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Talent Management in an Organisation Essay

Project id 1001381
Subject area Other
Document type Essay
Words 1329
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TABLE OF CONTENTS Intro 1 Conversation 2 Talent Management 2 Theoretical Underpinnings 3 TGI Fridays Organisation (For Profit) 5 Wales & West Housing Association (Not For Profit) 5 Compare and Contrast 6 Reviewing Two Schools of Thought 9 Conclusion 11 REFERENCES 12 Organisational Behaviour Introduction In recent years due to globalisation, there were major shifts observed in company activities of both profit and not for profit organisations. To face competitive and global challenges, organisations are now operating at a different fashion as compared with the previous trends and records. The competitive edge that a business gets is via its client services. The expense of attracting a prospective customer is five times bigger in comparison to the price of retaining an present client. Once an organisation fails to provide the desired level of satisfaction to customers, the client becomes dissatisfied and may disperse negative word-of-mouth. To be able to keep customers and develop long term relations with them, it is of paramount importance that individuals of a business has to be aligned with the corporate goals and values. Today’s employers ensure to promote workforce that their individual pursuits compatible with the organizational objectives. It's been maintained by many writers that a happy worker will provide joyful client. (Hellriegel et al, 2004) contended that in today’s competitive business atmosphere, organisation has to give greater than high income to acquire its people’s trust and devotion (p.70). This is the best suited approach to manage people and motivate them. It's been professionally clarified by Latham and Locke (2004) that the toughest part of being a manager is to inspire...

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