Master the PESTEL Framework and Cost Competitiveness in Business Strategy
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Questions and Answers

Which of the following is NOT one of the components of the SEBM Framework?

  • Functional Skills
  • HR Professionals (correct)
  • Mindset
  • Behaviours (Competencies)

    • What are some of the HR efficiency 'do-ables' mentioned in the text?

  • Satisfaction scores on career development and learning
  • Cost per offer (correct)
  • Retention of critical/key talent
  • No of people with relevant skills

    • What is the main focus of the HR System mentioned in the text?

  • Strategically aligned talent, competencies and behaviours
  • Retention of critical/key talent
  • High performance, strategically aligned policies & processes (correct)
  • HR Professionals with strategic competencies

    • What does the PESTEL framework stand for?

    <p>Political, Economic, Sociocultural, Technological, Environmental, Legal</p> Signup and view all the answers

    What are the drivers of cost competitiveness?

    <p>Business Model including Outsourcing vs insourcing</p> Signup and view all the answers

    What are the characteristics of strategic roles?

    <p>Influences customer’s perception of value, Enables us to charge our desired price, Enables us to produce at our desired cost</p> Signup and view all the answers

    Which of the following is NOT a component of the SEBM Framework?

    <p>Experience</p> Signup and view all the answers

    What is the main focus of HR effectiveness 'deliverables' mentioned in the text?

    <p>Retention of critical/key talent</p> Signup and view all the answers

    Which of the following is NOT mentioned as a HR efficiency 'do-able' in the text?

    <p>Differentiation of increments</p> Signup and view all the answers

    What are the three components of the HR System mentioned in the text?

    <p>Strategic competencies, high performance policies, strategic talent</p> Signup and view all the answers

    What does HR contribute to firm's performance according to the text?

    <p>All of the above</p> Signup and view all the answers

    What are some of the HR effectiveness 'deliverables' mentioned in the text?

    <p>False</p> Signup and view all the answers

    The SEBM Framework includes the components: functional skills, behaviours, experiences, and mindset.

    <p>True</p> Signup and view all the answers

    The HR System focuses on high performance, strategically aligned policies and processes.

    <p>True</p> Signup and view all the answers

    True or false: The SEBM Framework includes the components: functional skills, behaviours, experiences, and mindset.

    <p>True</p> Signup and view all the answers

    True or false: The HR System focuses on high performance, strategically aligned policies and processes.

    <p>True</p> Signup and view all the answers

    True or false: The HR efficiency 'do-ables' mentioned in the text include lead time to hire and cost per offer.

    <p>True</p> Signup and view all the answers

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