Types of New Initiatives and Innovative Ways of Working for Strategic Talent Management

HNBS 306
Managing a Successful Business
Project

Table of Contents
Title............................................................................................................................................3
Section 1: Introduction...............................................................................................................3
Section 2: Project Plan...............................................................................................................3
Project management plan.......................................................................................................3
Gantt chart..............................................................................................................................4
Work Break down structure...................................................................................................4
Section 3: Research....................................................................................................................5
Literature Review...................................................................................................................5
Research approaches..............................................................................................................8
Section 4: Finding and Recommendation..................................................................................9
Interpretation and data findings...........................................................................................11
Recommendation..................................................................................................................17
Section 5: Evaluation...............................................................................................................18
Section 6: Conclusion..............................................................................................................19
References................................................................................................................................20
Appendix..................................................................................................................................22
Gantt chart............................................................................................................................22
Work Break down Structure.................................................................................................23
Questionnaire.......................................................................................................................23
Project log book...................................................................................................................24

Title
“What are the types of new initiatives and innovative ways of working do companies put in
place to achieve a strategic approach to talent management?"
Section 1: Introduction
The need of talent management within an organisation is the very important and essential
approach after seeing the major impact of covid-19 on major industries. With the help of
effective talent management strategies and innovation, most of the companies can make a
positive impact and increase company’s productivity over the period of time. While working
on staff retention, training and morale is the major key function which are essential for the
growth and make effective talent management which make a differentiation in between one
and other organisation (Bryant and White, 2019). The chosen company for completing this
project is Tepperman, a retail industry company which are needed to be overworked and
manage the great value in the home appliance, since its corporation period of 1925, they are
operating six major operating store in London and Canada.
Aims: “To evaluate the new initiatives which are related to the style of working in an
organisation to achieve higher talent management approaches. A case study on Tepperman.”
Objective:
 To understand the role of talent management within an organisation.
 To determine the new and innovative strategy which are using by the chosen
organisation within their way of style and culture to enhance talent management.
 To analysis the challenges which are face by the company while using new strategies
to implement talent management.
Section 2: Project Plan
Project management plan
Project topic: “To evaluate the new initiatives which are related to the style of working in
an organisation to achieve higher talent management approaches. A case study on
Tepperman.”
Project aims: The main aim is to make effective growth and management to strong
identification and make technique for analysing the situation to retain the growth of people
management. While working on the effective strategies and solution which are highly
related to the growth of company. While, working in the different companies to work and

manage effective analysis and different ways and make some strategic approaches.
Deliverables This is the section, which are highly related to make developed and
innovative strategies to work and manage effective strategies. All of these are related to
sources and different opportunities over the period of time.
Communication: This is the method which are helpful for managing and understanding the
concept over the period of time. Whereas the company are able to make some major
effective strategies and analysis on the basis of growth (Bryson, 2017). It could be related
to make some major effective benefits and make strategies for talent management process.
Resources This is the process which are highly related to make quality and service and
make more effective children in basic advantage and new participants for the growth of
company. It has been related to make resources in management in different quality and
resources of the team work.
Quality: This is an important source which are highly related to different values and
quality of time which are helpful and necessary for the growth. It has been related to make
sure for major effective resourceful for make effective to make employee and make
eventual sources.
Time: the time frame which are needed to be work and manage to make effective
timeframe and different major changes and work as per the essential growth and
completion of the project. It has been analysis that it take nearly 1.5 months.
Risk: The major risk factor are basically related to company and their major risk which are
face by authorities which are essential to make effective growth and opportunities to make
management policies. It will be related to best approaches within different sources and
make major approaches within the risk factors.
Gantt chart
A Gantt chart is a management tool, assisting which make an effective tool for having
effective planning and scheduling for the growth of having all size (Champlin. and Lankerd,
2017). It has been related to make management timeline and task which are related to
effective different and simplifying complex project. All these are basically related to effective
scope and changes to maintain the success.
Work Break down structure
This is the method which are related to a method for completing a multi steps and
complex process. It include an effective way to divide the large projects and get things done

on time with faster and efficient manner. The main goal of WBS is to provide effective
project and manage the time slot for break down into different sector and team members. It
has been related to make communication plan, staffing plan and make a work break down
structure.
Section 3: Research
Literature Review
To understand the role of talent management within an organisation
As per the role of Brooks, (2021); after selection of the candidate it has been analysis
for the growth of the company to work and manage the activities as per the deciding source
and use right talent management within the company. The need of talent management within
the company is one of the integral part and its sources of the company. While working on the
profession and make effective competitive analysis, the HR professional of the company are
able to work and manage the sources as per the deciding high quality within the result. While
working on the current talent management strategy, it has been analysis that the company are
using effective source and management to work and make retention within the company
(Dupont and Eskerod, 2016). While working on these management possibilities, company
can use and adopt right strategy to overcome the challenges and make some effective growth.
The different need and growth of the company are able to work and make effective
growth in the effective management profile. Further every ineffective action and their
outcome are basically related to the growth and progress of the report and it will make a
future impact over the productive report of an employees. All are helpful in managing a
strategic role and rise its importance within the company (What Is Talent Management and
Why Is It So Important, 2021). As all of these are helpful in managing and growing the
demand to analysis their performance. While having appropriate stages and make systematic
growth within the company are able to analysis and make some effective growth over the
period of time. Which are helpful in managing and growing the need of demand to work and
manage the sources as per the changing and needy analysis within the company.

All of the above role and importance are able within the company to work and
manage the effective growth over the period of time. Further the changing approach in an
effective role within the company is to manage and make some stratified approaches for the
growth of company. While working and managing the growing and essential need of the
company to work and manage the activities as per the growing demand of talented and
recruiting staff for the company.
To determine the new and innovative strategy which are using by the chosen organisation
within their way of style and culture to enhance talent management
As per the record of Lavoie, (2021); there are different way to improve and make
some strategic changes over the period of time. While working and managing to enhance the
opportunities to enhance the growth and make some effective and innovative strategies to
work in Tepperman changes within the company. While working and managing to analysis