Human Resources Management (HRM)

Please read the “Global talent Management in Novartis” case and answer the following questions in writing:

1. What is Talent Management (TM)? What are the main challenges and opportunities of global talent management?
2. Why is it necessary to match pay to performance, and how does Novartis approach this issue?
3. Is there one universal way for a MNC to motivate its employees around the world to exert maximum effort and be accountable for their results?
4. Further, is there one universal way to motivate scientists, salespeople, and other professionals?
5. Please explain how you would approach motivating and rewarding all these different types of employees working in the same organization.
6. What was Novartis´ main challenge in managing talent in China?