ROLE OF TALENT MANAGEMENT ON ORGANISATION PERFORMANCE IN COMPANIES LISTED IN NAIROBI SECURITIES EXCHANGE IN KENYA
Keywords:
Talent management, organizational performance, Nairobi Securities ExchangeAbstract
Purpose: The purpose of this study was to determine the role of talent management on organizational performance in companies listed in the Nairobi Security Exchange (NSE).
Methodology: Descriptive and correlation survey research designs was used. Stratified simple random sampling technique was employed to enable select the respondents from the ten stratums of NSE listed companies. The target population was 534 top managers of listed companies in the NSE. A sample size of 224 respondents was picked from the listed firms.
Results: The correlation between talent attraction and organization performance was weak and positive (0.275) and significant (0.000). The correlation between organization performance and talent retention, learning and development and career management was 0.699, 0.252 and 0.495 respectively and all had statistically significant relationships. Regression results indicated that the goodness of fit for the regression of independent variables and organization performance was satisfactory. An R squared of (0.980) indicated that (98%) of the variances in the organization performance are explained by the variances in the determinants of organization performance.
Policy recommendation: It is recommended that talent management practices should be emphasized as doing so brings about superior organizational performance. The particular practices should include talent attraction, talent retention, learning and development and career management.
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