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DRIVE-Fall 2014 PROGRAMMBADS (SEM 4/SEM 6) MBAFLEX/ MBAN2 (SEM 4) PGDHRMN (SEM 2) SUBJECT CODE & NAME-MU0017 – Talent Management BK ID-B1869 CREDIT & MARKS-4 Credits, 60 marks |
Q1. Explain the key elements of Talent Management System.
(Explaining the key elements of a Talent Management system) 10
Answer.
Key elements of a Talent Management system
The key elements of Talent Management System are explained as follows:
Performance: A performance management system increases the productivity and confidence in an organisation, if planned and implemented effectively. Performance management systems should be visibly related to training or development and recognition or compensation systems within the organisation in order to increase productivity and retention.
Q2. Define Talent Management. Discuss the Talent management Approaches.
(Definition of Talent Management, Explaining the Talent management Approaches)2,8
Answer.
Talent Management
Talent management refers to the anticipation of required human capital for an organization and the planning to meet those needs. Talent management in this context does not refer to the management of entertainers.
Talent management is the science of using strategic human resource planning to improve business value and to make it possible for companies and organisations to reach their goals. Everything done to recruit, retain, develop, reward and m
Q3. Explain the key elements of Talent Management System.
(Explaining the key elements of a Talent Management system) 10
Answer.
Key elements of a Talent Management system
The key elements of Talent Management System are explained as follows:
Performance: A performance management system increases the productivity and confidence in an organisation, if planned and implemented effectively. Performance management systems should be visibly related to training or development and recognition or compensation systems within the organisation in order to increase productivity and retention.
Q.4 Explain the key Compensation principles. What do you mean by Total rewards? Describe the elements of Total rewards. [Explaining the key compensation principles, Definition of Total rewards, Explaining the elements of Total rewards]
ANS:
Total Rewards
All of the tools available to the employer that may be used to attract, motivate and retain employees. Total rewards include everything the employee perceives to be of value resulting from the employment relationship.
Key compensation principles
There are few key compensation principles. They are:
Q5. Explain the organizational issues pertaining to Talent Management.
(Explain the organizational issues pertaining to Talent Management)10
Answer.
Organizational issues pertaining to Talent Management
Organisational issues pertaining to talent management could arise because of focusand fit.
(i) Focus: The different types of focus are:
Q6. Write short notes on:
- A) Workforce Analysis
- B) Talent Review
(A brief note on Workforce Analysis, Concept and importance of Talent review) 5,5
Answer.
- A)Workforce Analysis
Workforce Analysis provides information regarding the current workforce across mission critical occupations, including demographic and background characteristics of the current workforce, retirement eligibility, turnover, and various workforce management issues (i.e., recruitment and
Dear students get fully solved SMU MBA Fall 2014 assignments
Send your semester & Specialization name to our mail id :
“ help.mbaassignments@gmail.com ”
or
Call us at : 08263069601
(Prefer mailing. Call in emergency )