Talent Management Practice Analysis of Lan Airlines Company Research Paper

Talent Management Practice Analysis of Lan Airlines Company - Research Paper Example Being a highly successful company in Latin America, the company has been known for its ideal business integrated model. Almost 86 years in the aviation industry has allowed the organization to accomplish its desired goals and objectives but still the organization is working towards the accomplishment of its challenging vision (i.e. to be recognized as one of the top 10 airlines in the world) (LAN Airlines. (2013). The utmost attention given to efficiency and performance has resulted in ‘0’ (zero) flight accidents since 1991. The key success factors of LAN include the timely care and professional development of the workforce. This has allowed the organization to perform effectively while providing the employees with several opportunities for development through professional training sessions (LAN Airlines, 2012b). The talent management system at LAN has played a crucial role in the success of the company over the past few decades. Through the talent management system, the organization has continually been provided with opportunities to convert LAN into a highly successful and high performance company in the aviation industry. In addition, the corporate training and development sessions at LAN are considered to be an investment through which it strengthens its workforce to become fundamental pillars of LAN Airlines. As a result of such extensive training sessions, LAN has always been equipped with quality staff (i.e. staff with skills and competencies to overcome internal and external issues effectively). BACKGROUND OF THE INTERVIEWEE Mr. Johnson works as a HR Executive at LAN Airlines and has been with the organization for the past 3 years. He is responsible for... This research paper discusses the talent management of the LAN Airlines company, that could be defined as a systematic process through which an organization ensures quantity as well as quality of people that could help it to achieve the desired business objectives effectively. Through this process, the organization is provided with an opportunity to identify the gaps between the talent available at the organization and the required talent for the profitable achievement of organizational objectives to drive business success. Moreover, organizations have become aware the talent management not just helps in the management of employees but also plays a crucial role in the creation of organizational value. The aim of this research paper is to evaluate the talent management practices taken into consideration at LAN Airlines for the accomplishment of desired goals and objectives. In addition, the practices through which LAN Airlines enhance it values through the talent management practices. For the achievement of the challenging vision of LAN Airlines in a highly competitive industry, the organization has shifted its focus towards the achievement of overall success and increased performance through talent management system. Talent management as well as succession planning has always been the strength of LAN Airlines and has provided the organization with inevitable success over other competitors in the market and with several opportunities to enhance the capabilities and abilities of its workforce.