Strategic Talent Acquisition and Retention Strategies: Building a Sustainable Competitive Advantage

Abstract

In a rapidly evolving global economy, organizations face an ongoing challenge: attracting and retaining top talent. The essence of sustained success lies not only in acquiring skilled individuals but also in nurturing an environment that cultivates their growth and commitment. This abstract explores the multifaceted realm of strategic talent acquisition and retention strategies, analyzing the pivotal role they play in organizational vitality and competitiveness. The contemporary business landscape is characterized by unprecedented dynamism, marked by technological advancements, demographic shifts, and evolving work paradigms. Amidst this backdrop, the significance of talent acquisition and retention strategies cannot be overstated. Organizations, regardless of size or industry, grapple with the imperative need to secure, engage, and retain high-performing employees. Effective talent acquisition transcends conventional hiring processes. It encompasses a holistic approach that aligns with the organization's overarching goals, culture, and future aspirations.