BUS7B10 Resourcing and Talent Management
BUS7B10 Resourcing and Talent Management
BUS7B10 Resourcing and Talent Management
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Contents
Introduction......................................................................................................................................3
Discussion........................................................................................................................................3
Business case...................................................................................................................................4
References........................................................................................................................................5
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Introduction
As per the observation of Delery and Roumpi (2017), human resource is one of the central
aspects of the development and accomplishments of an organisation. Human resource
management and workforce engagement systems are given more attention in businesses. Human
resource strategies vary for different companies. For the recruiting process, executive training
plans, and retention programmes, various organisations use and incorporate other techniques.
The ultimate goal of these human resource strategies is to increase employee morale,
engagement, and retention. This assignment examines how an organisation's recruiting, and
retention process affects talent acquisition and succession planning. Tesla Motors is selected for
this assignment. Furthermore, the task discusses the advantages and disadvantages of the above
methods in terms of long-term organisational success and policy.
Discussion
Hecklau et al. (2016), Illustrates that the human resource management staff serves as a link
between the organisation's management and its workforce at all times. The HR department is
constantly on the lookout for effective and profitable workers to represent the organisation.
Furthermore, the HR department offers appropriate training and learning services to help
employees improve their performance. Jamali et al. (2015) point out that employee productivity
and company growth are inversely related. When an organisation's employee performance
improves, it will enhance the company's success. Employees are more creative and satisfied
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when they are motivated and appreciated. The organisation's human resource department focuses
on workforce engagement plans and provides incentives to staff in order to satisfy them and
retain productive workers.
Business case
The recruiting and retention process at Tesla Motors are studied in this assignment. The
company's human resource management earned an outstanding score in their overall results and
substantially improved the company's performance (Chen and Perez, 2018). Tesla Motors' hiring
procedures are standard and almost identical to those of other companies. Applicants need to
provide a CV with their application for work. The HR recruitment committee will review the CV
and contacts. Documented tests and multiple rounds of interviews, such as professional and HR
interviews are part of the process (Eisler, 2016).
According to Moritz et al. (2015), practical training and development programs provided to the
employees help leverage the skills and talents of the employees. To attain the organisational
objectives and targets, the company's HR department fifers motivational programs to motivate
the employees. Through training and development, the employee's engagement and productivity
increases and thus, they become satisfied with the job. Similar to other companies, Tesla aloes
offers several motivational programs to retain their employees. From the observation of Thomas
and Maine (2019), skilled and experienced employees are the company's backbone, where coma
pies value and respect for such contributions. The human resource management team of tesla is
efficient, which provided performance and strategy to the company.
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References
Chen, Y. and Perez, Y. (2018) Business model design: lessons learned from Tesla Motors.
In: Towards a Sustainable Economy, pp. 53-69. Cham: Springer.
Delery, J.E. and Roumpi, D. (2017) Strategic human resource management, human capital and
competitive advantage: is the field going in circles?. Human Resource Management
Journal, 27(1), pp.1-21.
Dhanpat, N., Buthelezi, Z.P., Joe, M.R., Maphela, T.V. and Shongwe, N. (2020) Industry 4.0:
The role of human resource professionals. SA Journal of Human Resource Management, 18(1),
pp.1-11.
Guest, D.E. (2017) Human resource management and employee well‐being: Towards a new
analytic framework. Human resource management journal, 27(1), pp.22-38.
Hecklau, F., Galeitzke, M., Flachs, S. and Kohl, H. (2016) Holistic approach for human resource
management in Industry 4.0. Procedia Cirp, 54, pp.1-6.
Jamali, D.R., El Dirani, A.M. and Harwood, I.A. (2015) Exploring human resource management
roles in corporate social responsibility: The CSR‐HRM co‐creation model. Business Ethics: A
European Review, 24(2), pp.125-143.
Kianto, A., Sáenz, J. and Aramburu, N. (2017) Knowledge-based human resource management
practices, intellectual capital and innovation. Journal of Business Research, 81, pp.11-20.
Moritz, M., Redlich, T., Krenz, P., Buxbaum-Conradi, S. and Wulfsberg, J.P. (2015) August.
Tesla Motors, Inc.: Pioneer towards a new strategic approach in the automobile industry along
the open source movement?. In: 2015 Portland International Conference On Management Of
Engineering And Technology (picmet) (pp. 85-92). New Jersey: IEEE.
Thomas, V.J. and Maine, E. (2019) Market entry strategies for electric vehicle start-ups in the
automotive industry–Lessons from Tesla Motors. Journal of Cleaner Production, 235, pp.653-
663.
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