ENHANCING ORGANIZATIONAL PERFORMANCE THROUGH TALENT MANAGEMENT PRACTICES

Abstract

The increment in the level of competition in current times forces organizations to implement strategies to achieve superiority over their competitors. These strategies entail selecting and holding highly talented human capital as it can be the source of excellence which contributes towards organizational success. Talent management is all about focusing on the organizational future needs. It is essential element of human capital strategy particularly long term. The main motive behind the conduction of this study is to probe the efficacy of TM practices over organizational performance. The study design is cross sectional and dual approaches have been implemented (both inductive & deductive). Qualitative as well as quantitative methods are employed for the collection of required data. The results or outcomes of this study disclosed that all the targeted TM practices in this study has consequential as well as favorable impact or efficacy over the level of performance exhibited by HBL. There is need to keep due consideration on the successful implementation of talent management strategies or practices as they give more emphasis on the importance or significance of human asset value in achieving organizational performance thereby enhancing the level of competitive advantage. The study employed cross sectional design and has small sample size. Future studies could be pursued by employing longitudinal design, increasing sample size as well as adding mediating or moderating variable in the model under evaluation.