The Impact of Talent Management Strategies on Bank Performance in Jordanian Commercial Banks

Adnan M. Rawashdeh

18 citations0/0 files storedModern Applied Science

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Human Resource and Talent Management Employee Performance and Management Banking Sector Performance and Management

Abstract

Talent management is very significant to the survive of firms in highly competitive business environment today. it refers to the application of needed employees for a firm and the programs to fit those needs and it combines employee knowledge, skills, attitude, values, competencies and work preferences. The explosive growth of Jordanian banking sector has led to an urgent need to develop talent management strategies as a means of boosting bank performance. The purpose of this study was to investigate the impact of talent management strategies on bank performance in Jordanian commercial banks. The design of the study has quantitative approach. Primary data was obtained by questionnaire instrument. The respondents in this study were line managers and HR managers in head admistrations. The number of population was 120 respondents. Random sampling was used in the study. 101completed questionnaires were analyzed as a final sample. Three hypotheses have been developed through literature review and tested using descriptive analysis and independent t-sample test performed by SPSS. The results indicate a positive association of attracting, developing and retaining talents with bank performance. bank management is advised to keep developing the attracting mechanism they have applied in order to cope with the changes in the business environment and stay competitive. Also, its advised to maintain developing the motivation system according to the labor market conditions and competitivnes in order to retain talented staff and to avoid labor turnover. As it should concentrate on the rewards mechanizim as a main key to retain talents. future studies recruiting larger sample sizes are needed. Furthermore, prospective studies should effectively compare Jordanian bank performance with other banks in the Middle East based on these variables.

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References

2013The Impact of Human Resource Management on Environmental Performance: An Employee-Level Study 2016Assessing green human resources management practices in Palestinian manufacturing context: An empirical study 2008Talent management for the twenty-first century.2013Talent management: Current theories and future research directions 2012Talent management decision making 2003Developing your leadership pipeline.2018The impact of green human resource management on organizational environmental performance in Jordanian health service organizations 2006The effects of technology and TQM on the performance of logistics companies

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