Talent Management Strategies for SMEs: A Case Study on Walker Logistics

Managing a successful
business project

Table of Contents
INTRODUCTION...........................................................................................................................3
Research aim: ..................................................................................................................................3
Research objectives:.........................................................................................................................3
Research question: .................................................................................................................3
Task 1 Part A. Project Planning.......................................................................................................4
Gantt chart:.......................................................................................................................................5
..........................................................................................................................................................7
..........................................................................................................................................................7
Literature review..............................................................................................................................7
Applying primary & secondary methods for meeting project aims & objectives..................9
Part B – Conducting research........................................................................................................10
Task 2 – Present findings...............................................................................................................16
Task 3 – Reflective practice...........................................................................................................16
Conclusion.....................................................................................................................................18
REFERENCES..............................................................................................................................19
APPENDIX I.................................................................................................................................21

INTRODUCTION
Talent-management is continuous process that is related with attraction of employees in
order to enhance the skills and further encouraging individual employee performance. This
strategy is used by organisation to retain competent employees to manage the overall
profitability of the organisation. The main objective of talent management is to retain employees
that can contribute towards attainment of organisation mission and vision objectives. Walker
logistics is a family owned European and UK based outsourced logistics provider (Jooss,
Burbach and Ruël, 2019). They are offering tailored services across multitude of markets that
includes fulfilment, warehousing re work, distribution adding up to a complete supply chain
solution. Present report is based on analysing the way talent-management strategies that can help
organisations in the process of managing talent and dealing with challenges in the course of
organisation functioning.
Research aim:
“To analyse the talent management strategies adopted by SME organisations for the purpose of
retaining and attracting employees”. A study on walker Logistics
Research objectives:
 To develop understanding of the concept of talent-management
 To analyse various talent-management strategies that are to be used by Walker logistic to
retain and attract employees
 To understand various challenges that are to be faced by walker logistics in the process of
implementation
Research question:
 What is the basic concept of concept of talent-management?
 What are some of the various talent-management strategies that are to be used by Walker
logistic to retain and attract employees?
 Identify some of the issues that arise in the process of implementation of talent-
management strategies in Walker Logistics?
Task 1 Part A. Project Planning
Project planning is defined as the document that includes vital information that is related
with the way activities are to be performed, resources required, manpower that is needed in order

to conduct a project. It is useful for researcher to identify various factors that are required to
execute a project. For this purpose project management plan include various factors that quality,
cost scope, time, as mentioned below:
Scope: Implementation of suitable talent management strategies are very important for
organisation to retain talented employees for long term (Collings, Mellahi and Cascio 2019). It
helps in the process of enhancing performance and overall profitability. The scope of present
research report is wide and it will help organisation in attainment of higher success and growth.
Cost: it is important to assist research to implement various research activities without
discrepancies or issues. It is important for researcher to set up budget so that overall cost can be
allocated to all activities. The managers in walker logistics have set up $8000 to complete all the
tasks that are to be done in the course of research work.
Time: It is important to consider that in every research work there is specific time-frame in
which each activity has to be completed. It is necessary for investigator to set up a specific time
frame for each activity. In present research there is need of time period of 20 weeks (Nayak and
Singh, 2021).
Quality: It is a factor that reflects the effectiveness of information that is collected by the
researcher. In the present research it is important to maintain high quality of the study. In present
research there is requirement to maintain high quality in the study. For this purpose there is
application of both primary and secondary form of data (TETIK, 2017). The use of primary set
of data will help in the course of enhancing the quality of research work.
Communication: It is a element that determines the tools and resources that are to be used
for the purpose of making communication. There are different strategies that can be adopted by
researcher to make communication (Taylor, 2018). There is application of both verbal and non
verbal form of communication. In present situation researcher is willing to communicate the
findings in the course of study to associated team mates to ensure there is flowing up of required
communication in more effective way.
Resources: There is basic requirement of certain resources in order to ensure that there is
presence of sufficient resources to implement certain activities. Different resource that are
required in present situation includes stationer, computer, books, manpower and others. It is
necessary for the researcher to ensure that all the resources are properly available that can assist
the researcher in conducting the research and achievement of objectives in proper manner.

Risk: It can be said that in every study there is some kind of risk that may include lack of
financial resources, lack of funds. It is important for the researcher to posses a proper backup
plan that can help in dealing with the issues and anticipated risks in order to avoid any type of
discrepancies.
Work break down structure & Gantt chart:
work break down structure:
It is defined as the tool that is used for the purpose of managing project. It is used for the purpose
of breaking down of activities in small manageable activities so that there can be completion of
activities in the time frame. It is used for deciding the way in which activities are divided for the
purpose of completion of project in effective manner (Morshedi Tonekaboni, , 2019).
Gantt chart:
It is the bar chart that is used for illustrating the project schedule in effective manner. It is used
for the purpose of graphical representation (Abdullah and Abubakar, 2017). It helps in
representation of project activities as per t he specific time that is required to depict the activities
on vertical axis. It can be said that Gantt chart is used for the purpose of development of
relationship among activities and taking progress on the right path. Gantt chart is mentioned
below: