Role of talent management frameworks and future implications within organizations

Research Project
1

Contents
Introduction .....................................................................................................................................3
TASK 1............................................................................................................................................3
P1 Research proposal..................................................................................................................3
P2 Research methods, conduct primary & secondary research..................................................5
TASK 2 ...........................................................................................................................................8
P3 Primary & secondary research using suitable methods for the business research project ....8
P4 Analytical tools to analyse research findings & data ............................................................8
TASK 3..........................................................................................................................................13
P5 Communicate research results.............................................................................................13
TASK 4 .........................................................................................................................................13
P6 Reflection.............................................................................................................................13
P7 Alternative research methodologies & lessons learnt in view of outcomes ......................13
Conclusion & Recommendation ...................................................................................................14
REFERENCES..............................................................................................................................16
2

Title: Role of talent management frameworks and future implications within organizations.
Introduction
In an organization, proper management of staff member is important as it related to the
procedure of attracting as well as developing top talent to fill the vacant place. Basically, it is
strategic process that used by company to getting the right talent and at the same time also help
them to grow to their optimal capabilities by keeping organizational goals in mind. This will
support company in retaining top talent for long period of time or also reduce their employee
turnover as well (Anlesinya and Amponsah-Tawiah, 2020). Thus, it is essentail for HR manager
to give proper motivation, development and encourage them to take initiate at working area.
With the assistance of this, company can easily retain high performing employee at workplace.
This can be beneficial for organization in establishing its competitive brand image at market
place. Current research is based Starbucks, is one of famous American multinational chain of
coffee houses and roaster reserves that serve their services in over the world with the focus of
attaining competitive growth. In this company also focuses on managing their talent by placing
right people at right job role so that they give their best efforts for accomplishing their targets in
stipulated time period. It directly contributes in improving overall performance of company at
wider market place.
TASK 1
P1 Research proposal
Research aim
To investigate the role of talent management frameworks and future implications in
attaining organizational growth at market. A study on Starbucks.
Research objectives
 To understand the role of talent management in an organization.
 To determine the different strategies Starbucks can opt in managing their talent.
 To identify the issues Starbucks, face due to improper talent management at an
organisation.
Research questions
 What is the role of talent management in a company?
 What is the various strategies Starbucks can opt in managing their talent?
3

 What are the major issues Starbucks face due to improper talent management at
workplace?
Literature review
Role of talent management in an organization
According to Cascio and Boudreau, (2016), talent management is a continuous procedure
that opt by company to attract, develop engage and retain people who have ability to meet
current and future needs of company. Basically, management of talent has become a major
concern for every business organization because without managing their staff members,
company can-not be able to achieving success. In this, HR manager is responsible for
motivating, developing and engaging their employees so that they feel productive and
comfortable at working area. One of the main purpose of talent management is to establish
organization which is sustainable and high performing that meets all the strategic and operational
goals of the company. As talent management is all about recruiting right person at right position
at right time as well that provide support in improving organizational growth at market place.
Thus, it is significant for management of company to analyse or access available talent, place the
eligible people along with their best roles and finally retaining them for longer time. It may assist
in providing competitive benefits to company by which firm can established its popular image.
Mainly, overall success of company is highly based on effective management of talent because
they are the one who give their efforts for attainment of organizational goals and objectives in
given time frame.
Different strategies Starbucks can opt in managing their talent
According to Thunnissen, (2016), It is crucial activity for company to manager their top
talent by filling all the vacant place present in the business. As talent management is aimed at
improvising organizational performance by keeping employees productive and engage with
business activities. This will make a business more profitable and competitive as well. For
achieving the same, company utilize various effective strategies for managing their talent at
working area. All these can be understood by following points:
Hire only top employees: In order to managing talent at working area, HR manager is
responsible for hiring as well as selecting top talent who match will the specified job roles at
working area. By selecting best candidates’ company easily improvise their performance because
4