Case Study Analysis
Name:
Institutional affiliation:
Date:
Issues that need to be corrected or improved
CEMEX has made tremendous steps in trying to have a constant improvement in the understanding climate change and the need to address challenges that they face. This understanding of climate change and the human-induced components of climate change were as a result of complex scientific work around the world. The general scientific consensus is that human activities pose major challenges to environmental sustainability, which has threatened the ability of sustaining the current and future generations. The world population is rising steadily, which has resulted in increases in production and consumption of goods, as well as the associated trade flows underpinning the efforts of growth. With the world population predicted to grow to over 9 billion by 2050, the demand and need for …show more content…
Many companies have been struggling with ways to identify, develop and retain talent for many years. Issues of succession should be on top of the list of CEMEX plans since companies are facing higher demands in the global market with retirements of baby boomers and widening of the talent gap. CEMEX may have been relying on the home-grown and paper-based succession plans, which no longer have the capabilities of meeting the workforce demands of today. CEMEX needs to upgrade and redefine its succession plan initiatives, and ensure that the process will benefit both the individual and the overall company strategies. To achieve results, CEMEX should start with the basics, create strong processes and then invest in the technological tools to instill a talent development mindset within the company. CEMEX should therefore ensure that the succession plans are integrated with other processes of talent management, which include training and development, performance management and assessment, as well as
Name:
Institutional affiliation:
Date:
Issues that need to be corrected or improved
CEMEX has made tremendous steps in trying to have a constant improvement in the understanding climate change and the need to address challenges that they face. This understanding of climate change and the human-induced components of climate change were as a result of complex scientific work around the world. The general scientific consensus is that human activities pose major challenges to environmental sustainability, which has threatened the ability of sustaining the current and future generations. The world population is rising steadily, which has resulted in increases in production and consumption of goods, as well as the associated trade flows underpinning the efforts of growth. With the world population predicted to grow to over 9 billion by 2050, the demand and need for …show more content…
Many companies have been struggling with ways to identify, develop and retain talent for many years. Issues of succession should be on top of the list of CEMEX plans since companies are facing higher demands in the global market with retirements of baby boomers and widening of the talent gap. CEMEX may have been relying on the home-grown and paper-based succession plans, which no longer have the capabilities of meeting the workforce demands of today. CEMEX needs to upgrade and redefine its succession plan initiatives, and ensure that the process will benefit both the individual and the overall company strategies. To achieve results, CEMEX should start with the basics, create strong processes and then invest in the technological tools to instill a talent development mindset within the company. CEMEX should therefore ensure that the succession plans are integrated with other processes of talent management, which include training and development, performance management and assessment, as well as