Case Study
Assessment 1-
individual report (50%)
Assignment Brief-
Case
study: KPMG – a new approach to bringing talent into the business
The last year has seen a big change to
the way KPMG brings young talent into the business through an innovative school
leavers’ programme designed to bring a different pipeline of young people into
the business. New recruits follow a six-year programme allowing them to gain an
accounting degree (from Birmingham, Durham or Exeter University) and become a
fully qualified chartered accountant with the ICAEW or ICAS. The organisation
was keen to make sure, however, they weren’t simply offering a ‘degree with work
experience’. The ‘job’ which is offered – as part of the audit function at KPMG
– comes first.
Although historically the firm had taken
on a small number of school leavers each year, KPMG first
started thinking seriously about the way it brings these young people with high
potential into the firm about 18 months ago. The business was very successful
in recruiting the high numbers of graduates required by the business
(particularly in the audit area). However, inevitably, once the three-year
graduate training programme finished, retaining these employees could be
challenging. With this in mind, they were keen to look at alternatives. As
Alison Heron, UK Head of Student Recruitment, explains, ‘If you keep fishing in the same pool, you end up with the same kind of
candidates. From a diversity perspective, it makes sense to look elsewhere.’
Alison also describes how this was a
timely issue given the Milburn report on Fair Access to the Professions (July
2009) and the Browne review looking at higher education and student finance
(October 2010). With the prospect of rising tuition fees, it was likely that
some young people – particularly where there was a not a history of attending
university in the family – could be put off from applying for a traditional degree.
In 2011, when the programme was launched, it
received a great deal of press coverage and this gave candidate applications a
substantial boost. In the 2012 round of recruitment there has been more
emphasis on using social media to reach potential applicants and identifying
target schools (for example, where a higher than average number of pupils
receive free school meals). This has allowed KPMG to build on relationships it
had already established with schools as part of its corporate social responsibility
activity.
Importantly, The number of positions
available as part of the school leavers’ programme has increased from 90 in the
first cohort to 150 this year. Feedback from the business has been good – with
managers in some cases unable to distinguish recruits from their graduate
counterparts in terms of their contribution.
Graduates continue to play a key role in
KPMG’s talent management strategy. However, with a big emphasis on widening
participation to the profession, the firm has taken a new approach to bringing
fresh talent into the business. Since the successful launch of the school
leavers’ programme, they have also introduced two apprenticeship programmes in
the risk consulting area of the business.
Tasks/questions
The case study above deals
with an important ‘resourcing and talent management’ issue which has been
addressed by the organisation successfully. Using the information above as a
reference point, please complete the following tasks/questions as part of an
individual report:
1. Critically evaluate the
approach used by organisation in addressing the main issue related to ‘resourcing/talent
management. (Note: Use theoretical
(books and journal articles) and practitioner literature (CIPD and HRM
publications) to develop your arguments).
2. As part of
your analysis, choose an organisation of
your choice in Oman (ideally your employer) facing a similar issue as
above. Provide recommendations and
justify the approach/strategy you will suggest to address the problem.
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