MU0017 – TALENT MANAGEMENT AND EMPLOYEE RETENTION

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ASSIGNMENT

DRIVE	SPRING 2017
PROGRAM	Master of Business Administration- MBA
SEMESTER	4
SUBJECT CODE & NAME	MU0017 – TALENT MANAGEMENT AND EMPLOYEERETENTION
BK ID	B1869
Credit & Marks	4 CREDIT, 60 MARKS

Note: Answer all questions. Kindly note that answers for 10 marks questions should be approximately of 400 words. Each question is followed by evaluation scheme.

Question. 1. What are competency characteristics? Describe some of them.

Answer:Competence is the ability of an individual to do a job properly. A competency is a set of defined behaviors that provide a structured guide enabling the identification, evaluation and development of the behaviors in individual employees. The term "competence" first appeared in an article authored by R.W. White in 1959 as a concept for performance motivation. In 1970, Craig C. Lundberg defined the concept in "Planning the Executive Development Program". The term gained traction when in 1973, David McClelland wrote a seminal paper entitled, "Testing for Competence Rather Than for Intelligence". It has since been popularized

Question. 2. Define Talent Management. Discuss the Talent management Approaches.

Answer:In order to get a sense of where the practice of talent management is headed, it may be helpful to explore briefly where it has come from. The notion of talent management as defined above is associated with the rise of large corporations in the 1950s. The firms that dominated the early days of industrial production had no talent management issues. The owners were the managers, but there was often little to manage, as

Question. 3. Briefly describe the different Talent Management Processes?

Answer:A talent management system (TMS) is an integrated software suite that addresses the “four pillars” of talent management: recruitment; performance management; learning and development; and compensation management.

Whereas traditional HRMS and enterprise resource planning (ERP) systems focus primarily on transaction processing and the administration of basic human

Question. 4. Explain the key Compensation principles. What do you mean by Total rewards? Describe the elements of Total rewards

Answer:The Worldat Work Total Rewards Model demonstrates the dynamic relationship between employers and employees. Originally introduced in 2000, it has evolved to depict the strategic elements of the employer-employee exchange as well as to reflect how external influences and an increasingly global business environment affect attraction, motivation, retention and engagement.

What Is Total Rewards?

Question. 5. Explain the role of IT in Talent Management Systems.

Answer:Information technology and system have changed the way business gets conducted. Every decision-making process is enhanced with utilization of an information system. Information systems have been deployed by human-resource team to enhance employee employer relationship.

Companies require great deal of contribution from employee for its success though information systems have made several processes automated.

Question. 6.Write short notes on:

a)Promoting ethics in workplace

Answer:It is important for staffers to focus on accomplishing key company goals and developing good working relationships in the office, but it is equally important to ensure ethical conduct among employees. Ethical conduct ensures that your business maintains a reputation for sound professional principles and values that are directly in

b)Talent Review

Answer:The talent review process is centered around one or more talent review meetings intended to evaluate organizational trends, assess strengths, and address areas of risk for an entire organization. The people invited to participate in the meeting, who are generally managers within the organization that is being reviewed, can review

Dear students get fully solved assignments

Send your semester & Specialization name to our mail id :

  “ help.mbaassignments@gmail.com ”

or

Call us at : 08263069601

(Prefer mailing. Call in emergency )