Human potential as a factor of organizational competitiveness

Lejla Škaljić, Veldin Ovčina

In recent times, researchers and practitioners have been placing great importance on the concept of talent management. Organizations around the world have recognized the crucial role of talent — employees as carriers of business processes and as a factor directly and indirectly linked to organizational competitiveness. Today's knowledge-intensive business environment emphasizes the importance of human resources and encourages viewing them as a rare and hard-to-replace organizational asset that shapes the organization's brand itself. The purpose of this paper is to provide a critical overview of the theoretical framework of talent management, with a particular focus on the role of talent reviews in a strategic context. An analysis was conducted on methodological issues in the study of talent management, and key trends were identified that currently influence — and will continue to influence — the practice and study of talent management in the future.