Talent Management Strategies in Human Resource Management: Critical for Business- A Systematic Review

Abstract

This paper employs systematic review to understand Talent Management Strategies critical for business organisations. The findings will be useful for researchers in this field and human resource manager and for business organisation. The important components of talent management are full scope of human resource processes, which include attract employees, develop the existing employees, motivate and retain and high-performing employees.  All the components are related to each other. In specific it is a strategy which the human resource management focuses to reach their organisations’ business goals. The business companies must focus on a strong talent management process to keep pace with the competitive business world. The human resource manager takes complete ownership of the talent management processes. They also have other additional responsibilities such as human resource administration, service delivery and manage the work force. The management of information system of the human resources of the organisation helps in a major way in talent management. It is a good practice to develop management of information systems even if the organisation is small. In this study, the author has conducted a systematic review of research articles on talent management strategies in the business world. The review was conducted to understand how Talent Management is critical for business. Methods used for the study include framing of review questions, search for relevant research articles, short listing of the articles for review and data extraction from 20 shortlisted articles and critical review was done and consensus. The research article documents the various experiences of the organisation in talent management, the experiences of the Human Resource Management team, Talent Management’s role in organisational development, Human Resource Manager Skills in talent management, etc.