17 Questions
Which of the following is NOT one of the components of the SEBM Framework?
HR Professionals
What are some of the HR efficiency 'do-ables' mentioned in the text?
Cost per offer
What is the main focus of the HR System mentioned in the text?
High performance, strategically aligned policies & processes
What does the PESTEL framework stand for?
Political, Economic, Sociocultural, Technological, Environmental, Legal
What are the drivers of cost competitiveness?
Business Model including Outsourcing vs insourcing
What are the characteristics of strategic roles?
Influences customer’s perception of value, Enables us to charge our desired price, Enables us to produce at our desired cost
Which of the following is NOT a component of the SEBM Framework?
Experience
What is the main focus of HR effectiveness 'deliverables' mentioned in the text?
Retention of critical/key talent
Which of the following is NOT mentioned as a HR efficiency 'do-able' in the text?
Differentiation of increments
What are the three components of the HR System mentioned in the text?
Strategic competencies, high performance policies, strategic talent
What does HR contribute to firm's performance according to the text?
All of the above
What are some of the HR effectiveness 'deliverables' mentioned in the text?
False
The SEBM Framework includes the components: functional skills, behaviours, experiences, and mindset.
True
The HR System focuses on high performance, strategically aligned policies and processes.
True
True or false: The SEBM Framework includes the components: functional skills, behaviours, experiences, and mindset.
True
True or false: The HR System focuses on high performance, strategically aligned policies and processes.
True
True or false: The HR efficiency 'do-ables' mentioned in the text include lead time to hire and cost per offer.
True
Test your knowledge on the PESTEL framework and its impact on business strategy, HR ecosystem, and cost competitiveness. Explore the internal and external factors that influence strategic choices and drivers of cost competitiveness. Learn about the 5Ps of compensation and alternate sources of cost advantage.
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