Please provide short responses to 4 discussions below
1. One of the largest impacts that human capital is involved with is talent retainment. The importance of recruiting and retaining talented goes beyond basic operational needs to the degree that it affects the longevity of the company (Cascio & Aguinis, 2019). Human resource teammates must identify open positions and whether they will fill these positions internally or externally. Many different organizations are attempting to streamline the employment process by using new technologies to interpret the exact skills, experience and educational requirements that are needed for success (Aggarwal et al., 2015). The purpose behind building up this process is to reduce costs and investments by better identifying what exactly a company needs staffing wise to be successful.
In addition to acquiring the talent, another facet is retaining the talent. An effective HR management system can emphasize the importance of building long-term relationships with employees and rewarding high performance (Boudreau et al, 2016). By focusing a building of relationships and valuing employees as more than a metric of operational success, one can develop a work culture that someone would want to keep a career with.
Understanding these concepts will be beneficial as a leader, as one cannot successfully operate without the appropriate work force. What I enjoy from this discussion is the application to my immediate career. We are currently working on reaching a full level of staffing, and what I am seeing is the desire from teammates to feel that they are more than just a number in our roster. Topics such as this discussion emphasize the importance of effective team building and development.
