Factors Influencing Effective Talent Management Strategy in Organizations: A Case Study of Corrugated Iron Sheets Limited-Mombasa Kenya

Abstract

Organizations in public and private sectors are facing monumental challenges of managing top talent immediately they are recruited from the labor market or head hunted from the competition. This is despite the high cost that goes with their procurement, placement, and compensation. While effective talent management is critical for fueling business growth and repositioning business competitive edge, retaining this key asset has become a major concern for corporate leadership including those in Small and Medium Enterprises in Kenya. Wellis and Qiuyong (2010) opined that developing leadership capability and talent pipeline are key success factors for global organizations.

The purpose of this study was to establish the challenge facing organizational leadership in managing talent a case study of Corrugated Iron Sheets Ltd. The study was a descriptive research and adopted a survey design. Key instrument employed in collecting data include structured questionnaires, interviews, observation and analysis of secondary data. The data was then inspected and analyzed through statistical methods. The findings indicated that effective strategies on talent acquisition, training, management commitment and organization development are key ingredient for effective talent management. It is therefore important for Corrugated Iron sheets to integrate these policies with the business plans to spur growth and productivity. The study recommended that the organization should improve its overall corporate talent management strategy by streamlining recruitment, learning and development, and engaging people in the business. It should also do away with counterproductive employment practices such as nepotism and selective recruitment of people so that people with right skills to succeed have a chance to grow their career with the organization.

Key Words: Acquisition, Development, Commitment and Talent Management