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Talent Management Strategy- Doc

   

Added on  2019-12-18

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Human Resource Table of ContentsIntroduction..........................................................................................................................................................................3TASK 1.................................................................................................................................................................................31.1 Identification of the firm's current talent management strategy...............................................................................31.2 Identification of the relevant regulatory factors and its impact on HRM practices..................................................41.3 Identifying environmental factors which may impact on HRM practices. ............................................................51.4 Identification and analysis of a core position within the business organisation......................................................6Conclusion .........................................................................................................................................................................10References..........................................................................................................................................................................10

IntroductionHuman resource is manpower planning where human resource department of an organisation sated variousactivities which are related to the workforce. HR manager will Handel all these activities which are perform inworkforce management. Main function of HR manager is , staffing where it is process of hiring or positioning in anorganisation. Human resource manager determine existing need of employment and recruit and train the bestemployees. In an organisation HR manager ensure that human resource practices adjust to various regulations. In thisreport Tesco ha been chosen for this study. Tesco is a Retail outlets company in UK, Tesco offer various type ofconsumer goods products in wide range. Along with Tesco had target large number of target market and generate highrevenue. In this report review and discuss on human resource practices at Tesco is done. The organisation has introducevarious HR applications and workforce management activities. ( Jackson, Schuler and Werner, , 2011.)TASK 11.1 Identification of the firm's current talent management strategy.Talent management strategy are like to management practices of human resource where HR manager ensure todevelop their policies , hire new employees and motivate existing employees . These are the various practices which arethe part of talent management . There are various tools which are used in maintain talent management in workforceenvironment. Recruitment: In Tesco HR manager mainly focus on recruitment application where they hire more and more newemployees for their concerning organisation to generating high productivity and profitability. According to talentmanagement strategy manager ensure hire skilled people who an help to managed new technology advancement. (Snell, Morris and Bohlander, 2015.)Selection: It is a process which is comes after recruitment program. In this process manager check their candidatesability and knowledge criteria. In that process manager conduct various tests where applicant able to perform andattempt all these abilities test. After this process one who best candidate which have high knowledge ability and greatknowledge who can be selected in this process.Performance management: Said organisation focus on performance management schemes where they ensureemployees performance valuation to standards performance. Which means in this process performance can be measureby the various tools and techniques such as , grading, ranking, comparison and task based . All these tool and practiceswere to evaluate performance criteria of individual in an organisation. ( Hendry, 2012.)

Reward: In their said organisation reward practices help to provide motivation in their existing organisation . Rewardsystem are helpful to increasing working efficiency and performance level towards their organisational goals. With thehelp of reward management system company can maintain their talent and retain valuable employees. Training and development: It is a process to provide efficient knowledge and information about their concerningorganisation. In this process manager conduct training program to provide management training to their new employeesand along with they conduct development program to create some new innovation and creativity in their existingproducts and services which would be help to create a competitive advantage. Training and development program helpto increasing their individual knowledge. Developments help them to produce new product range to create competencyin marketplace. Equality and diversity: In an any organisation HR manger ensure to provide equally opportunities to each one ofemployees. Having a diverse workforce means that the organisation can offer a wide range of ideas, skills, resourcesand knowledge. Diversity provide differentiation in knowledge and creativity which can be adopt by the saidorganisation and generate maximum outputs. ( Boxall, and Purcell, 2011.)1.2 Identification of the relevant regulatory factors and its impact on HRM practices.In said organisation various rules and regulation is sated . In an organisation hr policies and legislation is put inplace to protect people from discriminations. Tesco has develop various laws and acts to overcome such type ofproblems. With the help of some legal aspect employee get feel comfortable and protected in concerning organisation.These laws and legislation build for the creating effective workforce environment. There some acts which will begovern by the said company. Equality act: In this act company provide equal framework in workplace. Which means in an organisation inequalityhas create a render impact on the whole organisation process. Enterprise has to be create differentiation in opposite sexin the same employment. If in an organisation have not received better remuneration from their employer so they haveclaim to top management. On the other hand this act help to provide effective workforce environment and healthy organisationalenvironment. With the help of equality act in said company every one has to given equally opportunity and equalpayable. ( Armstrong and Taylor, 2014.)Diversity act: Diversity means in an organisation there are so many different types of people who has belong from thedifferent cultures. Which means in an organisation culture diversity has create a render impact. Whereas, some of theemployees and mangers were create a culture differentiation. So in that situation people were feel isolate in anorganisation. On the basis of this problem government make regulation for there no culture diversity and treat them assame to other one's. In this point Tesco HR manager focus on no culture diversity where management does not createany kind of favouritism or diversity in tow different cultures. With the help of equality and no diversity organisationsated more effective and create a healthy workforce environment. On the other hand with help of their act organisation has develop their workforce environment and buildhealthier relationship with different cultural people who will respect their individual values and beliefs. ( Bratton andGold, 2012.)1.3 Identifying environmental factors which may impact on HRM practices. A successful human resource is sated for the established specific goals and objectives. In an organisation there

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