Managing a Successful Business Project

Managing a Successful Business Project

Table of Contents
TOPIC: “To identify impact of effective talent management over employee satisfaction at work place”. A
study on Sainsbury......................................................................................................................................3
INTRODUCTION.......................................................................................................................................3
TASK 1.......................................................................................................................................................3
P1) Aims & objectives of project............................................................................................................3
Research Aim:.........................................................................................................................................3
Research Objectives................................................................................................................................3
Research Questions.................................................................................................................................3
P2) Project management plan..................................................................................................................5
P3) Work Break down structure and Gantt Chart....................................................................................6
P4) Primary and Secondary research methods.........................................................................................9
P5) Discuss data & information by applying necessary tools and techniques........................................10
P6) Recommendations...........................................................................................................................19
P7) Reflection........................................................................................................................................19
CONCLUSION.........................................................................................................................................20
REFRENCES............................................................................................................................................21
Appendices................................................................................................................................................22
REFRENCES............................................................................................................................................25

TOPIC: “To identify impact of effective talent management over employee satisfaction at
work place”. A study on Sainsbury.
INTRODUCTION
Talent management is related with managing and handling staff members in systematic
and proper manner so that set objectives can be attained in predefined period of time. It is a wide
concept under which several activities of hiring, recruitment, selection, motivation are included
significantly. It is a process which allows organization to achieve competitive edge in market
place (Poirier, Forgues and Staub-French, 2016). The present study is based on Sainsbury which
is a renowned supermarket organization based on UK and offers verities of products & services
to customers across the globe. The present report aims to identify impact of talent management
strategies over satisfaction of employees. It includes aims and objective of study with necessary
project management plan, WBS and Gantt chart for completion of project with set time duration.
Methodology along with appropriate tools & techniques and recommendations have also been
covered in the report. Lastly, it also comprises personal performance review for making
improvement in performance in future period of time.
TASK A
TASK 1
P1) Aims & objectives of project
Research Aim: “To identify impact of effective talent management over employee satisfaction at
work place”. A study on Sainsbury.
Research Objectives
 To analyze role of talent management at work place
 To identify impact of talent management over employee satisfaction of Sainsbury.
 To ascertain different strategies of talent management for managing employees within
organization.

Research Questions
 What is the role of talent management at work place?
 What is the impact of talent management over employee satisfaction of Sainsbury?
 What are the strategies of talent management for managing employees within
organization?
Significance of study:
The study is important as it is conducted in order to identify impact of talent management
over job satisfaction of employees. Information gathered through study is significant as it will
help in preparing effective strategies for improving productivity of work force. In personal
perspective, it is going to help in enhancing knowledge, skills as well as potential for gaining
success in future period of time.
Literature Review
According to Smallwood, (2019), Talent management aims to hire suitable and talented
people and place them at right position. Here, HR managers prepare specific strategies so that
employees stay with company for longer period of time. It is considered as a crucial activity
which has association with managing and retaining work force and also manages their
performance in an efficient manner. Talent management plays a crucial role in motivating work
force through appropriate methods such as monetary and non monetary ways. In addition to this,
it is also helpful in order to maintain significant relationship between superiors and subordinates
so that company can attain predefined goals.
According to Mesly, ( 2017), talent management put a significant impact over employee
satisfaction by providing them appropriate opportunities of growth and success. Willigness and
optimistic attitude is really important for performing tasks with utmost proficiency. Through
talent management HR managers of Sainsbury stimulate employees for putting their best for
accomplishing assigned task in well defined manner. Training and development is also provided
by company for enhancing job satisfaction of work force.
According to Ryan, (2016), Talent management is a crucial aspect of business under
which a lot of strategies are adopted for attracting talented & competent people. For this purpose,

HR managers of Sainsbury adopt a lot of strategies and policies related to training and
development, motivation, positive work environment and more. In this regard, they organize
necessary training and learning programs for improving productivity of work force which also
lead them towards higher job satisfaction.
P2) Project management plan
Project management plan is basically a document that works as a blueprint for
investigator in order to implement research activities in a proper and effective manner. It involve
aspects such as cost,scope, communication, risk, resources and many more. The project
management plan for the present study is given below:
Cost: It is basically the amount which is required in order to conduct the study. It is
important for researcher to develop a budget before starting the project so that overall research
activities is implemented timely and effectively (Yun and et. al., 2016). For the present
investigation, investigator will require dollar 800 for implementing all activities of reserves
Scope: It is an important element that provides description about the scope of research
within the real life and business aspect. The present research is based on talent management that
help company to increase profitability and attain growth which shows the study has high scope.
In addition to this, it also gives new direction to the company which will increase its market
share.
Time: It is undertaken as specific amount of time required in order to finish the project.
The time for every study is selected as per the research activities (Simon, Harms and Schiele,
2019). In context to the present study, researcherwill require around 3 months to work effectively
on every area in order to gain feasible solutions.
Quality: The researcher will maintain quality of investigation by considering all data
from valid and authenticated sites. It helps to draw valid and reliable conclusion and direct the
study in a rightful manner. It is analyzed that researcher gather all data from authenticated
sources and journal articles provided by professionals which shows that the quality of study is
high.

Communication: The implementation of study also needs effective communication
between all associated people. In context to the present story, investigator will make use of
communication medium such as mobile phones, regular based meetings, email and many more in
order to share outcome and activities of research with associated people (O’Neill, 2017). This
help in declining the level of misunderstanding and assist in execution of activities
systematically.
Risk: There are various risks associated to the present investigation such as misuse of
respondent’s data which may impact on the confidentiality. In addition to this, it also impact on
the reliability of investigation in future as participant may ask for claim in future. Apart from
this, there are also other risk such lack of funds, ineffective communication, lack of time and
many more.
Resources: It is important for research Sir to ensure that all the resources available for
conducting this study. For the present investigation is required resources such as land,
manpower, machine, computer system, stationary and many more. All this will help in
attainment of research objectives timely and properly (Joy 2018).
From the above mentioned project management plan, it is determined that all such
aspects of the plan needed to be evaluated by project manager as it help in working
systematically and effectively. It also helps in developing strategies for the same in order to
execute investigation in a rightful manner.
P3) Work Break down structure and Gantt Chart
Work Break structure
Work break down structure is a tool of project management under which the entire
project is divided into smaller components so that project can be managed in proper way. With
this devidation, it is easy to assigned necessary roles and responsibilities to different individuals
who are associated with project. Work break down structure significant assists project manager
in assigning task to team members with an aim to complete the project within predefined time
frame (Rogers and et. al., 2020). It also plays a significant role in reducing down the level of
complexity so that each and every team members can easily understand own roles & duties for
completion of entire project. Without a proper WBS, it is quiet complex to complete different