Leadership development and talent management in constrained resource settings: A strategic HR perspective
1 Independent Researcher, Bonny Island, Nigeria.
2 Independent Researcher, Houston, TX, USA.
3 Independent Researcher, Nigeria.
Review
Comprehensive Research and Reviews Journal, 2024, 02(02), 013–022.
Article DOI: 10.57219/crrj.2024.2.2.0031
Publication history:
Received on 15 October 2024; revised on 20 November 2024; accepted on 23 November 2024
Abstract:
Leadership development and talent management are critical for organizational sustainability, yet they pose significant challenges in constrained resource settings. This paper examines key barriers such as limited funding, talent shortages, and inadequate infrastructure, highlighting their adverse effects on organizational performance and employee retention. Strategic human resource (HR) approaches are proposed to address these issues, including cost-effective leadership development frameworks, innovative recruitment and retention strategies, and succession planning initiatives. Technology, mentorship, and non-monetary incentives are emphasized in fostering employee engagement and enhancing leadership capacity. Additionally, the importance of external collaborations with governments, NGOs, and private sector entities is explored as a means to augment organizational resources. The paper concludes with practical recommendations for HR leaders and policymakers to implement sustainable talent management and leadership development strategies in resource-limited contexts. By adopting these measures, organizations can build resilient workforces, drive long-term success, and maintain operational effectiveness despite significant constraints.
Keywords:
Leadership development; Talent management; Constrained resource settings; Strategic human resource management; Employee engagement; Succession planning
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Copyright © 2024 Author(s) retain the copyright of this article. This article is published under the terms of the Creative Commons Attribution Liscense 4.0