Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

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

Can you please tell me the difference in content between an

Can you please tell me the difference in content between an executive summary, an informative abstract, and an introduction?

What are the differences between the federal aviation

What are the differences between the Federal Aviation Administration and the Civil Aviation Authority

Why should companies furnish her staff or employees with

Why should companies furnish her staff or employees with floating holidays?

Stratgeic planningassessment activity cost benefit

STRATGEIC PLANNING ASSESSMENT ACTIVITY: COST BENEFIT ANALYSIS A Sales director is considering whether to implement a new computer based contact management and sales processing system. The Sales directors department has o ...

A professor owned a home next door to a very dilapidated

A professor owned a home next door to a very dilapidated, neglected home. John Cataldo purchased the home next door and made a contract with Wizard Home Improvements for a complete renovation of the property. The profess ...

Why is it crucial to provide both proactive during the

Why is it crucial to provide both proactive during the implementation, and reactive after completing the implementation feedback to management?

The text discusses four types of The text discusses four types of communications Top-Down

The text discusses four types of communications Top-Down Bottom-Up Horizontal Grape-Vine Select one communication type that you think is most effective, and one that you think is the least effective in organizations and ...

What are the biggest challenges costco will experience in

What are the biggest challenges Costco will experience in trying to expand globally?

Read the following articlesthe factories of the future

Read the following articles: The Factories of the Future Could Float in Space: https://www.popsci.com/factories-in-space?dom=rss-default&src=syn The Industrial IoT: https://www.cbinsights.com/research/top-startups-iiot/ ...

Quantitative analysis for managerswhat does it mean to be

Quantitative Analysis for Managers What does it mean to be risk averse or risk neutral? How important is it to evaluate risk and to evaluate how sensitive to risk any business, personal, or academic decision you have mad ...

  • 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