HCAD 710 Exam 4 Special Topic Talent Management Questions And Answers 2023

HCAD 710 Exam 4 Special Topic Talent Management Questions And Answers 2023 Talent Management - Correct answer-Acquisition, Development, Engagement, Retention Talent Acquisition - Correct answer-5 or more employees Strategic Plan Resource Allocation Recruiting Employer Branding Data Capture and Analysis Strategic Plan - Correct answer-Aligning mission, vision, values, and goals Environmental Scanning Resource Allocation - Correct answer-adequate funding, timing, personel time Strategic staffing Job Analysis and Job Description/Documentation SWOT - Correct answer-strengths weaknesses opportunities threats Recruiting - Correct answer-Sourcing (acquiring candidates) Internal sourcing - Correct answer-referrals, job bidding/posting, nominations, skill banks, succession planning Internal sourcing advantages - Correct answer-rewards effort, cheaper, improves morale, supports Employer Value Proposition (EVP) Internal Sourcing Disadvantages - Correct answer-"inbreeding", heavy burden on staff development, can promote unhealthy competition External sourcing - Correct answer-advertising (print and electronic), recruiters, contract/temp agencies, educational institutions, website, former employees, government/community/trade agencies, social networks, job fairs, referrals External sourcing advantages - Correct answer-new ideas and skills, poss. lower training costs (hire skills vs develop them), promotes diversity of thought External sourcing disadvatages - Correct answer-increase costs, poss. misplacements, morale issues, longer ramp up (onboarding and orientation) Employer Branding - Correct answer-The process of promoting your company as "the employer of choice" to a desired target group. Must encompass an employer's mission, values, culture, and personality Brand Strategies - Correct answer-Define mission and vision Survey employees/market about your brand and create a strategy use social media/recruitment support: employee testimonials, workplace, company culture, events, benefits, awards, recruiting "content" (websites, specialty ads) Data Capture and Analysis - Correct answer-Larger employers Tracking sources, time and cost to hire, job-post to application ratios, retention rates, email response rates, application to offer time and quality of hire may all be helpful Analysis - Correct answer-Which is more important? Analysis or Data Talent Development and Education - Correct answer-Personal Development Career Development Personal Development - Correct answer-Adult Learning Strategies Training Delivery Methods Adult Learning Strategies (retention rates) - Correct answer-ADDIE: Analysis Design Development Implementation Evaluation Training Delivery Methods - Correct answer-Self-Directed Instructor led On-the-job training Blended Learning Advantages of Self-directed delivery methods - Correct answer-Cheap, Flexible, Consistent delivery Disadvantages of self-directed delivery methods - Correct answer-limited feedback, high development costs, sharing not possible, limited focus Advantages of Instructor-led delivery methods - Correct answer-more feedback possible, broader subject areas, group sharing Disadvantages of instructor-led delivery methods - Correct answer-time and resource intensive, logistical limitations Advantages of OJT - Correct answer-relevant, increased retention, immediate feedback, adaptive Disadvantages of OJT - Correct answer-resource intensive, safety issues, expert supervision required