Effectiveness of Talent Management: A Study on Arcadia Fashion Retailer

Talent Management
for Entrepreneurs and
Small Businesses

Contents
TITLE: To identify effectiveness of talent management. A study on Arcadia fashion retailer......2
P1 Research proposal...................................................................................................................2
INTRODUCTION...........................................................................................................................2
Background..................................................................................................................................2
Aims and Objectives....................................................................................................................2
LITERATURE REVIEW................................................................................................................3
Meaning of talent management...................................................................................................3
Benefits of effective talent management.....................................................................................3
Issues in managing talent within the company............................................................................4
The best strategy or key of managing and retaining talent within an organization.....................4
RESEARCH METHODOLOGY....................................................................................................5
P2 Appropriate research method.................................................................................................5
P3 Conduct primary and secondary research using appropriate methods for a business research
project that consider costs, access and ethical issues..................................................................6
P4 Research findings and data.....................................................................................................7
P5 Research outcomes (600).....................................................................................................11
P6 Reflection on learning..........................................................................................................11
P7 Recommendations for improvement....................................................................................12
CONCLUSION..............................................................................................................................12
REFERENCES..............................................................................................................................13
APPENDIX....................................................................................................................................15
Questionnaire.............................................................................................................................15
1

TITLE: To identify effectiveness of talent management. A study on Arcadia
fashion retailer
P1 Research proposal
INTRODUCTION
Talent management is a constant process that contains attraction and retention of skilled
workforce within an organization (Taylor, 2018). This preset study is based on Arcadia group
that is fashion retailer and owns several brands. Talent management is considered one of the
main key of success of company and support companies in developing their business. Some
employees resist to adapt changes and work according to policies of companies and it creates
barriers in talent management. But with the help of motivation, training and using appropriate
selection and recruitment strategies, companies can solve this problem and can make a pool of
talent workforce within organization.
Background
Talent management is a process of recruiting and retaining employees within an
organization that has several advantages for both company and employees. This study is going to
show effectiveness of talent management along with approaches and the best strategy by which
Arcadia group and other companies can retain their talent. Further, it will discuss some problems
which occur while managing talent. Lastly, it will show effectiveness of research methodologies
for accomplishing goals by gathering appropriate information.
Aims and Objectives
Aim
“To explore advantages of talent management and retention”.
Objectives
 To identify the process and meaning of talent management.
 To explore benefits of effective talent management.
 To identify issues faced by Arcadia Group in managing talent.
 To identify the best strategy or key of managing and retaining talent within an
organization.
Research questions
2

1. What is the process and meaning of talent management?
2. What are some benefits that Arcadia group can have by managing workforce its
business?
3. Which kinds of issues occur while employer manages talent within their company?
4. What is the best activity that makes successful talent management?
Rationale
Talent is one of the main important resource and key of the success but there are some retailers
that do not know some ways of managing and retaining talent (Bratton and Watson, 2018). So,
making them aware about importance of talent management along with the best strategy by
which they can increase employees’ retention rate or manager talent is the main reason of
conducting this research.
LITERATURE REVIEW
Meaning of talent management.
According to the Krishnan and Scullion, (2017) talent management is one of the effective
business strategy that is being used by HR for retaining their topmost talent within organization
and motivating them towards accomplishing goals. On the other hand, Wiblen and McDonnell,
(2018) stated that talent management is organization’s commitment towards recruiting, hiring as
well as making employees able to stay with the company and help them out in meeting their
objectives.
For more supporting above view, Cotton and et.al., (2017) said that talent management is
one of the most important business strategy that makes employers able to become successful and
developing business. It consists of several activities such as: recruitment planning, job
description, motivation, training, making job offer, goal setting, feedbacks and promotion. So, it
can be said that all those activities that help company in employing and retaining talented
workforce within organization is called talent management.
Benefits of effective talent management.
There are several benefits of talent management. As per the view of Kaliannan, Abraham and
Ponnusamy, (2016) talent management increase employees’ experience and motivate them
towards improving performance and accomplishing goals. On the other hand, Mupepi, (2017)
3