Talent Management Strategies and Employee Retention: A Study on Morrisons

Unit 11–Research
Project

Table of Contents
Chapter 1: Introduction....................................................................................................................3
Chapter 2 : Literature Review..........................................................................................................4
Chapter 3: Research Methodology..................................................................................................9
3.1 Research Approach................................................................................................................9
3.2 Research Strategy..................................................................................................................9
3.3 Research Methodology........................................................................................................10
3.4 Research Tools.....................................................................................................................10
3.5 Sampling..............................................................................................................................10
3.5.1 Identifying Population and Research Site.........................................................................11
3.5.2 Sampling Strategy.............................................................................................................12
CHAPTER 4 FINDINGS (DATA ANALYSIS AND PRESENTATION)..................................13
CHAPTER 5 DISCUSSION (INTERPRETATION)....................................................................14
Conclusion.....................................................................................................................................18
Recommendation...........................................................................................................................19
Implications for Further Research.................................................................................................20
References......................................................................................................................................21

Title
To investigate the way talent management strategies influence the success of an organisation
and retention of employees. A study on Morrisons
Chapter 1: Introduction
In this modern era, companies are more focused about their employees because it is considered
that employees are the main assets and key of success of the organization. Human resource
department is mainly concerned about the employees and their day to day activities. The main
motive of the HRM is to maintain the functional activities of the employees in an organization.
HR manager of the company is mainly responsible to manage various practices like recruitment
process, selection procedure, training sessions, development, performance appraisal and most
importantly talent management. It is determined that talent management is containing as the most
appropriate technique which can useful to attract and also retain the fresh and top talent in an
organization (Anlesinya and Amponsah-Tawiah, 2020). The primary purpose of this report is to
focus on the talent management and also maintain the effectiveness of the talent management in
order to maintain the overall performance of the employees and organizations both. This report is
based in the Morison organization which is most famous retailer brand in the United Kingdom
founded by the William Morrison in 1899. This is a global brand which is offering various goods
and services across the whole globe. In this research study, researcher will discuss about the
significance of the talent management for the development of the organization and also conduct
small scale research so that research will consider the specific outcomes in order to farm most
effective conclusion.
Research Aim:
“To investigate the way talent management strategies influence the success of an organisation
and retention of employees.” A study on Morrison
Research Objectives

 To understand the basic concept of talent management and identify how talent
management strategies influence the success of company.
 To determine the different human resource policies, procedures and processes that
promote talent management strategies in retaining employees within Morrison’s
 To identify the challenges faced by Morrison’s while promoting talent management
strategies
 To recommend various human resource policies, procedures and processes to develop
talent management strategies for the success of Morrisons
Research Questions
 Explain the concept of talent management and how talent management strategies
influence the success of company?
 What are the different human resource policies, procedures and processes that promote
talent management strategies in retaining employees within Morrison’s? In
 What are the challenges faced by Morrison’s while promoting talent management
strategies?
 What are the various human resource policies, procedures and processes to develop talent
management strategies for the success of Morrison’s?
Chapter 2 : Literature Review
Talent management and how talent management strategies influence the success of
company
According to the Hannah Malmstrom, ( 2021), revealed that it is critical to consider how you
invest in your employees as a company It's vital for every firm's survival and growth to build the
right strategies for developing company personnel, from recruitment to advancement. Among the
most successful ways to do this is to design a people strategic strategy that is personalised to
their organization's goals. Talent management entails acquiring top-tier employees, extending
their knowledge and abilities through training, motivating them to enhance their performance,

and creating a healthy work environment. When properly handled, these methods can motivate
employees, allowing the company to achieve its goals and objectives. The company employs
personnel management tactics such as using internal training tools, standardising talent review
and on boarding processes, tracking and measuring performance, providing feedback and
reviews, and recognising and rewarding top performers, among many others.People are more
involved at workplace when they believe their supervisor to be enthusiastic regarding their
professional growth (Borisova and et. al., 2017). If there are no opportunities for promotion, they
are more likely to leave a firm. Companies, on the other hand, give a chance to expand their
understanding and skills while also helping them to master their roles by providing them with a
professional development path. These career development strategies also benefit your firm,
leading to higher staff retention, greater highlighting key, productivity increases, and improved
efficiency (Bradley, 2016).
According to Gallardo-Gallardo, Thunnissen and Scullion (2020), determined that the
process of attracting, selecting, and retaining outstanding people in an organisation is known as
talent management. The fundamental goal of performance management is to find available
employment opportunities, hire qualified people, enhance skills and qualifications, and
successfully retain personnel in order to meet the mission and objectives. Talent management
programs influence an organization's success by providing knowledge and strategies for altering
and improving the firm. Because they directly handle all of the company's human resources, they
have a lot of clout. With the help of retention strategies, the company manages its personnel in
just such a way that they stay with the organization for a longer duration (Froese, and et. al.,
2020). This procedure of acquiring, selecting, and retaining an industry's top employees is
known as talent acquisition. To achieve company objectives and aims, talent management's
major goal is to identify available employment opportunities, hire qualified people, improve
skills for the position, and successfully retain personnel. The organizational performance is
influenced by talent management techniques, which provide knowledge and strategies for
altering and improving the company. The organisation can identify the most talented individuals
and enhance the functioning of the recruitment process by implementing talent management
tactics. Talent management methods have an impact on the organisation because they directly
handle all of the business's people resources. With both the help of talent management strategies,
the company manages its personnel in such a way that they stay longer in the company.

Employees that work for the company achieve personal goals as well as the company's goals in a
shorter amount of time. With the use of talent management techniques, a firm may attract a big
team of elite and skilled customers who can aid the firm achieve its goals and contribute to its
smooth operation (Gallardo-Gallardo, Thunnissen and Scullion, 2020).
Different human resource policies, procedures and processes that promote talent
management strategies in retaining employees within Morison’s
According to the Robert Half m (2021), revealed that on boarding and orientation are widely
regarded as the most effective practises for improving employee productivity. Every new hire
should be set up for success from the start. The on boarding process for new employees should
teach them not only about the job, but also about the culture of the company and how they may
contribute to and thrive within it. This is an important first step that must not be skipped. The
financing and mentorship and you provide right away, whether it is in person or online, can set
the standard for the remainder of your enterprise’s success. Apprenticeship programmes are also
deemed to be excellent practises that can help employees maintain their performance and
experience. Linking a potential staff with a mentor in a remote work setting is an excellent
addition to the expanded on boarding process. Mentors can aid newcomers in acclimating to the
company, as well as providing guidance and counsel. It's also a major boon: teammates learn the
ropes from skilled veterans while simultaneously offering their supervisors with innovative
things (Kaliannan, Abraham and Ponnusamy, 2016).
According to Bradley (2016), revealed that the main motive of human resource practises
for identifying, recruiting, promoting, motivating, and sustaining strong employees is known as
talent management. Talent management methods are targeted at boosting the company's overall
performance. Talent management practices, to put it another way, are a plan of action for
improving employee performance. The method of talent management entails identifying
available positions, developing skills to match the job, hiring suitable and skilled candidates, and
retaining a large number of people in order to achieve the organization's goals. Planning,
acquiring talent, choosing, developing, retaining, and transferring are the procedures and
processes of human resource policies. Human resource requirements and needs, such as skills,