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DRIVE-winter 2015PROGRAMMBADS (SEM 4/SEM 6) MBAFLEX/ MBAN2 (SEM 4) PGDHRMN (SEM 2)SUBJECT CODE & NAME-MU0017 – Talent ManagementBK ID-B1869CREDIT & 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 theproductivity and confidence in an organisation,
if planned and
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
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
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 becauseof focus and fit.
(i)
Focus: The different
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
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