Chapter 10: Talent Management Flashcards

1
Q

Thunissen et al & Collings and Mellahi explanations for the popularity of TM

A
  1. ageing population
  2. globalization - war of talents
  3. international mobility
  4. knowledge-based activities are more popular
  5. getting a seat at the high management table for HR
  6. management consultants describe it as powerful market domain
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2
Q

subject approach

A

talent as people

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3
Q

object approach

A

talent as characteristics of people

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4
Q

inclusive approach

A

all employees

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5
Q

exclusive approach

A

a specific group of employees ; pool of talent

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6
Q

hard approaches

A

subject approach + exclusive approach

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7
Q

soft approaches

A

objective approach + inclusive approach

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8
Q

Boudreau and Ramstad

A players

A

pivotal talents representing a broad range of high potentials

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9
Q

Archetypes of TM

A
  1. high potential competition - represents the hard approach
  2. HRM - soft approach
  3. Talent differentiation - everybody is a talent but in specific talent areas or domains
  4. talent specialization - clear distinction of talents and non-talents, focus is on KSA and function
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10
Q

Davies and Davies def of TM

A

Talent management is the systematic attraction,
identification, development, engagement/retention and deployment of those individuals with high
potential who are of particular value of an organization

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11
Q

Collings and Mellahi def of TM

A

Activities and processes that involve the systematic
identification of key positions which differentially contribute to the organization’s sustainable
competitive advantage, the development of a talent pool of high potential and high performing
incumbents to fill these roles, and the development of a differentiated human resource architecture
to facilitate filling these positions with competent incumbents and to ensure their continued
commitment to the organization.

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12
Q

important elements in Collings and Mellahi def

A
  • key positions
  • sustainable comp adv
  • talent pool
  • HR architecture
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13
Q

the building blocks for TM thinking

A

human capital theory and RBV

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14
Q

Lepak and Snell 4 employee groups

A
  1. knowledgable - who possess core knowledge and are essential for an org in terms of their uniqueness and strategic value
  2. Alliance partners - unique knowledge but not necessarily internalized
  3. job-based employees - posses knowledge but not unique; easily replaceable
  4. Contract workers - outsourced activities, cleaning etc
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15
Q

MNCs TM

A

mostly hard apporach

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16
Q

succession planning

A

detecting, attracting, developing and

socializing future leaders of an organization