Effective talent management strategies for successful organisations

This research report focuses on the effective talent management strategies for successful organizations. It includes a case study on Oak Cash & Curry and discusses the meaning of talent management, effective talent management strategies, and the role of talent management strategies in the success of Oak Cash & Curry. The report also includes a project management plan, primary and secondary research, and a questionnaire. The data has been collected through both qualitative and quantitative research methods.

Effective talent
management strategies
for successful
organisations

Table of Contents
TITLE: Effective talent management strategies for successful organisations.................................3
INTRODUCTION...........................................................................................................................3
Overview of the Company...........................................................................................................3
Aims.............................................................................................................................................3
Objectives....................................................................................................................................3
Research Question.......................................................................................................................4
Literature Review.............................................................................................................................4
The meaning of Talent Management...........................................................................................4
The effective talent management strategies in Tesco..................................................................4
The role of talent management strategies in success of Tesco....................................................5
Methodology....................................................................................................................................6
Project management plan.............................................................................................................6
Primary and secondary research..................................................................................................8
Qualitative and quantitative research...........................................................................................8
Questionnaire...............................................................................................................................9
Data Analysis and Findings...........................................................................................................10
Recommendations..........................................................................................................................13
CONCLUSION..............................................................................................................................14
REFERENCES..............................................................................................................................15
Books and Journal......................................................................................................................15
Online:........................................................................................................................................15
Appendix 1.....................................................................................................................................17

TITLE: Effective talent management strategies for successful organisations
INTRODUCTION
Talent management refers to the process of attracting selecting and retaining of
employees with the help of various strategies in the organization and involves a strong role of
human resource management in the completely life cycle of an employee working in an
organization (Wang and Wang, 2017). It is an essential process which helps a company to
identify their talented employees and work towards the retaining of employees for their success
and growth. Talent is not something that is recruited by human resource department but also it is
what an organization develop with the help of motivation and hard work of employees. This
research report contains various methods through which the data has been collected on the topic
to identify the role of effective talent management strategies in an organization to get successful
in the market. The researcher is conducted on Oak Cash & Curry Company and the literature
review helps to have in-depth knowledge about the topic. A survey has been conducted to collect
the data which is also provided in the report.
Overview of the Company
Oak Cash & Curry is a successful organization who understands the value of talent management
and get success with the help of management of talent in the company (Miiro and Burhan,
2018). Oak Cash & Curry PLC is a British organization having their operations in many national
countries and deal in groceries and general merchandise. Oak Cash & Curry health headquarters
in Welwyn garden city England and are well known as third largest retailer of the world when
they are measured with the help of their gross revenues. The success of the company is because
of their talented employees as the company uses effective strategies to retain their talent.
Aims
The main aim of the study is “To identify various effective talent management strategies to get
successful organization. A case study on Oak Cash & Curry.”
Objectives
 To identify the meaning of Talent Management
 To evaluate the effective talent management strategies in Oak Cash & Curry
 To understand the role of talent management strategies in success of Oak Cash & Curry

Research Question
 What is Talent management?
 What are the effective talent management strategies that are used in Oak Cash & Curry?
 What is the role of talent management strategies in success of Oak Cash & Curry?
Literature Review
The meaning of Talent Management
As per the view point of Ghosh, P, 2021, Talent management is wide term which includes many
activities that has been taken by human resource department and other management in the
organization to retain and manage talented employees in the organization. It is a process which
has been design in strategic management so that an organization can get right talent in the
company so that their capability is help the organization to grow in the market (Tariq, Ilyas and
Rehman, 2017). In case of Oak Cash & Curry the company is so particular about their employees
that they always wants to choose right and talented employees with the help of their effective
human resource team foster the human resource team of the company is trained in such a manner
that they are able to select talented and motivated employees for the company which will help
them in future focus and effectively and getting in the company (What is Talent Management?
Definition, Strategy, Process and Models, 2021). Apart from this the company also provides
training to the employee so that the employees can be able to develop their native skills and
enhance their expertise by effectively and aging in various activities of the company. This is also
process of talent management as improvement of an employee helps him to keep themselves
connected with the company and feels motivated to work and achieve long-term business goals.
This talent management has a direct impact on the business of an organization as it became an
important necessity in today's hyper change environment.
The effective talent management strategies in Oak Cash & Curry
According to the view point of Vulpen E. V. 2021, Oak Cash & Curry is the large organizations
who use effective talent management strategies in the organization which helps them to achieve
success in the market (Bakoğlu and Yıldırım, 2016). They provide detailed job descriptions
about the requirement which helps them in their talent acquisition process and wave of irrelevant
applications from the job. That detailed job description includes the overall duties skills required
tools and equipment used salary and benefits given to the candidates so that the company can be

able to attract only right applicants and the candidates that are suitable for the job. After the
application the human resource department is responsible to check whether the employees are
person or organization fit or not. If an employee does not fit in the culture of an organization
then it will be very difficult for the management to manage that employee in the organization. So
it is the duty of human resource department to check whether the employee will fit in the culture
of the organization or not. Another strategy that has been used by human resource department for
effective talent management process is the collaborative coach in a wall which is an important
strategy and helps to create a culture of coaching and mentoring with the help of collaboration in
the organization. This mentoring coaching and collaboration help the employees to prepare
themselves for the future of the organization and help the company to expand in the market.
Another strategy which has been used for talent management is the reward and recognize write
in which a proper rewards and recognition has been decided by the management for the effective
works in the company (Anguelov, Stoyanova and Tamošiūnienė, 2020). This helps the
employees to keep themselves motivated with the help of rewards and bonus packages and the
prices which provides recognition in the organization will also provide great opportunities to
them and help the company to manage talent by retaining the employees. Another strategy to
manage talent is to provide opportunities for continuous improvement to the employees which
can be possible with the help of providing training and development. This will help the
employees to work on their community skills and helps them to update upgrade and upscale their
skills for their growth and development. All these strategies are very essential for Oak Cash &
Curry as it helps them to achieve success in the market.
The role of talent management strategies in success of Oak Cash & Curry
According to the View point of Sharma, N and Samantara, R., 2015, Talent management
strategies plays an effective and important role in the success of Oak Cash & Curry as it helps
the company to retain the talented employees. Human resource are the most important resource
of any organization and requires to be managed and effective manner so that they can effectively
and efficiently uses this important resource. Oak Cash & Curry goes out of their way to develop
and nurture the talent in their employees which involves a good amount of cost to the company
with the help of training and development. If the employees leave the job in a very short period
of time then it will makes the waste of their money that are suspended on the training is meant of
the employees. This not only effect the employee turnover rate in the organization but also affect

the cost involve in the operations of the organization. This talent management process also helps
Oak Cash & Curry to provide collaboration and social skills to their employees that are very
important for employees to develop their intellectual caliber or productivity (Kalitanyi and
Goldman, 2021). This has a direct impact on the success of the company as enhancement in the
productivity of employees and the company will directly help Oak Cash & Curry to achieve
success in the market.
Methodology
Project management plan
Project management plan refers to a plan which helps the researcher to develop a proper
methodology and budget for conducting a research. There are many important aspects of a
research which needs to be controlled by a researcher for a successful research that are explained
below
Cost:Research involves a certain cost to collect the data analyze it and publish it for the
use of many individuals in the market. For the purpose of this report that it has been collected
with the help of survey which has been conducted with 20 employees of the company Oak Cash
& Curry. To complete the research in effective manner total budget of 42000 pounds has been
prepared as there are many things that will involve a large cost like preparation of questionnaire
printing and many more.
Scope:Talent management is a wide concept and has a greater scope to collect data from
the market. In case of Oak Cash & Curry the company is considered in successful organizations
who have successfully achieved their growth and expansion plans with the help of their
employees. The scope to collect data for the present report is very high that it will help to reach
at various positive outcomes for the research.
Time:Research involves a certain cost to collect the data analyze it and publish it for the
use of many individuals in the market. For the purpose of this report that it has been collected
with the help of survey which has been conducted with 20 employees of the company Oak Cash
& Curry. To complete the research in effective manner total budget of 42000 pounds has been
prepared as there are many thanks that will involve a large cost like preparation of questionnaire
printing and many more.

Communication: In order to manage this project of research it is essential to have
effective communication between the team members so that proper data has been collected and
positive outcomes can be provided (Tuffaha, 2020). The research has been conducted the help of
proper team of researchers who worked with full motivation and have an effective
communication between them. The questionnaire prepared for the purpose of this research is on
the basis of effective communication between all the team members so that required data has
been collected for the purpose of the research.
Quality:The researcher has taken the data from the employees of Oak Cash & Curry who
have a proper knowledge of the management and strategies that are used in the company. As
quality data has been collected for the purpose of research the research is of high quality to reach
at authentic and reliable result.
WBS:WPS stands for work breakdown structure and to conduct the research the work
has been divided in smaller parts so that the book has been distributed to the team members and
complete the task and effective manner. Work breakdown structure for the purpose of this
research report has been given below:
Gantt chart: Gantt chart refers to a graphical representation of various activities which
are required to conduct research and effective manner (Rehman and Mazhar, 2016). This
basically shows the time taken by different activities and for the purpose of this research the
Gantt chart has been given below for the above given work breakdown structure.

Primary and secondary research
The data for research has been collected with the help of two sources that are primary
source and secondary source which helps to define a research. Primary research as a result it has
been collected from the raw sources and it has been analyzed and interpreted to reach at a
positive and desirable outcome. Whereas secondary research is a type of research which has been
used to collect data from various published sources data provided by other authors and is
presented in the form of literature review. For the purpose of this research both the sources has
been used that is primary sources and secondary sources which helps to identify that either the
research is primary research and secondary research. The data has been collected with the help of
a survey which has been conducted in the Oak Cash & Curry Company by selecting 20
respondents of the company randomly to ask various questions related to that effective time
management strategies used in Oak Cash & Curry (Schirmer, Eber and Bourdon, 2020). Data
various journals books and articles that are referred to collect the data and are considered in the
secondary sources of data collection.
Qualitative and quantitative research
Qualitative research refers to process of research in which research and has their focus to
collect quality data with the help of various sources available in the market to collect data. This

qualitative research is their focus to collect quality data in spite of collecting statistical data and
is presented in the form of literature review to provide proper reserves and outcomes for the
research. Whereas in case of quantitative data the researcher has their focus to collect data in
statistical formed which can be graphical representation and integrated to reach at desirable and
authentic results. In case of present research both qualitative and quantitative data has been
collected for the purpose of providing authentic results for the research and the researcher has
used secondary data to collect qualitative research and petitioner has been used to collect
quantitative data for the purpose of this research.
Questionnaire
Q1 Do you have knowledge regarding the concept of talent management
within Oak Cash & Curry?
Frequency
a) Yes 15
b) No 5
Q2 What are the main roles played by human resource management in
Oak Cash & Curry?
Frequency
a) Selection and recruitment 7
b) Training and development 7
c) Talent management 6
Q3 What are the impact of talent management on the Success of Oak Cash
& Curry?
Frequency
a) Employee retention 7
b) Increase productivity of employee 6
c) Higher employee’s satisfaction 7
Q4 What are the importance of talent management strategies in Oak Cash
& Curry?
Frequency
a) Improves business performance 7

b) Drives innovation 6
c) Motivates others to grow 7
Q5 What are the problems that are faced by management of Oak Cash &
Curry to formulate Talent management strategies?
Frequency
a) Lack of participation among employees 7
b) High employee turnover 7
c) Reduced efficiency 6
Q6What are the Strategies that are used by Oak Cash & Curry for
managing talent in the company?
Frequency
a) Providence of training 8
b) Increasing satisfaction 6
c) Increasing motivation 6
Data Analysis and Findings
After providing the questionnaire to 20 employees of Oak Cash & Curry that are
randomly selected data has been recorded with the help of their response (Saif and Siddiqui,
2019). In order to reach at different outcomes are researcher is required to analyze the data and
interpret it to reach at certain findings. This will help a researcher to find various aspects and
responses of employees so that they can provide authentic data in the research. The analysis and
findings of different questions of questionnaire has been provided below:
Q1 Do you have knowledge regarding the concept of talent management
within Oak Cash & Curry?
Frequency
a) Yes 15
b) No 5

Interpretation: The above analysis helps to interpret it that approximately 75% of the
population has knowledge about the concept of talent management within Oak Cash & Curry
which shows the use of talent management in the company.
Q2 What are the main roles played by human resource management in
Oak Cash & Curry?
Frequency
a) Selection and recruitment 7
b) Training and development 7
c) Talent management 6
Interpretation: About 35% of the population agrees that selection and recruitment is the main
role that has been played by human resource management in Oak Cash & Curry whereas 35%
other employees find training and development as the main role that has been played by human
resource management in Oak Cash & Curry. 30% of the employees agrees that talent
management is the main rule which has been played by human resource department of the
company which depicts that all the functions that is selection and recruitment training and
development and talent management are performed by human resource department of the
company.
Q3 What are the impact of talent management on the Success of Oak Cash
& Curry?
Frequency
a) Employee retention 7

b) Increase productivity of employee 6
c) Higher employee’s satisfaction 7
Interpretation: Approximately 35% of the employees find that the talent management which
has been followed in the company has its impact on the success of Oak Cash & Curry where as
30% finds that increment in the productivity of employees is the impact of talent management on
the success of Oak Cash & Curry. 35% of the employees finance that the talent management
provides higher satisfaction to the employees which shows its impact on the success of Oak Cash
& Curry. It depicts that all the points that is employee retention increased productivity of
employees and providing hire satisfaction to the employees are the impact of talent management
which provides success to Oak Cash & Curry Company.
Q4 What are the importance of talent management strategies in Oak Cash
& Curry?
Frequency
a) Improves business performance 7
b) Drives innovation 6
c) Motivates others to grow 7
Interpretation: Major of the population means that talent management strategies is very
important to improve the business performance and motivate others to grow in the company
which is the great importance which has been provided by these strategies in Oak Cash & Curry.
Some of the employees find that the effect of talent management strategies that are used in
business help to drive innovation which also provides expansion and success to the company.

Q5 What are the problems that are faced by management of Oak Cash &
Curry to formulate Talent management strategies?
Frequency
a) Lack of participation among employees 7
b) High employee turnover 7
c) Reduced efficiency 6
Interpretation: Approximately equal of the participants voted that lack of participation among
employees and high employee turnover is the major problem which has been faced by
management in Oak Cash & Curry to formulate effective talent management strategies. Some of
the employees also find that reduced efficiency of employees is also a problem that has been
faced by management of Oak Cash & Curry to formulate effective talent management strategies
and this defects that all these are the problems that are faced somewhere by the management.
Q6What are the Strategies that are used by Oak Cash & Curry for
managing talent in the company?
Frequency
a) Providence of training 8
b) Increasing satisfaction 6
c) Increasing motivation 6
Interpretation: Approximately 40% of the population finds that province of training is an
effective strategy that has been used by Oak Cash & Curry to manage talent in the organization.
Of all the statistical data equal amount of population finds that increasing satisfaction and
increasing motivation is an effective strategy that has been used by Oak Cash & Curry to manage
talent in the company. In short Oak Cash & Curry uses increased satisfaction increment in the

motivation and providence of training to use talent management strategies in Oak Cash & Curry
Company for their success.

REFLECTION ON THE EFFECTIVENESS OF THE RESEARCH
METHODS
I am grateful for the opportunity that I got that is conducting investigation on the topic of
talent management. While doing investigation on this topic that is talent management I have
realized that it is very broader scope because it involves different activities such as recruitment,
providing training and development, offering rewards and recognition etc. I have learnt a lot
about different strategies of talent management that help in retaining large number of talented
employees. For successful completion of current research I have used different types of research
methodologies such as primary sources, secondary sources, quantitative research choice and
qualitative choice. I am very grateful that I have knowledge about primary as well as secondary
sources. I have found that primary methods are very great and for this I had formed
questionnaire. Questionnaire has helped in accumulating information directly from the
respondents. On the other hand, I have also considered secondary sources to gather data for my
research such as books, articles, journals, newspapers etc. Secondary sources are very effective
because it provides information that is very easily available. The research is based upon
quantitative research choice because I believe that statistical and numerical information is more
effective and efficient to attain pre-determined aim and objectives. I have also used frequency
distribution analysis to analyse the reliability and validity of numerical information in achieving
defined objectives. Hence, I think that I am very thankful to these research methodologies to
attain aim and objectives in shorter period of time.
ALTERNATIVE RESEARCH METHODOLOGIES AND LESSONS
LEARNT IN VIEW OF THE OUTCOMES
In the current research, researcher has used quantitative research choice and primary
methods for collecting information. For gathering quantitative and primary information,
investigator has used questionnaire as an instrument. This is very useful and effective in attaining
objective in effective and efficient manner. The other methodology that could be used other than
questionnaire is an interview instrument. An interview is the great strategy to collect information
that is not present in numerical format. This strategy would be very useful to accumulate

opinions and views in detailed manner. So, interview is the great method to gather data that is
present in non-numerical manner.
The outcomes of the current investigation is that talent management is one of the most
important functions in the organisation as it helps company to experience certain benefits. Talent
management strategies are very significant because it assists in recruiting and attracting
employees that are very talented and useful for meeting objectives of the company. Some of the
strategies that are used by company are: providing training, increasing motivation through
rewards and recognition etc.

Recommendations
All the data which has been interpreted helps to analyze various effective strategies that has
been used by Oak Cash & Curry to reach at various outcome. But there are various
recommendations which can be provided to Oak Cash & Curry so that they can make better
strategies and which will help them effective talent management. This will also help the
company to get successful in the market by using these effective strategies of talent management.
Some of the recommendations which has been made to the company are explained below:
 Oak Cash & Curry is recommended to make more effective strategies how to manage
talent in the organisation. It is recommended to Oak Cash & Curry to have updated
performance management technology so that it became easy and effective for human
resource department to manage their talent and their performance in the company so that
they can be able to analyse effective talents.
 It has been also recommended to test that they should work on more retain of their
employees by motivating them with the help of higher pays so that they can be able to
feel their growth in the company which will help them to retain with the organisation.
 Oak Cash & Curry also has an opportunity to use motivational techniques with their
employees so that they feel connected and a part of organization and work in effective
manner and develop their skills so that the company can get more talent in the
organization and the employees likes to retain with the company.
CONCLUSION
The above discussion helps to conclude that talent management is an effective process
and important process for an organization that should be used by a company for their future
growth and expansion. Oak Cash & Curry also use talent management in their organization so
that they can be able to retain their talented employees with them and provide better services to
their customers. There are various effective talent management strategies that has been used by
Oak Cash & Curry which resulted in the success of the company that Oak Cash & Curry is able
to expand their business in many countries. There are various tools that has been used by
researcher to manage this project of research and a survey has been conducted by the researcher

to collect qualitative and quantitative data for the same.This data helps the researcher to reach at
desirable outcome and provide better authentic data on the research topic.

REFERENCES
Books and Journal
Anguelov, K., Stoyanova, T. and Tamošiūnienė, R., 2020. Research of motivation of employees
in the IT sector in Bulgaria. Entrepreneurship and Sustainability Issues, 7(3), p.2556.
Bakoğlu, R. and Yıldırım, O.B.A., 2016. The role of sustainability in long term survival of
family business: Henokiens revisited. Procedia-Social and Behavioral Sciences, 235,
pp.788-796.
Kalitanyi, V. and Goldman, G.A., 2021. Human capital management in the fourth industrial
revolution. In Research Anthology on Cross-Industry Challenges of Industry 4.0 (pp.
1592-1612). IGI Global.
Miiro, F. and Burhan, M.I., 2018. A Measurement Model of Organisational Culture as Perceived
by Staff at the Islamic University in Uganda. INTERDISCIPLINARY JOURNAL OF
EDUCATION (IJE), 1(2), pp.167-185.
Rehman, S. and Mazhar, S.S., 2016. A STUDY ON NEW HIRING STRATEGIES TO
MANAGE TALENT CRISIS AT ENTRY LEVEL FROM THE PERSPECTIVE OF
RECRUITERS AND FRESH GRADUATE ENGINEERJOB SEEKERS. International
Journal of Research-GRANTHAALAYAH, 4(9), pp.14-29.
Saif, U. and Siddiqui, D.A., 2019. Tangible Rewards or Intangible Rewards–Which Play Most
Significant Role in Increasing Job-Hopping Behavior in Generation Y Employees in
Pakistan?. Available at SSRN 3510943.
Schirmer, J., Eber, R. and Bourdon, I., 2020, January. 32 ways to innovate business models
through data: Emerging data-driven solution business model patterns from a study of
471 late stage data-driven startups. In HICSS 2021.
Tariq, H., Ilyas, M. and Rehman, C.A., 2017. Assessing employee loyalty through organizational
attributes in Telecom sector: An empirical evidence. Advances in Social Sciences
Research Journal, 4(8).
Tuffaha, M., 2020. The Determinants of Employee’s Performance: A Literature Review. Journal
of Economics and Management Sciences, 3(3), pp.p14-p14.
Wang, H. and Wang, T., 2017. THEORETICAL MODEL ABOUT THE INTERNATIONAL
BRANDING PATH OF CHINESE BRANDS-BASED ON THE PERSPECTIVE OF
LEGITIMACY. Transformations in Business & Economics, 16.
Online:
What is Talent Management? Definition, Strategy, Process and Models, 2021. [Online]
Available Through: <https://www.toolbox.com/hr/talent-management/articles/what-is-talent-
management/>

Appendix 1
Section 1: Basic Details
Project title: Effective talent management strategies for successful organisations
Student name:
Student ID number:
Programme:
Center Name:
Intended research start date:
Intended research end date:
Section 2: Project Summary
Please select all research methods that you plan to use as part of your project:
• Interviews: ✅
• Questionnaires: ✅
• Observations: ✅
• Use of Personal Records: ✅
• Data Analysis: ✅
• Action Research:
• Focus Groups: ✅
Other (please specify): ..............................................................................................
Section 3: Participants
Please answer the following questions, giving full details where necessary. Will your research

involve human participants?
Who are the participants? Tick all that apply
Ages 12-16:
Young People aged 17–18:
Adults: ✅
How will participants be recruited (identified and approached)?
The Participants are approached on Random basis as they are selected from the group of
employees working in Oak Cash & Curry.
Describe the processes you will use to inform participants about what you are doing:
The E- mail has been sent to all the participant for the process which contain all the required
information about the project
How will you obtain consent from participants? Will this be written? How will it be
made clear to participants that they may withdraw consent to participate at any
time?
The consent has been obtained with the help of consent form in written format and
contain the note In bold that the participants have an opportunity to withdraw their
consent any time.
Studies involving questionnaires: Will participants be given the option of omitting
questions they do not wish to answer?
Yes ✅ No
If No please explain why below and ensure that you cover any ethical issues arising from
this.
Studies involving observation: Confirm whether participants will be asked for their informed
consent to be observed.

Yes ✅ No
Will you debrief participants at the end of their participation (i.e. give them a brief
explanation of the study)?
Yes ✅ No
Will participants be given information about the findings of your study?(This could be a
brief summary of your findings in general)
Yes ✅ No
Section 4: Data Storage and Security
Confirm that all personal data will be stored and processed in compliance with the Data
Protection Act (1998) Yes: ✅ No:
Who will have access to the data and personal information?
The data has been accessed by the researcher only and is saved in protected format.
During the research:
Where will the data be stored?
Will mobile devices such as USB storage and laptops be
used?
Yes: ✅ No:
If yes, please provide further details:
The data has been protected USB storage.
After the research:
Where will the data be stored?

The data is stored in a password protected in the computer and USB.
How long will the data and records be kept for and in what format?
The data has been recorded and stored till 2 years from the delivery of the project in digital format.
Will data be kept for use by other researchers?
Yes: No: ✅
If yes, please provide further details:
Section 5: Ethical Issues
Are there any particular features of your proposed work which may raise ethical concerns? If so,
please outline how you will deal with these:
It is important that you demonstrate your awareness of potential risks that may arise as a
result of your research. Please consider/address all issues that may apply. Ethical concerns
may include, but are not limited to the following:
• Informed consent. ✅
• Potentially vulnerable participants.
• Sensitive topics.
• Risks to participants and/or researchers.
• Confidentiality/anonymity. ✅
• Disclosures/limits to confidentiality.
• Data storage and security, both during and after
the research (including transfer, sharing, encryption,
protection). ✅
• Reporting. ✅
Dissemination and use of your findings.