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1. Dear students get fully solved assignments
Send your semester & Specialization name to our mail id :
“ help.mbaassignments@gmail.com ”
or
Call us at : 08263069601
ASSIGNMENT
DRIVE WINTER 2014
PROGRAM MBADS (SEM 4/SEM 6)
MBAFLEX/ MBAN2 (SEM 4)
PGDHRMN (SEM 2)
SUBJECT CODE & NAME MU0017 – TALENT MANAGEMENT AND EMPLOYEE
RETENTION
BK ID B1869
Credit and Max. Marks 4 credits; 60 marks
Note – Answer all questions. Kindly note that answers for 10 marks questions should be
approximately of 400 words. Each question is followed by evaluation scheme.
1 Explain the key elements of Talent Management System.
Answer: : Most researcherstodaystressthe importance of talent management. Strategic meaning
of talent management comes from the fact that success in international business depends most
importantly on the quality of top executive talent and how effectively this critical resource is
developed and managed. To manage talent in a maximum way would be like having a crystal ball
that preventswhat will happeninthe future toavoid mistakes. There is, however, no such tool and
that is why talent management is so important. Management literature has for many years been
dominated by talent management and there are many different aspects of this, but one suggests
that there are two key dimensions that need
Q2. Define Talent Management. Discuss the Talent management Approaches.
Answer : Talent management is the integrated process of ensuring that an organization has a
continuous supply of highly productive individuals in the right job, at the right time. Rather than a
one-time event,talentmanagementisacontinuousprocessthatplanstalent needs, which includes
the following:
 builds an image to attract the very best
 ensures that new hires are immediately productive
 helps to retain the very best

2. 3. What are the responsibilities undertaken by an HR to ensure compliance to regulations?
Explain the steps involved in ensuring safe work environments
Answer: Answer: The humanresources(HR) functionisat the centerof most employers’efforts to
identify, hire and retain the people the organization needs to execute its strategy and achieve its
goals. But the HR function is a key player within the organization’s compliance structure as well.
There are numerous laws and regulations governing the employment relationship that HR
professionals must understand and
4. Explain the key Compensation principles. What do you mean by Total rewards? Describe the
elements of Total rewards.
Answer: Compensationpractices atlarge financial institutionswereakey contributing factor to the
global financial crisis. The FSB Principles for Sound Compensation Practices and their
ImplementationStandards(Principles and Standards, P&S) were developed to align compensation
with prudent risk-taking, particularly at significant financial institutions.
The Principlesrequire compensationpracticesinthe financial industrytoalignemployees'incentives
with the long-term profitability of the firm.
Q5. Explain the organizational issues pertaining to Talent Management.
Answer : The concept of talent management seems to be attractive. Talent management is
considered to be the process of developing the workforce for the future. The entire idea of talent
management has a positive attitude. It is associated with doing things for your best people and
developingtheirstrengths.The needsof the organanisationsandthe individual canbe met by talent
management.
Organizational issues could be of because of focus and fit. The different types of focus are:
 Step by step focus.
 Leadership focus.
6 Write short notes on:
a)Workforce Analysis
Answer : Having identified organizational priorities, the next step focuses on the roles and
capabilities needed for the department to be successful.
• Identification of Critical Roles
The leadershipteamidentifiesthe keyjobfunctionsandjobrolesthatwill be the initial focus of the
talent review discussions.
Depending on the need, a talent

3. b)Talent Review
Answer : Having set the organizational context, management teams can proceed wtih a review of
"talent" in the organization.
The type and emphasis of a talent review can vary depending on the department's need.
Talent review examples include:
Talent Inventory focuses on the current performance and future potential of a selected employee
group.
The goal is to get a collective perspective of strengths, needs and development opportunities for
specific employees, and to identify the
Dear students get fully solved assignments
Send your semester & Specialization name to our mail id :
“ help.mbaassignments@gmail.com ”
or
Call us at : 08263069601