Assignment Task:
The chosen case study is Valmet. Each student is required to demonstrate a practical insight into Valmet Talent development strategies, policies and initiatives.
The critical analysis and evaluation must be supported by key trends in the world of talent resourcing and development, covering, employee learning and development, managing diversity and equality, performance management, managing absence and employee retention, professional and ethical practice and continuous professional development.
Your task:
In Valmet, it is evident that people are what makes them number one. Given the focus on talent management and leadership development. How might theories, models and frameworks introduced in this unit help the company identify, develop, and retain a high potential workforce?
How might Valmet be encouraged to develop and retain its leadership pipeline?
Critically analyse the organisation's talent management strategy, policies and processes toward employee development and retention.
Critically evaluate the relevant challenges and opportunities associated with talent resourcing and development.
Critically discuss the organisation's best processes or initiatives to retain and develop the best talent.
Critically evaluate the organisation's talent management approach using at least two relevant theories or models.
Provide recommendations for effective talent management strategies with an action plan and justification using evidence from best practice examples and theoretical/practitioner literature (i.e., journal articles and CIPD).