Exploring Factors that Influence Talent Management Competency of Academics in Malaysian GLC’s and Non- Government Universities

Abstract

The aim of this research is to investigate the nature and extent of talent management related factors on talent management competencyforAcademics in threeMalaysian universities. The study explored the literature and identified a broad theorized model by (Davies & Davies, 2010) further by undertaking a literature review from the extant literature some common factors associated to Talent Management the authors developed indicators and multi-item measures to preliminarily test and propose Davies & Davies model to a survey instrument(sample N= 166 with an 80% response rate).The study found that, Academic’s perception of talent identification, talent development and talent management culture relevance are the most important contributors to talent management competency for Academics. The findings also suggest that talent management competency levels for Academics are significantly higher when management have integrated HR systems that identify value, measure team and individual performance, assess and develop careers, give honest formal feedback and a culture of rewarding high performance. The study concludes that utilizing a more comprehensive model that incorporates the TM whole lifecycle beyond recruitment and selection and using methodology with multi-item measures has unearthed nuances in the data that confirm and extend the extant literature of talent management in higher education. In particular organizations that embark on a ‘one size fits all’ TM strategy by ignoring these job related factors could eventually face further problems such as high staff turnover, poor morale and associated costs and potential sacrificial client/customer service strategies that will impact on the bottom line and the organizations reputation. Indexterms: Talent Management –identification; development; culture, Exploratory Factor Analysis Faculty of Business &Law, Swinburne University of Technology, Hawthorn. Melbourne, Australia. Email: jannakis@swin.edu.au Faculty of Business &Law, Swinburne University of Technology, Hawthorn. Melbourne, Australia. Email: mdass@swin.edu.au Lecturer, College of Business Management and Accounting, UNITEN, Sultan Haji Ahmad Shah Campus. Contact No: 09-4552020 ext:3128, E-mail: aerni@uniten.edu.my 164 Journal of International Business and Economics, Vol. 2(4), December 2014