Analytical View of the Use of a Modern Management Method: Talent Management in the Selected Tourism Companies in the Slovak Republic

  • Jana COCUĽOVÁ Faculty of Management University of Prešov in Prešov, Slovak Republic
  • ĽUBATOMČÍKOVÁ ĽUBATOMČÍKOVÁ Faculty of Management University of Prešov in Prešov, Slovak Republic

Abstract

Talent management has recently become a frequently discussed concept among business as and academics alike and one of the priorities of the modern management of all companies, including those operating in the field of tourism. One reason is the fact that due to the similarities caused by globalization, the similarities in social, cultural and economic development, it is increasingly difficult for organizations to gain and maintain a competitive advantage through traditional human resource management practices.


Tourism is one of the world's most important industries and also the largest service provider. The most important thing in the tourism business is the right approach to customers. Therefore, the success of the business depends primarily on the quality and skills of employees. The bearers of intellectual capital are key employees with above-average intelligence and better skills, those who actively develop their knowledge, skills and abilities. These employees are the most valuable assets thanks to which the companies that employ them achieve their set goals.


The aim of this paper was to evaluate the use of modern management methods, specifically talent management, in selected tourism enterprises in the Slovak Republic and thus provide an analytical view of the use of the talent management in practice. For the research purposes, we collected data through an online questionnaire and then examined the veracity of the two scientific research hypotheses. The aim of the hypotheses was to examine the existence of statistically significant differences in the frequency of use of the talent management with regard to the type of tourism enterprise and the accommodation classification. Inductive statistics methods such as T-test and ANOVA were used during testing.

References

[1] Ballesteros, S.R., and Inmaculada, D.F. 2010. Talents the key for successful organization. Unpublished thesis, Linnaeus School of Business & Economics, Linnaeus University.
[2] Baruch, Y., Budhwar, P.S., and Khatri, N. 2007. Brain drain: inclination to stay abroad after studies. Journal of World Business, 42(1): 99-112. DOI: 10.1016/j.jwb.2006.11.004
[3] Beechler, S., and Woodward, I.C. 2009. The global „war for talent“. Journal of International Management, 15(3): 273-285. DOI: 10.1016/j.intman.2009.01.002
[4] Cocuľová, J. 2020. Analysis of selected talent management practices in terms of their impact on keeping talented employees in Slovak companies. Quality - Access to Success, 21(178): 35-38.
[5] Gallo, P., et al. 2019. Relations of innovative management tools in Slovak hotel facilities. Geo Journal of Tourism and Geosities, 27(4): 1347-1356. DOI: 10.30892/gtg.29221-496
[6] Gardner, T.M. 2002. In the trenches at the talent wars: Competitive interaction for scarce human resources. Human Resources Management, 41(2): 225-237. DOI: 10.1002/hrm.10033
[7] Grossman, G.M. 2004. The distribution of talent and the pattern of consequences of international trade. Journal of Political Economy, 112(1): 206-239.
[8] Horváth, P. 2011. Talent Management. Praha: Wolters Kluwer.
[9] Iles, P., et al. 2010. Talent management and HRM in multinational companies in Beijing: Definitions, differences and drivers. Journal of World Business, 45(2): 179-189. DOI: 10.1016/j.jwb.2009.09.014
[10] Kallem, M. 2019. The influence of talent management on performance of employee in public sector institution of the UAE. Public Administration Research, 8(2): 8-23. DOI: 10.5539/par.v8n2p8
[11] Lewis, R., and Heckman, R. 2006. Talent management: A critical review. Human Resource Management Review, 139p.
[12] Michaels, E., Handfield, H., and Axelrod, B. 2001. The War for Talent. Boston (Mass.): Harvard Business School Press.
[13] Porvazník, J. 2011. Holistic Management – Globalization. Bratislava: Sprint.
[14] Rostam, F.A. 2019. A Review of talent management as a key in any organizations. The International Journal of Indian Psychology, 7(3): 78-83. DOI: 10.25215/0703/010
[15] Scullion, H., et al. 2019. Talent management: context matters. The International Journal of Human Resource Management, 31(5): 1-17. DOI:10.1080/09585192.2019.1642645
[16] Schuler, R.S., Jackson, S.E. and Tarique, I. 2011. Framework for global talent management: HRactions for dealing with global talent challenges. In H. Scullion, & D.G. Collings (Eds.), Global Talent Management, 17-36.
[17] Shadiya, M.S.B. 2014. Is Talent management important? An overview of talent management and the way to optimize employee performance. Mediterranean Journal of Social Sciences, 5(23): 2290-2295. DOI: 10.5901/mjss.2014.v5n23p2290
[18] Stahl, G.K., et al. 2007. Global Talent Management: How Leading Multinationals Build and Sustain their Talent Pipeline. INSEAD Faculty and Research, Working Papers.
[19] Steinweg, S. 2009. Systematisches Talent management: Kompetenzen strategischeinsetzen. Stuttgart: Schäffer-Poeschel.
[20] Waheed, S., and Zaim, A.H. 2015. A model for talent management and career planning. Educational Sciences: Theory and practice, 15(5): 1205-1213. DOI: 10.12738/estp.2015.5.2357
[21] Wellins, R.S., et al. 2012. Nine Best Practices for Effective Talent Management. Available at: https://www.ddi world.com/DDIWorld/media/whitepapers/ninebestpracticetalentmanagementwpddi.pdf?ext=.pdf accessed in March 15, 2020.
*** Cornestone Ondemand Company. 2014. Talent Management 2020.
*** Management Study Guide (MSG) Experts. Benefits of Talent Management. Available online at: http://www.ma nagementstudyguide.com/benefits-of-talent-management.htm
Published
2020-12-30
How to Cite
COCUĽOVÁ, Jana; ĽUBATOMČÍKOVÁ, ĽUBATOMČÍKOVÁ. Analytical View of the Use of a Modern Management Method: Talent Management in the Selected Tourism Companies in the Slovak Republic. Journal of Advanced Research in Management, [S.l.], v. 11, n. 2, p. 57-64, dec. 2020. ISSN 2068-7532. Available at: <https://journals.aserspublishing.eu/jarm/article/view/6005>. Date accessed: 18 apr. 2024. doi: https://doi.org/10.14505//jarm.v11.2(22).01.