Talent Management in the 21st Century: A Comprehensive Review and Prospects for Innovation
Keywords:
talent management, human capital, recruitment, selection, development, retentionAbstract
This systematic review delves into the complexities of talent management, emphasizing its multifaceted nature and strategic importance for organizational success. Through an exhaustive examination of existing literature, the review identifies key dimensions of talent management, challenges in talent identification and assessment, the criticality of talent retention, and emerging trends shaping the future of talent management practices. Traditional metrics and assessment methods often fall short in capturing the diverse skill sets demanded by modern workplaces, highlighting the need for innovative approaches and technology integration. Moreover, high turnover rates and intense competition for skilled professionals underscore the urgency of proactive retention strategies, including fostering a conducive work environment and providing opportunities for career advancement. Looking ahead, the review identifies the increasing integration of digital technologies, emphasis on diversity and inclusion, and impact of the gig economy and remote work arrangements as pivotal trends shaping the future landscape of talent management. This study provides valuable insights for practitioners and scholars, guiding organizations in effectively navigating the complexities of talent management in the 21st century.
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