HRM403 - Talent Management and Employee Retention

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PROGRAM Master of Business Administration- MBA

SEMESTER 4

HRM403 – Talent Management and Employee Retention

Assignment Set – I

Q.1:  Write a brief note on –

Recruitment critical success factor         5

Retention critical success factor             5

Answer:

Recruitment critical success factor :

The workforce plan paves the way for aggressive and strategic recruitment of skilled and qualified candidates for an organization’s workforce. Recruitment is a significant component of an organization’s human resource planning and their competitive potential. Skilled employees at the right places in the organization constitute its key resource and can prove to be its core competency or a source of strategic advantage for it. The main aim of the hiring process is to obtain the

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

Definition of Talent Management      2

Talent management Approaches       8

Answer:

Definition of Talent Management : 

Talent management is defined as the methodically organized, strategic process of getting the right talent onboard and helping them grow to their optimal capabilities keeping organizational objectives in mind.  The process thus involves identifying talent gaps and vacant positions, sourcing for and on boarding the suitable candidates, growing them within the system and developing

Q.3 Elucidate Talent Management Processes.

Talent management processes       10

Answer:

Key Processes of Talent Management :

Organizations are made up of people who in turn create value through proven business processes, innovation, customer service, and many other important activities. People are, undoubtedly the best resources of an organization. Sourcing the best people from the industry has become the top most priority of the organizations today. In such a competitive scenario, talent management has become

Assignment Set – II

Q.1 List the checklist for successful recruiting and hiring process.

Checklist for successful recruiting and hiring process       10

Answer:

Checklist for successful recruiting and hiring process :

Given below is the checklist for successful recruitment which will assist in organising a procedure

Q.2 List out the concepts in Modern Recruitment Methods

Concepts in Modern Recruitment Methods      10

Answer:

Concepts in Modern Recruitment Methods :

The following are some of the concepts in modern recruitment methods:

 Scouting: Scouting means sending the representation of the organizations to various sources of recruitment with a view to persuading or stimulating the candidates to apply for jobs. The representatives provide information about the company and exchange information and ideas

Q.3 Write short notes on:

A brief note on promoting ethics in workplace            5

Concept and importance of Talent review                    5

Answer :

Promoting positive ethics in the workplace :

Ethics act as a basic business term as it is applicable to all workplaces. Employees who do not follow ethical values in their workplace can increase the possibility of both organizational corruption and legal problems. In any job, it is very important that employees’ behavior must be in agreement with both workplace policies and relevant state and federal laws. Failing to follow workplace behavioral ethics can damage and even destroy organizations.

Four keys to promote ethical behavior in the workplace :

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