Finding Components of Talent Management System

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Ruechuta Tepayakul
Idsaratt Rinthaisong

Abstract

A system for managing talent has been shown to be a primary driver for the success of human resource management. After reviewing literature, it was found that an effective way to develop a talent management system was to identify its basic components. This study therefore aims to find certainty the components of talent management system in organizations. In order to ascertain these components, the literature review from secondary data were utilized. A criterion of choosing literature are inclusion and exclusion. The articles selected must be secondary literature which directly concerned talent management, human capital, and strategic human resource management from academic and electronic database. A total of 23 publications from 2009 until present were found useful to the study. The study is shown that the components of the talent management systemis the integrated system using the process of talent management including eight components: talent identification, talent recruitment, talent selection, talent development, talent retention, talent compensation management, talent performance management and talent succession planning. The proposed components identified should be confirmed through empirical research in a quantitative approach to develop the field of talent management.

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