To analyse the various strategies that are utilised by organisations to retain and attract skilled people

Managing Successful
Business Project

Table of Contents
Title..................................................................................................................................................1
INTRODUCTION...........................................................................................................................1
MAIN BODY...................................................................................................................................1
TASK 1............................................................................................................................................1
P1) Project aims and objectives .................................................................................................1
P2) A project management plan .................................................................................................3
P3) Produce breakdown structure and Gantt chart .....................................................................5
TASK 2............................................................................................................................................7
P4) Small-scale research to achieve project aim and objectives.................................................7
TASK 3............................................................................................................................................9
P5) Presentation of findings and data.........................................................................................9
P6) Communicate appropriate recommendation ......................................................................11
TASK 4..........................................................................................................................................12
P7) Reflect value for undertaking project ................................................................................12
CONCLUSION .............................................................................................................................12
REFERENCES..............................................................................................................................13
APPENDIXES...............................................................................................................................15
Log-book...................................................................................................................................15
Performance Review Template.................................................................................................17

Title
“ To analyse the various strategies that us utilised by organisation in order to retain and
attract skilled people.” A case study on ASDA.
INTRODUCTION
To manage organisation successfully, it is essential that several strategies and approaches
has been developed and executed for the productivity changes within the organisation with that
company ensures long term success and longer sustainability . As it is important for the business
to achieve both short term and long term goals and targets in order to obtain longer
sustainability, in which talent-management play crucial role in maintaining quality and success
of the company (Anlesinya, and Amponsah-Tawiah, 2020). Talent-management refers to the
procedure which has been include attracting and retaining skills employees, developing their
abilities along with constant motivation so that performance can be enhanced. This is also
defined as the strategic process of getting the right people in the organisation and help them to
grow their capabilities that are aligned with objectives of entity. This is an continues process in
which modification and advancement of function has been executed in business to obtain short
and long tearm objective in a proper manner. The below report is based on ASDA, it is a British
based supermarket chain with headquarter in Leeds, England. This is specialize in selling
grocery, general merchandise and financial services. This report includes project plan, execution
and reflection with the support of small-scale research.
MAIN BODY
TASK 1
P1) Project aims and objectives
Overview of research: This report is based on talent management which is essential
aspect to retain skilled employees and to attract the potential candidates so that standardised
goals and objectives can be achieved. With the perspective of ASDA, its mangers has worked
and develop an effective strategies so that talent management will be implemented effectively
within the organisation through which overall productivity of the company get enhanced. With
the help of this abilities and skills of employees get increased along with motivation level

through which they feel which they feel connected with organisation. Moreover, this facilitates
strategic hiring process (Muratbekova‐Touron, Kabalina, and Festing, 2018). ASDA is a
multinational retailer thus, it is essential for the business to crate various strategies that can help
it to retain top talent and in to improve employees experience so that productivity get enhanced
and business get more success.
Aim: “ To analyse different strategies used by organisation in order to attract and retain
skilled people.” A case study on ASDA
Objectives:
 To examine the basic knowledge of talent-management in a business.
 To determine the different strategies used by organisation to attract and retain skilled
workforce. To acknowledge significant impact of talent-management within organisation.
Research questions
 What is the basic concept of talent-management within business?
 What are the different strategies used by an organisation to retain and attract the skilled
workforce? What is the significant impact of talent-management within organisation?
Literature review:
What is the basic concept of talent-management within business?
As per the view point of Ashley Brooks, 2019. Talent-management is defined as the
strategic development of workforce within the organisation to help the business in reaching to
the goals and objectives. This has been done through hiring, developing and retaining talented
employees in a company. Talent management is all about hiring right people and focus on on-
boarding and training, review of performance and determining future opportunity for them. For
the effectiveness it requires long term talent reviews, development and success training process
in order to drive retention with the organisation (Crane, and Hartwell, 2019). It has been started
with the understanding what a business trying to achieved and how the employees are aligned
with them. In order to make it successfully company need a strategic thinking and its vision for
future makes this irreplaceable part of the organisation.
What are the different strategies used by an organisation to retain and attract the skilled
workforce?

As per the view point of Robert half, 2020. a successful employee retention requires a
strategic thinking and various set of strategies. In organisation, every employee are not same as
each has different desires and goals but all of them want appreciation and treated equally through
which they feel connected and valued. Recognition and rewards help in to make employee
motivated through which productivity get enhanced and they retain for the longer period of time.
For job satisfaction, a balance work life is necessary. which is most important factor in retaining
the employee organisation (Narayanan, Rajithakumar, and Menon, 2019). People stay when
they see career opportunities and path in their working, for this organisation has to provides
opportunities to grow their career.
What is the significant impact of talent-management within organisation?
According to view point of staff writer, 2018. having a effective talent-management in
organisation help in to attract the most important and skilled employee available. It provides
support in create employer brand that could attract potential talent and that contribute in the
business performance and results. Along with this, it has a significant impact over the motivation
level of employees that creates more reason to stay in company (Polonsky, and Waller, 2018).
With the implementation of this, employees performance and their abilities get increased,
employee engagement encouraged and retain top talent which contributes in higher customers
satisfaction, which is essential for long term sustainability and success.
P2) A project management plan
Project management plan is defined as the formal documentation which is used to
examine the procedure through which project is going to be completed. It outlines various
aspects which is needed to keep project on path such as goals, scope, budget and timeline etc.
this has been concerned with different targets and objectives which is need to be achieved in
specified period of time.
This plan is utilised for understanding of knowledge and information which are going to use in
execution and controlling of project. Project management plan contains some elements that have
been discussed below:
 Cost: this is refers to the monitory value which is spend by the company I order to
produce something. Here it is a certain amount which is needed by the researcher for
conducting a research in company in a proper manner. This is provided by the company
in order to gain desirable results.

Estimated budget
Particulars Amount £
Use of research tool £30000
Cost of legal compliance £20000
Miscellaneous £10000
Travelling £8000
£68000
Time: this is refers to the overall time used by researcher in order to complete this research in
proper way. So for this, managers have persuade 2 months of period for completing this research
which can produce a effective result.
Scope: This is describe as the objectives and requirements which is required to complete the
project. Here investigator develop effective set of strategies through which proper allocation and
utilisation is processed by effectiveness.
Quality: This is refers to the framework in which researcher has to confirm quality of each task
and action along with being completed on time (Tsai, 2021). It has been inspire proper
collection of data and information that provides positive and quality outcome appear in specified
time.
Communication: this is refers to the two way process which is used to transfer ideas,
suggestions and opinions. Through this information is handled between individuals while
ensuring clear understanding of message and every aspect. This is processed through ensuring
transparency and clarity so that suitable outcome can be attained.
Risk: this involves uncertainty and probability of happing bad in future that can impact
effectiveness and outcome of research in negative way. It is associated with undesirable
consequences that includes overall effectivenesses of research.
resources: this is defined as anything that is needed by the company to initiate a research with
proper facts and analysis (Martinsuo, and Hoverfält, 2018). Here researcher required various
types of resources of such as human resources, equipments, computer, printer etc. this is
provided by the company so that proper result can be obtain.