Impact Of Talent Management On Talent Retention And Succession Planning With Reference To Selected It / Ict Companies.

Autor: Natarajan, Sundarapandiyan, Lakshmikanth, R., A. P., Raghuvaran, Krishnaveni, S., Visagamoorthi, D., Neelima, S., Vidhya, D.
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Zdroj: Library of Progress-Library Science, Information Technology & Computer; Jul-Dec2024, Vol. 44 Issue 3, p11986-11996, 11p
Abstrakt: Purpose: The Article titled, Impact of Talent Management on Talent Retention and Succession Planning With Reference To Selected IT / ICT Companies, aims to investigate how effective talent management practices can influence these two crucial aspects Talent Retention and Succession Planning. Methodology: The study was conducted for IT/ICT company professionals working in Coimbatore region. The snow ball sampling method was adopted for data collection. A total of 500 questionnaires were given out to the prospective respondents, and 341 viable responses were obtained. The research design used for this study is descriptive research design. Tools used for the data analysis are percentage analysis and Confirmatory Factor Analysis. Findings: There is a strong and positive correlation between the independent variables (Talent Retention and Succession Planning) and dependent variable (Talent Management). Practical Implications: Talent management is processes that can help organizations reduce employee turnover and the associated recruitment costs. It also aims to identify and develop qualified candidates for future leadership positions, which can improve employee morale and engagement. This process can enhance organizational performance and help achieve long-term goals. [ABSTRACT FROM AUTHOR]
Databáze: Complementary Index