HUMAN RESOURCE MANAGEMENT (HRM) STRATEGIES IN AFFECTING ORGANISATIONAL TALENT MANAGEMENT IN THE MANUFACTURING INDUSTRY, CHINA
Abstract
Human resources are often considered to be the most important players in multiple business entities. It has always been the case that scientific and effective human resource management can help enterprises develop in a better direction and generate great impetus. Based on the organisational "black box" theory, this study investigates the impact of human resource management on organisational performance through the mediating effect of talent management in the top ten private manufacturing industries in Wuxi City, Jiangsu Province, China. The study adopted a positivist epistemological and quantitative approach. Based on simple random sampling, a Likert scale questionnaire was administered to 518 employees from the top ten private manufacturing industries in Wuxi to collect primary data. The results of the study show that strategic human resources and human resource development have a significant positive effect on talent management, while employee retention and employee performance appraisal have no effect on talent management. In addition, this study also found a significant correlation between strategic human resources, human resource development, employee retention, employee performance appraisal and talent management.