Assignment: Baker & McKenzie (A):
A New Framework for Talent Management
Executive Summary 3 Part I. External environment of global legal industry 4 1.1. Political4
1.5. Part II. Internal environment of Baker & McKenzie6 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/Culture8
2.2.3 Shared Values10
Part III. Development Framework analysis11
3.2 Performance management11
3.3 Talent management12
Part IIII. Recommendations13
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...