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Resource and Talent Planning

   

Added on  2023-01-11

17 Pages5304 Words66 Views
Resource and Talent
Planning

Contents
INTRODUCTION...........................................................................................................................3
TASK 1............................................................................................................................................3
P1 Analyse of current labour market that influence talent management and workforce
planning..................................................................................................................................3
P2 Different types of legal requirement related with workforce............................................5
TASK 2............................................................................................................................................7
P3 Anticipate of skills requirements along with organisational example..............................7
TASK 3............................................................................................................................................8
P4 Person specification and Job description..........................................................................8
P5 Different recruitment and selection methods for effective talent resource and planning10
TASK 4..........................................................................................................................................12
P5 HR life cycle stages.........................................................................................................12
P6 Stages of HR life cycle and its integration with organisational HR strategy..................14
CONCLUSION..............................................................................................................................15
REFERENCES..............................................................................................................................16
.

INTRODUCTION
Resource and talent planning is one of the most important function that manage and
monitor coordination among all workforce who are engage in organisational operations and
functions. The main motive of resource and talent planning is to identify and recruit talent
employee that can add value in accomplishing organisation goals and objectives. The
organisation select for understanding of this report is Argos that is a British English organisation
operating their business in retail industry (Sparrow, Hird and Cooper, 2015). This is a Subsidiary
organisation of Sainsbury which headquarter is situated in Bury, England. Moreover, the report
highlights labour market trend which is influenced by talent management team. This report will
also include different kinds of legal requirements that are required for better workforce planning.
It also undertakes skills and capabilities in the upcoming report that are required by human
workforce in future. In the last, different stages related with HR Life Cycle and its integration in
organisational HR strategy will also focused in the report.
TASK 1
P1 Analyse of current labour market that influence talent management and workforce planning
Workforce planning is one of the most effective method or technique that is adopted by
companies to match them with requirements of organisational goals and objectives. This
approach is utilised by HR department of Argos on regular basis to match and fulfil needs of
human resource with in specified time period.
Workforce planning is a continue process which is used for aligning all needs of organisation in
order to match them with employee requirements. The main motive of workforce planning is to
generate a bridge between workforce and organisation. Like, service and production of
organisation must match with employee efforts or roles. So company and employees both are
able to accomplish better results in future (Sparrow and Makram, 2015). Along with this due to
better coordination between workforce and company operation productivity is also increased. So
it is the responsibility of HR to minimise risk associated with business strategy through
recruiting right persons and individuals.

Figure 1Source(https://www.vectorstock.com/royalty-free-vector/word-cloud-workforce-
planning-vector-17232633)
Current labour trend
Business organisation are performing their work at global level so it is essential for them
to update their operational activity that leads to enhance market area. It also leads organisation
for managing and completing their work according to international market environment or
conditions. In order to manage operations and functions at large level it is essential for Argos to
recruit large number of workforce that contributes in completing all activities in an right manner
(Rothwell and et. al., 2015). Moreover, in relation of HR manager it is initially analyse that from
recent times labour market trend directly impact on employees performance. Therefore, it is
essential to complete its work as per labour market trend which are mention as follow:
Part time job- The main focus of HR authorities and manager of Argos Limited is to
retain skilled employees for longer period. Similarly, another aim is to reduce employee
turnover so as per trend of part time job. It is beneficial to monitor work performance of
all workforce either they are permanent or on part time basis. From perspective of HR
manager of Argos this trend to utilise strength of part time employees for improving work
performance that also provides competitive edge to company in the market.

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