Implications of Talent Management in Hospitality Sector
Verified
Added on  2023/01/13
|16
|3617
|34
AI Summary
This research project aims to analyze the implications of talent management in the hospitality sector, specifically focusing on the barriers faced due to economic and operational pressure. The case study is based on Hilton hotel and includes research methodology, data analysis, research outcomes, and reflection on research methods.
Contribute Materials
Your contribution can guide someone’s learning journey. Share your
documents today.
Research Project
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
TABLE OF CONTENTS LO2..................................................................................................................................................1 P3: Research Methodology..........................................................................................................1 P4: Data Analysis.........................................................................................................................3 LO3................................................................................................................................................10 P5: Research Outcomes.............................................................................................................10 LO4................................................................................................................................................12 P6: Reflection on Research Methods.........................................................................................12 P7: Conclusion and Alternative Methodology...........................................................................13 REFERENCES..............................................................................................................................14
Aim To analyse the implications of talent management (TM) in hospitality sector and barriers for strategic approaches of TM due to economic and operational pressure:A case study on Hilton hotel. Objectives ï‚·To analysis the importance of systematic talent management. ï‚·To identify main challenges and barriers within talent management due to work and economic pressure. ï‚·To improve performance of employees through talent management in hospitality sector. ï‚·To develop specific strategies for managing talent within an organization. LO2 P3: Research Methodology Research methodology is a technique which researchers use in their research operations to search appropriate data. RM is the short form of research methodology which helpful in data collection and data evaluation. RM provides different methods or ways to a researcher to complete its research project on proper manner. Without research methodology a researcher can't achieve its research objectives in decided time period. There are qualitative and quantitative two major types of research methodology (Turner, 2018). A researcher always gives high priority to only these two methods of research. Both research methods of research methodology have been discussed below. Qualitative Method Qualitative research method is a specific scientific method which a researcher uses to observe different things together non-numerical data. Personal interview technique has used in this research project. These are too important sources of data collection. Mathematical or numerical data are not used in this type of methods. Under qualitative method is helpful in increase its social interaction values. Communication skills are highly needed to take huge advantages from this method. Quantitative Method Quantitative method is a systematic method to analyse and identify different types of statistical, computational and mathematical data. It is another form of research methodology which is useful to collect appropriate data through questionnaires, polls, surveys etc. This 1
method is very productive to collect data, because data which found through this method are always clear and accurate (Edwards, 2017).A researcherno need to give additional time to recheck data which collected by quantitative method. These are main methods under research methodology, but there is only qualitative method has been used in this researchproject. Reason is, this method always provides data in logical and realistic form. Data Collection Data collection is one of major tasks for a research project where a person uses different data collection techniques to get appropriate data. There are mainly primary and secondary data collection techniques are uses user most research projects. Primary Technique Primary data collection technique is a way for a research project where it helps to collect data through interviews, discussion and surveys etc. Secondary Technique Under secondary data collection technique which is useful in collect necessary data through magazines, newspapers, books and journals etc. These all are also great tools for collecting data. In this research project, there are both techniques have been used to data collection. Reason is, these techniques are helpful in collect data from various useful sources. Data Analysis Data analysis is a process where researchers analyse theirwhole data which they collected through various data collection methods (Azma and et.al., 2019). Under this process such activities has included inspects, clean, filter, model and transform their data to convert them in important information, decision-making support and in conclusion, etc. This is a very necessary step to under a research project, because it is helpful to compile accurate and productive data through this data analysis step. On the other side, data analysis process helps for removing such data from research project which are wrong, inaccurate and unclear. Basically this process promotes logicalness within a research project. There are majorly two types of techniques uses under data analysis process; thematic techniques and statistical techniques. But onlythematictechnique has used within this research project to analyse collected data. This 2
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
technique is too productive in systematically analyse data. This technique help in divide whole data in different themes. Sampling Sampling is a process which provides various sources as a sample to collect necessary data for their research project, like; products, employees, and objects etc. These are some main sources which very helpful in providing appropriate data for research work. In this case, there are probablyandnon-probablytwomaintechniquesofsampling,butrandomsampling techniquehas used in this project. Under this technique, 10 random employees ofHilton hotel have chosen to take their interview or to meet with them. This random sampling technique is too helpful in providing accurate data, because randomly chosen people always share true things with respective researcher (Latukha and et.al., 2016). When a researcher selects people one by one to take interviews, this attempts under research are coming under probably sampling techniques. Mainly non-probably technique uses to makeresearch projectmore logical and meaningful. Ethical Consideration Ethical consideration is most useful term under research project, because with help of ethical consideration term a researcher is able to maintain ethical environment within its research project. On the basis of ethical consideration, a researcher is responsible respect emotions, motives, mind-set of people. It needs to create a safe and comfortable zone for employees when it takes interviews of them. Many times people share their personal things with researchers, in which researchers need to avoid share those personal things with others. Need to ask only such questions in interviews or meeting which not harm feelings of other party (Llamas, 2018). These all ethical terms have been followed within activities of this research project. P4: Data Analysis Data Collection Questionnaire Name Age Gender (1) Do you think talent management helps in achievements of various factors in Hilton hotel? ï‚·Productivity 3
ï‚·Employee retention ï‚·Competitive advantage ï‚·All the above (2) Are you satisfied with existing strategies of talent management of your organization? ï‚·Yes ï‚·No ï‚·Not sure (3) Do you think top-level management of Hilton hotel promote and support talent within its business environment? ï‚·Highly agree ï‚·Agree ï‚·Not sure ï‚·Disagree (4) In your opinion how doeseconomic and operational pressure affect talent management strategies of your company? ï‚·Positively ï‚·Negatively ï‚·Neutral (5) In your opinion, which is the main barrier of talent management? ï‚·Improper communication ï‚·Poor strategies ï‚·All the above (6) In your opinion, which one of the following is the best talent management strategy followed by your organization? ï‚·Promotion strategy ï‚·Effective selection strategy ï‚·Retention strategy Data which collected by this questionnaire is helpful in understanding the value of talent management within hospitality sector. Data was collected by 10 employees ofHilton hotel. Data Analysis 4
Theme 1: Talent management helps in achievements of various factors Q1. Do you think talent management helps in achievements of various factors in Hilton hotel? Frequency ï‚·Productivity2 ï‚·Employee retention2 ï‚·Competitive advantage1 ï‚·All of the above5 Total10 Interpretation:According to employees within Hilton hotel, talent management plays great role in the hotel. Currently hotel is able to take huge advantages from the proper talent management. 2 out 10 employees have said talent management is important in increasing productivity of hotel. Then next 2 said that talent management is important in increasing employee retention, 1 employee said that it is helpful in gaining competitive advantage. Lastly, rest 5 out of 10 said it is important in achievement of all organisational objectives or factors. Theme 2: Strategies of talent management 5 20% 20% 10% 50% Role of talent management Productivity Employee retention Competitive advantage All of the above
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
Q2. Are you satisfied with existing strategies of talent management of your organisation? Frequency ï‚·Yes7 ï‚·No1 ï‚·Not sure2 Total10 Interpretation:According to data, most employees are satisfied with current strategies of talent management, because 7 employees out 10 agree with this statement. On the other side, 1 said no and 2 said they are not sure, so conclusion is most employees are satisfied. Theme 3: Contribution of top-level management Q3. Do you think top-level managementof Hilton hotelpromote and support talent within its business environment? Frequency ï‚·Highly agree5 ï‚·Agree2 ï‚·Not sure1 ï‚·Disagree2 Total10 6 70% 10% 20% Strategies of talent management Yes No Not sure
Interpretation:Half employees out of 10 confidently said that, top-level management of Hilton hotel promote and support talent management within its business environment. 2 are just agree with this statement and 2 are disagree. Lastly rest 1 is not sure, so almost 7 out 10 employees said, management really promote and support talent management. Theme 4: Economic and operational pressure affect talent management Q4. In your opinion how doeseconomic and operational pressure affect talent management strategies of your hotel? Frequency ï‚·Positively3 ï‚·Negatively3 ï‚·Neutral4 Total10 7 50% 20% 10% 20% Contribution of top-level management Highly agree Agree Not sure Disagree
Interpretation:Accordingto3out10employees,economicandoperationalpressureis positively affect talent management strategies within the hotel. 3 said, this pressure is negatively affect talent management and rest 4 said pressure is not affect talent management within Hilton hotel. Theme 5: Main barrier of talent management Q5.Inyouropinion,whichisthemainbarrieroftalent management? Frequency ï‚·Improper communication3 ï‚·Poor strategies1 ï‚·All of the above6 Total10 8 30% 30% 40% Affect of economic and operational pressure Positevely Negatively Neutral
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Interpretation:There are various barriers existing in the business environment which negatively impact talent management. According to 3 employees, improper communication is the biggest barrier of talent management, 3 said poor strategies are main barrier. Lastly, 4 out of 10 said both are main barriers of talent management, so top-level management is responsible to remove such barriers from their workplace. Theme 6: The best talent management strategy Q6. In your opinion, which one of the following is the best talent management strategy followed by your organisation? Frequency ï‚·Promotion strategy4 ï‚·Effective selection strategy4 ï‚·Retention strategy2 Total10 9 30% 10% 60% Main barrier of talent management Improper communication Poor strategies All of the above
Interpretation:Hilton hotel uses variousstrategies in their operations to systematically manage talent. For example; promotion strategy, effective selection strategy and retention strategy etc. In this case, 4 employees said that promotion strategy is the best strategy of talent management. Next 4 said that, effective selection strategy is the best one, and lastly rest 2 said retention strategy is the best talent management strategy. LO3 P5: Research Outcomes According to research data, currently talent management plays great role in hospitality sector. It is very helpful to a company within this sector to get an effective workforce. Employees are able to improve their skills and performance through talent management. This research data was collected from 10 employees of Hilton hotel. Some necessary questions were asked those employees about talent management. They have shares their point of view on this topic. Most employees has said, talent management within hotel give them opportunity to be more skilled and talented (Turner, 2018). On the basis of this data, each company within hospitality sector should employ various strategies of talent management in their workplace. This will enable to both employee and employer for increasing their own value in daily life. This is necessary to increase employee retention as well. Employee retention is important task to management of any organization, because this gives opportunity to management for holding talent workforce within their business environment. Some employees said that, economic and operational pressure negatively impact their talent at their job role. Top-level management of this hotel should create that type of environments where its employees happily put their huge efforts. 10 40% 40% 20% Best talent management strategy Promotion strategy Effective selecation stretagy Retntion strategy
Management need to avoid put pressure on their employees, because this type of attempts always decreases an employee's talent. According to research, some barriers are also existing within an organization which negatively affect talent management processes. For example; improper communication and poor strategies are main barriers in talent management. In this case, top-level management in each company should remove these barriers to systematically manage talent within workplace. There is bad relationship between employee and employer also another reason behind poor talent management (Wadhwa and Tripathi, 2018). Human resource management of a company need to maintain effective relationship between employee and employer. It is necessary task to improve all over performance of organization. Currently there are huge competition in the hospitality sector, so businesses now focused on hiring talent employees in their workplace. But businesses has opportunity to find extra ordinary talent from their existing employees. Proper talent management is an only way to find specific talent from present employees. On the other side, poor strategies is also a big barrier within talent management procedures, because a company need to develop some effective strategies of talent management run it on progressive path. When a company uses ineffective strategies of talent management, then it'll not able to get great results in their daily operations. Most employees within Hilton hotel completely understand the value of talent management. They accept that, this management is main reason behind their current high work efficiency. In the case of Hilton hotel, its top-level management fully promote and support talent within their workplace. Other businesses under hospitality sector should learn this thing from management of Hilton hotel. Management is only responsible body which take decisions related to talent management. In this case, management within other companies are also needed to take some productive decisions towards managing talent (Latukha, 2016). Currently Hilton hotel is gaining huge competitive advantage in hospitality sector with support of talent management. Reason is, its management is too aggressive towards implementing different strategies of talent management. Currently promotion strategy, effective selection strategy and retention strategy are some major strategies which this hotel is using to properly manage talent in its business environment. Many times its management give rewards and appreciation also to those employees who are very talented. Employees feel valued by these steps of management in Hilton hotel. Promotion, rewards, appreciation are increase dignity of an employee. In this case, an employee 11
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
with high dignity enables to increase its level talent. At the end, every company in the hospitality sector is need to promote and support talent within their workplace to increase their all over performance. LO4 P6: Reflection on Research Methods Data which has mentioned in this research project was collected through various methods research methodology like qualitative method, primary or secondary data collection method, thematic technique and random sampling method. Qualitative method has helped in collecting different data from different sources. This method gave opportunity to improve interaction values as well (D'Annunzio-Green, 2018). Another one is thematic method, this method also has played great role in this project. Reason is, all data was arranged in systematic themes with the support of thematic method. Many times a researcher need to divide its collected data in different themes to analyse them deeply. Theme shows various research data in proper manner. These methods are helpful in improving interaction values as well. Reason is, a person who research data for project is always needed to meet different people. That's why effective interaction values has required to collect data from different people. Primary and secondary data collection methods are excellent data collection methods which provides different tools to complete this research project. These techniques are too important for any research project. In this project, only personal interview has taken to collect data. These all techniques or methods are too excellent but these still needs to be improved. When these methods become more improved, then accuracy of research data within a project will more improve. Improvement in methodology is very important task to make a research project more productive and informative. Currently in random sampling method a researcher need to meet with other party physically, but when this method will improve then it able to take online interview as well. Improvement in methods is necessary to save lots of time and cost of a research project. There is qualitative method under research methodology gave great support in data collection process (Cappelli and Keller, 2017). This method has shows different ways to search different data related to talent management. Mostly these methods are uses within each research project, because these are enough to find specific data which required for a research project. Continuously improvement necessary in these methods to get more effective research results. 12
P7: Conclusion and Alternative Methodology It can be concluded that talent management plays extra-ordinary role in success of every business. Companies within hospitality sector should focus on taking huge advantages from talent management. There is qualitative research method has used in this research project, but its alternativequantitativemethodisalsotooproductiveincompletingaresearchproject. Quantitative research method gives opportunity to collect data from different mathematical and statistical tools. It is the finest method which will help in future research projects to collect data. Many researchers use this method also to complete their project, so this is another appropriate method option after qualitative method. According to this research data, management of Hilton hotel need to improve level of talent management in their business environment. Current talent management strategies are well, but it'll able to achieve more competitive advantage by improving these strategies. Each company within hospitality sector need to properly manage talent in their workplace to build large customer base in this sector. 13
REFERENCES Books and Journals Azma, F., and et.al., 2019. Investigating relationship of talent management and organizational entrepreneurship.International journal of life sciences & earth sciences.2(1). pp.25-37. Cappelli, P. and Keller, J. R., 2017. The historical context of talent management.The Oxford handbook of talent management, pp.23-42. D'Annunzio-Green, N. A., 2018. Is talent management a strategic priority in the hospitality sector?.Worldwide Hospitality and Tourism Themes.10(1). pp.2-130. Edwards, M. R., 2017. Employer Branding and Talent Management.The oxford handbook of talent management.pp.233-248. Latukha, M., 2016. Introduction: The Next Wave of Emerging Talent. InTalent Management in Emerging Market Firms.(pp. 1-11). Palgrave Macmillan, London. Latukha,M.,andet.al.,2016.Re-thinkingtheroleoftalentmanagementinafirm’s performance: Talent management practices and absorptive capacity. Turner, P., 2018. The Boundaries of Talent Management. InTalent Management in Healthcare. (pp. 65-95). Palgrave Macmillan, Cham. Turner,P.,2018.TheTalentManagementEvolutionMatrix.InTalentManagementin Healthcare.(pp. 97-126). Palgrave Macmillan, Cham. Wadhwa,S.andTripathi,R.,2018.Drivingemployeeperformancethroughtalent management.International Journal of Environment, Workplace and Employment.4(4). pp.288-313. Online Llamas, C. 2018.The importance of talent management and why companies should invest in it. [Online]. Available Through: <https://www.humanresourcesonline.net/the-importance- of-talent-management-and-why-companies-should-invest-in-it/>. 14