The Effects of Strategic Talent Management on Organizational Performance in Selected Lebanese Family-owned Enterprises in Trade, Manufacturing and Service Industries
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Date
2013
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Abstract
The purpose of this study is to explore how micro, small and medium sized Family-owned Business in Lebanon practice Talent Management, and, what is the added value created by the implementation of Talent Management of the business performance.
Strategic Talent Management is defined as “activities and processes that involve the systematic identification of key positions which differentially contribute to the organization’s sustainable competitive advantage, the development of a talent pool of high potential and high performing employees to fill these roles, and the development of a differentiated human resource architecture to facilitate filling these positions with competent employees and to ensure their continued commitment to the organization.
The main aim of the current study was to test whether Organization Leadership Mind-set, Strategy and Culture of Talent Management and Specific Talent Management Practices have an impact on Organizational Outcomes.
In addition, this study also tested whether Organization Leadership Mind-set, Strategy and Culture of Talent Management. Specific Talent Management Practices and Organizational Outcomes differ in organizations with different management types.
Data were collected using a survey questionnaire, which was distributed to 188 micro, small and medium sized Family-owned Businesses operating in Lebanon across three industries i.e. wholesale and/or retail trade, service and manufacturing. Out of 188 questionnaires, 139 were returned reflecting a response rate of 74%.
Descriptive Statistics, Reliability Test, Factor Analysis, and Multiple Regression with Stepwise Method, One-Way Anova and Tukey’s HSD were used to analyze the data.
The findings of this study revealed that Organization Leadership Mind-set, Strategy and Culture as well as Specific Talent Management Practices characterizing Talent Management companies produced higher Overall, Financial and Human Resource outcomes.
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Beledian, M. N. (2013). The Effects of Strategic Talent Management on Organizational Performance in Selected Lebanese Family-owned Enterprises in Trade, Manufacturing and Service Industries (MBA thesis, Haigaizan University))