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ey-africa-attractiveness-program-2016-staying-the-course
ey-africa-attractiveness-program-2016-staying-the-course
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Experience and expectations in respect of recruitment from other<br />
African countries and the returning African diaspora remain<br />
unchanged, suggesting that organizations are seeing these as<br />
supplementary rather than alternate labor markets.<br />
More than pay is needed to retain staff<br />
In a more competitive labor environment the ability to attract and<br />
retain skills becomes increasingly important. Organizations appear<br />
<br />
offer competitive pay packages is recognized as key to attracting<br />
employees, factors relating to the workplace environment (learning<br />
<br />
are viewed amongst the most important factors for retaining staff.<br />
Toward a more deliberate response to managing talent<br />
Organizations are also recognizing that the competitive labor<br />
environment demands a more deliberate, integrated response.<br />
<br />
<br />
management and leadership development, and talent management<br />
<br />
will managers be fully empowered to empowered to help their<br />
staff be productive that their staff are productive, engaged and,<br />
ultimately, retained.<br />
Source: Realising potential, EY 2014 Sub-Saharan Africa talent trends and practices survey<br />
P<br />
The point has already been made that relationships matter,<br />
perhaps more so in Africa than in any other region, but it cannot<br />
<br />
<br />
partnerships are often critical to success — an effective local<br />
partner can help a new market entrant to hit the ground running,<br />
providing support with, for example, navigating bureaucracy,<br />
coming to terms with local operating issues, and developing an<br />
understanding of consumer or client dynamics.<br />
Of <strong>course</strong>, having a local business partner is not a guarantee of<br />
success, and selecting the wrong partner can even become a<br />
barrier to success. Conducting a thorough due diligence before<br />
entering into a partnership with a local company is therefore,<br />
<br />
<br />
<br />
information about the local company from a broad range of<br />
<br />
that the potential partner has a good credit history, is ethical<br />
in its dealings and adheres to values that match those of your<br />
organization.<br />
EY’s Africa Attractiveness Program 2016 Staying the <strong>course</strong><br />
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