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DRIVE- Summer 2015
Semester- (SEM 4)
Subject code &
name-MU0017 - TALENT MANAGEMENT AND EMPLOYEE RETENTION
Q1. Explain the
need for talent management. What are the consequences of failure in Managing
Talent?
(Need for talent
management-7 marks, Consequences of failure in Managing Talent-3 marks) 10
marks
Answer.
Need of talent management
Workforce cost is the major portion of
resources spends for most organizations. Automation and analysis of the
recruiting and hiring processes provides the immediate workforce needs and
insights required to significantly improve the
Q2. What are the
building blocks of effective talent management system? Explain any one.
(Listing the
building blocks of talent management-1 marks, Explanation of any one of the
building blocks-9 marks) 10 marks
Answer.
Four Building Blocks of Effective Talent
Management System
Successful companies seek to determine
the actual or potentials of each employee’s capability for adding value to the organization.
This allows them to maximize their contribution through appropriate investment
in training and development. Improper allocation of compensation and training
recourses can result in unwanted turnover, morale, and
Q3. Define talent
planning. What are objectives and steps of Talent Planning?
(Definition of
talent planning-3 marks, Objectives of talent planning-3 marks, Steps of talent
planning-4 marks) 10 marks
Answer.
Talent planning-an overview
Talent planning mainly focuses on the
responsibilities of leaders. These responsibilities include developing the
workforce and also think about their future roles and assignments determined by
the organizational needs.
Objectives of Talent
Q4. What is meant
by talent acquisition? Explain some of the talent acquisition strategies.
(Meaning of talent
acquisition-3 marks, Explanation of talent acquisition strategies-7 marks) 10
marks
Answer.
Talent Acquisition
Talent acquisition is an influential
software tool used to administer all the sub-processes that are involved in recognizing,
attracting, and finally employing highly-talented and skilled people who are
more productive for the company. The main advantage of the talent acquisition
software is that it reorganizes the complete hiring process and
Q5. Why ‘employee
engagement’ is important? What are the factors of engagement? Describe some of
the best practices in talent engagement.
(Importance of
employee engagement-2 marks, Factors of engagement-2 marks, Best practices in
talent engagement-6 marks) 10 marks
Answer.
Importance of
employment engagement
An organization’s ability to achieve increased productivity and advanced business
results is strongly associated with its skill to handle employee engagement. The performance of engaged employees is
usually better and are hence more
Q6. Describe some
of the major challenges in talent management. (Description of major challenges
in talent management) 10 marks
Answer.
Today’s top 10 Talent Management
Challenges
Talent management is the
systematic attraction, identification, development, engagement/retention and
deployment of the employees. These employees are of particular value to an organization,
either in view of their „high potential‟ for the future
or because they are fulfilling
Get fully solved assignment. Buy online from website
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or
plz drop a mail with your sub code
we will revert you within 2-3 hour or immediate
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if urgent then call
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