Today's global economy has created a more complex and dynamic business environment in which most organizations must learn to compete effectively to achieve success and sustainable growth. Workforces around the world have become larger, increasingly diverse, more educated, and more mobile. There is considerable evidence that organizations worldwide face formidable talent challenges. The ability to attract, develop, and retain a needed supply of critical talent is a challenge facing all organizations. The study examines the effect of talent management on organizational success. It adopts human capital theory. In this article we review different academic work on talent management. The study highlights the restraining factors influencing the practice of talent management, global talent management and talent development process. In conclusion effective talent management is the key for organizations success and sustainable growth as it allows organizations to retain top talent while increasing productivity. It was recommended that to make sure employees with the right skills stick with the organizations for long enough. It is important that talent management system should be integrated across all aspects of human resource management.
This paper examines security challenges and the implications for business activities in Nigeria. The paper seeks to determine the implications of security problems on the business operation and investment in Nigeria. The study adopts the Democratic Peace Theory. Secondary data was mostly used in the study. The study identifies the root causes of insecurity in Nigeria which has hindered business activities and some Security challenges confronting Nigeria was also highlighted. Security challenges in any environment constitute threat to lives and properties, hindered business activities, and discourage local and foreign investors, which effect and retards socio-economic development of a country. The study recommends effective formulation and implementation of policies capable of tackling the root causes of insecurity in Nigeria, such as Ethno-religious conflict, weak security system, systemic and political corruption, unemployment, among others.
This study is an investigation on effective risk management with respect to organizations in Nigeria. The objective of the paper is to examine factors militating against effective risk management in organizations. The paper adopted content analysis of library materials, journal publications, internet materials and other documented materials relevant to the subject matter. It was concluded that effective risk management is a proactive approach towards mitigating the impact of threats, maximizing opportunities and optimizing the achievement of objectives. It was recommended that managers of organizations in Nigeria should imbibe and articulate good corporate risk attitude, strong risk culture and clearer risk appetite.
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