Strategies for Talent Management: A Case Study on Debenhams
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This report focuses on talent management strategies implemented by Debenhams, a multinational retailer. It discusses the importance of talent management, principles for attracting and retaining employees, and the impact of talent management on business operations.
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Table of Contents Title..................................................................................................................................................1 INTRODUCTION...........................................................................................................................1 MAIN BODY...................................................................................................................................1 TASK 1............................................................................................................................................1 P1) Project aims and objectives..................................................................................................1 P2) A project management plan..................................................................................................2 P3) Produce work breakdown structure and Gantt chart............................................................3 CONCLUSION...............................................................................................................................6 REFERENCES................................................................................................................................7
Title “To identify the strategies that is implemented by an organisation to make appropriate use of attraction and retention of employee's. A case study on Debenhams. INTRODUCTION The managing of a business is completely dependent over the inducement of different strategies and policies through which working performance and its credibility is developed in repetitive basis. In this talent-management always plays an essential role under which long term sustainability and adequateness is implemented in constrained mode by which accomplishment of both short and long term goal is achieved with perfection (Bell and Harrison, 2018). The report below is based on Debenhams that is a multinational retailer and operate its business through departmental stores. The report below include project aim, objectives and time-frame about talent-management. MAIN BODY TASK 1 P1) Project aims and objectives Overview of the Research: The research is based on talent-management that is required within the business to achieve and target standardised goals and target. In relation to Debenhams they have implement various strategies and policies by which attraction and retention of employees is processed so that long term success is achieved with perfection. Aim: “To identify the strategiesthat is implementedby an organisation to make appropriate use of attraction and retention of employee's. A case study on Debenhams. Objectives: To analyse the importance of talent-management in an organisation. To measure the basic knowledge and importance of talent-management within business. To identify the principles that is implemented by the business to attract and retain employee's.To determine the significant impact of talent-management within the working operations of business. Research questions: 1
Explain the importance of talent-management in an organisation. What is basic knowledge and importance of talent-management within business. Explain principles that is induce by business in order to perform talent-management. What are the principles that is implemented by the business to attract and retain employee's. What are the significant impact of talent-management within the working operations of business. P2) A project management plan It is a plan that is used to prerequisite the plan under which accomplishment of target and objectives is processed with perfection. In this long term efficiency and effectiveness is processed through which researcher get to know about various measures and it is as explained below as: Cost:It is a aspect that reflect adequate amount which is assigned by the researcher in order to complete the task and activities within stipulated period of instance of with perfection (Berger, 2020). It assist researcher to assigned adequate cost to different activities by which effective outcome is developed. Time:It provide adequate understanding about the research completion and for that researcher complete the research within 3 months as it help to segment overall task in timely basis so that objectives is attained with perfection.Scope:It offers better understanding about accomplishment of objectives through which goal of research is completed in timely frame or with satisfactoriness. 2
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Quality:It offer sustained outcome that is achieved by the researcher as after completion of research within timely basis. In this respective data is collected and implemented so that long term perfection within working standards is addressed.Communication:It is a prospect in which better interaction is developed in between the researcher and respondents by which task is completed with perfection and better suitability (Chen and Yang, 2019). In this authentic outcome is developed by which desirable outcome is conceived.Risk:It is a factor under which various possibilities is analysed by which sustained focus, concern and developed is attained by which all the complex situation is controlled. In this researcher conduct adequate analysis so that long tern success is achieved. Resources:It include relevant utilisation of resources through which effective outcome is achievedasper accomplishmentof sustainedobjectivesin flexiblemode.In this researcher need human resource, internet services, equipments, computers etc. so that productive ending is resulted with adequateness. P3) Produce work breakdown structure and Gantt chart Gantt chart: It is a chart that is defined under bar chart through which project planning and programming is implemented in clear mode. It is used to assist better planning and scheduling of task by which complexity is reduced and managed in ordinate mode. 3
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Work Breakdown structure:It is a structure that is used to segment various task and activities into different slots so that better understanding of goals and objectives is estimated with systematic manner (De Boeck, Meyers and Dries, 2018). It is basically deliver oriented structure in which organised outcome is conceived as by managing different sections successfully. 5
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CONCLUSION It has been concluded from the above report that managing of a small business is always be processed with support of various strategies that is implemented as per the suitability of time. In this management make ensure that talent management is induced within the business so that ability to attract and retain its potential working employee's. 6
REFERENCES Books and Journals Bell, J. and Harrison, B.T. Eds., 2018.Vision and values in managing education: Successful leadership principles and practice. Routledge. Berger, L.A., 2020.Talent Management: Handbook. MGH. Chen, C. H. and Yang, Y. C., 2019. Revisiting the effects of project-based learning on students’ academicachievement:Ameta-analysisinvestigatingmoderators.Educational Research Review.26.pp.71-81. De Boeck, G., Meyers, M.C. and Dries, N., 2018. Employee reactions to talent management: Assumptions versus evidence.Journal of Organizational Behavior.39(2). pp.199-213. 7