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OL 211 Analysis of Case Study: A.P. Moller-Maersk Group: Evaluating Strategic Talent Management Initiatives ESSAY

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OL 211 Analysis of Case Study: A.P. Moller-Maersk Group: Evaluating Strategic Talent Management Initiatives ESSAY Evaluating Strategic Talent Management Initiatives Maersk started off as a small family-owned business. They valued their employees and even felt that they were like family. This led to a lot of loyalty towards their employees. So much so that if an employee left, it felt like some sort of betrayal. Most employees remained with the company for many decades. It was common for many employees to have work 40 years or more there. As the company grew into a multinational conglomerate, they soon realized that they need to update their hiring and overall personnel strategy. They found that it was important to get HR in line with the direction the company was heading. They needed to diversify more and incorporate a strategy to lower the turnover rate and increase employee retention. In an ever increasingly competitive environment, having the right people in key positions that support the company’s strategic goals in vital. The human resource department can play an important role in getting the right people in the right positions. They are the ones who do the recruiting and onboarding. They are the conduits of talent for the company. Having the HR group aligned with the organization’s objectives is important because they can define what the job requirements are, what the prerequisites a candidate needs to have and find the right people to fill those positions. Aside from finding candidates from the outside, HR can create training and mentoring programs to grow talent internally.

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CASE STUDY: ANALYSIS OF CASE STUDY: A.P. MOLLER-MAERSK 4
GROUP




OL 211 Analysis of Case Study: A.P. Moller-Maersk Group:
Evaluating Strategic Talent Management Initiatives

,CASE STUDY: ANALYSIS OF CASE STUDY: A.P. MOLLER-MAERSK 4
GROUP




Case Study: Analysis of Case Study: A.P. Moller-Maersk

Group Final Project

Name

OL211-T2621: Human Resource

Management

Management Professor

Date




Southern New Hampshire University

College of Online and Continuing Education

School of Business

, Case Study: Analysis of Case Study: A.P. Moller-Maersk Group: Final Project 2


Evaluating Strategic Talent Management Initiatives

Maersk started off as a small family-owned business. They valued their employees and

even felt that they were like family. This led to a lot of loyalty towards their employees. So

much so that if an employee left, it felt like some sort of betrayal. Most employees remained

with the company for many decades. It was common for many employees to have work 40 years

or more there. As the company grew into a multinational conglomerate, they soon realized that

they need to update their hiring and overall personnel strategy. They found that it was important

to get HR in line with the direction the company was heading. They needed to diversify more

and incorporate a strategy to lower the turnover rate and increase employee retention.

In an ever increasingly competitive environment, having the right people in key positions

that support the company’s strategic goals in vital. The human resource department can play an

important role in getting the right people in the right positions. They are the ones who do the

recruiting and onboarding. They are the conduits of talent for the company. Having the HR

group aligned with the organization’s objectives is important because they can define what the

job requirements are, what the prerequisites a candidate needs to have and find the right people

to fill those positions. Aside from finding candidates from the outside, HR can create training

and mentoring programs to grow talent internally.

Maersk has had to change how it’s HR has functioned throughout it’s existence. Maersk

started off as a small family-owned business. They have grown steadily over the years and are

now a major multi-national conglomerate. Up until the early 2000’s, Maersk still operated

internally like a family owned business. They hired young and inexperienced people and grew

them internally. They was a strong family-like feeling about being employed with Maersk.

Maersk had a strong two-year training program that culminated in an overseas assignment. At

the end of the training and overseas assignments, only about 20% of the new employees stayed

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