Examining the influence of talent management on organizational performance: A comprehensive overview

Neha Agarwal; Siddharth Sriram; Malvika Dudi Bagaria; Hemal Thakker; V. Vinoth Kumar

doi:10.31893/multirev.2023ss099

Keywords:

Talent management (TM)

Organizational Performance

Employee

Business

Abstract

In the current environment, organizations are highly motivated to possess the most effective talent administration solutions. While it is crucial for the growth of an organization, attracting and keeping exceptional talent has proven to be one of the common problems facing businesses. Employee engagement is a crucial element that improves the correlation between talent management (TM) and organizational achievement. The goal of this study is to provide a comprehensive review of the TM techniques that have been presented and used in the relevant literature. Systematic literature review (SLR) is the study approach that was employed to gather and summarize the most significant information about the last four years (2020–2024) of enhancing organizational performance with methods for people management. The SLR procedure used 30 published studies and adhered to PRISMA requirements. By analyzing both internal and external factors that affect TM's application, the research's findings were aimed to provide significant perspectives for the discussion on the validity of TM to public organizations. Talent management improves organizational performance by encouraging team development, involvement, and loyalty, assuring sustained profitability and edge over the competition.
References
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35. Shahi, T., Farrokhsheresht, B., Taghipourian, M.J. and Aghajani, H.A. (2020). Behavioural factors affecting talent management: Meta-synthesis technique. Iranian Journal of Management Studies, 13(1), pp.117-137. 10.22059/ijms.2019.283845.673684
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37. Sopiah, S., Kurniawan, D.T., Nora, E. and Narmaditya, B.S. (2020). Does talent management affect employee performance? The moderating role of work engagement. The Journal of Asian Finance, Economics and Business, 7(7), pp.335-341. 10.13106/jafeb.2020.vol7.no7.335
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44. Wiblen, S. and McDonnell, A. (2020). Connecting ‘talent’meanings and multi-level context: A discursive approach. The International Journal of Human Resource Management, 31(4), pp.474-510. 10.1080/09585192.2019.1629988
45. Yildiz, R.Ö. and Esmer, S. (2021). Talent management related concepts and debates in container shipping industry by an emerging market perspective. Journal of Shipping and Trade, 6(1), p.6. 10.1016/j.jwb.2013.11.001

This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

How to cite

Agarwal, N., Sriram, S., Bagaria, M. D., Thakker, H., & Kumar, V. V. (2024). Examining the influence of talent management on organizational performance: A comprehensive overview. Multidisciplinary Reviews, 6, 2023ss099. https://doi.org/10.31893/multirev.2023ss099

[1] Akkoca, Y. (2023). Examining Talent Management in The Context of Organizational Theory.

[2] Al Aina, R. and Atan, T. (2020). The impact of implementing talent management practices on sustainable organizational performance. Sustainability, 12(20), p.8372. 10.3390/su12208372

[3] Alassaf, D., Dabić, M., Shifrer, D. and Daim, T. (2020). The impact of open-border organization culture and employees’ knowledge, attitudes, and rewards with regards to open innovation: an empirical study. Journal of Knowledge Management, 24(9), pp.2273-2297. 10.1108/JKM-02-2020-0122

[4] Alimansyah, M. and Takahashi, Y. (2023), February. Talent management practices for non-high potentials in the public sector: effect of appraisal methods on work outcomes. In Evidence-based HRM: a Global Forum for Empirical Scholarship. Emerald Publishing Limited. 10.1108/EBHRM-03-2022-0059

[5] Almaaitah, M., Alsafadi, Y., Altahat, S. and Yousfi, A. (2020). The effect of talent management on organizational performance improvement: The mediating role of organizational commitment. Management Science Letters, 10(12), pp.2937-2944. 10.5267/j.msl.2020.4.012

[6] Azeem, M., Ahmed, M., Haider, S. and Sajjad, M. (2021). Expanding competitive advantage through organizational culture, knowledge sharing and organizational innovation. Technology in Society, 66, p.101635. 10.1016/j.techsoc.2021.101635

[7] Azhar, A., Rehman, N., Majeed, N. and Bano, S. (2024). Employer branding: A strategy to enhance organizational performance. International Journal of Hospitality Management, 116, p.103618. 10.1016/j.ijhm.2023.103618

[8] Björk, J.M., Bolander, P. and Forsman, A.K. (2022). Investigating employee perceptions: Association between recognized individual talents and social wellbeing. Frontiers in Psychology, 13, p.959559. 10.3389/fpsyg.2022.959559

[9] Budhwar, P., Chowdhury, S., Wood, G., Aguinis, H., Bamber, G.J., Beltran, J.R., Boselie, P., Lee Cooke, F., Decker, S., DeNisi, A. and Dey, P.K. (2023). Human resource management in the age of generative artificial intelligence: Perspectives and research directions on ChatGPT. Human Resource Management Journal, 33(3), pp.606-659. 10.1111/1748-8583.12524

[10] Camilleri, M.A., 2021. Using the balanced scorecard as a performance management tool in higher education. Management in Education, 35(1), pp.10-21. 10.1177/0892020620921412

[11] Clausen, T.H., Demircioglu, M.A. and Alsos, G.A. (2020). Intensity of innovation in public sector organizations: The role of push and pull factors. Public Administration, 98(1), pp.159-176. 10.1111/padm.12617

[12] FATOL, D., ROBESCU, D., RIZNAR, I. and DRAGHICI, A. (2020). A Proposed Framework for Talent Management Development.

[13] Festing, M. and Schäfer, L. (2022). Talent and Talent Management in Ambidextrous Organizations: Framework and Research Agenda Addressing the Challenges of Complexity and Dynamism. Talent Management: A Decade of Developments, pp.147-176. 10.1108/978-1-80117-834-120221008

[14] Garengo, P. and Betto, F. (2024). The role of organisational culture and leadership style in performance measurement and management: a longitudinal case study. Production planning & control, 35(2), pp.151-169. 10.1080/09537287.2022.2058431

[15] Grossi, G., Kallio, K.M., Sargiacomo, M. and Skoog, M. (2020). Accounting, performance management systems and accountability changes in knowledge-intensive public organizations: a literature review and research agenda. Accounting, Auditing & Accountability Journal, 33(1), pp.256-280 10.1108/AAAJ-02-2019-3869

[16] Guerra, J.M.M., Danvila-del-Valle, I. and Méndez-Suárez, M. (2023). The impact of digital transformation on talent management. Technological Forecasting and Social Change, 188, p.122291. 10.1016/j.techfore.2022.122291

[17] Gupta, S., Drave, V.A., Dwivedi, Y.K., Baabdullah, A.M. and Ismagilova, E. (2020). Achieving superior organizational performance via big data predictive analytics: A dynamic capability view. Industrial Marketing Management, 90, pp.581-592. 10.1016/j.indmarman.2019.11.009

[18] Hongal, P. and Kinange, U. (2020). A study on talent management and its impact on organization performance-an empirical review. International Journal of Engineering and Management Research, 10.

[19] Hyde, A.M. and Jain, N. (2021). Study on Impact of Talent Management on Employees Performance in an Organisation. Turkish Online Journal of Qualitative Inquiry, 12(6). 10.1007/s12065-019-00327-1

[20] Ju, X., Ferreira, F.A. and Wang, M. (2020). Innovation, agile project management and firm performance in a public sector-dominated economy: Empirical evidence from high-tech small and medium-sized enterprises in China. Socio-Economic Planning Sciences, 72, p.100779. 10.1016/j.seps.2019.100779

[21] Koch, M. and Marescaux, E. (2021). Talent Management and Workforce Differentiation. In The Routledge Companion to Talent Management (pp. 372-383). Routledge.

[22] Kravariti, F. and Johnston, K. (2020). Talent management: a critical literature review and research agenda for public sector human resource management. Public Management Review, 22(1), pp.75-95. 10.1080/14719037.2019.1638439

[23] Kumar, S. (2022). The impact of talent management practices on employee turnover and retention intentions. Global Business and Organizational Excellence, 41(2), 21-34.

[24] Latukha, M., Kriklivetc, A. and Podgainyi, F. (2022). Generation diverse talent management practices: Main determinants and its influence on firm performance. Journal of East-West Business, 28(4), pp.291-322. 10.1080/10669868.2022.2074186

[25] Lee, C., 2021. Factors influencing the credibility of performance measurement in nonprofits. International Review of public Administration, 26(2), pp.156-174. 10.1080/12294659.2021.1884342

[26] Liu, G., Kianto, A. and Tsui, E. (2023). Knowledge management technologies and organizational performance: a meta-analytic study. Industrial Management & Data Systems, 123(2), pp.386-408. 10.1108/IMDS-02-2022-0121

[27] Luna-Arocas, R., Danvila-Del Valle, I. and Lara, F.J. (2020). Talent management and organizational commitment: the partial mediating role of pay satisfaction. Employee Relations: The International Journal, 42(4), pp.863-881. 10.1108/ER-11-2019-0429

[28] Meyers, M.C., van Woerkom, M., Paauwe, J. and Dries, N. (2020). HR managers’ talent philosophies: prevalence and relationships with perceived talent management practices. The International Journal of Human Resource Management, 31(4), pp.562-588. 10.1080/09585192.2019.1579747

[29] Noreen, U. and Imran, R. (2021). Impact of talent management practices on financial performance: Evidence from GCC banking sector. Middle East Journal of Management, 8(2-3), pp.113-124. 10.1504/MEJM.2021.113977

[30] Osborne, S., 2020. Public service logic: Creating value for public service users, citizens, and society through public service delivery. Routledge. 10.4324/9781003009153

[31] RaeisiZiarani, M., Janpors, N. and Taghavi, S.M. (2023). The Relationship between Talent Management Practices and Employee’s Innovative Behavior in R&D Units: The Mediating Role of Job Competency Development. In International Conference on Innovation and Marketing.

[32] Ridwan, M., Mulyani, S.R. and Ali, H. (2020). Improving employee performance through perceived organizational support, organizational commitment and organizational citizenship behavior. Systematic Reviews in Pharmacy, 11(12).

[33] Sandeepanie, M.H.R., Perera, G.D.N., Sajeewani, T.L. and Gamage, P.N. (2020). Talent, Talent Management & its Practices: A Critical Review.

[34] on Review, 80(4), pp.543-554. 10.1111/puar.13182

[35] Shahi, T., Farrokhsheresht, B., Taghipourian, M.J. and Aghajani, H.A. (2020). Behavioural factors affecting talent management: Meta-synthesis technique. Iranian Journal of Management Studies, 13(1), pp.117-137. 10.22059/ijms.2019.283845.673684

[36] Son, J., Park, O., Bae, J. and Ok, C. (2020). Double-edged effect of talent management on organizational performance: the moderating role of HRM investments. The international journal of human resource management, 31(17), pp.2188-2216. 10.1080/09585192.2018.1443955

[37] Sopiah, S., Kurniawan, D.T., Nora, E. and Narmaditya, B.S. (2020). Does talent management affect employee performance? The moderating role of work engagement. The Journal of Asian Finance, Economics and Business, 7(7), pp.335-341. 10.13106/jafeb.2020.vol7.no7.335

[38] Speed, F. and Kulichyova, A. (2021). The role of talent intermediaries in accessing and developing refugee talent pools. Journal of Organizational Effectiveness: People and Performance, 8(4), pp.407-426. 10.1108/JOEPP-01-2021-0023

[39] Tarique, I. ed. (2021). Contemporary talent management: A research companion. Routledge.

[40] Theodorsson, U., Gudlaugsson, T. and Gudmundsdottir, S. (2022). Talent management in the banking sector: a systematic literature review. Administrative Sciences, 12(2), p.61. 10.3390/admsci12020061

[41] van heugten, P. (2020). Talent in international business defined: implications and applications for honours education. 10.33612/diss.109927889

[42] Van Waeyenberg, T., Peccei, R. and Decramer, A. (2022). Performance management and teacher performance: the role of affective organizational commitment and exhaustion. The International Journal of Human Resource Management, 33(4), pp.623-646. 10.1080/09585192.2020.1754881

[43] Verma, R. and Arrawatia, M.A. (2020). Empirical Review on Talent Management and Its Effect on Organization Performance.

[44] Wiblen, S. and McDonnell, A. (2020). Connecting ‘talent’meanings and multi-level context: A discursive approach. The International Journal of Human Resource Management, 31(4), pp.474-510. 10.1080/09585192.2019.1629988

[45] Yildiz, R.Ö. and Esmer, S. (2021). Talent management related concepts and debates in container shipping industry by an emerging market perspective. Journal of Shipping and Trade, 6(1), p.6. 10.1016/j.jwb.2013.11.001

Abstract

References

How to cite