Redesigning Organizations’ Sustainability: Force of Talent Management and Employee Wellbeing Interplay

In today’s economy, in order to ensure sustainable development and, in particular, to maintain their competitive advantage, organizations must ensure that they have highly trained human capital, with an innovative spirit, eager to continuously improve their skills and qualifications. This natural desire of organizations has led to a gap, which tends to permanently widen, between the demand and supply of human capital that possesses the necessary qualifications for companies. In addition, given the organization’s digital transformation, the pool of employees who are able to respond to new challenges is in a continuous shortage. It is also worth mentioning that the globalization of the economy and labour migration tends to cause a huge human capital gap in developing and underdeveloped countries.