Abstract:

The study focuses on finding the efficiency of talent management in a selected organization in the Czech Republic. He assumes that talent management is a set of all the activities, processes, tools and methods used to manage talented individuals in the organization. An experiment was chosen as a research method. Employees were divided into two groups and monitored for two years. The control group set up a group of other employees. The experimental group became part of the employees included in the talent pool. The experimental and control group then underwent the same methods of employee development and retention, and in addition, the experimental group underwent talent management methods, including the method of identifying talented people in the initial selection. The aim of the experiment was to find out whether the use of talent management (a set of all its activities, processes, tools and methods) implies different results of key performance indicators, such as the number of poorly identified talents, the number of highly satisfied employees, the occupation of key positions, and career advancement. For all key indicators changes, appropriate statistical verification was performed. The two-year experiment thus delivers specific results related to the talent management efficiency in the selected organization that show significant improvement in performance, career advancement, and key employee positions in the group under talent management program. On the contrary, talent management did not affect employees' fluctuation and satisfaction. The study also discusses possible causes.