The Impact of Talent Management on Job Performance: A Case of Guizhou Baishan Cloud Technology Co., Ltd
Keywords:
Talent management, Job performance, ChinaAbstract
Talent management has emerged as an essential aspect of organizational success in today’s fiercely-competitive business environment. Organizations around the globe - and especially those located in Guizhou, China - recognize the necessity of effectively managing their workforce to boost performance and gain competitive advantages, (Glaister et al., 2017). Talent management refers to the strategic practice of recruiting, developing and retaining talented individuals within an organization. It involves finding employees with skills necessary for organizational success such as identification of new hires with needed characteristics; recruitment of such employees for onboarding; performance reviews and performance management as well as training & development initiatives as well as succession plans as well as employee engagement programs are all forms of talent management practices, (Masri & Suliman, 2019). The purpose of this study was to explore the present situation and relationship between talent management and job performance. A total of 312 valid questionnaires were collected from employees in Baishan Cloud Technology Co., Ltd. in Guizhou, China for data analysis for the study. The researcher used descriptive statistics and regression analysis to analyze the questionnaires. It was found that both talent management and job performance were at relatively high levels; and there was a significant correlation between talent management and job performance. Finally, discussions and recommendations were provided for the organization, including focusing on improving recruiting and training and development strategies, reviewing and improving performance management practices, reviewing and optimizing compensation structures, reevaluate existing retention strategies.