Reference no: EM132397781
This will be a group activity, but you must take an active part in both the analysis and the presentation. You are external consultants who have been hired In to conduct the analysis and research, and to present your findings back to the Senior Management Team.
'PTP Soda Drinks' is a drinks company based In the UAE. They currently have a team of 150 employees and an annual turnover of 28 million (UAE DHM). In the last few years the company has fallen upon some difficult times. Market conditions and a drive for healthier drinks have resulted in more consumers rejecting fizzy drinks, The company has started to diversify its product offering but, in the meantime, has been forced to down size. The Managing Director (MD) of the company has requested that you act as a consultant to the firm and help support the company in the following talent planning issues and initiatives. The MD has requested that you prepare a report to assist the organisation in moving forward with their talent planning strategy.
You are a team of consultants who have been invited to pitch for consultancy support to 'PTP Soda Drinks.' The MD is keen to assess your level of understanding covering the strategic resourcing issues involved, and the conclusions and recommendations you might offer.
Prepare a 45 minute presentation to be delivered to the Senior Management Team, which considers and offers consultancy to the company in the following 4 areas:
1. An assessment of the current labour trends (both nationally and internationally), their significance for workforce planning in the organisation, and the significance of tightening and loosening labour market conditions. Consider the role of the employer, the Industry, the government and trade unions in terms of talent planning initiatives, highlighting how the organisation can position itself strategically to attract the top skills and talent for the future.
2. Recommendations on managing talent within 'PTP Soda Drinks,' which takes account of the downsizing of the organisation. You should cover the principles and tools required in this process and develop potential succession and career plans for those employees who will remain with the organisation. Your plan should highlight what recruitment needs to occur on the basis of your plan and assess the most suitable methods to recruit these employees.
3. During times of change employee turnover can increase. Analyse how you can ensure that the organisation can retain key talent during the potential downsizing and assess why some employees may wish to leave. Evaluate any costs that may be associated in terms of human resources during a time of uncertainty for the workforce.
4. Provide advice on the key procedures and processes in regards to best practice in terms of activities that will need to be conducted during the downsizing exercise. Ensure that any advice on dismissals, retirements and redundancies all complies with current legal requirements.
Your practical assignment should be supported by the documents listed on the checklist, which should be delivered by you, individually, to your trainer for checking. You should produce your presentation in PowerPoint and provide electronic copy to your trainer on completion of the assessment.
Part A, please produce your views on the following issues
Q. 1 What labour market trends might make it hard for the company (in the case study) to recruit and retain the staff they need? What developments might change the situation? (AC1.1) (approx 300 words)
Q. 2 Explain the significance of 'tight' and 'loose' labour markets. (AC1.3) (approx 150 words)
Q. 3 Recommend two differing approaches that could be taken in the short term as a means of improving the organisation's ability to retain staff effectively. (AC3.2) (approx 300 words)
Q. 4 Suggest reasons why people might choose to leave their organisation, and explain the direct and indirect costs associated with this? (AC3.1) (approx 300 words)
Q. 5 Explain how the organisation might position itself strategically within the labour market and the implications of this. (AC1.2) (approx 250 words)
Q. 6 How might government, employers in general and trade unions (in a general sense) ensure that future skill needs are met? (AC1.4) (approx 250 words)
Q .7 What steps should the organisation take to ensure that future skills needs are met? To what extent and how might career and succession planning feature in the organisation's strategy? (AC2.2) (approx 250 words)
Q. 8 Please also comment on how you will transfer the new knowledge and skills gained during this assignment into working practices. You may also use this reflection for your CPD. (approx 200 words) You should also include 3-5 references from up to date and relevant sources in order to support your findings.