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Keeping talents for advancing service firms in Asia

Zheng, Connie 2009, Keeping talents for advancing service firms in Asia, Journal of service management, vol. 20, no. 5, pp. 482-502.

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Title Keeping talents for advancing service firms in Asia
Author(s) Zheng, Connie
Journal name Journal of service management
Volume number 20
Issue number 5
Start page 482
End page 502
Total pages 21
Publisher Emerald Group Publishing
Place of publication Bingley, England
Publication date 2009
ISSN 1757-5818
1757-5826
Keyword(s) human resource management
multinational companies
organizational performance
service industries
South East Asia
Summary Purpose – Skill shortages worldwide have intensified the need for talent management. Few papers examine the pattern of human resource (HR) and talent management practices that help retain competent employees among service multinational companies (MNCs) in Asia. The purpose of this paper is to map out a number of HR practices used by service companies and to examine the effect of talent retention as perceived by MNC managers on service delivery capacity and business growth.

Design/methodology/approach – A survey data of 281 service MNCs in six Asian countries (namely Indonesia, Malaysia, Philippines, Singapore, Taiwan, and Thailand) are used to compare country and sectoral differences. Standard multiple regression analysis is conducted to test the link between HR practices, employee retention, and service firm performance.

Findings – The results confirm that there are statistically significant linkages between HR practices, talent retention and firm performance. In particular, various skill training and development programs are seen to be significantly associated with capacity to deliver quality service and on firm growth as perceived by managers surveyed. Informal recruitment methods that are used more by Asian-bred firms have contributed to better retention rates. Not all formalised HR practices lead to talent retention; and the degree to which HR is perceived to have impacted on firm performance varies.

Research limitations/implications – The paper focuses on examining the perceptual impacts of human resource management (HRM) practices on firm performance, rather than actual HRM impacts. The interpretation of results should be taken with caution.

Originality/value – Talent management is influenced by country specific variables. This paper shows how important it is for service firms to focus on strategic selection of both formal and informal HR practices in order to deliver high quality service and to drive service firm growth.
Notes Reproduced with the kind permission of the copyright owner. The final published version is available from the journal homepage www.emeraldinsight.com/journals.htm?articleid=1816819&show=abstract&
Language eng
Field of Research 150305 Human Resources Management
Socio Economic Objective 910402 Management
HERDC Research category C1.1 Refereed article in a scholarly journal
Copyright notice ©2009, Emerald Group Publishing Limited
Persistent URL http://hdl.handle.net/10536/DRO/DU:30032758

Document type: Journal Article
Collections: Deakin Graduate School of Business
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