Modern approaches to improve the efficiency of talent management in a company with a complex structure

• Published in: Vestnik Voronezhskogo gosudarstvennogo universiteta. Serii͡a︡ Ėkonomika i upravlenie no. 2; pp. 74 - 84
• Main Author: Inchina, Ekaterina P.
• Format: Journal Article
• Language: English
• Published: 30.06.2021
• ISSN: 1814-2966
• DOI: 10.17308/econ.2021.2/3460

Subject. The article considers the issue of improving the system of talent management aimed at increasing its efficiency. It presents an overview of works dedicated to the study of the nature of talent in the context of searching effective forms for organisational talent management in a company with a complex structure. Objectives. To describe the methods used to assess the effectiveness of talent management in an organisation with a complex structure, to identify their strengths and weaknesses. Methods. The study used the method of the assessment centre to assess the impact of talent indicators on the final financial results of the organisation, and a balanced method of assessing the effectiveness of talent management. Most organisations with complex structures do not run special programmes aimed at the development of professional competencies of talented employees, which eliminates the possibility of a systematic approach to this task. Another problem is that organisations with complex structures have no system of methods of performance-based talent ranking, which would greatly facilitate the assessment of the talented employees’ performance. A discrepancy between the theory and practice explains the necessity to develop a method to evaluate the performance of talented employees’ and their contribution to the implementation of the strategy aimed at the improvement of financial and economic performance in an organisation with a complex structure. Conclusions. The process of talent management in an organisation with a complex structure will be efficient if an adapted project process method is implemented. The method involves creating individual "performance and effectiveness charts" to evaluate the performance of talented employees, which ultimately will enhance their motivation and improve the financial and economic performance of the organization. This methodology takes into account each completed project, highlighting in the final report both incurred expenses associated with the participation of the talented employee in it and the revenue derived as a result of their work.