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Appraisal Of Talent Management Impact on Some Selected Small and Medium Enterprises in Lagos State, Nigeria.
Subject area: Management and Commerce · Area of research: Human resources
Abstract
Talent management is one of the main challenges facing organizations on a global scale. This study appraised the effect of talent management on SMEs performance in Lagos State, Nigeria. This study adopted the simple random sampling technique on the registered members of National Association of Small and Medium Enterprises, Lagos State Chapter. One hundred and eighty-five questionnaires were completed and returned. The principal tools for analysis of data are carried out with the help of regression analysis. The results reveal that that: all the variables of talent management (talent attraction, talent retention and talent development) are positively significant to the performance of SMEs, the study further concludes that SMEs must always attract retain and develop good staff. In the light of the above conclusions, the study recommended that various SMEs associations and should endeavor to include talent management in their training programs. SMEs should also improve on their talent management strategy by attracting, retaining and developing their employee for a better performance. Also, SMEs should align their talent management initiatives with their business goals.
Keywords
Talent Management, SMEs Performance, Talent Attraction, Talent Retention, Talent Development
References
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How to cite this paper
@article{1703134,
author = {Adewoye Jonathan, SALAU Adeyemi Nurudeen},
title = {Appraisal Of Talent Management Impact on Some Selected Small and Medium Enterprises in Lagos State, Nigeria.},
journal = {Iconic Research And Engineering Journals},
year = {2022},
volume = {5},
number = {7},
pages = {262-271},
issn = {2456-8880},
url = {https://www.irejournals.com/formatedpaper/1703134.pdf},
abstract = {Talent management is one of the main challenges facing organizations on a global scale. This study appraised the effect of talent management on SMEs performance in Lagos State, Nigeria. This study adopted the simple random sampling technique on the registered members of National Association of Small and Medium Enterprises, Lagos State Chapter. One hundred and eighty-five questionnaires were completed and returned. The principal tools for analysis of data are carried out with the help of regression analysis. The results reveal that that: all the variables of talent management (talent attraction, talent retention and talent development) are positively significant to the performance of SMEs, the study further concludes that SMEs must always attract retain and develop good staff. In the light of the above conclusions, the study recommended that various SMEs associations and should endeavor to include talent management in their training programs. SMEs should also improve on their talent management strategy by attracting, retaining and developing their employee for a better performance. Also, SMEs should align their talent management initiatives with their business goals.},
keywords = {Talent Management, SMEs Performance, Talent Attraction, Talent Retention, Talent Development},
month = {January},
}