Advising the ‘persuadable cluster’ of Hungarian companies on talent management

Based on the Hungarian data of the Visegrad funded project titled „Integrated talent management-challenge and future for organisations in Visegrad countries” (Visegrad Fund / number 21220142), a pilot cluster analysis was conducted to find out the main characteristics of talent management. The recent appreciation of the human capital has contributed to the application of new management procedures in the HR practice. One of them is talent management whose aim is to find and recruit talented people as well as to develop and retain those talents who have already been employed. We have found that there is a close relationship between the economic situation of the Hungarian companies and their talent management. Our paper also aimed at providing practical advice to Hungarian companies, which are open for talent management