Talent Strategies for Attracting and Retaining People of Marks and Spencer

This report discusses the talent strategies that can be adopted to attract and retain people of Marks and Spencer. It includes project planning, milestones, project plan, present findings, recommendations, and reflection. The report also includes a performance review and project logbook. The subject is not mentioned, but the course code and college/university are not applicable.

MSBP
1

Table of contents
PROJECT PLANNING...................................................................................................................3
Project Logbook...............................................................................................................................9
Performance Review......................................................................................................................11
Business Case Presentation............................................................................................................13
REFERENCES..............................................................................................................................27
Appendix........................................................................................................................................28
2

PROJECT PLANNING
Scope – The tasks and activities which are defined in the project in order to make project a
success helps in knowing that all the project requirements are fulfilled in significant manner in
relation to the topic which is to analyze the talent strategies that can be adopted to attract and
retain people of Marks and Spencer. The activities which are done within the project are forming
of Gantt chart, interpretation and analysis of the topic through the questionnaire being framed
(Komal and et.al., 2020). Aims and objectives are framed which helps in making the topic more
clear and precise of what project is to be done for the topic and what are the details which are to
be mentioned accurate and providing the precise information. The scope of the project also
includes the research questions which are framed and formulated with help of the objective being
made. Evaluation of the basic aspects of what the project includes is main thing which is
necessary and important for the project which is being done and to result effectively and
efficiently. Therefore, the scope creates the value for the project which helps in knowing the
importance of retaining and attracting the talent from the organization for the topic being taken.
Milestones – Milestones are the major events which are framed in the project for knowing what
are the important and essential aspects which are to be known in the whole project that is being
done. The major events in the project are – forming of the graphs and interpretation and analysis
with the help of themes. Development of the Gantt chart is also the major event which will take
place in this project. Both the factors and aspects which are framed and formulated for the
project will help in knowing the scale through which the milestones can be achieved and this will
incur to how effectively and efficiently the project is being completed at large scale (Miranda,
2019). Milestones are formed in the project to know the exact information and the data which
can be collected through it. This will help in analyzing the scale through which all the aspects of
having and incurring the basis of the project for the topic – to analyze the talent strategies that
can be adopted to attract and retain people of Marks and Spencer is developed with all the
essential information and is developed for the scale to be achieved in significant manner.
Therefore, milestones are essential part of the project.
Project plan: Initiation, planning and execution
3

Aim – To analyze talent strategies that can be adopted to retain and attract people of Marks and
Spencer.
Deliverables – The project will deliver the objectives which are being framed, scope, milestones,
Gantt chart, themes along with interpretation of the graphs and along with this present finding
will be analyzed and business case is being framed and reflection will also be evaluated.
Time – The time in which the project will be completed is 30 days (Reeves and et.al., 2020).
Quality – The quality of the project depends upon how all the activities are taken place and
worked upon to achieve the aim and objectives of the project. Therefore, the quality of the
project is highly significant.
Communication – With the help of communication and questionnaire was framed which helped
in knowing the perspectives of individuals and their viewpoints regarding the company’s
information.
Risk – The risk in the project planning is which is been observed is that the exact information
may not be available for the aim to be accomplished, delivery of the project may take time than
mentioned, data for the project planning can be copied for some other sources (Wu and et.al.,
2018).
Resources – The resources which are taken in the project planning are concerned with how the
project is to be framed and this helps in analyzing the main aim of the project, some MSBP tools
will be required for the Gantt chart preparation for the project.
Objectives –
 To evaluate importance of talent management in HRM for company.
 To analyse various talent management strategies used by organizations.
 To identify challenges in implementation of talent management strategies faced by the
company (Tian and et.al., 2019).
4

 To recommend talent management strategies that can be adopted by organization’s for
attracting and retaining people within Marks and Spencer.
Research Question –
 What is the importance of talent management in HRM for organization?
 What are the strategies of talent management used by the company?
 What are the challenges in implementation of the strategies that are faced by the
company?
GANTT Chart :
Task Name Duration Start Finish Predecessors
Initiation 5 days Wed 15-09-21 Tue 21-09-21
Developing aims 2 days Wed 15-09-21 Thu 16-09-21
Preparing proposal 3 days Fri 17-09-21 Tue 21-09-21 2
Planning 13 days Wed 22-09-21 Fri 08-10-21
Evaluation of sources 2 days Wed 22-09-21 Thu 23-09-21 3
Framing methodology 4 days Fri 24-09-21 Wed 29-09-21 5
Gathering of data 7 days Thu 30-09-21 Fri 08-10-21 6
Implementing 5 days Mon 11-10-21 Fri 15-10-21
Analysis of data 5 days Mon 11-10-21 Fri 15-10-21 7
Monitoring 5 days Mon 18-10-21 Fri 22-10-21
Review 3 days Mon 18-10-21 Wed 20-10-21 9
Evaluating success 2 days Thu 21-10-21 Fri 22-10-21 11
Closure 2 days Mon 25-10-21 Tue 26-10-21
Writing findings 2 days Mon 25-10-21 Tue 26-10-21 12
5

Present finding:
Talent management initiatives of Zara are towards enhancing the employee development
and their performances which helps the organization in placing right employee at right place and
this creates the value through which the organization is concerned with having the scale of
providing the employees of the organization better working environment so that they are
encouraged to work more and this helps in developing the business scale through the aspects of
growth and development (Duoyan, 2021). Zara focuses on the employee development which
6

initiates to provide the work culture and this helps in providing the scale through which all the
perspectives of how the organization is taking concern of delivering the best of their performance
within and outside the organization. Thus, Zara proves to be best in following the strategy which
concerns the employees of the organization.
Talent management initiatives by H&M concerns the activities which are taken place at
the very core of the organization formation and this helps the employees of organization to
follow the scale through which all the perspectives of knowing what is the base through which
all the factors play an important role in initiating basis of the operations and the strategies which
are framed for the activities at large scale (Huaranga, 2020). This is major cause through which
all the major cause of how the organization functions is taken into consideration are known at
large scale. This helps in knowing the growth and development of how effectively the
organization is taking concern towards the changes that are been taken for benefits of H&M.
Therefore, this is the major cause through which all the perspectives of development are known.
3. Benefits and value of talent management addressing wellbeing for improving employee
retention and motivation is known as how Marks and Spencer works and this helps in knowing
the basis through which the organization seeks growth and development. Talent management
helps in improving employee motivation and they are encouraged to work and perform better by
delivering effective performances at large scale within the organization.
It is found that the project is framed under the thematic analysis in which the qualitative aspect
was being analyzed and evaluated which helped in knowing the basis through which all the
perspectives of what changes are taken within organization. All the information and data is
known which provides the present findings to be more on the scale of how effectively and
efficiently the basis of all the information is known and this helps in evaluating and framing of
the project in more detailed manner (Unt and et.al., 2018). The topic which is taken as talent
strategies which can be adopted for retaining and attracting the people of Marks and Spencer are
known at large scale and this helps in analyzing and evaluating the processes and procedures
which are being followed by the organization effectively.
Recommendations - There are some recommendations for implementing talent management
initiatives which are described as follows –
7

 Clear and attainable expectations should be framed while implementing talent
management initiatives within organization.
 Promoting of social connections between management and staff should be known
between employees and staff members (Idler and et.al., 2019).
 Revitalizing of the work culture should be implemented for talent management initiatives
to be taken into action for the growth and development of the employees.
 Definitive performance reviews should be framed so that the employees are known with
what and how they are performing the work at large and small scale.
Thus, these are the recommendations which are justified for talent management initiatives which
are taken into frame and this helps in analyzing how effectively and in precise manner the best of
the practices are concerned.
Reflection – From the above project report I learned many things. This helped me in knowing
the various aspects of how the project is framed and developed. The main reason which I came
across through this project is that how effectively and in significant manner I was able to perform
all the scales and the aspects which are mentioned in the project. The main difficulty which I
faced during the formation of this project is framing the objectives and questionnaire which also
later on helped me in inventing my thinking ability. With the help of this aspect, I learned to
manage time which helped me in knowing that all the factors which are essential in promoting
the scale of how the projects are framed are known at large scale. The objectives were also
framed by me who created value for the project and on that basis the topic was described in
detail (Turner, 2018). I also framed the themes which included the graphs and described the
interpretation for that graph. The project also helped me in developing the Gantt chart which
included the activities and tasks including the basis of how effective the topic is known. Making
the Gantt chart made difficulties but eventually it was framed and developed in appropriate
manner which included all the activities and the topics which are in key considerations.
Therefore, while making this project I realized that I learned many things and this helped in
knowing and evaluating the essential aspects of project (Hamilton and et.al., 2019). And this
made the initiative of developing the project in effective and efficient manner and this helped in
overall framing the project.
8

Project Logbook
Project Logbook
Name:
Project title:
Date:
Update on period of development
I had completed majority of the project proportion till collecting the data. Yes as per my plan I
had completed my work regarding data collection. Yes I’m on track and set deadlines. No
changes are yet to be required by me with regard to project.
Risks and/or issues identified
Yes, with the existence of low knowledge regarding accessing data I found certain issues
regarding the completion of data collection. An additional risk including lack of time will have
chance that it will impact my project.
Problems encountered
Cost and time was the major challenge I faced. I make it overcome with the aspect of project
management where I make plan with respect to performance of activities.
New ideas and change of project direction
No it has not make any major changes because I was already on track and my activities are
being performed in a defined manner. My work with respect to project management and its
concerned activities has make justification towards change management like change in costing.
9

Yes with the occurrence of changes my work instead of being affected got enhanced i.e. now I
am able to manage work within the given time and resources.
What have you learned about yourself through your work?
I learned many aspect including time and resource management. With the help of this learning I
would be able to handle future project adequately and within the given resources. When I deal
with challenges and problems I feel somewhat different that make me to learn different things. I
feel good with my performance. I can make improvement with respect to making of plans and
management.
Next steps for your work
The aspect that is being prioritize is data analysis. Yes I have sufficient time for that.
Project plan status to date
Yes I’m on track with respect to my work. Yes my work with respect to project management plan,
data collection truly signifies learning outcome.
10

Tutor Feedback
Performance Review
Performance Review
What did you aim to achieve through your work?
I aim to achieve the objectives of my project. This means with the performance of work I want to
analyse that whether the objectives and research is moving in the right direction or not.
Did your work succeed in achieving your aims? How do you know? Specifically, please
outline any evaluation and assessment undertaken.
Yes, my work succeed in the aim achievement. I come to know because my all the activities in
the context of the project are moving performing in the desired direction. This is being evidenced
with the aspect of data collection aspect of my work which is truly dated and depicting the
attainment of the objective and aims.
11

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.
Almost every aspect including initiation, development worked well with respect to development
process. This is justified and evidenced with the concerned activity and its performance in terms
of making of aims and objectives and accordingly development of project management plan. In
addition of this it is further evidenced with the aspect of data collection and analysis where the
aspect of development process worked well. Also all the activities and efforts are directed
towards the attainment of the goal of the project.
What problems emerged during the project and how were they tackled? Was there
timely identification of issues and resolution during the project process?
The major problem including time and cost emerge with the pursuing of project. They were
tackled with the adoption of adequate steps including project management and time
management practices which assist the problem tackling.
Yes, the issues were identified on timely manner and its resolution was also taken at an
adequate time in terms of taking of suitable steps that may include adequate division of work and
resources.
What did you learn from undertaking the project?
I learned various aspect and gained broad knowledge with regard to project management. I also
learned various skills including communication, presentation, time-management and various
other. Likewise, my research knowledge also enhanced with this project.
12

What are the strengths and weaknesses of your process that you have identified?
The strength includes the detailed analysis of the concept, thorough understanding about the
aspect of research. Likewise, attainment of all the objective as well as clear performance of
primary and secondary analysis is also included in its strength.
The weakness of the project includes lack of time and limited cost availability.
How could your process improve for the future?
With this project my performance and process would be further improved in terms of
performance of in-depth analysis and research. Likewise, with the performance of this project my
performance in terms of handling the future project and research would be improved further in
terms of easy handling of research.
Business Case Presentation
Slide 1
13

14

Slide 2
15

Slide 3
The major aspects of knowing that talent management helps in the employee encouragement
and helps in the retention of the employees from Marks and Spencer is the major aspects that
they are motivated to perform better and this helps in creating the value through which all the
employees are attracted to work more and deliver productive performances (Alias and et.al.,
2017).
Thus, these are also the major benefits of how the talent management helps in providing Marks
and Spencer with bets of the talents that is the right individuals at right job roles and position.
Along with this, the employees are also attracted to deliver their best of what are the services
which helps in delivering their best in significant manner.
16

Slide 4
To identify challenges in implementation of talent management strategies faced by the
company (Tian and et.al., 2019).
To recommend talent management strategies that can be adopted by organization’s for
attracting and retaining people within Marks and Spencer.
17

Slide 5
18

Slide 6
Interpretation – From the above graph it has been analyzed that 9 out of 10 people think that
talent management strategies are top priority at Marks and Spencer. As these strategies are
important to attract and retain the people. But 1 out of 10 people think that talent
management strategies are not top priority within Marks and Spencer. Therefore, from the
above analysis, it is reviewed that the talent management strategies are top priority and thus
should be formulated within the organization so that they are able to attract and retain the
individuals who are capable of initiating and progressing the work within Marks and Spencer.
19

Slide 7
Interpretation – From the above graphical representation it has been evaluated that 8 out of 10
people think that Marks and Spencer frames strategies which helps in encouraging growth and
development opportunities. This creates value of employees within organization and on
contrary, 2 out of 10 people think that Marks and Spencer does not frame strategies which
helps in encouraging growth and development. Therefore, it is analyzed that strategies which
are framed should benefit the organization and employee at large scale and this should help in
providing effective and efficient information at significant basis. Thus, strategies should be
framed in so it encourages growth and development.
20

Slide 8
Interpretation –The interpretation from the graph shows that 2 out of 10 people think that
there is less number of days for training and development activities which are conducted within
organization. 3 out of 10 people think that there are training and development activities are
conducted quarterly. 4 out of 10 people think that training and development activities are
conducted on monthly basis. And 1 out of 10 people think that training and development
activities are conducted on yearly basis. Therefore, the analysis of training and development
activities which are conducted within Marks and Spencer are known as how significantly
organization is concerned.
21

Slide 9
Interpretation – From the above graph, it is identified that 4 out of 10 people think that
retention strategies are implemented significantly within organization. But, 6 out of 10 people
think that the retention strategies are not significantly implemented within organization.
Therefore, for better analysis and evaluation, it is known that retention strategies should be
framed significantly within Marks and Spencer so that the organization is able to manage
effectively and efficiently the sources through which all the purposes are solved at large scale.
The major aspects are strategies of Marks and Spencer which helps in evaluating and analysing
the organization functions in effective manner.
22

Slide 10
Interpretation – From the above interpretation, it is evaluated that, 5 out of 10 people think
that during the talent management initiatives, HR works with the manager and the employees
directly. But the other half which is 5 out of 10 people thinks that during the talent
management initiatives, HR does not work with the employees and managers directly.
Therefore, there are equal numbers of individuals who think the same for aspect for reason
above mentioned. This helps in knowing that the scale through which all the perspectives are
known helps in indicating that the HR manger does not work with the employees and managers.
23

Slide 11
Interpretation –This graph interprets that 5 out of 10 people think that increments and
promotions is the talent management strategy which Marks and Spencer has adopted. 2 out of
10 people think that providing job descriptions properly is the talent management strategy
which the organization has adopted. 2 out of 10 people think that providing training and
development opportunities is the talent management strategy which being adopted by marks
and Spencer. And 1 out of 10 people think that employee contribution evaluation is talent
management strategy which is being adopted by Marks and Spencer at large scale in effective
manner.
24

Slide 12
25

Slide 13
26

REFERENCES
Books and journals
Duoyan, H., 2021, April. Research on ZARA Strategy from the Perspective of SWOT Analysis
Method. In 2021 6th International Conference on Social Sciences and Economic
Development (ICSSED 2021) (pp. 201-205). Atlantis Press.
Hamilton, A. and et.al., 2019. Digital storytelling as a tool for fostering reflection. Frontiers:
The Interdisciplinary Journal of Study Abroad.31(1).pp.59-73.
Huaranga, M.A.P., 2020. Open innovation to create value & address sustainability concerns in
fashion industry: H&M case (Doctoral dissertation).
Idler, B.D. and et.al., 2019. IT project decisions: conclusions and recommendations for corporate
practice. International Journal of Managing Projects in Business.
Komal, B. and et.al., 2020. The impact of scope creep on project success: An empirical
investigation. IEEE Access.8.pp.125755-125775.
Miranda, E., 2019. Milestone Planning: A Participatory and Visual Approach1.2.
Reeves, B. and et.al., 2020. Time for the human screenome project.
Tian, J. and et.al., 2019. A hybrid multi-objective EDA for robust resource constraint project
scheduling with uncertainty. Computers & Industrial Engineering.130.pp.317-326.
Turner, J.R., 2018. The management of the project-based organization: A personal reflection.
Unt, M. and et.al., 2018. Synthesis of the main empirical findings of EXCEPT project. EXCEPT
Working Paper, 57, Tallinn: Tallinn University Press, http://www. except-project.
eu/working-papers.
Wu, D. and et.al., 2018. A multiobjective optimization method considering process risk
correlation for project risk response planning. Information Sciences.467.pp.282-295.
27

Appendix
Questionnaire
Question 1: In Marks and Spencer, are talent management strategies at top priority?
 Yes
 No
Question 2: Does HRM of Marks and Spencer frames strategies which encourages growth and
development opportunities?
 Yes
 No
Question 3: In what time gaps are training and development activities are conducted within
organization?
 Days
 Quarterly
 Monthly
 Yearly
Question 4: Are retention strategies implemented significantly within organization?
 Yes
 No
Question 5: During the talent management initiatives, the HR works directly with the employees
or managers?
 Yes
 No
Question 6: What are the type of talent management strategies Marks and Spencer has adopted
for attracting and retaining people?
 Increments and Promotions
 Providing job descriptions properly
28

 Providing training and development opportunities
 Employee contribution evaluation
29