Management 3010 Essay Example | Topics and Well Written Essays - 500 words - 1

Management 3010 - Essay Example lity, alignment and engagement should also be assessed as they are three competencies that every company requires to succeed in the current business environment. Jean Martin (2013), further states that talent management drives tremendous business results and points out some of the associated trends. The first trend that she considers is the changes in the complicated new work environment as far as the structure of the organization is concerned which has resulted in a shift in the manner in which work gets done. There have also been shifts in the number of people who are required to make decisions in companies in the past several years as well as changes in demographics in the workforce with has resulted in the workforce of organizations having three to four generations of workers working together. These different generations may have varying preferences, knowledge backgrounds and work styles. Additionally, employees have to deal with the new complicated work environment of organizations while at the same time seeking more from what they have creating a difficult changed environment. With the changes in the environment of the organization, th e demands for better performance from the workers have increased straining them with newer realities like changes in the amount of work that needs collaboration with other workers. According to Jean Martin (2013), four generations constitute the current workforce. These generations include the veterans, who are those that were born prior to 1946 and are associated with a strong work ethic. Majority of them served in the military and thus usually respect their seniors, while being associated with dedication and self-sacrifice. The baby boomers are those who were born in 1946 and 1964 and are thought to have come up with the sixty-hour workweek whilst being too competitive in some instance. This generation of workers turns endings to beginnings and they consider retirement as the beginning of their career’s transition. The