Talent Strategies for Attracting and Retaining Employees
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Added on  2022/12/15
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This presentation explores the talent strategies used by top companies to attract and retain employees. It includes a case study on Aston Martin, analyzing their talent management practices and providing recommendations. The research tools used in the study are also evaluated.
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Introduction Research aim and Objective Data analysis Evaluation of research tools Justification of recommendations Conclusion References Table of Contents
Business firms aim to attract and retain skills employees as talented employees are a rare and valuableassets for the company.ThepresentPPTisbasedonBritishcar manufacturingcompanyAstonMartin.Thispresentation includes data analysis on the talent management along with justification of recommendations for attracting and retaining talent at Aston Martin. Research tools used in the study are also evaluated in presentation. Introduction
Research aim: Todetermineandunderstandeffecttalentmanagement strategies used by Aston Martin on employee retention and motivation. Research Objectives: To understand the concept and value of talent management in context of Aston Martin To analyse talent management practices used by Aston Martin to build and sustain talented workforce. Research aim and Objectives
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Q1)Doyou aware the concept ofTalent Management ? Frequency a) Yes22 b) No8 Data Analysis 22 8 a) Yes b) No 22 8 a) Yes b) No
Q2) Do you agree thattalent managementis necessary for the welfareofthe organisation? Frequen cy a) Yes23 b) No7 Continue 23 7 a) Yes b) No 23 7 a) Yes b) No
The research utilizes quantitativedata to reach accurate research outcomes. Merits:The main merits of usage of quantitative data is that it provides objective results. In addition to this quantitative data is easy to analyze. Demerits: The main demerits associated with usage of quantitative data is that it overlooks broad themes and relationshipsbetweenvariableinfavorofstatistical relations which reduces the accuracy of the study. Evaluation of research tools
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Therecommendationofdevelopingglobalemployee development programs is suitable for Aston Martin as it will help thecompany develop skilled workers and create attractive employer image which will attract skilled candidates on a global scale. The reason behind recommendation of building employer brand is that candidates require high brandimage in order toseek employment from a firm. Aston Martin will be able to attract talented employees by building positive employer image Justification of recommendation
Fromtheaboveresearchitisdeterminedthattelnet management is crucial to the growth and progress of the company. Talent management helps business organisations attract and retain talented employees . Talented employees lead the company towards perpetual success by seeking continuousimprovementinvariousbusinesspractices. Business organisations use various strategies to retain skilled workers for a long time period which involves constructing anti-discrimination policies, paid leave and maternity leave Conclusion
Ghaffari,H.,Rafiei,M.andSahranavard,S.,2018.Factors Affecting Talent Management with a Focus on Internal Reward: A CaseStudyofBarfabCompany.TheJournalofProductivity Management,12(1 (44)), pp.97-121. Gong, B., Ramkissoon, A., Greenwood, R.A. and Hoyte, D.S., 2018. The Generation for Change: Millennials, Their Career Orientation, and Role Innovation 1.Journal of managerial issues,30(1), pp.82-6. Graham,B.Z.andCascio,W.F.,2018.Theemployer-branding journey.ManagementResearch:JournaloftheIberoamerican Academy of Management. References
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