Summary

The term talent management can be defined in various ways, but in general refers to a business’ processes to recruit, develop, and retain employees whose roles have the greatest potential to contribute to a firm’s competitive advantage. SMEs face certain constraints given their size and fragility and therefore need different approaches to find and retain a high-functioning workforce. This report summarizes the existing literature on talent management within SMEs, with a focus on developing economies where possible, and points to specific research gaps that should be prioritized moving forward.

This report is also available in Spanish, Portuguese, and French.

Click here to watch a recording of the webinar “What You Should Know About: Talent Management in SGBs”, in which expert researchers and practitioners share their perspectives on the topic.

This report is part of a series. Read our other reports summarizing the evidence on  job quality and cultivating entrepreneurial ecosystems.