Impact of Talent Management on HR: A Case Study on Burberry
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Added on 2022/12/28
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This presentation explores the impact of talent management on the role of HR through a case study on Burberry. It covers the concept of talent management, challenges faced by HR in talent management, and strategies used by Burberry's HR. The aim is to determine the impact of talent management on HR.
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Research Proposal
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Table of content Introduction Research aims and objectives Research questions Literature review Research methodology Anticipated outcomes Gantt Chart References
Introduction Talentmanagementisexplainedasaprocedureofstaffingandretentionof employees who drive success of the firm. Therefore, it is one of the significant priorities of administrator to acknowledge the organisational execution supported to its workers. Also, it offers support in administration of skilled workers at workplace by offering them effective encouragement and motivation to do well. Generally, it is strategic priority of establishment to administrate their talent through hiring as well as develop applicants talented as per vacant job position. It can be crucial in retaining skilled manpower at place of work for long term. If workers are efficiently administrated and effectively managed, then they provide their appropriate efforts for accomplishing their assigned targets.
Research aim The aim of this research project is “To determine the impact of talent management on the role of HR.A case study on Burberry.”
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Research Objectives To acknowledge the concept of talent management. To monitor the issues and challenges which faced by HR regarding talent management To analyse the strategies which is considered by HR in context of talent management?
Research questions What is the concept of talent management? What are the challenges that faced by HR in Burberry regarding talent management? What the plan of actions which is considered by Burberry’s HR in order to talent management?
Literature review The concept of talent management As per the view of Heathfield M. S. (2019), Talent management is a business venture’s commitment to hire, staffing, retaining and develop that most talented and superior workforce accessible in the job market. TM indicates to the abilities of getting attention of highly knowledgeable and skilled employees, of integrating new workers and developing as well as retaining existing workforce to meet current and future business goals.Establishmentsthatinvolvinginatalentmanagementstrategyshiftthe accountabilityofworkersfromthehumanresourcesdivisiontoallmanagers throughout the venture. The process of getting attention and retaining profitable manpower, as it is increasingly more rivalry among organisations and of strategic importance, has to come to be known as the war of talent.
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Continue… The issues and challenges which faced by HR regarding talent management According to Erickson T. (2008), there is several kinds of issues and challenges are faced by the HR division of the company in context of talent management. These issues are related to attracting and retaining enough workers, creating a value proposition, developing a robust leadership pipeline and many more. The HR manager of the firm is continually battling regarding a high employee turnover ratio. High employee turnover is one of main issue which faced by the HR as well as affect the business as the employee retention is incredibly significant for the overall development of company. When, there is highest level of turnover in the organisation then this creates the problem for HR, a lack of leadership within the venture.
Continue… The strategies which is considered by HR in context of talent management Accordant to Ansari K. (2020), there are several plans and strategies which can be considered and followed by the HR division in order to deal with talent management issues. Training and development opportunity is one of the key strategy which can be used by the organisation in term of retaining skilled workers as when the organisation provide constantly development programmes to its workforce then they it can retail skilled people till long term and reduce the rate of employee turnover. Along with this, reward and remuneration is another strategy which assists in dealing talent management challenges like employee turnover and lack of leadership. In large ventures cultivating a genuine career path can be very tricky; workers tend to feel far more involved when they are under the impression that the sky is the limit for them in context of how far they can grow.
Research methodology Research Philosophies It basically signifies the values and beliefs on which the researcher is carrying on the research and completestheinvestigation.Therearegenerallytwophasesofresearchphilosophylike interpretivism and positivism. In this research assessment, the surveyor is using and considering positivism research philosophy. This sort of research philosophy enables in providing data and information regarding a specific topic of all over research project. Research Approaches There are two key forms of research approach that can be effectively used through a researcher in context of completion of investigation, in the current research report; the investigator is utilising deductive tool that is mainly based in the quantitative method of research. It enables in providing the appropriate results from a research and study.
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Continue… Research Strategies It is another layer of research onion that is related with data collection for the organisation of research. It considers experiment, case study, survey and others. In this research, researcher will be considered survey as a research strategy as it enables in gleaning more data and answer research questions. Research Choices This layer of research onion is linked with the quantitative and qualitative methods. There is a need of selecting the appropriate and adequate method that offers amended and superior outcomes. The qualitative method will be included because it provides the rich information by including explanation and opinion.
Continue… Data Collection It is related to collection of data with the use of reliable and valid source in an effective manner. These are primary and secondary method of data collection which assists in providing relevant and appropriate information in order to particular area. In this study, primary method of data gathering is more effective because it provide the pure and fresh information so that positive outcomes can be summarised.
Anticipated Outcomes As per above research it is determined that getting attention, developing and retaining top talent in working environment is one of the significance practice for organisation which support in accomplishment of all the predefined aims and objectives in an assigned duration. In context of it, the HR plays an effective role by considering effective talent management strategies and plans like reward system and training & development opportunities to its workforce. It will maximise the probabilities of accomplishing competitive success at market.
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References Heathfield M. S. 2019.Why Talent Management Is an Important Business Strategy to Develop.[Online].AvailableThrough:< https://www.thebalancecareers.com/what-is-talent-management-really-1919221>. Erickson T. 2008.Today’s Top 10 Talent-Management Challenges. [Online]. Available Through: <https://hbr.org/2008/06/todays-top-10-talentmanagement>. Ansari K. 2020.Simple Talent Management Strategies. [Online]. Available Through: < https://theundercoverrecruiter.com/talent-management-strategy/>.