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The challenges of talent management - the comparison of family and non-family business sector

Agnieszka Springer, Alicja Hadryś-Nowak

In practical terms of human resource management, the implementation of talent management (TM) is increasingly believed to be a way of building competitive advantage of the company. Despite numerous publications about TM, it was noticed that there are none considering those processes implemented in the family-owned business, especially in Polish market. The main aim of this article was to assess the major differences of TM processes between family and non-family companies. Four separate research areas were taken into account: strategy formulating, identifying and recruiting talents, assessing key employees and finally, motivating them. Collected results indicate that family businesses are doing slightly better with the implementation of TM processes than the non-family Polish companies. This difference, however, is relatively small and mainly concerns the area associated with the formulation and implementation of strategy, achieving significantly better ratings in 4 from the 9 evaluated variables. At the same time, there are no differences in terms of TM between family companies and non-family ones which are large or have a foreign capital.

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AUTHORS

Agnieszka Springer

WSB University in Poznań

Alicja Hadryś-Nowak

Poznań University of Economics and Business

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About the article

DOI: 10.15219/em65.1249

The article is in the printed version on pages x-x.

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