SlideShare une entreprise Scribd logo
1  sur  6
Télécharger pour lire hors ligne
!
Talent Management
A case study of the constitutive power of LMX relationships in
capitalising talents into performance
Bachelor Thesis
by Malene Villadsen
Marketing and Management Communication
Department of Business Communication
Aarhus University, Business and Social Sciences (Aarhus BSS)
Bachelor Thesis
Malene Villadsen Talent Management 5 May 2015
BA in Marketing and Management Communication
Aarhus University, School of Business and Social Sciences (Aarhus BSS)
SUMMARY
The fast-changing business environment and increasing global competition of today, has made human
capital the number one competitive advantage for businesses. In this realisation, Talent Management
(TM) “has become a fashion trend in modern organisations” (Ariss 2014: 3). However, little
agreement has jet appeared as to the definition and strategy implications of this concept, neither
among practitioners nor academic scholars. Following Buckingham and Vosburgh (2001 cited in
Dries et al. 2014: 16), this thesis defines TM inclusively as “the art of recognising where each
employee’s areas of natural talent lie, and figuring out how to help each employee develop the job-
specific skills and knowledge to turn those talents into real performance […] elevating each person’s
performance to its highest possible levels, given the individual’s natural talents”. In this definition,
TM is conceptualised as relational, as uncovering the talent of each employee and turning it into real
performance becomes a negotiated process between leader and member, making leader-member
exchange communication essential for effective TM, i.e. for capitalisation of talents.
Drawing on a case study and the kind collaboration of MAN Diesel & Turbo, this thesis therefore
investigates the role of leader-member communication in TM and more specifically 1) How
employees at MAN Diesel & Turbo make sense of their leader-member relationships and 2) How
members at MAN Diesel and Turbo understand the link between communicative practices and
leader-member relationships. The thesis takes the philosophical perspective of social
constructionism, seeing the world as a constructed reality, continuously negotiated and re-negotiated
in interactions (Burr 2001; Daymon and Immy 2011; Bryman 2008), and therefore conducts a
qualitative analysis of interviews conducted with members at MAN Diesel & Turbo.
The research findings suggests that Graen and colleagues’ (1995; 1887) 7-item LMX is a too simple
measurement for determining leader-member exchange quality, as these relations rather than being
progressively stabile are continuous by nature. As such, a narrative approach to leader-member
relationships provides valuable insight into how members make sense of and re-construct exchange
experiences in communication, talking them into existence. The study suggests that high vs. low-
quality exchange relationships have a significant effect on employee motivation, satisfaction,
performance levels and ultimately organisational capitalisation of talents. Thus, in order to build
effective talent management, today’s leader fronts the task of working out the meanings for LMX in
communication with each member individually (Fairhurst 2007B).
Without neglecting the argument that exchanges are relative, the thesis shows evidence for three
themes of communicative practices that on a cumulative level seem to be constitutive of high-quality
exchanges. These include 1) high communication frequency as a means for providing support 2)
authoritative, but open communication causes efficiency and 3) recognitive and issues-oriented
communication builds high-quality exchanges. Hereby, the thesis provides a first hand guideline for
TM practitioners, while emphasising that the themes are not prescriptive of effective TM and that
rather than searching for a “best practice” template, practitioners should take a “best fit” approach to
TM, recognising its continuous nature.
Key words: Talent Management – talent – LMX relationship – sensemaking – narrative analysis –
theoretical thematic analysis – social re-negotiation – communication practices
Bachelor Thesis
Malene Villadsen Talent Management 5 May 2015
BA in Marketing and Management Communication
Aarhus University, School of Business and Social Sciences (Aarhus BSS)
BIBLIOGRAPHY
Altman, I., Vinsel, A., & Brown, B. B. (1981). Dialectic Conceptions in Social Psychology: An
Application to Social Penetration and Privacy Regulation . In L. Berkowitz (ed.) Advances
in experimental and social psychology. New York: Academic Press, 107 – 160.
Ariss, A. A. (2014) Global Talent Management: An introduction and a Review. In A. A. Ariss (ed.)
Glabal Talent Management: Challenges, Strategies, and Opportunities. New York: Spinger
Cham Heidelberg, 3 – 13.
Baxter, L. A. (1990) Dialectical Contradictions in Relational Development. Journal of social and
Personal Relationships (7), 69 – 88.
Baxter, L. (1988). A Dialectical Perspective on Communication Strategies in Relationship
Development . In S. Duck, D. Hay, S. Jobfoll, W. Ickes, and B. Montgomery (edn.) Handbook
of Personal Relationships: Theory, Research, and Interventions. Chichester: Wiley, 257 – 274.
Burr, V. (2001) Introduction: What is social constructionism? In V. Burr (ed.) An Introduction to
Social Constructionism. Routledge, 1 – 38.
Braun, V. and Clarke, V. (2006) Using Thematic Analysis in psychology. Qualitative Research in
Psychology (3), 77 – 101.
Brown, A. D., Colville, I. and Pye, A. (2015) Making Sense of Sensemaking in Organization Studies.
Organisation Studies (36), 265 – 277.
Bryman, A. (2008) Social Research Methods, 3th edn. New York: Oxford University Press Inc.
Buckingham, M. and Coffman, C. (1999) First, Break All the Rules. What the World’s Greatest
Manangers Do Differently. New York: Simon & Schuster.
Cheney, G., Christensen, L. T., Zorn Jr., T. E. and Ganesh (2010) Organizational Communication in
an Age of Globalisation: Issues, Reflections, Practices, 2nd edn. Long Grove: Waveland Press,
Inc.
CIPD (2006) Reflections on Talent Management. Available at:
http://www.cipd.co.uk/NR/rdonlyres/F473B522-DD49-49E2-9021-
59E0B2BDA288/0/reftalmanca0306.pdf [Accessed April 22, 2015].
Collings, D. G. and Mellahi, K. (2009) Strategic Talent Management: A Review and Research
Agenda. Human Resource Review (29), 304 – 313.
Czaja, R. and Blair, J. (2005) Designing Surveys: A guide to Decisions and Procedures, 2nd edn.
California: Pine Forge Press.
Daymon, C. and Immy, H. (2011) Qualitative Research Methods in Public Relations and Marketing
Communication, 2nd edn. Oxon: Routledge.
Bachelor Thesis
Malene Villadsen Talent Management 5 May 2015
BA in Marketing and Management Communication
Aarhus University, School of Business and Social Sciences (Aarhus BSS)
Fairhurst, G. T. (2007A) Two Traditions. In G. T. Fairhurst (ed.) Discursive Leadership: In
Conversation with Leadership Psychology. Thousand Oaks: SAGE publications, Inc, 1 – 23.
Fairhurst, G. T. (2007B) Narrative Logics. In G. T. Fairhurst (ed.) Discursive Leadership: In
Conversation with Leadership Psychology. Thousand Oaks: SAGE publications, Inc, 119 –
141.
Fairhurst, G. T. (2007C) Appendixes. In G. T. Fairhurst (ed.) Discursive Leadership: In Conversation
with Leadership Psychology. Thousand Oaks: SAGE publications, Inc, 191 – 203.
Daft, R. L.(2011) The Leadership Experience, 5th edn. Mason: South-Western Cengage Learning.
Daft, R. L., Murphy, J., Willmot, H. (2010) Organization Theory and Design, 9th edn. Hampshire:
Cengage Learning EMEA.
Dries, N., Cotton, R., D, Bagdadli, S. and Oliveira, M., Z. (2014) HR Directors’ Understanding of
‘Talent’: A Cross-Cultural Study. In A. A. Ariss (ed.) Glabal Talent Management: Challenges,
Strategies, and Opportunities. New York: Spinger Cham Heidelberg, 15 – 28.
Graen, G. B. and Uhl-Bien, M. (1995) Relationship-Based Approach to Leadership: Development of
Leader-Member Exchange (LMX) Theory of Leadership over 25 Years: Applying a Multi-
Level Multi-Domain Perspective. Leadership Quarterly (6), 219 – 247.
Graen, G. B. and Scandura, T. A. (1987) Toward a Psychology of Dyadic Organizing. Organisational
Behavior (9), 175 – 208.
Huemer, L. (2012) Organizational Identities in Networks: Sense-giving and Sense-taking in the
Salson Farming Industry. The IMP Journal (6), 240 – 253.
Hopp, Armin (2013) Empowered Talent Begins with Communication. Human Resource Management
International Digest (6), 30 – 32.
Iles, P., Preece, D., and Chuai, X. (2010). Talent Management as a Management Fashion in HRD:
Towards a Research Agenda. Human Resource Development International 13(2), 125–145.
Kobza, C., Klotz, A. C. and Buckley, M. R. (2013) Oklahoma-Based Companies: The Attraction and
Retention of Talent under Current Economic Conditions and with a Changing Workforce.
Oklahoma Business Bulletin, 4 – 8.
Kvale, S. (1996) InterViews: An Introduction to Qualitative Research Interviewing. Thousand Oaks:
SAGE publications, Inc.
Kvale, S. (2009) InterViews: Learning the Craft of Qualitative Research Interviewing, 2nd edn.
Thousand Oaks: SAGE publications, Inc.
MAN Diesel & Turbo (2015) Company Profile: Company, products and services. Available at:
http://dieselturbo.man.eu/company/about-us [Accessed April 8, 2015].
Bachelor Thesis
Malene Villadsen Talent Management 5 May 2015
BA in Marketing and Management Communication
Aarhus University, School of Business and Social Sciences (Aarhus BSS)
MAN (2014) Annual Report. Available at:
http://www.corporate.man.eu/man/media/en/content_medien/doc/global_corporate_website_1/i
nvestor_relations_1/gb/2015_5/15_03_11_geschaeftsbericht_2014.pdf [Accessed April 20,
2015].
Mazurkiewicz, A. (2014) Talent management as a New Paradigm in Management Science. Journal of
Positive Management (5), 15-27.
McCauley, C. and Wakefield, M. (2006) Talent Management in the 21st
Century: Help You Compnay
Find, Develop and Keep its Strongest Workers. The Jounal for Quality and Participation (4), 4
– 7.
Meyer, C. B. (2001) A Case in Case Study Methodology. Field Methods (13), 329 – 352.
Meyers, M. C., and Woerkom, M. van (2014). The Influence of Underlying Philosophies on Talent
Management: Theory, Implications for Practice, and Research Agenda. Journal of World
Business, 49(2), 192-203.
Miller, K. (2012) Organisational Communication: Approaches and Processes, 6th edn. Wadsworth:
Cengage Learning.
Mills, J. H., Thurlow, A. and Mills, A. J. (2010) Making sense of sensemaking: the critical
sensemaking approach. Qualitative Reasearch in Organizations and Management: An
International Journal (5), 182 – 195.
Novo Nordisk (2012) Talent Management at Novo Nordisk. Available at: http://www.talent-
dk.dk/Admin/Public/Download.aspx?file=Files%2FFiler%2FTALENT-
DK%2FInspirationsm%C3%B8de+2012%2FNovo+Nordisk.pdf [Accessed 25 April, 2015].
Nordea (2015) Talent Management at Nordea. Available at:
http://www.nordea.com/Career/Career+development/Talent+Management+at+Nordea/1673972
.html [Accessed 25 April, 2015].
PwC (2012) Delivering Better Business Results Through Talent: Talent Management. Available at:
https://www.pwc.com/vn/en/publications/2013/talent_management_flyer.pdf [Accessed May 4,
2015].
Schutt, R. K. (2006) Investigating the Social World: The Process and Practice of Research, 5th edn.
Thousand Oaks: SAGE Publications Inc.
Sonnenberg, M., and van Zijderveld, V. (2015) Realinzing the Highest value of Investments in Talent
Management. In M. Andersen and C. Nowak (ed.) Human Resource Management Practices,
Management for Professionals. Switzerland: Springer International Publishing, 31 – 51.
Vance, C. M., Vaiman, V., Cosic, A., Abedi, M and Sena, R. (2014) Smart Global Talent
Management: A Promising Hybrid. In A. A. Ariss (ed.) Glabal Talent Management:
Challenges, Strategies, and Opportunities. New York: Spinger Cham Heidelberg, 29 – 41.
Bachelor Thesis
Malene Villadsen Talent Management 5 May 2015
BA in Marketing and Management Communication
Aarhus University, School of Business and Social Sciences (Aarhus BSS)
Weick, K. E. (1993) The Collapse of Sensemaking in Organizations: The Mann Gulch Disaster.
Administrative Science Quarterly (38), 628 – 652.
Weick, K. E., Sutcliffe, K. M. and Obstfeld, D. (2005) Organizing and the Process of Sensemaking. In
K. E. Weick (ed.) Making Sense of the Organisation: The Impermenant Organization. United
Kingdom: John Wiley and Sons Ltd, 131 – 151.
Wilska, E. (2014) Determinants of Effective Talent Management. Kopernika: Journal of Positive
Management (4), 77 – 88.

Contenu connexe

Tendances

Hr human resource competencies an empirical study on the hr
Hr human resource competencies an empirical study on the hrHr human resource competencies an empirical study on the hr
Hr human resource competencies an empirical study on the hrMarcus Vannini
 
3. [27 52]leadership style and emotional intelligence --a gender comparison
3. [27 52]leadership style and emotional intelligence --a gender comparison3. [27 52]leadership style and emotional intelligence --a gender comparison
3. [27 52]leadership style and emotional intelligence --a gender comparisonAlexander Decker
 
11.leadership style and emotional intelligence -a gender comparison
11.leadership style and emotional intelligence  -a gender comparison11.leadership style and emotional intelligence  -a gender comparison
11.leadership style and emotional intelligence -a gender comparisonAlexander Decker
 
Barnett_3300_Adequacy in a Discipline
Barnett_3300_Adequacy in a DisciplineBarnett_3300_Adequacy in a Discipline
Barnett_3300_Adequacy in a DisciplineJohn Barnett
 
Leadership skills of male and female students
Leadership skills of male and female studentsLeadership skills of male and female students
Leadership skills of male and female studentsdeshwal852
 
Strategic human resource management a choice or compulsion
Strategic human resource management a choice or compulsionStrategic human resource management a choice or compulsion
Strategic human resource management a choice or compulsionAlexander Decker
 
Occupational competencies and organization modernity: dichotomie between disc...
Occupational competencies and organization modernity: dichotomie between disc...Occupational competencies and organization modernity: dichotomie between disc...
Occupational competencies and organization modernity: dichotomie between disc...Fundação Dom Cabral - FDC
 
Kevin duncan leadership and communication
Kevin duncan   leadership and communicationKevin duncan   leadership and communication
Kevin duncan leadership and communicationArneyo
 
Culture, Power and Applied Anthropology in a Corporate Setting
Culture, Power and Applied Anthropology in a Corporate SettingCulture, Power and Applied Anthropology in a Corporate Setting
Culture, Power and Applied Anthropology in a Corporate SettingCatherine (Cass) Mercer Bing
 
Suggested adaptive leadership principles in marketing environment
Suggested adaptive leadership principles in marketing environmentSuggested adaptive leadership principles in marketing environment
Suggested adaptive leadership principles in marketing environmentAlexander Decker
 
IHRM ARTICLE Hrmcoo
IHRM ARTICLE HrmcooIHRM ARTICLE Hrmcoo
IHRM ARTICLE Hrmcoopcte
 
Attracting Gold Collar Workers
Attracting Gold Collar WorkersAttracting Gold Collar Workers
Attracting Gold Collar Workerssuzi smith
 
CHANGE AGENT / TUTORIALOUTLET DOT COM
CHANGE AGENT / TUTORIALOUTLET DOT COMCHANGE AGENT / TUTORIALOUTLET DOT COM
CHANGE AGENT / TUTORIALOUTLET DOT COMalbert0085
 
AN UNEXPLORED DIMENSION OF THE MANAGEMENT OF PROJECT-BASED ORGANISATIONS
AN UNEXPLORED DIMENSION OF THE MANAGEMENT OF PROJECT-BASED ORGANISATIONSAN UNEXPLORED DIMENSION OF THE MANAGEMENT OF PROJECT-BASED ORGANISATIONS
AN UNEXPLORED DIMENSION OF THE MANAGEMENT OF PROJECT-BASED ORGANISATIONSMadhali Srivatsa
 
Ijsbar k bekhet-paper3- online
Ijsbar  k bekhet-paper3- onlineIjsbar  k bekhet-paper3- online
Ijsbar k bekhet-paper3- onlineKhaled Bekhet
 
105 MAN Leadership Concepts Presentation Assignment 2 (3)
105 MAN Leadership Concepts Presentation Assignment 2 (3)105 MAN Leadership Concepts Presentation Assignment 2 (3)
105 MAN Leadership Concepts Presentation Assignment 2 (3)Samantha Pole
 
Gareth Noble A001321289 Leadership
Gareth Noble A001321289 LeadershipGareth Noble A001321289 Leadership
Gareth Noble A001321289 LeadershipGareth Noble
 

Tendances (18)

Hr human resource competencies an empirical study on the hr
Hr human resource competencies an empirical study on the hrHr human resource competencies an empirical study on the hr
Hr human resource competencies an empirical study on the hr
 
Founding thefuture
Founding thefutureFounding thefuture
Founding thefuture
 
3. [27 52]leadership style and emotional intelligence --a gender comparison
3. [27 52]leadership style and emotional intelligence --a gender comparison3. [27 52]leadership style and emotional intelligence --a gender comparison
3. [27 52]leadership style and emotional intelligence --a gender comparison
 
11.leadership style and emotional intelligence -a gender comparison
11.leadership style and emotional intelligence  -a gender comparison11.leadership style and emotional intelligence  -a gender comparison
11.leadership style and emotional intelligence -a gender comparison
 
Barnett_3300_Adequacy in a Discipline
Barnett_3300_Adequacy in a DisciplineBarnett_3300_Adequacy in a Discipline
Barnett_3300_Adequacy in a Discipline
 
Leadership skills of male and female students
Leadership skills of male and female studentsLeadership skills of male and female students
Leadership skills of male and female students
 
Strategic human resource management a choice or compulsion
Strategic human resource management a choice or compulsionStrategic human resource management a choice or compulsion
Strategic human resource management a choice or compulsion
 
Occupational competencies and organization modernity: dichotomie between disc...
Occupational competencies and organization modernity: dichotomie between disc...Occupational competencies and organization modernity: dichotomie between disc...
Occupational competencies and organization modernity: dichotomie between disc...
 
Kevin duncan leadership and communication
Kevin duncan   leadership and communicationKevin duncan   leadership and communication
Kevin duncan leadership and communication
 
Culture, Power and Applied Anthropology in a Corporate Setting
Culture, Power and Applied Anthropology in a Corporate SettingCulture, Power and Applied Anthropology in a Corporate Setting
Culture, Power and Applied Anthropology in a Corporate Setting
 
Suggested adaptive leadership principles in marketing environment
Suggested adaptive leadership principles in marketing environmentSuggested adaptive leadership principles in marketing environment
Suggested adaptive leadership principles in marketing environment
 
IHRM ARTICLE Hrmcoo
IHRM ARTICLE HrmcooIHRM ARTICLE Hrmcoo
IHRM ARTICLE Hrmcoo
 
Attracting Gold Collar Workers
Attracting Gold Collar WorkersAttracting Gold Collar Workers
Attracting Gold Collar Workers
 
CHANGE AGENT / TUTORIALOUTLET DOT COM
CHANGE AGENT / TUTORIALOUTLET DOT COMCHANGE AGENT / TUTORIALOUTLET DOT COM
CHANGE AGENT / TUTORIALOUTLET DOT COM
 
AN UNEXPLORED DIMENSION OF THE MANAGEMENT OF PROJECT-BASED ORGANISATIONS
AN UNEXPLORED DIMENSION OF THE MANAGEMENT OF PROJECT-BASED ORGANISATIONSAN UNEXPLORED DIMENSION OF THE MANAGEMENT OF PROJECT-BASED ORGANISATIONS
AN UNEXPLORED DIMENSION OF THE MANAGEMENT OF PROJECT-BASED ORGANISATIONS
 
Ijsbar k bekhet-paper3- online
Ijsbar  k bekhet-paper3- onlineIjsbar  k bekhet-paper3- online
Ijsbar k bekhet-paper3- online
 
105 MAN Leadership Concepts Presentation Assignment 2 (3)
105 MAN Leadership Concepts Presentation Assignment 2 (3)105 MAN Leadership Concepts Presentation Assignment 2 (3)
105 MAN Leadership Concepts Presentation Assignment 2 (3)
 
Gareth Noble A001321289 Leadership
Gareth Noble A001321289 LeadershipGareth Noble A001321289 Leadership
Gareth Noble A001321289 Leadership
 

En vedette

Mutual fund performance an analysis of monthly returns of an emerging market
Mutual fund performance an analysis of monthly returns of an emerging marketMutual fund performance an analysis of monthly returns of an emerging market
Mutual fund performance an analysis of monthly returns of an emerging marketAlexander Decker
 
Job satisfaction, social behaviour and workers attitude in the universities i...
Job satisfaction, social behaviour and workers attitude in the universities i...Job satisfaction, social behaviour and workers attitude in the universities i...
Job satisfaction, social behaviour and workers attitude in the universities i...Alexander Decker
 
Dsp black rock projct
Dsp black rock projctDsp black rock projct
Dsp black rock projctAshwani Kumar
 
Need of financial advisors for mutual fund investors” at karvy stock broking ...
Need of financial advisors for mutual fund investors” at karvy stock broking ...Need of financial advisors for mutual fund investors” at karvy stock broking ...
Need of financial advisors for mutual fund investors” at karvy stock broking ...Projects Kart
 
Portfolio management-and-mutual-fund-analysis-for-sbi-group-mbahotspot.com
Portfolio management-and-mutual-fund-analysis-for-sbi-group-mbahotspot.com Portfolio management-and-mutual-fund-analysis-for-sbi-group-mbahotspot.com
Portfolio management-and-mutual-fund-analysis-for-sbi-group-mbahotspot.com vhanamane
 
job satisfaction of freshfeild pvt ltd
job satisfaction of freshfeild pvt ltdjob satisfaction of freshfeild pvt ltd
job satisfaction of freshfeild pvt ltdAvi Pipada
 
A field work report on Motivation of employee in Rastriya Banijya Bank ltd
A field work report on Motivation of employee in Rastriya Banijya Bank ltdA field work report on Motivation of employee in Rastriya Banijya Bank ltd
A field work report on Motivation of employee in Rastriya Banijya Bank ltdBhim Nidhi Kant
 
Arshad synopsys
Arshad synopsysArshad synopsys
Arshad synopsysPrem Kumar
 
Personal finance and wealth management project report
Personal finance and wealth management project reportPersonal finance and wealth management project report
Personal finance and wealth management project reportMuhammed Ikram
 
Performance evaluation risk and return of mutual funds @ uti secureties pro...
Performance evaluation risk and return of  mutual funds  @ uti secureties pro...Performance evaluation risk and return of  mutual funds  @ uti secureties pro...
Performance evaluation risk and return of mutual funds @ uti secureties pro...Babasab Patil
 
Project report 1
Project report 1Project report 1
Project report 1ksag93
 
a-study-on-stress-management
a-study-on-stress-managementa-study-on-stress-management
a-study-on-stress-managementShibin Vincent
 
Stress management
Stress managementStress management
Stress managementRajat Gupta
 
REPORT ON EMPLOYEE SATISFACTION
REPORT ON EMPLOYEE SATISFACTIONREPORT ON EMPLOYEE SATISFACTION
REPORT ON EMPLOYEE SATISFACTIONDhaval Prajapati
 
A study on stress management of employees at syndicate bank
A study on stress management of employees at syndicate bankA study on stress management of employees at syndicate bank
A study on stress management of employees at syndicate bankProjects Kart
 
Microfinance : Project Report
Microfinance : Project ReportMicrofinance : Project Report
Microfinance : Project Reportyogi3250
 
Study on effectiveness of training and development
Study on effectiveness of training and developmentStudy on effectiveness of training and development
Study on effectiveness of training and developmentAnoop Voyager
 

En vedette (20)

Mutual fund performance an analysis of monthly returns of an emerging market
Mutual fund performance an analysis of monthly returns of an emerging marketMutual fund performance an analysis of monthly returns of an emerging market
Mutual fund performance an analysis of monthly returns of an emerging market
 
Job satisfaction, social behaviour and workers attitude in the universities i...
Job satisfaction, social behaviour and workers attitude in the universities i...Job satisfaction, social behaviour and workers attitude in the universities i...
Job satisfaction, social behaviour and workers attitude in the universities i...
 
Dsp black rock projct
Dsp black rock projctDsp black rock projct
Dsp black rock projct
 
Need of financial advisors for mutual fund investors” at karvy stock broking ...
Need of financial advisors for mutual fund investors” at karvy stock broking ...Need of financial advisors for mutual fund investors” at karvy stock broking ...
Need of financial advisors for mutual fund investors” at karvy stock broking ...
 
Hrm final
Hrm finalHrm final
Hrm final
 
Portfolio management-and-mutual-fund-analysis-for-sbi-group-mbahotspot.com
Portfolio management-and-mutual-fund-analysis-for-sbi-group-mbahotspot.com Portfolio management-and-mutual-fund-analysis-for-sbi-group-mbahotspot.com
Portfolio management-and-mutual-fund-analysis-for-sbi-group-mbahotspot.com
 
job satisfaction of freshfeild pvt ltd
job satisfaction of freshfeild pvt ltdjob satisfaction of freshfeild pvt ltd
job satisfaction of freshfeild pvt ltd
 
A field work report on Motivation of employee in Rastriya Banijya Bank ltd
A field work report on Motivation of employee in Rastriya Banijya Bank ltdA field work report on Motivation of employee in Rastriya Banijya Bank ltd
A field work report on Motivation of employee in Rastriya Banijya Bank ltd
 
Arshad synopsys
Arshad synopsysArshad synopsys
Arshad synopsys
 
Personal finance and wealth management project report
Personal finance and wealth management project reportPersonal finance and wealth management project report
Personal finance and wealth management project report
 
Performance evaluation risk and return of mutual funds @ uti secureties pro...
Performance evaluation risk and return of  mutual funds  @ uti secureties pro...Performance evaluation risk and return of  mutual funds  @ uti secureties pro...
Performance evaluation risk and return of mutual funds @ uti secureties pro...
 
Project report 1
Project report 1Project report 1
Project report 1
 
a-study-on-stress-management
a-study-on-stress-managementa-study-on-stress-management
a-study-on-stress-management
 
Hr policies
Hr policiesHr policies
Hr policies
 
Research Proposal on Talent Management
Research Proposal on Talent ManagementResearch Proposal on Talent Management
Research Proposal on Talent Management
 
Stress management
Stress managementStress management
Stress management
 
REPORT ON EMPLOYEE SATISFACTION
REPORT ON EMPLOYEE SATISFACTIONREPORT ON EMPLOYEE SATISFACTION
REPORT ON EMPLOYEE SATISFACTION
 
A study on stress management of employees at syndicate bank
A study on stress management of employees at syndicate bankA study on stress management of employees at syndicate bank
A study on stress management of employees at syndicate bank
 
Microfinance : Project Report
Microfinance : Project ReportMicrofinance : Project Report
Microfinance : Project Report
 
Study on effectiveness of training and development
Study on effectiveness of training and developmentStudy on effectiveness of training and development
Study on effectiveness of training and development
 

Similaire à Bachelor Thesis_Talent Management

Organizational Culture 2014 (03)
Organizational Culture 2014 (03)Organizational Culture 2014 (03)
Organizational Culture 2014 (03)Jon R Wallace
 
2345Sara Miller McCune fou.docx
2345Sara Miller McCune fou.docx2345Sara Miller McCune fou.docx
2345Sara Miller McCune fou.docxjesusamckone
 
A Study On Leadership Competencies
A Study On Leadership CompetenciesA Study On Leadership Competencies
A Study On Leadership CompetenciesHeather Strinden
 
MGMT665, MBA CapstoneLive Chat #3 Focus on Organizatio.docx
MGMT665, MBA CapstoneLive Chat #3  Focus on Organizatio.docxMGMT665, MBA CapstoneLive Chat #3  Focus on Organizatio.docx
MGMT665, MBA CapstoneLive Chat #3 Focus on Organizatio.docxLaticiaGrissomzz
 
An Organizational Concept Of Human Resource Developdment How Human Resource...
An Organizational Concept Of Human Resource Developdment   How Human Resource...An Organizational Concept Of Human Resource Developdment   How Human Resource...
An Organizational Concept Of Human Resource Developdment How Human Resource...Steven Wallach
 
Classmate 1Discussion 8As a leader, identify and discus.docx
Classmate 1Discussion 8As a leader, identify and discus.docxClassmate 1Discussion 8As a leader, identify and discus.docx
Classmate 1Discussion 8As a leader, identify and discus.docxbartholomeocoombs
 
Mba 592 thesis leadership trends in the 21st century
Mba 592 thesis leadership trends in the 21st centuryMba 592 thesis leadership trends in the 21st century
Mba 592 thesis leadership trends in the 21st centuryStephen G. Enders, MBA
 
Jiezhen ZhuCOMM 100Shelly SprattOct 25, 2019Annotated Bibl.docx
Jiezhen ZhuCOMM 100Shelly SprattOct 25, 2019Annotated Bibl.docxJiezhen ZhuCOMM 100Shelly SprattOct 25, 2019Annotated Bibl.docx
Jiezhen ZhuCOMM 100Shelly SprattOct 25, 2019Annotated Bibl.docxvrickens
 
ReferencesBadshah, S. (2012). Historical study of leadership the.docx
ReferencesBadshah, S. (2012). Historical study of leadership the.docxReferencesBadshah, S. (2012). Historical study of leadership the.docx
ReferencesBadshah, S. (2012). Historical study of leadership the.docxlorent8
 
Week 3 Journal Article Analysis AssignmentSelect an article from a.docx
Week 3 Journal Article Analysis AssignmentSelect an article from a.docxWeek 3 Journal Article Analysis AssignmentSelect an article from a.docx
Week 3 Journal Article Analysis AssignmentSelect an article from a.docxnealralix138661
 
Keynote Presentation for KU-TU-MU-CU 2014 Conference on Intercultural Communi...
Keynote Presentation for KU-TU-MU-CU 2014 Conference on Intercultural Communi...Keynote Presentation for KU-TU-MU-CU 2014 Conference on Intercultural Communi...
Keynote Presentation for KU-TU-MU-CU 2014 Conference on Intercultural Communi...Suwichit Chaidaroon
 
Human Resource Management Practices and Employees’ Satisfaction.docx1111111.docx
Human Resource Management Practices and Employees’ Satisfaction.docx1111111.docxHuman Resource Management Practices and Employees’ Satisfaction.docx1111111.docx
Human Resource Management Practices and Employees’ Satisfaction.docx1111111.docxalmaamari1990
 
12Title of PaperYour NameRasmussen CollegeCOUR
12Title of PaperYour NameRasmussen CollegeCOUR12Title of PaperYour NameRasmussen CollegeCOUR
12Title of PaperYour NameRasmussen CollegeCOURChantellPantoja184
 
12Title of PaperYour NameRasmussen CollegeCOUR
12Title of PaperYour NameRasmussen CollegeCOUR12Title of PaperYour NameRasmussen CollegeCOUR
12Title of PaperYour NameRasmussen CollegeCOUREttaBenton28
 
Capella Human Resource Management Concepts and Business Challenges Discussion...
Capella Human Resource Management Concepts and Business Challenges Discussion...Capella Human Resource Management Concepts and Business Challenges Discussion...
Capella Human Resource Management Concepts and Business Challenges Discussion...stirlingvwriters
 
Competency based-management -_erf54s3f0
Competency based-management -_erf54s3f0Competency based-management -_erf54s3f0
Competency based-management -_erf54s3f0Raghda Ebrashi
 
Reflection Paper 1Reflection Paper 2Reflection Paper.docx
Reflection Paper 1Reflection Paper 2Reflection Paper.docxReflection Paper 1Reflection Paper 2Reflection Paper.docx
Reflection Paper 1Reflection Paper 2Reflection Paper.docxsodhi3
 
HRM Course OutLine 2024.docx
HRM Course OutLine 2024.docxHRM Course OutLine 2024.docx
HRM Course OutLine 2024.docxAtuhaireAnnah
 

Similaire à Bachelor Thesis_Talent Management (20)

Organizational Culture 2014 (03)
Organizational Culture 2014 (03)Organizational Culture 2014 (03)
Organizational Culture 2014 (03)
 
2345Sara Miller McCune fou.docx
2345Sara Miller McCune fou.docx2345Sara Miller McCune fou.docx
2345Sara Miller McCune fou.docx
 
A Study On Leadership Competencies
A Study On Leadership CompetenciesA Study On Leadership Competencies
A Study On Leadership Competencies
 
MGMT665, MBA CapstoneLive Chat #3 Focus on Organizatio.docx
MGMT665, MBA CapstoneLive Chat #3  Focus on Organizatio.docxMGMT665, MBA CapstoneLive Chat #3  Focus on Organizatio.docx
MGMT665, MBA CapstoneLive Chat #3 Focus on Organizatio.docx
 
An Organizational Concept Of Human Resource Developdment How Human Resource...
An Organizational Concept Of Human Resource Developdment   How Human Resource...An Organizational Concept Of Human Resource Developdment   How Human Resource...
An Organizational Concept Of Human Resource Developdment How Human Resource...
 
Classmate 1Discussion 8As a leader, identify and discus.docx
Classmate 1Discussion 8As a leader, identify and discus.docxClassmate 1Discussion 8As a leader, identify and discus.docx
Classmate 1Discussion 8As a leader, identify and discus.docx
 
Mba 592 thesis leadership trends in the 21st century
Mba 592 thesis leadership trends in the 21st centuryMba 592 thesis leadership trends in the 21st century
Mba 592 thesis leadership trends in the 21st century
 
Jiezhen ZhuCOMM 100Shelly SprattOct 25, 2019Annotated Bibl.docx
Jiezhen ZhuCOMM 100Shelly SprattOct 25, 2019Annotated Bibl.docxJiezhen ZhuCOMM 100Shelly SprattOct 25, 2019Annotated Bibl.docx
Jiezhen ZhuCOMM 100Shelly SprattOct 25, 2019Annotated Bibl.docx
 
Recruitment
RecruitmentRecruitment
Recruitment
 
ReferencesBadshah, S. (2012). Historical study of leadership the.docx
ReferencesBadshah, S. (2012). Historical study of leadership the.docxReferencesBadshah, S. (2012). Historical study of leadership the.docx
ReferencesBadshah, S. (2012). Historical study of leadership the.docx
 
Week 3 Journal Article Analysis AssignmentSelect an article from a.docx
Week 3 Journal Article Analysis AssignmentSelect an article from a.docxWeek 3 Journal Article Analysis AssignmentSelect an article from a.docx
Week 3 Journal Article Analysis AssignmentSelect an article from a.docx
 
Keynote Presentation for KU-TU-MU-CU 2014 Conference on Intercultural Communi...
Keynote Presentation for KU-TU-MU-CU 2014 Conference on Intercultural Communi...Keynote Presentation for KU-TU-MU-CU 2014 Conference on Intercultural Communi...
Keynote Presentation for KU-TU-MU-CU 2014 Conference on Intercultural Communi...
 
Human Resource Management Practices and Employees’ Satisfaction.docx1111111.docx
Human Resource Management Practices and Employees’ Satisfaction.docx1111111.docxHuman Resource Management Practices and Employees’ Satisfaction.docx1111111.docx
Human Resource Management Practices and Employees’ Satisfaction.docx1111111.docx
 
12Title of PaperYour NameRasmussen CollegeCOUR
12Title of PaperYour NameRasmussen CollegeCOUR12Title of PaperYour NameRasmussen CollegeCOUR
12Title of PaperYour NameRasmussen CollegeCOUR
 
12Title of PaperYour NameRasmussen CollegeCOUR
12Title of PaperYour NameRasmussen CollegeCOUR12Title of PaperYour NameRasmussen CollegeCOUR
12Title of PaperYour NameRasmussen CollegeCOUR
 
Capella Human Resource Management Concepts and Business Challenges Discussion...
Capella Human Resource Management Concepts and Business Challenges Discussion...Capella Human Resource Management Concepts and Business Challenges Discussion...
Capella Human Resource Management Concepts and Business Challenges Discussion...
 
Competency based-management -_erf54s3f0
Competency based-management -_erf54s3f0Competency based-management -_erf54s3f0
Competency based-management -_erf54s3f0
 
Reflection Paper 1Reflection Paper 2Reflection Paper.docx
Reflection Paper 1Reflection Paper 2Reflection Paper.docxReflection Paper 1Reflection Paper 2Reflection Paper.docx
Reflection Paper 1Reflection Paper 2Reflection Paper.docx
 
HRM Course OutLine 2024.docx
HRM Course OutLine 2024.docxHRM Course OutLine 2024.docx
HRM Course OutLine 2024.docx
 
Bibliography
BibliographyBibliography
Bibliography
 

Bachelor Thesis_Talent Management

  • 1. ! Talent Management A case study of the constitutive power of LMX relationships in capitalising talents into performance Bachelor Thesis by Malene Villadsen Marketing and Management Communication Department of Business Communication Aarhus University, Business and Social Sciences (Aarhus BSS)
  • 2. Bachelor Thesis Malene Villadsen Talent Management 5 May 2015 BA in Marketing and Management Communication Aarhus University, School of Business and Social Sciences (Aarhus BSS) SUMMARY The fast-changing business environment and increasing global competition of today, has made human capital the number one competitive advantage for businesses. In this realisation, Talent Management (TM) “has become a fashion trend in modern organisations” (Ariss 2014: 3). However, little agreement has jet appeared as to the definition and strategy implications of this concept, neither among practitioners nor academic scholars. Following Buckingham and Vosburgh (2001 cited in Dries et al. 2014: 16), this thesis defines TM inclusively as “the art of recognising where each employee’s areas of natural talent lie, and figuring out how to help each employee develop the job- specific skills and knowledge to turn those talents into real performance […] elevating each person’s performance to its highest possible levels, given the individual’s natural talents”. In this definition, TM is conceptualised as relational, as uncovering the talent of each employee and turning it into real performance becomes a negotiated process between leader and member, making leader-member exchange communication essential for effective TM, i.e. for capitalisation of talents. Drawing on a case study and the kind collaboration of MAN Diesel & Turbo, this thesis therefore investigates the role of leader-member communication in TM and more specifically 1) How employees at MAN Diesel & Turbo make sense of their leader-member relationships and 2) How members at MAN Diesel and Turbo understand the link between communicative practices and leader-member relationships. The thesis takes the philosophical perspective of social constructionism, seeing the world as a constructed reality, continuously negotiated and re-negotiated in interactions (Burr 2001; Daymon and Immy 2011; Bryman 2008), and therefore conducts a qualitative analysis of interviews conducted with members at MAN Diesel & Turbo. The research findings suggests that Graen and colleagues’ (1995; 1887) 7-item LMX is a too simple measurement for determining leader-member exchange quality, as these relations rather than being progressively stabile are continuous by nature. As such, a narrative approach to leader-member relationships provides valuable insight into how members make sense of and re-construct exchange experiences in communication, talking them into existence. The study suggests that high vs. low- quality exchange relationships have a significant effect on employee motivation, satisfaction, performance levels and ultimately organisational capitalisation of talents. Thus, in order to build effective talent management, today’s leader fronts the task of working out the meanings for LMX in communication with each member individually (Fairhurst 2007B). Without neglecting the argument that exchanges are relative, the thesis shows evidence for three themes of communicative practices that on a cumulative level seem to be constitutive of high-quality exchanges. These include 1) high communication frequency as a means for providing support 2) authoritative, but open communication causes efficiency and 3) recognitive and issues-oriented communication builds high-quality exchanges. Hereby, the thesis provides a first hand guideline for TM practitioners, while emphasising that the themes are not prescriptive of effective TM and that rather than searching for a “best practice” template, practitioners should take a “best fit” approach to TM, recognising its continuous nature. Key words: Talent Management – talent – LMX relationship – sensemaking – narrative analysis – theoretical thematic analysis – social re-negotiation – communication practices
  • 3. Bachelor Thesis Malene Villadsen Talent Management 5 May 2015 BA in Marketing and Management Communication Aarhus University, School of Business and Social Sciences (Aarhus BSS) BIBLIOGRAPHY Altman, I., Vinsel, A., & Brown, B. B. (1981). Dialectic Conceptions in Social Psychology: An Application to Social Penetration and Privacy Regulation . In L. Berkowitz (ed.) Advances in experimental and social psychology. New York: Academic Press, 107 – 160. Ariss, A. A. (2014) Global Talent Management: An introduction and a Review. In A. A. Ariss (ed.) Glabal Talent Management: Challenges, Strategies, and Opportunities. New York: Spinger Cham Heidelberg, 3 – 13. Baxter, L. A. (1990) Dialectical Contradictions in Relational Development. Journal of social and Personal Relationships (7), 69 – 88. Baxter, L. (1988). A Dialectical Perspective on Communication Strategies in Relationship Development . In S. Duck, D. Hay, S. Jobfoll, W. Ickes, and B. Montgomery (edn.) Handbook of Personal Relationships: Theory, Research, and Interventions. Chichester: Wiley, 257 – 274. Burr, V. (2001) Introduction: What is social constructionism? In V. Burr (ed.) An Introduction to Social Constructionism. Routledge, 1 – 38. Braun, V. and Clarke, V. (2006) Using Thematic Analysis in psychology. Qualitative Research in Psychology (3), 77 – 101. Brown, A. D., Colville, I. and Pye, A. (2015) Making Sense of Sensemaking in Organization Studies. Organisation Studies (36), 265 – 277. Bryman, A. (2008) Social Research Methods, 3th edn. New York: Oxford University Press Inc. Buckingham, M. and Coffman, C. (1999) First, Break All the Rules. What the World’s Greatest Manangers Do Differently. New York: Simon & Schuster. Cheney, G., Christensen, L. T., Zorn Jr., T. E. and Ganesh (2010) Organizational Communication in an Age of Globalisation: Issues, Reflections, Practices, 2nd edn. Long Grove: Waveland Press, Inc. CIPD (2006) Reflections on Talent Management. Available at: http://www.cipd.co.uk/NR/rdonlyres/F473B522-DD49-49E2-9021- 59E0B2BDA288/0/reftalmanca0306.pdf [Accessed April 22, 2015]. Collings, D. G. and Mellahi, K. (2009) Strategic Talent Management: A Review and Research Agenda. Human Resource Review (29), 304 – 313. Czaja, R. and Blair, J. (2005) Designing Surveys: A guide to Decisions and Procedures, 2nd edn. California: Pine Forge Press. Daymon, C. and Immy, H. (2011) Qualitative Research Methods in Public Relations and Marketing Communication, 2nd edn. Oxon: Routledge.
  • 4. Bachelor Thesis Malene Villadsen Talent Management 5 May 2015 BA in Marketing and Management Communication Aarhus University, School of Business and Social Sciences (Aarhus BSS) Fairhurst, G. T. (2007A) Two Traditions. In G. T. Fairhurst (ed.) Discursive Leadership: In Conversation with Leadership Psychology. Thousand Oaks: SAGE publications, Inc, 1 – 23. Fairhurst, G. T. (2007B) Narrative Logics. In G. T. Fairhurst (ed.) Discursive Leadership: In Conversation with Leadership Psychology. Thousand Oaks: SAGE publications, Inc, 119 – 141. Fairhurst, G. T. (2007C) Appendixes. In G. T. Fairhurst (ed.) Discursive Leadership: In Conversation with Leadership Psychology. Thousand Oaks: SAGE publications, Inc, 191 – 203. Daft, R. L.(2011) The Leadership Experience, 5th edn. Mason: South-Western Cengage Learning. Daft, R. L., Murphy, J., Willmot, H. (2010) Organization Theory and Design, 9th edn. Hampshire: Cengage Learning EMEA. Dries, N., Cotton, R., D, Bagdadli, S. and Oliveira, M., Z. (2014) HR Directors’ Understanding of ‘Talent’: A Cross-Cultural Study. In A. A. Ariss (ed.) Glabal Talent Management: Challenges, Strategies, and Opportunities. New York: Spinger Cham Heidelberg, 15 – 28. Graen, G. B. and Uhl-Bien, M. (1995) Relationship-Based Approach to Leadership: Development of Leader-Member Exchange (LMX) Theory of Leadership over 25 Years: Applying a Multi- Level Multi-Domain Perspective. Leadership Quarterly (6), 219 – 247. Graen, G. B. and Scandura, T. A. (1987) Toward a Psychology of Dyadic Organizing. Organisational Behavior (9), 175 – 208. Huemer, L. (2012) Organizational Identities in Networks: Sense-giving and Sense-taking in the Salson Farming Industry. The IMP Journal (6), 240 – 253. Hopp, Armin (2013) Empowered Talent Begins with Communication. Human Resource Management International Digest (6), 30 – 32. Iles, P., Preece, D., and Chuai, X. (2010). Talent Management as a Management Fashion in HRD: Towards a Research Agenda. Human Resource Development International 13(2), 125–145. Kobza, C., Klotz, A. C. and Buckley, M. R. (2013) Oklahoma-Based Companies: The Attraction and Retention of Talent under Current Economic Conditions and with a Changing Workforce. Oklahoma Business Bulletin, 4 – 8. Kvale, S. (1996) InterViews: An Introduction to Qualitative Research Interviewing. Thousand Oaks: SAGE publications, Inc. Kvale, S. (2009) InterViews: Learning the Craft of Qualitative Research Interviewing, 2nd edn. Thousand Oaks: SAGE publications, Inc. MAN Diesel & Turbo (2015) Company Profile: Company, products and services. Available at: http://dieselturbo.man.eu/company/about-us [Accessed April 8, 2015].
  • 5. Bachelor Thesis Malene Villadsen Talent Management 5 May 2015 BA in Marketing and Management Communication Aarhus University, School of Business and Social Sciences (Aarhus BSS) MAN (2014) Annual Report. Available at: http://www.corporate.man.eu/man/media/en/content_medien/doc/global_corporate_website_1/i nvestor_relations_1/gb/2015_5/15_03_11_geschaeftsbericht_2014.pdf [Accessed April 20, 2015]. Mazurkiewicz, A. (2014) Talent management as a New Paradigm in Management Science. Journal of Positive Management (5), 15-27. McCauley, C. and Wakefield, M. (2006) Talent Management in the 21st Century: Help You Compnay Find, Develop and Keep its Strongest Workers. The Jounal for Quality and Participation (4), 4 – 7. Meyer, C. B. (2001) A Case in Case Study Methodology. Field Methods (13), 329 – 352. Meyers, M. C., and Woerkom, M. van (2014). The Influence of Underlying Philosophies on Talent Management: Theory, Implications for Practice, and Research Agenda. Journal of World Business, 49(2), 192-203. Miller, K. (2012) Organisational Communication: Approaches and Processes, 6th edn. Wadsworth: Cengage Learning. Mills, J. H., Thurlow, A. and Mills, A. J. (2010) Making sense of sensemaking: the critical sensemaking approach. Qualitative Reasearch in Organizations and Management: An International Journal (5), 182 – 195. Novo Nordisk (2012) Talent Management at Novo Nordisk. Available at: http://www.talent- dk.dk/Admin/Public/Download.aspx?file=Files%2FFiler%2FTALENT- DK%2FInspirationsm%C3%B8de+2012%2FNovo+Nordisk.pdf [Accessed 25 April, 2015]. Nordea (2015) Talent Management at Nordea. Available at: http://www.nordea.com/Career/Career+development/Talent+Management+at+Nordea/1673972 .html [Accessed 25 April, 2015]. PwC (2012) Delivering Better Business Results Through Talent: Talent Management. Available at: https://www.pwc.com/vn/en/publications/2013/talent_management_flyer.pdf [Accessed May 4, 2015]. Schutt, R. K. (2006) Investigating the Social World: The Process and Practice of Research, 5th edn. Thousand Oaks: SAGE Publications Inc. Sonnenberg, M., and van Zijderveld, V. (2015) Realinzing the Highest value of Investments in Talent Management. In M. Andersen and C. Nowak (ed.) Human Resource Management Practices, Management for Professionals. Switzerland: Springer International Publishing, 31 – 51. Vance, C. M., Vaiman, V., Cosic, A., Abedi, M and Sena, R. (2014) Smart Global Talent Management: A Promising Hybrid. In A. A. Ariss (ed.) Glabal Talent Management: Challenges, Strategies, and Opportunities. New York: Spinger Cham Heidelberg, 29 – 41.
  • 6. Bachelor Thesis Malene Villadsen Talent Management 5 May 2015 BA in Marketing and Management Communication Aarhus University, School of Business and Social Sciences (Aarhus BSS) Weick, K. E. (1993) The Collapse of Sensemaking in Organizations: The Mann Gulch Disaster. Administrative Science Quarterly (38), 628 – 652. Weick, K. E., Sutcliffe, K. M. and Obstfeld, D. (2005) Organizing and the Process of Sensemaking. In K. E. Weick (ed.) Making Sense of the Organisation: The Impermenant Organization. United Kingdom: John Wiley and Sons Ltd, 131 – 151. Wilska, E. (2014) Determinants of Effective Talent Management. Kopernika: Journal of Positive Management (4), 77 – 88.