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A P Moller Maersk Group: Evaluating Strategic Talent Management Initiatives

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A.P. Moller Maersk Group: evaluating strategic talent management initiatives

1. The issues The Maersk Group had originally started out as a small size Danish business family, but has, throughout the years, become a publicly traded world conglomerate. Throughout its years of operation, the company had been acknowledged as a quality employer and proof in this sense has been represented by the low employee turnover rate in the firm. During the recent past however, when the company became a more dominant global competitor and a publicly traded conglomerate, the numbers of employees leaving the firm have increased, generating adjacent problems of employee recruitment, training and retention. In other words, the major challenges currently faced by the company are related to talent management. At a more specific level, the issues refer to the following:
High employee turnover rates
Costly training
High degrees of senior staff employment
Employee rehiring, and last
Redesign of the organizational culture in the more competitive and dynamic business climate.

2. The company culture and practices The Maersk Group's organizational culture and practices focused around the development of quality relationships with the wide array of stakeholders, such as customers, business partners, the general public and so on. This culture was also reflected at the level of the employees, who were treated as valuable organizational assets, and the generators of organizational

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