Talent management: context matters

Abstract

There is little doubt that the attraction, development, and retention of talent are nowadays one of the most critical challenges faced by companies worldwide. Despite the increasing scholarly attention during the last years many questions remain, particularly, those related to how (and why) talent management (TM) is conceived, implemented and developed within organizations, not to mention about its outcomes or effectiveness. We argue that organizational context has been underappreciated in TM research, which is an omission since context affects the occurrence, meaning and implementation of TM. Therefore, we edited a special issue which seeks to contribute to advance our knowledge of how contextual factors affect the conceptualization, implementation and effectiveness of TM. In this opening article, we offer a brief overview of how context is integrated in previous TM research. We then introduce the four articles in this special issue and their contributions which addresses gap in TM research and, finally, we offer some suggestions on how to improve contextualized TM research.     

(Gender-differentiated) Effects of Changes in Personal Income Taxation

Intereconomics - One of the most important areas of taxation is the personal income tax, which may have a gender-differentiated effect on work incentives and infl uence the distribution of paid and...     

The Importance of Relationship Quality: Maximizing the Impact of Expatriate Contact with a Local Host

Contact between expatriates and a local host‐a specific type of peer mentoring‐has been shown to result in benefits to adjustment, social support, and intercultural competence. This longitudinal study examines the role of the quality of this contact. Expatriates in the Netherlands were randomly divided into an experimental group (N = 33) in which 21 participants had developed high‐quality contact with their host, and a control group (N = 32) that had no host. The results suggest the higher the quality of the contact, the more benefit the expatriate experienced. Moreover, expatriates with low‐quality contact did not experience a detrimental effect. Theoretical and practical implications for mentoring in general, and peer mentoring of expatriates specifically, are discussed. © 2015 Wiley Periodicals, Inc.     

Relationship frames and cooperation

We examine how various categories of relationships, and the time horizons of those relationships, affect rates of cooperation and competition in a mixed-motive decision task. We suggest that whether managers are likely to cooperate or compete depends on whether the task is framed as involving a colleague, customer, supplier, or competitor relationship. We suggest that these differences will exist only when the time horizon of the relationship is long term. We test these proposals in an experimental role-play exercise conducted by personal computer. When the time horizon is long, subjects are more likely to cooperate with customers, colleagues, and suppliers than with competitors. Counter to expectations, subjects are more likely to cooperate with competitors than with colleagues when the time horizon is short than when the time horizon is long. In addition, we show how the four business relationship frames vary along several dimensions that successfully discriminate among the relationships. The results are discussed in terms of their implications for helping managers cooperate when cooperation is appropriate.     

Entrepreneurial orientation,commitment to the Internet and export performance in small and medium sized exporting firms

This paper investigates links between entrepreneurial orientation, commitment to the Internet and export performance in small and medium sized firms. The central argument is that entrepreneurs are more likely to use the Internet to develop export market opportunities, and to have better export performance than less entrepreneurial firms. In testing this proposition, a measure of ‘commitment to the Internet’ was developed and used in a mail survey of UK exporters. The results show that firms with high entrepreneurial orientation are more committed to the Internet and have better export performance than firms with low entrepreneurial orientation.     

Ethical Beliefs and Management Behaviour: A Cross-Cultural Comparison

A cross-cultural empirical study is reported in this article which looks at ethical beliefs and behaviours among French and German managers, and compares this with previous studies of U.S. and Israeli managers using a similar questionnaire. Comparisons are made between what managers say they believe, and what they do, between managers and their peers' attitudes and behaviours, and between perceived top management attitudes and the existence of company policy. In the latter, significant differences are found by national ownership of the company rather than the country in which it is situated. Significant differences are found, for both individual managers by nationality, and for companies by nationality of parents, in the area of organizational loyalty. The attitude towards accepting gifts and favours in exchange for preferential treatment, as a measure of societal values, is also found to show significant differences between national groups. However, no significant differences are found for measures for group loyalty, conflict between organizational and group loyalty and for conflicts between self and group/organization. The findings have implications for cross-border management decision strategies regarding such issues as receiving and giving of gifts, and the management of relations between local employees and international organizations which may be affected by differences in attitude to corporate loyalty.     

Intriguing behavior when testing the impact of quotation marks usage in Google search results

Quality & Quantity - Internet research on search engine quality and validity of results demand much concern. Thus, the focus in our study has been to measure the impact of quotation marks usage...     

The international business cycle and gold-price fluctuations

Drawing on recent empirical research, we study whether the international business cycle, as measured in terms of the output gaps of the G7 countries, has out-of-sample predictive power for gold-price fluctuations. To this end, we use a real-time forecasting approach that accounts for model uncertainty and model instability. We find some evidence that the international business cycle has predictive power for gold-price fluctuations. After accounting for transaction costs, a simple trading rule that builds on real-time out-of-sample forecasts does not lead to a superior performance relative to a buy-and-hold strategy. We also suggest a behavioral-finance approach to study the quality of out-of-sample forecasts from the perspective of forecasters with potentially asymmetric loss functions.     

2010年十大趋势

趋势预测家（futurist）这个词，或者说趋势观察家，听起来有点神神叨叨，对大多数国人来说是陌生的。他们并不是我们想象的：一群穿着长袍、手捧水晶球的巫师，事实上在欧美，这是一群精通文化、历史、经济学等多种学科的社会学家。他们通过自己的调查研究，每年在各个领域作出新的趋势预测。     

Chinese Auditors' Ethical Behavior in an Audit Conflict Situation

This paper draws on the economics of ethical compliance model to examine the association between ethical reasoning, perceived risk of detection, perceived levels of penalties and Chinese auditors' ethical behavior in an audit conflict situation. Using 53 Chinese auditors from Shenzen as subjects, and a survey questionnaire, this study found that there is a significant negative association between ethical reasoning and the likelihood of unethical behavior and that this negative association is weaker for auditors who perceive higher risks of detection.