Managing Successful Business Project: Talent Management Strategies in Sainsbury

This report discusses talent management strategies used by Sainsbury to improve business performance and retain employees. It includes a literature review, aims and objectives, methodology, and questionnaires. The report covers recruitment, motivation, and good working environment strategies used by Sainsbury and Morrison. The report concludes that talent management is important for companies to develop organizational performance.

Managing Successful
Business Project

Table of Contents
Table of Contents.............................................................................................................................2
INTRODUCTION...........................................................................................................................1
LO1..................................................................................................................................................1
Aims and Objectives....................................................................................................................1
LO2..................................................................................................................................................4
REFERENCE................................................................................................................................12

INTRODUCTION
To be successful in business management, there is need to have good communication skills
and management skills which can be used to develop the business performance. Managing a
project and task should be involving strategy, ideas, activities, techniques, and skills that
supports to meet project objectives. Talent management is the continuous process of recruiting,
and selecting the talented people by using own skills and abilities that supports to develop the
organizational performance (Vuong, and Sid, 2020). In each organization human resource
management is playing important role as it identifies the vacant position and select the right
people that can help to managing business and profitability. To understand about this, Sainsbury
has been selected that is second largest chain of supermarket in UK with 16.0% share of
supermarket share. The management understand the business requirement and formulate
effective strategies that can help to develop the business performance. The present report
involves business case involving literature review, aims and objectives and methodology.
LO1
Aims and Objectives
Research Aim
To identify the impacts of talent management strategies in attracting and retaining the
best employees.
Research Objectives
 To determine the value and benefits of talent management addressing wellbeing in terms
of improving employee motivation and retention within Sainsbury
 To analysis at least two other organisations to see what type of talent management
initiatives they have.
 To focus on areas of good practice to build and support Sainsbury.
Scope: The current project is about talent management which uses by organization for
retaining their staff and getting the work done. The scope of project is wider as it helps to
develop the understanding what strategies should be used by management for increasing business
performance. The researcher will use the their skills and ability to complete the project and
manage each activity.
Project Plan
1

Work break down structure – This is a system engineering and technique used by
organization to break down the longer task in smaller. In other words, WBS is the key project
deliverable that uses to organize the team work and manage each work. In relation to current
project a WBS is prepared by project management that supports to complete the task (Hongal,
and Kinange, 2020).
Gantt chart – In project management Gantt Chart is important as it shows activities and
event that displayed against time. This is a kind of chart that states schedule in which activities
are divided properly and supports to complete the task. A Gantt chart in relation to talent
management project is designed below that supports to scheduling activities.
2

3

LO2
Literature Review
To determine the value and benefits of talent management addressing wellbeing in terms of
improving employee motivation and retention within Sainsbury.
As per view point of Eliyana, and Ma’arif (2019), Talent management is the process of
vacancy identification, recruiting, selection, and placing the right people for developing the
organizational performance. For each organization talent management is important and valuable
as it provides the clear understanding about employees needs and provide them satisfaction
4

which can help to make feel them comfortable. Human resource management is the one person
who manage the business functions by allocating the work between employees and get the work
done properly which can help to develop the organizational performance. In relation to
Sainsbury, human resource management focuses on talent management as it allocates the work
between employees as per their skills and abilities which can help to develop the organizational
productivity by retaining them.
Research at least two other organisations to see what type of talent management initiatives
they have.
As per view point of Mensah (2019), Talent management is the full scope of process that
relates to human resource management involves attraction, on boarding, development,
engagement, and retaining high performing employees that aims to improve business
performance. Different types of talent management strategies that uses by Sainsbury and
Morisons are as explained:
Used by Sainsbury
Recruitment and selection: This strategy is important to fill the vacancy by selecting right
people which can help to develop the business performance. In relation to Sainsbury,
management should use this strategy to recruit and select the right people which can help to
manage the all functions and activities.
Motivation: Employees who are working in organization is require to be focused on
employee’s motivation that can help to retain the employees for long period of time. The
management of Sainsbury should be use motivational strategies such as promotion, salary
increment and performance appraisal that influence the number of customers and develop the
organizational performance.
Used by Morrison
Training and development: The management of Morrison should provide the training to
their staff which can help to accept the challenges in their working and managing the higher
performance.
Creating the good working environment: The management of organization is requiring to
create the good working environment where employees can feel good and work effectively. In
relation to Morrison, management focuses on this strategy and create the good working
environment for retaining top talent.
5

Thus, Sainsbury and Morrison sues different practices to take the initiative for managing
each function and retaining the skilled people which can help to develop the organizational
productivity and performance.
Focus on areas of good practice to build and support Sainsbury.
According to Abou-Moghli (2019) there are different areas which can be used by
Sainsbury to build its performance such as:
Improve in performance level: Sainsbury is using the talent management strategies such as
motivation, good working environment and recruitment that can help to improve the business
performance and productivity effectively.
Attracting and retaining skilled staff: With the help of talent management strategies HR
management of Sainsbury influences the employees and retain them at the work place as they
feel good and satisfied.
Achieving competitive benefits: Talent management strategies are most important for
Sainsbury as it bring the changes and selecting the right people by managing all function that
provide the competitive benefits (Opazo-Basáez, Vendrell-Herrero, and Bustinza, 2019).
Motivation to employees: This is essential strategy which should be use by organization for
the purpose of retaining employees and getting the work done. The management of Sainsbury
use this strategy to motivate their staff that can help to retain the employees for long period and
complete the task effectively.
Questionnaires
THEME 1.
What types of employees are working in Sainsbury? Frequency
a) Male 18
b) Female 12
6

Interpretation – From the above it can be explained that there are total 30 employees out
of which 18 are male and 12 are females.
THEME 2.
What are the value and significance of talent management used in
improving performance and retaining staff?
Frequency
a) Filling vacancy 10
b) Getting the work done timely 10
c) Accepting challenges and improving profits 10
7

Interpretation – From the above analysis it can be interpreted that according to 10
employees in 3 group are stating talent management is valuable in filling vacancy, accepting
challenges and getting the work done from their staff by allocating work as per their skills and
abilities. This can help to develop the organisational productivity.
THEME 3.
What talent management strategies are used by Sainsbury to take the
initiatives?
Frequency
a) Recruitment and selection of skilled staff 14
b) Motivation 16
8

Interpretation – As per above information there are different talent management
strategies which used to take the right actions. According to 14 number of candidates Sainsbury
used recruitment and selection of skilled people and rest of the 16 number are favour towards
motivation which can help to fill the demand and get ready to work properly.
THEME 4.
What talent management strategies are used by Morrison to take the
initiatives?
Frequency
a) Training and development 12
b) Creating good working environment 18
9

Interpretation – From the above discussion 12 employees of Morrison are satisfied with
training and development strategy that used to develop their skills to work. And 18 employees
are using creating good working environment strategy that can help to managing all functions
and activities smoothly (Slatten, and et.al., 2021).
THEME 5.
What benefits of talent management strategies are getting by Sainsbury. Frequency
a) Placing right people at right place 10
b) Motivating staff and getting the work done 7
c) Build employees career 5
d) Improve the organizational productivity 8
10

Interpretation – The above analysis states that as per 10 employees Sainsbury places the
right staff at right place, according to 7 it motivates employees and getting the work done, 5 says
talent management strategy build employees career and remaining 8 said it improve
organizational productivity. This can help to develop the business performance and profitability.
CONCLUSION
From the above report it can be concluded that talent management is the important task
for companies as they looking towards motivation, creating good working environment, and
training & development which can help to develop the organizational performance. The
company decide the goals and share with employees that can help to complete the task with the
help of staff by accepting challenges.
11

REFERENCE
Books and Journal
Mensah, J. K., 2019. Talent management and employee outcomes: a psychological contract
fulfilment perspective. Public Organization Review. 19(3). pp.325-344.
Hongal, P. and Kinange, U., 2020. A study on talent management and its impact on organization
performance-an empirical review. International Journal of Engineering and
Management Research, 10.
Opazo-Basáez, M., Vendrell-Herrero, F. and Bustinza, O. F., 2019. Talent for services: How
gaining access to talent enables successful servitization. In Research Handbook of
International Talent Management. Edward Elgar Publishing.
Abou-Moghli, A. A., 2019. The influence of compensation management strategy on talent
retention: Exploring the mediating role of structural capital. International Business
Research, 12(3). pp.165-173.
Eliyana, A. and Ma’arif, S., 2019. Job satisfaction and organizational commitment effect in the
transformational leadership towards employee performance. European Research on
Management and Business Economics, 25(3). pp.144-150.
Vuong, B. and Sid, S., 2020. The impact of human resource management practices on employee
engagement and moderating role of gender and marital status: An evidence from the
Vietnamese banking industry. Management Science Letters, 10(7). pp.1633-1648.
Slatten, L. A., and et.al., 2021. Staffing of small nonprofit organizations: A model for retaining
employees. Journal of Innovation & Knowledge, 6(1). pp.50-57.
12