Talent Strategies for Attracting and Retaining Employees in the Workplace: A Study on Sainsbury's

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

Table of Contents
INTRODUCTION...........................................................................................................................3
TASK 1............................................................................................................................................4
Research Aim and Objectives.....................................................................................................4
PART A. PROJECT PLANNING ..................................................................................................4
PART B. CONDUCTING RESEARCH.........................................................................................7
TASK 2 PRESENT FINDINGS....................................................................................................11
TASK 3 REFLECTIVE PRACTICE.............................................................................................16
REFLECTION..........................................................................................................................16
RECOMMENDATIONS..........................................................................................................16
CONCLUSION..............................................................................................................................17
REFERENCES..............................................................................................................................18
APPENDICES...............................................................................................................................19
Project Logbook.............................................................................................................................19

INTRODUCTION
Talent management is defined as term that focuses on deriving strategies and ways for
attracting and retaining best and qualified employees in the workplace. It is a procedure initiated
by companies to attract and retain the employees that is most suitable for the development and
success of organisation (Daubner-Siva and et. al., 2018). This is the process through which
organisation aims at enhancing the brand image and position and great development with the
support of employees. In simpler words, talent management facilitates the organisation for
maintaining their existing employees as well as in the process of maintaining new employees
(Anlesinya and Amponsah-Tawiah, 2020). Employees are considered as one of the significant
assets because they have the power to carry out activities of the organisation so that objectives
and goals could be easily achieved. Organisations form talent management strategies according
to the requirement of workplace as well as employees so that they could be satisfied and retain in
the company for longer time duration. The present study would discuss about the talent
management strategies with the assistance of company Sainsbury's. The company is a second
largest chains in the supermarkets operating in the United Kingdom. The company focuses on
providing grocery items to their customers and has over 1,11,900 employees. The current
research project would SME's with the talent strategies that could be used by them for retaining
and attracting best talent in their organisation. This would assist companies to grow and develop
with the help of skilful and knowledgable employees.

TASK 1
Research Aim and Objectives
Research Title
“To investigate the different types of talent management strategies used by bigger
companies for attracting and retaining their best talent in the workplace.”
Research Aim
To analyse the impact of talent management strategies used by companies for for
boosting the productivity level and retaining best talent in the workplace. A study on Sainsbury's
Research Objectives
 To develop basic understanding about the talent management in the workplace.
 To determine the talent management strategies adopted for retaining talented workforce
and improving productivity level within Sainsbury's
 To investigate the impact of talent management strategies on the business performance of
Sainsbury's
Research Questions
 Explain the concept of talent management in the workplace?
 What are the talent management strategies adopted for retaining talented workforce and
improving productivity level within Sainsbury's?
 What is the impact of talent management strategies on the business performance of
Sainsbury's?
PART A. PROJECT PLANNING
Project planning is defined as the process that helps in defining activities and tasks that
need to be performed for attaining objectives in systematic and proper manner. It also includes
different kinds of resourced required by researcher for addressing each objective and question of
the research project.
Scope: The major focus of the current research project is to explain the significance of
talent strategies and the project would also address the different types of strategies used by
companies. The format of the project would be presented for predicting practices of research and
the way companies adopt talent management strategies for the accomplishment of their own goal
and objectives. The present study would give the concept of talent management in the

organisation and the way companies consider for organising, managing and retaining employees
in the workplace.
Time framework: For the completion of overall research project, there is requirement of
proper time period to conduct different activities and tasks. In the current research project, 5
weeks are needed by investigator to meet every aim and objective of the research project. This
would assist in giving proper analysis of the plan and this would consider each activity so that
proper time could be given to each task and activity. This would assist in predicting and
providing proper analysis of the project in effective and efficient format.
Cost: Cost is referred as the total amount needed for carrying out activities and task of the
research without any barrier. The amount required for completing the project is £100. This would
include the proper analysis of the chosen organisation by using different techniques of research
project so that defined aim and objectives could be easily attained. The decided amount for the
completion of research project is defined below:
Estimated amount in (£):
Activities Total amount (£)
Project management plan 20
Travelling expense 30
Collection of primary data 30
Others 20
Total 100
Communication: For the process of achieving aim and objectives communication is
necessary. It hold great significance in the present research project because it would assist in
conveying the outcomes of research project in the planned manner. So, different communication
channels is used for providing outcomes to targeted audience.
Quality: Quality is necessary while collecting information for attaining objectives. The
management of quality has been done with the assistance of primary as well as secondary data so
that objectives could be attained.

Resources: Resources are important components because it provides assistance in the
completion of research project. Human resources, technical resources and financial resources
would be required for completing the whole research project.
Risk: Researcher aims at identifying risks while gathering information from the chosen
participants. There are many risks that could ruin the work of research project so investigator
aims at identifying risks at right time. The risk can be loss of recorded information or getting
incomplete findings.
Gantt chart: Gantt chart is described as pPART A. PROJECT PLANNING roject
schedule for completing each objective and question in effective and efficient manner. It divides
every activity with proper time period so that objectives could be completed in defined time
duration (Brčić and Mlinarić, 2018).

Managing a successful
business project

Table of Contents
Title of the research:........................................................................................................................3
Aim and objectives:.........................................................................................................................3
..........................................................................................................................................................6
Primary and secondary research......................................................................................................7
Literature review:.............................................................................................................................8
Interpretation:...................................................................................................................................9
Recommendations:.........................................................................................................................14
Conclusion.....................................................................................................................................14
REFERENCES..............................................................................................................................16
Appendix 1 – Project Logbook......................................................................................................17
Appendix: 2– Performance Review...............................................................................................19
Title: “What talent strategies do the best companies use to attract and retain people?”...............20
Appendix: Business Case Presentation.........................................................................................21

Title of the research:
“What talent strategies do the best companies use to attract and retain people?”
Introduction
Talent-management is a activity that is helpful in order to maximise the present skill base of
employees for the purpose of achieving a talented workforce (Cascio and Aguinis, 2018). In
present report there is analysis of Sainsbury's that is a global retail brand. The report is based on
analysing the laid aims and objectives of the organisation. ASDA is a British hypermarket chain
was founded as part of retail business and is the second largest supermarket chain across UK.
Another retail sector organisation is TESCO that is well known British general merchandise and
grocery brand having its headquarters in England. It is third largest retail brand that is measured
as per gross revenues.
In present research there is analysis of the problems that is related with the issues that are arising
because of present COVID 19 situation. Such as there is high risk that is leading to jobs at risk.
There is high amount of cost associated with training of employees that has to be dealt to manage
the overall performance of employees. The research is based on analysing the talent management
practises that can assist in retention of workforce in this pandemic situation.
Aim and objectives:
Aim: “To evaluate various strategies of talent management that is adopted in organisations
for the intention of attracting & retaining of their workforce.” A study on Sainsbury's.
Objectives:
 To assess the conception of talent-management.
 To identity various talent-management practices used in Sainsbury's for retaining and
attracting of talented workforce.
 To analyse the value and benefits of talent management addressing well-being in terms of
improving employee motivation and retention.
Questions:
 what is the primary concept of talent-management?
 What are various talent-management practices used in Sainsbury's for retaining and
attracting of talented workforce?

 What are the value and benefits of talent management addressing well-being in terms of
improving employee motivation and retention.?
Project management plan
Project management plan is used to analyse various factors that includes scope, cost time.
Various such aspects are mentioned below:
Scope: In the present report there is analysis of various strategies that can help a organisation in
the process of retaining of their talented workforce for longer time period (Al-Lozi, Almomani.
and Al-Hawary, 2018). The scope of present research work will help in achievement of higher
success in organisation.
Cost: The overall associated cost is the amount of $5000 that will be incurred for various
associated aspects in the organisation.
Time: There will requirement of a time of approximately 20 weeks in order to achieve the laid
aims and objectives of this study.
Quality: For the purpose of maintaining and enhancing the overall quality of the research work
there will be focus on using various techniques of Gantt chart and work break down structure to
maintain proper authenticity & reliability of the information.
Communication: There are various written and verbal communication methods that have to be
used for the purpose of communicating the overall research outcomes to all the concerned
stakeholders in the present research work.
Resources: There is requirement of certain resources without which the research cannot be
timely completed (Mujtabaand Mubarik, 2021). Such as it includes various human resources,
financial and technological resources that are essentially required to complete the present
research work.
Risk: There are some of the risks that may arise in the course of research work. Such as it
includes lack of resources, delay in completion of the research that have to be taken into
consideration to deal with such future risks and uncertainties.
Schedule: In the present research work there is a specific time period which is predetermined
before the initiation of the report. All the activities are required to be timely completed in that
specified time frame only. Such as in the preset research work there is a time period of 20 weeks
which is selected by the researches for the purpose of performing different actions and further
achievement of laid aims and objectives.

Work break down structure:
it is defined as the project management tool in which the whole work is divide in small parts so
that there can be project management of every activity in the course of research work.
Gantt chart:
It is the chart in which there is presentation of the complete project schedule by deputing it on
vertical and horizontal axis (Crane and Hartwell, 2019). Gantt chart is used for development of
relationship to analyse its progress.

Research methodology
Qualitative research method: It is the method where data is collected and it includes theoretical
form of information (Nwafor, 2019). It generally includes non numerical information that is in
form of concepts and theories.
Qualitative research method is reliable as it will help in the process of having suitable theoretical
base of information which is non numerical. It is going to lead towards having sufficient base for
further research that is to be conducted in the aspect.
Quantitative research method: In this method there is collection of numerical base of
information that is based on various facts, figures that is assisting researcher in having authentic
information base to reach to reliable conclusions.
Quantitative research method is reliable as generally there is numerical form of data which is
collected that can assist in the process of having sufficient amount of quantitative and numerical
form of data which will lead to having presence of sufficient information base.