ABC COAL - Talent Management Plan
- Critical Jobs
- Internal and External Supply
- Demand Forecasting
- Gap Analysis
- Managing Talent
- Action Plan
Strategic issues are critical challenges that affect the general performance of an organization. In connection to this, strategic planning is concerned with determining the future of an organization, achieving the set goals and working towards them. ABC Coal is one of the biggest companies in our nation and like many other companies, it faces strategic issues. According to ABC Coal, the core mission is to provide their shareholders with the best products through mining and production of high quality coal for the market.
For this to be met, true partnerships and cooperation have to be created with everyone associated with the industry including the shareholders, employees, customers, and the community at large. ABC Coal's strategies touch on ensuring safety environment performance and working in partnerships for good produce; creating a sense of value including the reduction of real costs and improving the industry constantly through giving the workforce the right support and encouragement.
[...] The workforce gap is determined from the mathematical difference between the net supply and the workforce demand. The sectors which experience the shortage should be determined and factors causing them should be identified. Different ideas should be brought in which, when considered, should be an aid in narrowing the gap, and factors that widen the gap should also be pointed out. Gap closing strategies should be developed so as to meet the needs of the workforce. The workforce planning that should be carried out involves observing the company's strategies; focusing on the current demand and development of future projects; establishing solutions to curb risks for greatest performance; and implementing strategies for the workforce. [...]
[...] In the current workforce, there are job roles that have no vacancies at all. These are the positions in which the employees are readily available in the market, and they are not critical at all. Most of them fall under the statutory roles, and they include the mine manager, open cut examiners, the supervisor under mining operations and the processing supervisor. Most critical job roles of the company lie under the professional roles section which has relative great vacancies in relation to the number of people involved in the job roles. [...]
[...] Future planning identifies various and critical gaps that should be filled for future enhancement of the performance of the service. The council and the HR should always focus on the key job roles that affect the attaining of the strategic objectives such as the position of mining engineers. They should also find out various aspects that influence the workforce and how they affect them. It has been established that critical job roles are directly linked to the performance and the productivity of any organization making these positions have a high significance to the company. [...]
[...] Harvard business review on talent management. (2008). Boston, Mass: Harvard Business School Pub. Davis, T. (2007). Talent assessment plan: A new method for talent management. Aldershot, England: Gower. American Productivity & Quality Center. (2012). Technical management: Developing, Sourcing, and retaining technical talent. [...]
[...] ABC COAL - Talent Management Plan Content I. Analysis/Diagnosis II. Critical Jobs III. Internal and External Supply IV. Demand Forecasting V. Gap Analysis VI. Managing Talent VII. Action Plan Analysis/Diagnosis Strategic issues are critical challenges that affect the general performance of an organization. In connection to this, strategic planning is concerned with determining the future of an organization, achieving the set goals and working towards them. ABC Coal is one of the biggest companies in our nation and like many other companies, it faces strategic issues. [...]