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From talent management to talent optimization

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  • Schiemann, William A.

Abstract

The term ‘talent management’ has been around for quite some time, but definitions abound around the globe, applications are varied and a plethora of measures—mostly tactical—are currently being used. This article addresses how the concept of talent management is of both theoretical and practical value in any industry or geography. How can we know when talent investments have been optimized? What is the talent lifecycle and why is it important? Additionally, the article presents and illustrates the People Equity framework that serves as a global bridge between important individual and business outcomes such as turnover, financial performance, quality, productivity, customer retention, and organizational processes and policies that drive high or low talent optimization.

Suggested Citation

  • Schiemann, William A., 2014. "From talent management to talent optimization," Journal of World Business, Elsevier, vol. 49(2), pages 281-288.
    • Handle: RePEc:eee:worbus:v:49:y:2014:i:2:p:281-288
    DOI: 10.1016/j.jwb.2013.11.012
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    References listed on IDEAS

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    1. Macey, William H. & Schneider, Benjamin, 2008. "The Meaning of Employee Engagement," Industrial and Organizational Psychology, Cambridge University Press, vol. 1(1), pages 3-30, March.
    2. Beechler, Schon & Woodward, Ian C., 2009. "The global "war for talent"," Journal of International Management, Elsevier, vol. 15(3), pages 273-285, September.
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    Cited by:

    1. Honorata Howaniec & Oleh Karyy & Adam Pawliczek, 2022. "The Role of Universities in Shaping Talents—The Case of the Czech Republic, Poland and Ukraine," Sustainability, MDPI, vol. 14(9), pages 1-17, May.
    2. Pagan-Castaño, Esther & Ballester-Miquel, José Carlos & Sánchez-García, Javier & Guijarro-García, María, 2022. "What’s next in talent management?," Journal of Business Research, Elsevier, vol. 141(C), pages 528-535.
    3. Maha Lutfi Al- Dalahmeh, 2020. "Talent Management: A Systematic Review," Oradea Journal of Business and Economics, University of Oradea, Faculty of Economics, vol. 5(special), pages 115-123, June.
    4. Filomena Izzo, 2017. "Technological Innovation and Management Skills: Case Study of the Museo Archeologico di Napoli," International Business Research, Canadian Center of Science and Education, vol. 10(8), pages 44-51, August.
    5. Lung-Hsin Lin & Kung-Jeng Wang, 2022. "Talent Retention of New Generations for Sustainable Employment Relationships in Work 4.0 Era—Assessment by Fuzzy Delphi Method," Sustainability, MDPI, vol. 14(18), pages 1-18, September.
    6. Montero Guerra, José Manuel & Danvila-del-Valle, Ignacio & Méndez Suárez, Mariano, 2023. "The impact of digital transformation on talent management," Technological Forecasting and Social Change, Elsevier, vol. 188(C).
    7. Najm A. & Manasrah, Alaa K., 2017. "The effect of talent management on organizational performance: applied study in Jordanian banks," Review of Applied Socio-Economic Research, Pro Global Science Association, vol. 13(1), pages 36-51, JUNE.
    8. P.C. Bahuguna & Deepak Bangwal & Rajeev Kumar, 2023. "Talent Management and Its Impact on Organizational Commitment: An Empirical Investigation of Indian Hospitality Industry," FIIB Business Review, , vol. 12(2), pages 176-192, June.
    9. Ramazan Özkan Yildiz & Soner Esmer, 2021. "Talent management related concepts and debates in container shipping industry by an emerging market perspective," Journal of Shipping and Trade, Springer, vol. 6(1), pages 1-30, December.
    10. Olivia Fachrunnisa & Ardian Adhiatma & Heru Kurnianto Tjahjono, 2020. "Cognitive Collective Engagement: Relating Knowledge-Based Practices and Innovation Performance," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 11(2), pages 743-765, June.
    11. Tatoglu, Ekrem & Glaister, Alison J. & Demirbag, Mehmet, 2016. "Talent management motives and practices in an emerging market: A comparison between MNEs and local firms," Journal of World Business, Elsevier, vol. 51(2), pages 278-293.
    12. Patrícia Alves & Vasco Santos & Isabel Reis & Filipa Martinho & Domingos Martinho & Marta Correia Sampaio & Maria José Sousa & Manuel Au-Yong-Oliveira, 2020. "Strategic Talent Management: The Impact of Employer Branding on the Affective Commitment of Employees," Sustainability, MDPI, vol. 12(23), pages 1-21, November.
    13. Edward Mwangi Wangechi & Peter Koome & Paul Gesimba, 2020. "Effect of talent management on service delivery in the hospitality industry: A critical approach to learning and development process," International Journal of Research in Business and Social Science (2147-4478), Center for the Strategic Studies in Business and Finance, vol. 9(5), pages 91-99, September.
    14. Ionuț Cătălin Nica & Elena Iancu, 2020. "A Theoretical Approach Of Talent Management In Public Organizations," Annals of University of Craiova - Economic Sciences Series, University of Craiova, Faculty of Economics and Business Administration, vol. 1(48), pages 133-140, August.

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