Talent Shortage: Talent Development as a Tool to Thwart it Globally

Scarcity of global talent is a significant challenge faced by the multinational companies globally. Effective implementation of Global Talent Management (GTM) is suggested essential for talent shortage issues. Therefore the aim of this paper is to study on the review of talent development and to highlight the areas that are need to be study and under-explored. Even though, talent development as one of the major activities of GTM has prominent effect on talent shortage, but it still lacks on scholarly articles. The outcome of this review highlights on prospective gaps for future studies and adds to existing literature review. From this paper, can see that new topics on GTM for the recent three years are on self-initiated expatriates, embedded the multinational performance with cultural intelligence, and defining the talent in global market. This study adds to existing literature of talent development and expands the current trend of researches under taken in this area recently and provides significant target of GTM in multinational corporation organizational performance globally. This may add values to the future research too.