Strategic Talent Development for Creative Economy Enterprises
https://doi.org/10.22394/1726-1139-2024-4-136-145
EDN: OFNBPL
Abstract
Talent is a long-term competitive advantage for companies in the creative economy. At the same time, talents are one of the most expensive resources that are necessary for the realization of the company’s strategy, so the efficiency of their use depends on the right talent development strategy.
This study presents the results of analyzing effective practices aimed at developing talent within creative economy enterprises.
Objectives: to identify the strategic importance of talent for creative economy enterprises; to strategically analyze the best practices for talent development in the fashion industry.
The article is based on the theory of strategy and strategy methodology developed under the under the scientific supervision of Foreign Member of the Russian Academy of Sciences (Life-time), Dr. Sc. (Econ.) V. L. Kvint.
Results: the strategic role of talents is revealed. Conclusions: without talent strategizing creative economy enterprises are doomed to lack of long-term development.
About the Authors
I. V. Novikova
Lomonosov Moscow State University
Russian Federation
Russian Federation
Irina V. Novikova, Dr. Sc. in Economics, Professor at the Economic and Financial Strategy Department at Lomonosov Moscow State University’s Moscow School of Economics, professor at School of Public Administration and a leading researcher at the Center for Strategic Studies at the Institute of Mathematical Research of Complex Systems
Moscow
A. S. Khvorostyanaya
Lomonosov Moscow State University
Russian Federation
Russian Federation
Anna S. Khvorostyanaya, PhD in Economics, Leading Researcher of the Center for Strategic Research of the Institute of Mathematical Research of Complex Systems
Moscow
References
1. Kvint V. L. The concept of strategizing. In 2 volumes St. Petersburg : SZIU RANHiGS. [SZIU RANKhiGS]. 2019. Vol. 1. 132 p.
2. Kvint V. L. Theory and practice of strategizing. Tashkent: Tasvir. 2018. 160 p.
3. Polani M. Implicit measurement. Chicago, IL: University of Chicago Press. 2009. P. 4
4. Porter M. E. Competitive advantage: creating and maintaining superior performance. New York : Free Press. 1985.
5. Novikova I. V. Strategic leader in the digital economy: role, qualities and characteristics. Social and labor research. 2021. No. 4(45). P. 150–160. DOI: 10.34022/2658-3712-2021-45-4-150-160
6. Novikova I. V. Strategic management of the company’s human resources. Russian Journal of Industrial Economics [Ekonomika v promyshlennosti]. 2018. 11(4). P. 318–326. DOI: 10.17073/2072-1633-2018-4-318-326
7. Howkins J. The Creative Economy: How People Make Money from Ideas. Penguin Global. 2001.
8. Florida R. The Rise of the Creative Class: And How It’s Transforming Work, Leisure, Community, and Everyday Life. Basic Books. 2002.
9. Hvorostyanaya A. S. Strategizing the fashion industry: theory and practice. St. Petersburg: Northwestern Institute of Management – branch of RANEPA. 272 p. (Strategist’s Library). 2021.
10. Steven T. Hunt Commonsense Talant Management. Using Strategic Human Resources to Improve Company Performance. US. Wiley. 2014. P. 15.
11. Khvorostyanaya A. S. Textile and apparel entreprises sustainable development strategy: International and domestic experience. E3S Web of Conferences, Vol. 460, P. 1–6, EDP Sciences (France). 2023.
12. Campion M. Doing Competencies Well: Best Practices in Competency Modeling [Text] / M. Campion A. A. Fink B. J. Ruggeberg R. B. Odman // Personnel Psychology. 2011. P. 225–262.
13. Naqvi F. Competency Mapping and Managing Talent // The Insfain Journal of Management Review. 2009. Vol. 8. N 1. P. 85–94.
14. Ulrich D. The talent trifecta. Development and Learning in Organizations: An International Journal. Volume 22, Issue 2. 2008.
15. Stahl G., Björkman I., Farndale E., Morris S. etc. Six principles of effective global talent management. Sloan Management Review, 53. 2012. Р. 25–42. MIT Sloan Management Review, 53. P. 25–32.
16. Mäkelä K., Björkman I. & Ehrnrooth M. (2010). How do MNCs establish their talent? Influences on individuals’ likelihood of being labelled as talent. Journal of World Business, 45. P. 134–142.
17. Odegov Yu. G. Talent management — the reality of modern management // Bulletin of Omsk University. Series: Economics. 2015. No. 1. P. 92-99. EDN TKKURD
18. Steven T. Hunt Commonsense Talant Management. Using Strategic Human Resources to Improve Company Performance. 2014. US Wiley.
19. Novikova I. V., Samaibekova Z. K. Modern technologies of strategic personnel management in the conditions of innovative development of entrepreneurial structures // Administrative consulting. [Upravlencheskoe konsul’tirovanie]. 2024. No. 1. P. 84–95. DOI: 10.22394/1726-1139-2024-1-84-95
20. Khvorostyanaya A. Textile and apparel enterprises sustainable development strategy: focus on ecologic monitoring strategic communications. In E3S Web of Conf. (Vol. 531, p. 04022). 2024. DOI: 10.1051/e3sconf/202453104022
21. Chambers E., Foulon M., Handfield-Jones H., Hankin S., Michaels E. (1998). The War for Talent. The McKinsey Quarterly, 3. P. 44–57.
22. Gladwell M. Outliers: The Story of Success. Little, Brown and Company. 2008.
23. Sternberg R. J. (Ed.). Talent and Creativity: Handbook of Gifted Education. Cambridge University Press. 2000.
24. Simonton D. K. Creativity in Science: Chance, Logic, Genius, and Zeitgeist. Cambridge University Press. 2004.
25. Gladwell M. Outliers: The Story of Success. Little, Brown and Company. 2008.
26. Roberts J. G., & Singleton R. A. Cultivating Scientific Talent: Science Education and the Development of Scientific Talent. Routledge. 2006.
27. Csikszentmihalyi M. Creativity: Flow and the Psychology of Discovery and Invention. Harper Perennial. 1996.
Review
For citations:
Novikova I.V., Khvorostyanaya A.S. Strategic Talent Development for Creative Economy Enterprises. Administrative Consulting. 2024;(4):136-145. (In Russ.) https://doi.org/10.22394/1726-1139-2024-4-136-145. EDN: OFNBPL
Views:
367
Email this article 