Talent Management Strategies in Primark

Managing the successful
project
1

Table of Contents
LO 1.................................................................................................................................................3
P1 Devise project aims and objectives.........................................................................................3
P2 project management plan........................................................................................................4
P3 work breakdown structure and a Gantt Chart.........................................................................5
LO 2.................................................................................................................................................7
P4 Small scale research for aims and objectives.........................................................................7
LO 3.................................................................................................................................................9
P5 Analyse research and data......................................................................................................9
P6 Communicate appropriate recommendation.........................................................................17
LO 4...............................................................................................................................................17
P7 Reflect on the value of undertaking research.......................................................................17
REFERENCES..............................................................................................................................19
Appendix........................................................................................................................................20
2

LO 1
P1 Devise project aims and objectives
Every organization recruit and hire talented and experience people. For that they apply
various types of recruitment strategies. It is because strategy enable in hiring right candidate for
right job role (Crane & Hartwell, 2019). Moreover, staff must possess relevant skills and
knowledge so that job roles are performed by them. Besides that, HR is main pillar of an
organization. They need to retain and attract a lot of people so that goals are attained. However,
retaining of staff is necessary as it helps in gaining competitive advantage in industry and also
positive culture is developed. The use of strategy depends on company needs. Moreover, concept
of talent management consists of many things such as hiring, motivating, performance appraisal,
retention, etc. of staff. So, it is responsibility of HR to apply different practices of talent
management. Besides, it is important to attract more people as it brings in new talent and
creativity (Claus, 2019. ).
It is important for firm to hire right people a right place. Also, they need to give training
to them so that tasks are performed in effective way. There is also need to encourage staff
continuously so that they can be retained for long term. Talent management is a wide scope and
area which is entirely based on employee management. Furthermore, TM plays significant role
for firm as it results in increasing employee performance and efficiency. In addition, it results in
enhancing overall organization productivity (Tafti, et al., 2017.). There are many companies who
invest a lot of amounts in TM. This enables them to attract new talent and retain them.
Apart from it, TM strategies include doing job description, specification, etc. Here,
strategies must be aligned with company goals so that it becomes easy to achieve it. Besides,
overall success of business depends on HR as they perform tasks and accomplish goals.
Furthermore, there is a particular process which is followed in TM. The stages are planning,
attracting, selecting, developing and retaining. Each step is dependent on one another and it
makes things easy to recruit the best talent. It entirely focuses on evolution of individual staff.
Also, there is need to provide benefit as well to staff. The strategy is developed on basis of needs
of firm. It has become an integral part of business. Within strategy there are certain practices
included in it as well. This enables to identify which staff is best suited for job role. Also, it
shows that what step is to be followed and where. Then, further process is based on that strategy
(Krishnan & Scullion, 2017).
3

Aim — What talent strategies do the companies used to attract and retain people? A case study
on Primark.
Objectives –
 To evaluate concept of talent management
 To analyse impact of talent management on retention of staff
 To determine various strategies in talent management
Research questions
 What is concept of talent management?
 How talent management impact on retention of staff?
 What are various strategies in talent management?
P2 project management plan
For carrying out research there is need to identify various elements of project which will
help in conducting it in effective way. Thus, the elements are defined as below :
Cost – this is an essential component that enables in allocation of resources. Cost is required to
travel, stationary items, etc. increase in cost also results in increasing time of study. For this
project total cost required will be. €2500.
Time –It is also crucial element as it provides an estimation of time in which research will be
completed. The schedule is developed and roles are assigned. Hence, here project will be
finished in 2 months.
Scope – this study will show what are recruitment strategies which is followed by companies.
The project will only focus on it and will not discuss any other topic or subject in it (Pandita &
Ray,, 2018.)).
Quality – It is necessary for scholar to maintain quality of data so that effective outcomes are
generated. Also, it helps in securing of data and information. Hence, data is stored in database
and quality is maintained by setting standards.
Communication – An effective communication is required to conduct study. For this e-mail and
meeting will be used in formal communication.
4

Risk – The risk assessment will be conducted to identify risk. Then, accordingly proper
measures will be taken to mitigate it. Here, risk can be delay in completion, lack of resources,
etc.
Resources- There are various resources required like HR, finance, computer system, etc. in
research. Thus, better and efficient resources aids in doing study in better way (McDonnell &
and et.al.,, 2017).
P3 work breakdown structure and a Gantt Chart
Activity 1 to 2
Week
2 to 3
Week
3 to 5
Week
5 to 6
Week
6 to 7
Week
7 to 8
Week
8 to 9
Week
9 to 10
Week
10 to
11
Week
11 to
12
Week
5

Identify
research topic
Review of
Literature
Drafting
Methodologies
Complete
Proposal
Designing
questionnaire
Collection of
data
Analysing data
and
interpretation
Discussion and
Conclusion
Submission
Task Name Duration Start Finish
Identify research topic 3 days Tue 2/2/21 Thu 2/4/21
Review of Literature 4 days Fri 2/5/21 Wed 2/10/21
Drafting Methodologies 3 days Thu 2/11/21 Mon 2/15/21
Complete Proposal 2 days Tue 2/16/21 Wed 2/17/21
Designing questionnaire 4 days Thu 2/18/21 Tue 2/23/21
6