PROJECT PLANNING οAims:The aim is to develop strategy to manage talent in Ramada Hotel. οObjective:To evaluate how strategic of management of talent in hotel can increase services and productβs quality.
PROJECT MANAGEMENT PLANemployees of the hotel must be groomed well so that their skills and performance can increase to be efficient for the Hotel (Noeet al. 2017). οRisk:The related risk to the undertaken project of talent management are: ο±Different skills of employee requires different programs to enhance skills. ο±Risk of over budget for arrangement of activities. ο±Longer duration of activities ο±Risk in training of new skills to the available employees οMitigation of Risks:The risks can be mitigated by- ο±Sectioning of activities as per requirement. ο±Budgeting of all step of project at initiation stage ο±Development of plan and assigning activities to a particular time duration.
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DATA COLLECTION METHOD οThe data collection or information gathering related to the talent management of the Ramada Hotel can be of two type: ο±Qualitative method-In this method analysis of journals and articles are carried out.Interviews of the authorities of the hotel, observation of the employees. ο±Quantitative Method-Random data collection from the hotel and sampling them. Conduction of surveys in the hotel, observing a particular group of people mostly the talented employee of the hotel.
PROJECT EXECUTION οSecondary Research:The retention of talented staff is a huge requirement in hospitality industry ο±The employee turnover has enhanced the performance of organization. ο±It also involves facing issues like emotional aspects, stress, exhaustion and personal dimensions (Collings 2014). ο±Strategies will be analyzing the Hotel profit, Increasing customer Satisfaction and enhanced work efficiency and quality. οPrimary Research:The strategies of managing talent is based on the data available to consultancy about the Ramada hotel and its requirements. Conduction of interviews with the managers and the employees (McDonnellet al.2017). Online surveys on the services availed by the customers.
METHOD EVALUATION : VALIDITY & RELIABILITY οThe sources for primary research are real-time. Surveys are conducted on customers experienced their stay at the hotel recently (Gannonet al. 2015). There are also many researches on talent management in the hospitality industry only. οThe reliability of the taken sources to use the method are practical as data can be get from the online sources of hotel reviews and customer ratings of their stay at any hotel (Thunnissen, Boselie and Fruytier 2013).
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PROJECT FINDING οAnalysis of Data:The qualitative analysis of data shows that several famous journals and articles reflect the importance of talent management in the hospitality industry and mostly for Hotels (Vasquez 2014). The quantitative data can be obtained from the reviews about the hotel and its services such as their staffing has got the highest rating β 8.6β from all the other facilities. οConclusion of the data analysis:It can be clearly concluded that the research data shows that talented employees are the asset of any industry and management of them in more important with suitable strategies. οThe online ratings and reviews of the customer clearly reflects the existence of talented staffs of the hotel. This encourages the consultancy to implement strategies for retaining the talented staffs and enhancing their skills for better outcome.
RECOMMENDATION οIt can be recommended that the data got from the research of the importance of talent management must be utilized by the consultancy. οThe arrangement of programs for developing new skill of the talented staff. οIdentifying the unique talents from the existing staffs and introducing new people if required. οIt can be recommended to the HR team of the hotel to conduct appreciation program for delivering uniqueness in their work field.
AUTHENTICITY AND ACCURACY OF RESEARCH TOOLS οThe research tools used for conducting the research of effective talent management in the Ramadan Hotel is basic survey of the reviews and ratings of the customer for their stay in the hotel (Maderaet al. 2017). οTherefore, it appears that the reviews are authentic as only the authentic customers can only give the rating at the time of checking out from the hotel. οThis also validates that the data are accurate in their own perspectives.
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PERFORMANCE REVIEW οValue of undertaking research: ο±The project went as per the plan. ο±The outcomes were quite practical. ο±The local business can incorporate the outcomes of this project. ο±The time frame for each activity changed for the variable process of data collection ο±The objectives were achieved through the planned processes only. οOwn learning and performance: ο±Yes, it supports the sustainability performance. ο±Project management planning is most crucial. ο±It increased my behavior of punctuality. ο±Budgeting helped me to utilize money is efficient way. ο±It provides several learnings for future project. ο±
REFERENCE οCollings, D.G., 2014. Toward mature talent management: Beyond shareholder value.Human Resource Development Quarterly,25(3), pp.301-319. οDeery, M. and Jago, L., 2015. Revisiting talent management, work-life balance and retention strategies.International Journal of Contemporary Hospitality Management,27(3), pp.453-472. οGannon, J.M., Roper, A. and Doherty, L., 2015. Strategic human resource management: Insights from the international hotel industry.International Journal of Hospitality Management,47, pp.65-75. οKaliappen, N. and Chee, H.Y., 2018, October. Analysis of Investment Opportunities and Key Performance Indicators (KPI) in Malaysian Tourism and Hospitality. InGlobal Conference on Business, Hospitality, and Tourism Research (GLOSEARCH 2018). οMadera, J.M., Dawson, M., Guchait, P. and Belarmino, A.M., 2017. Strategic human resources management research in hospitality and tourism: A review of current literature and suggestions for the future.International Journal of Contemporary Hospitality Management,29(1), pp.48-67. οMcDonnell, A., Collings, D.G., Mellahi, K. and Schuler, R., 2017. Talent management: a systematic review and future prospects.European Journal of International Management,11(1), pp.86-128.
CONTDβ¦ οMinbaeva, D. and Collings, D.G., 2013. Seven myths of global talent management.The International Journal of Human Resource Management,24(9), pp.1762-1776. οNoe, R.A., Hollenbeck, J.R., Gerhart, B. and Wright, P.M., 2017.Human resource management: Gaining a competitive advantage. New York, NY: McGraw-Hill Education. οRaj, R. and Rashid, T., 2015. London 2012 Olympic Games: Challenges Faced by Islamic Olympians Fasting for Ramadan.Management Studies,3(5-6), pp.154-168. οTatli, A., Vassilopoulou, J. and Γzbilgin, M., 2013. An unrequited affinity between talent shortages and untapped female potential: The relevance of gender quotas for talent management in high growth potential economies of the Asia Pacific region.International Business Review,22(3), pp.539-553. οThunnissen, M., Boselie, P. and Fruytier, B., 2013. Talent management and the relevance of context: Towards a pluralistic approach.Human Resource Management Review,23(4), pp.326-336. οVasquez, D., 2014. Employee retention for economic stabilization: A qualitative phenomenological study in the hospitality sector.International Journal of Management, Economics and Social Sciences,3(1), pp.1-17.
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