Talent Strategies for Employee Retention: A Study on Nando's

Managing a successful
business project essay

Table of Contents
Topic: What talent strategies do the best companies use to attract and retain people? ..................3
INTRODUCTION ..........................................................................................................................3
Aims.................................................................................................................................................3
Objectives .......................................................................................................................................3
Project comprehensive plan ............................................................................................................3
Work breakdown structure ..............................................................................................................5
Gantt chart .......................................................................................................................................6
Literature review .............................................................................................................................7
Small scale research ........................................................................................................................7
Findings and data ............................................................................................................................8
Conclusion and recommendation ..................................................................................................12
REFERENCES..............................................................................................................................14
Appendix........................................................................................................................................15
Performance review .............................................................................................................15

Topic: What talent strategies do the best companies use to attract
and retain people?
INTRODUCTION
This project aims at determine various types of strategies of talent management which
can helps organisation in enhancing their employees performance and retaining them for long
time. As talent management strategies can be used by organisation in order to retain their
employees so that their employees turnover get reduced (Bagheri, Tarokh, and Ziaratban, 2021).
Their are various strategies used by organisation which helps them in increasing their
profitability and productivity. For being an employees motivated, mangers of a company should
have to provide them various strategies in return to stay them for long time. As this can be
rewards and recognition., training and development programmes and growth opportunities. The
organisational which is selected in this report is Nando's organisation. as it is a fast food chain
which was founded in the year 1987. there mangers are working effectively towards employees
retention. This report covers small scale researches and data finding to meet the research
objectives.
Aims
“To determine various types of strategies for talent management in order to enhance their
employees effectiveness. A study on Nando's”
Objectives
 To determine various types of talent management strategies used in Nando to enhance
their employees effectiveness.
 To analyse the importance of talent management in an organisation.
 To examine the challenges could be face by Hr manager in order to implement strategies
of talent management.
Project comprehensive plan
It is very essential for the organisation to conduct a effective project management plan
which helps them in properly executing of the activities in very mannered way (Battiston, and
et.al., 2021). It helps the employees in performing their job roles in most nest manner.

Table 1: Triple Constraint Theory in Project Management
(Source: Triple Constraint Theory in Project Management, 2021)
This is an essential theory within project management. This theory facilitates project manager in
managing time, cost and resources of their project. These are explained as below;
As Nando is giving opportunities to the managers in making use of talent-management
strategies in the organisation. Which helps them in engaging more with the employees and retain
them longer. This project management plan helps the company in executing their activities in
most effective manner. These activities are discussed below:
 Cost: As for providing training and development programmes and at the time of
appreciation, organisation required large amount of investments. So for having this,
company gathers funds from shareholders and financial institution (De Vera Mudry, and
et.al., 2021). In this particular research, the researcher is carrying out primary research so
this required cost to complete it in most effective manner. So the cost which is
undertaken is £ 550.
 Scope : Implementation of talent management strategies are more important for the
organisation. As it helps in smooth functioning of all activities in an organisation. In this
project plan, researcher is conducting small scale research and primary research to gather
all information and this results in development of an organisation. This helps them in