The Presence of Talent Management Practice among the Few Selected State-Owned Enterprises in Namibia
Abstract:
The management of State-Owned Enterprises (SOE’s) in Namibia are faced with
mammoth of challenges especially ensuring the organisation has the right people
ready for critical roles now and in the future. This is absolutely necessary, to
avoid inefficient and ineffectiveness in performances. One of the major approaches
used to achieve the availability of talent pools in performing organisations is
the practice of Talent Management. This study sought to establish the level of existence
and application of the systematic approaches required in managing the career growth
of high potential employees in SOE in Namibia. Secondly the study is aimed at identifying
the mechanisms implemented and challenges experienced by these companies in managing
their talents. Interviews and structured questionnaires involving the participation
of over four (4) SOE’s was used as the main tools for this study. The findings of
this study revealed that the lack of understanding the Talent management practice
and benefits to organisations is a critical factor affecting the practice of TM
in Namibian SOE’s based in Windhoek. The study thus, recommends that SOE’s give
this factor special consideration when strategizing their company performance approaches.
The study further recommends that studies be done to explore other factors other
than lack of understanding on the Talent Management Practice affecting the implementation
of TM to continuously improve the SOE’s performances.
Keywords: Talent Management, Talent pools, SOE’s, Succession
plan, Replacement plan.
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