Integrated Talent Management- What’s in it for Kosovar Businesses?
Session
Management, Business and Economics
Description
The concept of Talent Management is a new emerging topic in the world of business and academics, one that can largely impact on the business results and on the brand perception of every company. The paper covers how Talent Management (TM) is perceived in the world, what, why and how much do large corporates invest in it. As this concept is not yet well established within business and Human Resource processes in Kosovar companies or even further in the region of Balkan, it can become a competitive advantage to the early pioneers. Nevertheless, with good planning and by linking talent management to the company culture and its strategy, every company could ensure sustainable business results and presence in the market. The study depicts the definition of talent, the importance of implementing Talent Management and some of the main steps required, such are talent identification, development, promotion and compensation. How does Talent Management strategy impact the overall results of the company? Is it worth investing resources in such processes? The paper will highlight whether talent is more related to performance, potential, competence, or commitment? Is talent a natural ability or does it relate more to mastery through practice? The ultimate aim of the paper is to show that harmonised talent management processes shall lead toward a positive company culture where every employee wants to give their best because they believe that performance and potential are recognised and appreciated. Finally, this study will emphasize the importance of Talent Management concept and will provide recommendations for Kosovar companies.
Keywords:
Talent Management, Company Culture, Human Resources
Session Chair
Bashkim Nurboja
Session Co-Chair
Florin Aliu
Proceedings Editor
Edmond Hajrizi
ISBN
978-9951-437-96-7
Location
Lipjan, Kosovo
Start Date
31-10-2020 3:15 PM
End Date
31-10-2020 4:45 PM
DOI
10.33107/ubt-ic.2020.293
Recommended Citation
Loxha, Genc and Dushi, Nora Sadiku, "Integrated Talent Management- What’s in it for Kosovar Businesses?" (2020). UBT International Conference. 443.
https://knowledgecenter.ubt-uni.net/conference/2020/all_events/443
Integrated Talent Management- What’s in it for Kosovar Businesses?
Lipjan, Kosovo
The concept of Talent Management is a new emerging topic in the world of business and academics, one that can largely impact on the business results and on the brand perception of every company. The paper covers how Talent Management (TM) is perceived in the world, what, why and how much do large corporates invest in it. As this concept is not yet well established within business and Human Resource processes in Kosovar companies or even further in the region of Balkan, it can become a competitive advantage to the early pioneers. Nevertheless, with good planning and by linking talent management to the company culture and its strategy, every company could ensure sustainable business results and presence in the market. The study depicts the definition of talent, the importance of implementing Talent Management and some of the main steps required, such are talent identification, development, promotion and compensation. How does Talent Management strategy impact the overall results of the company? Is it worth investing resources in such processes? The paper will highlight whether talent is more related to performance, potential, competence, or commitment? Is talent a natural ability or does it relate more to mastery through practice? The ultimate aim of the paper is to show that harmonised talent management processes shall lead toward a positive company culture where every employee wants to give their best because they believe that performance and potential are recognised and appreciated. Finally, this study will emphasize the importance of Talent Management concept and will provide recommendations for Kosovar companies.