Personnel Resourcing
Oman S2SHR031-6
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:
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).
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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