Resourcing and Talent Management Assignment Sample
Executive summary
Appropriate resources and talent management can provide an adequate competitive edge to an organisation. The present report will focus on evaluating resources and talent management from the perspective of Microsoft. The report has included key aspects of the employment market from the global technology sector. Moreover, the impact of the mentioned aspects upon Microsoft’s resources and talent management is also defined.
Introduction
The present report will focus on evaluating resourcing and talent management on behalf of a globally renowned company Microsoft. In this case, key aspects of the employment market will be identified from both global and national perspectives. Moreover, its impact will also be defined upon the organisational resources and talent management aspects.
Identification of key aspects of the employment market
Serving as a technology company, Microsoft has paid attention to recruit skilled and specialist employees and staff according to their business goals and objectives.
Both the local and international market is preferred by the organisation regarding its recruitment. In this context, the employment aspects of the global technology market can be considered. It is noted that around 3 million employees served the US information sector during 2020, which has come up from 1 million in 2019 (Miltz, 2021). Different relational fields in the IT sector employment including the consequences of technology manufacturing, software publishing and others are also opening up huge opportunities for employment. This increasing employment across the globe reveals the existence of proper skills and qualifications among the employees. With the gradual growth of technological implementation in the changing dynamic environment, need for skilled talent is highly preferred by the multinational service providers as an integral part of maintaining competitive advantage. In this context, the demand and supply of labour theory can be considered. The theoretical aspect is defined to consider the determination of supply and demand for labour according to the labour market requirements (Green and Henseke, 2021). Thus, the rapid growth of advanced technologies can be suspected to determine the increasing demand of the global technology market regarding skilled human resources.
Impact on resourcing and talent management
With the gradual growth of the technology market, Microsoft has paid attention to provide adequate wages to their potential employees in order to empower their talent retention attributes. In this context, distinctive opportunities can be suspected through the training and development aspects of Microsoft, which looks forward to providing efficient learning opportunities with a personalised and integrated learning culture (Microsoft, 2021). The company under the lights of a customised manager training also provides the aspects of on the job stretch opportunities.
Figure 1: Exclusive and inclusive talent management theory
(Source: Andersen et al. 2020)
With the creation of a development culture, Microsoft began to empower their growth mindset by depending on talented employee’s recruitment. The concept of exclusive and inclusive talent management attributes can be considered from the talent management perspective of Microsoft. The theoretical belief refers to a specific segment of employees in the organisation as exclusive talent while inclusive talent reflects each employee of the company in implementing the talent management policy (Savanevičienė and Vilčiauskaitė, 2017). In the case of Microsoft, the company is notified to prefer the digital channels and platforms regarding their advertising for recruitment.
On the other hand, Microsoft has also paid attention to maintaining distinctive workplace flexibility. These flexibility features can be supported by notifying the aspects of human rights in Microsoft, which is also covered with a growth mindset culture (Microsoft, 2021). Along with maintaining diversity and inclusion, Microsoft is also committed to ensuring the wellness and safety of its potential employees. The mentioned value propositions are helping Microsoft to emerge their work practices under distinctive flexibility and talent retention attributes.
Conclusion
The overall report has defined a distinctive rise in employment across the technology market. Prospects of demand and supply of labour theory have been defined which ensure increased demand for skilled labour. With the consideration of growth mindset culture Microsoft is also looking forward to attracting new people with both exclusive and inclusive talent management concepts.
Reference
Andersen, T., Cadigan, F., Festing, M., Meyers, M.C. and Van Zelderen, A.P.A., 2020. Studying the Tensions Between’Exclusive’and’Inclusive’Talent Management. In Academy of Management Proceedings (Vol. 2020, No. 1, p. 18705). Briarcliff Manor, NY 10510: Academy of Management.
Green, F. and Henseke, G., 2021. Europe’s evolving graduate labour markets: supply, demand, underemployment and pay. Journal for Labour Market Research, 55(1), pp.1-13.
Microsoft, 2021. Our commitment and approach. [Online]. Available at: <https://www.microsoft.com/en-us/corporate-responsibility/empowering-employees> [Accessed 28 July 2021]
Miltz, K., 2021. Employment in the IT industry – Statistics & Facts. [Online]. Available at: <https://www.statista.com/topics/5275/employment-in-the-it-industry/> [Accessed 28 July 2021]
Savanevičienė, A. and Vilčiauskaitė, B., 2017. Practical application of exclusive and inclusive talent management strategy in companies. Business, Management and Economics Engineering, 15(2), pp.242-260
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