11.2 Board talent management overview Flashcards
Who has the broad accountability for talent management?
The Chair, supported by the nomination committee.
Who wrote “The War For Talent”?
Stephen Hankin (1997)
Why can it be dangerous to focus on “X-factor” in talent management?
Too much charistmatic, masculine, heroic leadership can lead to derailing behaviours, e.g. Enron collapse.
What is the CIPD’s 2018 definition of talent management?
The system of attraction, identification, development, engagement and deployment of those individuals with high potential who are of particular value to an organisation.
What is the problem with the CIPD definition of talent management?
It implies that there are a talented few to whom talent management should be bestowed.
Research shows that internally recruited leaders are more successful than external ones. Why is this?
Internal leaders have a greater fit and understanding of the context of the organisation than external hires.
Give an examples of a UK Code provision relating to talent management.
Provision 17 - The board should establish a nomination committee to lead the process for appointments, ensure plans are in place for orderly succession to both the board and senior management positions, and oversee the development of a diverse pipeline for succession.
