Challenges of managing talent within the hospitality industry

Managing small business
projects
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Research title:...................................................................................................................................4
Introduction......................................................................................................................................4
Background of the study..................................................................................................................4
Rationale..........................................................................................................................................5
P1: Devise project aims and objectives for a chosen scenario....................................................5
P2: Produce a project management plan that covers aspects of cost, scope, time, quality,
communication, risk and resources..............................................................................................5
Research methodology.....................................................................................................................6
P3: Produce a work breakdown structure and a Gantt Chart to provide timeframes and stages
for completion..............................................................................................................................7
M1: Produce a comprehensive project management plan, milestone schedule and project
schedule for monitoring and completing the aims and objectives of the project........................9
D1: Critically evaluate the project management process and methods applied for gathering
information and data collection...................................................................................................9
P4: Carry out small-scale research applying primary and secondary methods appropriate for
meeting project aims and objectives............................................................................................9
Literature review..............................................................................................................................9
The role of talent management in context of hospitality industry...............................................9
Several challenges or issues that might be faced by Ritz-Carlton Hotel while managing talent
at workplace...............................................................................................................................10
Ways or strategies for addressing the challenges related with talent management...................10
M2: Evaluate the accuracy and reliability of primary and secondary methods applied............11
D2: Critically evaluate and reflect on the project outcomes, the decision-making process and
changes or developments of the initial project management plan to support justification of
recommendations and learning during the project.....................................................................11
P5: Present findings and data using appropriate tools and techniques......................................11
M3: Evaluate the selection of appropriate tools and techniques for accuracy and authenticity to
support and justify recommendations........................................................................................22
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P6: Communicate appropriate recommendations as a result of findings and data analysis to
draw valid and meaningful conclusions....................................................................................22
P7: Reflect on the value of undertaking the project to meet stated objectives and own learning
and performance........................................................................................................................23
Reflection.......................................................................................................................................23
M4: Evaluate the value of the project management process to meet stated objectives and
support own learning and performance.....................................................................................23
REFERENCES..............................................................................................................................25
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Research title:
Challenges of managing talent within the hospitality industry.
Introduction
This report is focused on several tasks or actions that will aid the researcher in successfully
completing the entire study. Research topics and objectives, literature evaluation, suitable
research technique, data collection and analysis, reflection, and alternative research methods are
all examples of these tasks (Nayak, Nayak and Jena, 2020). These are the primary actions that
can assist a researcher in successfully and methodically completing a research project.
Cesar Ritz created the Ritz-Carlton Hotel in 1983, and it is one of the most prestigious hotels
in the world. Managing talent in the workplace aids a hospitality organization in achieving its
goal, establishing a great reputation, keeping top personnel, and making smarter decisions,
among other things. These are the most important benefits of talent management that a firm may
have while managing talent in the hotel industry (Syed and Tariq, 2017). Aside from that, there
are a variety of problems or concerns that might arise while managing talent in the workplace.
These include cultural variations among employees, proper training for workers, and a good
management-employee relationship, among other things. These are the
Background of the study
Talent management is not just the supervision of people in an organization; it is also the
process for identifying, encouraging, hiring, developing, sustaining, and keeping top talents for
the Ritz-Carlton Hotel's effective operations. In the hotel industry, strategic planning plays a
variety of roles in enhancing corporate operations, including helping customers feel qualified,
committed, and interested, allowing them to work towards to the organization's long ambitions.
It assists a company in enhancing customer happiness while also promoting business success.
Besides, there are a number of obstacles that must be overcome (Aguinis, 2019). This research is
conducted in order to know what are the different ways by which a company can increase talent
management strategies within a hotel.
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Rationale
The present initiative is around talent management. The major goal of this research is to
discover numerous talent management problems that hospitality organizations confront in the
workplace. In order to overcome these obstacles, the researcher intends to examine a variety of
successful strategies that hotel managers might employ. This is the researcher's primary and
fundamental goal in conducting this inquiry. Additionally, the researcher's own motivation for
conducting this study is to improve their own leadership abilities, organizational skills, and
critical thinking in order to perform more successful research.
P1: Devise project aims and objectives for a chosen scenario.
Aim
“To find out several challenges that are confronted by hospitality industry in management of
talent at workplace. Study on Ritz-Carlton Hotel.
Objectives
• To understand about role of talent management in context of hospitality industry.
• To determine several challenges or issues that might be faced by Ritz-Carlton Hotel
while managing talent at workplace.
• To investigate various ways or strategies for addressing the challenges related with talent
management.
Research Questions
• What are major roles associated to talent management within hospitality industry?
• What are numerous challenges or issues that might be confronted by Ritz-Carlton Hotel
while managing talent at workplace?
• What are main ways addition to strategies that can assist in addressing challenges of
talent management?
P2: Produce a project management plan that covers aspects of cost, scope, time, quality,
communication, risk and resources.
Costs: This is a crucial and vital aspect that researchers will need in order to conduct systematic
primary and secondary research (Jooss, McDonnell and Burbach, 2019). Both forms of study
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will necessitate a significant financial investment on the part of the researcher. It will assist them
in completing each project job in a methodical and efficient manner.
Another important aspect of the study is access, which aids the researcher in gathering primary
and secondary material on the subject (Dubey and Gunasekaran, 2015). The researcher will need
access to the firm to obtain data from the personnel in order to acquire primary data. Within the
scope of an inquiry, research has complete access to the data sources chosen.
Research methodology
Research is a methodical procedure that aids researchers in gathering data on a certain topic of
study (Collings, Scullion and Caligiuri, 2018). There are a few primary and secondary research
methodologies and methods that will be discussed below:
Methodology for the study: There are two approaches of primary method that are named
as Inductive addition to deductive approach. In context to inductive approach, it is about
developing a theory or model of working (Popple, 2015). However, deductive approach is all
about resting exiting theory. Through these approaches, an investigator analyses qualitative
together with quantitative data. Present study looks towards quantitative research in which
researcher focuses on using deductive technique to analyse quantitative data as it saves time as
well as other resources. As per existing study, inductive method is not effective since it is
completely qualitative.
Primary and secondary data: In a study, there are two forms for collecting data which
assist researchers to gather qualitative and quantitative data. In primary data, the use of
questionnaires aids the researcher in assembling quantitative information or data. Secondary
research, in contrary, helps researchers in gathering data which is already collected by others
from ample number of sources, like, books, periodicals as well as articles. As per to the findings
of the current study, a questionnaire will be utilized to obtain accurate data from respondents
(Banks, 2017).
Probability and non-probability sampling are two sampling strategies that help investigators
to determine sample size for the research (Spence and Hyams-Ssekasi, 2015). In context to
present study, probability sampling was used to determine sample size since it aids in sample
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