Talent Retention and Competitive Advantage in Manufacturing Firms in South-South, Nigeria

This study examined the correlation between talent retention and competitive advantage in manufacturing firms in South-South, Nigeria. Three hypotheses were formulated and tested using a convenience sampling method, with a total of 132 managers, supervisors, operational managers, heads of department of 57 manufacturing firms across the six states in South-South region of Nigeria participating. Out of the 132 distributed questionnaires, 120 were retrieved and analysed using the Pearson Moment Correlation Coefficient. The analysis revealed a positive and significant relationship between talent retention and the measures of competitive advantagein manufacturing firms in South-South, Nigeria. Based on these findings, the study concluded that talent retentionimproves competitive advantage.The study however recommended that manufacturing firms should; Implement comprehensive talent retention programs that focus on creating a positive work environment, providing career development opportunities, and offering competitive compensation packages.Focus on innovation and continuous improvement of product quality.Focus on improving operational efficiency and cost management practices.

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Publication Details

Journal
Zenodo (CERN European Organization for Nuclear Research)
Published
2024-08-29
DOI
https://doi.org/10.5281/zenodo.13459533
Primary Topic
Human Resource and Talent Management
Type
article
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article

Talent Retention and Competitive Advantage in Manufacturing Firms in South-South, Nigeria

Zenodo (CERN European Organization for Nuclear Research)
Human Resource and Talent Management
article

Talent Retention and Competitive Advantage in Manufacturing Firms in South-South, Nigeria

article en

Abstract

This study examined the correlation between talent retention and competitive advantage in manufacturing firms in South-South, Nigeria. Three hypotheses were formulated and tested using a convenience sampling method, with a total of 132 managers, supervisors, operational managers, heads of department of 57 manufacturing firms across the six states in South-South region of Nigeria participating. Out of the 132 distributed questionnaires, 120 were retrieved and analysed using the Pearson Moment Correlation Coefficient. The analysis revealed a positive and significant relationship between talent retention and the measures of competitive advantagein manufacturing firms in South-South, Nigeria. Based on these findings, the study concluded that talent retentionimproves competitive advantage.The study however recommended that manufacturing firms should; Implement comprehensive talent retention programs that focus on creating a positive work environment, providing career development opportunities, and offering competitive compensation packages.Focus on innovation and continuous improvement of product quality.Focus on improving operational efficiency and cost management practices.

Zenodo (CERN European Organization for Nuclear Research)
University of Port Harcourt (NG), Rivers State University (NG)
Industry, innovation and infrastructure
Openalex Percentile: Top 50%
Human Resource and Talent Management
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Talent Retention and Competitive Advantage in Manufacturing Firms in South-South, Nigeria · Zenodo (CERN European Organization for Nuclear Research) (2024) | TGRS Research Map | TGRS