Hybrid Approach to Talent Management Strategies and its Impact on Organizational Effectiveness

(A Study of Social Entrepreneurial Ventures in Pakistan)

Authors

  • Salima Shahin Department of Management Sciences, Shaheed Zulfiqar Ali Bhutto Institute of Science and Technology, Karachi, Pakistan
  • Kamran Ahmed Soomro Department of Management Sciences, Shaheed Zulfiqar Ali Bhutto Institute of Science and Technology, Karachi, Pakistan

DOI:

https://doi.org/10.52633/jemi.v4i2.234

Keywords:

Talent Management Strategies, Organizational Effectiveness, Commercialization of Social Services, Social Entrepreneurship

Abstract

This research examines the relationship between talent management strategies and organizational effectiveness when the commercialization of social activities (COSA) mediates the relationship. These strategies significantly impact organizational effectiveness when adopting a hybrid approach to social and market functions. The research under study is quantitative and uses SPSS and Smart-PLS for statistical analysis, whereas the hypothesized relationship between variables of the conceptual model is analyzed using the deductive approach with explanatory research based on the causal relationship between the variables. The research strategy involves survey design using primary data from social entrepreneurial ventures working in Karachi. The findings of the research indicated a strong positive relationship between latent constructs. Moreover, the direct relationship between talent management strategies and COSA was found to be significant. Similarly, the indirect relationship between talent management strategies and organizational effectiveness was also found to be significant and positive. The findings of the research under the study supported existing literature. There is a knowledge gap in how talent management affects organizational effectiveness for social entrepreneurs when they commercialize social activities in Pakistan. The research under this study enriched the understanding of using a hybrid approach to talent management strategies to achieve organizational effectiveness when ventures involve the aims of social and market functions by the commercialization of social activities.

Author Biographies

Salima Shahin, Department of Management Sciences, Shaheed Zulfiqar Ali Bhutto Institute of Science and Technology, Karachi, Pakistan

Ph.D. Scholar, Department of Management Sciences, Shaheed Zulfiqar Ali Bhutto Institute of Science and Technology, Karachi, Pakistan

Kamran Ahmed Soomro, Department of Management Sciences, Shaheed Zulfiqar Ali Bhutto Institute of Science and Technology, Karachi, Pakistan

Assistant Professor, Department of Management Sciences, Shaheed Zulfiqar Ali Bhutto Institute of Science and Technology, Karachi, Pakistan

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Published

2022-07-30

How to Cite

Shahin, S., & Soomro, K. A. (2022). Hybrid Approach to Talent Management Strategies and its Impact on Organizational Effectiveness: (A Study of Social Entrepreneurial Ventures in Pakistan). Journal of Entrepreneurship, Management, and Innovation, 4(2), 295 - 320. https://doi.org/10.52633/jemi.v4i2.234