Assignment: Baker & McKenzie (A):
A New Framework for Talent Management
Content
Executive Summary 3
Part I. External environment of global legal industry 4 1.1. Political 4 1.2. Economic 5 1.3. Social 5 1.4. Technological 5 1.5. Part II. Internal environment of Baker & McKenzie 6
2.1 The Hard 3S’s (Structure, Strategy, System) 7
2.2. The Soft 4S’s (Style/Culture, Staff, Skills, Shared Values) 8 2.2.1 Style/Culture 8 2.2.2 Staff 9 2.2.2 Skills 10 2.2.3 Shared Values 10
Part III. Development Framework analysis 11
3.1 Globalization 11
3.2 Performance management 11
3.3 Talent management 12
Part IIII. Recommendations 13
Appendix 1 14
Bibliography 15
Executive Summary
The report is based on the case study Baker & McKenzie (A): A New Framework for Talent Management. It examines different issues faced by Baker & McKenzie law firm during war for talent in the legal industry while creating a professional development program – the Development Framework for its employees.
The success of an organization depends on how it interacts with its external environment, therefore the external environment of Baker & McKenzie law firm has been analyzed by means of the PEST framework.
The internal environment of Baker & McKenzie law firm has been also critically evaluated with regards to McKenzie 7S framework analyzing the hard 3S’s (Structure, Strategy, System) and the Soft 4S’s (Style/Culture, Staff, Skills, Shared Values) of the company’s internal environment.
Bearing in mind Baker & McKenzie’s
Bibliography: 1. C Butler, ed., (2009), Managing People and Organizations, Kingston University Business School 2 3. M.Magura, M.Kurbatova (2007), Motivation secrets. Personnel development, N 13-14 4 5. F Neale, (1991), The Handbook of Performance Management, London, IPD 6 7. Case study Baker & McKenzie (A), A New Framework for Talent Management, (2004) 8 [ 8 ]. Christina Butler, ed., (2009), Managing People and Organizations, Kingston University Business School [ 9 ]