Event Title

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

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Oct 31st, 3:15 PM Oct 31st, 4:45 PM

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.