A DECADE OF TALENT MANAGEMENT PRACTICES IN SMALL AND MEDIUM SIZED ENTERPRISES, A SYSTEMATIC REVIEW OF A DEVELOPING FIELD

Authors

  • Barrington GRAHAM Faculty of Economics and Business Administration, Babeş-Bolyai University, 58-60, Theodor Mihaly Street, 400591, Cluj-Napoca, Romania. *Corresponding author: graham.barrington@econ.ubbcluj.ro

DOI:

https://doi.org/10.2478/subboec-2022-0015

Keywords:

talent management; small and medium sized enterprises; systemic literature review

Abstract

Talent management (TM) is a relatively new management discipline that has generated considerable interest among scholars and practitioners within the past decade. It has been studied extensively among large enterprises and global organizations, but the practices have received limited investigation among Small and Medium Sized Enterprises (SMEs). This research paper uses a systematic review of the existing literature from 55 papers to present some insights into how TM is defined, conceptualized, and practised. An agenda for future research of SMEs TM is presented to spur further study. The paper uses the PRISMA methodology recommended by (Moher et al., (2009) to search the databases of Web of Science, Scopus, and Google Scholar for papers published within the last ten years between 2011-21. The findings confirm that the study of TM in SMEs is a developing field, and while there has been an encouraging increase in the number of publications in the past 10 years, it still lags behind other fields. Thus, there is a need for researchers and academics to accelerate the pace of research.

JEL classification: M5, M12.

References

Ansar, N., & Baloch, A. (2018). Talent and talent management: definition and issues. IBT Journal of Business Studies (JBS), 1(2).

Al Ariss, A., Cascio, W. F., & Paauwe, J. (2014). Talent management: Current theories and future research directions. Journal of World Business, 49(2), 173-179.

Abor, J., & Biekpe, N. (2006). Small business financing initiatives in Ghana. Problems and Perspectives in Management, 4(3), 69-77.

Bakhtiari, S., Breunig, R., Magnani, L., & Zhang, J. (2020). Financial constraints and small and medium enterprises: A review. Economic Record, 96(315), 506-523.

Beechler, S., & Woodward, I. C. (2009). The global “war for talent”. Journal of international management, 15(3), 273-285.

Bibi, M. (2019). Impact of talent management practices on employee performance: an empirical study among healthcare employees. SEISENSE Journal of Management, 2(1), 22-32.

Boštjančič, E., & Slana, Z. (2018). The role of talent management comparing medium-sized and large companies–major challenges in attracting and retaining talented employees. Frontiers in psychology, 9, 1750.

Chandler, G. N., & Hanks, S. H. (1994). Founder competence, the environment, and venture performance. Entrepreneurship theory and practice, 18(3), 77-89.

Cosgrave, D., & O’Dwyer, M. (2020). Ethical standards and perceptions of CRM among millennial consumers. International Marketing Review.

Epie, C. (2014). Improving talent retention in an SME in the Nigerian environment: Reflections on a case study. International Journal of Employment Studies, 22(1), 60-76.

Festing, M., Harsch, K., Schäfer, L., & Scullion, H. (2017). Talent management in small-and medium-sized enterprises.

Gallardo-Gallardo, E., & Thunnissen, M. (2016). Standing on the shoulders of giants? A critical review of empirical talent management research. Employee Relations.

Gallardo-Gallardo, E., Thunnissen, M., & Scullion, H. (2020). Talent management: context matters. The International Journal of Human Resource Management, 31(4), 457-473.

Grimmer, L., Grimmer, M., & Mortimer, G. (2018). The more things change the more they stay the same: A replicated study of small retail firm resources. Journal of Retailing and Consumer Services, 44, 54-63.

Harney, B., & Alkhalaf, H. (2021). A quarter‐century review of HRM in small and medium‐sized enterprises: Capturing what we know, exploring where we need to go. Human Resource Management, 60(1), 5-29.

Hasan, N. A., & Saufie, N. H. (2021). The curvilinear effect of talent management on financial and innovation performance of SMEs. International Journal of Management, 12(1), 33-45.

Joshua, A., & Quartey, P. (2010). Issues in SME development in Ghana and South Africa. International Research journal of finance and Economics, 39(2), 219-228.

Kayanula, D., & Quartey, P. (2000). Paper on the policy environment for prompting small and medium-sized enterprise in Ghana and Malawi. University of Manchester: Crawford House.

Kitchenham, B., & Charters, S. (2007). Guidelines for performing systematic literature reviews in software engineering.

Krishnan, T. N., & Scullion, H. (2017). Talent management and dynamic view of talent in small and medium enterprises. Human Resource Management Review, 27(3), 431-441.

Kuratko, D. F., Montagno, R. V., & Hornsby, J. S. (1990). Developing an intrapreneurial assessment instrument for an effective corporate entrepreneurial environment. Strategic management journal, 49-58.

Lawless, A., Panya, F., O’Brien, S., & Kok, S. (2019). Talk-about talent: underlying philosophies on talent in Thai SMEs. Human Resource Development International, 22(5), 553-572.

Ližbetinová, L. (2015). Potential of Talent Management for SMEs.

Lonial, S. C., & Carter, R. E. (2015). The impact of organizational orientations on medium and small firm performance: A resource‐based perspective. Journal of Small Business Management, 53(1), 94-113.

McDonnell, A., Collings, D. G., Mellahi, K., & Schuler, R. (2017). Talent management: a systematic review and prospects. European Journal of International Management, 11(1), 86-128.

Mensah, J. K. (2019). Talent management and employee outcomes: A psychological contract fulfilment perspective. Public Organization Review, 19(3), 325-344.

Moher, D., Liberati, A., Tetzlaff, J., Altman, D. G., & PRISMA Group*. (2009). Preferred reporting items for systematic reviews and meta-analyses: the PRISMA statement. Annals of internal medicine, 151(4), 264-269.

Olusegun, A. I. (2012). Is small and medium enterprises (SMEs) an entrepreneurship? International Journal of Academic Research in Business and Social Sciences, 2(1), 487.

Pauli, U. (2018). Talent Management Practices in Polish Small and Medium Enterprises. Human Resource Management/Zarzadzanie Zasobami Ludzkimi, 125(6).

Pauli, U., & Pocztowski, A. (2019). Talent management in SMEs: An exploratory study of polish companies. Entrepreneurial Business and Economics Review, 7(4), 199-218.

Phoemphian, T. (2015). Employer Brand: Tool for Human Resource Attraction and Retention. Panyapiwat Journal, 7, 241-252.

Redman, T., & Wilkinson, A. (2009). Contemporary human resource management: Text and cases. Pearson Education.

Serban, A., & Andanut, M. (2014). Talent competitiveness and competitiveness through talent. Procedia Economics and Finance, 16, 506-511.

Scullion, H., Collings, D.G. and Caligiuri, P. (2010) ‘Global talent management’, Journal of World Business, Vol. 45, pp.105–108.

Shahi, T., Farrokhsheresht, B., Taghipourian, M. J., & Aghajani, H. A. (2020). Behavioral Factors Affecting Talent Management: Meta-Synthesis Technique. Iranian Journal of Management Studies, 13(1), 117-137.

Sheehan, M., Grant, K., & Garavan, T. (2018). Strategic talent management: A macro and micro analysis of current issues in hospitality and tourism. Worldwide Hospitality and Tourism Themes.

Shulga, L. V., & Busser, J. A. (2019). Talent management meta review: a validity network schema approach. International Journal of Contemporary Hospitality Management.

Skoumpopoulou, D., Stalker, B., & Kohont, A. (2019). Talent management in European SMEs: case analysis between Slovenia and Poland. International journal of human resource development practice, policy & research, 4(2), 45-64.

Skuza, A., McDonnell, A., & Scullion, H. (2015). Talent management in the emerging markets. In Handbook of human resource management in emerging markets (pp. 225-243). Edward Elgar Publishing.

Stokes, P., Liu, Y., Smith, S., Leidner, S., Moore, N., & Rowland, C. (2016). Managing talent across advanced and emerging economies: HR issues and challenges in a Sino-German strategic collaboration. The International Journal of Human Resource Management, 27(20), 2310-2338.

Tocher, N., & Rutherford, M. W. (2009). Perceived acute human resource management problems in small and medium firms: an empirical examination. Entrepreneurship Theory and Practice, 33(2), 455-479.

Unger, J. M., Rauch, A., Frese, M., & Rosenbusch, N. (2011). Human capital and entrepreneurial success: A meta-analytical review. Journal of business venturing, 26(3), 341-358.

Valverde, M., Scullion, H., & Ryan, G. (2013). Talent management in Spanish medium-sized organisations. The International Journal of Human Resource Management, 24(9), 1832-1852.

Vargas-Hernandez, J. G., & Elias, E. I. B. (2017). Organizational Culture Based on Human Talent Management as a Factor of Retention of SMEs in Zacatecas. ANVESHAK-International Journal of Management, 6(2), 9-28.

Zamcu, E. G. (2014). Trends and Challenges in the Modern HRM–Talent Management. SEA–Practical Application of Science, 2(04), 173-180.

Downloads

Published

2022-12-30

How to Cite

GRAHAM, B. (2022). A DECADE OF TALENT MANAGEMENT PRACTICES IN SMALL AND MEDIUM SIZED ENTERPRISES, A SYSTEMATIC REVIEW OF A DEVELOPING FIELD. Studia Universitatis Babeș-Bolyai Oeconomica, 67(3), 53–70. https://doi.org/10.2478/subboec-2022-0015

Issue

Section

Articles