Economics and Business
ISSN 2775-9237 (Online)
Published: 28 March 2023
An Empirical Survey of Individualized Consideration on Talent Management Practices: Lessons from Insurance Companies in Kenya
Joshua K. Magambo, Maina Muchara, Kelemba Joy
Pan Africa Christian University, Kenya
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Keywords: Individualized Consideration, Talent Management, Insurance Companies
This study aimed to determine how individualized consideration relates to talent management practices. Using a convergent mixed methods design, the study population consisted of 2832 senior, middle, and lower management staff, with a sample size of 384 selected using a stratified proportionate random approach. Data was collected using a structured questionnaire and document analysis from insurance companies and academic journals. Statistical Package for the Social Sciences version 24 was used to analyse collected data. Descriptive statistics included frequencies, percentages, means, and standard deviations, while inferential statistics included multiple statistics such as Chi-square for independence, while correlations and regression analysis were carried out to test the study hypotheses. The study findings were presented in tables and figures. Qualitative data was analysed through the use of thematic analysis and presented in prose form. The study found a significant positive relationship between individualized consideration and talent management practices. The study recommends that insurance company management in Kenya and beyond emphasize individualized consideration in their leadership style to improve talent acquisition, development, engagement, and retention.
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