Talent Management & Staffing in Central and Eastern Europe — An Analysis of Bulgaria, Czech Republic, Hungary, Poland, Romania & Slovakia
Global Talent Management and Staffing in MNEs
ISBN: 978-1-78635-354-2, eISBN: 978-1-78635-353-5
Publication date: 3 September 2016
Abstract
Purpose
This chapter reports the current status of management practices in the Central and Eastern Europe (CEE) region as seen by international expatriates. Based on the results and expert insights, we aim at giving guidance to MNE leaders and strategy makers as well as operative HRM staff and other expatriate managers how to best exploit the value-added opportunities in the CEE region by adopting the region-specific talent management and staffing policies and practices.
Methodology/approach
This study is based on the views of 1108 managers on the local management in six CEE countries: Bulgaria, Czechia,1
In this chapter, the term Czechia is used to refer to the Czech Republic.
Findings
MNEs have been able to successfully capitalize on the economic integration and growth of the CEE region during the past 25 years. A new generation of competitive local managers is now growing into leadership positions, but MNEs need to find a more sophisticated way to retain those in the region in order to be able to exploit growth opportunities in future too.
Practical implications
Because the national cultural differences between the six analyzed CEE countries remain very characteristic and divergent, talent management and staffing strategies and policies of MNEs must be adopted and fine-tuned accordingly. Language and communication difficulties, knowledge of the standards management techniques are not a challenge anymore. Instead local management’s soft skills, leadership values and attitudes need to be developed now simultaneously with increasing wages, as the most talented local staff and management is readily relocating into higher-wage countries.
Originality/value
The originality and scholarly interest of this study lies in its cross-cultural, comparative approach. The originality and practical interest of this study is that it gives clear recommendations to MNE and expat managers. Furthermore the presented results have been tested during critical forum discussions with more than 60 CEE-experienced managers, expatriates, and the representatives several foreign chambers of trade and commerce held at the Central European University Business School in spring 2015.
Keywords
Citation
Buzady, Z. (2016), "Talent Management & Staffing in Central and Eastern Europe — An Analysis of Bulgaria, Czech Republic, Hungary, Poland, Romania & Slovakia", Global Talent Management and Staffing in MNEs (International Business and Management, Vol. 32), Emerald Group Publishing Limited, Leeds, pp. 189-226. https://doi.org/10.1108/S1876-066X20160000032008
Publisher
:Emerald Group Publishing Limited
Copyright © 2016 Emerald Group Publishing Limited