Abstract:
The CEOs and the top level management of renowned firms of the world implement
talent management to build a pool of competent employees. An effective and formal
mechanism to implement these strategies helps the organization to strengthen the
human resource management process in order to effectively recruit and select , train
and develop, retain and compensate talented employees for the firm who are their
valuable assets.
The research has been conducted in the education sector specifically relating to the
public sector universities to analyze the talent management practices. For the
Government of Pakistan education is a low budget category sector because of which
these public sector universities hardly have essential budget to spend on their faculty
and employees. The management must concentrate on the research oriented activities
and most importantly pursuing, retention and compensation policies concerning
talented faculty members, the latter being critical for the former. Also, there is
immense government and political influence on the administrative policies of these
universities. The rules and regulation where reference based hiring approach is given
a priority over a merit based system has negatively impacted resulting in talented and
deserving employees being left behind. If the talented employees join these
universities then there are no formal compensation and development policies for
retaining them. Due to these reasons the employees working in these institutions are
not competitive and motivated enough to improve the education standards and
provide quality education to the students.
In this era of globalization and competition, institutions need to revamp their
traditional human resource policies in order to cater for the ever changing and
demanding attitude of employees towards the job. The bureaucratic philosophy
embedded at all the hierarchal levels needs to be changed by honest and talented
people. All the human resource processes must be strategically aligned with
institution and employee needs and wants to fulfill their ultimate goal i.e. betterment
of education standards through quality education. In my thesis I will highlight the
factors that are affecting the public sector institutions’ talent management strategies
and identify the building blocks needed to improve these strategies.
