Activity 6.5.pdf - Learning Unit\/Study Unit 6 Talent management Activity 6.5 Read the case study below and then answer the question that follows Talent
Activity 6.5.pdf - Learning Unit/Study Unit 6 Talent...
Learning Unit/Study Unit 6 Talent management Activity 6.5Read the case study below and then answer the question that follows. Talent crisis at Pricewine Pricewine used to be a leading supplier of wine, but its production capacity is slowly diminishing. The root cause of the decline in production could be associated with the sudden loss of talent in the company. It is obvious that Pricewine’s CEO does notunderstand talent management and its implementation in an organisation. According to him, talent management is only about recruiting people to work at Pricewine. The company currently has a high employee turnover rate. Experienced employees are leaving the organisation in great numbers and, as a result, the organisation has to train new employees all the time, requiring it to spend a lot of money on training. The CEO has failed to appoint a human resource director for Pricewine. He has always believed that a human resource director’s position is not important