major issues concerning the talent management procedures of Candlelight Inc....
2 Pages (500 words) Essay

Candlelight Company: Profitability of the Company

This case study " candlelight company: Profitability of the Company " discusses the staffing levels, the company managers need to explore several steps.... The writer of this case study recommends a simple company to adopt a "Get-Give-Merge-Go" model.... It is highlighted that Candlelight requires a business Unit acquisition, which would go a long way in increasing the company's presence and market shares in South America.... Moreover, the company's growth projection for ten years is quite strong....
9 Pages (2250 words) Case Study

Management of Candlelight Inc

With 3200 workers in the US alone, coupled with close to 5000 around the world, talent management had to be a major element of their recovery strategy.... The knock-on effect of this could be depleted employee morale due to a lack of adequate talent management strategies.... The CEO has to deal, with the senior leadership team's resistance, to change, as well as come up with fresh strategies aimed at efficient talent management.... Given these challenges, the company should look to give talent management the importance that it deserves, especially for a company with a worrying rate of talent turnover (Silzer & Dowell, 25)....
2 Pages (500 words) Essay

Talent Management Strategic Plan Talent for Candlelight. Inc

From the essay "talent management Strategic Plan Talent for Candlelight.... talent management Strategic Plan Talent for Candlelight, Inc Outline Identifying Organizational Goals/priorities ... his involves an analysis of where the organisation is now, and where it should be in future in terms of talent management.... fter all the above have been done, the company should measure the results of the talent management program and communicate the successes and failures encountered (Newfoundland and Labrador, 2008)....
1 Pages (250 words) Essay

Talent Management in Nestle Company

The paper 'talent management in Nestle Company' is a motivating example of human resources case study.... The paper 'talent management in Nestle Company' is a motivating example of human resources case study.... For that purpose, a wide range of organizations have adopted the talent management approach as a conscious and deliberate way in attracting, developing, and retaining the workforce with the aptitude and those abilities an organization needs and in order to meet the current and future business goals....
7 Pages (1750 words) Case Study
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us