Talent Management Strategies in Travel and Tourism Organization
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Added on 2023/01/17
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This presentation discusses the concept of talent management, benefits of implementing talent management strategies, major strategies of talent management, and the impact of talent management practices on overall productivity in a travel and tourism organization.
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Table of Content •Introduction •Research aim and Objectives •Data analysis •Findings •Recommendation •Conclusion •References
Introduction Talentmanagementisconsideredasasystematisedproceduresof findingthevacantposition,recruitingappropriateindividuals, improving skill and expertise of people that are suitable for position as well as retaining them to attain long term organisational objectives
Research aim and Objectives Research Aim:“An effective talent management strategies into chosen travel and tourism organisation. A study on Trafalgar”. Research Objective: •To identify the concept of Talent management. •To analyse talent management strategies for travel and tourism organization. •To identify effectiveness of talent management strategies in an organizational context.
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Data analysis Theme 1:Concept of talent management. 1. Are you aware about the concept of talent management?Frequenc y a. Yes26 b. No4 26 4 a. Yes b. No
Theme 2:Benefits of implementing talent management strategies in an organization. 2. What are the benefits of implementing talent management strategies in an organization? Frequen cy a. Accomplishing organisational objectives.5 b. Improving Cultural Connections and Employee Engagement9 c. Retain top talent16
Interpretation: There are various benefits of implementing talent management strategies such as accomplishing organisational objectives, retaining proficient talent and others. So, as per the above graph, it has been interpreted that the main benefits for executing talent management strategies is retaining effective talent.5 916 a. Accomplishing organisational objectives. b. Improving Cultural Connections and Employee Engagement c. Retain top talent
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Theme 3: Major strategies of talent management. 3. What are the major strategies of talent management?Frequen cy a. Facilitating reward and recognise right11 b. Providing opportunities for continuous improvement.19 11 19 a. Facilitating reward and recognise right b. Providing opportunities for continuous improvement.
Theme4:Talentmanagementpracticesassistanorganizationto enhance its overall productivity. 4. Do you think, talent management practices assist an organization to enhance its overall productivity? Frequenc y a. Yes25 b. No5 25 5 a. Yes b. No
Recommendation This have been recommended that talent management is considered as one of the essential aspects for entities for selecting most proficient workforce into firm. In this respect, few types of challenges are faced through firms which are discussed below:
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Conclusion Aspertheabovereport,thishavebeenconcludedthattalent management strategies are essential within service industry as this aids them to retain the proficient workforce within entities. Moreover, project management plan are prepared to know about the resource, cost, risk and others that occurs which performing research.
References •Noe, R. A. and et. a., 2017.Human resource management: Gaining a competitive advantage. New York, NY: McGraw- Hill Education. •Oladapo,V.,2014.Theimpactoftalentmanagementon retention.Journal of business studies quarterly.5(3). p.19.