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

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Added on  2023/06/18

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This presentation discusses the importance of talent management in organisations and analyses the talent strategies adopted by Morrisons to attract and retain the best talents in the workplace. It includes a project management plan, work breakdown structure, Gantt chart, methodology, data analysis, recommendations, personal professional review, references, and appendix. The presentation is relevant to the subject of talent management and the course code and name are not mentioned. The presentation is suitable for students of any college or university.

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

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

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Project management plan
Scope: According to the project aim and objectives there are many
activities and tasks that need to be attained.
Resources: In the current research project, there are different types of
resources are required like secondary and primary.
Time: Time is one of the most important elements in doing anything
so it holds great significance in the present research project.
Risk: The risk element is always present in every type of situation so
that it becomes necessary to manage risk and come up with preventive
measure or back up plan.
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Work break down structure
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Gantt Chart

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Secondary data collection
Comparison of talent management initiatives of Morrisons and Tesco
Morrisons TESCO
Morrisons is one of the greatest
supermarkets operating in the United
Kingdom. Morrisons has formed initiative
of training and development as talent
strategy to attract and retain best talents in
the workplace. It is believed that
Morrisons want their employees to learn
and upgrade their knowledge and skill so
that they could get developmental
opportunities in the same organisation.
TESCO also focuses on organising and
maintaining workforce in the workplace.
TESCO believes in providing flexible
times to employees so that they could
make balance in their personal and
professional lives. This also attracts
employees to stay in the TESCO for
longer time duration.
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Methodology
The current research project has used primary as well as secondary sources.
Questionnaire is used to collect numeric information from employees of
Morrisons. Books, articles, newspapers, publications etc. have used to
gather secondary data.
The whole research project is dependent upon quantitative research because
it more relevant, reliable and valid.
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Data analysis
Define talent management
Q1) According to your knowledge, how do you define
talent management?
Frequency
a) Process of attracting best candidate 5
b) Process to retain best talents 10
c) Process of encouraging and motivating employees 10
a) Process of attracting best candidate
c) Process of encouraging and motivating employees
0
1
2
3
4
5
6
7
8
9
10
5
10 10

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Talent strategies used by Morrisons to retain employees in the
organisation
Q2) What are the talent strategies used by Morrisons to
retain employees in the organisation?
Frequency
a) Training and development 5
b) Rewards and recognition 5
c) Promotion 5
d) Job rotation 10
a) Training and development
b) Rewards and recognition
c) Promotion
d) Job rotation
0
1
2
3
4
5
6
7
8
9
10
5 5 5
10
a) Training and development
b) Rewards and recognition
c) Promotion
d) Job rotation
0
1
2
3
4
5
6
7
8
9
10
5 5 5
10
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Suggestions for Morrisons for
improving their talent management
strategies
Q3) If you get chance, what would you suggest to
Morrisons for improving their talent management
strategies?
Frequency
a) More financial benefits 9
b) Learning sessions 5
c) Flexible timings 7
d) Positive environment 4
a) More financial benefits
b) Learning sessions
c) Flexible timings
d) Positive environment
0
1
2
3
4
5
6
7
8
9
9
5
7
4
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Recommendations
From the above mentioned it is recommended that
Morrisons must focus on learning sessions so that their
employees could upgrade their skills and knowledge.
They must also focus on providing great amount of
compensation to employees because it encourages a lot
employees.

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Personal performance review
The project is based on different kinds of talent strategies
adopted by companies for attaining and retaining best talents
in the workplace.
The aim for the project was ““To analyse the different
kinds of talent strategies adopted by companies for
attaining and retaining best talents in the workplace.
A study on Morrisons”
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References
Gallardo-Gallardo and et. al., 2020. Talent management: context matters.
Anlesinya, A. and Amponsah-Tawiah, K., 2020. Towards a responsible talent
management model. European Journal of Training and Development.
Daubner-Siva and et. al., 2018. The talent paradox: talent management as a mixed
blessing. Journal of organizational ethnography.
Cascio, W.F. and Aguinis, H., 2018. Applied psychology in talent management.
SAGE Publications.
Maurya, K.K. and Agarwal, M., 2018. Organisational talent management and
perceived employer branding. International Journal of Organizational Analysis.
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Appendix: Project log book
Project title: Project 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
Update on weekly research/tasks achieved
Points to consider: What have you completed?
I had conducted a study on talent strategies.
Did you fulfill task requirements?
Yes
Are you on track and within deadlines set?
Yes
Did you need to make any changes to your project management plan?
No
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