Lecture 8- Global Talent Management

Question 1

What is talent management?

Answer 1

The systematic use of specific HR policies and practices to manage the several global talent challenges

Question 2

Why is Talent Management becoming an increasingly important issue for HRM professionals?

Answer 2

Because of impeding changes in the demographics of the employee pool

Question 3

What are HiPos (High Potential Employees) characterised by?

Answer 3

Aspiration to take on responsibilities (Aspiration)
Innate characteristics and learned skills to do the work (Ability)
Emotional and rational commitment to organisational goals (Engagement)

Question 4

What are the four ‘Approach’ philosophies?

Answer 4

1. Key people
2. Key practices
3. Key position
4. Key strategic pools