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A study on talent management and employee performance at Tesco

   

Added on  2023-01-06

38 Pages9846 Words34 Views
RESEARCH REPORT
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TABLE OF CONTENTS
LO1..................................................................................................................................................3
INTRODUCTION...........................................................................................................................3
Background......................................................................................................................................3
Rationale..........................................................................................................................................3
Significance.....................................................................................................................................4
MAIN BODY..................................................................................................................................5
LO2..................................................................................................................................................8
P3. TOPIC....................................................................................................................................8
DATA ANALYSIS.....................................................................................................................8
P4 FINDINGS AND CONCLUSION.......................................................................................22
LO3................................................................................................................................................22
P5. Recommendation.................................................................................................................22
LO4................................................................................................................................................23
P6 Reflective writing:................................................................................................................23
P7Alternative Research type:....................................................................................................24
REFERENCES..............................................................................................................................25
APPENDIX....................................................................................................................................27
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LO1
TITLE: - A study to evaluate the roles of talent management on employee performance of Tesco.
INTRODUCTION
Talent management plays a very important role in the business and it is important for the business to
develop the talent and proper training for the management so that they can improve the working of the
business and develop their performance of the business and it need a proper process of HRM to
develop the talent management in the organization (Khoreva, Vaiman and Van Zalk, 2017).
Aim –
To analyse impact of talent managing practices on workers by Human resource department of
Tesco.
Background
Talent management plays important role in changing business sphere of the country. There are various
kinds of practices related to its use by Human resource department of retail industry which help in
increasing customer satisfaction level. From last decade there is rising chances of workers leaving
firm because of various reason such as company unable to competitive price, no opportunities etc.
Objective
To study concept of talent management practices use by HRM
To identify methods for enhancing practices involved in talent management in Tesco.
To evaluate impact of talent management practices on workforce by HRM of Tesco
To analyse challenges face by the firm in implementation of talent management practices.
Research Question
What is the impact of talent managing practices on workers by Human resource department of
Tesco?
Rationale
Tesco Is focusing a lot in their talent management activities so that they can help in improvement of
business. Managing of various techniques in the business and still unable to develop a better
performance in the organization. It is very important to have the research on the topic ads it can help a
lot of people and it is important to have a good understanding of the talent management in Tesco so
that the organization can enhance their working and get all the objective done.The main reason
because of which this topic has been selected is because today most of the organizations are facing
issues in terms of employee satisfaction and due to this most of the organizations are facing employee
satisfaction issues and as a result their employee turnover is increasing. Due to this importance of
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talent management practises has increased within organizations. This is one of the main reason
because of which this topic has been selected.
Significance
It is very important to have good research on this topic as it is important for the organization to work
better, this research will help a lot of the readers and the people who want to take a good
understanding about the topic. Another significance of study is that it will help company to make
changes in their culture, performance, etc. to enhance employee performance. Besides that, in future
another authors and researcher can also do in depth study on this topic and find out relationship
between impact of talent management practices on employee performance.
Literature Review:
As said byPatrick, (2019), every organisation is required to manage and retained their
employees so that they can gain competitive advantage in industry. Thus HR perform talent
management concept in which focus is on improving employee efficiency, train them, do performance
review, etc. these all enable in increasing their efficiency. The turnover of employees is well
maintained because they employees are well understood and improvement in the company is made
according to them so that there is going to be better functioning and support and trust of the
employees. Talent management is going to help the employees also find a balance between personal
and professional life as well as satisfaction with the work they are doing in the organization which is
going to make the organization have strong operations. There are a lot of opportunities which the
employees of the organization are going to find if there is going to be effective talent which is being
maintained in the company because the employees use their talent to get the tasks done. The tasks are
going to be achieved after which means the objectives and goals are going to be achieved and that is a
great factor for Tesco because is able to maintain their customer and market share.
The Poisat, Mey and Sharp, (2018), suggested that talent management is one of the most
important part of the modern era business management because the issues which the organization
these days are facing is affecting the business objectives and goals due to low retention rate and other
issues the employee are facing. The management need to retain the best for their talent so that they
can control the impact on the business which can lead to other failure in business need to be
controlled.
As per the view of Mohajan (2018), Talent management is important for organization so that
they can make the best resources in HRM process and develop the Talent for the organization to
improve the working of the business. Better talent improves the higher satisfaction in the business
working and better employee with great talent is always profitable for the business. Talent need to be
improved in business so that they can improve the working and also develop the process in which they
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can make sure that they are providing the proper training and development in the organization.
According to the Ørngreen. and Levinsen (2017), the process of talent development and training is
one of the most important part of business so that the process of development in business. The
employees need to performance according to the expectations of the management which is present in
the organization.
According to the Deters, (2017), it is critically analysed that the process of talent management
need to be done in the prominent ways so the process of developing the retention and increasing of
effectiveness into the management can be obtained. The organization need to make sure that they
create a great career development offering to the employee. The Farndale, Morley and Valverde,
(2019), feels that the talent management can be beneficial as well as can be negative for the
organization if the personal grievances take place into workplace. It is important to maintain the
working culture so that employees can rely on the organization and improve performance in
development of the business for the organization. Prioritize results is one of the practices that can
make a huge impact in the business and it can also enhance the business performance which can
further lead to development in better results.
Rostam, (2019) suggested that it is important practices for the business as they can lead to a lot
of changes into the working of the business which can lead to a lot of things in the business. The
impact of the talent management help in sustainability of the business and performance of the
organization which is one of the major responsibility of the business. They can utilise the talent
management to create the best of the talent into the organization and achieve business objective by
talent. It also help the organization in minimizing the training and development cost on the new
employee the organization expense. It can be critically analysed that the talent management provide a
great impact on the retention of the employee and providing them with good opportunities in career
but on the other hand there are issues which employee faces in the business due to the inefficiency of
the management and the working culture which impact the behaviour of the employee and caused
negative performance towards the organization.
MAIN BODY
Research Methodology
Research Methodology is the process in which they perform all the research activity of the
research include the process in which they perform the activities. Research methodology refer to the
process in the research type is being discussed and explain the process of research as what research
type is being done by the researcher in their research. Research methodology also include the data
analysis and the process of data collection. The collection method and the ways the research is being
done in the data factors with all the collection of data from various ways. The ethical consideration of
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the research and the consent form is also including in the research methodology (Krishnan and
Scullion, 2017). The limitation of the research is being mentioned in the methodology which include
the working limitation the researcher gets in the research process and the limited time and resources in
which they perform best for the company. At last methodology include the validity and reliability
which provide the declaration of reliable data and valid data is used in research. The research is done
on 20 respondent of Tesco and the process of all the data and the research is done by the researcher on
20 respondent to get the actual situation and find the best ways to overcome things if they are lacking
at any place. Research Type: Research type is the process of doing the research in a particular way. The
research type is of two type, the one is Qualitative and the other one Quantitative. Qualitative
type of research includes the research which have a human touch in it (Ngozwana, 2018). The
qualitative research refers to the process in which the research is done on the human beliefs
and their psychology. The researcher has chosen the qualitative type of research. This is
because the present study requires the researcher to study the impact of talent managing
practices on workers. Qualitative research has helped to incorporate the human experience. Research Approach: Research approach refer to the ways of approaching to a research and it
is the process in which the research approach to the topic and find ways of doing the research.
There are two type of research approaches, Inductive and deductive approach. Inductive
approach is done on the human beliefs and on the other hand the deductive approach of the
research is done on the numerical data. The research is doing the qualitative type of research
and so that the researcher has chosen the inductive approach of research in it. The researcher is
taking inductive approach on the given topic because the it provided human belief and also
facilitated in gaining theoretical data for the process. With the inductive approach the
researcher was able to create new theories of working on the topic of impact of talent
management. Research Philosophy: Research philosophy deals with the source, nature and the
development of knowledge. The research philosophy in simple words Is a process of colleting
the data and doing the process of working(Taherdoost, 2016). Research philosophy is the
process of philosophy in the working of research and they are of two type of research
philosophy in the research methodology. They are interpretivism and positivism. In the
research the researcher has chosen the Interpretivism philosophy of working in research. The
researcher has chosen this philosophy because it involves the human interest into the study of
the topic and the researcher is focusing on the topic with finding human belief on topic. Data Collection: Data Collection is the process of collection of data in the research process
and it is done in two ways, the primary and secondary collection of data. The researcher has
used both type of research in the data collection process, both primary and secondary data are
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collected. The primary and the first-hand data has been collected through survey is done
in the research because it provide high representativeness and also provide convenient data
gathering. Questionnaire has been used as the research instrument. On the other hand the
secondary data was collected from journals, articles, books, online articles. Questionnaire are
done because it is inexpensive and are quick in working. Data Sampling: Data sampling is the process in which the researcher works in the process of
sampling of data and make different sampling process in the data which is collected in the
previous working. For the present study, the researcher has chosen the simple random
sampling and the purposive way of sampling. It provide ease in use and also help in finding
the accurate data representations. The data sampling is done on the basis of the size and the
numbers of the respondents for the given topic.Data collection is done on a sample size of 20
respondents. These are the employees working in the organization and they have provided all
the required data to the researcher. Data Analysis: Data analysis refer to the process of research methodology in which the
researcher analyses the sampled data in the process of research on Tesco. The researcher has
analysed the data from the collected and sampled data of the company. Data analysis process
can be done in many ways (Zangirolami-Raimundo, Echeimberg and Leone, 2018). The
researcher has chosen the thematic way of data analysis in the research as the research is done
in qualitative research type and approach. The research is done on qualitative approach so that
is the reason the researcher chooses the thematic way of analysis. It provides better details and
also does not require detailed theoretical and technological knowledge in providing research. Ethical Consideration: Ethical consideration refer to the process of working in the ethical
manner when doing the research in the research process. It is important to work in the best
ethical manner so that the research can be trusted and can be reliable. Ethical consideration is a
part of the research methodology which provide that the working of the researcher is done in a
proper manner and the process is being followed properly. In ethical consideration of the
research the researcher asked to fill the consent form from the respondent which gives the
proof that the researcher have not forced the respondent in filling the form or it is not the
actual data. The consent form is filled and declare by the respondent providing the information
by them and the declaration provide the ethical way of working and not done on the forceful
manner by the researcher. RM Limitations: Research methodology have a lot of limitation in the process but in this step
the researcher provide the information that with all the limitation in the resources and time
period of the research. The research is being done in the best way and provided all the
necessary details in the research by the researcher. The research provides all the information
with proper presentation and is done in the given time slot and resources. The utilization of the
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time and resources by the researcher is done in a complete way to provide the research in
given resources (Snyder, 2019).
Validity and Reliability: Validity and reliability is the last step of the research methodology in
the research by the researcher. Validity and reliability need to be proven in the process of
working as it is important for the company to get the result in reliable research. Validity proof
the valid sources and data in the research by the researcher and in the reliability they provide
the reliable resource and data with the proof that all the data and sampling of the research and
all the research is done under the reliable sources and is also done with proper ways of
research methodology by the researcher.
Timeline
Activity/Week 1st 3nd 7rd 10th 12th 14th 17th 19th 21th 24th
Type Selection
Literature
Review
Research
Methodology
Sampling
Questionnaire
Preparation
Collecting data
Data Analysis
Data
Rechecking
Final Report
Timeline of the research shows the details in which the work of the research is done by the researcher
in the given time period and also the process of steps of the research done by the researcher.
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