Global Talent Management for Sustainable Competitive Advantage

Abstract

In globalized environment, organizations need to possess every weapon in their armory in order to attract and retain their most critical asset called talent. Organizations’ around the world are recognizing that talent management is vital to their continued existence and long-term success. A lot of organizational leaders have been discussing about the relationship between great employees and superior organizational performance for decades though severe competition makes matters worse than ever to maintain a competitive advantage for long term. At the same time, presently it is more probable for organizations to implement global talent management programs and processes as suppliers have reacted by generating new technologies and relevant data to assist various functional managers. Those organizations who supplement optimally the available talent management technological tools will be to retain their high potential employees to a greater extent and can drive organizational effectiveness. Consequently, the prominence on talent management is predictable given that, the capability to successfully hire, deploy, develop, engage and retain talent is in reality the distinct competitive advantage an organization can possesses to deliver greater and sustainable performance. Forever best people have options and you are in a war for their talent.

Keywords: Global Talent Management, Competitive Advantage, Superior Organizational Performance