Talent Management and Retention

Paper Code: 
MHR 425
Credits: 
4
Contact Hours: 
60.00
Max. Marks: 
100.00
Objective: 

This paper familiarizes the students with the framework about talent management systems and emphasizes  various issues in management of Talent  and Retention strategies in the HRM-dominated context of the  modern  business  environment.

Course Objectives (CO):

 

Course

Learning outcome (at course level)

Learning and teaching strategies

Assessment Strategies

PAPER CODE

Paper Title

MHR 425

Talent Management & Retention

CO 151 Identify various methodologies organizations can use to accelerate and improve individual, team and organizational performance.

CO 152 Develop and promote leadership competencies that will frame the behaviors expected fo organizational success. 

CO 153 Understand the components of the performance management system to maximize people’s  potential and performance.

CO 154 Understand how to assess the organization’s bench strength and how you can design and facilitate the succession planning process. 

CO 155 Learn to use assessment tools to enhance self-awareness and team performance. 

Approach in teaching:

Interactive Lectures, Group Discussion, Tutorials, Case Study

 

Learning activities for the students:

Self-learning assignments, presentations

Class test, Semester end examinations, Quiz, Assignments, Presentation

 

 

12.00
Unit I: 
Talent Management

Talent Management: Concept, Definition of Talent Management, Importance of Talent Management, Scope and Need of Talent Management

Talent Friendly Organization: Concept, Elements, Indicators of Talent Friendly Organization, Benefits, Strategies and Hurdles in creating Talent friendly organizations

12.00
Unit II: 
Talent Management System

Talent Management Systems: Concept, Characteristics, Elements in designing TMS, Designing Talent Management Strategy

Talent Value Chain : Concept, Significance, Elements, Process of Talent Value Chain

 

12.00
Unit III: 
Talent Engagement

Talent Engagement: Concept, Significance, Techniques of Talent Engagement, Predictors and Problems in Talent Engagement

12.00
Unit IV: 
Talent Retention

Talent Retention: Concept, Definition, Importance, The Six c’s model of Talent retention, Strategies of Talent Retention

Knowledge Management: Concept, Objectives, Functions of Knowledge Management, Models of Knowledge Management-KM process framework by Bukowiz and Williams, KM Matrix by Gamble and Black, KM Process by Botha 

12.00
Unit V: 
Talent Management

Talent Management and Employee Empowerment: Concept, Psychological Approach in employee empowerment ,Process of Employee Empowerment, Difficulties in employee empowerment

 

*Case studies related to entire topics are to be taught.

 

 

Essential Readings: 

• Sinha, Sinha & Shekhar, Industrial Relations, Trade Union & Labour Legislation, Pearson Education, 2nd Edition, New Delhi
• Monappa, Arun, Industrial Relations, Tata McGraw Hill Pub. Comp. Ltd., New Delhi.1stedition
• Chaterjee, N.N.Industrial Relations in India’s Developing Economy, Allied Book Agency,NewDelhi.
• Mamoria C B ,Mamoria Satish & Gangkar S V, “Dynamics of Industrial Relations”, Himalaya Publishing House,New Delhi.
• SubbaRaoP , “Essentials of Human Resource Management and Industrial Relations” ,Himalaya Publishing House.
• Sharma, A.M. Industrial Relations, Conceptual and Legal Framework, Himalaya Publishing House 9thedirion
• Poole Michael, Industrial Relations; Origins and Patterns of National Diversity; Routledge & Keganpaul, London.

Academic Year: 
2020-2021
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