Work & Talent Management
What does increasing employee retention mean?
That people stay with companies that invest in their development
Paying every month to watch Netflix or listen to Spotify is an example of what type of model?
Subscription model
What is one major benefit of eco-design for consumers?
Improved brand image and customer loyalty
How does digital transformation impact business?
Improves efficiency, customer experience, and innovation
What year were baby boomers born?
1946–1964
How can talent management practices improve employee engagement and retention?
By providing growth opportunities, recognition, and aligning roles with employee strengths
Airbnb is often cited as a classic case of what model?
Sharing economy
What is the goal of eco-design strategies in corporate sustainability?
Minimize environmental impact throughout a product’s lifecycle
What affects digital transformation in Mexican companies?
Politics, culture, economy, and society
What is the 3rd SDG?
Health and well-being
What are the key components of an effective talent management strategy?
Workforce planning, recruitment, development, performance management, and retentionHealth and well-being
What is the main difference between the sharing economy and traditional ownership models?
Access is prioritized over ownership, unlike traditional models
Creating a continuous lifecycle for products, minimizing resource use and environmental impact, is an example of…
Circular economy
What challenge involves attracting young and older workers together?
Generational issues
Risks of poor mental health in companies?
Less productivity, bad image
How should organizations balance between developing internal talent and hiring externally?
Invest in internal growth for continuity while hiring externally for fresh skills and perspectives
In a subscription model, one main differentiator compared to traditional sales is what?
Predictable revenue
Give one example of a global sustainability initiative companies adopt.
United Nations Sustainable Development Goals (SDGs)
Flexible schedules and mindfulness programs are examples of…
Workplace wellness
Eco-design can improve…
Brand image and loyalty
What role does technology (e.g., HR analytics, AI tools) play in enhancing talent management?
It streamlines recruitment, tracks performance, and predicts workforce needs
When companies use information about customers to make better decisions, they are being…
Data-driven
The Global Reporting Initiative (GRI) and the UN Global Compact are examples of…
Global sustainability initiatives
One major benefit of telecommuting is…
Better work-life balance
A circular economy focuses on…
Reuse, repair, and recycle