Resource and Talent Planning

Resource and Talent
Planning

Contents
INTRODUCTION.......................................................................................................................................3
TASK 1.......................................................................................................................................................3
P1 Current labour market trends that have impact on workforce and talent management planning.........3
P2 Assorted types of legal requirements an organization within the workforce planning........................5
TASK 2.......................................................................................................................................................6
P3 Current worker market trend and legal needs which includes anticipated skills within firm..............6
TASK 3.......................................................................................................................................................9
P4 Person specification and job description documents for effective selection and recruitment..............9
P5 Assorted selection and recruitment methods for effective talent resource and planning...................11
TASK 4.....................................................................................................................................................12
P6 Stages of HR life cycle applicable of particular HR context.............................................................12
P7 Examine HR life cycle stages within organizational HR strategy.....................................................12
CONCLUSION.........................................................................................................................................14
REFERENCES..........................................................................................................................................15

INTRODUCTION
Talent and resource planning plays crucial role within the business and team members in
various aspects like recruiting and hiring skilled and knowledgeable people for delivering
resources on time along with maintain entire talent of people at workplace. Thus, function of
resource and talent planning ensures that firms are able to determine and attract key talent from
market with capability to develop competitive advantages and helps firm to achieve desired
goals. This report is based on Argos Ltd. that operates their business operations within retailing
sector and headquartered in Buckinghamshire, England. Moreover, discussion will be based on
varied method of legal needs and several methods or process of recruitment and selection. At
last, human resource strategy and HR life cycle will get covered (Armstrong and Taylor, 2014).
TASK 1
P1 Current labour market trends that have impact on workforce and talent management planning
Human resource management plays significant role within several kind of business
administration that perform several kinds of functions in order to produce several policies and
plan for individuals at workplace. In order to formulate particular policies and functions for firm
human resource manager can easily develop best environment for their entire workforce. Along
with this, Human resource management considered as very helpful aspects as it helps in
resolving conflicts, issues and problems between firm and employees at workplace. In regards
with Argos organization, top level of management is able to adopt current and latest market
trends or strategies that all helps HR management of firm in order to increase performance skills
and knowledge of their employees so that they can perform well and able to achieve targeted
goals towards firm (Dessler, 2013).
Apart from this labour plan plays crucial role within every business activity as it helps to
execution of several strategies on order to change working environment. Further it will helps
management team of Argos industry to adopt more effective working style in order to face any
kind of challenge so that they can sustain their business long time. Therefore, it is essential for
firm and make firm profitable and increase their sustainability within competitive scenario.
Overview of firm:

Argos Company conducting its every operation within retailing store which was
established in 1972. Within the current scenario this company is having around 29,768
employees along with offering better quality of goods and service to employees. With the help of
selling effective quality of goods they can increase their productivity at marketplace.
Types of labour:
Semi-skilled labour: According to this category of works are having huge skills and
better working capabilities to handle every operation of firm.
Skilled labour: In involves tools maker, carpenter, typist, dishwasher and many more.
Unskilled labour: It includes those people who able to perform their working task easily
and lacks need of training and developing session for needed task (Church and Silzer, 2013).
Current market trends that have impact on Argos talent management:
Globalization: Within the current scenario of world, there are so many firms who are
operating their business at high level in order to achieve desired goals with huge profit
effectively. With the help of this they can achieve competitive advantages and more interested to
increase their market share. Herein, Argos allows managing for recruiting, selecting and hiring
skilled or knowledge employees in order to achieve attainment of desired goals and objectives.
Demographic change: It is based on shares and their reduction or increment within
population in any specific area or place in a specific country. It identifies the huge population
level is higher and high population availability. Moreover, as per the governmental survey it has
been taken by UK government with the majority of population. Thus, it develops few issues for
respective firm to regularly hire talented people (Guerci and Solari, 2012).
Current labour trends:
Industry: According to the current scenario, industry revolution has ample number of job
options for employees as technology is rapidly increase with effective digitalization aspects. For
example: Within the market there are numerous stores of selling goods and services. Though, the
all are mainly replaced through moving their services. It means supplying of goods regularly
change as per the market demand of consumers. Thus, the method of supplying product and