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Identifying Talent Management strategy of ASDA

   

Added on  2023-04-07

15 Pages3616 Words121 Views
TALENT MANAGEMNT
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Table of Contents
1. Identifying Talent Management strategy of ASDA...............................................................3
2. Identifying relevant regulatory factors that impact the organisation.....................................5
3. Identifying environmental factors that impact HRM practices..............................................6
4. Identifying and analysing core positions within the organisation..........................................7
5. Recommending persuasive strategies..................................................................................10
6. Providing recommendations as operationalising these strategies........................................12
Reference List..........................................................................................................................13
Appendices...............................................................................................................................15
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1. Identifying Talent Management strategy of ASDA
In the opinion of Vaiman and Collings (2013, p.1738), talent management strategy
determines an effective performance of an organisation. The human resource department of
an organisation needs to focus on the talent management of the organisation in order to
enhance the productivity of the entire business. Talent management refers to managing
talents within the organisation to acquire business objectives and goals. ASDA also develops
the firm strategy to management the talent within their organisation by retaining the talented
people in their organisation. Based on the modern competitive market in the retail sector it
has become important to develop the management practice within an organisation properly.
Through Talent management, the concerned company tries to acquire the high performance
from the employees and sustainability of the company in the competitive market.
Recruitment and selection process:
As opined of Morris et al. (2014, p.725), in order to develop effective talent management, an
organisation needs to hire proper talent available in the market who can actually enhance the
productivity of the organisation. The human resource department of an organisation has to
attract the true talent in the organisation through the integrated process of recruitment. While
selecting ant candidate for particular post the concerned make their choice by acquiring the
information regarding the capability of the concerned candidate. ASDA also recruits the
employees by judging their talent properly to analyses whether they are eligible to enhance
the productivity of the same. To recruit proper talent it uses online portal where they go
through the CVs of the candidate, even before recruiting employees, they acquire proper
information of the candidate regarding the efficiency through a practical test. After making
sure that the candidate is capable enough to enhance the productivity of the organisation, the
concerned company selects an employee.
Performance management:
In performance management the management of an organisation works together to strategies
the plan enhance the performance of the organisation, monition the proper implementations
of the strategies and reviews the whether the plan is able to achieve the objective of the
organisation as well as the individual objective of the employees. The management of ASDA
also manages the performance of the organisation by developing different programmes on
performance management where they review the employee’s objective and the business
organisation.
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Reward system:
The reward is given to the employees to motivate them and provide proper recognition to
efficient and talented employees. ASDA also provides rewards to the employees who are true
talent and contribute to the performance enhancement of the concerned company. Through
reward system, the concerned company tries to manage and motivate the talent within the
organisation.
Training and development process:
As opined by Oladapo (2014, p.19), after recruiting employee, the organisations provide
training to them in order to develop an idea of the job role which they need play with the
workplace. ASDA also develops this type of the training and development process where the
concerned company provide brief knowledge of the job to the employees through which the
management of the concerned company tries to generate talent within the organisation and
sharpens the existing talent within the same to acquire business objectives.
Equality and diversity management:
Talent can be managed within the organisation by motivating the employees. By ensuring
equality within the organisation and managing diversity, the employees can be motivated.
ASDA also maintains the equality management and diversity management through several
programmes. In these types of programmes, the concerned company ensures that they will
treat each employee equally and will be unbiased in every factor. This helps to motivate the
employees and successfully manage talent with the concerned company.
4

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