1 The production base of advanced Western economies is evolving from a
focus on industry to a focus on knowledge and service. This has
contributed to a shift in what is recognised as an organisation's primary
source of competitiveness. The key resource in this new environment is…
1 Geography
2 Machines
3 Capital
4 People
2 Each of the following is characteristic of what Michaels et al (2001) term
the new business reality with the exception of…
1 Companies need people
2 Talented people are the competitive advantage
3 People are mobile and their commitment is short-term
4 Jobs are scarce and people need companies
3 Each of the following is characteristic of the 'new way' of employee
recruitment, with the exception of…
1 All managers, starting with the CEO, are accountable for
strengthening their talent pool
2 We treat everyone the same and like to think of everyone as
equally capable
3 Recruitment is like marketing
4 We fuel development primarily through stretch jobs, mentoring and
coaching
4 In their seminal work on 'talent management', Michaels et al (2001)
identified five key areas for organisations to act upon if they are going to
make talent a source of competitive advantage. Which of the following is
not one of them?
1 Embrace a talent mindset
2 Craft a winning employee value proposition
3 Focus on talent management in periods of skill shortages
4 Weave development into your organisation
5 Which of the following can be considered factors in the new mindset for
talent management?
1 A deep conviction that better talent leads to better corporate
performance
1
, 2 Talent management is a central part of how we run the company
3 I take bold actions to build the talent pool that I need
4 All of the above
6 According to the McKinsey report, talent management is increasingly
becoming a role that CEO's must participate in. As such, they suggest that
leaders must undertake each of the following, except for…
1 Delegate this task where possible
2 Instil a talent focused mindset within the organisation
3 Invest real money in talent
4 Be accountable for talent management
7 In the McKinsey study of what employees look for when deciding on a
place of employment, which of the following was most strongly related to
satisfaction?
1 Work they are passionate about
2 Being paid highly
3 Work that is both interesting and challenging
4 Career advancement opportunities
8 In terms of structuring recruitment strategies that meet the demands of the
new environment, employers are advised to…
1 Only grow their own talent
2 Advertise to job hunters
3 Tap many diverse pools of talent
4 Hire as needed with no overall plan
9 Which of the following is NOT characteristic of new approaches to
development?
1 The organisation owns the talent
2 Everyone has development needs and receives coaching
3 Mentors are assigned to every high potential person
4 Development is woven into the fabric of the company
10 According to the 'Hard' approaches to HRM, the focus should be on…
1 High performers
2 Low performers
3 Solid performers
4 None of the above
2
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