Verified Document

Talent Practices At Home Depot Case Study

Home Depot has recognized many key factors to ensure that talent is kept in their pipelines. One of these is the embedded understanding that human capital drives talent management. Human resources goals at home depot are directly tied into the overall strategic operating plans of the company with human capital at the heart of all human resource strategies. Home Depot was able to recognize that human capital was vital to their success as they were a company that relied on its employees to give the customer an exceptional experience not only ensuring a sale in the current moment but also the return of the customer for future needs (Roush, 1999).

Home Depot has learned to be successful in managing an ever changing workforce by understanding the demographic changes and increasing diversity and taking advantage of these trends in the workforce. This has been accomplished through the engagement of specific labor pools. For example, Home Depot has focused its staffing...

Parts of this document are hidden

View Full Document
svg-one

Home Depot at several points in time had as much as 15% of its workforce over the age of 50 (Lockwood, 2006). These talent management strategies have provided for the inclusion of a diverse workforce that meets current trends in consumer demographics.
References

Chandler, D.E., Hall, D.T., & Kram, K.E. (2010). A developmental network & relational savvy approach to talent development: A low-cost alternative. Organizational Dynamics, 39(1), 48 -- 56. doi: 10.1016/j.orgdyn.2009.10.001

Lockwood, N.R. (2006). Talent management: driver for organizational success. HR Magazine. Retrieved from: http://findarticles.com/p/articles/mi_m3495/is_6_51/ai_n26909340

Pfeffer, J. & Sutton, R.I. (2006). Evidence-based management. Harvard Business Review, 1-13.

Roush, C. (1999). Inside Home Depot: How One Company Revolutionized an Industry through the…

Sources used in this document:
References

Chandler, D.E., Hall, D.T., & Kram, K.E. (2010). A developmental network & relational savvy approach to talent development: A low-cost alternative. Organizational Dynamics, 39(1), 48 -- 56. doi: 10.1016/j.orgdyn.2009.10.001

Lockwood, N.R. (2006). Talent management: driver for organizational success. HR Magazine. Retrieved from: http://findarticles.com/p/articles/mi_m3495/is_6_51/ai_n26909340

Pfeffer, J. & Sutton, R.I. (2006). Evidence-based management. Harvard Business Review, 1-13.

Roush, C. (1999). Inside Home Depot: How One Company Revolutionized an Industry through the Relentless Pursuit of Growth. New York: NY, McGraw-Hill.
Cite this Document:
Copy Bibliography Citation

Related Documents

Talent Management Strategy the Objective of This
Words: 1365 Length: 5 Document Type: Essay

Talent Management Strategy The objective of this study is to determine which performance management process will be employed to measure employee talent and analyze the key concepts related to the talent pool and the talent review process. This study will develop appropriate talent management objectives to measure functional expertise and assess the key elements of global talent management as they apply to the organization. Finally, this study will recommend a process

Talent Management at Bofa Talent Management Bank
Words: 1918 Length: 5 Document Type: Case Study

TALENT Management AT BofA BofA Talent Management Bank of America's talent management program led to success for the company Bank of America's executive performance and retention strategy breaks down into the objectives set out in Figure 2.1 (Fisher and Congel, 2009, p. 22), 'attract, retain and develop great leaders.' This process occurs in distinct phases over the first 36 months of executive promotion but begins even before the new hire, if 'attracting great

Talent Management Discuss How the Economic Environment
Words: 925 Length: 3 Document Type: Research Paper

Talent Management Discuss how the economic environment has influenced the need for talent management practices. The current economic environment is one that is knowledge-based rather than agrarian or industrial (Friedman, 2005); talent management agents working in modern society have to recognize that even now while they focus on knowledge they must shift their attention to conceptual ideas; wider audiences must be targeted. Friedman suggests than talent managers must focus on a "post-knowledge,

Talent Management Strategy in Profit and Non-Profit Organizations
Words: 1311 Length: 4 Document Type: Essay

Talent Management Strategy: Talent Company X The purpose of any successful talent agency is to find employment for actors, authors, film directors, musicians, models, producers, professional athletes, and the like. As such, it is essential for every successful talent agency to employ a staff that is both proficient enough and large enough to handle a steady influx of clients in many different areas of the entertainment business. At hand is the

Talent Management Models, Theories, and
Words: 2520 Length: 8 Document Type: Research Paper

Build a strong achievement ethic throughout the business Create exciting, challenging jobs in which people can excel. Select and develop outstanding leaders. Make talent management a critical corporate priority Foster a talent management mindset. Develop managers who can coach, mentor, empower and sponsor talent -- and deploy it to best advantage. Develop the necessary skills to lead and manage talent. Make managers accountable for managing talent. Create the means to identify and select outstanding talent Be clear about what

Talent Management Handbook Job Analysis
Words: 1450 Length: 5 Document Type: Research Proposal

Others -- other components of job specification are recurrent from the previous sections and may include the title of the position, ordinary and extraordinary characteristics required from the occupant of the position, the main tasks of the job, or the expertise required from the candidate 4. Job Design Introduction to Job Design A major part in conducting a proper process of talent management is that of creating an adequate environment in which the

Sign Up for Unlimited Study Help

Our semester plans gives you unlimited, unrestricted access to our entire library of resources —writing tools, guides, example essays, tutorials, class notes, and more.

Get Started Now