ABSTRACT

This chapter provides an overview of selected themes in the field of Global Talent Management (GTM) that are shaping the way multinational enterprises (MNEs) attract, retain, and develop talent, especially global leadership talent. It introduces four GTM themes that dominate current GTM literature, namely shortage of talent, GTM systems in MNEs, talent identification in MNEs, and theoretical frameworks of GTM. The field of GTM has grown rapidly since the publication of "The War for Talent" by McKinsey, which highlighted the role of talent in achieving organizational effectiveness. The chapter uses Tarique and Schuler's conceptualization of GTM, which utilizes both the employee and the systems/practices approaches to address the complexity of managing talent in a MNEs. Human capital theory postulates that individuals, with their competencies, experiences, and education, constitute a valuable resource in which firms can invest to increase organizational effectiveness, efficiency, and productivity.