Impact of Competency Management in Accenture : Report
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Added on 2020-01-15
Impact of Competency Management in Accenture : Report
Added on 2020-01-15
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RESEARCH PROPOSAL:(Systematically study the impact of competencymanagement on employee performance: Accenture,Bangalore)
TABLE OF CONTENTSINTRODUCTION......................................................................................................................1Background of the study........................................................................................................1Rationale for choosing topic..................................................................................................2Research Aim and Objectives................................................................................................2Aim.....................................................................................................................................2Objectives...........................................................................................................................2Research Questions................................................................................................................3LITERATURE REVIEW...........................................................................................................3What is talent management?..................................................................................................3Different talent management practices that helps in enhancing the performance ofemployees...............................................................................................................................4Effects of talent management systems on the performance of employees.............................5RESEARCH METHODOLOGY...............................................................................................6Research Philosophy..............................................................................................................6Research Approach................................................................................................................6Type of Investigation.............................................................................................................6Data collection method..........................................................................................................7Sampling method...................................................................................................................7Accessibility issues................................................................................................................8Ethical issues..........................................................................................................................8Data analysis plan..................................................................................................................8Research Limitation...............................................................................................................8TIME FRAME.........................................................................................................................10REFERENCES.........................................................................................................................12
INTRODUCTIONBackground of the study According to Reis and Quental (2014) employees are considered to be the mostimportant part of any organization. Firms are highly responsible for managing and retainingtheir workers by the way of adopting various practices. In this concern, there are variousstrategies adopted by companies through which organizations can retain their employee.Beardwell and Claydon (2007) stated in his article that talent management practices arewidely used concept nowadays in order to motivate workers and enhance their performance.It will result in greater employee output and less investment as well. Managing competenciesare one of the most important ways to foster employee and organizational high performance.With the help of this, company can easily motivate all the employees to perform moreeffectively. However, workers are highly dependent on several factors which might leads toenhance their commitment level as well as performance. From the past few years it has beenseen that competency management is increasingly discussed in the literature of HRM andHRD. However, it helps the researcher in finding out most suitable information and data asper the past studies of researchers. Majority of enterprises are following this practices inorder attract, select, develop and manage employees in an integrated and strategic way.According to Williams (2000) talent management is a concept which helps in developing andguiding all those workers of the firm who are effectively contributing towards the success ofan organization. However, the ability of this success does not lies to retaining the staff onlyrather it helps in understanding, managing and developing their talents in best possible ways.By the way of retaining talent among workers organizations can easily sustain betterperformance of their workers. Motivation factor is one of the most important factors of theincreased performance of workers. They can be easily motivated by the way of appropriatetraining and development programs. It enhances their level of talent and raises theircapabilities as well. For the same, Accenture provide can provide effective training to all theirworkers as all of them are highly responsible for delivering quality services to all theircustomers in more than 120 countries across the globe. All their employees are performingbest to deliver high quality services to their customers and maintaining profitable relationshipwith them. They can even perform better if company is successful in retaining their talent andmaintaining appropriate competence management. In this concern, it is quite possible for firms to adopt such strategies through whichthey can acquire talent from the external labour market. Further, it has been seen thatPage | 1
organizations has started focusing on investment in talent development activities in business(Huczynski and Buchanan, 2001). In this regard, the present study is taken into considerationwhich presented appropriate information about the talent management and its impact on theperformance of employees. The organisation selected for the purpose of this research is“Accenture Ltd.”. It is a global management consulting, technology services and outsourcingcompany. The employee strength at this centre is more than 500 employees and for all ofthem company is attaining various talent management practices in order to retain them.Further, this study gives appropriate information about the effects of talent managementsystems implemented at Accenture, Bangalore.Rationale for choosing topicOne of the major research issues in the present study is retention of employees intoday’s highly competitive environment. There is an increasing demand for highly talentedand skilled employees within organizations. It same applies to Accenture Bangalore as wellas it is the world’s largest consulting firm measured by revenue. For maintaining their brandpositioning and image in the market they require to go through the proper competencemanagement. However, retaining and incorporating talented employees possesses variouschallenges to the business units for developing high business growth while managing the costof the company. It is becoming a major issue that management of large organizations areundergoing to high pressure for retaining skilled workers. Without having proper talentmanagement within the business organizations they are not able to sustain in this highlycompetitive era. However, in incurs extra costing for appropriate training and developmentwhich most of the time not possible for the company.In order to provide better consultingservices as well as digital services Accenture requires sustaining talented workers. Further,the research focuses on the effective measures that Accenture can adopt for better talentmanagement. Due to sustain higher competitive advantage and retain more number ofcustomers organizations are spending enormous amounts of capital. The present study willhelp in evaluating and understanding the factors which helps Accenture in enhancingcompetitive edge and stability of the company. Research Aim and Objectives AimThe aim of this study is systematically study the impact of competency management onemployee performance: A case study on Accenture BangaloreObjectives To understand the concept and theories of talent management.Page | 2
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