Question: Read carefully through the case study below and answer the questions that follow: Managing talent effectively is critical for an organisation to ensure they meet
Read carefully through the case study below and answer the questions that follow: Managing talent effectively is critical for an organisation to ensure they meet their strategic objectives and remain competitive. Considering this, the executive management of Skyla Financial Services (SFS) decided it was time to revise their strategic human resource model. Upon deliberation, they realised they had not stayed abreast with the new way of work brought about by the Fourth Industrial Revolution (4IR) as well as the needs of their workforce, consisting of predominantly millennials. A key component identified was the need to introduce virtual teams into the organisation and working online, rather than at a designated, physical office location - in other words, creating a work environment in which employees are no longer required to be office bound five days a week, but where they can work online from home. This would be conditional upon having access to all the resources needed at home to be fully operational, such as suitable workspace, internet connectivity, electricity and a laptop, to name a few. Executive Management agrees working from home holds numerous benefits to the employees and their wellbeing as it will result in reduced travel cost and time
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