Best Practices and Strategies for Talent Acquisition, Retention and Development in Egypt

Abstract

Purpose: The aim of the study was to investigate best practices and strategies for talent acquisition, retention, and development.
 Methodology: This study adopted a desk methodology. A desk study research design is commonly known as secondary data collection. This is basically collecting data from existing resources preferably because of its low cost advantage as compared to a field research. Our current study looked into already published studies and reports as the data was easily accessed through online journals and libraries.
 Findings: In talent management, key strategies include assessing both skills and cultural fit in recruitment, providing continuous learning opportunities, promoting diversity and inclusion, offering competitive compensation, and fostering a supportive work environment through regular feedback and opportunities for advancement. These practices contribute to successful talent acquisition, retention, and development.
 Unique Contribution to Theory, Practice and Policy: Human capital theory, psychological contract theory & resource-based view (RBV) may be used to anchor future studies on best practices and strategies for talent acquisition, retention, and development. Organizations should adopt a comprehensive talent management approach that strategically integrates these practices, ensuring consistency across HR functions.HR policies and guidelines should promote the alignment of talent management practices, emphasizing the synergy between acquisition, retention, and development to optimize human capital.