Talent management and the cultural influences on Human Resource Management Processes. A comparison on HRM practices between companies from Sweden and Romania

Abstract: The purpose of the present paper is to identify if there are any differences or similarities in talent management practices in companies from Sweden and Romania. Since previous researches argue that organizational and national cultures have an impact on talents, this viewpoint was taken into account in this paper throughout different theories. The research is based on a survey conducted on four international Swedish companies and four Romanian ones where data was collected through a self-completion questionnaire. It has been confirmed that companies from both countries are familiar with talent management on the three main processes of human resource management (recruitment, selection and retention), but some differences and similarities in their practices were found. Though, it seems that companies from Romania have not developed human resource management so far as have the Swedish firms. Furthermore, the national culture demonstrated once again that is influencing the organizational one, thus affecting the human resource management, and also talent management as part of it. However, the companies investigated have different approaches on this matter. A talent management mindset is also perceived as being more common in the Swedish companies than in the Romanian ones. Unfortunately, the sample size was not large enough in order to tag this situation as generally valid for these countries.