Developing Innovativeness and Competency Through Talent Management In Indian Oil And Gas Sector

Abstract

Despite the importance of oil and gas for socio-economic capital, the scholarly study focused on innovative methods such as talent management in this industry has been limited. Drawing from the theory of Miner (1973), this research paper aims to empirically validate the construct of talent management and further throw light on the relationship between talent management and organisational innovativeness, as well as organisational competency development specifically in the Indian oil and gas industry. A sample of 598 managers operating in five distinct oil and gas firms in India took part in the process of research. Regression analysis confirms that talent management has a significant impact on HR outcomes like employee creativity, innovativeness, and competency. This empirical research has broadened our knowledge of the elements of talent management and their impact on organisational outcomes like innovation capabilities of the Indian oil and gas sector which have not been addressed together in previous empirical studies in India.