Essay Example | Topics and Well Written Essays - 750 words - 60

Essay Example Under the function of talent acquisition, engagement, and retention it was noted that Candlelight handles this function well expect that its incentive plan is not very realistic, which could hamper future retention levels. The evaluation also assessed talent leadership management in Candlelight Company and it was noted that in this regard the company does not give a lot of emphasis to this function since the aggregate score was an average rating. Secondly, the task of decreasing turnover also received an aggregate rating of average, and this perhaps explains why employee morale, training, and development also received less focus, since they also had an aggregate rating of an average. This is to say that by handling issues of employee morale, training, and development in an ‘average’ manner then it means that retention or decreasing of employee turnover is not greatly emphasized on by Candlelight Company (Berger and Berger, 58). This confirms that Candlelight’s strategic talent management needs a re-evaluation. Leadership is an integral function within any organisation and it determines the level of success of any business organisation. Equally, talent management is also under the leadership of certain managers within an organisation and in most cases this leadership is usually a specialty of the human resource manager, however, in other organisations the leadership of talent management is a shared task among various managers (Berger and Berger, 112). From the evaluation carried out on Candlelight it was evident that the leadership of talent management within the organisation received an aggregate score of ‘average’ and this explains why the other functions also received an aggregate score of average. Therefore, it is recommended that Candlelight should train its leaders on talent management practices to ensure that they fully optimize on talent management functions and thereby ensure that the organisation gets

Quiz 6 Essay Example | Topics and Well Written Essays - 500 words

Quiz 6 - Essay Example It is also helpful for those who have a doubt about the old school of thought related to economics and bridging the gap between past and present concepts. (Brittan, 202) in his book, Backhouse discussed about how Homer and Hesiod’s writing educated the people of Greece and gave them the idea about how life should be lived. The story of society discussed in Iliad and the Odyssey was â€Å"hierarchical, based not on market relationships, but on the distribution of wealth through gifts, theft, prizes for winning competitions, plunder received in war, and tribute paid by defeated cities to their conqueror† (Backhouse, 11) Homer in his writing considered trading as a secondary and inferior way of acquiring wealth as according to him exchanging gift among same rank holders, wining prizes in war was more better way of earning wealth. (Backhouse, 11) There was very little economical data available from the time of Xenophon (c. 430–354 BC) and Plato (c. 429–347 BC) but one it is now a proven fact that economy at that time also based on agriculture. (Backhouse, 14) Later on Aristotle in his concept also discussed about the acquisition of wealth for people’s day to day activities.(Backhouse, 22) In Aristotle’s view there were 2 ways of acquiring wealth, one was estate management and other one was â€Å"getting wealth through exchange†. (Backhouse, 22) People need money to live a good life-this was the concept of Aristotle, and for him hunger for excess money could bring about the difference of class and status in a society. This was the ancient Greek philosophy and it has a great influence on present western thoughts. If one analyzes the concept of neoclassical economics, then it is very clear that both Plato and Aristotle had some key opinion about economics. In Backhouse’s opinion, Plato argued for the subsistence of universals-ideal, pure forms which