Abstract:
The talent management is a new phenomenon of foregoing human resource management to
achieve organizational performance. Human resource professionals have accepted that only
talent is the valuable and longer resource to face the competition in business world. Talent
management strategies mainly consist of identifying talent strategies, developing talent
strategies and retaining talent strategies. Even though many researchers have proved that,
talent management strategies make positive impact on organizational performance, some
other authors and practitioners argued contrast to this phenomenon. Hence, the purpose of
this paper is to review the literature in order to identify, how talent management strategies
impact on organizational performance in private sector organizations in Sri Lanka. The
literature review proved that business strategies play key role to achieve organizational
performance in line with talent management strategies. Such understanding is relevant for
researchers and practitioners to furthering the work in this field
