Write a three (3) page paper in which you:Evaluate the effectiveness of the roles that the strategic...

Question

Write a three (3) page paper in which you:

Evaluate the effectiveness of the roles that the strategic leaders played in the formation of the performance management strategy.
Develop a five (5) point criteria for evaluating the effectiveness of the talent management strategy and how the data could be collected.
Critique the components of your talent management strategy and suggest alternative ways to achieve effective results.
Outline the functional expertise component of this strategy and how it optimizes the company’s ability to identify highly qualified individuals.
Use at least three quality academic resources in this assignment. Note: Wikipedia and other Websites do not quality as academic resources.

Soumi · Accepted Answer

RUNNING HEAD: HUMAN RESOURCE MANAGEMENT 	1
HUMAN RESOURCE MANAGEMENT 		7
HUMAN RESOURCE MANAGEMENT
Table of Contents
Introduction	3
1. Role of Strategic Leader in Performance Management Strategy	3
2. Criteria for Evaluating Effectiveness of Talent Management Strategy and Data Collection	3
3. Critiquing Components of Talent Management Strategy and Suggesting Alternative Methods	4
4. Functional Expertise Component and Role in Optimizing Company’s Ability for Identifying Highly Qualified Individuals	5
Conclusion	6
References	7
Introduction
	Talent management is a strategy used by organizations to improve the performance of the employees and to develop increase the quality production. Strategy of talent management is implemented stepwise. The initial step is recruitment followed by retention, development, rewards and recognition and encouragement. Talent management focused on hiring new and skilled candidates.
1. Role of Strategic Leader in Performance Management Strategy
	Performance management is one of the important tools of the talent management. As suggested by Buckingham and Goodall (2015), performance management is the method of developing a work environment, which allowed employees to maximize their potential and perform with best of their abilities. Performance management start from the recruitment and ends with retirement of employees.
	As per the case study, strategic leaders identify the performance standard of every level of the organization. This helps them to understand the expectations of the organization. Strategic leader formulated the development plan. They analyze the performance standard of employees and based on their analysis formulate the strategy to improve the performance of both organization and employees. 
They conducted the employees’ interview and reviewed their talent. Strategic leaders are the people responsible in formation of talent management strategy for the organization to improve the performance of the same. Strategic leaders use the performance standard to plan the succession in the organization. They also used it to develop leadership in the organization.
2. Criteria for Evaluating Effectiveness of Talent Management Strategy and Data Collection
	As suggested in case study,

Write a three (3) page paper in which you: Evaluate the effectiveness of the roles that the strategic leaders played in the formation of the performance management strategy. Develop a five (5) point...

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