What is a firm's talent philosophy and how is it important to staffing?
What will be an ideal response?
An organization's talent philosophy is a system of beliefs about how its employees should be acquired and developed. A talent philosophy reflects how an organization thinks about its employees, and is typically shaped by its founders. For example, some organizations view employees as partners and key stakeholders in the company, while others view employees as more expendable and easily replaceable. A company's business strategy and talent philosophy jointly influence how a company interacts with its employees, which then affects how it decides to manage the movement of people into, through, and out of the company. A firm's staffing strategy ultimately reflects both its business strategy and its talent philosophy. If not created intentionally, a firm's talent philosophy develops on its own as the personal values of high-level managers are expressed in their hiring and talent management decisions and actions. Over time, these values and perspectives become those of the organization.
You might also like to view...
________ occurs when someone in authority extracts payment under duress
A) Nationalization B) An economic sanction C) Bribery D) Expropriation E) Extortion
A factory supervisor who docks the pay of any subordinate who fails to wear safety glasses on the job is engaging in leader punishing behavior
Indicate whether the statement is true or false