A Talent Management Plan
Recently, the top management team in HSBC Australia has been worried about the impact that all the changes in the modern business world have brought, and wants to tackle many of the issues and challenges as a result of these changes by drafting a talent management plan for the next 10 years. This plan will help HSBC Australia manage its human resources and stay competitive in the banking industry.
Imagine that you work for a consulting company which is specialised in human resource management. HSBC Australia hired your company to draft the talent management plan for them. You are assigned to work with HSBC on this task.
Please draft a Talent Management Plan for HSBC Australia, drawing on:
a) the Oracle White Paper (link: The future of talent management: Underlying drivers of change) and,
b) what you have learned in your lectures by the deadline of the assignment.
In this plan, you need to describe what challenges the company might be facing, and what do you think the company should do in relation to talent management, and why they should take these measures.
A Template of the Talent Management Plan
Introduction
[In this section, you are expected to clarify the aims of the plan and to have a summary of the key points in the plan]
Main body
[In this section, you are expected to analyse in details what challenges the company may face in the next 10 years, and what specific suggestions you are proposing, as well as the logics behind these suggestions. These suggestions should be based on the Oracle White Paper and what you learned from lectures. You are also encouraged to propose new ideas beyond what lectures have covered]
[You can organise this section in two ways: a. you can describe each challenge followed by suggestions to that challenge, or b. you can describe all the challenges first and then followed by all suggestions]
Conclusion
[In this section, you are expected to briefly summarise the plan, and express your confidence in the company's ability to managing talents with your suggestions]