Effective Talent Management Strategies For Successful Organisations

Unit 11 – Research
Project

Table of Contents
TOPIC - Effective Talent Management Strategies For Successful Organisations........................3
INTRODUCTION .........................................................................................................................3
Aims .........................................................................................................................................3
Objectives .................................................................................................................................3
Research Questions ..................................................................................................................3
LITERATURE REVIEW ..............................................................................................................3
RESEARCH METHODOLOGY ..................................................................................................6
DATA ANALYSIS & INTERPRETATION ................................................................................9
REFLECTION ............................................................................................................................18
CONCLUSION ...........................................................................................................................18
REFERENCES.............................................................................................................................20

TOPIC - Effective Talent Management Strategies For Successful Organisations
INTRODUCTION
Talent Management is consider as a techniques and strategic process which is helpful to
gain the right talent in the organisation and aid to develop the optimal capabilities and ensure
that employees can keep the business objectives in their mind. Talent management strategies are
favourable for the success of the organisation. This report analyse the impact of talent
management strategies on Savoy Hotel. It is luxury hotel that established in London in 1889.
The prime purpose of this study is to analyse the impact of talent management strategies and
identify the useful practices of talent management which will be helpful for the development of
organisation. This report use primary and secondary research and also discuss the appropriate
findings.
Aims
To Study the Importance of Talent Management Practices for the development of the
employees. Case Study of Savoy Hotel.
Objectives
 To understand the aspect of Talent Management for the welfare of the organisation.
 To determine the useful practices of Talent Management for the overall development of
the employees of Savoy Hotel.
 To analyze the various issues which can experience by the organization due to lack of
talent management practices.
Research Questions
 What is the aspect of talent management for the welfare of the organisation ?
 What are useful practices of the talent management for the overall development of the
employees of Savoy Hotel ?
 What are the various issues that can experience by the organisation due to lack of talent
management practices ?.
LITERATURE REVIEW
Talent Management and Organisational Welfare

According to Chung and D' Annunzio – Green ( 2018), revealed that the impact of talent
management strategies on development of the organization is really prominent. Talent
management practices are crucial for the hospitality industry that can give appropriate impact
on the success of the hotels, restaurants and resorts. Through talent management, organization
manager can take high level of competitive advantage and also make a plan how to improve the
quality of the staff members. The research outcome is determine that training and development
sessions are beneficial for the improvement of employees so that they can keep enhance their
capabilities and maintain their performance on the basis of their past performances. Through
advanced training and development sessions, employees can learn new knowledge and skills
that aid in growth of employees so that they can able to perform in a best manner which will
lead the overall performance of the organization (Béraud, Drajac and Thomas, 2020). Before
conducting the training sessions for the employees, HR manager need to analyze those
employees who are not preforming well and not even playing their job role in an appropriate
way and then provide them advanced training classes. Talent management is work like a
methods to enhance the productivity of the employees so that they can provide their effective
participation in the growth of the organization (Bhatia and Baruah, 2020).Talent management is
a continuous process that can useful to attract the employees and also help them to retain in the
organisation for maximum time duration. Manager of the organisation need to list out some
specific working strategies so that manager can apply these strategies which will become the
reason for the welfare of the organisation.
Importance of Practices of Talent Management for the development of Savoy Hotel
employees
According to Khoreva, Vaiman and Van Zalk (2017), defined that the useful practices of talent
management can lead the employees development and also help them to evolve the their current
performance as compare their previous performance. All the appropriate practices of talent
management are provide the essential impact on the employees efficiency and productivity so
that they can develop required skills and appropriate information regarding their job. Manager
of the organisation can use those practices of talent management which can help to develop the
employees productivity (Gupta, 2019). Some useful talent management practices such as
provide personal growth opportunities, measure employees performance through talent
management analytical tools, provide consistent performance appraisal system, fix clear align &