Talent management Review 1

Talent planning involves identifying staffing needs vs available personnel, and determining what additions and / or replacements are required to mantain a staff of the desired size and quality.

• True

• False

Talent planning (forecasting) must be alligned with the company's

• Strategy

• Past

• Resources

• All except "past"

Decreases in internal supply can come from

• Expansion plans

• Downsizing or layoffs

• Casualties as deaths or illnesses

• All except "expansion plans"

The talent forecast takes into account...

• Quantity of employees needed

• Quality of employees needed

• Postitions & timing

• All of the above

Strategic management involves

• Vision,& goals

• Vision & mission

• Vision & mission based on environmental scanning

Steps of strategic management are: strategy formulation, strategy implementation and strategy

• Resource allocation

• Hazards identification

• Evaluation & control

The strategy answers the questions

• When & where

• Why & when

• Where & how

• What & how

The tactical plan answers the questions

• Why & how

• What & when

• Where & how

• Why & what

The longest-term concept is

• Tactics

• Strategy

• Operations

• Environment

The company's budget, along with its expansion plans and the number of casualties occurred in internal labor supply, will affect talent forecasting

• False

• True