TALENT MANAGEMENT Success
TALENT MANAGEMENT Success
TALENT MANAGEMENT Success
AS A
NEW PARADIGM
I N MANAGEMENT SCIENCE Vol. 5, No. 3, 2014, pp. 15–27
© Copyright by
Wydawnictwo Naukowe
http://dx.doi.org/
University of Rzeszow, Rzeszów, Poland, 10.12775/JPM.2014.017
e-mail: [email protected]
Abstract
The environment of contemporary organisations is defined as turbulent, due to novelty, speed and
unpredictability of performed changes as well as an increase of its complexity level. It is accompa-
nied with uncertainty of conducting an activity. New determinants require fast adjustment which
requires the changes in assumed priorities and as a consequence – new paradigms. One of the
paradigms is talent management. The aim of this study is to present talent management as a new
paradigm in a contemporary organisation. To fulfil this aim, the traits of the new paradigm were
presented, the meaning of talent management for strategic success of an organisation interpreted in
the context of satisfying the needs of particular groups of stakeholders was emphasised, and actions
which must be undertaken so as talent management contributes to this success were mentioned. The
consequence of the new paradigm – talent management, is emphasising the identification of key
resources of talent i.e. these for which the difference in quality and availability of talent significantly
influences the processes or resources in the greatest level influencing a strategic success – sustain-
ability, which concerns a wider aspect than a financial result only.
Key words: talent, talent management, paradigm, strategic success, sustainability
Paper type: Conceptual paper
1. Introduction
In the environment of contemporary organisations, there are numerous changes
having a demographic and technological character, there are also processes
of globalisation. The pace of changes is becoming faster and faster, there is
also unpredictability and, connected with that, uncertainty in the processes
of management, which cause that there will be new challenges put out to
organisations. The changes are made in expectations and requirements of
employees, customers and other groups of stakeholders. The previously applied
solutions turn out to be mostly inadequate for new determinants of functioning,
by means of which, they are ineffective and inefficient.
Organisations have to permanently master their actions, which also involves
the attitudes to human resources management. Regardless of the genotype function ■ 15
TALENT (the organisation of the private, public sector or non-profit), the basic resource of
MANAGEMENT AS
A NEW PARADIGM contemporary organisation is human capital. It is indispensible to change in the
Anna Mazurkiewicz
manners of actions referring to gaining employees and their retention in order to
obtain success in the global competitive market. It is a particularly great challenge
to employees of obtaining the best results and having the greatest potential –
talented employees who have a significant influence on current functioning and
development of organisations. Management of talented employees – talents, is
contemporary defined as a paradigm.
In this study, an attempt has been made to present talent management as
a new paradigm in a contemporary organisation. In order to fulfil this aim, the
notions were presented in which the emphasis constitutes the consequence of new
determinants of functioning which shall be regarded in the new paradigm. The
meaning of talent management was also emphasised for strategic success of an
organisation interpreted in the context of satisfying the needs of particular groups
of stakeholders. There were also actions mentioned, which must be undertaken so
as talent management contributes to this success.
The considerations were made on the basis of national and foreign present
literature in the scope of management sciences. There were also used articles and
reports placed on websites of organisations whose area of interest relied on talent
management. The research results constituted significant completion of performed
considerations with a theoretical character.
The previous considerations constitute the basis for claiming that the new
paradigm requires management concentrated on the psychological aspect – on
engagement of employees, trust, autonomy in action and, concurrently, team
work and cooperation with the environment. In new paradigm power is shared
by empowerment, integrity and individual, and collective identity are important.
Here is learning from failure, exploring, questioning, and creating opportunities.
Qualitative as well as quantitative aspect, spiritual values transcend material
gain are also significant. This paradigm is based on the rational and intuitive
premises.
The answer to contemporary environment is talent management and the factor
which allows gaining permanent competitive advantage in the global, complex
and competitive market – talent (Paradigm Shift…, 2012).
18 ■
management, being the answer to fast changing conditions of the environment and TALENT
MANAGEMENT AS
allowing gaining competitive advantage within new circumstances. A NEW PARADIGM
Talent management is not a new notion, which regards especially the notion Anna Mazurkiewicz
of talent gap. This, what can be regarded as a novelty, is the fact that reducing/
removing this gap requires undertaking deep and broad changes, which the
majority of organisations have not dealt with (Paradigm Shift…, 2012) [3].
Talent management also indicates as the greatest challenge in the scope of human
resources management (Strack et al., 2010).
The intensity of the fighting for talents – increase in competition for talented
employees is confirmed by a three times greater number of employers than in
2009 – 62% towards 20% in 2009 [4]. Even three out of ten respondents experience
difficulties in taking positions in 2012, however, the greatest difficulties (52% of
response) emerged in taking managerial and specialist positions (Jacobs, 2013).
Nowadays talent is the most pressing challenge to growth of companies (SHL
Talent Analytics…, 2011). The problem with attracting the right employees
and then retaining them is one of the biggest challenges in many organizations
(Cappelli, 2008).
Towards new needs and challenges, there must be made changes in the manner
of human resources management, including talented employees. However, the
changes undergo the process of talent management themselves (Kinley and Ben-
Hur, 2013; Heinen and O’Neill, 2004).
At the beginning, talent management regarded a certain group of employees-
persons in managerial posts, managing an organisation but the criterion of the
assessment constituted mostly their effectiveness as well as a specific potential for
performed actions, exercised functions. At present, talents are sought at all levels
of an organisation, however, their identification and assessment is connected with
the criterion of effectiveness and potential, regarding mostly capability of further
development as well as exercising managerial functions (which means a broader
interpretation than it used to be).
Talent management, at the beginning of having an interest in this concept,
was under a great influence of the theory of human capital. The notion of talent
management and its influence on efficiency and productivity was also underlined.
Nowadays, its strategic aspect and integration with the strategy of an organisation
is also emphasised. The analysis includes the influence of a talent on financial
results, however, the results in other areas of functioning of an organisation- its
long term success. Not only quantitative but also qualitative aspect of the talent
has been emphasised.
The new approach to talent management represents a balancing of interests of
employees, organization and environment.
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TALENT 4. Impact of talent management on the success of an organisation
MANAGEMENT AS
A NEW PARADIGM A talent is not contemporary perceived exclusively as a „soft” skill – talent
Anna Mazurkiewicz
management has a measureable impact on financial results of an enterprise,
influences other areas of its functioning. To make talent management contribute
to the success of an organisation, it is essential to have in mind, that it relies
exclusively on gaining, retaining and developing the persons gaining the best
results and having great potential. It must be adjusted to strategic aims and cultural
organisation and may be integrated at the level of an entire organisation.
New determinants require not only concentrating the attention on the issue of
a talent but also another defining the notion of success. Boudreau defines success
as „meeting the needs of the present without compromising the ability of future
generations to meet their own needs” (Boudreau, 2003). He identifies it with
sustainability, which is a mission statement of many global organisations. It regards
especially the entities functioning in the territory of Europe (due to the assumptions
taken within the framework of EU policy) and is undoubtedly significant in the new
paradigm that is why it has to be part of human resources management.
The notion of sustainable development is connected with financial success,
moreover, it is emphasised and mostly not regarded resources and processes which
create long-lasting advantage and are difficult to be copied by competitors.
Talent management contributes to gaining financial benefits, gaining long-
lasting competitive advantage, goes beyond traditional scopes of organisation’s
success – allows satisfying the needs of particular groups of stakeholders, both
now and in the future.
Regarding the previous and new paradigm as well as the organisation’s
success interpreted in traditional categories – financial results and organisation’s
competitiveness as well as in the aspect of sustainable development, Boudreau
proposes the model being the list of two perspectives – traditional and new one
(see Figure 1).
Traditional: Emerging:
Figure 1.
Financial/Competitive Sustainability
The Talent
Paradigm and the Emerging:
Approach C Approach D
Organizational Prize Talent Management
6. Conclusion
The conditions of functioning of contemporary organisations undergo constant,
unpredictable and more surprising changes, which has a significant influence
on the success of these organisations. It requires the change of priorities in
management, which causes that there are new paradigms. In management sciences
one of them is talent management. Talentship is both in managerial positions and
executive positions, it is indispensible to gain strategic success.
The consequence of this new paradigm is emphasising the identification of
key resources of talent i.e. these for which the difference in quality and availability
of talent significantly influences the processes or resources in the greatest
level influencing a strategic success – sustainability. An important element
of this success are economic benefits, however, it exceeds beyond a traditional
interpretation and concerns a wider aspect than a financial result only.
The traditional paradigm emphasises the principles, practices and actions
regarding the functions of HR. It is precious and needed, it contributes to
shaping positive social relations in a workplace. Despite that, there are significant
connections between a talent and sustainable development which require a new
attitude – other paradigm in order to combine talent with strategic success. The
benefit of this attitude – regarding a new paradigm and permanent development
– common area of interests for the groups of stakeholders, common perspectives.
Notes
[1] Vast list of definitions and interpretation of the notion of a talent includes Ingram, 2011.
[2] This notion is applied as a new definition for human resources management, which indicates
that it considers all processes traditionally connected with human resources: planning, recruitment,
selection, development, retention etc. In this approach, it is applied in organizations which assume
that each employee is a talent. It is also referred to a certain group of employees, perceived as
24 ■ having outstanding skills and abilities. This approach is, however, too narrow – it does not regard all
processes concerning talent management, moreover, it excludes from these processes a vast amount TALENT
MANAGEMENT AS
of the employed- talents are identified at all levels of an organisation. A NEW PARADIGM
[3] Of the 38 618 employers across 42 countries who participated in the 2013 ManpowerGroup
Talent Shortage Survey (2013 Talent Shortage Survey…, (http)), 35% reported difficulty filling Anna Mazurkiewicz
positions due to lack of available talent. The main factors contributing to the talent shortages are
lack of specific technical competencies (or hard skills) required for a particular role and lack of
applicants. Talent shortages negative impact an organization – reduce ability to adequately serve
clients, and also reduce competitiveness and productivity in general. Talent shortages lead to
increased staff turnover, reduced creativity and innovation, increased compensation costs and also
have a detrimental effect on employee engagement/morale.
[4] According to the CIPD’s annual resourcing report, the CIPD/Hays Resourcing and Talent Plan-
ning Survey 2013.
[5] There is no one way for how organizations should segment their talent. L. Uren identifies six
groups of talent including their expectations towards organization: Brand enthusiasts, Career Lad-
derists, Connectors, The Nurtured, Opportunity Seekers, Planners (Uren, 2011). Hudson segments
talent in three groups: High Potentials, High Performers, Irreplaceable Professionals (Tackling the
Economic Crisis…, (http)).
[6] Performance management is core talent management priority (Talent Edge 2020…, 2012).
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