Talent Management In Abu Dhabi Aircraft Technologies Essay

Talent Management In Abu Dhabi Aircraft Technologies - Essay Example Clearly defining the extent of each employee’s role in various company activities is just one of the ways Talent Management helps to accomplish that objective. Surprisingly, organisations have only just begun to embrace models of Talent Management as a means to reaching goals and objectives. This proposal will explore the current model of Talent Management, exploring its advantages, processes, and objective. Since 1987, Gulf Aircraft Maintenance Company (GAMCO), renamed Abu Dhabi Aircraft Technologies (ADAT) in 2007, has through the investment of the Abu Dhabi government, become the largest provider of aircraft maintenance, repair and overhaul (MRO) in the Middle East. It serves not only the Gulf Region and other parts of Middle East but also attracts customers for Africa, North America and Asia. ADAT’s operation has garnered approval from many certificates on Authorities including local, European and American ones, provides the following services in-house and remotely on site: 1) Airframe Services; 2) Component Services; 3) Engine Services; 4) Technical Services; 5) Technical Training & 6) Material & Management Supply. In combination with major United Arab Emirates government defence contracts, its principle activities include the sale and support for missile defence, commercial jetliners, satellites, military aircraft, and human space flight to Etihad Airlines and various international carriers operating to and from more than 50 international airports worldwide. In this case study will analyse Talent Management in Abu Dhabi Aircraft Technologies (ADAT). 1.2 Problem Statement Due to the highly competitive nature of the aviation industry the need for Abu Dhabi Aircraft Technologies (ADAT) to employ a team that can expand its technical and management team is immense. The challenge; therefore, becomes can ADAT adopt effective strategies that will not only enable them to attract, but also maintain the right talent. As likely surmised, the right talen t is paramount to maintaining a competitive advantage in both new and existing markets. 1.3 Research Aim This study aims to  analyze the Talent Management process in Abu Dhabi Aircraft Technologies and to make recommendations for improvement. One of the largest--if not the largest--cost to a company generally involves compensation for its workforce. Proportionately, effective analysis of the process of recruiting and hiring employees will pay dividends in providing insight to areas of improvement. Studies have shown that a high standard of performance from employees positively correlates with a high performance from the company (Peter 2008). Unfortunately, only a handful of companies are able to achieve that goal (Peter 2008). Leading to the questions of how to handle that limited supply of talent, how to procure it, and how to maintain it. The company that figures this out first will ultimately become the leader in their respective field. Bent (2011) argues that available profess ionals within the aviation industry are declining substantially. This is due to procurement by other companies. From previous studies, a multitude of factors affect employee recruitment aside from financial compensation such as development and training, potential for advancement, work environment, relationship with co-workers and boss, recognition, and