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Sustainability's Symphony: Orchestrating Talent Management for Creating Financial Impact

Sustainability's Symphony: Orchestrating Talent Management for Creating Financial Impact
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Author(s): Mitushi Singh (Jaypee Institute of Information Technology, India)and Mukul Bhatnagar (Chandigarh University, India)
Copyright: 2024
Pages: 32
Source title: Sustainable Investments in Green Finance
Source Author(s)/Editor(s): Sanjay Taneja (Graphic Era University (Deemed), India), Pawan Kumar (Chandigarh University, India), Simon Grima (Department of Insurance, Faculty of Economics Management and Accountancy, University of Malta, Msida, Malta & Faculty of Business, Management and Economics, University of Latvia, Riga, Latvia), Ercan Ozen (Usak University, Turkey)and Kiran Sood (Chitkara Business School, Chitkara University, India & Research Fellow at the Women Researchers Council (WRC) at Azerbaijan State University of Economics (UNEC), Azerbaijan)
DOI: 10.4018/979-8-3693-1388-6.ch002

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Abstract

To investigate the connection between sustainable talent management practices and their financial effect on firms, the researchers used a regression analysis. The results highlight the importance of investing in people, highlighting the link between good personnel management practices and financial benefit. In addition, the research reveals a strong link between sustainable practices and excellent financial consequences for businesses. The study's interacting effect is particularly noteworthy, as it suggests that focusing on people management and sustainability at the same time has a multiplier effect on financial impact. In conclusion, this chapter delivers a symphony of factual data showing that companies may amplify their financial performance by harmonizing talent management with sustainability strategies.

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