Managing a Successful Business Project: Impact of Culture Differences on Talent Management Approaches of Reality Properties

This report analyzes the impact of culture difference on talent management approaches of Reality Properties. It covers a detailed project management plan along with WBS and Gantt chart. It also provides recommendations to make and sustain a diverse environment at the workplace.

Managing a Successful
Business Project

Table of Contents
How do different cultures influence the talent management approaches taken by companies. A study on
reality properties..........................................................................................................................................3
Introduction.................................................................................................................................................3
TASK 1.......................................................................................................................................................3
P1) Project aims and objectives...............................................................................................................3
P2) Project Management Plan..................................................................................................................4
TASK 2.......................................................................................................................................................8
TASK 3.......................................................................................................................................................9
P5) Data Analysis using tools and techniques.........................................................................................9
P6) Recommendations...........................................................................................................................15
P7) Reflection........................................................................................................................................16
Conclusion.................................................................................................................................................17
References.................................................................................................................................................18
Project Log book.......................................................................................................................................19
Performance Review.................................................................................................................................22

Introduction
Globalization has been increased the interaction between different culture, people across
the world. Now, it is easy to work in a multinational company. In such companies, people of
different background work together. They work collaboratively for the success of business
organizations. Sometimes, culture differences create conflicts among workforce as they have
different opinions on a particular aspect. To address the cultural issues, it is imperative to modify
the talent management practices of the company (Lecat and et. al., 2019). For completion of
current report, there is focus on reality properties that is a well-known SME of UK. They deals in
corporate as well as residential properties. In addition to this, the company is knows for the best
property consultation to its clients. The main aim of the current report is to analyze the impact of
culture difference on talent management approaches of the organization. It will cover a detailed
project management plan along with WBS and Gantt chart. Further, necessary recommendations
has also been covered to make and sustain diversify environment at workplace.
TASK 1
P1) Project aims and objectives
Research Aim:
To identify how different cultures affect the approaches of talent management taken by
companies”. A study on reality properties.
Research Objectives:
 To acknowledge the concept of cultural difference at workplace.
 To identify how culture difference affect approaches of talent management of reality
properties.
 To formulate necessary talent management strategies so that the company can minimize
the cultural differences amongst employees.
Research Questions
 What is the concept of cultural difference at workplace?

 What is the impact of culture difference affect approaches of talent management of
reality properties?
 What are the necessary talent management strategies so that the company can minimize
the cultural differences amongst employees.
P2) Project Management Plan
It basically describes as document which is highly formal and involves important data
and necessary information in relation to the study. It also involves various factors that include
communication, cost, time, scope, quality and many other factors. The present study for the
project management plan is mentioned below:
Time: It basically involves the time period used in order to carry out activities for a
research worker for the objective to achieve objectives. In the given study the time required to
carry out the activity is 20 weeks (Shivhare, 2020).
Scope: In context to the project management plan, the present study has a broad scope
that also involves execution of the various strategies which basically helps in enhancing the
performance and productivity and for the purpose to retain talent. In addition to that it also
involves the company in order to gain a competitive advantage while discovering fresh talent at
workplace in an organization (Goulter and et. al., 2019).
Cost: It basically involves the aspect which are important and which helps the
investigator in order to carry out various activities and to set a specific budget in a specified
manner. Moreover the allocation of budget is done for the purpose to conduct the study is $7000
in order to carry out various activities.
Time: It basically involves research worker to carry out activities and to set a fixed time
for the purpose to carry out various research objectives. In order to carry out the present study,
the minimum time period of 20 weeks is required(Aidinlis and Quezada Tavárez, 2020).
Quality: It involves the effectiveness and reflection on the quality of the study that need
to be carry out by the investigator. In addition to that, the present study involves gathering data
from participants and credible sources that helps in providing data and information that results in
showing high quality of research (Cangemi and et. al.,2017).

Communication: Communication basically involves the process of exchange of
information and data from one person to another and involves the tools which is used by a
researcher in order to communicate data and information with the individuals who are associated
with the process of investigation. In addition to that it its also uses the form of non-verbal
communication for the purpose to communicate with the stakeholders(Cicala, 2020).
Resources: It involves all the resources which are needed for the purpose to carry out a
study that involves technological resources, manpower, financial resources and much more. In
addition to that it plays a very important role for the researcher in order to ensure resources
availability in a specific time period and also helps in completion of all the tasks involved in the
study without any kind of delays and interruptions.
Risk: It basically involves the various forms which are associated with the risk and which
have a major impact on the study which includes limited time, poor communication and lack of
need full resources and various.
P3) Produce a work break down structure and gantt chart to provide timeframes for completion
Work break down structure:

In order to complete a complicated multi step project, the work break down structure is
taken into consideration. It basically involves the various ways of dividing the entire project into
small parts for the purpose to complete the task in a efficient and effective manner. In addition to
that of the WBS aims to manage the large project by dividing & breaking down them into small
parts. In addition to that it involves continue working by the team members (Sebestyén and
Tóth, 2018).The WBS involves easy management and productivity of the whole project.
Moreover, it involves creation of the work breakdown structure which is significant and also
important for the purpose to enhance the communication among the stakeholders and
maintaining cordial relationships. It also involves division of activities into smaller chunks in
order to complete the project in a efficient manner. In context to the project management, it
involves the various tools which are highly crucial that involves schedule, scope, cost and much
more. The main objective is to create the WBS for the purpose to minimize the complexity and
issues involved in the project. In addition to that it also involves project manager who have the
skills and capabilities for the purpose to complete the project in appropriate and effective
manner.
Gantt chart:

In order to complete a complex project, it is considered to be one of the most effective
tool. The tool is used in order to reflect the display time and to show the various activities against
them. On the left side it involves the activities which are according to the timeframe. The Gantt
Chart is basically a graphical method that is used for the purpose to complete and represent the
activities in a given time frame other factors (Craig and Moretti, 2019). It further helps the team
in the planning process of work according to the deadlines and involvment of the resources. In
context to the Gantt Chart, it basically involves the end and beginning of the project that also
involves the dependencies and milestones. In addition to that this tool is used for the purpose to
manage and build a effective and efficient comprehensive project. Moreover, it involves the
tasks and their schedules according to the deadlines.
TASK 2
P4) Qualitative & quantitative methods of research
Qualitative research method: It basically involves the method wherein the information
or data is presented in a non numerical form or, in a theoretical way.
Quantitative research method: It basically involves the data gathered in the form of
numbers which are based on the figures and facts for the purpose to make the study more reliable
and effective in nature (Pandita and Ray, 2018).
Primary Method: It basically involves the first hand data or information in its original
form which is basically collected by the researcher for the purpose to have deep understanding
and knowledge regarding the topics. It also involves various methods through which the first

hand data is collected that also involves interview and surveys (France-Mensah and O’Brien,
2019).
Secondary Method: It basically involves the data or information which is generated
from the available websites, articles, journals and other sources. It also helps in gaining the
perspective of the various authors on a specific topic which helps in getting a effective end for
the conclusion.
In context to the present data, the primary data is gathered from the researcher that helps
in collection of quantitative data and also helps in better understanding of the topic. In addition
to that it helps in attaining aims and objectives of research in a specific time period.
Sampling: It is basically the process of selecting a small size from a total population for
the purpose to check out the quality and to collect data and necessary information. In context to
the present study, it involves the random sampling which is taken into consideration as per the
form of probability sampling. In context to Reality Properties, 20 employees have been chosen as
the participants as they provide effective data and information about the topic.
Questionnaire
Question 1) Do you have knowledge about the concept of culture difference at workplace?
A) Yes
B) No
Question 2) In your opinion, what strategies can Reality properties implement to deal with the
issue of culture differences within the company?
A) Share knowledge
B) Cross Culture
C) Clear and polite communication
Question 3) According to you, what are barriers faced by the HR managers of Reality property
while maintaining cultural diversity and inclusion at workplace?

A) Delay in decision-making
B) Conflicts among workforce
C) Lack of consent
Question 4) What do you think, talent management approaches get influence by the cultural
differences within the organization?
A) Yes
B) No
Question 5) In your opinion, does issues of cultural differences can be handled by implementing
necessary talent management approaches?
A) Yes
B) No
TASK 3
P5) Data analysis
Question 1) Do you have knowledge about the concept of culture Frequency

difference at workplace?
a) Yes 16
b) No 4
80%
20%
Chart Title
Yes No
Interpretation: From the above chart, it is analyzed that 16 respondents out of 20 are well-
familiar with the concept of culture difference at workplace whereas the rest 4 respondents are
not familiar with the respective concept. Therefore, the majority of respondents are familiar to
the concept of cultural difference at workplace.

Question 2) In your opinion, what strategies can Reality properties
implement to deal with the issue of culture differences within the company?
Frequency
A) Share knowledge 7
B) Cross culture training 8
C) Clear and polite communication 5
35%
40%
25%
Chart Title
A) Share knowledge B) Cross culture training
C) Clear and polite communication
Interpretation: It is analyzed out of the above diagram that several strategies are implemented
by the HR manager of reality properties. According to 7 respondents out of 20, share knowledge
is the most important strategy that is adopted by the respective company. Other 8 respondents are
agreed that cross culture training is the another significant strategy that is used by reality
properties to maintain cultural diversification at workplace. Rest 5 respondents are in favor of
clear and polite communication in order to maintain diversify environment within the
organization.

Question 3) According to you, what are barriers faced by the HR managers
of Reality property while maintaining cultural diversity and inclusion at
workplace?
Frequency
A) Delay in decision-making 10
B) Conflicts among workforce 6
C) Lack of consent 4
50%
30%
20%
Chart Title
A) Delay in decision-making B) Conflicts among workforce C) Lack of consent
Interpretation: The above graph is based on barriers of cultural diversity and inclusion.
According to the 10 respondents, delay in decision-making one of the major barriers of cultural
diversity and inclusion whereas conflicts are considered as the most significant barrier of
decision-making by 6 respondents. Rest, 4 respondents agree that lack of consent is the most
significant barrier of cultural diversity and inclusion within reality properties.

Question 4) What do you think, talent management approaches get influence
by the cultural differences within the organization?
Frequency
a) Yes 14
b) No 6
70%
30%
Chart Title
a) Yes b) No
Interpretation: From above diagram, it is found that cultural difference can easily affect the
approaches of talent management. After interviewing 20 respondents, it is found that 14
respondents agree that culture difference affect the practices of talent management within the
organization. On the other side, there are 6 respondents who are not agree with the fact that talent
management practices get affected by the cultural differences.

Question 5) In your opinion, does issues of cultural differences can be
handled by implementing necessary talent management approaches?
Frequency
a) Yes 15
b) No 5
75%
25%
Chart Title
A) Yes B) No
Interpretation: The above diagram demonstrates that 15 respondents out of 20 agree that
effective strategies of talent management can help in addressing the issues of cultural differences
at workplace whereas 5 respondents are not agree with this concept. Therefore, the majority of
respondents agree that effective application of talent management practices are helpful in dealing
with cultural issues within the organization.

P6) Recommendations
After analyzing the above-information, it is found that reality property is facing issues in
terms of managing cultural differences at workplace. To address such issues, they need to
implement necessary modifications in the talent management approaches of the company. In this
regard, the suitable modifications are given below:
 It is suggested that reality properties need to offer cultural training to the employees so
that they get knowledge regarding the values and rituals of different culture. Through
training, it is possible to enhance culture knowledge of the employees so that they will be
able to interact with each other efficiently.
 Informal meetings also need to arrange so that the employees get opportunity to exchange
thoughts, opinions with each other. Informal meetings are the best possible way to
enhance interaction among workforce. These meetings not only motivate the human
resources but also increase the coordination among them so that they can perform the
assigned task collaboratively. This will increase the organizational efficiency so that the
company can attain its goals & objectives efficiently.
 It is suggested that reality properties is required to motivate the employees through
monetary and non-monetary ways. In this context, they need to provide necessary
incentives to the employees including profit sharing, bonuses and more. Apart from the
monetary benefits, they also need to offer non-monetary benefits such as rewards,
recognition, acknowledgement and more. These motivation tools & techniques are
helpful in enhancing the morale of workforce so that they perform the assigned duties
appropriately.
 It is suggested that reality property needs to maintain a positive environment at
workplace where all the individuals can work collaboratively. It will facilitate
collaborative practices at workplace that will lead company towards success and growth.

P7) Reflection
While working on the current project, I learnt the significance of cultural differences. I
get to know that how important it is to maintain a diversify and inclusive culture at workplace.
As a result, now, I can contribute in cultural diversity within the organization. I am able to
develop significant strategies to address the cultural issues at workplace. Additionally, I also get
significant knowledge of talent management approaches during the project. It enhanced my
knowledge regarding different aspects of talent management practices such as recruitment,
motivation, training and more. This knowledge will help me in performing my roles &
responsibilities at workplace in an efficient manner. I interacted with several people during the
project which enhanced my communication skills. Now, I can easily interact with any person
without any hesitation. In addition, it also enhanced my knowledge regarding data analysis tools
and techniques that will help me in analyzing the data appropriately. Therefore, I developed vast
knowledge throughout the project which will make me enable to escalate in my future career
profoundly.

Conclusion
Out of above-discussion, it is analyzed that cultural differences has become a crucial part
of each and every company. It is evident through above-research that strategies of talent
management strategies can be apply in order to address cultural problems at workplace. The
organization can arrange training sessions, informal meetings in order to minimize the cultural
differences. The study is based on primary and secondary information where data has bee
analyzed using quantitative method.

References
Books and journals
Aidinlis, S. and Quezada Tavárez, K., 2020. DARLENE D9. 4: Data Management Plan-1st
version.
Cangemi and et. al.,2017. Gender related differences in treatment and response to statins in
primary and secondary cardiovascular prevention: the never-ending
debate. Pharmacological research, 117, pp.148-155.
Cicala, G., 2020. Using Microsoft Project 2019 to Optimize the Plan. In The Project Managers
Guide to Microsoft Project 2019 (pp. 265-306). Apress, Berkeley, CA.
Craig, S.G. and Moretti, M.M., 2019. Profiles of primary and secondary callous-unemotional
features in youth: The role of emotion regulation. Development and
psychopathology, 31(4), pp.1489-1500.
France-Mensah, J. and O’Brien, W.J., 2019. Developing a sustainable pavement management
plan: Tradeoffs in road condition, user costs, and greenhouse gas emissions. Journal of
Management in Engineering, 35(3), p.04019005.
Goulter, N., Kimonis, E.R., Denson, T.F. and Begg, D.P., 2019. Female primary and secondary
psychopathic variants show distinct endocrine and psychophysiological
profiles. Psychoneuroendocrinology, 104, pp.7-17.
Lecat and et. al., 2019. The what and why of primary and secondary school teachers’ informal
learning activities. International Journal of Educational Research, 96, pp.100-110.
Pandita, D. and Ray, S., 2018. Talent management and employee engagement–a meta-analysis
of their impact on talent retention. Industrial and Commercial Training.
Sebestyén, Z. and Tóth, T., 2018, December. Integrated Controlling Tool with Plan-fact
Analysis. In 2018 IEEE International Conference on Industrial Engineering and
Engineering Management (IEEM) (pp. 731-735). IEEE.

Shivhare, S., 2020. Conservation management Plan For Raisen Fort, Madhya Pradesh (Doctoral
dissertation, School of Planning and Architecture Bhopal).
Project Log book
Project Logbook for the chosen organisation:
Name of the learner: Name of the Supervisor:
Project Title: How different cultures influence the
talent management approaches taken by companies”.
A study on reality properties.
Date:

Update of weekly research/ tasks achieved (Account
for a minimum of six weeks with dates)
 What have you completed?
 Did you fulfil Task requirements?
 Are you on track and within deadlines set?
 Did you need to make any changes to your
project management plan?
Comments
The project has been completed on the title title of
impact culture difference influence on the
approaches of talent management approaches
taken by companies”. A study on reality
properties.
Yes, I fulfilled all the requirements related to tasks
and project.
Yes
No
Any risks and / or issues identified?
 Did you identify risks/issues with a lack of
skills required for undertaking research
tasks?
Data interpretation, lack of resources were the
major issues faced by me

 Did you identify any additional risks/issues
that have an impact on the project
management plan?
No
Problems encountered
 What barriers did you face?
 How did you overcome them?
Lack of communication & coordination among
team members
To address such issue, I undertake efficient
activities so that I can promote team work. In
addition, I ensure to maintain transparency by
sharing necessary data & information.
New Ideas and change of project direction Time period of additional 1 week is required to
complete the project.

What Have I learnt about myself this week?
 How did I feel when I had to deal with
tasks/problems?
 Did I find it useful to complete the tasks?
 How well have I performed? What did I
contribute?
 What can I improve on next week?
 How might this learning apply in the future?
I got anxiety and stress while dealing with the
problems.
Yes
I effectively perform throughout the project and
also significantly contributed in the success of
project through my knowledge and skills.
Team work skills can be improved by joining
necessary sessions.
Interpersonal and logical skills developed during
the project can be implemented to get success in
future.
Tasks planned for next week
 Which tasks are priority?
 Have you set aside sufficient time for
completion?
Collect reliable and authentic information is my
first and foremost priority.
Yes
Project plan status to date (on, ahead, behind)
Supervisor comments to address
Signature of the Supervisor and date:

Performance Review
What did you aim to achieve through your work?
Through the project, I wish to develop necessary skills including communication, research, decision-
making skills and more. By developing these skills, I can easily get success in future career.
Did your work succeed in achieving your aims? How do you know? Specifically, please
outline any evaluation and assessment undertaken.
Yes, the project aims were successfully achieved. Due to this, the cultural issues of company have
been declined at a minimum level. In addition, the HR managers of the company was able to
implement significant talent management approaches to deal with the cultural issues in an
appropriate way.
What aspects of your development process do you think worked well and why? Evaluate
all aspects of the project (e.g. initial research, concept development, development
process, presentation, etc.) from a range of perspectives.
During the project, ample of activities has been undertaken including initial research, concept
development, presentation and more. It is analyzed that all the aspects worked well. During the
project, detailed initial research has been done, concept was developed and the entire information
has been shown via presentation.
What problems emerged during the project and how were they tackled? Was there
timely identification of issues and resolution during the project process?

Several issues were faced by me during the project. In this context, lack of response, insufficient
resources, lack of communication were the major issues. I identified the issues in timely manner and
took suitable steps to resolve the issues throughout the process of project.
What did you learn from undertaking the project?
While working on the current project, I learnt the significance of cultural differences. I get to know
that how important it is to maintain a diversify and inclusive culture at workplace. As a result, now, I
can contribute in cultural diversity within the organization.
What are the strengths and weaknesses of your process that you have identified?
The primary information is directly drawn from the employees of the company which brings high
authenticity and reliability in project work. Further, the secondary information has also been
gathered from reliable sources.
How could your process improve for the future?
It is possible to improve the overall process by enhancing knowledge and skills on different aspects.
In addition, the authenticity of work can be improved by extracting data from suitable primary and
secondary sources.