Description
Assignment Solution: Employee Development & Talent Management September 2024
NMIM$ Global Access
School for Continuing Education (NGA-SCE)
Course: Employee Development & Talent Management September 2024
Internal Assignment Applicable for September 2024 Examination
Q1. Since 6 years when Rahul Sumant had joined Acme Inc., he had been applying many
approaches to employee development. He was successful in retaining most of the talent and
saw good results. However, management always showed mild disappointment towards the
overall growth rate of the organization. They expected more prominent sales advancement
and growth. Rahul decides to use 360 degrees appraisal as a new initiative. Please discuss
the concept of 360 degrees appraisal and how it will contribute to finding the root cause for
slower growth at Acme. (10 Marks)
Q. 2 Apex Tech was at its peak performance in the financial market when the charismatic
founder, Ashutosh, collapsed suddenly on one of his business trips. His employees felt lost,
his customers were left confused. There were constant phone calls enquiring about the status
of various projects going on resulting in great uncertainty since no one but only Ashutosh
was aware of all the required facts. Every other employee knew only part of every project.
The company struggled to keep the nose above the water until Ashutosh was back on his
feet and realised his mistake that he has not developed any succession plan for his growing
business. What Issues do you think lack of succession planning might cause? (10 Marks)
Q. 3 SolarCity is a start-up that has grown quickly with awareness of solar powered
equipment. Growing from 20 to 120 within a span of 1 year 4 months, the director, Gautam
wants to set up a performance management system.
Additional information, the organization has flat hierarchy currently with Gautam and his 2
partners spear heading core departments.
a. Gautam wants to implement Human Asset Accounting method at the start of the
process. Please explain the concept and justify if this would be an appropriate method
of SolarCity? (5 Marks)
b. One of Gautam’s partners thinks, MBO would be an appropriate method. Please
elaborate your opinion on this thought. (5 Marks)
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