Importance of Talent Management in Enhancing Employee Productivity and Satisfaction: A Study on KTA Group Ltd

   

Added on  2023-06-17

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Unit 11- Questions
Importance of Talent Management in Enhancing Employee Productivity and Satisfaction: A Study on KTA Group Ltd_1
Table of Contents
Introduction .....................................................................................................................................3
Main body .......................................................................................................................................3
1. Literature Review on the area of “Talent Management” ............................................................3
2. Research methods with advantages and disadvantages...............................................................5
3. Conducting a Questionnaire ........................................................................................................7
4. Explaining how research methods have helped in achieving defined objectives......................13
5 Alternative methods that could have been used..........................................................................14
Conclusion.....................................................................................................................................14
References .....................................................................................................................................15
Importance of Talent Management in Enhancing Employee Productivity and Satisfaction: A Study on KTA Group Ltd_2
Introduction
Talent management is defined as such aspects which can be used by the businesses in
order to recruit talented people and to retain the existing one as well. With the help of talent
management business objectives can be attained by the organisation in easy manner which leads
in enhancing overall sustainability to the organisation (Järvi and Khoreva, 2020). This report is
covering various measures used by the organisation in respect of talent management and
organisation taken for the report is KTA group Ltd which is engaged in offering new and used
vehicles to their customers.
Main body
Research aim
To examine the importance of talent management process in enhancing employee
productivity and satisfaction. A study on KTA group Ltd.
Research objectives
To understand the conceptual framework linked with talent management process in KTA
group Ltd
To investigate the role of talent management over employee productivity and employee
satisfaction in KTA group Ltd
To discern the strategies used by KTA group Ltd in respect of talent management.
Research question
Explain conceptual framework of talent management along with its role and strategies
used by KTA group Ltd?
1. Literature Review on the area of “Talent Management”
Explain conceptual framework of talent management along with its role and strategies used by
KTA group Ltd?
According to Narayanan, Rajithakumar and Menon, (2019), With the fast changing
environment the organisation are adopting the word talent management in their business
operation. Talent management is the systematic framework. It is the process of attracting, hiring,
acquiring, selecting and retaining the employees who possess special skills in a particular field. It
is the combination of hr process where different strategies are adopted by HR department for
Importance of Talent Management in Enhancing Employee Productivity and Satisfaction: A Study on KTA Group Ltd_3
capturing best candidate for their organization. Talent management conceptual framework
involve the following steps:
Strategic planning: This is the first step in this framework. In this companies develop the goal
and objective about the need and skills required for filling the job.
Attracting talent: Once the plan has been made the next footstep is what tools, techniques and
method the business should use to attract multiple applicant to apply in their organization.
Selecting employees: The third step is that to select and hire the most suitable candidate out of
the application. So that right person in the right job can be there (Collings, Scullion and
Caligiuri, 2018).
Training and development: Every employee posses skills but it is important for the
organisation to train their employees on regular basis so that new skills and knowledge can be
learned. It is also important for the organization to develop the career of the employees so that a
sense of belongingness can be developed.
Retention strategy: This is the last step in the process of talent management which is concern in
retaining of employee for longer period of time. This strategy is adopted by the business to
reduce the employee turnover and also acquire talented employee.
The role of talent management in KTA group Ltd., is that the company is a small sized
organization which aims is to grow with the use of the skills and knowledge that their best
employees have. So the business is using the concept of talent management in their organization.
In KTA group the talent management role is done by their HR department. The term is more
focused is how they can enhance their day to day operation effectively and efficiently. The
foremost role played by them is recruitment of right people. In this role the company HR
mangers carefully identify the job requirement, define the job, use various techniques to attract
and hire employees (Khoreva, Vaiman and Van Zalk, 2017). The next role that they play is
tracking the performance of the employees. In this role the mange the performance of the
workers so that efficiency can be maintained. A proper communication line is been setup for ease
in sharing of information. The role that KTA group supervisor plays in talent management is
developing Career, making business strategy, development of leadership quality in employees
and many more.
Talent management strategies in KTA GROUP LTD are as under:
Importance of Talent Management in Enhancing Employee Productivity and Satisfaction: A Study on KTA Group Ltd_4

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