Analyzing Talent Management Strategies at Marks and Spencer

Research Proposal Form
Student Name
Student ID
Centre Name
Tutor
Unit No
Proposed Title
Section One: Title, objective, responsibilities
Title or working title of the research project (in the form of a question, objective or hypothesis)
TITLE: “To analyse how talent management helps the business to manage and retain
competent workforce. A study on Marks and Spencer
Research aim:
“To identify the effective talent management strategies used by organisation to retain
and manage competent employees”. A study on Marks and Spencer.
Research 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 Objectives
 To understand the concept and importance of talent management.
 To determine various talent management strategies used by Marks and Spencer to
retain and manage its employees within an organisation.
 To examine challenges faced by Marks and Spencer while implementing talent
management strategies at workplace.
Research Questions
 What is the concept and various talent management strategies used by Marks and
Spencer to retain and manage its employees within an organisation?
Section Two: Reasons for choosing this research project
Reasons for choosing the project (e.g. links to other subjects you are studying, personal interest,

future plans, knowledge/skills you want to improve, why the topic is important):
One of the main reason behind conducting this study is to analyse how talent management
help businesses to retain and manage competent workforce within an organization. In addition
to this, it help researcher in both personal and professional context. If it is talking about
professional context, it help in gaining knowledge about talent management strategies which
help investigator to perform the job in future where it works. Other hand, it help in improving
and learning skills such as data analysis, data collection, data interpretation, time management
and many more. Moreover, it also help researcher to systematically conduct future studies and
grab opportunities effectively.
Section Three: Literature sources searched
Use of key literature sources to support your research question, objective or hypothesis:
Concept and importance of talent management
According to Susan, (2019), Talent management is defined as a systematic method of
analyzing and determining the different vacant positions, recruiting suitable candidates as well
as developing major skills and expertise of the candidates. In addition to this, it is the
procedure of acquiring, retaining, improving and enhancing the skills and attributes of
employees in order to achieve organizational objectives (Talent management, 2019). It is
important for an organization to retain its employees as it help in increasing productivity,
develop brand image, systematic implementation of activities, increasing profitability and
many more.
Various talent management strategies used by Marks and Spencer to retain and manage its
employees within an organisation
As per the view point of Hannah, (2021), It is determined that there are various approaches
used by companies for talent management. One of the strategy is providing effective training
and development session to stop members as it help them to gain both personal and
professional growth (Talent Management Strategies, 2020). In addition to this, higher
compensation as well as rewards and recognition is also considered as a strategy of managing
talent as it motivate staff members to work with full potential and retain at work place for
longer time frame. Apart from this, there are also other strategies such as allow participation of
employees in decision-making, provide flexibility and many more.

Challenges faced by Marks and Spencer while implementing talent management strategies at
workplace
According to Andre, (2020), It is analyze that there are various challenges faced by companies
while implementing talent management strategies and to deal with this is important in order to
maintain performance and productivity within the marketplace. One of the major issue is
ineffective leadership due to which companies not able to provide right direction to staff
members (Talent management challenges, 2020). Along with this, the demand of high
compensation is also the issue as it impact negatively on the overall profitability of company.
Apart from this, there are also other challenges such as identification of high potential talent,
encouraging passion, offering impressive salaries and so on.
REFERENCES
Books & Journal
Pantouvakis, A. and Karakasnaki, M., 2017. Role of the human talent in total quality
management–performance relationship: an investigation in the transport sector. Total
Quality Management & Business Excellence, 28(9-10), pp.959-973.
Narayanan, A., 2016. Talent Management and Employee Retention: Implications of Job
Embeddedness-A Research Agenda. Journal of Strategic Human Resource
Management, 5(2).
Online
Talent management, 2019 [Online] Available through;
https://www.allassignmenthelp.com/blog/talent-management-explanation-and-
concepts/#:~:text=Talent%20management%20can%20be%20defined%20as%20a
%20systematic,same%20time%20the%20business%20objectives%20are
%20achieved%20satisfactorily.
Talent Management Strategies, 2020 [Online] Available through;
https://www.edapp.com/blog/10-talent-management-strategies/
Talent management challenges, 2020 [Online] Available through;<
https://peopletreegroup.com/en/the-5-biggest-talent-management-challenges-facing-
companies-today/#:~:text=%20The%205%20Biggest%20Talent%20Management
%20Challenges%20Facing,Needs.%20Training%20in%20organisations%20tends
%20to...%20More%20>

Section Four: 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):
Introduction
Aim and objectives
Literature review
Research methodology
Submission of research proposal
Data collection
Data analysis
Conclusion and recommendations
Reflection
Submission of final report
How long this will
take:
1 wk
1 wk
4 wks
2 wks
1 wk
5 wks
3 wks
2 wks
1 wk
1 wk
Milestone one: _________________
Target date (set by tutor): _________________
Milestone two: _________________
Target date (set by tutor): __________________
Gantt Chart