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Write a 2 page paper detailing your scenario and solution. Include a minimum of 2 references....

Write a 2 page paper detailing your scenario and solution. Include a minimum of 2 references. Identify a current business problem through research. Based on this situation, create a strategic plan to identify the issue, provide a solution to the problem, and associate the scenario to a learning objective from our course. Discuss the importance of the character of the individuals who are executing the plan.

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Attracting & retaining of top talent-

CEOs have cited the capability to attract & retain quality employees as their topmost internal concern. This is no surprise taking into consideration the challenges posed by the present day tight labor market. With employment opportunities abundant during this period of record-low unemployment, persons are leaving their jobs at the greatest rate since 2001.

In this economic setting, executives should remember that short run financial metrics are only one part of the equation. They should place even more stress on constructing & maintaining a strong corporate culture. And to make their establishments attractive, enticing places of work, firms need to continually measure & enhance their ‘people metrics’ – benchmarks such as diversity, attrition & engagement.

Concentrating on these factors can aid retain an establishment’s brightest personnel. Departures can adversely hit the bottom line: When an employee leaves, it costs firms an average of 33 % of the worker’s yearly pay to hire a replacement

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