Final Assessment - Talent Management & Succession Planning

What is Talent? (you may select multiple options)

• A person's abilities, intrinsic gifts

• Skills, knowledge, experience

• Intelligence

• Judgement, attitude, character, drive

• None of the above

What are some of the results of hiring the wrong talent?

• Managers spend more time monitoring and correcting poor performance (versus coaching and recognizing good performance).

• Despite lost productivity, departments will be grateful that HR is looking for their replacement.

• The shift from being proactive (moving forward) to reactive (making sure nothing goes wrong) hurts the organization’s performance and its bottom-line

• The company can lose their recruiting, onboarding, training, and development investment.

What are two objectives of Job Rotation?

• Succession planning

• Employee leave

• Creating right Employee-Job fit

• Compensation

What is the difference between Recruitment and Talent Acquisition?

• Recruitment is a linear process that involves searching for a specific candidate to fill a specific position, while talent acquisition is a cyclical approach that’s geared towards building relationships, anticipating future hiring needs, and creating a sustainable pool of candidates.

• Recruitment is a strategic approach that attracts, recruits, develops and nurtures a talent pipeline, while Talent Acquisition is reactive

• The core function of recruiting and talent acquisition is to find candidates for existing jobs that are currently available.

What are the benefits of succession planning? (select multiple answers as appropriate)

• It supports organizational growth

• Helps recruit and retain the best talent

• ensures that the organization can quickly and effectively react to change

• ensures that employees can move ahead based on seniority or tenure

What are the 2 useful tools that a succession planning strategy should include?

• Talent bench review & the 9-box grid

• EVP & workforce segmentation

• Metrics & Branding

• Outsourcing & Process Excellence

Select 3 elements of Talent Acquisition

• Planning & Strategy

• Workforce segmentation

• Employee branding

• Cyber security

• Balanced Scorecard

Define Employee Value Proposition (EVP) - select the right definition

• Everything a company can offer as an employer, in exchange for all the skills and experience employees bring to the table.

• It is a potential employee's reputation and popularity from a potential employer's perspective

• the value a potential employee promises to deliver to a company should they choose to employ them

Select some components of the Talent Management wheel

• Talent Acquisition

• Performance Management

• Succession Planning

• Employer Branding

• Process Reengineering

What are some methods of sourcing & recruiting?

• Job Ads

• Social community recruiting

• Employee referrals

• Career fairs