The Effect Of Talent Management Practices On Organization Performance: - The Case Of Oromia Bank

Abstract

The general objective of this study was to investigate the effect of talent management practices on organization performance the case of Oromia Bank. . To achieve the objectives, research questions were formulated and assessed based on the conceptual framework of considering independent variables as talent management practices and dependent variable as organizational performance. The study applied a probability sampling techniques in which simple random sampling method was used to collect data from employees of Oromia Bank at Headquarter. From the total population 760 of employees 262 sample size was taken through simple random sampling technique. Regarding data sources, the primary (questionnaires and interviews) sources were used. 262 questionnaires were distributed and from that only 253 respondents filled and returned the questionnaires properly but nine respondents excluded. To check the reliability and internal consistency of the questionnaires Cronbach’s alpha was used. The researcher used both quantitative and qualitative approach and Information gathered from respondents was analyzed using descriptive statistics (frequencies, percentages, means & standard deviations), and inferential statistics (correlation and regression) analyses using IBM Statistical Package for Social Science (SPSS) software version 20. The study findings showed that talent engagement, talent retention, and talent development had statistically significant effect on organizational performance respectively while there no statistically sufficient evidence that talent attraction had a significant effect on organization performance. Finally, the researcher recommend that the bank is advisable to give more emphasis for the applications of talent management practices since it plays the essential role in attracting, developing, engaging, and retaining talented employees for organizational performance.