Lecture Session #6.2

Lecture Session #6.2 - BUAD304 LeadingOrganizations...

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Click to edit Master subtitle style BUAD 304 Leading Organizations Lecture Session #6 Leader as Developer of Talent Leader as Change Agent
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Human Resource Management Selecting the right  people developing them Evaluating performance Rewarding them Union-management  relations
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The Talent Problem Problem: 60% of jobs in 21st Century will  require skills that only 20% of the  population possesses Why is this? Baby Boomers leaving the workforce will outpace the  number of qualified Gen-X’ers and Millennials entering the  workforce
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The Talent Problem cont.   Evidence of the trend: 75% of major corporations list talent retention  and development as one of their top priorities  25% of major corporations list talent as their  absolute #1 priority  These numbers are rising Result: Due to the massive talent shortage, 
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The Talent Problem cont. Why should you care? The talent shortage will challenge business  leaders across all industries   Affects your job prospects; represents an  opportunity:  Those who have the ability to think strategically  about talent management will add tremendous 
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Attracting and Retaining Talent:  Two Examples
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What company is this?
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Google’s “Employment Brand” Goals talent Show employees  they are valued Facilitate working  long hours Benefits (examples) Free gourmet food nutritionist Dry cleaners High tech bus to  Question: Any downsides?
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Click to edit Master subtitle style Video Jim Sinegal Costco  CEO
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What does Costco value? How does it attract and retain good 
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Lecture Session #6.2 - BUAD304 LeadingOrganizations...

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