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Talent Management: A Case Study on Sainsbury's

   

Added on  2022-12-30

23 Pages5933 Words83 Views
Leadership ManagementProfessional DevelopmentData Science and Big DataHigher Education
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Talent Management
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Table of Contents
INTRODUCTION ..........................................................................................................................3
TASK 1............................................................................................................................................3
P1 Project aims and objectives for a chosen scenario.................................................................3
P2 Project Management Plan that includes the cost, scope, time, etc.........................................4
P3 Gantt chart and Work breakdown structure...........................................................................6
TASK 2............................................................................................................................................9
P4 Small scale research with the help of qualitative and quantitative methods..........................9
P5 Research and data with using appropriate tools and techniques.
...................................................................................................................................................11
P6 Recommendations found from the result.............................................................................17
TASK 4..........................................................................................................................................17
P7 Reflect on the value of undertaking the research to meet stated objectives and own learning
and performance .......................................................................................................................17
CONCLUSION .............................................................................................................................17
REFRENCES ................................................................................................................................19
Books and Journals:..................................................................................................................19
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INTRODUCTION
Talent management describes as a continuous process similarly like management of
people, resources, operations into the organisation. Similarly, talent management is focus on
managing employee’s talent through enhancing their skills for organisation benefit as well as
employees own development. Employees are the only individual who has their contribution and
are liable for transnational growth for which HR manager must being attentive towards their
development by giving them training and development opportunities (Awit and Marticio, 2020).
This report is going to evaluate about managerial talent into Sainsbury’s organisation which
deals in grocery, and household through its large chain of supermarket in UK. The report will be
shown how their employees make the best efforts towards organisation objective by setting cost,
price pan. Also, various tools and technique going to be used to research about set data and
recommendations will be provided in order to person learning and enhancing talent of
employees.
MAIN BODY
TASK 1
P1 Project aims and objectives for a chosen scenario.
Overview of the Research: This research has its aspect and criteria to analyse
significance of talent management into an organisational context. Which reflects an organisation
must retain employee presence for longer period of time into an organisation. The more existing
employee will retain, the more efficient the organisation will be. This research is based on
Sainsbury's, they must go through with employee’s capabilities and engagement into business
operations which enable their consistency for longer period. they must retain highly qualified and
dedicated employees and provide them required training which would enhance their experience
and creates opportunities for their growth. These employees will be the future of organisation
and creates a value towards society. In order to make employee retention setting up their talent
into higher level, company formulate various strategies and which helps them to make the
criteria successful and organisational talent would be enhance.
Aim: The aim of the research is “To analyse the impact of talent management on employees in
order to utilise them for the enhancement of productivity and profitability of a company.” a case
study on Sainsbury's.
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Objectives: The objectives of the research are as follows:
To make employee dedicated and aware about organisational goal
To make employee keen to learn new ways and criteria of performing several tasks
through in resemblance with their training and experience.
To make the employees influenced about talented personalities which creates innovative
idea towards organisational goals.
Tools and techniques would be used to make effective growth of employee learning.
Research Questions:
What are the criteria of the organisation for analysing the talent of their employees?
What is the role of talent management in retaining efficient employees?
What strategies could be assist for managing talent into the Sainsbury's?
How effective tools and techniques can be used in Sainsbury's in order to enhance the
skills of the employees?
Literature Review
There are various criteria which can be sued in order to appraise the performance of the
employees of the company. The criteria involve quality of work, consistent improvement,
creativity and innovation, ability to take ownership and so on. This research report considers the
creativity and innovation with efficiency and effectiveness in the performance as their criteria for
judging the performance of employees. The management of talent efficiently helps in retaining
and satisfying the employees at workplace. It also motivates the employees for ensuring effective
performance in their working environment. Sainsbury's is adopting the continuous training and
development as a strategy in order to manage talent in their company. Training and development
will enhance the skills of the workers and they will work towards the enhancement of growth
prospects of the company. Also, the company rewards the employees who perform highly
qualitative and consider the introduction of creativity as their aim in the company. Sainsbury's
main aim is to use effective tools and techniques in order to retain effective employees and
enhance their skills in the working environment. The company considers some tools which job
rotation, coaching, mentoring and training. These methods ensure the overall personal
development of employees in the competitive working environment. Due to these tools the
employees will be able to solve complex problems with innovative solution.
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P2 Project Management Plan that includes the cost, scope, time, etc.
Project management plan is a broad acknowledgement of data research into primary and
secondary aspect. It is essential to plan projects and control over its management so that
organisation would easily face the consequences and uncertainties into future. management
refers to formulate plans, organise resources and make their use under full control of top
authorities. It is main duty of top management and department managers to prepare with saviour
plan through which the company could not suffer any kind of crises and losses into marketplace
through competitor or legal abolishment. These factors play vital role in formulating and
implementing desired targets into practical manner. In order to form effective plan, an
organisation must go through with essential factors which has its significance into plan and
operations (Cob and Abidin, 2020). These factors are mentioned below:
Time: Time means everything, in an organisation this factors has its immense
significance due to increasing competition and large market area. In order to take the lead into
the market, Sainsbury’s has to come up with primary research of data through which it analyse
how far their products are reaching to customers and how many persons are eager to buy their
products. This research come to its results after 10 weeks of its execution. After that, appropriate
solution would be established. Time management is performed effectively in this research in
order to ensure its success and establishment of growth prospects.
Cost: It is also an essential factor to focus on, which shows project cost and expenditure.
Every project is entitled with some amount of expenditure in order to make appropriate research
on that. Research cost involves arrangement of resources and tools to make primary and
secondary analysis Primary research would be more expensive than secondary research.
Sainsbry’s make their expenditure on primary research which cost them approx. £72, this could
lower the profit ratio of the organisation (Deeba, 2020). The cost incurred with this project is
minimum due to usage of effective data collection methods. Also, the researcher has adopted
quality research approach in order to enhance their scope for result.
Quality: It is another most effective factor for organisation. Before getting done with
research, researcher must ensure the quality of data they are collecting so that is must be accurate
and reliable as per the targeted plan. Quality is important for organisation image and relevancy
into its operations. Sainsbury's uses qualitative resources and hire professional researcher so that
they would complete the research in the way the organisation wants. This component promotes
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the data by being analysed by various competitor’s aspects so that Sainsbury's would produce
more quality product compare to their rivals.
Scope: It defines the area of implementing the data which has been resulted through
primary and secondary research. It shows reliability of the data to different areas of context. It
derives organisation planning and objectives in completing the project. Sainsbury’s uses its
appropriate research data which could be used in all the organisation as like management which
is applicable on every field and every sector. This would enhance the profitability and
productivity of the organisation as it derives standards and applicability towards every field. In
order to retain talented employees into organisation. Sainsbury's must evaluate its cope towards
making projects with mutual concern of organisation workforce (Cob and Abidin, 2020).
Communication: It served as a key to success into an organisation which defines the
importance of communication in between all the department and all the levels of management so
that employee would feel free to ask any queries and perform with effective manner. Sainsbury' s
always promotes dignity and authority for each employee which enables effective decision
making and analysing what objective need to be achieve in what ways. Sainsbury's want to
increase them innovate discounts and offers to attract more customer, this must be effectively
communicating to employees so that they must get aware about organisation wants and policies
(Falola, Ogueyungbo and Ojebola, 2020).
Risk: Every organisation is involved with risks and uncertainties. No business is running
without affected by risk elements. In order to survive and face challenges in marketplace
organisation must deal with internal and external risks. The main aspect is how Sainsbury's
would overcome the risk so that the organisation could attain competitive advantages.
Sainsbury's has its large operations which make them face more risks due to its high competitors
and other factors (Kaushik, 2020).
Resources: It is most required field in order to complete the project with full accuracy.
More of effective resources will lead to more efficient project management and its evaluation.
Sainsbury's involve most significant resources into their plans which consider employee
engagement, funds, Tools and equipment. The most required and wanted resource for project
management are the employees of the organisation who put their efforts in understanding the
objectives which would be drive by planned projects and utilise their most productive ides so
that plan must convert into practical success of the organisation(Deeba, 2020).
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