Ask Business Management Expert

Assignment : Talent Engagement Exercise

Introduction

Part of the power of understanding your top employees as "Talent" is the ability to assess their potential in light of their performance and values.

The use of a simple Talent matrix can make the assessment process very powerful. This process also helps you to analyze your team and to plan for management of each employee in the future.

Jack Welch believes that effective talent management requires you to divide up your people into three levels: the top 20%, the middle 70%, and the bottom 10%. It is important to provide leadership development options to the top 20% of employees early in their careers, since they will be your future leaders.

Academic Submissions and Evaluations

One tool used to support the Welch approach to talent management is a matrix based on four different combinations of performance and values. Look carefully at the Four Quadrants Matrix above and note the type of employee who fits in each quadrant.

Instructions

Use the Four Quadrants Matrix above as a framework to assess some direct reports in your workplace. If you have no direct reports, use some individuals with whom you are familiar.

Create a Talent Engagement Chart, with a row for each employee. As an Introduction, provide the definition of the values that you are using to assess the individuals.

• Include 4 to 6 employees in your chart

• Use first names only and change the names if you wish

• For each individual, create a row in the chart

Your task is to select one Quadrant for each employee and to indicate the Type that you chose in the Positioning column.

Then write a Rationale statement of 4 to 6 paragraphs, explaining why you positioned each person in the selected quadrant and indicating your plans for
managing them in the future. Record your findings using the format shown in the example below, which is provided to guide you in this exercise.

This exercise is designed to give you practical experience in using the Four Quadrants Matrix to differentiate your employees and to make plans for managing your employees in the future. Be sure to include citations in your work.

Business Management, Management Studies

  • Category:- Business Management
  • Reference No.:- M92688625
  • Price:- $40

Priced at Now at $40, Verified Solution

Have any Question?


Related Questions in Business Management

Name a company that addressed a recent ethical problem in a

Name a company that addressed a recent ethical problem in a positive way. Also, explain how or if this positively affects us as a community?

When it is appropriate to use the trade-off process what

When it is appropriate to use the trade-off process. What conditions apply, and the technical evaluation criteria that might be used?

Need help with a essay with the following phrase for

Need help with a essay with the following phrase for analyzing : " Capitalism is at the heart of how people and organisations are managed in contemporary society" May i ask for a better explanation of the question? Also ...

How could these three tenets of the auburn creed be used to

How could these three tenets of the Auburn Creed be used to motivate others: "I believe that this is a practical word and that I can count only on what I earn. Therefore, I believe in work, hard work." "I believe in educ ...

How can these two tenets of the auburn creed by used in

How can these two tenets of the Auburn Creed by used in addressing teamwork issues: "I believe in honesty and truthfulness, without which I cannot win the respect and confidence of my fellow men." "I believe in the human ...

Discuss the advantages of having and interacting in a

Discuss the advantages of having and interacting in a diverse workplace. Consider the wide range of ideas and perspectives that a range of team members bring to a team, that are of differing ages, ethnic backgrounds and ...

Parmigiano-reggiano global recognition of geographical

Parmigiano-Reggiano: Global Recognition of Geographical Indications What historical factors have helped support the consortium's claims for the geographic specificity of Parmigiano-Reggiano and Parmesan? What are the eco ...

Communication planthis communication plan will be a roadmap

Communication Plan This communication plan will be a roadmap on how the new division will best be able to communicate with Biotech's corporate headquarters, suppliers, other divisions, and internally. This should lay out ...

Discuss strategies to obtain feedback from a customer and

Discuss strategies to obtain feedback from a customer and clients when working in sales.

Describe different networking methods and the advantages

Describe different networking methods and the advantages and disadvantages of them?

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As