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Toward mature talent management: beyond shareholder value

Collings, David G. orcid logoORCID: 0000-0003-1252-7080 (2014) Toward mature talent management: beyond shareholder value. Human Resource Development Quarterly, 25 (3). pp. 301-319. ISSN 1044-8004

Abstract
Talent management has become one of the most prevalent topics in the field of people management and development for practitioners and academics alike. However, while managers do appear to appreciate the importance of talent management, they often fail to manage it effectively, and the linkages between talent management and organizational performance remain unclear. In this invited feature article, I argue that the failure to effectively manage and develop talent can be traced, in part, to a narrow conceptualization of performance in much thinking on talent management. At an organizational level, this means that performance is generally considered solely in terms of shareholder returns while ignoring other stakeholders. This translates into HR systems that fail to effectively align individuals and organizations in the generation of value. This article foregrounds employees as stakeholders and argues that organizations that are defined by a sense of purpose and that prioritize employees as stakeholders generally have higher levels of alignment between organizational and employee goals with more highly motivated employees and ultimately more sustainable performance. Some implications for research on talent management are developed.
Metadata
Item Type:Article (Published)
Refereed:Yes
Subjects:Business > Personnel management
Business > Intellectual capital
Business > Employee motivation
DCU Faculties and Centres:DCU Faculties and Schools > DCU Business School
Research Initiatives and Centres > LInK: The Learning, Innovation and Knowledge Research Centre
Publisher:John Wiley & Sons
Official URL:http://onlinelibrary.wiley.com/doi/10.1002/hrdq.21...
Copyright Information:© 2014 John Wiley. The definitive version is available at http://onlinelibrary.wiley.com/doi/10.1002/hrdq.21198/abstract
Use License:This item is licensed under a Creative Commons Attribution-NonCommercial-Share Alike 3.0 License. View License
ID Code:20302
Deposited On:11 Nov 2014 13:15 by David Collings . Last Modified 10 Dec 2018 13:38
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