Globalization has created great opportunities and challenges for multinational corporations (MNCs). One particular challenge these organizations face now pertains to how they can manage an increasingly diverse, educated, and mobile workforce globally. In response, the concept of global talent management (GTM) has emerged and received significant traction in recent years.
The objectives of GTM are to build and maintain a highly qualified workforce in a global context. GMTencompasses organizational activities such as staffing, performance appraisal, reward and compensation, promotion and retaining the best employees in the most strategic roles organized on a global scale.
In the past, the topic of GTM was primarily relevant for large American or European MNCs. However, the shift in economic power balance over recent decades, caused by a dramatic global expansion of large Chinese companies, led to an increasing relevance of GTM also for Chinese MNCs. This shift led to a questioning of the universal applicability of Western approaches to GTM for the Chinese cultural and institutional context.
This Bachelor thesis should critically analyze the relevant literature on Global Talent Management in MNCs, while highlighting the challenges for Chinese organizations. In addition, possible solutions to address these challenges should be outlined.
References:
Froese, F.J., Shen, J., Sekiguchi, T., & Davies, S. (2020). Liability of Asianness? Global talent management challenges of Chinese, Japanese, and Korean multinationals. Human Resource Management Review, 30(4), 100776.
Pereira, V., Collings, D.G., Wood, G., & Mellahi, K. (2022). Evaluating talent management in emerging market economies: Societal, firm and individual perspectives. The International Journal of Human Resource Management, 33(11), 2171-2191.
Tarique, I., & Schuler, R.S. (2010). Global talent management: Literature review, integrative framework, and suggestions for further research. Journal of World Business, 45(2), 122-133.
Wang, M., Xu, J., Zhao, S., & Bian, H. (2022). Redefining Chinese talent management in a new context: A talent value theory perspective. Asia Pacific Journal of Human Resources, 60(2), 219-251.