Title: Effectiveness of talent management strategies

Authors: Pamela Bethke-Langenegger, Philippe Mahler, Bruno Staffelbach

Addresses: Department for Business Administration, University of Zurich, Plattenstrasse 14, CH-8032 Zurich, Switzerland. ' Department for Business Administration, University of Zurich, Plattenstrasse 14, CH-8032 Zurich, Switzerland. ' Department for Business Administration, University of Zurich, Plattenstrasse 14, CH-8032 Zurich, Switzerland

Abstract: This paper investigates the effects of different types of talent management strategies on organisational performance. We introduce four different strategies and show how they affect organisational performance. For this purpose, we use a particularly detailed dataset of 138 Swiss companies. We find that talent management focusing on retaining and developing talents has a statistically significant positive impact on human resource outcomes such as job satisfaction, motivation, commitment and trust in leaders. Moreover, talent management practices with a strong focus on corporate strategy have a statistically higher significant impact on organisational outcomes such as company attractiveness, the achievement of business goals, customer satisfaction and, above all, corporate profit, more so than any other areas that talent management focuses upon.

Keywords: talent management strategy; organisational performance; Switzerland; firm performance; corporate strategy; talent retention; talent development; job satisfaction; motivation; commitment; leadership trust.

DOI: 10.1504/EJIM.2011.042177

European Journal of International Management, 2011 Vol.5 No.5, pp.524 - 539

Published online: 11 Jan 2015 *

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