Talent Strategies for Attracting and Retaining Employees - A Study on Morrisons

Managing a successful
business project
What talent strategies do the best
companies use to attract and retain
people

Content
 Introduction
 Aim and objectives
 Project Management Plan
 Gantt chart
 Methodology
 Data analysis
 Conclusion
 Recommendations
 Personal professional review
 References
 Appendix

Introduction
• Talent management is defined as one of the significant
components for arranging, organising and managing
employees in the workplace.
• Nowadays, companies are giving priority to talent
management so that best talent could be attracted and
recruited in the organisation.

Aim and Objectives
Research Aim:
“To analyse the different kinds of talent strategies adopted by companies for
attaining and retaining best talents in the workplace. A study on Morrisons”
Research Objectives:
• To understand the concept and importance of talent management within an
organisation
• To determine the different types of talent strategies adopted by Morrisons to
retain and attract best talents in the workplace
• To ascertain the benefits of talent strategies in improving the performance of
employees as well as business within Morrisons

MANAGING A SUCCESSFUL
BUSINESS PROJECT
(What talent strategies do the best companies
use to attract and retain people)

Table of Contents
INTRODUCTION...........................................................................................................................3
STEP 1: PROJECT PLANNING.....................................................................................................3
..........................................................................................................................................................6
STEP 2: CONDUCT PRIMARY AND SECONDARY RESEARCH...........................................7
1. PRIMARY RESEARCH.........................................................................................................7
SECONDARY RESEARCH......................................................................................................7
2. Research two organisations to see what kind of talent management initiatives they have.....8
STEP 3: PRESENT FINDINGS......................................................................................................9
1. Analysing findings..................................................................................................................9
2. Evaluation of tools used to gather information.....................................................................11
STEP 4: REFLECTIVE PRACTICE.............................................................................................13
RECOMMENDATIONS...............................................................................................................15
CONCLUSION..............................................................................................................................16
REFERENCES..............................................................................................................................17

INTRODUCTION
Talent management is referred as one of the important components to arrange, organise
and workforce in the workplace. Companies give priority to talent management strategies so that
best talent can be acquired, recruited and attracted. The present research is dependent upon best
and effective talent strategies to attract and retain employees in the workplace for longer time
duration (Gallardo-Gallardo, Thunnissen and Scullion, 2020). The selected company for the
present research report is Morrisons, it is knowns as fourth largest chain in the supermarket in
United Kingdom.
STEP 1: PROJECT PLANNING
Project management plan refers to the plan that is focussed towards planning the
activities of project in effective and efficient way. The plan is created so that all the needed
resources could be identified as well as aligned with the defined aim and objectives.
 Scope: As per the objectives and aim of the current research, there are various tasks and
activities that required to be accomplished. The scope of the present research is collecting
primary as well as secondary piece of information, conducting survey, selecting
respondents and so on.
 Resources: In the present investigation, there are various types of resources that are
included: books, articles, newspapers, journals, respondents etc. These resources play
major role in achieving aim and objectives (Bairagi and Munot, 2019).
 Risk: Risk is known as an element that can not be predicted because it can come at any
point of time. So, researcher always have back-up plan to conduct research because it is
necessary to have different alternatives. Researcher has taken preventive measures and
made back up plan to conduct investigation.
 Time: Time is known as one of the significant elements in conducting activities and tasks
in systematic way. Investigator has planned to complete each task and activity with the
assistance of systematic time schedule (Ragab and Arisha, 2018).
 Milestones and major events: In the present research project, there are many milestones
and events that are covered by investigator. Some of the phases and events of the current
project are: introduction, project management plan, primary and secondary research,
findings. The major events in the project are: project management plan and primary and

secondary research because these events hold the maximum information of the whole
project.
 Initiation, planning and execution: In the current project the first phase is to know
whether the project is required or not and the how beneficial it would be for the readers.
In an initiation phase the project is proposed and identify the expectations from the
project. In the planning stage, researcher has planned certain aim, objectives and
questions that are given below. In the execution process, researcher has aimed at
conducting primary as well as secondary research to gather appropriate so that objectives
could be easily attained (Ahammad and et. al., 2018).
Research Aim:
“To analyse the different kinds of talent strategies adopted by companies for attaining
and retaining best talents in the workplace. A study on Morrisons”
Research Objectives:
 To understand the concept and importance of talent management within an organisation
 To determine the different types of talent strategies adopted by Morrisons to retain and
attract best talents in the workplace
 To ascertain the benefits of talent strategies in improving the performance of employees
as well as business within Morrisons
Research Questions:
 Define the concept and importance of talent management within an organisation?
 What are the different types of talent strategies adopted by Morrisons to retain and attract
best talents in the workplace?
 What are the benefits of talent strategies in improving the performance of employees as
well as business within Morrisons?
Work breakdown structure: Work breakdown structure is defined as the procedure through
which larger activities are broken down into smaller tasks. It makes the process of conducting
research project very simple and convenient.