MQM 323 Exam 3 Questions with complete solution
Chapter 9- 13 questions - correct answer Talent, Careers, and Development
Talent, Careers, and Development - correct answer Concerned with enhancing the attraction, long-term development, and retention of key human resources
-Right Peopl...
MQM 323 Exam 3 Questions with
complete solution
Chapter 9- 13 questions - correct answer ✔Talent, Careers, and
Development
Talent, Careers, and Development - correct answer ✔Concerned with
enhancing the attraction, long-term development, and retention of key human
resources
-Right People
-RIGHT Capabilities
-right time
- right place
High-potential individuals (High-pos): - correct answer ✔Show high promise
for advancement in the organization
Approaches to keep high-pos engaged
Recognize their talents
Include them in the development process
Succession Planning, Purpose, what role in retention and motivation - correct
answer ✔Preparing for the inevitable movements of personnel that creates
holes in the hierarchy that need to be filled by other qualified individuals
Should include a well-designed development system for employees to reach
its full potential
, Right people should be placed in the right positions to obtain organizational
goals
Make-or-buy: - correct answer ✔Develop competitive human resources or
hire individuals who are already developed from somewhere else
Buy talent - correct answer ✔Adv: Company can tap into new
knowledge/perspectives
Obtain needed skills that will help the company
Dis Adv: Can be a costly strategy
Risk associated with hiring unproven employees
Risk associated with hiring unproven employees
Make talent - correct answer ✔Adv: Company can provide employees
required competencies and advancement opportunities
Highly cost effective
Employees already known
Dis Adv:Limited ability to secure new knowledge/ perspectives
Succession Planning Mistakes - correct answer ✔Focusing only on CEO and
top management succession
Starting too late, when openings are occurring
Not linking well to strategic plans
Allowing the CEO to direct the planning and make all succession decisions
Looking only internally for succession candidates
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