Impact of Talent Management Strategies on Organizational Success

Unit 11: Research Project

Executive Summary
Talent management is a process which is concern with hiring, motivating as well as
retaining employees for longer duration. There are ample of issues also faced by HR managers
while managing employees in company. Talent management put great impact over success of
organization so it needs to monitor in an efficient manner. There is requirement to arrange
appropriate training programs for improving overall level of productivity and efficiency of work
force. Further, there is requirement to provide appropriate motivation to staff members for
making the talent management function of organization successful.

Table of Contents
TOPIC: “To analyze the impact of effective strategies of talent management on success of
organization.” A case study on Sainsbury.......................................................................................4
INTRODUCTION...........................................................................................................................4
Research Aim...............................................................................................................................5
Research objectives......................................................................................................................5
Research questions.......................................................................................................................5
Literature Review:...........................................................................................................................5
The concept of talent management at work place........................................................................5
Challenges faced by Sainsbury in managing employees at work place.......................................6
Impact of talent management strategies over success of organization........................................6
Methodology....................................................................................................................................7
Results............................................................................................................................................12
CONCLUSION..............................................................................................................................18
Recommendations..........................................................................................................................19
Reflection.......................................................................................................................................20
REFRENCES.................................................................................................................................21

TOPIC: “To analyze the impact of effective strategies of talent management on success of
organization.” A case study on Sainsbury
INTRODUCTION
Overview of study:
Talent management is related to managing the work force of organization in an efficient
manner. It comprises a lot of activities which are done for retaining work force for longer
duration. It is a process related to attracting, selecting, motivating as well as retaining competent
people for longer period of time. It is a wide area which is concern with performing all the
activities related to human resources so that organization can attain its objective within stipulated
period of time. It comprises all the activities from hiring potential employees to retaining them
and managing their performance over the period of time. Main aim of talent management is to
maintain higher level of performance of work force by motivating them in an appropriate
manner. It is stated that talent management is considered highly important in present time as it is
a crucial way to get competitive edge (Taylor, 2018). It is analyzed that there are a lot of
challenges have to face by HR managers while managing human resources within organization.
These challenges are related to selecting competent work force, motivating them as well as
retaining them for longer period of time. Talent management strategies are highly significant as
it not only helps in managing work force effectively but also crucial in terms of getting success
in current competitive environment. The present study is based on impact of talent management
strategies over success of business. It includes a lot of challenges which are faced by HR
managers in talent management along with the significance of talent management strategies. The
report comprises a detailed methodology which is used to gather relevant information from
primary and secondary sources.
Overview of company:
The present report is based on Sainsbury which is a well known retail company of UK. It
is considered as one of the largest supermarket chains within UK which provides groceries and
other general items to the customers across the globe. It was founded by John James Sainsbury in

1869 and expanded business in different countries overtime. In present, Sainsbury is working in
nearly 70 countries across the globe (Collings, Mellahi and Cascio, 2017). In addition to this, the
company is working in diversify fields such as retailing of books, clothing, electronic, furniture
and more. The present report is based on talent management strategies which are adopted by
organization for maintaining effective long term relationship with employees.
Research Aim: “To analyze the impact of effective strategies of talent management on
success of organization.” A case study on Sainsbury.
Research objectives
 To understand the concept of talent management at work place.
 To determine challenges faced by Sainsbury in managing employees at work place.
 To analyze the impact of talent management over success of organization.
Research questions:
 What is the concept of talent management at work place?
 What are the challenges faced by Sainsbury in managing employees at work place?
 What is the impact of talent management over success of organization?
Literature Review:
The concept of talent management at work place
According to Brian Westfall, (2019), Talent management refers to a process which is
start with hiring employees and continues till on boarding as well as managing performance of
employees in an efficient manner. It comprises all such functions which are related to managing
work force effectively. In present time, employees are regarded as an asset of company thus
concept of talent management has become really important as it is helpful in managing work
force in best possible way. Under this process, competent employees are attracted, trained,
motivated on continuously basis in order to make improvement in their performance for further
growth and betterment of business. Talent management is a crucial function which is performed
by HR managers with an aim to maintain positive relationships with employees. Main motive
due to which talent management practices are adopted is to motivate work force so that they stay
with company for longer duration.

Challenges faced by Sainsbury in managing employees at work place
According to Tom Starner, (2020), talent management is not an easy activity as a lot of
issues arise within organization while managing human resources at work place. Now, diversity
has become a trend in companies where individual belong from different culture, values, region
work together. Due to this, it is common to raise conflict at work place. In this scenario, it is
quiet challenging for HR managers to maintain coordination & collaboration among members. In
present time, the main challenge is related to retention of work force as they are more likely to
look for career growth thus switch from one company to another. So, it is quiet challenging for
HR managers to retain employees for longer duration. It is also a challenging task to hire
competent individuals who will be able to perform assigned task with minimum supervision and
guidance. In context of Sainsbury, they are facing huge challenges in terms of hiring potential
candidate. Apart from this, retaining qualified work force is also a great challenge which is faced
by organization. Maintaining coordination among diversify work force is also an emerging
challenge which is faced by company. Therefore, organization needs to identify and deal with
these changes in an efficient manner for future growth and betterment.
Impact of talent management strategies over success of organization
According to Chelladurai and Kerwin, (2018), Talent management strategies significantly
affect the success of organization. Nowadays, talent management has become a crucial concept
in business where HR manager put their efforts in order to manage employees effectively at
work place. For this purpose, they prepare a lot of strategies such as motivation, performance
management, training and development etc so that employees stay with company for longer
duration. It is stated that motivation is a process under which managers offer monetary as well as
non monetary benefits to work force as per requirement. Motivated employees tend to stay with
organization for longer run. In addition, training also play a crucial role in talent management.
Here, managers enhance overall competency and skill of work force by providing them
appropriate training. For training, first HR manage identifies areas in which employees are
lacking and then prepare appropriate training programs in such a manner by which they can get
maximum benefits. In addition, through talent management strategies company also enhances
coordination among work force. By this way, talent management put positive impact over
success and growth of organization by which it is possible to earn substantial profit margin for
future betterment.