The Impact of Talent Management on Perceived Organizational Performance in a Leading Telecommunication and Technological Companies in Colombo District

Abstract

Area of the Study This study seeks to explore the impact of talent management on perceived organizational performance in leading telecommunication and technological companies in Colombo district, Sri Lanka. Problem of the Study The concept of talent management is not well researched in the Sri Lankan context. Especially, no studies have been found on the impact of talent management on perceived organizational performance in Sri Lanka. Hence, this study aims to find out the impact of talent management on perceived organizational performance in leading telecommunication and technology companies in Sri Lanka. Method of the study The target population of this study was the total number of telecommunication and technology companies in Sri Lanka. Out of the total population, four leading telecommunication and technology companies in Colombo district were selected by using convenient sampling technique. From the total number of executive level employees within these four companies, proportionately 240 executives were selected for the data collection. A structured questionnaire, which consisted of 47 statements with five point Likert scale was used. The data analysis included the univariate analysis and bivariate analysis. Findings of the Study This study found that there is a significant positive impact of talent management on perceived organizational performance in leading telecommunication and technology companies in Sri Lanka. Moreover, perceived organizational performance is positively correlated with the each dimension of the talent management namely talent acquisition, talent development and talent retention. As per the regression analysis, talent management has an impact of 59.6% on perceived organizational performance Also, the research found that there is same level of practice of talent management in telecommunication and technology companies in Sri Lanka. Conclusion of the Study It is concluded that there is a significant positive impact of talent management on perceived organizational performance in leading telecommunication and technology companies in Sri Lanka. In addition, dimensions of talent management (talent acquisition, talent development and talent retention) have a positive impact on perceived organizational performance of the sample. To enhance the overall performance within the telecommunication and technology