Impact of Effective Talent Management Strategies for Organisational Success

This research proposal explores the impact of effective talent management strategies on organisational success, using TESCO as a case study. It aims to evaluate the concept of talent management, determine the strategies for organisational success, identify challenges in talent management, and propose strategies to overcome them. The research methodology includes a survey of 50 TESCO employees. The findings will contribute to understanding the importance of talent management in enhancing performance and productivity.

Talent Management
Research Proposal
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Topic:Talent Management...............................................................................................................3
CHAPTER 1: INTRODUCTION....................................................................................................3
Aims & Objective...................................................................................................................4
Problem statement..................................................................................................................4
CHAPTER 2: LITERATURE REVIEW.........................................................................................5
CHAPTER 3: RESEARCH METHODOLOGY.............................................................................8
Ethical consideration..............................................................................................................8
Time Horizons.................................................................................................................................9
REFERENCES..............................................................................................................................11
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Topic:Talent Management
CHAPTER 1: INTRODUCTION
This research proposal is conducted on the concept of talent management which is a
continuous process which involves practices related to attracting and retaining highly talented
employees enhancing their skills with the help of continuous motivation and improving their
performance. The major purpose of talent management is to provide proper motivation to work
force in order to make them stay in organisational workplace (Gallardo-Gallardo and et. al.,
2020). Talent management plays an essential role that allow organisation to engage their
employees while enhancing their skills and performance at great extent. It will allow companies
to assure higher consumer, satisfaction, business performance and long-term profitability. Talent
management is a strategic approach which aimed towards attracting, on boarding, developing,
motivating and retaining high performing employees in order to enhance organisational
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performance and productivity at great extent. Present research covers research aim, objectives,
and literature review and research methodology
Rationale
Present research proposal is conduct on the impact of talent management strategies impact
upon organisational success of TESCO. Company is operating its business operations in retail
industrial sector and provide wide range of goods and services to customers, In addition to this it
has been identified that with the assistance of talent management approach organisation can
effectively engage in the process of recruiting highly talented employees and providing different
training practices to existing ones in order to enhance their daily basis for higher organisational
productivity. With the help of talent management approaches and practices, company can
effectively determine the need for human capital and can further meet them in an effective
manner. Talent management is mainly concerned with proper coordination and management of
various talented individuals and strength and organisational process. Talent management play
most important role in enhancing business growth as well as consumer satisfaction. Present
research analysis is being conducted on the aim of the impact of effective talent management
strategies for success of organisation. The rationale behind choosing this research presentation is
to determine the impact of effective talent management strategies for success of company.
Aims & Objective
“To identify the impact of effective talent management strategies for success of
organisation”. A case study of TESCO.
Research Objectives:
 To evaluate the concept of talent management.
 To determine the impact of effective talent management strategies for organisational
success.
 To identify the challenges or issues that organisation can face during talent management.
 To determine the strategies through which issues of organisation can overcome the issue
of talent management.
Research Questions:
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 What is the concept of talent management?
 What is the impact of effective talent management strategies for organisational success?
 What are the challenges or issues that organisation can face during talent management?
 What are the strategies through which issues of organisation can overcome the issue of
talent management?
Problem statement
Present research report has been conducted on the aim of the impact of talent management
strategies for organisational success. It has been evaluated that organisation is facing issue
related to increase in labour turnover due to lack of motivation and job satisfaction among
employees.
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CHAPTER 2: LITERATURE REVIEW
Notion of talent management
As per the view point of Berger (2020), human resource plays an essential role in
organisational workplace structure. This department is engaged with the process and role of
managing employees, relation, payroll on boarding, talent acquisition and more. It has been
identified that, talent management is defined as a continuous process that include different type
of practices such as retaining, developing and continuously monitoring performance and
productivity of employees. Main aim behind this is to enhance their productivity at great extent
in order to accomplish organisational goals and objectives in a well-defined and effective
manner. It is one of the most effective and essential factor that allow an organisation to
effectively manage their assets while maximizing value of employees. It has been identified that,
talent management provides an organisation with the advantage of managing employees in a well
defined and effective manner while developing their capability and skills on continuous basis.
With the help of strategic talent management practices organisation can get an opportunity to
effectively attract highly talented as well as skilled employees. This in turn provides organisation
with advantage of enhancing business performance in respective industrial sector. It has been
identified that talent management allow organisation to attract top talent while motivating
employees at great exchange (Leggat, Liang and Howard, 2020). In addition to this, with the
help of different type of talent management practices organisation can enhance performance of
employees. Talent management also allow an organisation to engage employees in a systematic
manner through which motivation of employees can be enhance at great extent.. Talent
management provides organisation with the advantage of making employees feel motivated,
engaged and skilled. With the help of this organisation can effectively maximize the consumer
satisfaction as well as this growth. It also helps company to enhance their brand image in
respective industry.
Impact of effective talent management strategies for organisational success
As per the viewpoint of Al Aina and Atan (2020), talent management is committed to
hiring, managing, developing and maintaining excellent and most talented employees in an
industry. Talent management plays essential role in business strategy through which organisation
can effectively manage their employee’s capabilities and skills in an effective manner. With the
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help of taking advantage of different type of effective talent management strategies organisation
can significantly assure their success. With the assistance of different type of strategies like
providing training to employees, engaging them and providing motivation organisation can
effectively provide motivation to employees and can make them stay for long period of time.
Talent management allows businesses to enhance performance of employees through which
overall productivity of organisation can be enhance in an effective manner. It has also been
identified that, employs engagement is one of the best effective strategy of talent management
that allows organisations to engage each and every employee in decision making process of
organisation (Anlesinya and Amponsah-Tawiah (2020). With the help of this company can
enhances sense of belongingness among employees In addition to this, it has been identified that
with the help of different type of onboarding practices company can effectively improve
performance of business. It helps an organisation to provide higher consumer satisfaction that
automatically enhances brand image of company in retailing industry. With the help of different
type of talent management practices as well as strategy organisation can drive innovation and can
assure more competitiveness in respective industrial segment. It helps the company to form
productive team while decreasing overall turnover (Swailes, 2020). Furthermore, it has been
identified that with the help of various form of talent management strategies organisation can
develop stronger relationship with employees through which organisation can enhance their
overall productivity as well as profitability in a well defined and effective manner.
Challenges or issues that organisation can face during talent management
According to the viewpoint of Harun, Mahmood and Othman (2020), talent management
help an organisation to enhance performance and productivity of employees at great by offering
them regular training. However, in this process organisation can face number of issues as well as
challenges that can affect effectiveness of their talent management. In has been identified that
higher total compensation, unappealing company culture, increased employee turnover, lack of
leadership are some of the challenges that can affect organization effective talent management
practices. In addition to this, it has been identified that recruitment and selection, emotional
stability of employees, performance appraisal, and dealing with trade union are some of the
certain challenges of talent management that can be faced by organisation (Muriithi, 2020). It is
essential for an organisation to take advantage of different strategies such as regular training,
employee engagement, gap analysis and more as well as practices in order to tackle the
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challenges in talent management, as to effectively enhance performance of employees. It will not
only allow company to maximize profitability at great extent but also allow them to effectively
enhance talent management practices effectiveness in a well define and effective manner. There
is different type of issues such as poor hiring issues, employee turnover, ineffective leadership
and inexperience with technology as well as challenges of talent management, but with the
assistance of various practices and strategies company can overcome them in an effective
manner.
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CHAPTER 3: RESEARCH METHODOLOGY
In context with present research Positivism form of research philosophy is being
implemented in order to conduct research with more orderly and viable arrangement of study to
accomplish set goals (Tamunomiebi and Worgu, 2020). Alongside this, utilization of deductive
form of research approach is additionally made to guarantees and have better testing and
checking of gathered information. Aside from this, use of survey strategyof examination is made
that guarantees assortment of exploration information from a bigger number of members with the
assistance of survey that is applied as examination instruments.
Aside from this, application and use of quantitative research methodis made for current
examination as it prompts assortment of information in numeric structure that is not difficult to
gather and present (Shet, 2020). It is so because that are based on the numerical as well as
statistics related to topic. In addition to this, the explanation behind determination of quantitative
type of exploration technique depends on the way that it lead to target type of examination which
backing better introduction and viable understanding of gathered information through utilizing
factual apparatuses and outlines that prompts more explicit and quantifiable aftereffects of
exploration. In addition to this, in order to conduct present research use of primary as well as
secondary source of data collection method is being made.
Sampling method
It is fundamentally a measurable technique that is applied by research investigator to
choose a specific number of respondents for driving out and leading an examination in a
proficient way. Regarding current examination, 50 members is being chosen structure the
employees of TESCO with the assistance of random form of sampling. In addition to this, the
utilization of questionnaire is made for assortment of information that depends on two talent
management practices that mainly comprises of regular training and development and effective
talent management strategies.
Ethical consideration
The major issues that has been encountered and faced while leading and conducting present
research comprises of privacy of collected data and maintaining authenticity. Thus, in order to
overcome and eliminate these ethical issues and use of BERA code of ethics is being undertaken.
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In addition to this, by complying with provisions of data protection act is being duly undertaken
by investigator in order to maintain proper privacy of data and proper authenticity. In addition to
this, consent and approval from of involved participants is being undertaken in order to
effectively meet ethical standards.
Time Horizons
Gantt chart:
Gantt chart is a form of bar chart that effectively illustrates project schedule and design. It
is of the most effective form of project management tool that allows an investor to engage in the
process of proper planning and scheduling of all the project task and activities in a well define
and effective manner that allows researchers to simplify complex project an accomplished
research aim and objectives in an effective manner. With the assistance of Gantt chat investigator
can accomplish project with the help of proper planning and scheduling through which they can
accomplish research activities in proper time frame.
Following Gantt chart is showing time lines and expected duration of various activities of
current dissertation:
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REFERENCES
Books and Journals
Gallardo-Gallardo, E and et. al., 2020. Talent management: context matters.
Berger, L.A., 2020. Talent Management: Handbook. MGH.
Al Aina, R. and Atan, T., 2020. The Impact of Implementing Talent Management Practices on
Sustainable Organizational Performance. Sustainability, 12(20), p.8372.
Anlesinya, A. and Amponsah-Tawiah, K., 2020. Towards a responsible talent management
model. European Journal of Training and Development.
Swailes, S., 2020. Responsible talent management: towards guiding principles. Journal of
Organizational Effectiveness: People and Performance.
Atrizka, D., Lubis, H., Simanjuntak, C.W. and Pratama, I., 2020. Ensuring Better Affective
Commitment and Organizational Citizenship Behavior through Talent Management and
Psychological Contract Fulfillment: An Empirical Study of Indonesia Pharmaceutical
Sector. Systematic Reviews in Pharmacy, 11(1), pp.545-553.
Tamunomiebi, M.D. and Worgu, V.O., 2020. Talent Management and Organizational
Effectiveness. Journal of Contemporary Research in Social Sciences, 2(2), pp.35-45.
Shet, S.V., 2020. Strategic talent management–contemporary issues in international
context. Human Resource Development International, 23(1), pp.98-102.
Leggat, S.G., Liang, Z. and Howard, P.F., 2020. Differentiating between average and high-
performing public healthcare managers: implications for public sector talent
management. Australian Health Review.
Harun, N., Mahmood, N. and Othman, S., 2020. The effect of talent management factors on
teacher’s leadership at the secondary schools. Management Science Letters, 10(1),
pp.225-234.
Muriithi, N., 2020. The Effect of Talent Management on Strategic Employee Retention in the
Banking Industry in Kenya: A Case Study of Kenya Commercial Bank (Doctoral
dissertation, United States International University-Africa).
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