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Adoption of talent management practices contingent on talent scarcity and congruence of expectations
Keywords: talent scarcity/availability, congruence, talent management practices, POF, expectations
Abstract: Talent plays a critical role in organization success. The scarcity of quality talent is an ongoing threat to modern organizations with the fierce competition for talent demanding innovative talent management (TM) solutions. While the importance of person-organization fit (POF) is well understood within this context, labor market conditions and congruence of expectations are rarely considered in the TM literature. Using a contingency approach, we develop a three-level theoretical framework to guide the selection of TM practices and create discrete scenarios in which specific talent management practices may be preferred to achieve POF and positive outcomes for multiple stakeholders.