Selected Practices of Talent Management: Insight into Slovak Organizations
Ali Taha V., Sirková M., Ferencová M.
Abstract: The paper examines selected areas of talent management. Based on the present literature, the aim was to identify individual processes and practices of talent management. Subsequently, questionnaire survey was conducted to obtain primary data -
Keywords: Talent, talent management, practices, organization
Recentresearchesand volume of scientific papers highlight the growing interest in talent management in organizations and businesses. In order to succeed globally and to retain competitive, organizations must give adequate attention to talents -
Talent Management: Perspectives and Content
Talent management is strongly related to human capital. Cappelli  indicates that talent management is “simply a matter of anticipating the need for human capital and then setting out a plan to meet it”. According Sonnenberg  “talent management is the capability to create and continuously optimize the talent resources needed to execute a business strategy. This means attracting and developing them, guiding their performance toward optimal productivity in light of strategic goals and finding new sources of value in their performance through innovation and continuous improvement”.
Lewis & Heckman state that in the literature focused on talent management there is a lack of clarity regarding the definition, scope and overall goals of talent management. Authors distinguish three distinct views / perspectives on talent management: the first defines talent management as a set of typical humanresource practices, functions and activities such as recruiting, selection, development, career and succession management; the second focuses primarily on the concept of talent pools; and the third perspective focuses on talent generically -
The justification and need for talent management in organizations shows the following idea of one of the worldleader agencies in therecruitment-
Talent management covers wide range of activities and practices, particularly planning, identifying, recruiting and selection, development, retaining and rewarding of talented people. Stahl et al. studied talent management practices. Based on their research in which 18 companies were investigated they discovered that there are two different views on how best to evaluate and manage talents. Authors point out that “one group of companies assumed that some employees had more “value” or “potential” than others, and that, as a result, companies should focus the lion
Talent Management Strategy
The formulation of talent management strategy is critical factor to its effective implementation. Talent strategy means formulation of strategic goals and defining talent needs . Organisation need to start by looking at its strategic plan, identify knowledge and experience areas that will be important to future success and competitiveness, develop competency models for each of these areas, and design learning paths to develop these competencies in increasing degrees.
According Millar in many organizations are talents overlooked. The reasons for this phenomenon are: prioritization (excessive focus on opportunities), pace of change, lack of formal experience in organizational performance of the owners and managers (misunderstanding of how talent lapses limit or damage performance and growth). Author emphasizes the need for strategic alignment i.e. talent strategy alignment with overall strategic planning.
Human capital with its knowledge, skills and abilities becomes a critical factor for economic success of organizations. Since human capital is the greatest and most important asset of an organization and talents are able to influence the overall performance and results of the organization, the process of managing talents is becoming very important. Driven by this shift, Slovak companies implement some processes of talent management. In this paper were presented partial results of the survey, which was conducted within the Visegrad Fund Standard Grant project „Integrated Talent Management -
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. Sonnenberg M. (in cooperation with Tilburg University) (2010) Talent – Key ingredients. Accenture Talent & Organization Performance [online]. [cit. 2013-
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. Stretavská J., Talent management – determinant of human capital development in the organization and Slovak reality. [master thesis]. Prešov: Faculty of Management PU, 2013. (Supervisor: Ing. V. Ali Taha, PhD.).
WYBRANE PRAKTYKI “ZARZĄDZANIA TALENTAMI”: WPROWADZENIE DO SŁOWACKICH ORGANIZACJI
Streszczenie: Artykuł analizuje wybrane obszary zarządzania talentami. Oparte na obecnej literaturze, celem artykułu było zidentyfikowanie poszczególnych procesów i praktyk zarządzania talentami. Następnie przeprowadzono badanie ankietowe w celu uzyskania danych pierwotnych -
Słowa kluczowe: talent, zarządzanie talentami, praktyki, organizacja