[Excerpt] The rapid pace of demographic changes, coupled with globalization, has fueled the need for more effective Talent Acquisition (TA)/Talent Management (TM) practices in developing critical leadership talent, this is especially true in human resources (HR). In the US alone, companies spend almost $14 billion annually on leadership development. With only 33% of leaders believing that they have become more effective as managers after taking part such development programs and only 13% of senior executives having confidence in rising leaders at their firms, organizations must reevaluate their TA/TM strategies.