identifying the most important jobs in a company that provide a long term competitive advantage and then creating appropriate HR policies to develop employees so that they can effectively work in these jobs correct answers strategic talent management
holistic approach to leveraging and building ...
HRM 353 Exam 3 || All Answers Are Correct 100%.
identifying the most important jobs in a company that provide a long term competitive advantage
and then creating appropriate HR policies to develop employees so that they can effectively work
in these jobs correct answers strategic talent management
holistic approach to leveraging and building human capital correct answers integrated talent
management (ITM)
How do you maximize the value of talent management? correct answers -invest in human capital
(not short term cost)
-deploy workers with high competency and capability
-focus on training, succession planning, career planning, development, and performance
management
What does successful talent management accomplish? correct answers -attracts/retains talent
-provides good development opportunities
identify the types of jobs that will be the focus of talent management efforts correct answers
target jobs
reduces the risk of developing talent of an employee who would choose to leave the organization
with the skills gained (volunteering) correct answers development risk management
develop competitive Human Resources or hired inviduals who are already developed from
somewhere else correct answers make-or-buy
show high promise for advancement in organization correct answers High-potential individuals
(Hi Pos)
How to keep Hi-Pos employees engaged? correct answers -discuss future with key players
-discover career aspirations
-offer high-profile assignments
-offer interaction with senior leaders
preparing for inevitable vacancies in the organization hierarchy correct answers succession
planning
What is the succession planning process? correct answers -integrate with strategy
-involve top-management
-assess key talent
-follow development practices
-Monitor and evalutate
, a matrix showing past performance and future potential of all employees correct answers nine-
box talent grid
What are the benefits of succession planning? correct answers -high qualified individuals
-career opportunities and plans
-basis for continual review
-enhancing the brand
-generate confidence
series of work related positions a person occupies throughout his or her life correct answers
career
employer is expected to lead in employee development; focus is on upward movement in gaining
status and rewards correct answers traditional perspective
employees are proactive about their own satisfaction, determine skills, competencies, work-life
balance, and personal challenges correct answers contemporary perspective
-numerous short learning cycles
-willing and able to adapt to changes
-self-directed, proactive
-seek feedback
-reward is pride in work
-career plan is driven by employees, not employer correct answers protean career
focuses on identifying career paths that provide for the logical progression of people between
jobs in an organization correct answers organization-centered career planning
focuses on an individual's responsibility for a career rather than an organization involvement in
the process or consideration of a company's needs correct answers individual-centered career
planning
employees' movements through opportunities over time correct answers career paths
-20 to 30 years
-Needs: identify interests & exploring jobs
-Concerns: external rewards, acquiring capabilities correct answers early career
-30 to 40 years
-Needs: advance in career, deal with lifestyle preferences and limitations
-Concerns: values, contribution, integrity, well-being correct answers mid-career
-50 to 60 years
-Needs: update skills, settled in, leader with valued opinions
Concerns: mentoring, career continuance, disengagement correct answers Late career
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller FullyFocus. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $11.99. You're not tied to anything after your purchase.
