HC 8 Flashcards
Definition of talent management (Collings & Mellahi 2009)
The systematic identification of key positions which differentially contribute to the organization’s sustainable competative advantage, the development of a talentpool of high potential and high performing incubents to fill these roles, and the development of a differentiated human recourses architecture to facilitate filling these positions with competent incubents, and to ensure their continued commitment to the organization
How are the 4 approaches of talent management defined within the definition of talent management
- Postition approach: identification of key positions
- Strategic-pools approach: Development of talentpool
- People approach: high performers and high potentials
- Practices approach: human resource architecture
Lifecycle of talentmanagement
- Identifying and acquiring talent
- Developing talent
- Evaluating talent
Most wanted job aspects business studies
1) Challenging tasks
2) Constructive Cooperation
3) Professional Development
4) Career Oppertunities
5) (Self) Responsibility
Most wanted job aspects engineering studies
1) Challenging tasks
2) Constructive Cooperation
3) Professional development
4) Innovative employer
5) Work-life balance
Most wanted job aspects Humanities studies
1) Constructive cooperation
2) Work-life balance
3) Challenging tasks
4) Responsibility towards society and environment
5) Professional development
Employer branding definition (Edwards, 2014)
“An HR activity which involves the systematic management of how an organisation is perceived as an employer; specifically to potential new recruits as well as current employees”
What things does employer branding include
- Competing in the war for talent by attracting talented employees
- Analyes of the company (uniqueness, values, strenghs)
- Employer branding segmentation
- Internal and external communication
Employer branding: How to compete in the war for talent?
existing vs potential employees
Existing employees: Commitment and Identification
Potential employees: Desire to work for the organisation
Definitions Validity, Utility analyses
Validity: The degree to which a test measures what it is supposed to measure
- Utility analyses: Is a test worth using, to the gains outway the costs
Schmidt & Huntrrrrrr validity
Work sample: R=.54 GMA: R=.51 Structured Interview: R=.51 Intergrity Test: R=.41 Unstructured Interview: R=.28 Conscientiousness: R=.31
Schmidt & Huntrrrrrr 3 IQ test combinations
IQ + integrity test: R=.65
IQ + struct interview: R=.63
IQ + Conscientiousness: R=.6
Definitions:
1) Headhuntrrrr
2) Recruiter
3) Sourcer
1) Within an organization or 3rd party fills open positions
2) Finds names/titles/contact information of possible candidates. Uses internet, networking & coldcalling
3) Hired by a company, looks for employees with certain skillset for a particular job profile, Often specialized in 1 industry/field, does not participate in the process beyond finding the candidate
Talent development: Who?
- Individual potential
- Organizational role
- Strategic development
- Collective capability
Talent development: How
4 categories of practice types
- Experimental learning
- Education
- Coaching
- Assesment