Role of Talent Management in Retaining Employees - Research Proposal

RESEARCH PROPOSAL

Table of Contents
INTRODUCTION...........................................................................................................................2
LITERATURE REVIEW................................................................................................................4
METHODOLOGY..........................................................................................................................6
LIMITATION..................................................................................................................................7
CONCLUSION................................................................................................................................8
TIME PLAN....................................................................................................................................8
REFERENCES..............................................................................................................................10

INTRODUCTION
Background
Talent management is very essential for business to effectively manage their business by
attracting more talent within the business. talent management is important for the business in
managing and retaining employees as this includes taking all the decision relating to betterment
of employees. This includes decision relating to recruitment, training and development,
performance appraisal, orientation and induction, compensation management and many others.
Hence, when an employee works in organization then they cannot work in isolation and requires
some motivation to continue to work in company and hence, for this talent management is being
used.
The current research is based on company NISA which is a British multinational
company dealing in variety of products. The company was founded in the year 1977 by Dudley
B Ramsden and Peter Garvin. The company is headquartered in Scunthrope in UK and deals in
groceries and retailing products. The current research will outline the role of talent management
in the retention of employees. Further this research will outline the different challenges which
NISA might face at time of managing talent within the company.
Statement of problem
The major issue relating to the topic is that if employees within the company will not be satisfied
then this will affect the profitability of the company. Hence, for this it is essential to complete the
research on role of talent management so that company can work on attracting employees. The
major reason under this is that if employees within the company will not be happy then they will
leave the company.
Research question
1. What is the concept of talent management?
2. What is the importance of talent management in retaining employees within the
company?
3. What are the different challenges which company can face at time of managing talent
within the company?
4. What are some of the recommendation for the company in effective talent management to
improve performance of company and employees?
Research objectives

Aim- to investigate the role of talent management in retaining employees in company for
enhancing business performance. A study on Morrison.
Objectives
 To articulate understanding relating to talent management.
 To analyse the importance of talent management in retaining employees for improving
performance of Morrison.
 To examine the challenges which are being faced by Morrison in implementing talent
management for retention of employees.
 To recommend some of the measures for Morrison to apply in order to manage talent for
retention of employees.
Research rationale
In the present competitive world there are many different companies working in same
industry and they try to attract employees of other competitors. The major reason underlying this
fact is that talent management is important for retaining employees to work in the same
organization and not leave the company. Hence, this was the major reason for the selection of the
research topic of talent management. In addition to this another major reason for the selection of
the research topic of talent management is personal and academic interest of the researcher
within the research topic.
LITERATURE REVIEW
Theme 1- Understanding concept of talent management.
In accordance with thinking of Taylor (2018) talent management is defined as a process
through which company tries to attract its employees to remain in the company for a longer
period of time. This is necessary as this will assist the company in retaining the best talent within
the company. This is crucial because of the reason that when effective employees work in the
company then the performance of company becomes more effective and efficient. In addition to
this talent management is also necessary to keep all the records of employees and try to motivate
the employees to improve their performance in business.
On the flip side Krishnan and Scullion (2017) argues that talent management is a concept
which relates with managing talent in company. This is essential as this assist in retaining talent
in the company and because of this company will retain talented employees in business and will
improve overall performance of company.