Talent Management Issues Relevant to the Field of IHRM Assignment

Talent Management Issues Relevant to the Field of IHRM - Assignment Example Therefore, the management must take measures to retain the asset through effective talent management. In this respect, organizations need to prepare their potential employees for the leadership position by exposing them to different business cultures and challenges. The objective of the study is to critically review the article written by Collings & Mellahi (2009) with the title â€Å"Strategic talent management: A review and research agenda†. The study also aims to identify issues related to talent management in relation to the context of International Human Resource Management (IHRM) with reference to the findings from the above-mentioned article. According to Collings and Mellahi (2009), talent management plays a vital role to drive the performance of the organization both at the group level and the individual level1. Talent is directly related to human assets. Performance of the employees contributes towards the accomplishments of the long-term goals and short-term objectives2. Talent management is the procedure to attract productive employees, to identify the right potential possessed by the workforce, to grease their potentials for better results and to take measures for retaining the assets over the long run3. However, organization s should understand that only attracting the employees would not suffice the sustainability and productivity goals; identifying the strengths and then grooming them accordingly is also important4. Talent management methodologies help in analyzing the performance of the employees. As stated by Collings and Mellahi (2009), in the recessionary context maximization of the talent present in the existing employees holds important priority among global organizations.