Review the employment challenge in the digital era (as well as the entire chapter). Reflect on the various challenges which are present in the digital era. Will things get better or more complicated as time goes on? Explain. What are some methods to assimilate new generations into the workforce and get them thinking about competitive advantage? +1500 words include references
Information Technology and Organizational
Another issue related specifically to tech companies is related to retaining talent once acquired or hired on board: given that technology moves so quickly these days it can be difficult for any organization not staying up-to-date with trends or best practices for employee engagement/retention—this ties into larger organizational design philosophy (Gardner 2016). Moreover, those who do manage these types of tasks may find themselves needing additional support due to increasing demands on workloads; meaning allocating enough budgeting towards salaries/benefits packages becomes increasingly important if any company wants desirable employees sticking around long-term (Abraham et al., 2018). Combined with ever growing pressure from stakeholders/shareholders - ensuring profits remain high while still providing fair wages when possible - strategic human resource planning plays an even bigger role during times like these then ever before!
As far as assimilating new generations into the workforce goes one way forward could be leveraging “millennial” strengths more than anything else—taking advantage of their comfort level when working digitally along with knowledge which comes naturally thanks previous years embodying tech cultures means they're boundless potential waiting tapped into!. Companies should look toward building out strategies centered around engaging younger generations through initiatives like mentorship programs where older staff members act mentors helping guide newer hires so everyone's able stay productive without feeling overwhelmed by what awaits them each day; this helps create strong bonds between colleagues potentially leading better collaboration over time too! Additionally investing resources back into training current staff members gives chance refresh existing knowledge base or add onto repertoire depending upon individual needs—allowing them continue being engaged individuals always looking out ways improve performance even further! Leaders should also consider offering attractive compensation packages which offer stability long after initial hiring period; things like tuition reimbursement plans make sense since many millennials prioritize education above all else! Offering telecommuting options flexible hours may help those wanting choose alternative lifestyles well making sure goals align actual job descriptions sets everyone off right track early stages employment journey together!. Lastly setting up internal feedback loops allow everyone voice opinions regardless position hierarchy within organization encouraging understanding differences perspectives ultimately creating stronger work environment because collective input taken seriously used betterment whole unit going forward!. All combine yield invaluable opportunities boost satisfaction levels amongst both newer older cohorts allowing competitive advantage shine forth times adversity!
Overall it seems that getting ahead in today’s world means embracing change instead shying away it - something only done properly when accept risks associated whether personal professional level alike!. Yes things may get complicated some point down road however equipping yourself necessary tools persevere will lead success end reward outweighs temporary hardships experienced along way thus achieving ultimate goal whatever might entail particular situation you currently face!. Utilizing methods outlined above prime example choosing correct path forward begin making strides direction better future beneficial labor force entire nation planet benefit result actions taken today tomorrow beyond!! .
References:
Abraham S., Singh S., Souza R., Neves E.(2018) Human Resources Management Strategies Facing Digital Transformation Challenges In 21st Century Organizations: A Systematic Literature Review International Journal Of Business And Social Science 9(4):1-27. Doi:10 1037/bs 0205058 Retrieved From Http://www..ijbssnet Com /journals /Vol_9_No_4_April _2018 /11 Gardner C.(2016) Organizational Design For The Digital Age Harvard Business Review 94(7/8):90-97 Doi: 10 1016/j hbr Rev 2016 02 012 Retrieved From https://hbr org Khan B M Iqbal Z Naveed M T Uttam K (2017) Challenges To Recruitment Process Outsourcing Services In Malaysia Global Advanced Research Journals 6(9):411–419 Retrieved From http://garj org Reynolds D W Waterston J P.(2015) Recruiting Gen Y An Assessment Manpower Practices Human Resource Management 54(3):373–389 Doi 10 1002/hrm 2118