The HRM Challenge in Turbulent Times - Central European Perspective on Leadership Talent Management in MNCs

This innovative book presents an in-depth analysis of how leadership talent management (LTM), as a subfunction of human resources management (HRM), impacts organizational performance in multinational companies (MNCs). Lukasz Haromszeki offers a unique exploration through holistic and research-based frameworks of LTM in MNCs headquartered in Central Europe.The HRM Challenge in Turbulent Times reveals how key LTM features, such as leader development, performance appraisal, motivation, and competency shaping, are vital for navigating crisis challenges and driving long-term success. Haromszeki provides insight into how COVID-19 reshaped LTM practices and illustrates the role of centralization and knowledge transfer in enhancing LTM effectiveness. Employing Partial Least Squares Structural Equation Modeling to verify his hypotheses, he confirms the reliability of empirical models in both crisis and non-crisis contexts and the differences between them. Ultimately, this book highlights the need for effective leadership strategies to achieve organizational resilience and sustained performance during crises. This is an essential resource for scholars and students of human resources management, business leadership and talent management. Practitioners and managers will also benefit from the book's theoretical and practical insights.