Organization II Flashcards
(236 cards)
Reasons for Talent Pools
Strategic business planning. When talent management is carefully aligned with long-term business and strategic planning, the organization can develop a well-planned approach to giving employees who have specific skill sets the developmental experiences they need to prepare them for the future.
Reasons for Talent Pools
Can be used to help organizations identify and recognize the value of solid performers - those individuals who keep the organization running on a daily basis but are not typically singled out for recognition
Reasons for Talent Pools
May aid in clarifying or guiding compensation decisions to be sure key talent are rewarded and motivated.
Developing talent management programs
- anticipate future staffing needs via workforce planning
- Develop a positive workplace culture
- Devise effective and efficient recruitment, orientation, and onboarding programs.
- Create systems to attract talent (advertising, career fairs)
Developing talent management programs
- Study retention through turnover data, attitude surveys, exit interviews
- Put a formal retention plan in place
- identify and develop future leaders and other critical talent.
- Create succession and replacement plans
Succession Planning
An important talent management strategy to help identify and foster the development of high-potential employees. The goal is to “keep talent in the pipeline” and have people in place for future roles in the organization
Replacement Planning
Concentrates on immediate needs and a “snapshot” assessment of the availability of qualified backups for individuals in key positions.
7 components of a successful succession plan
- Visible support from senior leadership and all members of top management
- Clearly defined leadership criteria
- Defined plan to find, retain, and motivate future leaders and high-potential employees
- Simple-easy to follow, measurable process
7 components of a successful succession plan
- use of succession planning to reinforce organizational culture
- Process that focuses heavily but no exclusively on leadership development
- Process that is a real organizational priority
Knowledge management
Process of creating, acquiring, sharing, and managing knowledge to augment individual and organizational performance.
Knowledge management programs typically focus on two key elements
- Expertise sharing and organizational learning
2. Knowledge retention and the reduction of knowledge loss due to employee attrition
Steps to formal knowledge management systems: Step 1 - Inventory knowledge assets
Collection of tangible assets, which includes white papers, proposals, presentations, business and marketing plans, and growth and expansion plans. (connections and lists of employees with specific skills, experiences, and assignment responsibilities)
Steps to formal knowledge management systems: Step 2 - Create a knowledge repository and directory
Typically, an organization’s library or knowledge repository is available over its intranet or through a dedicated application.
Steps to formal knowledge management systems: Step 3 - Encourage system use
Implementing communication, training, and other processes designed to ensure cultural applicability and overall acceptance of the system.
Steps to formal knowledge management systems: Step 4 - update the system
While keeping the database up to date often represents a challenge for the organization, continuous updates are essential to ensure the integrity and credibility of the system.
International Labour Organization (ILO)
Capture key issues related to employee rights. They are accepted as standards by other international groups.
International Lobour Organization (ILO)
Shape policies and programs related to four strategic objectives:
- Promote rights at work
- Encourage decent employment opportunities
- Enhance social protection
- strengthen dialogue on work-related issues
The ILO has identified 8 labor standards
- “Freedom of Association and Protection of the Right to Organize” (1948), prohibiting interference from public authorities and the requirement of authorization by employers.
The ILO has identified 8 labor standards
- “Right to Organize and Collective Bargaining” (1949), protecting workers from retaliation and obligating employers to negotiate with unions
The ILO has identified 8 labor standards
- “Forced Labor” (1930), prohibiting forced and compulsory labor, except for military service, prison, and emergencies (war, natural disaster)
The ILO has identified 8 labor standards
- “Abolition of Forced Labor” (1959), prohibiting forced labor as a means of political coercion or punishment, retaliation for strikes, workforce mobilization, labor discipline, and discrimination.
The ILO has identified 8 labor standards
- “Minimum Age” (1973), prohibiting the hiring of children too young to have completed compulsory schooling and limiting employment in hazardous work those 18 and over
The ILO has identified 8 labor standards
- “Worst Forms of Child Labor” (1999), prohibiting any work likely to be harmful to the health, safety, and morals of children
The ILO has identified 8 labor standards
- “Equal remuneration” (1951), requiring equal pay and benefits for men and women