A Study on Talent Management and its Impact on Organization Performance - An Empirical Review
International Journal of Engineering and Management Research, Volume-10, Issue-1, February 2020
8 Pages Posted: 17 Apr 2020
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Pushpa Hongal
Karnatak university - mba department, uttamkumar kinange.
Date Written: 2020
These days organization’s talent is its primary source of competitive advantage. Performance of organization depends upon performance of its employees. If employees of an organization possess unique competence, that will differentiate them from their competitors. In this competitive environment retention of talented workforce is a major task for HR managers along with acquisition. Talent management is a very complex and critical task. Right Talent acquisition makes organization strategy more strong. The current global economic situation has increased overall job-seekers in employment market worldwide, but there is still notable talent shortage in different sectors and different countries, this leads to increase the problem of “Talent Mismatch”.As today’s corporate world requires a person with multitasking skill, talent acquisition is becoming very difficult. As a result, finding the “right” person for a particular job is becoming more challenging. Not only acquisition even retention of talented workforce has become greatest challenge for organization. Today’s changing landscape of business requires its HR to act more strategically to build employee engagement which is a great tool for talent management. Talent Management focuses on how individuals enter; move up across or out of the organization. Talent Management will succeed with the support of strong organization structure. As better talent can change the future of business, Talent Management has to be given predominant role in organization. If organization implements talent management strategies effectively, that enhances employee’s engagement which in turn helps to improve organization performance. Higher the employee engagement higher the productivity. This present study aims to identify the relationship between talent management and organization performance. This study is based on empirical research evidence build by literature reviews carried out in this direction. Researcher is intended to use different articles, research papers and literature in order to identify the positive relationship between talent management and organization performance. This empirical research paper will provide insights to HR managers to build Talent management as a Strategic tool to build employee engagement and thereby improving organization performance.
Keywords: Talent Retention, Employee Engagement, Organization Performance, Competencies
Suggested Citation: Suggested Citation
Pushpa Hongal (Contact Author)
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- DOI: 10.1080/14719037.2019.1638439
- Corpus ID: 159357450
Talent management: a critical literature review and research agenda for public sector human resource management
- Foteini Kravariti , K. Johnston
- Published in Public Management Review 17 July 2019
- Business, Political Science
88 Citations
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RESEARCH PAPER ON EXPLORING TALENT MANAGEMENT PRACTICES: ANTECEDENTS AND CONSEQUENCES
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2020, IAEME PUBLICATION
Talent management (TM) has received lots of attention of academicians, practitioners, researchers, scholars, and competitive firms in recent years, but there are many gaps left for further theoretical and empirical development. One of gap is lack of clarity of definition of TM, and the ongoing debate about whether it is merely repackaging of already existing human resource management (HRM) practices or a new concept. In this context, this paper concludes that TM practices are distinct from the traditional HRM practices. The researcher has consolidated the existing literature on TM for designing an integrated model of TM including its antecedents and consequences. The study calls future research to empirically test the derived propositions. The paper includes various theoretical, economic, managerial, and future research implications
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Human resources are in high demand in today's fast-paced economies. The Resource-Based View (RBV) theory emphasises the importance of effective resource management for organizations to gain a competitive advantage. Talent is regarded as the main driving force behind any organisation, and finding the right persons and placing them in the right positions becomes a necessity. Talent Management (TM) has become a buzzword for how businesses can attract, identify, develop, and retain people with the right attitude and abilities to meet current and future organisational needs. Even though TM is considered important for organisations, there is a lack of understanding and how it can be most effectively implemented. There is no agreement on the definition and theoretical foundations of TM. Even though several authors have conducted research in this area, there are theoretical because they do not provide organizations with a vision and direction in the area of talent management. As a resul...
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In today’s business environment, stiff competition has urged companies to compete with creativity and innovation in order to define and achieve the organization goals, objectives and strategies. Currently, organizations strive to attain efficiency, effectiveness and total quality in its operational processes that can be addressed through successful management, retention and utilization of the best talents that are available in the marketplace. Getting the right people with the job in the right place and the right time is very important as an ingredient to organizational success and performance through conducting survey of the labor market. Results from critical evaluation of the literatures suggest that talent management proved to be a source of competitive advantage, leaders and managers are instrumental in promoting talent management and views talent management as maximizing the talent’s potential for effective functioning of the organization as well as its human resource departme...
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Please note you do not have access to teaching notes, talent management strategies and functions: a systematic review.
Industrial and Commercial Training
ISSN : 0019-7858
Article publication date: 22 September 2022
Issue publication date: 2 January 2023
The primary purpose of this study was to identify and conceptualize talent management (TM) functions by combining management and human resources functions, based on a rigorous, in-depth literature review. The secondary purpose was to identify the most common TM strategies and classify them in terms of TM functions to provide a more systematic foundation for the concept of TM.
Design/methodology/approach
A systematic literature review supported by qualitative content analysis was used to determine the main TM strategies in the current literature and to classify them under basic TM functions.
This study identified seven core TM functions that were previously addressed in the TM literature but not labeled and conceptualized as TM functions. These seven core functions (talent planning, talent identification, talent attraction, talent acquisition, talent development, talent deployment and talent retention) structure the TM system, influence each other and operate as a cycle through their respective strategies in identifying, formulating and achieving business objectives (e.g. enhanced firm performance and sustainable competitive advantage). The findings also indicate that talent retention strategies were the most discussed topic within this field between 2006 and July 2022, followed by talent planning and talent development strategies.
Originality/value
TM is still a young and developing field that needs more conceptual work for its development and recognition as a discipline. To the best of the authors’ knowledge, this unique study is one of the first attempts to comprehensively define TM functions and offer a framework for the detailed and systematic classification of TM strategies under seven core TM functions. This framework makes clear the multidimensional concept and system of TM and reveals, through the notion of TM functions, the main lines and structural factors necessary to implement the strategies effectively. Based on the strategies presented in this study, TM is an important source of ideas for organizations that want to implement TM and provides a bench-marking tool for organizations that are currently implementing TM.
- Talent management functions
- Talent management strategies
- Resource-based view
- Systematic literature review
- Qualitative content analysis
Yildiz, R.O. and Esmer, S. (2023), "Talent management strategies and functions: a systematic review", Industrial and Commercial Training , Vol. 55 No. 1, pp. 93-111. https://doi.org/10.1108/ICT-01-2022-0007
Emerald Publishing Limited
Copyright © 2022, Emerald Publishing Limited
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IMAGES
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COMMENTS
115. TALENT MANAGEMENT: A SYSTEMATIC REVIEW. Maha Lutfi Al- Dalahmeh. Károly Ihrig Doctoral School of Management and Busi ness, University of Debrecen, Debrecen, Hungary. [email protected] ...
This research aims to take a more comprehensive and in-depth look at the articles that have appeared on Talent Management in the last 5 years (2017- 2022). This research method uses the Systematic ...
Researcher is intended to use different articles, research papers and literature in order to identify the positive relationship between talent management and organization performance. This empirical research paper will provide insights to HR managers to build Talent management as a Strategic tool to build employee engagement and thereby ...
School of Management and Labor Relations, Rutgers University, Piscataway, New Jersey, USA Email: [email protected]. Abstract: This paper employs a systematic and comprehensive review to trace the evolution of talent management scholarship and propose a research agenda to move the field forward.
Introduction Businesses and consulting firms have been driving the practice and discourse on talent management (TM). In contrast, the academic field of TM is characterized by a lack of theoretical frameworks (Lewis & Heckman, 2006; Scullion, Collings, & Caligiuri, 2010). Research on TM has been lagging behind businesses in offering vision and ...
We hope readers will enjoy the contents of this issue, and that the papers in it will suggest further research to explore novel issues relating to talent management. Van Rooij (2012) suggests several topics that remain under-researched, for example, TM of older workers, since the study of training and career development opportunities for older ...
14 February 2017 Accepted 12 March 2017. Purpose The purpose of this paper is to contribute to the development of a deeper understanding of the conceptual and empirical boundaries of talent management (TM) so that scholars and practitioners may enhance their knowledge of what TM actually is and how it is carried out.
PDF | In the shift towards a knowledge-based economy, human capital and skilled workers are pivotal drivers, necessitating a holistic talent management... | Find, read and cite all the research ...
2023. PurposeEmphasizing the increasing role of talent management (TM) as a global phenomenon and a source of sustainable competitive advantage for organizations, this study aims to present a scoping…. Expand. 1. Save. Strategic talent management scholarship: a review of current foci and future directions.
A Study of Talent Management and Its Impact on Performance of Organizations Dr. Puja Sareen1, Dr. Shikha Mishra2 1Faculty, Amity Business School, Amity University, Noida 2Faculty, Amity Business School, Amity University, Noida Abstract: Talent management is a business strategy that organizations believe will enable them to retain their
ABSTRACT Drawing upon Talent Management (TM) literature from around the globe, we critically appraise the transferability of this human resource management strategy to the public sector. While TM has received scholarly attention in the private sector, it remains under-researched in the public sector. We address this deficit by employing a systematic review of TM research. The original ...
Our paper presents findings and discussions on the evolution of talent management (TM) research in higher education, elicited using bibliometric approaches. This study is motivated by past scholars and practitioners who have recognized the importance of TM as a key strategy for organizations to achieve a strategic advantage and sustainable ...
This paper aims to provide a selective literature review of articles published in the last decade. on talent management (TM), specifically on aspects of TM implementation in particular. sectors ...
Alex Anlesinya is a PhD Researcher at the Department of Organization and HRM of University of Ghana Business School, a Training Facilitator at Centre for Management Development of GIMPA Business School and an Adjunct Supervisor/External Examiner at Ghana Technology University College/Coventry University, UK. He is a recipient of several research and academic laurels including Emerald Best ...
His research focuses on talent management, work-life balance and strategic human resource management. He has presented papers in various national and international conferences and author of numerous papers published in indexed journals and books. He has edited one book and reviewer for many journals. He can be reached at [email protected].
International Journal of Recent Research in Commerce Economics and Management (IJRRCEM) Vol. 7, Issue 4, pp: (1-10), Month: October - December 2020, Available at: www.paperpublications ... The following year in 1998 "talent management" was entered in a paper written by Elizabeth G. Chambers, Mark Foulon, Helen Handfiled-Jones, Steven M. Hankin ...
TM strategies such as talent identification, talent attraction, talent development, talent retention, talent engagement, talent review, talent ship, talent segmentation are being implemented by the HR executives to adjust and manage the future talent shortages or to meet the talent gap in present and upcoming phase of the organization (Schuler ...
The findings also indicate that talent retention strategies were the most discussed topic within this field between 2006 and July 2022, followed by talent planning and talent development strategies.,TM is still a young and developing field that needs more conceptual work for its development and recognition as a discipline.
talent management practices with a strong focus on corporate strategy have a. statistically higher signi ficant impact on organisational outcomes such as. company attractiveness, the achievement ...
The Genesis of Talent Management. Globalization, the process by which economies, societies, and cultures are fast integrating through a globe-spanning network of communication and trade, drives both collaboration and competition. And so, in an age when those who possess knowledge1—not land, labor, or capital goods—own the new means of ...
for Practioners. Selman TETIK 1. 1 Department of Management, Fatih University, Turkey, [email protected]. Today's knowledge -intensive business environment elevates the importance of human ...
The talent management literature has emerged rapidly, however its conceptual utility remains indistinct (Morley et al., 2017).At its essence, talent management is purported to create value (Sparrow and Makram, 2015), primarily for the firm, through strategic management of talented employees as a differentiated and strategic resource of the firm (Barney, 1991; Barney et al., 2001) who possess ...
Rutgers University, Piscataway, New Jersey, USA. Email: [email protected]. Abstract: This paper employs a systematic and comprehensive review to trace. the evolution of talent management sc ...