Answer to Question #173074 in Management for Magrie

Question

How can the HR department at Eskom monitor and evaluate the implementation of their talent management strategy

Answer 1

1. Strategic management is a process through which the vision, mission, and goal of an organization are set and defined.

2. Once formulated, organizations continuously strive to achieve the same through set policies and procedures, which means strategy implementation.

3. Once the strategy is framed, it must be effectively communicated to the entire organization right from the laborers to the management team. Only when everyone has clarity on what the strategies are would they thrive to achieve the same.

4. Allocating resources comes next, wherein the team, to work towards the strategy, should be allocated with tasks, subtasks, tools, equipment, etc.

5. Framing policies and procedures would be the next step in implementation which guides the team members towards achieving the strategy.

6. Keeping an eye on the financial aspects like budgeting, cost management, etc., is also an essential part of the implementation.