Maersk Group's Five Talent Challenges

Superior Essays
Problem Statement: Maersk Group had five talent challenges that required resolution in order for the company to be successful. The five talent challenges were; Turnover, Training and development (high attrition rate and industry competition), Hiring from outside the firm, Rehiring (should they bring in external talent and reduce integration risk), Increase diversity in order to have an inclusive culture. In essence, the Maersk Group had neglected in developing a strategic plan and developing goals related to their human resource leadership team and needs to invest both time, money and leadership in to developing their human capital throughout the company so they can be successful in the long term. In this particular case, “If” the company …show more content…
The company could implement a companywide inclusion and diversity policies, in doing this inclusion and diversity would be implemented individually and collectively throughout the company and throughout the span of the employee’s career or tenure at the company. Inclusion and diversity need to be included in every phase of talent management from recruiting and on boarding to professional development, leadership training, performance management, feedback and measurement as well as workforce planning. In terms of inclusion and diversity another important tool in facilitating a diverse culture would be communication and building relationships that are intertwined among each culture and administrative level throughout the company. This will benefit individuals in the company, but it will also benefit individual/employees in their relationships with others in the community as well, especially those that are beginning their career in a new global office within the …show more content…
An example of an incentive that could be offered is by offering employees a later start or longer lunch so they can either take a nap or exercise or participate in lunch and learn sessions involved with health and nutrition. Studies have shown such as those done by AETNA in which employees that are permitted to take that afternoon nap during work hours are much more productive throughout the remainder of the day and this productivity can positively affect a company’s bottom line. Another initiative that I believe is important within a company and can affect and be beneficial for retaining a strong workforce is a healthy living work life balance, such as those seen by the Google and Apple corporations. If a company initiates a health living initiative that offers employees throughout the company the benefit of healthy living options and benefits, such as on site nutrition counseling, and an on-site gym or health spa. The company needs to be holistic in developing their healthy initiative, the company must fully implement that initiative in each and every department and each and every manager and supervisor within that company needs to support employee acquisition of those benefits. A healthy initiative campaign is important for the company’s bottom line because employees that feel better and

Related Documents

  • Decent Essays

    Hi Tamara, I agree with your opinions about ethnocentrism and workplace inclusion. In addition to this, Buchanan (n.d.) states, ethnocentrism and workplace inclusion programs are beneficial to corporations since, they improve their business aims, profitability and progression in the business market (P.1,). When corporations introduce diverse business into their business environment it helps their employees produce improved business opinions and it also gives their employer a bigger competitive edge over their competition. Finally, Tamara how does corporate multicultural education and coaching programs aid employees with adjusting into their new…

    • 90 Words
    • 1 Pages
    Decent Essays
  • Decent Essays

    In order to counteract the high costs of obese employees companies can encourage employees to lose weight. They can be educated about eating healthy and the benefits of exercise. They can also be educated about the many health risks that come with being obese. Some companies offer a lower insurance rate to non-smoking employees the same can be offered to obese employees who are willing to take steps to become healthy. A lot of companies sponsor competitions and challenges for employees to lose weight; various exercise groups are formed, for example, if an employee would prefer exercising outdoors as opposed to indoors there are programs geared to this.…

    • 711 Words
    • 3 Pages
    Decent Essays
  • Decent Essays

    Favian Ortega Unit 2 Homework San Joaquin Valley College Companies can’t operate on their own, and virtually all strategic planning decision must consider the personnel issues connected to it. Challenges such as having money to cover increased labor costs should be considered or that the initiative requires expertise the company doesn’t provide, strategic planning and human resources go hand in hand. Strategic planning focuses on what a company wants to do, rather than how it does it. Human Resource planning looks at the long-term needs of a business, rather than addressing current needs. The goal for human resources is to sustain and create a workforce that acquires the business needs.…

    • 566 Words
    • 3 Pages
    Decent Essays
  • Improved Essays

    In today’s economic environment with insurance premiums increasing by double digits is there something businesses can do to try and make that increase as low as possible. Studies on Wellness Programs are showing that by helping employees be healthier, insurance premium increases have not been as drastic. Not only have wellness programs helped with insurance premiums but it has reduced absenteeism and presenteeism and has increase the overall productivity. According to the article in the Journal of Legal Medicine “Don’t Let Them Eat Cake: Implement a Government-Sponsored Wellness Program that Utilizes Tax Credits to Promote Healthy Behaviors” obesity followed by smoking and drinking are tied to many chronic medical conditions.…

    • 696 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    No two circumstances or situations will be exactly the same, so variables would need to considered to determine the advantages and disadvantages of any program. Yes, maximizing health of the employees in order to control cost is the goal, but human nature by the same employees will determine “if” such programs are truly…

    • 664 Words
    • 3 Pages
    Improved Essays
  • Great Essays

    Worksite Health Barriers

    • 761 Words
    • 4 Pages

    This barrier reduces the incentive for lower management employees to participate in worksite health programs. In order to increase employees participation in worksite health programs, the upper management and leadership have to be completely supportive of the program. Through participation of leadership management such as the CEO, COO and other members of the senior management, lower level employees will be inclined to participate in the program. Not only will this approach improve the overall quality of health and life of the entire organization, it will also improve the work environment and…

    • 761 Words
    • 4 Pages
    Great Essays
  • Improved Essays

    After experiencing an increase in turnover, growth in business, and global expansion, Maersk’s executive members and HR leadership applied a people strategy session to focus on the company’s talent. As a result, the Maersk Group established a performance based compensation program. Divided into three groups, employees are classified by job performance and how their performance outcomes were attained. As stated in the study,…

    • 868 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    Diversity Training Paper

    • 1043 Words
    • 5 Pages

    Introduction There are many benefits to a well-developed and implemented diversity-training program. Diversity training can help foster a richer, more inclusive organizational culture, can increase employee moral and motivation while decreasing absenteeism and turnover, and can help an organization recruit a more diverse workforce and create more effective multicultural teams (International Multicultural Institute, n.d.). There are many ways in which an organization can develop and implement a diversity training program as well as many tools by which that program’s value can be measured. This paper sets out to look at how I would implement a diversity training program, how I would assess that program, and my perception of the program’s potential…

    • 1043 Words
    • 5 Pages
    Improved Essays
  • Decent Essays

    Employee Wellness Initiatives Recently, the Brooklyn Nets have started a health and wellness initiatives for it’s employees. During the month of March, the Nets decided to title the moths, “Health Matters Month” in order to delve much into this initiative. There is currently much brainstorming that occurs regarding this initiative. For instance, there is a current idea to restart a smoking cessation initiative for employees.…

    • 342 Words
    • 2 Pages
    Decent Essays
  • Decent Essays

    Wellness Program

    • 117 Words
    • 1 Pages

    Implementation of the Wellness Program The wellness program C.O.P.S. will be voluntary but a resource available to all. Every employee has some sort of health risk to varying degrees, whether it is unhealthy eating, lack of exercise or sleep, drinking, smoking, or even something genetic. By working with an employer who promotes health and wellness, not only will the employee be more able to complete daily job responsibilities, but will have more energy to give to their family and friends. This workplace wellness program can help employees attain and maintain a healthier lifestyle, even if it is something as simple as learning how to reduce stress and/or muscle strain while you are on the job (Wayman, 2010).…

    • 117 Words
    • 1 Pages
    Decent Essays
  • Great Essays

    Swot Analysis Of Fitbit

    • 1584 Words
    • 7 Pages

    At the headquarters, Fitbit provides healthy snacks for its employees. Fitbit provides work out equipment, as well as work out classes, to encourage its employees to live a healthier life (Truong, 2015). Fitbit cares for its employees because “marketing will only be as good as the people inside the organization” (Kotler & Keller,…

    • 1584 Words
    • 7 Pages
    Great Essays
  • Great Essays

    The downfall for many organizations is the incompetence to be able to understand the differences between cultures and wanting to promote a cross-cultural program. To promote interaction between different cultures has its advantages but takes a great amount of time and research (Barker). Not having a cross-cultural understanding will inhibit companies from being able to compete with their competition due to being unaware of other cultural differences around the world. Cross-cultural communication is no longer an option to choose to participate in companies to communicate with other individuals it is now a requirement for companies to create a program to diversify its employees to stay above the competition (Zofi).…

    • 1914 Words
    • 8 Pages
    Great Essays
  • Improved Essays

    Maersk started as a small family owned shipping company that experienced significant growth as they moved into a more global shipping company. As the company continued to grow and expand, their old method of hiring and training employees was becoming less effective and efficient. In fact, they were losing employees to competitors and the employees that remained often did not have the skills needed for the company to remain competitive in the global market. As a result, Maersk found themselves in a position where they needed to evaluate their employment practices to remain…

    • 1773 Words
    • 7 Pages
    Improved Essays
  • Decent Essays

    Mandatory training is another drawback in a diverse workforce. During diverse training employees, supervisors and managers receive lessons on how best to communicate with customers, clients, and employees who represent diverse society. Increasing workplace diversity often requires training to reduce conflict among diverse employees. Employees might see mandatory training as the equivalent of forcing them to accept diversity at all costs, regardless of their personal experiences. Cultural diversity training can aid employees to improve their performance by creating a workplace free of personal judgments and different stereotypes.…

    • 269 Words
    • 2 Pages
    Decent Essays
  • Improved Essays

    Maersk Group Case Study

    • 965 Words
    • 4 Pages

    In the case study, A.P. Møller - Maersk Group: Evaluating Strategic Talent Management Initiatives, showed a spectacular example of why it is vital to align the function of a firm’s human resource department and the businesses overall strategic plans. Alignment of HR strategy with organization strategy can create the competitive advantage organization seek and need over their competition. This association across the company became essential when the low turnover rate begin to increase during the shift of the Maersk Group, a family-owned firm to a worldwide trade company. After the recession in 2008, the HR department of Maersk took into consideration to start to align the employee hiring process in the global company. Primarily, there was…

    • 965 Words
    • 4 Pages
    Improved Essays

Related Topics