Research Project - Talent Management in the service industry
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Could you please do the research project according to the Research Project Proposal which has been done from one of your writers the order number is B20782 I would prefer if the same writer do the research project
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Research Title Name A project submitted to Supervisor: Academic Year: 2018 – 2020
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DECLARATION OF AUTHORSHIP STATEMENT 1 Ideclare that this research project and the work presented in it are my own and has been generated by me as the result of my own original research except otherwise stated. Other sources are acknowledged thorough explicit references. A bibliography is appended. Signed: ……………………………………….Date: …………………………………… STATEMENT 2 I hereby give consent for my research project, if accepted, to be available for photocopying and for inter-library loan, and for the title and summary to be made available to outside organisations and that I do hereby givethe right to make available the Work. Signed: ……………………………………….Date:……………………………………
Submission Front Sheet Assignment Code: Programme: Unit Title and Number:Research Project (Unit 18) RQF Level:5 Code: Credit value:30 credits Module Tutor: Email: Date Set:14/09/2020 Student’s name Registration number
Date Learner’s statement of authenticity I certify that the work submitted for this assignment is my own. Where the work of others has been used to support my work then credit has been acknowledged. I have identified and acknowledged all sources used in this assignment and have referenced according to the Harvard referencing system. I have read and understood the Plagiarism and Collusion section provided with the assignment brief and understood the consequences of plagiarising. Signature: ______________________________Date: ___/___/_____ First Submission?Second Submission? Word Count (max.5000) Turnitin Score Complete and copy this page and add it as the front sheet to your online submission
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Dedication This is where expression of friendly connection or thanks by you towards any important person are done.
Acknowledgement At the starting, I would resemble to thank all the people and guides who have helped and sustained me in accomplishing this investigation alongside with their leadership and inspiration. I also desire to be grateful the team of Travelodge that assisted me in progressing with my investigation document and providing their period and adequate effectiveness to load all the structures. Along with this, I want to be grateful all my friend and families who motivated and supported me when I was working with the investigation projection.
Abstract The purpose of the research is to develop production execution by activities that form employee more creative. The objective of the investigation document is to provide the information about talent management that how venture management talented workforce. The research problem is to manage skilled work force with the organisation which motivates the project. By using several methods of research like qualitative and quantitative, research problem will be managed and data if evidence will be collected through primary and secondary source of data collection. The significance of this research is that by analysing the information of project, the information about talent management abilities and techniques can be determined. By considering them, a business venture can manage skilled workforce within the firm. Table of Contents
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DEDICATION....................................................................................................................................................................5 ACKNOWLEDGEMENT......................................................................................................................................................6 ABSTRACT........................................................................................................................................................................7 LIST OF TABLES...............................................................................................................................................................10 LIST OF FIGURES.............................................................................................................................................................10 CHAPTER ONE................................................................................................................................................................10 1.0INTRODUCTION.....................................................................................................................................................10 1.1 RESEARCH BACKGROUND.........................................................................................................................................11 1.2 STATEMENT OF RESEARCH PROBLEM........................................................................................................................11 1.3 RESEARCH AIM.........................................................................................................................................................11 1.4 RESEARCH OBJECTIVES.............................................................................................................................................12 1.5RESEARCH QUESTIONS..........................................................................................................................................12 CHAPTER TWO – LITERATURE REVIEW............................................................................................................................13 2.0 INTRODUCTION........................................................................................................................................................14 2.1 THEME (1)................................................................................................................................................................14 2.1 THEME (2)................................................................................................................................................................15 2.1 THEME (3)................................................................................................................................................................15 2.1 THEME (4)................................................................................................................................................................16 2.1 THEME (5)................................................................................................................................................................17 CHAPTER THREE – RESEARCH METHODOLOGY................................................................................................................17 2INTRODUCTION.....................................................................................................................................................17 3.1 RESEARCH PARADIGM..............................................................................................................................................18 3.2 RESEARCH PHILOSOPHY............................................................................................................................................18
3.3 RESEARCH APPROACH..............................................................................................................................................18 3.4 RESEARCH DESIGN....................................................................................................................................................19 3.4.1 QUANTITATIVE...............................................................................................................................................................19 3.4.2 QUALITATIVE.................................................................................................................................................................19 3.5 DATA COLLECTION....................................................................................................................................................20 3.5.1 SAMPLINGMETHOD........................................................................................................................................................20 3.6.1 QUANTITATIVE...............................................................................................................................................................22 3.6.2 QUALITATIVE.................................................................................................................................................................22 3.7 ETHICAL CONSIDERATIONS.......................................................................................................................................22 CHAPTER FOUR - DATA PRESENTATION, ANALYSIS, FINDINGSAND DISCUSSIONS............................................................23 DATA ANALYSIS AND FINDINGS......................................................................................................................................23 CHAPTER FIVE................................................................................................................................................................27 5.1 CONCLUSION............................................................................................................................................................27 5.2RECOMMENDATIONS................................................................................................................................................27 5.3REFLECTION ON RESEARCH METHOD.........................................................................................................................28 REFERENCES...................................................................................................................................................................29 APPENDICES...................................................................................................................................................................31 List of Tables There are 7 tables are designed and formulated within this research which consider information about data regarding talent management theme is mentioned.
List of Figures Within this research project 6 figures are mentioned which considered information about survey in form of questionnaire tool and considered information about talent management data. CHAPTER ONE 1.0Introduction Talent management usually as an activity and process of using tactical person source arrangement to improve commerce principles and to devise, it possible for establishment and organisation to investigate their goals. It is the complete possibility of HR process to attract, involved, improve and
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maintain high executing manpower. The major purpose of endowment administration is to improve production performance by actions that form worker more creative(Cui, Khan and Tarba, 2018). In the subsequent report conversation is completed on Travelodge Hotels Limited which is a private organisation operating in the hotels and hospitality sector across wise the UK. This company is acknowledged as the UK’s largest independent hotel brand with more than 570 hotels across world. This venture was incorporate in 1985 and is headquartered in Thame, England, UK. This project report will discuss about the roles of leaders and managers for developing talented workers in a hospitality organisation. There are number of suggestions regarding talent management and activities that is utilised by leaders and managers of Travelodge. In addition to it, different techniques and approaches of investigate are defined in form of completion of this project in efficient form. 1.1 Research Background This research document will consider information about talent management which an activity of management and retention of skilled people of the firm who make their effective contribution in the development of the venture. Further document will include information about the literature review and the methods and data collection tools which is used to collecting effective and appropriate information for the accomplishment of research project in amended form. Along with the, research assessment will consider information about the conception of talent management and importance of talent retention in hospitality firm. Furthermore, the investigator will conduct research about to collect information about the strategies which are considering by hotel organisation in order to talent retention as well as determine the roles of leader and managers in context of development of employees’ success in Hotel Company. Moreover, an effective research will be performed regarding recommendation of an appropriate action plan for talent retention for leaders and managers of Travelodge
1.2 Statement of research problem Research has its particular importance in form of solving different functioning and preparation issues of commerce and a specific industry (Chung and D’Annunzio-Green, 2018). The particular investigation of faculty administration is also essential as it assist in providing the data about the manner of resolving and selling with the problems which occur during managing top talent at workplace. 1.3 Research Aim Research topic: The role of leaders and managers in the development of employees within Services Industry: A case of Travelodge. Research Aim: “To assess the role of leaders and managers in the growth, development and retention of talent in Travelodge.” 1.4 Research Objectives To review the concept of talent management. To examine the importance of talent retention in Travelodge. To investigate employee retention strategies at Travelodge. To analyse the role of leaders and managers in context of employees development Travelodge. To recommend appropriate action plan for talent retention for leaders and managers of Travelodge. 1.5Research Questions What is the concept of talent management? What is the importance of talent retention in Travelodge?
What are employee retention strategies at Travelodge? Whataretheroleofleaders andmanagersinincontextofemployeesdevelopment Travelodge? What are the appropriate action plan for talent retention for leaders and managers of Travelodge? 1.6 Research Rationale The major purpose of organise this investigation is that the researcher has individual attention in development or enlargement of different research abilities with the help of which they can conduct a variety of researches in upcoming time (Shulga and Busser, 2019). This will also help in creation of experience about investigation on a particular topic and how to execute different diverse investigations in future. CHAPTER TWO – Literature Review A literature review is a survey of scholarly sources on a particular topic. It offers an overview of current topic, knowledge and permitting the research to find out reliable concepts, methods and gaps in the current investigation. It may consist of simply a summary of key sources and a comprehensive study as well as interpretation of literature that addresses a particular topic. A literature review is explain and analyses published data regarding the specific topic area. It is more than a summary of the sources. It has an organisational pattern which combines both summary and synthesis. It is a recap of the crucial data of the source, but a synthesis is a re-organisation or a reshuffling of that information. It might provide a new interpretation of old material or combine new with old. There are different sources like survey, books, scholarly articles and any other sources reliable to a specific issue, area of research, or theory and so doing, offer a explanation, summary and critical assessment of these works in order to the research problem being investigated.
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2.0 Introduction The current literature review section is based on the talent management and retention within a hospitality firm. Talent management is generally acknowledged as the methodically conducted, strategic procedure of getting the right talent onboard and assisting them grow to their optimal abilities keeping organisational objectives in mind. In hospitality firm like Travelodge, employee retention is the organisational aim of keeping skilled workers and minimising turnover of fostering optimistic work surroundings to promote involvement, showing appreciation to workers and offering competitive pay and advantages as well career development options. This section will considered information about diverse topic related to talent management and retention such as concept of talent management, importance talent retention, strategies of talent retention,role of leaders and managers in developing employee’s growth and successand action plan for talent retention for leaders and managers. Talent management is generally known as the process management of talented and skilled people of the company with the help of effective plans and strategies of management which assist employees in their personal and professional development. Retention of skilled workers is crucial for the firm because with the help and support of knowledgeable employees firm can operate its business in successful manner. Career development, reward system, training and development are some effective strategies which play an effective role in retaining talented manpower. Along with this, the leader and manager in the firm also play an effective role in the progress and growth of employees so that they feel encouraged and make their contribution to the firm till long term. 2.1 Theme (1) The concept of Talent management As per the view of White S. (2019), Talent management can be explained as a systematic method of analysing the different vacant positions within an establishment, hiring suitable applicants for the vacant posts and developing the major abilities and expertise of the applicants to match the expected job positions, such that that applicants can be retained in the business for long term and at the same time the
business objectives are accomplished satisfactorily. Diverse phases in the talent management process are executedthroughacompanythatisacknowledgedasthetalentmanagement.Basically,talent managementisaconstantprocessthatconsidersattractingandretaininghighqualityworkers, developing their abilities, and constantly encouraging the, to develop their execution. The main motive of talent management is to create an encouraged workplace that will remain with the form in long term. The exact way to accomplish this wills differ form corporation to corporation.Talent control is the aware and planned try to attract, engage, develop and keep humans with the aptitude and capacity to fulfill cutting-edge and destiny organizational needs. Talent control has end up imperative in the face of nowadays’s commercial enterprise demanding situations. Companies are increasingly figuring out that successful skills control is the key to excessive performance. Talent management may be defined as an includedorganizationaltechniqueinHRwhichisrequiredformotivating,growing,attracting, preserving and attractive personnel. The aim of talent management is to establish an organization which is excessive acting and sustainable, which meets the strategic and operational goals and requirements of the agency. Talent Management is in a way a business strategy which needs to be integrated with all of the employee related tactics of the business. Talent control is all approximately having the proper man or woman at the proper region on the right time for the top-rated time and at the proper fee. 2.1 Theme (2) The importance of talent retention in Travelodge Retention of an optimistic and encouraged as well as talented worker is crucial for the firm’s success. High employee’s turnover maximises the expenses and also has unfavourable influence on the company’s morale. As per the view of Hoffman B. (2018), having the skill to develop employee retention can mean great cost savings for the company like Travelodge. The retention of skilled workers is crucial in different manner in context of Travelodge because it will assist in recruitment enhancement, employee turnover management, performance and productivity maintenance, cost effective as well as increase morale.Retention of a high-quality and influenced worker is very critical for the agency's fulfillment. High worker turnover will increase the prices and also has a terrible impact at the agency’s morale. Implementation of an employee retention program is an powerful way of ensuring that the pivotalpeople remainemployed whilst balancingand keeping activityoverallperformanceand productivity.
RecruitmentEnhancement− Effectiveretentionstrategiesfrequentlybegin during theemployee recruitment technique. Employee Turnover Management − Employers implement retention strategies to manipulate worker turnover and entice nice personnel. Performance and Productivity Maintenance − Employee retention practices help guide an company’s productivity. Cost Effective − An agency can drastically get advantage from employee retention applications because of a direct effect on an organisation’s techniques. Increases Morale − Employees who enjoy what they do and the environment in which they paintings are more likely to remain hired with their organisation over an extended time period. 2.1 Theme (3) Employee retention strategies at Travelodge According to Manley C. (2019), there several strategies and plan of actions which can be considered by business organisations in order to employee retentions. In a candidate driven market, fewer individual are actively searching for work and businesses must be relentless in their efforts to both attract potential team members to fill open positions and make sure current group members stay with the firm. Career development is one of the key strategies which are crucial to retain skilled workforce. Supporting the development and success of teammates is important for retention of current team members but also in getting attention talent to the firm. Internal initiatives like apprenticeship and leadership training sessions keep employees involved and motivate them to remain with the firm rather than being lured away by a competing offer. Become an employer of choice is another effective plan which also assist in retain talented workforce. An employer of choice offers several aspects for its employees. The most obvious factors are competitive pay and benefits that while crucial, should be only a piece of a hospitality venture’s larger retention effort. This tool considers performance incentives, career development and achievement opportunities and many more. This will assist in retaining skilled workers of the firm.
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Shaping their Growth and Development- Helping employees acquire their short-term and long-term dreams is one of the most crucial employee retention techniques. Therefore, designing in-house education packages for employees can advance their expert development. Other strategies encompass paying them to wait conferences, enterprise activities, etc. Encouraging Open Communication- The company can create a workplace wherein personnel aren’t afraid to specific their critiques. In different words, a place of business wherein they can freely question their leaders and voice their issues. An “open door policy” is an powerful manner to establish a way of life of open communication. It indicates which you’re constantly to be had to concentrate to their critiques and issues. Appreciating your Employees- Every worker needs acknowledgement and recognition for his or her work. Appreciating your employees for their efforts and achievements goes an extended way. Some significant approaches are through handwritten thank you notes, social reputation programs, and many others. These matters inspire and inspire an worker to contribute and excel. 2.1 Theme (4) The role of leaders andmanagers in context of employees development Travelodge As per the view of Andriotis N. (2020), For growing workers’ increase and improvement, leaders and mangers play an critical function. They provide education and improvement sessions in order that they make development in these talents and study new matters and technology which help in improving their capabilities and that they execute their work in efficient shape (Espinoza and et. Al., 2018). Along with this, in addition they offer ongoing assist and remarks and imparting suitable solutions to remedy their issues. This will help in appearing their venture in better shape and hit set business objectives without facing danger in granted time duration.Managers/leaders play a vital position in employee improvement: Employees need to be influenced to take part in training packages and employee development activities. They need to make your personnel understand the significance of employee improvement activities and the way such tasks could advantage them and company in the end. Managers sit with their
crew members to find out where they are missing and what all new capabilities they want to collect for an elevated productiveness. They need to provide the right guidance in your team participants. Performance monitoring is critical. Review the work of their personnel on the stop of each month. Suggest them new guides, websites, take a look at substances which would help them decorate their skills and expertise. Managers have to inspire employees to register for on line or distance mastering courses to acquaint themselves with new expertise. As a group chief, they need to provide the greater push for their personnel to take part in employee development activities. 2.1 Theme (5) Appropriate action plan for talent retention for leaders and managers of Travelodge According to Hocking M. (2020), the leaders and managers inside establishments like Travelodge used extraordinary strategies and gear for managing personnel. They distinctly used schooling and development, continuous boom option, rewards and compensations to retain skilled team of workers. By providing steady development choice, they offer possibilities to personnel to make improvement of their career. Along with this, via worthwhile manpower for his or her true execution by figuring out their performance help in motivating personnel. Training and improvement is an important course of action that rather makes contribution in boom of capabilities and capabilities of personnel which assist in making improvement their private and expert degree. Encourage Your Employees to Give Feedback- It’s one element to present remarks for personnel, but you ought to additionally accept feedback from them. When employees don’t experience like their mind are being heard, they anticipate the company has no hobby in improving or pursuing worth thoughts. Many personnel will be inclined of thinking that not anything will change, even if they do suggest something new. Include Your Employees- No one wants to feel excluded in a company they're part of. A new hire wants to sense like they have been hired for a cause, and that they may be gambling a key role in supporting the business acquire its targets. Encourage A Healthy Work-Life Balance- Many groups have excessive expectations for his or her employees. But for workers, this may mean much less time dedicated to private care, leisure activities, and own family. Establishing regular work hours, rules for working on weekends, or paintings-from- home applications can provide your group participants the ability they want to deliver their first-rate to work every single day.
CHAPTER THREE – Research Methodology 2Introduction Methodology is a careful consideration of research related to specific concern utilising the technical method. It is generally research to define, predict and administrate pragmatic incidence. It is used to gather facts and facts with the cause of making better checks related to commercial enterprise. It is a scientific approach that ought to be accompanied through surveyor to acquire the dependable data. In explaining technique in brief shape, there may be Research Onion taken into consideration. Different stages of research onion furnished as below: 3.1 Research paradigm A research paradigm is an approach to analyze that is considered the usual by way of a full-size range of researchers inside the discipline based totally on having been both established and practiced for a long time frame. Research paradigm but provides the researcher a concept to pick out strategies and studies layout. The research paradigm is the only that addresses what should be the approach to observe for the studies and not the other manner around (Understanding the Research Onion. 2020). It considers ontology, epistemology methodology and axiological method.Ontology is more or much less the look at of reality. It describes the character of reality; what comes to mind when undertaking the studies and what relational impact does it own at the society and surroundings. Ontology clears the difference among reality and how the researcher perceives fact. Epistemology is mainly used in medical research and it is like that because it enables investigator in locating the statistics that the man or woman can prove sincerely; in other phrases, it tries to find the common suitable know-how and cope with the facts therefore. Axiology make one apprehend the impact that peoples opinion have on collecting and analyzing of studies. It helps you to keep in mind that people’s opinion maters plenty at the same time as
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carrying out studies. In this research, the researcher considers epistemology because it impacts how investigators formulate their research in their attempts to discover knowledge and information. 3.2 Research Philosophy It is a belief about the way within information about a phenomenon should be collected, determinedandused.Thereareseveralresearchphilosophieslikepositivism,realismand interpretivisim.Positivism philosophy is to supply widespread rules to forecast conduct with a minimum margin of uncertainty. However, there are issues with this philosophy, one in all that's that it may most effective predict average conduct of people in a group and no longer the conduct of each man or woman. Interpretivisim philosophy is on the other intense of that of positivism. Researchers who adopt this philosophy recall truth as socially constructed, that is, their that means of fact is stricken by their values and their manner to look the world; other humans’s which means; the compromises and agreements that come out of the negotiations between the first . Realist studies is an method that resembles to a big extent that of positivism however takes into attention, and is derived to phrases with, the subjective nature of studies and the paramount function of values in it. In this research, the research follow interpretivism philosophy as it considers surveyors to interpret aspects to the study and this philosophy integrates human interest into study. 3.3 Research approach There are two forms of research approach like deductive and inductive. The deductive approach develops the hypothesis or hypotheses upon a pre-present theory after which formulates the research method to check it. This approach is high-quality applicable to contexts where the studies venture is worried with examining whether or not the located phenomena fit with expectation based upon preceding research. The inductive method is characterized as a pass from the precise to the overall. In this method, the observations are the start line for the researcher, and styles are searched
for within the information.In this researcher will consider deductive approach in order to completion of the research. 3.4 Research design It refers to the entire plan of action that the researcher select to integrate the diverse aspects of the research in a coherent and logical form, thereby assuring the researcher will efficiently address the research problem. In this research, individual considered descriptive research design because relates to the fact that while this design can employ a number of variables, only one variable is needed to organise research. 3.4.1 Quantitative It is an organized investigate scheme of collecting data which is in statistical form ad is associated with numerical form of information. This type of research is used when there is high populace size. In this research technique, there are several actions included such as sampling methods, online surveys, and correlation, irritable sectional research, online surveys and others (Quantitative Research. 2021). This method of investigation is linked with the concept within information are available in form of graph, statistical, numerical and chart etc. As per above defined information, the investigator is utilising and implementing quantitative research method with the purpose of assembling information that can be developed and supported to people views and insights(Baharin and Hanafi, 2018). It is most crucial in having summarisation which can be symbolized in other developed manner. 3.4.2 Qualitative It is a research method and with the help of it, the information is gathered in theoretical form which helps in developing the acknowledgement of opinions of diverse participants(Taylor, 2018). It considers different tools like interviews; group discussion, observations and survey etc. and they help in collecting detailed information. This research method is termed as investigative research as it assists reviewers to get profound information of specific subject and support them to enlarge an efficient assignment in appropriate form.
3.5 Data collection Primary data collection method– This kind of information gathering tools is considered as appropriate form of collecting data (Saunders’ Research Onion. 2021). Within this, researcher will be able to gather original and pure data with the assistance of implementing different source of information accumulation such as survey, observations, experiment and interviews etc. This instrument is important as it provides pure and correct data but it obtain more period and finance which occur as the major disadvantage of it. Secondary data collection method–It is beneficial in form of analysing data within fewer time periods. This technique will lead to collect more sentimental and consistent pleased about the topic of investigation(Gallardo-Gallardo, Thunnissen and Scullion, 2020). There are different sources like articles, books, journals, online sites, newspaper, magazines and many more that assist in gathering data which is available in marketplace. In reference to this investigation, the research is utilising diverse articles, scholars, magazines and others for collecting the matter associated to information to share effective infrmation for other engagement among marketplaces. 3.5.1 Sampling method It refers to a technique in which the samples that are selected from the entire people. It can also be described as a team and unit of people, objectives or substances that are occupied from wide inhabitants for determination. For performing this research, there is whole of 20 respondents occupied for the next description who are executing in Travelodge(Harsch and Festing, 2020). In this investigation task, the researcher is utilising simple random sampling tool that is the strategy in probabilistic form.
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3.7 Ethical considerations There are rather a few ethical factors that will be acquired in to consideration when performing the study. These are as under: With the help of questionnaire, questions regarding research topic will related instantly with the research and none of the questions in the questionnaire will be individual in personality. The secondary source that is used for organising the research will be cited in an efficient manner using efficient form of referencing. The participants in the research are something that will be managed voluntary in nature. Only those that are willing to or are relaxation with the thought of taking part in the research as representatives will be allowed to do so. CHAPTER FOUR - Data Presentation, Analysis, Findingsand Discussions DATA ANALYSIS AND FINDINGS Theme 1: Conception of Talent Management Q 1. Do you aware with the conception of Talent Management?Frequency (a) Yes11 (b) No9 Frequency 0 2 4 6 8 10 12 (a) Yes (b) No Interpretation- This has been analysed form the mentioned graph that among the component of 30 individual, 11 individuals are responded that they are recognizable with the concept of talent
administration whereas enduring 9 respondents are answered that they are not aware with this concept. Theme 2:role played by leaders and managersfor developing workforce development in working environment Q2. What is the major role played by leaders and managers of Travelodge for developing workforce development in working environment? Frequency (a) Training and development12 (b) Supporting problem resolution8 Frequency 0 2 4 6 8 10 12 (a) Training and development (b) Supporting problem resolution Interpretation- It has been finished form defined graphical representation that between the people of 30 employees, 12 individuals are sustained to training and improvement option that they play an essential role in developing employees by offering training and learning sessions. Whereas remaining, 8 responders are viewed that by offering resolutions to support complexities, they play an effective role in developing workforce. Theme 3:Plan of action that is used by administrators and leadersfor talent management Q3. What are the plan of action that is used by administrators and leaders of Travelodge for talent management? Frequency (a) Person organisation fit9 (b) Reward and Compensation11
Frequency 0 2 4 6 8 10 12 (a) Person organisation fit (b) Reward and Compensation Interpretation- Form the defined visual communication, it can be analysed that among the population of 30 representatives that 9 employees are agreed with person organisation fit and effective strategy that implement by managers of Travelodge to manage talent. Whereas remaining, 11 responders are supported to reward and compassion is a more crucial plan of action that helps in talent management. Theme 4: Q4.Whatarecontributionofleadersandadministratorsof Travelodge in retaining top talent in working environment? Frequency (a) Provide opportunities to grow8 (b) Empower responsible employees12 Frequency 0 2 4 6 8 10 12 (a) Provide opportunities to grow (b) Empower responsible employees Interpretation- It has been determined from this defined diagram that among the group of 30 those, 8 representatives are viewed that by offering growth opportunities, the leaders and managers contribute in retaining skilled workforce. Whereas remaining 12 individuals are replied that by empowering accountable workers, administrators make effective contribution in retaining talented manpower. Theme5: Challenges that suffered by the leaders and managers at the time of talent management
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Q5. What are the challenges that suffered by the leaders and managers at the time of talent management? Frequency (a) Increase employee turnover13 (b) Lack of leadership7 Frequency 0 2 4 6 8 10 12 14 (a) Increase employee turnover (b) Lack of leadership Interpretation- It has been concluded from mentioned statistical information that between the unit of 30 representatives that 13 individuals are responded to high worker turnover that it is the main issue that is highly faced by leaders and managers. While remaining 7 people are supported to lack of guidance the main challenge which is suffered by administrators. Theme 6:Importance of Talent Management Q6. What is the importance of Talent Management?Frequency (a) Development of organisation6 (b) Retaining high performance employees14 Frequency 0 2 4 6 8 10 12 14 (a) Development of organisation (b) Retaining high performance employees
Interpretation- Form the described data, it has been determined that among the number of 30 employees, 6 people are agreed with development of organisation is main significance of talent administration where as residual14 are maintained to retaining high performance workers is the importance of talent administration. 4.1 Discussion Talent management has come to be an essential and enormous plan of action and tool for a business enterprise and is a dedication for largely shared values that the main reason and precedence of the management is accomplishment f business desires and gaining aggressive advantages. Talent control is essentially connected and linked without difficulty of staffing, retention and employee turnover. The improvement of manpower cost is a great variable for enterprise logo, the employee’s fee preposition clears worker approximately unique questions connected to corporation’s essentialness, extrinsic and intrinsic aspects and reaction of workers concerning labour and effectiveness as well as progress and improvement of employees. If the enterprise undertaking need to hire personnel then it consist efficient and specific employment description strategy while to retain workers they are able to provide education & development in addition to rewarded them regarding their appropriate execution. Along with this, in context of powerful management of professional and talented employees, they can bear in mind talent control techniques so they keep skilled employees till long term due to the fact they're the useful aid which assists in making improvement inside the organization as well as broaden its performance. CHAPTER FIVE 5.1 Conclusion Toward the finish of examination talked about exceeding, it has been inferred that Talent administration (TM) is between the mainly present day administrative choices and accordingly is regarded fundamental all through the cutting edge situation. Despite the fact that it has become extraordinarily in the course of the most recent decade and has consider to be the need of each
association, agents and experts henceforth the prerequisite for gifted individuals is constantly expected to adapt to new dangers and help to accomplish the upper hand. In this manner, it's extremely basic that organizations acknowledge their commitments for their aptitudes, which are viewed just like the most important ware. The outcomes additionally showed that a portion of TM's principle ideas are usable, however the down to earth philosophy has not yet been deliberately applied; inside Travelodge examined received any of the components of talent management, despite the fact that not as a filled, complete system. Most representatives knew about significance of talent administration and subsequently because of the absence of genuine this system, they didn't uphold talent management procedures. The discoveries uncovered that the entire investigation had an arrangement for accessible assets and they even designated talent procurement to the HR group. The discoveries uncovered that they chose test has referenced that they've been equipped for drawing in the appropriate pioneers since they have optimistic image and chances between planned enlists yet are viewed as the best organization in the inn segment. 5.2Recommendations It has been suggested, with regards to Travelodge that for improved outcomes, aptitudes and ability should be uninhibitedly available to employees, and proactively broadcasted at the correct second to the opportune person. Since the individual inns have their own complex capacity, assignment and vision, it is of most noteworthy worry that they consolidate components intended to have considerable and separated client assistance. Top initiative must feature the standards of their lodging's client service and ensure that each representative and directors over each level see unmistakably how their own choices make a commitment to estimations of Travelodge. The mastery and skills development strategy and exercises are a basic piece of talent procurement, one of the principle results were that significantly the greater part of chose inns had talent formation procedures and they recommended that their techniques had been successful in recuperating their employees abilities. 5.3Reflection on research method In this research project, the research is used quantitative method of research and primary source of data collection in term of collecting more and brief information as well as pure and fresh information with the aim of effective accomplishment of research assessment. Along with this, the
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research can also consider secondary tool of information gathering in its future research in order to glean more and detailed information. The main limitation which can be control by the investigator is related to time and cost. If the individual has more time and fund then the person can be more able to complete the project in adequate manner. The research set boundaries regarding the use of particular method and tool of research so that the project could be complete in effective manner. REFERENCES Cui,W.,Khan,Z.andTarba,S.Y.,2018.StrategictalentmanagementinserviceSMEsof China.Thunderbird International Business Review,60(1), pp Shulga, L.V. and Busser, J.A., 2019. Talent management meta review: a validity network schema approach.International Journal of Contemporary Hospitality Management. Chung, K.L. and D’Annunzio-Green, N., 2018. Talent management practices in small-and medium- sized enterprises in the hospitality sector.Worldwide Hospitality and Tourism Themes. Espinoza, A. and et. al., 2018, October. Methodology for reducing staff turnover in service companies based on employer branding and talent management. InBrazilian Technology Symposium(pp. 575- 583). Springer, Cham. Altindağ, E., Çirak, N.Y. and Acar, A.Z., 2018. Effects of Talent Management Components on the Employee Satisfaction.Journal of Human Resources Management Research,2018, pp.1-20. Taylor, S., 2018.Resourcing and talent management. Kogan Page Publishers. Baharin, N.L. and Hanafi, W.N.W., 2018. Effects of talent management on employee retention: A case study of hospitality industry.Global Business and Management Research,10(3), p.697. Gallardo-Gallardo, E., Thunnissen, M. and Scullion, H., 2020. Talent management: context matters.
Harsch, K. and Festing, M., 2020. Dynamic talent management capabilities and organizational agility— A qualitative exploration.Human Resource Management,59(1), pp.43-61. Shikweni, S., Schurink, W. and van Wyk, R., 2019. Talent management in the South African construction industry.SA Journal of human resource management,17(1), pp.1-12. Sheehan, M., Grant, K. and Garavan, T., 2018. Strategic talent management: a macro and micro analysis of current issues in hospitality and tourism.Worldwide Hospitality and Tourism Themes,10(1), pp.28-41. Gardas, B.B. and et. al., 2019. Green talent management to unlock sustainability in the oil and gas sector.Journal of Cleaner Production,229, pp.850-862. Hosen, S. and et. al., 2018. Talent management: An escalating strategic focus in Bangladeshi banking industry.InternationalJournal ofAcademicResearch in Businessand SocialSciences,8(1), pp.156-166. Online AndriotisN.2020.ImproveEmployeeEngagementandTraining.[Online].AvailableThrough: <https://www.efrontlearning.com/blog/2018/05/why-managers-improve-employee-engagement- training.html>. Hocking M. 2020.How to develop your talent management strategy. [Online]. Available Through: <https://www.hrdconnect.com/2019/09/06/how-to-develop-your-talent-management-strategy/>. WhiteS.2019.ConceptofTalentManagement.[Online].AvailableThrough:< https://www.allassignmenthelp.com/blog/talent-management-explanation-and-concepts/>. Hoffman B. 2018.The Importance of Employee Retention– The Key to a Successful Business. [Online]. Available Through: <https://www.hrtechnologist.com/articles/employee-engagement/the-importance- of-employee-retention-the-key-to-a-successful-business/>. Manley C. 2019.Strategies to help recruit, retain hotel employees. [Online]. Available Through: < https://www.hotelmanagement.net/human-resources/recruiting-retaining-employees-while- unemployment-hits-a-49-year-low>. Saunders’ Research Onion. 2021. [Online]. Available Through: <https://gradcoach.com/saunders- research-onion/>.
Quantitative Research. 2021. [Online]. Available Through: < https://www.questionpro.com/blog/quantitative-research/>. APPENDICES Questionnaire Q 1. Do you aware with the conception of Talent Management? (a) Yes (b) No
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Q2. What is the major role played by leaders and managers of Travelodge for developing workforce development in working environment? (a) Training and developments (b) Supporting problem resolution Q3. What is the plan of action that is used by administrators and leaders of Travelodge for talent management? (a) Person organisation fit (b) Reward and Compensation Q4.What is contribution of leaders and administrators of Travelodge in retaining top talent in working environment? (a) Provide opportunities to grow (b) Empower responsible employees Q5. What are the challenges that suffered by the leaders and managers at the time of talent management? (a) Enlarge employee turnover (b) Lack of leadership Q6. What is the importance of Talent Management? (a) Development of organisation (b) Retaining high performance employees Q7. Provide the suggestions to deal with the challenges of Talent management.