Acquiring talent

.

Chapter 6 in The Global Challenge, 2023, pp 174-208 from Edward Elgar Publishing

Abstract: A company like Google has few fixed assets - it lives off its knowledge, embedded in the talent of its workforce. Having the capability to attract and select individuals who have the necessary competencies and whose values fit with the organization is a high priority for Google and other successful international firms. In this chapter we build on the story of Google to introduce the concept of ‘talent’ in the context of multinational firms and to discuss challenges in talent management. The main part of the chapter discusses how companies can effectively recruit and select employees. We first describe how multinationals should develop global employer brands that help them attract suitable individuals while offering attractive employee value propositions to both the existing work force and to potential job candidates. We then focus on the process through which companies select new employees. While there exists a large body of research on the validity of different employee selection methods that can guide firms in their hiring practices, the popularity of specific selection tools varies across countries. Advances in data science are opening new possibilities as well as challenges for the forerunners in the application of artificial intelligence to recruitment. We conclude the chapter by discussing ways to increase diversity when recruiting talent

Keywords: Business and Management; Economics and Finance; Innovations and Technology (search for similar items in EconPapers)
Date: 2023
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.elgaronline.com/view/9781035300723.00011.xml (application/pdf)
Our link check indicates that this URL is bad, the error code is: 503 Service Temporarily Unavailable

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:elg:eechap:21925_6

Ordering information: This item can be ordered from
http://www.e-elgar.com

Access Statistics for this chapter

More chapters in Chapters from Edward Elgar Publishing
Bibliographic data for series maintained by Darrel McCalla ().