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The Impact of Talent Management on the Role of HR

   

Added on  2023-06-18

27 Pages5804 Words315 Views
Leadership ManagementDesign and CreativityHigher Education
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Unit 11 Research Project
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TITLE: “ The impact of talent management on the role of HR”- 300.......................................................4
INTRODUCTION...........................................................................................................................4
Background of research..........................................................................................................4
Research aim..........................................................................................................................4
Research objectives................................................................................................................4
Research questions.................................................................................................................4
Significance of research.........................................................................................................4
LITERATURE REVIEW................................................................................................................5
RESEARCH METHODOLOGY.....................................................................................................7
Research Philosophy..............................................................................................................7
Research Approach.................................................................................................................7
Research Method....................................................................................................................8
Sources of Data Collection.....................................................................................................8
Sampling Method...................................................................................................................9
Cost effective and Time Frames...........................................................................................11
Ethical Consideration...........................................................................................................11
DATA COLLECTION AND ANALYSIS....................................................................................11
Data analysis.........................................................................................................................11
Data interpretation................................................................................................................14
RESEARCH OUTCOMES............................................................................................................23
CONCLUSION AND RECOMMENDATIONS..........................................................................23
Conclusion............................................................................................................................23
Recommendations................................................................................................................24
REFLECTION AND RECOMMENDATION FOR ALTERNATE RESEARCH
METHODOLOGY........................................................................................................................24
REFERENCES..............................................................................................................................25
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TITLE: “ The impact of talent management on the role of HR
INTRODUCTION
Background of research
Talent management is a crucial concept for an organisation through which they attract,
manage, retain and guide employees towards the accomplishment of organisational objectives
(Zhang, 2021). Talent management allow company to enhance employee job satisfaction level
through which company can retain them for long time period. Checkout.com is a small-scale
organisation which is performing their business roles and responsibilities in effective manner.
Present report is conducted on the topic of the impact of talent management on the role of HR.
Mentioned below aims and objectives of research is stated
Research aim
“To analyse the impact of talent management process on the role and functions of human
resource”. A study on checkout.com
Research objectives
To understand the basic concept of talent-management
To evaluate the impact of talent management on role of HR in Checkout.com
To analyze issues face by HR department of checkout.com in the course of implementing
the process of talent-management
Research questions
What is the basic concept of talent-management?
What is the impact of talent management on role of HR in Checkout.com?
What are various issues face by HR department of checkout.com in the course of
implementing the process of talent-management?
Significance of research
This examination is critical as it upholds investigator in understanding the idea of talent
management in a suitable manner and acquiring profound bits of knowledge on the subject. Also,
by the assistance of this exploration examination, the researcher can decide factors that make the
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ramifications of correspondence and variety pivotal for organization and the practices in
procedures that an association can embrace to foster balance and variety in working
environment. By the assistance of the investigation, the organization will ready to keep up with
balance and variety adequately. It is likewise huge for scholastic reason as it will uphold
researchers to complete further examination by accepting this report as a base.
LITERATURE REVIEW
Basic concept of talent-management
As per the view point of Ando, 2021 talent management is defined as a process in which
activities related to attracting, selecting and retaining of employees is being done within HR
department with an aim to strengthen organisation workforce stability. Talent management
mainly include operations related to planning, employee engagement, learning and development,
success and retention, performance management, recruiting and on boarding. The main purpose
of talent management is to identify, select and hold talented and skilled individuals within an
organisation. Talent management is an efficient strategic process that allow HR department to
look forward in order to understand organisation workforce need. Talent management plays
important role for every organisation irrespective of their sector and size, as employees are most
important asset of an organisation (Dong and Zhou, 2021). Thus, talent management facilitate
company to make employees feel engaged and motivate and that provide them significant
direction to accomplish organisational goals while assuring higher consumer satisfaction and
organisation performance. Furthermore, it has been underlined that talent management is a
constant procedure that facilitate HR manager to involve in the process of attracting and
retaining talented skills and high-quality employees and further provide them continuous
motivation in order to maximize their performance. Main aim behind this is to increase
workforce productivity through which company can assure long-term sustainability and higher
profitability in respective industrial sector.
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Impact of talent management on role of HR in Checkout.com
As per the view point of Furnham, 2021 talent management plays crucial role for any
organisation irrespective of their size and scope. It is also having significant impact upon the role
of HR manager in an organisation, as HR manager have roles and responsibilities to attract,
engage and retain employees for a longer period of time while maintaining different aspects
during employee life cycle. It has been evaluated that human resource department is playing key
aspect within an organisation in which process related to managing employee and their talent is
being conducted. It has been identified that human resource effectively works closely with the
senior management and CEO in order to make sure that company is committed towards talent
management (Yadav and Hazarika, 2021). Being talent management facilitator HR effectively
pays closer attention to the manner in which organisational culture supports talent. HR is having
key responsibility to manage and develop proactive as well as integrated strategy approach for
talent management. They are required to emphasize upon all the areas in order to make sure that
organisation is encouraging talent management (Huvanandana, 2021). Furthermore, it has been
evaluated that HR of Checkout.com address four different types of talent management activities
which is performance management, recruitment, organisational strategy and leadership
development. Talent management is having major impact on the role of HR through which HR
can significantly enhance employee’s performance and can fulfil company talent requirement.
This is significantly aid organisation to assure higher growth and development in industry.
Various issues face by HR department of checkout.com in the course of implementing the
process of talent-management
According to the view point of Kataria, 2021 Talent management is a continuous process in
which HR department engages in the strategic process to attract, motivate, guide and retain
talented and skilled employees within organisation. In addition to this, there are different type of
talent management roles and responsibilities need it to be performed by HR department within
company. However, in this process there are number of issues faced by HR department of
respective organisation during the process of implementing talent management (Vardarlier and
Ozsahin, 2021). These issues do not only affect HR department ability to attract talent but also
affect organisational productivity. In relation to this it has been identified that the major issue
which is affecting HR department of company is, embracing change with open minded, as
respective organisation is performing their operations in small and medium scale sector in which
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