Talent Management in the Era of Globalization: Challenges and Best Practices for Leaders

Abstract

This research aims to identify challenges and best practices in strategic talent management in the era of globalization, as well as to provide insights into how organizational leaders can effectively manage talent in an increasingly connected and complex environment. Through a qualitative approach, data is collected through in-depth interviews with organizational leaders from various multinational companies operating in the global market. The main findings of this study show that one of the biggest challenges in talent management is the difficulty in aligning company values with the cultural diversity of different countries. In addition, the use of technology, particularly data analytics, plays an important role in supporting decision-making related to recruitment and performance management, although there are concerns about the decline of the personal element in the process. Best practices identified in this study include the development of cross-cultural training and the implementation of managerial policies that are adaptive to local regulations and local cultures. The study also found that an inclusive and adaptive organizational culture plays a key role in retaining global talent. The practical implications of these findings are the need for companies to integrate policies that take into account cultural diversity, leverage technology for efficiency, and ensure that personal relationships are maintained in talent management. This research makes an important contribution for organizational leaders in formulating better talent management strategies