Managing a Successful Business Project Considering a strategic approach to talent management

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Managing a Successful
Business Project

Table of Contents
Title..................................................................................................................................................1
INTRODUCTION...........................................................................................................................1
MAIN BODY...................................................................................................................................1
TASK 1............................................................................................................................................1
P1) Project aims and objectives..................................................................................................1
P2) Project management Plan ....................................................................................................3
P3) Produce work breakdown structure and Gantt chart............................................................5
TASK 2............................................................................................................................................7
P4) Small-scale research to meet project aim and objectives.....................................................7
TASK 3............................................................................................................................................9
P5) Present findings and data......................................................................................................9
P6) Communicate appropriate recommendation.......................................................................15
TASK 4..........................................................................................................................................16
P7) Reflect value of undertaking project..................................................................................16
CONCLUSION .............................................................................................................................16
REFRENCES.................................................................................................................................17
APPENDICES 2............................................................................................................................19
Performance Review Template.................................................................................................22

Title
“To analyse the different strategies that is used by the business as in order to attract
and retain more of its employee's. A case study on Sainbury.
INTRODUCTION
Talent management is that kind of process which helps in improving clients quality and
makes diversity to be included within an organization. In talent management organizations seek
towards selecting new talent for the purpose of making various task and objectives to be
achieved in appropriate manner. As per this talent management plays very important role that
makes productivity to be induced over retaining and attracting employee with better skills and
more talent. It is a continuous process which makes quality workers in order to retain with
development of skills and knowledge. Also it contributes over motivation with encouragement of
employees through sustaining level by improvising working performance that makes
productivity of business to be achieved. In this report Sainsbury has been taken that is an leading
retailers in UK and has its headquarters in London. This organization was establish in the year
1869. In this file objectives and aims has to be covered. Also research upon small scale
organization with reflection to be gained from project conducting.
MAIN BODY
TASK 1
P1) Project aims and objectives
Overview of the Research: This is based on talent management which is required for an
business in order to make sure that goals and objectives is achieved. In relation of Sainsbury
talent management makes more emphasis over talent through skills to gain long term period.
Sainsbury is an multinational retailer that is associated over companies. That is why it is
essential for it to be developed through different strategies to retain employees by increasing
productivity. So research is done over strategies for increasing employees and helping them in
getting retained (Herbert, 2018).
Aim: “ For analysing of various strategies which is used in business in order to make
attraction and retain more employee's.” A case study on Sainsbury.
Objectives:
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1. To Defining better understanding over talent management in an organization.2. To examine importance of talent-management and attract through potential employee's.3. To interpret principals that is induced by business for performing over talent
management.4. To making analysis of principals that is induced by business to perform talent
management.
Research questions:
1. Understanding over talent management in an organization.
2. What importance of talent management in an organization.
3. Explaining principals to be induced by business to perform talent management.
4. What is significance of talent management in business.
Literature Review
Explain the better understanding of talent management within an organisation.
As to the viewpoint of(Herbert, 2018) talent-management is basically a practice that
usually involved on the basis of specific trends that is more likely to working over aspects. This
usually involve identification of talent gap and then filling the gap wit right talent is done in
order to gain higher growth and development is measured in expertise manner. In this planning,
attracting, selecting, developing and retaining of employees is processed in productive manner.
What are the importance of talent-management in order to retain and attract potential employee's.
According to(Belz and et. al., 2019) the point of view of talent-management is not just
same as human resource under which balanced level of commitment in terms of development,
manage, hire and retention of highly skilled and talented employee's is processed . It also focuses
upon motivating workers to stay by which better level of encouragement increases with
perfection. It also enhances the performance of employee along with continuous coverage of
independent roles and responsibilities that assist to run the business smoothly with better
flexibility in the various process of an organization.
Explain principles that is induce by business in order to perform talent-management.
As per the viewpoint of(Goggin and et. al., 2019) talent management that is beneficial
towards practices performed by businesses for maintaining better level of constancy through
culture and strategies. In this various of challenges is to be faced for building of sustainability
and attaining right talent. In relation to this manager has worked upon talent management by
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making rewards generated with compensation which appreciates employees. In order to makes
talent management possible various principles and strategies has to be used by management of an
organization.
P2) Project management Plan
It is that kind of written document that provides all important information which covers
different aspects of research project required by manager to perform research with more
efficiency. To make talent management possible various aspects is to be covered within
management plan and they are as follows:
Cost: this aspect represent the estimated monetary funds required for conducting and
meeting various expanses of researcher. Through this research over talent management is
covered in proper manner by making an estimated budget for it. To conduct current research over
talent an estimated budget of £68000 required to be made which covers travelling cost, research
tools, legal compliance along with the cost of data collection and other miscellaneous expanses.
Further managers has to develop proper budget with reflection of overall cost required with cost
efficiency to be made the budget is as follows:
Time: This element of project management plan determine about the actual period and
duration required to perform and carry out research for talent management project in suitable
manner. The estimated time period required to perform and carry out current investigation is near
about 3 months.
Scope: This element makes determination of benefits and implication within talent
management. As per the project related to talent management scope is wider in nature and
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criculate crucial information about the concept of talent management that is vital and important
for all organisation to have a more skilled and competent workforce.
Quality: The quality aspect of a project mainly reflects and depicts about the viability and
authentic of the data. To maintain the better quality of current talent management project and
meet the set standard. The use of most suitable and appropriate research methodology is done to
ensure collection of most authentic data. Both primary and secondary sources of data collection
are applied for talent management project to ensure adequate level of information collected for
analysis and evaluate current research objects .(Eriksson, Larsson and Pesämaa, 2017).
Communication: It forms most vital and crucial aspect of a research project that is
essential to properly handle information of talent management project. Use of online modes of
communication are made under current investigation to ensure better flow of vital data to lead
transparency during conduction of talent management project. Along with this reducing chance
of chaos and confusion among team members which enhance efficiency level of current project.
Risk : This aspect of project of talent management plan basically represents the key
barriers and obstacles that could be faced by manager while doing project. The main risk
associated with current research project comprises of lack of proper time period and along with
insufficiency of required resources which reduces the efficiency of workflow in talent
management project.
Resources : It represent the assets required to conduct and carry out a research for
project of talent management. With respect to current project of talent management
communication of human resource, financial resources along with technical resources are
required to be made. Financial resources helps in meeting of researcher activities while human
resource needed to preform various activities like collection of data. Apart from this technical
and statical resources like internet, smart phones, etc. are also required to better collection of
data.
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P3) Produce work breakdown structure and Gantt chart
Gantt chart: Gantt chart is an software that makes project programming, project planning
and project establishment for talent management project to be done. The mechanism has been
helping in advancement of Gantt required to build project dependency for task assistance. In this
dates and time period required to complete task is assigned. In this technicalities of an project is
managed for tracking project in working of task with view to help in dependency over project
(Goggin and et. al., 2019).
5

Work Breakdown structure: It is defined as to identify the techniques which is
implement on talent management project by representation of administration. WDS focus on
original product ,alternatively work required to make more goods and conceived actions. It also
allow the finer estimation of price, hazard and period of time, because work is done on the basis
of small projects and keep substitute level of the whole project.
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TASK 2
P4) Small-scale research to meet project aim and objectives
This is the research that is performed for conducting effective knowledge upon various
aspects over learning process of talent management project. This makes knowledge to be attained
over talent management project by using two methods of research for accomplishing of task that
has been explained a follows:
Qualitative method: Such method relevant data is been gathered through interviews,
questionnaires. Through data collected from this method relevancy of over idea of research is
been formed for talent management project.
Quantitative method: This makes emphasis over measuring all kind of
metamathematical, statistical and data is been collected through questionnaires, polls and
statistical data with competent technique for project of talent management is justified in this
method (Herbert, 2018).
Sources of data collection:
Primary sources: As per these source researcher has collected appropriate data in more
simplified manner for talent project management. This make appropriate data to be collected for
making specific outcome to be generated for talent management project. Also it is an time taking
process which makes accuracy over relevant data collection as it is dependent on survey,
interview, questionnaire etc.
7

Secondary sources: The data collected in the form of information through organizational
records, magazines and other secondary source of information generation. This makes data to be
collected for talent management project (Eriksson, Larsson and Pesämaa, 2017).
As per the research adequate usage of both forms of data is been done. Through primary
sources questionnaire is developed. From secondary research literature review has been produced
Sampling: In this more statistical analysis is been determined through observing calculation
that is taken form larger population. The sample size that is taken is 30.
Questionnaire
Quantitative questions
Q1) Does anyone holds information over talent- management in an organization?
a) Yes
b) No
Q2) Do talent management is necessary for attaining sustainable growth and success in
longer period of time?
a) Yes
b) No
Q3) Does sanisbury has been working for making attraction employee regarding talent-
management?
a)Yes
b) No
Q4) What strategies to be applied by Sainsbury for implementing talent-management in an
organization?
a) Providing job description
b) Path to attain success
Q5) What impact is made by talent management in sainsbury?
a) Retention of skilled employees
b) enhancement of performance
c) Advancement of human resource
Q6) What advancement is been presented by Sainsbury with prospectus to talent
management?
a) High motivation
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b) Job satisfaction
c) Advance abilities
Q7) What kind of initiatives is taken by ASDA in order to induce talent-management within
employee's?
a) Job rotation
b) Training and development
Qualitative questions
Q8) What strategies is been included by Sainbury for enhancing work performance with
productivity?
 Recognition of skilled employees
 Ways to attain success
Q9) What initiative taken by Sainsbury for retaining and attracting potential employees?
a) Improving training sessions
b) Individualism
c) Morale
Q11) Recommendation
TASK 3
P5) Present findings and data
Q1) Does anyone holds information over talent- management in an
organization?
Frequency
Yes 20
No 10
9
Yes
No
0 5 10 15 20 25 30
26
4

Interpretation: From the above graph it can be marked out that 30 respondents are there. Out of
which 20is aware over talent management. 10 has no idea about it. That is why sainsbury holds
an idea over talent management that has been embedded over abilities to work in effective way.
it is summarized from the above table that out of 30 respondents 26 are aware about the talent-
management in the organization and 4 are doesn't aware about this. So ASDA is having a good
talent management as most of the employees are in favor to this. Its means they have high level
of ability to work in effective manner (Hoch and Brad, 2020).
Q2) Do talent management is necessary for attaining sustainable growth
and success in longer period of time?
Frequency
Yes 25
No 5
Interpretation: From the above graph it is been concluded that 30 respondents is been taken out
of which 25 has agreed that talent management should be there to promote growth. Rest 5 does
nit agree with this. So, it can be marked out that talent management if applied as per the
strategies can impact in positive way(Johnson, 2019).
Q3) Does sanisbury has been working for making attraction employee
regarding talent-management?
Frequency
Yes 20
10
Yes
No
0 5 10 15 20 25 30
25
5

No 10
Interpretation: From the graph it can be concluded that 30 respondent are there out is
which 20 believes that talent management is required to attract employees and rest 10 thinks that
its not helpful in making attraction of employees possible. Means talent management to sustain
employees over long period of time.
Q4) What strategies to be applied by Sainsbury for implementing talent-
management in an organization?
Frequency
a) Providing job description 15
b) Path to attain success 15
Interpretation: After making study from the graph it is concluded that out of 30
respondent 15 is of opinion that sainsbury makes strategy for talent management to be provided
with job description and rest 15 thinks that path is been use to gain continuous progress. It
11
Yes
No
0 5 10 15 20 25
22
8
Provide elaborate job description
Pathway to gain continuous success
0 2 4 6 8 10 12 14 16
15
15

means both strategy is equally implemented by the company in order to established talent
management(Kris Bailey, 2016)
Q5) What is the significant impact of talent-management within ASDA? Frequency
Attraction and retention of skilled employee 10
Enhancement of performance 11
Advancement of human resource 9
12
Attraction and retention of skilled employee
Enhancement of performance
Advancement of human resource
0 2 4 6 8 10 12 14
10
12
8

Interpretation: From the graph it can be concluded that out of 30 respondent 10 believed
that talent management is been don to retain skills. 11 respondent believes that enhancement is
done over performance. 9 respondent believes that talent management make development of
human resource possible.
Q6) What are the advancement that is presented by ASDA with prospect
to talent-management?
Frequency
Higher motivation 15
Introduce job satisfaction 5
Advance interpersonal abilities 10
Interpretation: The above graph 30 respondent exists out of which 15 believes that
motivation is been made due to talent management. 5 believes that job satisfaction is there due to
this. 10 believes that it has made responsibilities to be developed in advanced manner. This has
made positive affect over Sainsbury(Narayananand et. al., 2020).
Q7) What kind of initiatives is taken by ASDA in order to induce
talent-management within employee's?
Frequency
Job rotation 20
Training and development 10
13
Higher motivation
Introduce job satisfaction
Advance interpersonal abilities
0 2 4 6 8 10 12
10
10
10

Interpretation: This graph it can be interpretative that 30 respondent 20 believes that
sainsbury job rotation exists that has been made more valuable due to talent -management. 10 is
of opinion that training and development makes task to be done in better manner in sainsbury
(Williams, 2016).
Q8) What type of strategies is
induced by ASDA so as to
enhance its working
performance and productivity?
Explanation
Offered recognition to skilled
employees
This makes employees gain motivation over work
through skills upon abilities to be recognized in an
organization which makes future growth possible.
Provide certain pathway to
gain success
This makes support of employees to be clear through
pathway of working in an organization and makes it
clear about success with growth through entity.
Q9) What kind of initiatives is
taken by ASDA to retain and
attract its potential employee?
Explanation
Provide better training sessions Tanning sessions has been helping an employees for
working in more effective way through which skills is
developed (Yap, Abdul-Rahman and Chen, 2017).
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Job rotation
Training and development
13 13.5 14 14.5 15 15.5 16 16.5
14
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Ensuring individualism This makes motivation for employees through individual
identity over specific field of work.
Induce higher motivation and
morale
Employees with the high motivation and morale will
retain in the organisation for the longer period of time
and also produce the effective outcomes.
P6) Communicate appropriate recommendation
As from above analysis it is measured that talent-management is an aspect that is required
within the business so as to attract and retain its potential candidates by which working
efficiency and its effectiveness is increases in productive manner. For this business has introduce
various strategies and policies by which ability to enhance productivity is increases in systematic
manner. There is few recommendation that is as addressed below as:
 ASDA must have offered a sustained path that make easy for employee to gain higher
success and development. In this employee get beneficial rewards and benefits by which
better level of competency is increases.
 In addition ASDA also provide required training sessions by which ability, skills and
experience is increases as it is perfectly matched up with individual's knowledge. It
imparts a feeling of self belonging by which long term sustainability is maintained with
effectiveness(Zwikael, Chih and Meredith, 2018).
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TASK 4
P7) Reflect value of undertaking project
The research that is been done by me has made me over talent management and made me
learn about concepts of talent management which made attraction and retention of employees
possible. Also I have learned that sainsbury has acknowledged training and development with
job description for making talent management possible. Then I have made questionnaire that
made assistance over relevant information possible for the talent management project. In this
suitable usage about various tools and techniques like Gantt chart and Work breakdown structure
which made project to be submitted in timely manner is don by me. The various challenges is
been faced by me in making project to be completed within timely manner (Elia, Margherita, and
Secundo, 2020). Also various kinds of practices and techniques is been used in order to make the
concept of talent management understood. In this I have used primary and secondary research
which has made utilization of resources in order to collect data in more relevant manner. Then
gantt chart used for analyzing time management in relation to doing sub tasks in proper manner.
CONCLUSION
From the discussion it can be concluded that talent management covers various strategies
which helps in making goals and objectives to be achieved in more efficient manner. Then
various tools like Gantt chart and WBS is covered to makes project completion in appropriate
time possible. Also an small-scale research is done for conducting of sustainability over
strategies to make reattaining through suitable employees. Research is conducted in both primary
and secondary research with productive changes to be considered.
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REFRENCES
Books and journals
Elia, G., Margherita, A. and Secundo, G., 2020. Project management canvas: a systems thinking
framework to address project complexity. International Journal of Managing Projects in
Business.
Eriksson, P.E., Larsson, J. and Pesämaa, O., 2017. Managing complex projects in the
infrastructure sector—A structural equation model for flexibility-focused project
management. International journal of project management, 35(8), pp.1512-1523.
Goggin, C.L and et. al., 2019. Incorporating social dimensions in planning, managing and
evaluating environmental projects. Environmental management, 63(2), pp.215-232.
Herbert, N., 2018, February. Reflections on 17 years of ict capstone project coordination:
Effective strategies for managing clients, teams and assessment. In Proceedings of the
49th ACM Technical Symposium on Computer Science Education (pp. 215-220).
Hoch, N. and Brad, S., 2020, October. Managing AI Technologies in Earthwork Construction: A
TRIZ-Based Innovation Approach. In International TRIZ Future Conference (pp. 3-14).
Springer, Cham.
Johnson, A.B., 2019. Project of IT system for Business accelerator for managing cooperation
between startups and corporates (Doctoral dissertation, Instytut Organizacji Systemów
Produkcyjnych).
Kris Bailey, M.L.T., 2016. Managing Pathology Projects For Success. Canadian Journal of
Medical Laboratory Science, 78(3), p.14.
Narayanan, S and et. al., 2020. Managing uncertain tasks in technology‐intensive project
environments: A multi‐method study of task closure and capacity management
decisions. Journal of Operations Management, 66(3), pp.260-280.
Tchumtcha Wembe, P., 2020. Managing stakeholders in EPCM projects in Africa by Western
project managers. International Journal of Construction Management, pp.1-11.]
Williams, N.L., 2016. 4 Managing Event Projects. Events Management: An International
Approach, p.94.
Yap, J.B.H., Abdul-Rahman, H. and Chen, W., 2017. Collaborative model: Managing design
changes with reusable project experiences through project learning and effective
communication. International Journal of Project Management, 35(7), pp.1253-1271.
17

Zwikael, O., Chih, Y.Y. and Meredith, J.R., 2018. Project benefit management: Setting effective
target benefits. International Journal of Project Management, 36(4), pp.650-658.
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APPENDICES 2
19

Project Logbook for the chosen
organisation:
Name of the learner: Name of the Supervisor:
Project Title: “ Analysing of various
strategies to be used by business in order to
attract and retain employees. Case study over
Sainsbury.
Date:
Update of weekly research/ tasks achieved
(Account for a minimum of six weeks with
dates) What have you completed?
 Did you fulfil Task requirements? Are you on track and within deadlines
set?
 Did you need to make any changes to
your project management plan?
I completed project on topic “Analysing of
different strategies used by business in order
to attract more employees. Case study on
sainsbury.
Yes, task requirement is fulfilled
Yes, activities completed over deadline
No not required
Any risks and / or issues identified? Did you identify risks/issues with a
lack of skills required for undertaking
research tasks? Did you identify any additional
risks/issues that have an impact on
the project management plan?
No, I have used my skills
Yes, through time management
Project plan status to date (on, ahead,
behind)
20

Supervisor comments to address
Signature of the Supervisor and date:
21

Performance Review Template
What was the Project supposed to accomplish?
In this project “analyse the different strategies that is used by the business as in order to attract and retain
more of its employee's. A case study on Sainsbury.
Did the project succeed in its aims/ how do you know? Specifically, please outline any evaluation
and assessment undertaken?
Yes, project is completed with its aims
What things do you think worked well and why? Evaluate all aspects of the project?
With support of Gantt chart
What problems emerged during the project and how were they tackled? Was there timely
identification of issues and resolution during the project process?
Problem is of employee behaviour and for this soft skills is used.
22