Talent Management in Industries: A Comparative Analysis Between Malaysia and Germany Prof. Dr. Karl...
-
Upload
daniel-price -
Category
Documents
-
view
214 -
download
2
Transcript of Talent Management in Industries: A Comparative Analysis Between Malaysia and Germany Prof. Dr. Karl...
![Page 1: Talent Management in Industries: A Comparative Analysis Between Malaysia and Germany Prof. Dr. Karl Wagner Consultant Faculties of Business University.](https://reader035.fdocuments.us/reader035/viewer/2022081603/56649e2b5503460f94b196aa/html5/thumbnails/1.jpg)
Talent Management in Industries:
A Comparative Analysis Between
Malaysia and Germany
Prof. Dr. Karl WagnerConsultant
Faculties of BusinessUniversity of Applied
SciencesRosenheim, Germany
Open University Malaysia
![Page 2: Talent Management in Industries: A Comparative Analysis Between Malaysia and Germany Prof. Dr. Karl Wagner Consultant Faculties of Business University.](https://reader035.fdocuments.us/reader035/viewer/2022081603/56649e2b5503460f94b196aa/html5/thumbnails/2.jpg)
Talent Management / Development
Structure
1.1. (D(Definition -> Rationale of TM(D))efinition -> Rationale of TM(D))
2.2. MMeasurement: 7 Global Cross-Cultural Values easurement: 7 Global Cross-Cultural Values Reconsidered for TMDReconsidered for TMD
-> Application for TQM (6 Sigma)-> Application for TQM (6 Sigma)
3.3. AAnalysis: nalysis: 3.1.3.1. Manufacturing and Manufacturing and 3.2.3.2. Service Service
4.4. IImprovement (Synthesis): mprovement (Synthesis): Creating a Generic Creating a Generic Framework from Cultural Values to TMDFramework from Cultural Values to TMD
C BI T
![Page 3: Talent Management in Industries: A Comparative Analysis Between Malaysia and Germany Prof. Dr. Karl Wagner Consultant Faculties of Business University.](https://reader035.fdocuments.us/reader035/viewer/2022081603/56649e2b5503460f94b196aa/html5/thumbnails/3.jpg)
“Talent Management”
• Represents the human factor in the organisation: the combined intelligence, skills and expertise that gives the organisation its distinctive character.
• The human elements of the organisation are those that are capable of learning, changing, innovating and providing the creative thrust which if properly motivated can ensure the long-term survival of the organisation.
Bontis, et al. 1999=> Not reserved for HIGH potentials…=> Core of Human Capital Development
1. D1. Definition TMD -> Rationaleefinition TMD -> Rationale
![Page 4: Talent Management in Industries: A Comparative Analysis Between Malaysia and Germany Prof. Dr. Karl Wagner Consultant Faculties of Business University.](https://reader035.fdocuments.us/reader035/viewer/2022081603/56649e2b5503460f94b196aa/html5/thumbnails/4.jpg)
2. Measurement: Hofstede’s 7 Global 2. Measurement: Hofstede’s 7 Global Cross-Cultural Values Reconsidered for Cross-Cultural Values Reconsidered for
TMDTMD
a) Individualism-a) Individualism-CollectivismCollectivism
b) Power Distanceb) Power Distancec) Uncertainty Avoidancec) Uncertainty Avoidanced) d) Achievement-NurturingAchievement-Nurturinge) e) Short-Term OrientationShort-Term Orientationf)f) Polychronic Polychronic
OrientationOrientationg)g) Context OrientationContext Orientation
2.1. M2.1. Measurement of TMDeasurement of TMD
Hypothesis H1: Red: Detrimental for HCOrange: must be balanced
![Page 5: Talent Management in Industries: A Comparative Analysis Between Malaysia and Germany Prof. Dr. Karl Wagner Consultant Faculties of Business University.](https://reader035.fdocuments.us/reader035/viewer/2022081603/56649e2b5503460f94b196aa/html5/thumbnails/5.jpg)
FranceFranceItalyItaly
High Context Orientation
Low Context Orientation
ChinaChina
A high context culture focuses on the implicit message, the meaning of a message is context-dependent.A low context culture is more outspoken, everything is due to reflection and discussion.
g) Context Orientationg) Context Orientationg) Context Orientationg) Context Orientation
U.S.A.U.S.A.
Arab countriesArab countriesMalaysia Malaysia
GermanyGermany
2.1. M2.1. Measurement of TMDeasurement of TMD
![Page 6: Talent Management in Industries: A Comparative Analysis Between Malaysia and Germany Prof. Dr. Karl Wagner Consultant Faculties of Business University.](https://reader035.fdocuments.us/reader035/viewer/2022081603/56649e2b5503460f94b196aa/html5/thumbnails/6.jpg)
Two Comparisons
a) Bicycle Tyre Life: Expectancy
b) Appointment: Waiting Time
2.2. M2.2. Measurement of TMD : 6 SIGMAeasurement of TMD : 6 SIGMA
Defect Reduction(DFMD)
Timeliness
![Page 7: Talent Management in Industries: A Comparative Analysis Between Malaysia and Germany Prof. Dr. Karl Wagner Consultant Faculties of Business University.](https://reader035.fdocuments.us/reader035/viewer/2022081603/56649e2b5503460f94b196aa/html5/thumbnails/7.jpg)
A. Comparison Tyres Expected Lifetime
3.1. A3.1. Analysis Tyrenalysis Tyre
13.73 months
37.63 months18.13 months
28.82 months
1. How many months should a city bicycle tyre last (estimated life expectancy at 1,000 km mileage p.a.)?
2. How many months do you think it will last on average?
n=30 n=46
![Page 8: Talent Management in Industries: A Comparative Analysis Between Malaysia and Germany Prof. Dr. Karl Wagner Consultant Faculties of Business University.](https://reader035.fdocuments.us/reader035/viewer/2022081603/56649e2b5503460f94b196aa/html5/thumbnails/8.jpg)
Cause:
•Cultural Software Programming might have an impact on the making of tyres AND delivery of quality…
Effect:
• If quality is the main buyer’s decision, TM has to adopt to certain standards, without foregoing the beauty of its own culturak originality
Defect Reduction(DFMD)
3.1. A3.1. Analysis Tyrenalysis Tyre
![Page 9: Talent Management in Industries: A Comparative Analysis Between Malaysia and Germany Prof. Dr. Karl Wagner Consultant Faculties of Business University.](https://reader035.fdocuments.us/reader035/viewer/2022081603/56649e2b5503460f94b196aa/html5/thumbnails/9.jpg)
B. Guess: if you make a business appointment, what would you expect
as an • Average delay rate
• Continuous Scale 0 – 60 min (without missing cases of “cancelled” appointments) 60
50
40
30
20
10
0
Waitin
g T
ime
Boxplot of Waiting Time
n=90
3.2. A3.2. Analysis Appointmentnalysis Appointment
Timeliness
![Page 10: Talent Management in Industries: A Comparative Analysis Between Malaysia and Germany Prof. Dr. Karl Wagner Consultant Faculties of Business University.](https://reader035.fdocuments.us/reader035/viewer/2022081603/56649e2b5503460f94b196aa/html5/thumbnails/10.jpg)
4. Improve
•Changing Mindsets?
•Mould (live up to talent strengths, and tamper shortfalls gently)
•There is no X-Y-theory, many grey zones!
4. I4. Improve: mprove:
![Page 11: Talent Management in Industries: A Comparative Analysis Between Malaysia and Germany Prof. Dr. Karl Wagner Consultant Faculties of Business University.](https://reader035.fdocuments.us/reader035/viewer/2022081603/56649e2b5503460f94b196aa/html5/thumbnails/11.jpg)
Hofstede Translated into TQM-> TMD1. Hofstede 2. Talent Managementa)a) Individualism-Individualism- CollectivismCollectivism
More Individualised Products
b) Power Distanceb) Power Distance Teamwork, CRM c) Uncertainty c) Uncertainty AvoidanceAvoidance
Processes -> TQM
d) Achievement d) Achievement
NurturingNurturingCustomer Care
e) Long/Short-Term e) Long/Short-Term OrientationOrientation
Delivery on Time
f) Polychronic f) Polychronic
OrientationOrientationDiversity Products & Service
g) Context g) Context OrientationOrientation
Clarity (Uncertainty <)
4. I4. Improve: mprove:
![Page 12: Talent Management in Industries: A Comparative Analysis Between Malaysia and Germany Prof. Dr. Karl Wagner Consultant Faculties of Business University.](https://reader035.fdocuments.us/reader035/viewer/2022081603/56649e2b5503460f94b196aa/html5/thumbnails/12.jpg)
And what will
LEAD to a SOCIETAL
COMPETITIVE ADVANTAGE
by TMD
no matter where you are located?
CENTRE OF EXCELLENCE MALAYSIA• Product & Design innovation
• Service & Distribution innovation
• Manufacturing innovation
• Total Quality concept
By bridging the gap between University and Practice…
FURTHER CONCLUSION 3
4. I4. Improve: mprove: