talent management

Introduction

Talent management is a critical aspect of human resource management that focuses on attracting, developing, and retaining skilled employees to enhance organizational performance. Despite its importance, the field lacks a consistent definition and clear conceptual boundaries, leading to varied applications and interpretations across different industries and geographies.

Key Insights

Lack of Consistent Definition:
- Talent management lacks a clear and consistent definition, leading to confusion and varied interpretations in both academic and practitioner circles .
Strategic Importance:
- Effective talent management is seen as a strategic approach that can significantly improve employee recruitment, retention, and engagement, which in turn enhances organizational performance .
Frameworks and Models:
- Several frameworks and models have been proposed to better understand and implement talent management, such as the People Equity framework and strategic talent management models .
Focus on High Performers and Strategic Positions:
- Much of the literature focuses on managing high performers and identifying strategic positions within organizations, emphasizing the need for a targeted approach to talent management.
SMEs vs. Large Enterprises:
- Talent management practices differ significantly between small and medium-sized enterprises (SMEs) and large multinational enterprises (MNEs), primarily due to distinct institutional and structural factors.
Implementation Factors:
- Successful implementation of talent management depends on several factors, including the existence of a talent pool, succession planning, flexible remuneration systems, and support for training and development.

Conclusion

Talent management is a vital component of human resource management that can drive significant organizational benefits. However, the field suffers from a lack of consistent definitions and clear conceptual boundaries. Effective talent management strategies should be strategically aligned with organizational goals and tailored to the specific needs of the organization, whether it be an SME or a large enterprise. Key factors for successful implementation include robust succession planning, flexible remuneration systems, and strong support for employee development and innovation.

Summary

Introduction

Key Insights

Conclusion

Sources and full results

Talent management: A critical review

Talent management is a complex field with a systems-oriented definition focusing on strategic talent management, but its definition and data support need improvement.

From talent management to talent optimization

Talent management can optimize organizational performance and customer retention by focusing on the People Equity framework.

What is the meaning of ‘talent’ in the world of work?

This paper proposes a framework for conceptualizing talent in work, grouping different theoretical approaches into 'object' and'subject' approaches, and identifying implications for talent management theory and practice.

Talent management and dynamic view of talent in small and medium enterprises

The notion of talent management in SMEs differs from large firms due to distinct institutional and structural factors, requiring a different framework for identifying talent characteristics.

Strategic talent management: A review and research agenda

This paper develops a clear definition and theoretical model of strategic talent management, aiding future research and providing a framework for managers to address talent management issues.

Identifying the Right Course for Talent Management

This special issue of Public Personnel Management aims to clarify the concept of talent management, aiming to attract, retain, and engage key and leadership talent in organizations.

Talent management: a systematic review and future prospects

Talent management has evolved into two main streams: managing high performers and potentials, and identifying strategic positions and systems, with limited attention on individual talents.

Talent management: A strategy for improving employee recruitment, retention and engagement within hospitality organizations

Effective talent management in hospitality organizations can improve employee recruitment, retention, and engagement, leading to improved operational and financial performance.

Effectiveness of talent management strategies

Talent management strategies focused on retaining and developing talents positively impact human resource outcomes and organizational performance, with a stronger impact on corporate strategy.

Analysis of Factors Determining the Implementation of Talent Management

Succession planning, flexible remuneration systems, training and development support, and creativity and innovation support in talented employees are key determinants of successful talent management implementation.

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