ADM 2337 Chapter Notes - Chapter 5: Global Sourcing, W. M. Keck Observatory, Protected Group

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: profiles of a work developed by studying an organization"s top performers to recruit similar types of people: decision about talent. Factors affect a firm"s recruiting strategy hired: recruiting ability, whether to recruit internally or externally, labour market, strength of firm"s employment branding. Should a firm recruit internally or externally: most managers try to follow a policy of filling job vacancies above the entry-level position through promotions and transfers, there are advantages and disadvantages to both. Labour markets: area from which applicants are to be recruited. Loose market: low employment, many available workers: factors determining the relevant labour market. To develop better products via a global workforce. To attract the best talent wherever it may be. Local, national, and international laws: different labour costs, different preemployment and compensation practices. : the business practice of searching for and utilizing goods and services from around the world: branding. Identifying talent through performance appraisals: 9-box grid.

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