International Journal of Business and Social Research (IJBSR) 26 Talent Management as a Source of Competitive Advantages: A Review Abu Sadat Muhammad Ashif 1 ABSTRACT Talent management has been considered as an alternative platform to attain competitive advantages by many all over the world. Along with its unique and inspirational perspectives, talent management encompasses every core issue of human resource management including recruiting, selection, recognition and development. Business undertaking an effective talent management approach is benefited by being able to attract finest talent, making them feel attached to the organization and keeping them as loyal. Therefore, organizations today are focusing individual and organizational capabilities to build up high potential pool of talent as well as nursing and leading them to continue the long run success of the organization. This review would help the scholars to comprehend the idea of the talent within the framework of company’s strategic capabilities. Keywords: Talent Management, Talent Management Strategy, Competitive Advantages. This is an open access article under Creative Commons Attribution 4.0 License, 2018. 1. Introduction Talent management has become a critical issue for many organizations all over the world (Bhatnagar 2007). The developments of talent management and a matter of interest for talent strategy has gained attention in the literature in many countries including USA, UK, Japan,India, Australia, China, and through Asia (Yeung 2006; Chugh and Bhatnagar 2006, Dunn 2006;Ruppe 2006; Lewis and Heckman2006; Bennett and Bell 2004). It was primarily intended with a view to progress the recruitment practice and developing human resource to satisfy the need of organization in terms of required skills and ability (Bhatnagar 2007). Career development, career planning, leadership development, recruitment, selection, recognition and reward are different dimensions of talent management (Scheweyer2004, Romans and Lardner 2006). However, there is no common platform to define talent management as different authors explain it with their own assumptions (Lewis and Heckman2006). Broadly, talent management is a process of managing the stream of talent strategically within an organization to ensure the right talent at the exacttime with the correct jobs (Duttagupta 2005). Schweyer (2004) put talent management as talent optimization covering all the process of human resource management, technical know-hows and administration. On the other hand, talent management 1 Assistant Professor, Department of Business Administration, East West University. E-Mail: asmashif@gmail.com, ashif@ewubd.edu International Journal of Business and Social Research Volume 09, Issue 04, 2019: 26-32 Article Received: 15-10-2019 Accepted: 05-11-2019 Available Online: 13-11-2019 ISSN 2164-2540 (Print), ISSN 2164-2559 (Online) DOI: http://dx.doi.org/10.18533/ijbsr.v9i4.1264