Affiliation:
1. Namibia University of Science and Technology, Namibia & SP Pune University, India
Abstract
Today, no country can claim that its business can be local or national due to the effects of globalization. The world of business has become international. In this new millennium, few economies can afford to ignore global business opportunities. The globalizing wind has broadened the mindsets of executives, extended the geographical reach of firms, and nudged international business into some new trajectories. One such new trajectory is global talent management, which has a tremendous impact on the subject matter of diversity and inclusion. Effective talent management is essential for a competitive edge and survival. Moreover, a volatile economic context makes talent management more crucial to organizational success. Similarly attracting, developing, and retaining talent particularly managerial, professional, and technical sustainably is a herculean task indeed. Hence, this chapter, through grounded research and in-depth literature review, intends to discuss how and why diversity and inclusion have become an imperative in global talent management.