Talent Management Strategies for Organizational Success: ASDA Study

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AI Summary
This research project presents a comprehensive research proposal focusing on talent management strategies within the context of organizational success, specifically using ASDA as a case study. The proposal outlines the research aim to investigate the effectiveness of different talent management strategies. It sets out clear research objectives, including understanding the conceptual framework of talent management, identifying strategies used by ASDA, and determining their importance. The proposal details the reasons for selecting this topic, emphasizing the challenges faced by businesses in talent management. The methodology section describes the research philosophy (positivism), approach (deductive), strategies (questionnaire), and data collection methods (primary research through questionnaires). The proposal also outlines the sampling frame, analytical tools, and ethical considerations. The study aims to assess the impact of various talent management techniques on employee retention and organizational performance, providing valuable insights into effective talent management practices. The proposal also includes a detailed timeline and references.
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Research Project
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Contents
TASK 1............................................................................................................................................1
P1. Produce a research proposal..................................................................................................1
P2. Examine appropriate research methods and conduct primary and secondary research........9
TASK 2..........................................................................................................................................11
P3. Organise primary and secondary research using appropriate methods for a business
research project that consider costs, access an ethical issues....................................................11
P4. Apply effective analytical tools to determine research findings.........................................13
TASK 3..........................................................................................................................................19
P5. Communicate research outcomes in an effective form for the intended audience..............19
TASK 4..........................................................................................................................................19
P6. Reflect on the effectiveness of research methods applied for meeting objectives of the
hospitality research project........................................................................................................19
P7. Consider alternative research methodologies and lessons learnt by the outcomes.............20
CONCLUSION..............................................................................................................................21
REFERENCES..............................................................................................................................22
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TASK 1
P1. Produce a research proposal
Section One: Executive Summary
Executive summary
In this meta-analysis, various concepts of talent management techniques which is being
used in concerned business firm is being highlighted. With addition to that, various
talent management strategies which is being used by management department of the
concerned firm for achievement of its respective goals and objectives. Lastly,
importance of talent management strategies is also being reflected in this report in
context to chosen business firm.
Research Aim:
"To investigate the effectiveness of different talent management strategies for organizational
success." A study of ASDS.
Research objectives:
To understand the conceptual framework of talent management in organizational
context.
To identify the different talent management strategies used by ASDA to retain their
talent a workplace.
To determine the importance of using different talent management strategies for
ASDA.
Section Two: Title, objective, responsibilities
Research project objectives (e.g. what is the question you want to answer? What do you
want to learn how to do? What do you want to find out?)
Research Aim:
"To investigate the effectiveness of different talent management strategies for organizational
success." A study of ASDS.
Research objectives:
To understand the conceptual framework of talent management in organizational
context.
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To identify the different talent management strategies used by ASDA to retain their
talent a workplace.
To determine the importance of using different talent management strategies for
ASDA.
Research question
What is the conceptual framework of talent management in organizational context?
What is the different talent management strategies used by ASDA to retain their
talent a workplace ?
What is the importance of using different talent management strategies for ASDA?
Section Three: Reasons for choosing this research project
This study is based on the the topic of talent management where aim of study is to
investigate the effectiveness of different talent management strategies for organizational
success. The major reason behind choosing topic of talent management is that there are
number of issues which are faced by the firms working in business environment. These
issues are related to using effective talent management. The current study will include
discussion about talent management strategies which can be used in order to solve this
issue. This study also include personal interest of researcher where it helps in
developing personal and professional skills. These skills are related to data collection,
analytical skills and many other. These will help the researcher in performing researcher
in future based on this topic.
Section Four: Literature sources searched
To understand the conceptual framework of talent management in organizational context.
In words of Ghosh, talent management refers to plans and strategies build by respective
higher authorities of an organisation in order to provide better working environment to
various important talented employees working in the concerned business firm. In context to
chosen company i.e. ASDA, managers and leaders of the firm aims at providing right place
for talented employee of an organisation. They ensures that, various talented employees
working in the firm are producing their efforts towards development of an organisation
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without any issues. They aims at providing better working conditions to them and also takes
care of their personal goals and objectives along with achievement of organisational
objectives of the firm.
To identify the different talent management strategies used by ASDA to retain their talent a
workplace.
According to article published in IPL, it highlights the importance of talent management
strategies used by concerned business firm to attain professionalism of work in an
organisation as well promotes better utilisation of valuable resources of the given firm. In
context to chosen firm, respective managers and leaders of the firm introduces various talent
management strategies in order to manage their talented staffs effectively and also enhances
overall productivity of the business firm. Various talent management strategies used by
higher authorities of concerned business firm are;
Sound working environment: Managers and leaders of selected firm ensures
providing better working environment to various talented staffs working in an
organisational structure. It helps as in serving as a motivational tool and enables
management of firm to extract best of their abilities in various assigned tasks to
them.
Active Participation: Through active participation of higher authorities consisting
managers or leaders of the firm, it helps in providing up of better guidance to
respective employees to perform its respective assigned task in an organisation.
Honest career path: Management of ASDA, ensures effective working of the
business firm by providing timely appraisals and promotions to various deserving
and dedicated employees of an organisation. It helps in formation of healthy working
environment of a business firm and established better coordination between
respective departments of the business firm.
To determine the importance of using different talent management strategies for ASDA.
According to article published in CIPD, talent management strategies used by management
departments of various business organisation proves to be an important tool for operating
various business activities effectively. In regards to ASDA operational management, it is an
important tool to effectively manage various talented staffs working in the firm. It
importance are as follows in respect to selected firm.
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Increases performance: Talent management helps in increasing performance of
various staffs working in an organisation. By providing them with all basic needs
and paying attention to their personal demands, manager is able to serve enough
motivation to them, which ultimately contributes towards increased performance of
various employees working in the workforce.
Attract top Talent: HR department of ASDA is able to attract top talented employees
from various regions by using principles of talent management.
Retain top talent: By using effective talent management techniques, management
department of the firm is able to retain its top talented employees working in the
business firm.
Section Five: Research approach and methodologies
Research Philosophy that you will use in your research project
Positivism refers to an approach which focuses its functioning on finding up of
statistical means, casual relationships and regularities in various elements of reality and
then lastly summarizing respective identified patters into generalized findings. In this
meta-analysis, positivism research philosophy will be taken into consideration. As it
claims that various research objective subject could be understand through it. In this
type of research various patterns are being analyzed and is combined with personal
value and performing work independently.
Research approaches that you will use in your research project
In this project, deductive approach is being considered. It refers to approach which is
concerned with development of hypotheses supported with existing theories and
ultimately designing a research strategy to test hypotheses. This approach helps in
analyzing relationships between variables and concepts in quantify way.
Research strategies that you will use in your research project?
In this meta-analysis, with light to the fact that time is an important as well as valuable
resource for better working of an organisation, time saving techniques are being taken
into consideration. In this report, Questionnaire would be prepared by researcher to
extract needful information.
Time horizon of your research?
For providing better shape to the present report, cross sectional time horizon will be
used, as it includes extraction of data in specified point of time period. Through using of
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this technique reliable and easy results can be ascertain. In regard to this research paper
as per calculation, it would take 3 months time to be completed.
Data collection methods that you will use in your research project e.g. survey using
questionnaire or interview or both?
With reference to effective conduction of present report, keeping in mind various
advantages, primary research type is being permed in this project. In the process being,
investigator prepared questionnaire and also conducted various surveys which helped in
extracting up of reliable information to deliver quality report to its readers. With light to
the fact that using primary method of research adds up to cost, however, its advantage
of providing with quality and correct information helps in formulation of investigation
leaving good reputation in minds of various readers.
Sampling frame ( if applicable) and sample size that you will use in your research
As by evaluating current investigation, respective researcher had made use of 40
candidates who are also the employees of the business firm. It is being assumed that
they posses enough knowledge of about the concerned topic and area of investigation.
Following this approach, researcher will be able to collect reliable and trust-able
information which will ensure better quality of research paper.
Sampling Techniques that you will use in your research project?
Sampling refers to technique used for selecting right sample size out of large
population, ensuring best quality of research paper as well as using authentic data to
conduct research on various information used in this investigation. It helps in extracting
data from reliable sources to develop good impression in minds of various readers of
this report.
Analytical tools to be used?
Analytical tool for analyzing collected data, preparation of frequency distribution table
that is an inclusion recording up of various response of selected participant in this
investigation. It will be helpful in extracting up of correct as well as accurate data,
which will add to quality of survey. For the process excel is being used for recording
and interpretation of graphs for the analyzed result.
Any particular characteristics of your participants?
Selected participants are the employee of business organization as they have enough
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knowledge about the topic and area.
Any other details of research settings.
For the alternative research setting, researcher can use interview. I will helps ion
providing needful information to which is needed by investigator for establishing good
quality of research paper. It will be an inclusion of open-ended questions which is to be
asked from various selected candidates. However, this will count to the alternative
research methodology which will act like a backup to the primary research methodology
i.e. Questionnaire.
Critically evaluate and justify your selection.
Any primary or secondary data access issues expected?
As in the course by using primary and secondary data, investigator faced various issues
which relates to unethical behavior and also had to focus on time taken for collection of
the data. On the other hand, time for extracting secondary data, investigator faced
issues for finding various cited sources. With ultimately resulted in failure for proving
to the better quality of the research paper.
Section Six: Activities and timescales
Activities to be carried out during the research project (e.g. research,
development and analysis of ideas, writing, data collection, numerical
analysis, tutor meetings, production of final outcome, evaluation, writing
the report)
How long
this will
take:
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Milestone one: Research proposal
Target date (set by tutor): 19/02/2021
Milestone two: Research Project Report
Target date (set by tutor): 04/04/2021
Reference list.
Cocuľová, J., 2020. Analysis of Selected Talent Management Practices in
Terms of their Impact on Keeping Talented Employees in Slovak
Companies. Quality-Access to Success, 21(178).
Ritz, A. and Sinelli, P., 2018. Talent Management–Überblick und
konzeptionelle Grundlagen. In Talent Management (pp. 3-31). Springer Gabler,
Wiesbaden.
Singh, A. and Sharma, J., 2015. Strategies for talent management: A study
of select organizations in the UAE. International Journal of Organizational
Analysis.
Mupepi, M. ed., 2017. Effective talent management strategies for
organizational success. IGI Global.
Pandita, D. and Ray, S., 2018. Talent management and employee engagement–a
meta-analysis of their impact on talent retention. Industrial and Commercial
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Training.
Janošková, M., Ubrežiová, I. and Čulková, K., 2020. Talent Management as a
Part of Sustainable Human Resources Management. In Strategies for Business
Sustainability in a Collaborative Economy (pp. 347-369). IGI Global.
Online
What is Talent Management? Definition, Strategy, Process and Models, 2019.
[Online]. Available through:
<https://www.hrtechnologist.com/articles/performance-management-hcm/what-
is-talent-management/>
Asda Strategic Analysis, 2020. [Online]. Available through:
<https://www.ipl.org/essay/Asda-Strategic-Analysis-PJCRCF2EFU>
Valuing your Talent case studies, 2021. [Online]. Available through:
<https://www.cipd.co.uk/knowledge/strategy/analytics/valuing-talent/case-
studies#gref>
Comments and agreement from tutor
Comments (optional):
I confirm that the project is not work which has been or will be submitted for another
qualification and is appropriate.
Agreed: Yes No Name: Date:
P2. Examine appropriate research methods and conduct primary and secondary research
Research philosophy- It is very first layer of the research onion and research philosophy is
the foundation of any research because it defines the set of beliefs the investigation is built upon.
There are three major kind of study philosophy are positivism, interpretive and pragmatism. The
positivist study considers the analysis that information exists outside of what is being researched.
In positivism, knowledge can only be obtained by empirical investigation that is supported on
assessment and observation. For the positivist, information can only be true, false or meaningless
(Hughes, 2018). On the other hand, interpretivism highlights the force that social and educational
aspects can have on a person. Thus view centres on the individual’s thoughts and ideas. Under it,
researcher plays an active role in the study as it’s necessary to illustrate a holistic view of the
contributor and their actions ideas and sense. On the other hand, pragmatism emphasises the
importance of utilising the finest instruments probable to study phenomena. The main aim of this
sort of philosophy is to approach study from a sensible point of view, where information is not
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rigid, but instead is frequently enquiry and construed. In this existing assessment, the researcher
will consider positivism research philosophy as the role of the investigator is limited to
information gathering and interpretation in an objective form.
Research approach- There is two main form of research approach inductive and deductive.
Inductive approaches entail generating conceptions form investigation rather than beginning a
project with a concept as a foundation. This tool could be used in the study of an otherwise
unknown secluded community. There is very little information about this society and therefore,
survey would have to be prearranged to collect information on the community, therefore leading
to the formation of concepts. Apart from this, deductive approach starts with a concept and aim
to make on it by research. This approach would be taken when investigating modifications in the
physical possessions of animals over time, as this would likely be entrenched in the perception of
evolution (Mahfoozi and et. al., 2018). Inductive approaches are basically utilised within
qualitative research whereas quantitative research tends to reflect a deductive approach, basically
informed by positivist philosophy. In this current research, the researcher will consider deductive
approach in order to completion of this research.
Research strategy- This coat of research onion related with the collection and gathering of
information to conduct a research. It can be defines that mind set of investigator that is linked to
approach which is used by enterprise. It includes case study, survey, experiment and others. All
these are the recommendations which can use by a researcher in order to conduct the research. In
this study, the surveyor will consider or will make use of survey method as it supports in
assembling more data and respond regarding research questions. It is a relevant tool which
provides appropriate and reliable information. Therefore, it will support in meeting demands and
performing research in more developed form.
Research choices- Regarding this research, there are two choices that are significant to the
surveyor in context of meeting research requirements. These are qualitative and quantitative
which are crucial and appropriate in order to collect more reliable and appropriate study
(Beamond, Farndale and Härtel, 2020). In research onion, this layer is related with the
quantitative and qualitative tools. There is a need to select the effective adequate method that
offers better outcomes. The qualitative research system will be utilised as it offers the rich
content by considering explanations and views.
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Data collection- It is connected to gathering information and data by utilising the reliable
and valid sources in an efficient manner. There is primary and secondary tool of data gathering
and assembling that supports in offering the relevant information in context of particular area. In
this investigation, the investigator will consider primary research method in order to data
collection which is more suitable due to offering first hand and pure content so that outcomes can
be assessed.
Research instruments- There are several research techniques such as interview,
questionnaire and many more that are utilised by investigator in context of assembling data.
Questionnaire is chosen as one of the effective research tool that will help to gather primary
information which leads to attainment of relevant and valid outcomes. Also it is analysed that it
is appropriate tool and process through which surveyor can gather information in easy form and
effective manner regarding the research area.
Research reliability and validity- The layer of research onion is majorly supported to the
tools of primary sources. Also, questionnaire is consisting like best source and tool as it will
support the primary sources (Anlesinya, Dartey-Baah and Amponsah-Tawiah, 2019). Along with
this, questionnaire is consider as effective source and tool as it will enable the researcher to
collect relevant and accurate information about the effectiveness of talent management strategies
in context of organisational success and development.
TASK 2
P3. Organise primary and secondary research using appropriate methods for a business research
project that consider costs, access an ethical issues
There are different methods included in context of gathering data in an appropriate form
that are explained as below:
Primary method- This kind of data collecting technique is analysed an efficient manner of
gathering data. In this process, the researcher will responsible to collect pure and reliable
information with the utilisation of different effective sources such as survey, experiment, group
discussion and interview etc. Therefore, it is the method which is important as well as it offers
effective information that is needed for conducting survey in an amended manner.
Secondary method- It is important in context of gather data within less time period. This
method enables in assembling content regarding the specific research project. There are several
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