Assignment:
Part 1
Leadership Development and Succession Planning
An effective succession plan is essential to ensure the continuity of a company's business objectives across multiple leaders. For this assignment, you will research and discuss the very public leadership changes that occurred in Apple Inc. and Yahoo! Inc.
Using the Argosy University online library resources and the Internet, research the leadership changes that occurred in the following two companies during the specified time period:
1. Steve Jobs leaving Apple Inc. in 2011.
2. Yahoo! Inc. between the years 2007 and 2012. During this period, the firm had over six individuals in the chief executive officer (CEO) position. When answering questions about Yahoo! Inc., you may include comments about any of the leadership changes within the specified time period.
For both companies provide a brief summary of the circumstances surrounding the changes in leadership and answer the following questions:
• What was the public plan prior to the departure of the CEOs?
• What business and HR objectives were most important prior to the switch?
• Was the chosen successor an internal or external hire? Why do you think that method was chosen? Was it successful?
After your initial posts respond to the following:
• How did the transition affect the business objectives of the company?
• Imagine the current CEO for each company internally announces that he or she is stepping down in one year. What strategies do you recommend HR implement to find a successor? How do these strategies align with the overall business objectives? How do they align with HR objectives?
Write your initial response in 300 to 500 words. Your response should be thorough and address all components of the discussion question in detail, include citations of all sources, where needed, according to the APA Style, and demonstrate accurate spelling, grammar, and punctuation
Do the following when responding to your peers:
• Read your peers' answers.
• Provide substantive comments by
o contributing new, relevant information from course readings, Web sites, or other sources;
o building on the remarks or questions of others; or
o sharing practical examples of key concepts from your professional or personal experiences
• Respond to feedback on your posting and provide feedback to other students on their ideas.
• Make sure your writing
o is clear, concise, and organized;
o demonstrates ethical scholarship in accurate representation and attribution of sources; and
o displays accurate spelling, grammar, and punctuation.
Part 2
Motivating Staff
An important aspect of talent management is identifying and rewarding quality employees. There are many methods to recognize and retain these ideal workers.
Description
In this assignment, you will research and discuss new ways for a technology firm to help motivate and retain its current employees.
Using the Argosy University online library resources and the Internet, research best practices and innovative methods of increasing employee morale and retention. Select approximately 6-8 scholarly sources for use in this assignment.
Scenario
You work in the HR department of a large and successful technology company. The firm has been the market leader of the industry for years and potential employees seek the prestige of working for the company. Due to a recent staff reorganization, many current employees are now unfulfilled and some are even seeking employment with the firm's biggest competitor. You have been assigned the task of researching new ideas so that a plan can be developed to increase employee morale and retention.
Instructions
Prepare a report in which you describe current best practices for employee retention, illustrate how they could benefit this organization, and provide strategies on how to incorporate these practices within the company. Further, you will need to provide an outline of how to successfully execute a staff reorganization should it need to be performed again in the future.
Your document should specifically address the following:
• Research and analyze recent best practices for employee retention within the technology industry.
• Identify methods to assess compensation amounts for multiple positions.
• Evaluate successful training and career development plans.
• Analyze current methods of employee motivation within the technology industry.
• Outline the procedure for the incorporation of these new plans. Explain how your plans support the company's overall goal to prevail as the market leader.
• Outline necessary steps to a successful staff reorganization.
Please note that the focus is on identifying recent best practices regarding employee morale and retention and how the strategies could fit within this firm.
Your final deliverable should utilize approximately 6-8 scholarly sources. Make sure you write in a clear, concise, and organized manner; demonstrate ethical scholarship in accurate representation and attribution of sources; and display accurate spelling, grammar, and punctuation.
Click here to download the APA Guide document. Use the guidelines in it to format your assignment.
Write an 8 to 12-page report in Word format. Apply APA standards to citation of sources.