High-potential human resources under the new economic conditions: issues of management in the place marketing system

Tyumen State University Herald. Social, Economic, and Law Research


Release:

2023, Vol. 9. № 2 (34)

Title: 
High-potential human resources under the new economic conditions: issues of management in the place marketing system


For citation: Simonova, L. M. & Zyrianova, A. S. (2023). High-potential human resources under the new economic conditions: issues of management in the place marketing system. Tyumen State University Herald. Social, Economic, and Law Research, 9 (2), 157–177. https://doi.org/10.21684/2411-7897-2023-9-1-157-177

About the authors:

Lyudmila M. Simonova, Dr. Sci. (Econ.), Professor, Department of Management and Business, Financial and Economic Institute, University of Tyumen; ORCID: 0000-0003-4858-0940, lsim@utmn.ru

Anna S. Zyrianova, Postgraduate Student, Department of Management and Business, Institute of Finance and Economics, Tyumen state University, Tyumen, Russia; asz2805@gmail.com, https://orcid.org/0000-0002-7322-8423

Abstract:

The latest geopolitical events and the new economic reality have significantly altered the labour market and human resource management practices, highlighting “talent”, i. e. high-potential professionals, as a strategically important category. This work aims to form the concept of high-potential human resource management in the system of place marketing of the region (the Tyumen Region was taken as an example). In the “war for talents,” regions traditionally compete for youth and young families with children. Considering the two recent waves of relocation, migrants — former residents of the region who now live outside the region or country — should be considered as an important target group. The online survey, carried out for more than 100 ex-residents of the Tyumen Region, has revealed the prospects of their participation in the regional economy and built the basis of the brand platform of the Tyumen Region for this target audience. It is proposed to integrate such HR-marketing tools as EJM (Employee Journey Map), EX (Employee Experience), and ERM (Employee Relationship Management) into the management system for this segment.

References:

Veselko, А. (2020). “New collars”: how skills have become more important than academic experience. Theory and Practice. Retrieved Ma., 11, 2023 from https://theoryandpractice.ru/posts/19042-novye-vorotnichki-kak-navyki-stali-vazhnee-akademicheskogo-opyta [In Russian]

Vinogradova, Е. (2019). What is a personnel pit and how not to get into it. Vedomosti. Retrieved Mar. 11, 2023 from https://www.vedomosti.ru/partner/articles/2019/12/20/819016-kadrovaya-yama [In Russian]

Kanygin, P. (2018). We consider ourselves great, though our GDP is 3% of the world economy. Vesti obrazovaniya. Retrieved Mar. 11, 2023 from https://vogazeta.ru/articles/2018/2/15/economics/2035-schitaem_sebya_velikimi_a_ekonomiku_imeem_3_ot_mirovoy [In Russian]

McGregor, D. (2023). 4 most demanded skills in the labour market: what skills to master to be able to earn. Forbes. Retrieved Mar. 12, 2023 from https://www.forbes.ru/svoi-biznes/482448-4-samyh-vostrebovannyh-navyka-na-rynke-truda-kakie-umenia-razvit-ctoby-zarabotat/ [In Russian]

Pink, D. (2013). Drive: The Surprising Truth About What Motivates Us. Alpina Publisher. [In Russian]

Anholt, S. 2002. Nation-brands and the value of provenance. In N. Morgan, A. Pritchard, & R. Pride. (Eds.) Destination branding: creating the unique destination proposition. Elsevier Butterworth-Heinemann.

Barney, J. B. (1991). Firm resources and sustained competitive advantage. Journal of Management, 17 (1), 99–120. https://doi.org/10.1177/014920639101700108

Björkman, I., Ehrnrooth, M., Mäkelä, K., Smale, A. & Sumelius, J. (2013). Talent or not? Employee reactions to talent identification. Human Resource Management, 52 (2), 195–214. https://doi.org/10.1002/hrm.21525

Boudreau, J. W., Ramstad, P. M. & Dowling, P. J. (2003). Global talentship: toward a decision science connecting talent to global strategic success. Advances in Global Leadership, 3, 63–99. https://doi.org/10.1016/S1535-1203(02)03004-6

Brewster, C. (1999). SHRM: The Value of Different Paradigms. Management International Review, 39 (3), 45–64. https://doi.org/10.1007/978-3-322-90993-0_5

Cappelli, P. (2008). Talent on Demand: Managing Talent in an Age of Uncertainty. Harvard Business School Press.

Cascio, W. F. & Boudreau J. W. (2015). The search for global competence: From international HR to talent management. Journal of World Business, 51 (1), 103–114. http://doi.org/10.1016/j.jwb.2015.10.002

Casse, P. (1994). People are not resources. Journal of European Industrial Training, 18(5), 23–26. https://doi.org/10.1108/03090599410058962

Collings, D. G. & Mellahi K. (2009). Strategic talent management: a review and research agenda. Human Resource Management Review, 19 (4), 304–313. https://doi.org/10.1016/j.hrmr.2009.04.001

Czaller, L. (2017). Increasing social returns to human capital: evidence from Hungarian regions. Regional Studies, 51 (3), 467–477. https://doi.org/10.1080/00343404.2015.1112898

Dries, N. The psychology of talent management: a review and research agenda. Human Resource Management Review, 23 (4), 272–285. https://doi.org/10.1016/j.hrmr.2013.05.001

Gennaioli, N., Porta, R. L., de Silanes, F. L. & Shleifer, A. (2013). Human capital and regional development. The Quarterly Journal of Economics 128 (1), 105–164. https://doi.org/10.1093/qje/qjs050

Helfat, C. E., Finkelstein, S., Mitchell. W., Peteraf, M., Singh, H., Teece, D., & Winter, S. G.
(2009). Dynamic Capabilities: Understanding Strategic Change in Organizations. John Wiley & Sons.

Kontoghiorghes, C. (2016). Linking high performance organizational culture and talent management: satisfaction, motivation and organizational commitment as mediators. International Journal of Human Resource Management, 27 (16), 1833–1853. https://doi.org/10.1080/09585192.2015.1075572

RBC+. (2019). KPI for regions. RBC+, Investment compass, (2). Retrieved Mar. 12, 2023 from https://plus.rbc.ru/news/5df0a3df7a8aa9802f51725d [In Russian]

Malik, A. R. & Singh, P. (2014). “High potential” programs: Let’s hear it for “B” players. Human Resource Management Review, 24 (4), 330–346. http://doi.org/10.1016/j.hrmr.2014.06.001

Marler, J. H. & Boudreau, J. W. (2017). An evidence-based review of HR Analytics. The International Journal of Human Resource Management, 28 (1), 3–26. https://doi.org/10.1080/09585192.2016.1244699

McDonnell, A., Collings, D. G., Melahi, K. & Schuler, R. (2017). Talent management: a systematic review and future prospects. European Journal of International Management, 11 (1), 86–128. https://doi.org/10.1504/EJIM.2017.081253

Penrose, E. T. (1959). The Theory of the Growth of the Firm. Basil Blackwell.

Pere, P.-P. (2018). Talent beyond Capitals. Handbook. Future Place Leadership. Retrieved Jun. 22, 2023 from https://futureplaceleadership.com/wp-content/uploads/2018/03/Talent-Beyond-Capitals-handbook-by-Futu...

PMI. (2023). Pulse of Profession 2023: Power Skills, Redefining Project Success (14th Ed.). Retrieved Mar. 12, 2023 from https://www.pmi.org/learning/thought-leadership/pulse/power-skills-redefining-project-success# (дата обращения 12.03.2023)

Rein, I., Kotler, P. & Haider, D. (1993). Marketing Places: Attracting Investment, Industry, and Tourism to Cities, States, and Nations. The Free Press.

Rainisto, S. K. (2003). Success Factors of Place Marketing: A Study of Place Marketing Practices in Northern Europe and the United States [Doctoral dissertation, Helsinki University of Technology, Institute of Strategy and International Business].

Solow, R. (1957). Technical Change and the Aggregate Production Function. Review of Economics and Statistics, 394 (3), 312–320.

Sparrow, P. R. & Makram, H. (2015). What is the value of talent management? Building value-driven processes within a talent management architecture. Human Resource Management Review, 25 (3), 249–263. https://doi.org/10.1016/j.hrmr.2015.04.002

Swailes, S. (2013). The ethics of talent management. Business Ethics: A European Review, 22 (1), 32–46.

Temkin, B. D. (2010). Mapping the Customer Journey. Forrester Research Inc.

Vaiman, V., Scullion, H. & Collings, D. (2012). Talent management decision making. Management Decision, 50 (5), 925–941.