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Talent Management in the Age of Globalization

Author

Listed:
  • Paul Marinescu

    (University of Bucharest, Faculty of Business and Administration, Romania)

  • Sorin-George Toma

    (University of Bucharest, Faculty of Business and Administration, Romania)

  • Ionuţ Constantin

    (University of Bucharest, Faculty of Business and Administration, Romania)

Abstract

Talent management could be defined currently as ,,all the systems and processes that enable a company to attract, develop and retain employees with highly qualified” but given different interpretations we observe that ,,talent management” has a different meaning for each company. Some organizations aim to manage talent throughout the company, while others are just managing employees with high potential. [3] Talent management is applied differently from one organization to another depending on the type and stage of development where they are. Approaches to this subject differ so greatly from one company to another, that a process for some is “nice to have”, and for others it is a process having a significant impact in business. Yet top companies have created worldwide selection networks through which talented people are recruited to be hired within such (Facebook, Google, Microsoft, Samsung, etc.). The budgets meant for identifying people with high potential are especially generous and therefore these companies have long-term collaboration with universities in various countries. It is true that talented people have a few areas in wich they excel and companies need to support them to develop these skills/competencies but at the same time, they have to ,,cultivate’’ also their social skills in order to integrate into organization and thus to help them but also the organization to develop harmoniously and be permanently competitive.

Suggested Citation

  • Paul Marinescu & Sorin-George Toma & Ionuţ Constantin, 2016. "Talent Management in the Age of Globalization," Manager Journal, Faculty of Business and Administration, University of Bucharest, vol. 24(1), pages 180-184, December.
  • Handle: RePEc:but:manage:v:24:y:2016:i:1:p:180-184
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    Citations

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    Cited by:

    1. Irina I. Popescu Dogaru & Florentina-Mirela Marinescu Dragnea & Gabriela Oprea, 2019. "The Leader of the Future Seen By Millennials," Manager Journal, Faculty of Business and Administration, University of Bucharest, vol. 30(1), pages 191-204, December.
    2. Andreea-Mihaela Stoica, 2020. "From Challenges to Opportunities in Educational Management during COVID-19 Pandemic: The case of Fun Science Romania," Manager Journal, Faculty of Business and Administration, University of Bucharest, vol. 31(1), pages 101-107, December.
    3. Marius Savin & Cristina Veith, 2019. "Performant Management Through The Introduction of The Lean Six Sigma Methodology in the Hospitals In Romania Case Study Municipal Emergency Hospital Moinesti," Manager Journal, Faculty of Business and Administration, University of Bucharest, vol. 30(1), pages 72-81, December.
    4. Andreea Stoica & Aurora Cosma & Andreea Tudor & Laura Agata Èšoc & Alina Petre, 2020. "Covid-19 pandemic and the employees experience: motivation of the staff within an event organizing company," Manager Journal, Faculty of Business and Administration, University of Bucharest, vol. 32(1), pages 130-137, December.

    More about this item

    Keywords

    Talent; organization;

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