Contemporary Challenges in Succession Management
Key learning points: 1. Succession management should be approached in a systemic manner; 2. Succession management does not necessarily involve moving along an organizational hierarchy; 3. Employees may stagnate when managers fail to plan for the succession of their subordinates. Due to flatter organizational hierarchies and contemporary psychological contracts, the traditional “chain of command” succession […]
Retaining Top Talent
Key Learning Points: 1. Retaining top performers provides organizations with a competitive advantage; 2. Retaining top performers is becoming increasingly challenging; 3. Motivational fit improves retention rates. Organizations are more dependent on their top performers than ever before. The retention of valuable employees is therefore crucial in the current turbulent economic climate. Retention essentially refers […]
Selection and Business Success
Key Learning Points: 1. Organizations need highly adaptable employees; 2. Retention is a key success factor in selection processes; 3. Highly valid and reliable tools enhance organizations’ performance. Employees are key to business success. An organization’s performance is directly related to the quality of its employees. Selection decisions impact directly on organizational success. Effective selection […]
Meaningful Performance Management
Key Learning Points: 1. Managing employee performance is critical to the sustainability of organizations; 2. Generic performance ratings prove ineffective and result in demotivated employees; 3. Utilizing the correct tools can provide meaningful information that motivate and develop employees. Organizations have had to adapt to a fast-paced changing environment by reengineering, restructuring, changing their focus […]
Contemporary Career Planning
Key Learning Points: 1. The business environment is ever-changing; 2. Individual-organizational collaboration during the career planning process proves essential to ensure mutual benefit; 3. The key to successful career planning involves extensive self-assessment and self-exploration. The current business environment is influenced by various factors of which the most influential factors can be seen as the […]
Topical Talent Development
Key Learning Points: 1. Employees, their knowledge, skills and abilities are crucial to organizational success; 2. The pressure for organizational success is beginning to raise concerns with regards to talent management practices; 3. Organizations need to build and enhance the art of development in order to foster talent within organizations. Systems, processes and technologies are […]