Exploring the Relationship between Talent Management and Knowledge Creation Process in Amirkabir Petrochemical Company, Mahshahr

Abstract

Talent management (TM) has been defined as a system for identifying, employing, educating, enhancing, elevating, and retaining the talented people with the aim of optimizing the organizational capability to achieve business results. Given the definition of TM and staff life cycle as a model of integration and of major human resource development processes, it might be perceived that the issues relevant to it are applicable to the entire processes within the cycle. On the other hand, in the modern world where new topics and sciences are taking shape and the foundations for rivalry have changed direction from the rise in efficiency toward information access, knowledge and awareness, and their organizing and retrieving. In fact, knowledge management is a necessity of management procedure. As is clear from its name, knowledge management means managing the existing knowledge while creating and capturing the new knowledge. The important point is being familiar with the existing knowledge in the era of growing scientific development can by no means solve the problems. Thus, the executives have to promote knowledge production in their companies so as not to fall behind competing organizations. Hence, the present paper first gives a description of such topics as talent, data, and information management as well as knowledge management and creation. Then, it proceeds with investigating the relationship among these variables using LISREL structural and software equations model. The current study is a descriptive, correlational research conducted via surveying.