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Talent Development Report, PSB, Singapore Appreciate the contingent nature of talent planning and people resourcing. Describe changes in the world of work
- Comprehend the importance of talent planning and development.
- Identify key procedures in recruiting and selecting potential talents.
- Review and evaluate reward and compensation systems for talents.
- Describe and analyze the methods to develop human resources.
- Identify effective ways to manage diversity.
- People resourcing: The changing world of work and contemporary human resource management
- Appreciate the contingent nature of talent planning and people resourcing.
- Describe changes in the world of work and examine how these changes impact organizations and management.
- Evaluate the contemporary human resource management trends and the HR role.
- Explain the fundamentals of HR strategy.
- Human resource planning, talent planning, and worker flexibility
- Define human resource planning and evaluate systems for the effective forecasting of human resource supply and demand.
- Critically review the characteristics of different labor markets
- Define talent planning and examine strategies for the management of talent.
- Contribute to the design of strategies for retaining talented employees.
- Examine the nature and implications of flexibility at work and flexible working.
- Evaluate a range of patterns of work from employer and employee perspectives.
- Recruitment: Attracting the right people
- Analyze recruitment and selection processes as a system of inputs, outputs, and interrelated sub-systems.
- Subject organizational recruitment and selection processes to robust scrutiny in pursuit of business-focused continuous improvement.
- Undertake job analysis and identify significant labor market characteristics.
- Evaluate alternative methods of recruitment and make informed choices of methods.
- Selection: choosing the right people
- Distinguish between the elimination of applicants and the selection of candidates.
- Contrasts the concepts of validity, reliability, and popularity in selection methods.
- Critically evaluate a range of selection techniques
- Advice on the effective transition of the applicant to performing employee.
- Pay, Reward, and Resourcing
- Distinguish between the concepts of ‘old pay’ and ‘new pay’.
- Explain the nature of reward strategy and the total reward concept.
- Evaluate the principal characteristics of graded pay, market-related pay, and performance-related pay strategies.
- Contingently advise management on the development of a best-fit reward strategy.
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