Talent Management
Identifying the most important jobs in a company that provide a long-term competitive advantage and then developing employees to effectively work these jobs
What is Strategic Management?
Preparing for inevitable vacancies in the organization hierarchy
What is Succession Planning?
Series of work-related positions a person occupies throughout his or her life
What is a Career?
The flexibility is attractive to many workers, but the lack of face-to-face interaction can create career concerns
What is Remote work?
Holistic approach to leveraging and building human capital
What is Integrated Talent Management (ITM)
In succession planning what may a company consider
What is the reduced costs of turnover, higher performance, and organizational profitability
In this perspective success is measured through money, power, and status
What is a Traditional Perspective?
System that allows a person to advance through either a management or a technical/professional ladder
What is a dual-career ladder system?
This is an investment that can be a source of competitive advantage for organizations
What is Human Capital?
A matrix showing past performance and future potential of all employees
What is the Nine-Box Talent Grid?
In this perspective success is measured in terms of intrinsic satisfaction
What is a Career Perspective?
Artificial limits and higher levels of scrutiny as to candidate quality are commonly applied to minority workers
What is a Glass Ceiling?
The two things successful Talent Management does
1. Attracts and retains talent
2. Provides good development opportunities
The last step in the succession planning process
What is Monitoring and Evaluating?
Elements of a Protean Career include:
1. Psychological success
2. Numerous short learning cycles
3. Willing and able to adapt to changes
4. Self-directed, proactive
5. Seeks feedback to form accurate self-perceptions
6. Reward is pride in work and achievement
The process of working hard before childbirth, plateauing one's career track, and then returning to career-focused jobs that allow flexibility when kids get older
What is Sequencing?
The three main aspects of the Integrated Talent Management process
Hint: Figure 9-1
1. Acquisition and staffing
2. Talent Management Components
3. Results and Work Outcomes
The benefits of the Succession Planning Process include
1. Having a supply of highly qualified individuals ready for future job openings
2. Offering pathways for more diverse candidates to advance within the organization
3. Generating confidence for investors and other stakeholders
Focuses on an individual’s responsibility for a career rather than on organizational involvement in the process or consideration of a company’s needs
What is Individual-centered career planning?
After bearing children, their career planning and advancement may be disrupted
What is an example of a challenge women face throughout their careers?