Analysis of Strategic Human Resource Procurement and Talent Management 5.0 at PT. Midi Utama Indonesia Tbk

Abstract

Rapid technological developments and digital transformation have had a significant impact on the industrial world, including the retail sector, as it enters the Industrial Revolution 5.0 era. This era demands companies to integrate advanced technology with a humane approach in running their operations. This study aims to identify and analyze effective talent management strategies to address the challenges and opportunities emerging in the Industrial Revolution 5.0 era in retail companies. The methodology used is a qualitative study with a case study approach in several leading retail companies. The results show that companies' success in managing talent in this era is greatly influenced by the implementation of digital competency development strategies, enhancing a culture of innovation, and implementing technology in human resource management processes. This strategy is expected to increase the competitiveness of retail companies in facing dynamic market changes and continuously evolving technology. This study concludes that adaptive and innovative talent management is the main key to welcoming the future of the retail industry in the Industrial Revolution 5.0 era.