This paper examines how a talent management system (TMS) that integrates learning, performance management (PM), compensation, development, and succession planning can make a bottom-line difference in a retailer’s ability to reduce turnover, manage change, and achieve strategic goals. It also examines how retailers are using software-as-a-service (SaaS) solutions to make optimum use of budgetary and staff resources.
the different personal priorities, perceptions and communication and learning styles of a workforce that now includes Baby Boomers, Generation X and Generation Y workers. In addition, while increased globalization unlocks profitable new revenue opportunities, it presents retailers with the challenge of managing a diverse, global workforce. Operational and Strategic Realignment : Retail is being transformed from a single-store model where the skills of entrepreneurship and personal relationship-building we