Managing a Successful Business Project

part C not needed already done in B59317

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

activities of project in timely manner. For the purpose of current project, a structured WBS is
given below:
Gantt chart:
It is a graphical tool which is used by investigator for completing entire project according to
predefined schedule. This tool is applied for fulfilling different project activities in better manner
with an aim to minimize errors & disruption which occur during project management. Here,
project not only divided in different activities but also time period is also determined for
completion of project in timely manner. It includes starting & ending dates of project along with
roles and responsibilities of different team members. Gantt chart is a significant tool which is
often used by project managers so that project can be complete in proper & systematic way
within predefined period of time (Dupont and Eskerod, 2016). It included schedule, deadlines,
roles and responsibilities, dependencies and more. In this regard, Gantt chart for current project
is mentioned below:

P4) Primary and Secondary research methods
Primary research: In this information which is gathered by researcher is row and first
hand and contains high reliability as well as authenticity. Main source of primary data collection
is observation, survey, questionnaire etc. Investigator tends to collect primary information with
own efforts without any intervention of outsider parties (Brem and Radziwon, 2017). Primary
methods are helpful in order to get quality in research as it provides highly authentic and reliable
information. But, there is requirement of huge time as well as resources for collecting primary
data. For current research, primary information has been taken out from the employees of
Sainsbury by preparing questionnaire.
Secondary Research: It is concerned with using already available information which can
be easily extracted from different sources. Information which is used in secondary method has
already gathered by some other researcher for meeting with a particular purpose. Hence, there is
requirement to be careful and diligent while using secondary method. Articles, website, journals
are the widely used sources off secondary information. In case of current project, secondary data
has been taken from relevant articles and website. Here secondary information will help
investigator in completing research project in successful manner.
Qualitative method: This method is related with collection and analysis of non numerical
information for attaining research aims and objectives in an efficient manner. Detailed and in
depth information is gathered through this approach by using different sources such as focus
group, interview, case sturdy etc (Carvalho and et. al., 2019). In this, information is collected
through face to face and personal interaction which further helps in terms of getting additional
information for success of research project.
Quantitative method: Here, numerical data and information is gathered as well as
analysed through statistical tools and softwares for bringing reliability and authentication in
research project. It is concerned with application of statistical and mathematical tools which are
likely to provide authentic results.

P5) Discuss data & information by applying necessary tools and techniques
Q1) Do you have knowledge about talent management concept?
 YES
 NO
Q2) Does employee satisfaction is essential for maintaining higher level of productivity and
efficiency at work place?
 Yes
 No
Q3) According to you, what are the strategies can be applied for managing work force effectively
within Sanisbury?
 Motivation
 Training and development
 Managing positive relationships
Q4) What are the obstacles faced by HR mangers in managing higher level of job satisfaction of
work force?
 Working environment
 Unfair work policies
 Lack of growth and opportunities at work place
Q5) What are the strategies can apply for improving job satisfaction of employees within
organization?
 Rewards and Recognition
 Positive working conditions
 Adequate compensation
 Opportunities of growth
Q6) According to you, what kind of relationship between job satisfaction and talent management
 Positive relationship’
 Negative relationship
 Neutral
Q7) Does effective strategies of talent management help in enhancing satisfaction level of

employees?
 YES
 NO
Theme: Talent management concept
Q1) Do you have knowledge about talent management concept? Frequency
a) Yes 30
b) No 10
30
10
a) Yes
b) No
Interpretation: It is monitored after assessing above graph that 30 individuals out of 40
have familiarity with the concept of talent management. Rest 10 people also do have significant
information about the talent management concept. Hence, Majority of respondents are well
aware with the respective concept.

Theme: Impact of employee satisfaction over productivity and efficiency of employees at
work place
Q2) Does employee satisfaction is essential for maintaining higher level of
productivity and efficiency at work place
Frequency
a) Yes 33
b) No 7
a) Yes ; 33
b) No ; 7
Interpretation: The above graph states that employee satisfaction is really important for
maintaining higher level of productivity & efficiency of employees within organization. In this,
33 respondents out of 40 are in favor that employee satisfaction helps in improving level of
productivity & efficiency of staff members at work place. After getting interviewing of other 7
people, it is found that they do not posses similar opinion on the respective concept.

Theme: strategies can be applied for managing work force effectively within Sanisbury
Q3) According to you, what are the strategies can be applied for managing
work force effectively within Sanisbury?
Frequency
a) Motivation 20
b) Training and development 15
c) Managing positive relationships 5
50%
38%
13%
Chart Title
a) Motivation b) Training and development
c) Managing positive relationships
Interpretation: The above graph is related with strategies of managing work force
effectively within organization. It is analyzed that 20 respondents out of 40 consider motivation
as most significant strategy of managing work force whereas according to the information
received, 15 people regarded training & development as most significant strategy of workforce
management at work place. On other side, according to 5 respondents managing positive
relationship is a significant strategy in order to manage employees significantly at work place. It
is analyzed that according to majority of respondents motivation is the most important strategy
which need to apply managing work force in an effective manner within company.

Theme: obstacles faced by HR mangers in managing higher level of job satisfaction of work
force
Q4) What are the obstacles faced by HR mangers in managing higher level
of job satisfaction of work force?
Frequency
a) Poor Working environment 22
b) Unfair work policies 8
c) Lack of growth and opportunities at work place 10
55%
20%
25%
Chart Title
a) Working environment b) Unfair work policies
c) Lack of growth and opportunities at work place
Interpretation: With above chart, it is analyzed that according to 22 individuals out of 40 poor
working environment crate obstacles in managing higher level of job satisfaction while 8
respondents are consider that unfair job practice create constrain in job satisfaction. Rest, 10
respondents think that lack of growth opportunities at work place crate obstacles in maintaining
significant level of job satisfaction. Therefore, majority of respondents consider that poor

working environment put a negative impact over satisfaction level of employees within
company.
THEME: strategies which can apply for improving job satisfaction of employees within
organization
Q5) What are the strategies can apply for improving job satisfaction of
employees within organization?
Frequency
a)Rewards and Recognition 17
b) Positive working conditions 6
c) Adequate compensation 6
d)Opportunities of growth 11
43%
15%
15%
28%
Chart Title
a)Rewards and Recognition b) Positive working conditions
c) Adequate compensation d)Opportunities of growth
Interpretation: With above graph, it is monitored that 17 individuals considered that reward and
recognition is one of the significant strategy which need to adopt for employee satisfaction
whereas 6 respondents are in favor of positive working environment for maintaining higher level

of employee satisfaction. Here, 7 respondents are agreed that providing adequate level of
compensation is helpful in maintaining higher job satisfaction. On other side, 11 respondents are
in favor of growth opportunities as a significant strategy of employee satisfaction.
Theme: Relationship between talent management & employees satisfaction & retention
Q6) What kind of relationship between talent management & employees
satisfaction & retention?
Frequency
a) Positive 25
b) Negative 10
c) Neutral 5
25
10
5
a) Positive relationship
b) Negative relationship
c) Neutral
Interpretation: It is found through above chart that employee satisfaction and talent management
are associated with each other. As per the view point of 25 respondents, there is positive
relationship between talent management and employee satisfaction whereas 10 individuals
consider that there is negative relationship between talent management and employee

satisfaction. On other side, 5 respondents have neutral point of view about association of talent
management and satisfaction level of employees.
Theme: effective strategies of talent management help in enhancing satisfaction level of
employees
Q7) Does effective strategies of talent management help in enhancing
satisfaction level of employees?
Frequency
a) Yes 32
b) No 8
80%
20%
Chart Title
a) Yes b) No
Interpretation: According to the above chart, it is analyzed that 32 respondents are in favor that
talent management strategies play a crucial role in improving level of satisfaction level of work
force whereas 8 respondents consider that talent management not significantly assist in
improving level of employee satisfaction.
P6) Recommendations

With the above stated information, it is analysed that there is requirement of making some
improvement for this purpose, certain recommendations are mentioned below.
 After going through with above mentioned data, it is analysed that HR managers of
respective company needs to maintain positive environment at work please where all the
employees get equal opportunities of growth and success. In addition to this, they also
need to maintain positive relationship between superiors and subordinates which will
help and motivating employees to put their significant effort for betterment of
organization.
 There is requirement to maintain such an organizational structure by which managers and
employees can easily interact with each other. By this way, both the parties get to know
about the needs, requirement and expectations of each other which will help to reduce
down the conflicts and grazes at work please. With this, employees also get the sense that
they are being considered an important part of company which further stimulate the to
work efficiently for attending predefined goals and objectives.
 It is suggested that HR managers of respective organization need to adopt suitable
strategies for motivating employees. They need to opt suitable monetary and non
monetary methods with an aim to develop positive attitude among employees. In this
regard, they can use strategies like perks, announces, rewards, recognition and promotion
so that employees get highly motivated and inspired. It will also help in improving
satisfaction level of workforce in significant matter
TASK B
P7) Reflection/ Personal performance review
I am overwhelmed to get this opportunity of getting a part of such an efficient project.
The current project aims to identify the impact of talent management strategies over employee
satisfaction. With this project, I got communication skills as I interacted with a lot of people
having different personality and opinion during the project. In addition to this, the project also
helped me in order to get detailed insights about talent management strategies and its impact
over organization which will further help me in order to prepare effective strategies for
betterment of organization. During the project, I used to manage a complete team of different
individuals which developed my leadership and team management capabilities. Team

management skills will significantly help me in order to perform leadership roles and
responsibilities while working in organization. While completing the project, I need to perform
different activities and functions within a predefined time frame which further developed my
time management capabilities. With this, I will be able to complete the assigned task and project
at workplace within deadlines which is crucial to put a better impression over colleagues and
managers.
CONCLUSION
It is monitored with above mentioned information that talent management is an important
concept which is associated with different activities of hiring, selection, motivation and so on.
Talent management framework plays a crucial role in achieving higher satisfaction level of
employees. Apart from this, there are various strategies adopted by manager in order to maintain
higher satisfaction level of employees at work place. There is discussion regarding project
management plan which is used for completion of a project within predefined period of time.
Apart from this, primary and secondary sources are used in order to collect adequate amount of
information. Discussion has been carried out WBS and Gantt chart which are effective tool of
project management and help in completion of project in timely manner as per predefined
schedule. Questionnaire has been prepared for collecting necessary information from
respondents. Further, the information is represented with the help of appropriate charts and
graphs for analyzing information in an efficient manner.
REFRENCES
Books and Journals

Brem, A. and Radziwon, A., 2017. Efficient Triple Helix collaboration fostering local niche
innovation projects–A case from Denmark. Technological Forecasting and Social
Change, 123, pp.130-141.
Carvalho and et. al., 2019. Operational excellence, organisational culture and agility: the missing
link?. Total Quality Management & Business Excellence, 30(13-14), pp.1495-1514.
Girschik, V., 2020. Managing Legitimacy in Business‐Driven Social Change: The Role of
Relational Work. Journal of Management Studies, 57(4), pp.775-804.
Joy, J., 2018. Managing Banking and Treasury Implications During Divestiture. In Divestitures
and Spin-Offs (pp. 169-183). Springer, Boston, MA.
Mesly, O., 2017. Project feasibility: Tools for uncovering points of vulnerability. CRC Press.
O’Neill, P., 2017. Managing the private financing of urban infrastructure. Urban Policy and
Research, 35(1), pp.32-43.
Poirier, E., Forgues, D. and Staub-French, S., 2016. Collaboration through innovation:
implications for expertise in the AEC sector. Construction management and
economics, 34(11), pp.769-789.
Rogers, N.H., Bordone, R.C., Sander, F.E. and McEwen, C.A., 2018. Designing systems and
processes for managing disputes. Wolters Kluwer Law & Business.
Ryan, M., 2016. Managing the Team. portal: Libraries and the Academy, 16(2), pp.219-223.
Simon, F., Harms, R. and Schiele, H., 2019. Managing corporate-startup relationships: what
matters for entrepreneurs?. International journal of entrepreneurial venturing, 11(2),
pp.164-186.
Smallwood, R.F., 2019. Information governance: Concepts, strategies and best practices. John
Wiley & Sons.
Yun and et. al., 2016. Development of performance metrics for phase-based capital project
benchmarking. International Journal of Project Management, 34(3), pp.389-402.
Appendices
Project Logbook for the chosen organisation:
Name of the learner: Name of the Supervisor:
Project Title: Date:
Update of weekly research/ tasks achieved (Account
for a minimum of six weeks with dates)
 What have you completed?
Comments
I have completed my research on the topic of “To
identify impact of effective talent management

 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?
over employee satisfaction at work place”. A
study on Sainsbury
Yes
Yes, I completed within the time limit which was
19-09-19 and 27-02-2020.
No
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?
Yes, I have to face the issue of interpreting the
data, determining sample size and collecting the
information.
No

Problems encountered
 What barriers did you face?
 How did you overcome them?
The barriers which I have faced are lack of
communication with team member due to which
the various difficulties like confusion take place.
To cope the issue I have give focus on group
discussion so that the proper information can be
transferred and transparency of the data can be
maintained. For managing this I took 40
employees of the company who responded to the
questions and from this I gathered information.
New Ideas and change of project direction After evaluating the performance, I have analysed
that this project requires more 1 week in attaining
the goals in a most effective way.
What Have I learnt about myself this week?
 How did I feel when I had to deal with
tasks/problems?
 Did I find it useful to complete the tasks?
 How well have I performed? What did I
contribute?
I felt high degree of discontentment from the
demonstration of my team members.
Yes
I performed well and also allocated the resources
in appropriate ways that aid me to complete my

 What can I improve on next week?
 How might this learning apply in the future?
task in a better way.
I took participation in team building activities that
allows me to solve the issue of communication
barrier.
By administrating this project, I was able to
develop my logical & interpersonal competencies
which will lead me to display better performance
on research.
Tasks planned for next week
 Which tasks are priority?
 Have you set aside sufficient time for
completion?
To owed reliable data for improving the attribute
of current project.
Yes
Project plan status to date (on, ahead, behind)
Supervisor comments to address
Signature of the Supervisor and date: