Managing Successful Business Project: Talent Management Strategies for Attracting and Retaining Employees - A Case Study on Wilko

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This report covers the importance of talent management for attracting and retaining employees in organizations, with a focus on a case study of Wilko. It includes a project management plan, primary and secondary research, findings on talent management initiatives used by Wilko and Burberry, and the benefits of talent management.
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Managing Successful Business
Project
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TABLE OF CONTENTS
INTRODUCTION...........................................................................................................................3
MAIN BODY..................................................................................................................................3
STEP 1.............................................................................................................................................3
Aim..............................................................................................................................................3
Objective......................................................................................................................................3
Project management plan.............................................................................................................3
Scheduling for project management............................................................................................5
Work breakdown structure..........................................................................................................6
Gantt chart...................................................................................................................................6
STEP 2.............................................................................................................................................7
Conduct primary and secondary research....................................................................................7
STEP 3...........................................................................................................................................10
Present Findings.........................................................................................................................10
STEP 4...........................................................................................................................................11
Performance review towards project.........................................................................................11
CONCLUSION..............................................................................................................................13
REFERENCES................................................................................................................................1
APPENDIX......................................................................................................................................2
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INTRODUCTION
Managing successful business project is the management which could take more internal
business projects undertaken for having the knowledge about further company strategy or
objective. As talent management is the process for keeping the attraction, retention, selection of
the employees. This report will explain about project management plan with having various
resource plan and activities. Along with this also examined about primary and secondary
research about the various organization related to talent management. Moreover, explain about
evaluation of gathering information and also justification for implementing about the talent
management initiatives. While evaluate about the reflective practice which could led for
managing the work and effective better outcomes for having the completion over the project.
MAIN BODY
STEP 1
Aim
To understand ''What talent strategies do the best companies use to attract and retain
people?'' : A case study on Wilko.
Objective
To analyse the concepts of talent management
To develop the importance of the talent management used for attract and retain people in
organization.
To evaluate the various methods for the tm in Wilko.
To recommend strategies for the talent management that could used for attract and retain the
workforce at Wilko.
Project management plan
Cost:-
The expense for conveying about research that could reliant upon many variables and
different elements that could help the undertaking for thinking about dispense financial plan
(Catalano, 2020). To have their some better and this could needed to stick for the undertaking
extension and complete all assignment inside given the improvement choices.
Project task Cost (in pounds)
Data collection tasks 750
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Project controlling 1150
Research and development 1254
Other miscellaneous 1800
Research procurement 7544
Total 12498
Scope:-
It very well may be needed for change in any case this make their expanding about cost.
The degree for a worker is wide for having draw in and hold individuals. An essential
examination that have been led for assortment of information or social occasion that could be
founded on research, proposal will be given.
Time:-
Time for dealing with a venture for the point of view and time period that could be
required so exercises in be effectively worked and this could require 15 weeks (Brokman-
Meltzer, Perez and Gelbard, 2021).
Quality:-
The representative starts with improve nature of work all together for accomplishing the
development and given target in association. The work have been taken with quantitative and
subjective way and this could create the great nature of result in project.
Communication:-
The venture the executives helps for plan about formal and casual correspondence which
could help for other undertaking part. While this could drove them for going data through
messages, notice board, etc.
Risk :-
Information insurance act, culture obstructions, ascent of struggles at working
environment, principally hazard for the representative with having worker at joint endeavor of
association (Dobie, 2020).
Resources:-
The undertaking assets that can be utilized for overseeing work like material, innovation,
capital, human asset and numerous other helpful assets. These needed for the compelling things
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and opportune the venture. While fruition for this record required, for example, Gantt diagram,
correspondence plan, WBs, scope, hazard register and time period.
Scheduling for project management
Activity name Duration Initial date Ending date
Project initiation 14 days 22/12/2019 4/01/2019
Market investigation 6 days 22/12/2018 27/01/2019
Portfolio 5 days 27/01/2019 31/01/2019
Idea generation 2 days 31/01/2019 1/01/2019
Project planning 9 days 02/01/2019 10/01/2019
Scheming for project
towards employee
3 days 2/01/2019 4/01/2019
Risk preparation 2 days 4/01/2019 5/01/2019
Budget 4 days 5/01/2019 8/01/2019
Development 21 days 9/01/2019 30/01/2019
Training 14 days 9/01/2019 23/01/2019
Strategies for
employee
8 days 23/018/2019 30/01/2019
Project closure 21 days 30/01/2019 20/02/2019
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Work breakdown structure
Gantt chart
Activities
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Introduction
Aims and objective
Milestones and
activities
Primary and secondary
research
Implementation talent
management
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Reflective practice
Project Logbook
Name:
Project title: To understand ''What talent strategies do the best companies use to attract and retain
people?'' : A case study on Wilko.
Date:
Update on period of development
Points to consider: What have you completed in this period? Did you complete the work that you had
planned? Are you on track and within deadlines set? Did you need to make any changes to your project
plan?
While in this project this have been seems about the talent management which could be important for the
organization. the work have been completed on given time and no required for changes must be essential
for the project.
Risks and/or issues identified
Points to consider: Did you identify risks/issues related to a lack of knowledge or skill required to
undertake the work you had planned? Did you identify any additional risks/issues that have an impact on
your project plan?
This have been identified about for having the lack of communication. decision making and time
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management. while such type of skills must be required for knowing about what issues and how does this
will help in managing the work. yes, due to having the risk somewhat that have been impacted on projects.
Problems encountered
Points to consider: What challenges did you face? How did you overcome them?
The challenges I have faced about for managing the time and that could be overcome while by having the
Gantt chart and work break down structure which help me for taking some right decisions.
New ideas and change of project direction
Points to consider: In developing work, addressing risks/issues, has the direction of your work changed?
How does your work justify the change of direction? Is this clear? Do you feel this change of direction has
enhanced your work? How?
No, the work direction for the project that have been not changes and while this more help me for taking
some more and better research about the given topics.
What have you learned about yourself through your work?
Points to consider: What are the most important things that your work has revealed to you? How might
this learning apply in the future? How did you feel when you had to deal with challenges/problems? How
well do you feel you have you performed? What can you improve?
While I have learnt about the how to make the communication, positive thinking and managing the
work. while how this help me for taking some measure steps in completion over the research.
Next steps for your work
Points to consider: What aspects of your work should you prioritise? Have you allowed sufficient time
for completion?
I will make sure for having the proper time management so that could help me for making the future work.
Project plan status to date
Points to consider: Do you feel you are on track to complete your work on time? If not, how will you
address this? Do you feel your work shows your achievement of the Learning Outcomes? If not, what do
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you need to do?
Yes, the work have been completed on given time and this could led me for having the achievement about
the better learning outcome and which could also required for me in developing the better estimation about
the given projects.
Tutor Feedback
3 – Performance Review
Performance Review
What did you aim to achieve through your work?
For understanding about the talent management retain and attract towards the workforce.
Did your work succeed in achieving your aims? How do you know? Specifically, please
outline any evaluation and assessment undertaken.
Yes, this have been successes and that could also help me for taking some high measure steps and keeping
the work for being high evaluation for completion on given time period.
What aspects of your development process do you think worked well and why? Evaluate
all aspects of the project (e.g. initial research, concept development, development
process, presentation, etc.) from a range of perspectives.
The project developed with having well process for which the initial research and many other presentation
which could help me for taking some more better decision and that also help me in completion for the
projects.
What problems emerged during the project and how were they tackled? Was there timely identification of
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issues and resolution during the project process?
The problem was about for making the communication between the employee about what questionnaire
must be asked and this was most of the important concepts for which the online interview have been taken.
What did you learn from undertaking the project?
I learn about how to keep the motivation rewards for the employee and how should in future this could
help me for taking some high terms.
What are the strengths and weaknesses of your process that you have identified?
Strength: reporting writing, searching about new facts and weaknesses: communication, time management
and decision making.
How could your process improve for the future?
While this could be improve by having some proper action plan for which I can easily improve the future
projects.
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Notes : This have been also said that TM must be important for the organization for which the
employee can easily keep their retention and attraction towards the work and make sure of
having their more possible things. While having such things this could also led them for keeping
the high attention and keeping their employee for long term.
Notes : Ethical consideration have been taken place while at time of finding some more ethics
issues and that have been taken place within the work. This could also help for having the better
estimation and make the concepts for working with some more better and relevant data.
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STEP 2
Conduct primary and secondary research
Theme 1
How talent management is helpful for
company?
Respondents
Attracting employees 7
selecting employees 18
retention 2
all 3
Total 30
From the above graph it had been seems that, high of the employee think about that
selecting employee with having the more talent management is helpful for company (Picciotto,
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2020). Through having such things this could also help them for making their business with
effective goals and objective.
Theme 2
According to you what are the best TM
practices on which company should focus?
Respondents
Employer branding 5
candidate experience 7
On-boarding 18
Total 30
From the above, this could be seems that on-boarding TM practices which must play their
role and make sure for having 18 employee think about their organization for completion the
training while after joining organization.
Theme 3
According to you whose role in important in
TM?
Respondents
Human resource 8
line manager 4
both 18
Total 30
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From the above, this have been seems that 18 of employee think about the human
resources and line manager for being more role play towards the TM in organization. While this
could also help them for taking some high measure things and try to keep the retention and
attraction.
Theme 4
While employee are satisfied with talent
management process ?
Respondents
Yes 20
No 10
Total 30
From the above this have been seems that highly of the employee are being satisfied with
their talent management process in organization (Torppa, 2020). 20 of them employee think
about that highly of the workforce are being happy with their process for helping them in
organization.
Talent management initiatives used by Wilko and Burberry
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As indicated by Wilko they are more engaged towards giving additional advantages to
their workers. HR of the organization accepts that when organization will give additional
advantages to the representatives then they will in general hold for longer span inside
association. While on other hand to hold top entertainer representatives they are dealing with the
exhibition the board (Elhasi and Aljabour, 2021). Organization spend on preparing and
improvement to further develop representatives on the grounds that with the assistance of
preparing workers master new abilities and gain progressed information.
Benefits of talent management
Ability the executives have various advantages. As a matter of first importance it helps hr
in the enrolling system. It gives guidance to the hr with the goal that they can choose right
contender for the right position. At the point when chief like representatives and give them
remunerates then they persuade and buckle down. It likewise helps in expanding worker
usefulness. It likewise expands worker confidence and faithfulness towards organization. At the
point when representatives are faithful then they will hold inside association for long time-frame.
STEP 3
Present Findings
In organization talent management seems to be important for which the employee can
easily make sure for having the high effective things. Along with this could also led them for
knowing about what effective types of motivation must be required for the employee for which
they can work more and more for bring out some better results (Fernandes and O’Sullivan,
2021). While having such things this could led them for taking their strategies and this could also
led or working with having some high policies and make sure for having their growth and
developed for which the working concepts can be easily take place. TM basically used the
rewards, career development and many other career developing planning which could keep their
employee for long term and keeping them with more high estimation things. Along with this
could also seems that high place for taking some kind of effective things which could make the
business growth and developed for keeping the employee working. While for having such types
of things managing the internal things which could help them for knowing what types of things
must be effective and make sure for having their strategies in organization (García and et.al.,
2021). This have been also said that TM must be important for the organization for which the
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employee can easily keep their retention and attraction towards the work and make sure of
having their more possible things. While having such things this could also led them for keeping
the high attention and keeping their employee for long term.
TM also required the funds so hr need to calculate the TM strategy for which Wilko can
easily afford and keep their employee retain with some better satisfaction. Albeit all TM
procedure hold representatives yet a few systems like prizes and acknowledgment and preparing
are the best techniques since it deals with each organization (Gibbs, West and Bradley, 2021). As
it is said that cash is the greatest inspiration. So when representatives will be given additional
advantages then they will gets persuaded and will endeavour to accomplish organization's goals.
TM additionally acquires correspondence the association. As under TM workers are valued
based on their exhibition and not on bias. Similarly as with the assistance of TM human asset
select right up-and-comer this will assist organization with developing quick. At the point when
hr select right possibility for right position then, at that point work is finished quicker and
destinations are likewise accomplished quick. This could be appears to be that ability the
executives should be significant for the association and ensure for having their better
distinguishing proof with regards to inspiration (Jack, 2021). While having such things given
additional advantages and that could help the Wilko for thinking concerning how this will act
and ensure for having their high affected.
Alongside this business expected to work and that could help them for taking high
inspiration through which this could help the association for taking some action objectives and
objective. While for such sort of things this could ensure for having their awards through
utilizing monetary and non-monetary framework for which the worker can work for long haul.
While this could help them for thinking regarding how they need to function and make their
business for working with high assessment (Council, 2021). In association inspiration for the
representative should be significant for which the effect over through utilizing the items and
administrations. In such sort of exercises this could make their business and ensure for having
their powerful things.
STEP 4
Performance review towards project
While from the above report this could be seems that I have to think more about what
types of skills and knowledge which must be required for make the completion about projects.
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Along with this must be also important for knowing about for taking decision while making the
appropriate project so that could help me for better outcomes. While having may problem at
sometime this could help me for knowing about which types of skills must be required for being
having the high estimation in project (ul Musawir, Abd-Karim and Mohd-Danuri, 2020). I have
also faced issue while at time of taking the interview from the organization and that could bring
out many more things and make sure for having the better sources for being some high
completion. While this could also seems that I have to keep more focus towards the high sources
and maintaining the proper personal and professional knowledge about completion of the work.
Along with this also keeping the proper growth and try to make sure for having the how I will
basically deal with the given situation (Malik, Froese and Sharma, 2020). Long with this I have
also taken much important resources for which skills and knowledge that could help for
developing and keeping some high estimation about communication, problem solving, decision
making and make sure for having the various effective concepts. As I have also taken some of
the steps which help me for knowing about what types of effective things must be essential for
making the project plan.
Alongside, I have also understand about how should I have to manage the work and make
sure about what types for work must be important for me. While for keeping in mind about the
project objective, goals and budget that could help me for taking some measure high steps and
keeping some time for managing the risk. This could basically help for having monitoring plan
and implementation for takings some more work with having the high sources and that could
also help me for taking some right decision in future (Baradari, Shoar and Nezafati, 2021).
Moreover, budget and decision making will help me for project management and make sure
about which types of resources must be required. I have also come to know about how usually
this will help me for taking the rights things and that could keep the project manager for some
better outcomes. While basically I have seems that report writing and digital concepts knowledge
which must be required for knowing about which types of forms and things are to be required. In
such kind of activities this must be essential for taking the high sources and keeping the high
growth and bringing out for which the process can be taken the implementation terms.
Therefore, I have also manage the risk for which the various activities that have been
identified while at time of completion the work. As dividing the work that could become work
easier and that could help me for knowing what types of resources must be required for me.
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Technology system have also helped out with having some more better concepts and make sure
about their effective things and keeping some high estimation (Picciotto, 2020). Along with this
must be also important for taking some measure things and keeping some more concepts for
which the budget and some right decision making must be essential.
CONCLUSION
From the above report it had been concluded that, talent management which must be
important for the organization and that could also led them for knowing about how usually this
could make their objective and goals to be complete. While having such things this might be also
essential for taking the high estimation with keeping motivation through keeping various rewards
about how this could work and make sure for having their high products and services. This also
make the business for developed and also retain for the employee for keeping the employee with
some more better sources.
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REFERENCES
Books and journals
Baradari, I., Shoar, M. and Nezafati, N., 2021. Defining the relationship between IT Service
management and knowledge management: towards improved performance. Knowledge
Management Research & Practice. pp.1-13.
Brokman-Meltzer, M., Perez, D. and Gelbard, R., 2021. Perceived Complexity of a Project’s
Optimal Work Plan Influences Its Likelihood of Adoption by Project Managers. Project
Management Journal, p.87569728211026509.
Catalano, T., 2020. Project Plan Implementation. In Application of Project Management
Principles to the Management of Pharmaceutical R&D Projects (pp. 45-52). Springer,
Cham.
Council, E.S., 2021. Coastal Estuary Management Plan.
Dobie, C., 2020. Handbook of project management: A complete guide for beginners to
professionals. Routledge.
Elhasi, A. and Aljabour, B., 2021. Suggested Management Plan for Software
Maintenance. development. 3. p.4.
Fernandes, G. and O’Sullivan, D., 2021. Benefits management in university-industry
collaboration programs. International Journal of Project Management. 39(1). pp.71-84.
García, M.G. and et.al., 2021. Constructiońs health and safety Plan: The leading role of the main
preventive management document on construction sites. Safety science. 143. p.105437.
Gibbs, D.A., West, J.M. and Bradley, P., 2021. Incorporating adaptation and resilience into an
integrated watershed and coral reef management plan. PloS one. 16(6). p.e0253343.
Jack, H., 2021. Engineering design, planning, and management. Academic Press.
Malik, A., Froese, F.J. and Sharma, P., 2020. Role of HRM in knowledge integration: Towards a
conceptual framework. Journal of Business Research.109. pp.524-535.
Picciotto, R., 2020. Towards a ‘New Project Management’movement? An international
development perspective. International Journal of Project Management. 38(8). pp.474-
485.
Picciotto, R., 2020. Towards a ‘New Project Management’movement? An international
development perspective. International Journal of Project Management, 38(8), pp.474-
485.
Torppa, J., 2020. Developing a Change Management Plan to Deploy Team Selling Approach in
the Case Company.
ul Musawir, A., Abd-Karim, S.B. and Mohd-Danuri, M.S., 2020. Project governance and its role
in enabling organizational strategy implementation: A systematic literature
review. International Journal of Project Management. 38(1). pp.1-16.
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APPENDIX
How talent management is helpful for company?
Attracting employees
selecting employees
retention
all
According to you what are the best TM practices on which company should focus?
Employer branding
candidate experience
onboarding
According to you whose role in important in TM?
Human resource
line manager
both
While employee are satisfied with talent management process ?
Yes
No
2
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