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MU0017 — Talent Management

Dear Students,

SMU MBA Summer 2014 Assignments are available. For Booking ,Kindly mail us on kvsude@gmail.com OR call us to +91 9995105420  or S M S your “ Email ID ” us in the following Format  “  On +91 9995105420 we will reach back you with in 24H ”

 

DRIVE-Summer 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)

Answer.

Key elements of a Talent Management system

The key elements of Talent Management System are explained as follows:

 

Recruitment and Selection: Recruitment is the process of finding and hiring the best-qualified candidate for a job opening, in a timely and cost effective manner. Recruitment and retention have become a big challenge for organisations due to the continuing global talent shortage, the changing worldview of work by new generation employees entering the workforce, and the ever increasing evidence that poor recruitment decisions have a direct impact on the bottom line.

 

Q.2 Explain the importance of Talent Management Process. Describe the stages of Talent Management Process. (Importance of Talent Management Process, Explaining the stages of Talent management Process)

 

ANS:

 

Importance of Talent Management Process

 

The functioning of a talent management process is clear and reasonable process which is used to create an atmosphere for people to develop their skills in training thereby preparing the organisation for changing roles. Particularly, the talent management process provides a lot of benefits to employees, managers and the organisation. Some of these benefits are given below:

 

Q3. What are the responsibilities undertaken by an HR to ensure compliance to regulations? Explain the steps involved in ensuring safe work environments

(Explaining the HR duties to ensure compliance to regulations, Explaining the steps involved in ensuring safe work environments)

Answer.

HR duties to ensure compliance to regulations

To ensure compliance to regulations, the HR must:

 

  • Have the right skills and experience to support the compliance process.

 

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:

 

  • Consider the unique characteristics and specific needs of organisation: The unique characteristics and

 

Q.5 Explain the concept of Talent Acquisition .Explain the talent acquisition strategies (Concept of Talent Acquisition strategies, Explanation of the Talent acquisition strategies)

 

ANS: 

 

Concept of talent acquisition strategies

 

Talent acquisition is a method in which all the sub-processes including recognising, attracting, and recruiting highly talented candidates are carried out. Traditional recruitment process is considered to be a broader ‘talent acquisition’ concept which plays a crucial role in talent management. Primarily, talent acquisition is an element of broader planned approach in corporate environment. This helps in acquiring and sustaining a competitive benefit at present

 

 

Q6. Write short notes on:

A) Workforce Analysis

B) Talent Review

(A brief note on Workforce Analysis, Concept and importance of Talent review)

Answer.

A) Workforce Analysis

It is a systematic process in which an organisation identifies the critical jobs and competencies, needed for the current and future employees, and develops strategies to overcome any gaps.

 

 

Dear Students,

SMU MBA Summer 2014 Assignments are available. For Booking ,Kindly mail us on kvsude@gmail.com OR call us to +91 9995105420  or S M S your “ Email ID ” us in the following Format  “  On +91 9995105420 we will reach back you with in 24H ”

 

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