This report discusses the concept of talent management and its importance during the COVID-19 pandemic. It explores the impact of talent management on organizations and provides recommendations for effective talent management strategies. The report focuses on Burberry, a luxury fashion house headquartered in London, UK.
Contribute Materials
Your contribution can guide someone’s learning journey. Share your
documents today.
review unit 6
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
Contents INTRODUCTION...........................................................................................................................3 MAINBODY...................................................................................................................................3 LITERATURE REVIEW................................................................................................................3 Identify the concept of talent management:.................................................................................3 Importance of talent management during pandemic...................................................................4 Identify the impact of talent management on an organisation during pandemic.........................5 Findings and Analysis......................................................................................................................6 RECOMMENDATIONS.................................................................................................................7 CONCLUSION................................................................................................................................7 REFERENCES................................................................................................................................9
INTRODUCTION Talentmanagementistheconstantprocesswhichinvolvesretainingtheexisting employees and attracting the potential workforce. It involves developing the skills of the employees and also continuously motivating them so that they can make improvements in their performance. The main objective of this practice is to motivate the staff so that they can stay with the organisation for the longer time period. The organisation chosen for this report is Burberry, a luxurious fashion house which is headquartered in London, UK(Boocock,Page- Tickell,and Yerby,2020).It mainly designs and distribute the ready wear clothes, fashion accessories, fragrances, eye wear, cosmetic and leather goods. This report shall cover the literature review on talent management and is it necessary during the Covid 19 pandemic. MAINBODY Aim: To figure out the need of Talent Management during the pandemic COVID19 situation. Objectives: ï‚·To Identify the concept of talent management. ï‚·To explain the Importance of talent management during pandemic. ï‚·To Identify the impact of talent management on an organisation during pandemic. LITERATURE REVIEW Identify the concept of talent management: According to Staff Writer (2020), Talent Management is a method which helps in the growth of the person who is rightly talented by making them coming on board and tries to enhance there capabilities and there optimal skills of working, This is mainly helpful to identify the position of working of the person or employees in the Burberry and help them to enhance there skills in respect of future work and focuses by engaging, motivating, or retaining that person in different ways, Talent Management mainly works on the agenda of making a better and strong work force so they may earn more profit and gain maximum customers by their new ideas and techniques.(Cook, and Rougette,2017)They trained there employees about all the digital techniques and even led them to give there ideas for the organisation mainly this has been setted out to give the companiesmore profit within even limited resources. This process aims in attracting the talented employees and giving them an advance training for the benefit of there
organisation as they also fills the it with talented employees as to achieve there long term business goals..(Fahmi, T.M. and Mohamed,2020).Thus, a companies strength depend upon the working and capabilities of the employees so every organisation tries to train there employee in a best way possible and also hires the new candidates who has that for vision of having some advance methods to make the organisation to achieve its goal and also tries to motivate there employers by providing them profits, incentives and logics(What is Talent Management? Definition, Strategy, Process and Models,2019) Importance of talent management during pandemic According to Mona Momtazian (2020), talent management is a sytratergy for gaining more profits and during pandemic this has variably helped in some ways as mentioned below:ï‚·Tries to cover critical roles:An organisation mainly tries to cover all the critical roles and the needs which are important for the market and as in the pandemic situation everythinggotchangedandasBurberryhasgivenanefficienttrainingtothere employees to work in every situation with proper techniques. So the talent management helps the employees to think beyond the limits and cover all the areas and needs of the customers. EfficientlyincreasingEmployeesPerformance:Asthroughthetalentmanagementthe employees works with proper optimal capabilities and strategies, During pandemic this has come out as a boon to the company as employees has worked from their home for the company and with proper management and techniques as they came out with different ideas and innovations for helping out the organisation to make their customers satisfy(What is Talent Management and Why is It Important?2020)ï‚·Employees Motivation:During this pandemic situation their were many workers and people felt demotivated and helpless ads it has changed all the scenario of working and also there normal lifestyle is affected, In this case Talent management helped out in a structured way as they trained there employees and always tries to motivate them towards working and earning well as most of the employees gets motivation if they earn more money by there efficient working(Holck, and Stjerne, 2019).Burberry has the best talent management system as they motivates there employee for working with a progressive way, Thus talent management provided a proper motivation to there employees in the pandemic situation.
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
ï‚·Leadership Qualities:The Talent management is helping the employees to work in a team and giving the ideas which are helpful in this pandemic situation this turns out that underrated employeeswho werenot been seen or observed turns out to a good leader and this training sessions helped the employees to improve themselvesby cooperating with low resources and making something innovative and giving better ideas for the organisation(Johara,Yahya,and Zainal,2020).So, the leadership and teamwork is developed in most of the members. Identify the impact of talent management on an organisation during pandemic According to Nurhuda Syed, As the pandemic has arises it has changed the whole perspectiveofthecountriesandhasaffectedal,mosteverysectorintheworld.Talent management has helped the organisations in various ways which are as mentioned: Job security:As the pandemic has arisen it has effected all the areas and sectors merely there is a recession around the globe and that made them not to even earn the basic amount that they may give salaries to there employees resulted that approx 50% of the employees has lost there jobs and are sitting at there homes and rest others are working on almost half pay scale this made the organisation demotivated and disturbed and resulted them to work loss there confidence. Talent management has helped them out as they trained there employees for such condition and motivated them to give new strategy and techniques for the organisation and they are not going to loose their jobs this motivated the employees to work efficiently and remove there barrier of thinking and working ability(Will COVID-19 drastically impact talent management?,2018).ï‚·Preparing them for New Normal:The employees were trained proficiently for there working conditions as Talent management has helped them as the organisation is providing the special training to all the employees for working in different conditions, there has been made several trainings and sessions for the new joining ans the existing staff about there working in such pandemicvirtually(Krishnan and et. al., 2020). Burberry has motivated there employees towards giving innovative ideas and virtually helping there employees to achieve there goals.ï‚·EnhancingDigitalskills:Talentmanagementhasalwayshelpedinmakingtheir employees to trained in all way possible as they make there employees to learn better technological skills and in this pandemic the company has vested all their technical team to train there employees to work sitting at home without any problem.
ï‚·Employeesadaptedthechangingorganisation:Talentmanagementimplemented various techniques to work in any area with out any problem as they always tries to train according to the changing situation and made organisation to work according to the pandemic(Lotfi, Hasani, and Esfahani, 2020).As Burberry has trained their employees to work for the customers with a changing trend and started fulfilling the customers current demands with advancement. Findings and Analysis From this above report after analysis it is found that, Talent management is an important key which helps the employees as well as the organisation to improve there working skills as Talent management develops a method where organisation hires the employees which are focusedandhaveoptimalcapabilitiesandthentrainsthemaccordingtothereworking requirements, Employees were motivated through different means to achieve the goals that may be through incentives, appreciations, rewards or bonuses. In this current situation of pandemic COVID19, all the business were adversely affected which results in loss, removal from jobs, demotivation and insecurity towards there working sector, in these instance Talent management helped out and came out as an important element like they had provided various training sessions virtually to there employees kept them motivated towards there work and made them to adapt the New Normal. It is further analysed that Talent management helps as an important element for the organisation, and gave the companies a method through which they may make there employees work in prominent way. Burberry has also adapted this feature and tries to motivate their teams and there employees(Lysenko,and Kovaleva,2016).It helped the company to identify the actual talent and workers who are needed to be focused on their has been given them further training for the post pandemic scenes,they made there technological sector more advance as it was before and tried to set all the virtual meeting sessions for the employees to guide them and frame them to work in a team even after sitting in different areas. These sessions helps all the interns or the employees who had joined within few months before the pandemic came out to properly learn the tactics and working process of the organisations even in adverse situation, and build there confidence towards the company and there jobs(Pocztowski, Pauli, and MiÅ›, 2020). Thus, Talent management came out as a boon in this pandemic and helped the organisation to make there employeeswork harder without any stress and make their team work more
ironmonger by giving them motivation and various ideas about working sectors with new technology and advancements, as it developed the confidence in the people that if they have talent they may earn from any side of the area without any problems. The working conditions are changed but this really helped the employees to think beyond the boundaries and extend there thinking capabilities without having fear of loosing a job. RECOMMENDATIONS It is recommended from this report that, All the organisations should start using Talent management as a key element and should hire employees by seeing there capabilities for the future growth, their should be a training session in all the organisation even if it is not that big. A proper teamwork and management should be done and employees should get the knowledge about the aim and agenda of the company. Their should be provided a healthy environment to the employees where they should ask there doubts. In this pandemic situation all the organisation should motivate their employees and try to train them virtually and boost their confidence. Employees shouldbe provided some motivation in the form of incentives as that may boost them to work with motivation without any problem. CONCLUSION It is concluded from this report that, Talent management is an important element for the organisation and it helps for the growth of the workers and there respective organisation it provides various methods like training, planning, teamwork to there employees through which organisations and employees improves their performance this implies to all the sectors and as in pandemic situation Talent management helped out the employees who are working from home and have better knowledge to gain more confidence in them as they can now work more strongly and with better techniques. Furthermore, it is analysed that Talent management is an effective tool for the companies in order to grow and built confidence in there employees and maintain a strong teamwork.
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
REFERENCES Books and Journals Boocock, A., Page-Tickell, R. and Yerby, E., 2020. The Dis-evolution of Strategic HRM in the Gig Economy from Talent Management to Supply Chain Manager. InConflict and Shifting Boundaries in the Gig Economy: An Interdisciplinary Analysis. Emerald Publishing Limited. Cook, S.L. and Rougette, V., 2017. Talent management and older workers: Later life career development.InAgeing,organisationsandmanagement(pp.113-140).Palgrave Macmillan, Cham. Fahmi,T.M.andMohamed,H.A.S.,2020.ExaminingtheRelationshipBetweenTalent Management Practices, Work Engagement and Intention to Quit of Academic Staff: Insights from Egyptian Faculties of Tourism and Hotels.International Journal of Hospitality & Tourism Systems,13(1). Holck, L. and Stjerne, I.S., 2019. How Inclusive Can Exclusive Talent Management Be?. InManaging Talent: A Critical Appreciation. Emerald Publishing Limited. Johara, F., Yahya, S. and Zainal, S.R.M., 2020. Evaluating Social Engagement Through Talent Management Practices. InTourism Policy and Planning in Bangladesh(pp. 193-204). Springer, Singapore. Krishnan and et. al.,2020. Talent management practices impact on Malaysian SMIs managers job performance.International Journal of Learning and Intellectual Capital,17(1), pp.1-26. Lotfi, A., Hasani, A. and Esfahani, S.A., 2020. Performance assessment of talent management system via using system dynamic approach and scenario planning (case study: Iran Falat-QhareOilCompany).InternationalJournalofProductivityandQuality Management,29(1), pp.62-93. Lysenko,E.andKovaleva,I.,2016.Involvementofpersonnelinthesystemoftalent management: content analysis of international, federal and regional companies sites, havingactivitiesontheterritoryofRussianFederation.In3rdInternational Multidisciplinary Scientific Conference on Social Sciences and Arts, SGEM 2016(pp. 549-556). STEF92 Technology. Pocztowski, A., Pauli, U. and MiÅ›, A., 2020.Talent Management in Small and Medium Enterprises: Context, Practices and Outcomes. Routledge. Online WhatisTalentManagement?Definition,Strategy,ProcessandModels,2019.[Online] Available through; <https://www.hrtechnologist.com/articles/performance-management- hcm/what-is-talent-management/>. What is Talent Management and Why is It Important?,2020. [Online] Available through; <https://expert360.com/resources/articles/talent-management-important>. Will COVID-19 drastically impact talent management?,2018. [Online] Available through; <https://www.hcamag.com/asia/specialisation/payroll/will-covid-19-drastically-impact- talent-management/223045>.