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Talent Management and Workforce Planning in Sainsbury

   

Added on  2023-01-11

13 Pages4546 Words71 Views
Resource
And
Talent
Planning

Table of Contents
INTRODUCTION...........................................................................................................................3
TASK 1............................................................................................................................................3
P1: Analyse current labour market trends that influence talent management and workforce
planning..................................................................................................................................3
P2: Explain the different types of legal requirements an organisation must take into account
when workforce planning.......................................................................................................4
M1: Analyse the influences of labour market trends and legal requirements on the workforce
planning of a specific organisation.........................................................................................5
TASK 2............................................................................................................................................6
P3: Based on current labour market trends and legal requirements determine current and
anticipated skills requirements for a range of organisational examples.................................6
M2: Analyse current and anticipated skills requirements in response to identified labour
market trends and legal requirements for a range of organisational examples......................7
TASK 3............................................................................................................................................7
P4. Develop appropriate example of job description and person specification documents for
effective recruitment and selection.........................................................................................7
P5. Apply various recruitment and selection method for effective talent resourcing and
planning..................................................................................................................................8
M3 Effective of different processes and methods of recruitment and selection are for talent
resourcing.............................................................................................................................10
TASK 4..........................................................................................................................................10
P6. Apply the various stages of HR Life-Cycle applied in HR contexts.............................10
P7. Evaluate how stages of HR Life-Cycle are integrated within organisational HR strategy11
M4 Importance of the HR life-cycle in relation to strategic talent management.................12
CONCLUSION..............................................................................................................................12
REFERENCES..............................................................................................................................13

INTRODUCTION
Resources can be said to be materials, tools, lands etc., which are not present in
abundance and are required to be utilised by entrepreneurs to remain stable in a perfect
competition market. Talent refers to special skills in an individual through which they can easily
perform their tasks whether easy or difficult. For the following project report Sainsbury is
chosen. It is a retail supermarket chain established in United Kingdom. Mike Coupe is Chief
Executive Officer of the company from 9th July, 2014. He also owns 16% shares in company.in
the following report description of labour market trends which influence team management as
well as workforce planning along with a number of legal requirements as per planning a
workforce. It also contains development of appropriate example of job description and
specification of documents required for a person in order to carry on with an effective
recruitment and selection method. This report has also applied stages of HR Life Cycle and its
evaluation in relation with HR strategy of an organisation.
TASK 1
P1: Analyse current labour market trends that influence talent management and workforce
planning.
Talent management helps in creating opportunities for the survival and growth of the
business so that the company can sustain the competitive environment. The planning of human
resource is done under this. The manager of the company put special focus on acquisition and the
retention of the employees, they influence the employee so that individual and organisational
goal can be accomplished (Baron, 2016).
Workforce planning is a continual process under which requirement of human resources
are identified so that strategic decision can be developed for recruiting new talent. It is very
essential for any organisation to recruit talent which can contribute positively to the firm’s
development. Managers of the company put special emphasis on identifying the needs and hiring
accordingly so that firm efficiency and effectiveness can be increased.
There are lot of trends which are affecting talent management and workforce planning in a
positive manner, some of them is as follows: -

Globalisation: It is a global process of interacting and integrating among various
company’s worldwide so that internationalization trade can be established because of this
interdependency of world economy is increasing day by day. Manager of the Sainsbury company
is using Globalisation to acquire talent from various parts of the country so that workforce
planning can be done and by that efficiency of the company can be increased substantially. The
company not only focus in United Kingdom but also to different parts of the world. They focus
mainly on developing countries so that they can get able employees by paying minimum amount
of wages. Globalization has worked completely in favour of company (Ridgway, 2019).
Technological changes: It is very important to adopt with the change in technology if an
organisation want to work for a long run. It is the ability of organisation to dealt with the change
in technology creates opportunities for survival and growth of the business which will help them
to sustain the global competition. Manager of Sainsbury company is positively affected with
workforce planning and talent management as they are focusing on installing new machinery,
software and IT products for the welfare of organization and their employees. In some of the
cases it will reduce labour cost as technology will eliminate the usage of labour by that efficient
will increase and error will reduce which will help in achieving goal faster.
Demographic: This trend of talent management and workforce planning helps the
manager to terminate the current or old employees so that recruitment of new candidates with
high skills can be done. It results in reduction of mistakes and paying of less salary that will have
the cost.
Thus, with the help of current labour market trends the company can acquire a fresh
workforce and talent. The workforce planning can be done in more appropriate way for the
betterment of the organisation at the same time. With the recruitment of fresh talent error and
mistakes can be mitigated.
P2: Explain the different types of legal requirements an organisation must take into account
when workforce planning
In case if the organization wants to work in a society it is important that they are aware of
all the legal and social responsibilities. The company should have the vision of future want
changes can be expected and make decision accordingly so that it does not contradict (Sohel-Uz-
Zaman, 2018). The roles and regulation imposed by the government for an organization is known

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