Mqm 323 exam 3 Jia Question and
answers rated A+
talent management - correct answer ✔concerned with enhancing the
attraction, long-term development, and retention of key human resources
successful talent management - correct answer ✔-attracts and retains talent
-looks for individual characteristics that lead to job success
-provides good development opportunities
-has management that builds confidence
Keep HiPos Engaged by: - correct answer ✔-Discuss future with them
-Discover their career aspirations
-Offer high-profile assignments
-Offer interaction with senior leaders
success planning - correct answer ✔-preparing for inevitable vacancies in
the organization hierarchy such as retirements, transfers, promotions,
turnover
-should include a well-designed development system for employees
-define key positions and involve key managers in talent identification,
mentoring, and coaching
buy talent +'s and -'s - correct answer ✔Advantages:
-company can tap into new knowledge/perspectives
-obtain needed skills that will help the company
, Disadvantages:
-can be a costly strategy
-risk associated with hiring unproven employees
make talent +'s and -'s - correct answer ✔Advantages:
-company can provide employees required competencies and advancement
opportunities
-highly cost effective
-employees already known
Disadvantages:
-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
Career planning types - correct answer ✔Traditional Perspective:
-Employer is expected to lead employee development; employee focus on
upward moves to gain status and rewards
Contemporary perspective: Employees are proactive about their own
satisfaction, determining skills, competencies, work-life balance, personal
challenges
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