Best Practices in Global Talent Management within Multinationals

Project Brief
Unit: 11 – Research Proposal Form
Student Name ..............................................Student number.........................
Tutor ............................................................ Date ...........................................
Unit ................................................................... ..............................................
Proposed title ..................................................................................................
Section One: Title, objective, responsibilities
Project title: Best practices in global talent management within multinationals.
Research Aim: To determine the best practises used in global talent management
within multinational company. A case study on M&S.
Research Objectives:
 To determine the meaning of global talent management within multinationals.
 To examine the strategies used by company to retain employees for long run.
 To analyse challenges faced by M&S company for employee retention.
Research questions:
 What is the meaning of global talent management within multinationals?
 Examine the strategies used by company to retain the employees for long run?
 What challenges faced by M&S company fro employee retention?
Section Two: Reasons for choosing this research project

Reasons for choosing the project
The main reason chosen behind this topic is that investigator will be able to enhance its
knowledge and skills. This topic is important because this will helps the company in
making best practises that are being used at global talent management in multinational
company (Ferraris, Santoro, and Scuotto, 2018). By conducting this research,
investigator will be able to improve knowledge regarding global talent management.
This will help the investigator in overall development and professional development of
investigator. In this research rationale, investigator is using certain strategies in their
company at global talent management. In this research, there is a used of secondary and
primary methods both. Secondary research is conducted through literature review and
primary research is conducted through questionnaire survey.
Section Three: Literature sources searched
Use of key literature sources to support your research question, objective or hypothesis:
Literature review is the method of collecting information and data through books and
journals. Major purpose of literature review is to identify the research gap within
previous investigation. In this current research, the main topic is to identify the best
practises that re being used at global talent management in multinational company
(Guinan, Parise, and Langowitz, 2019). The present research is on Marks and Spencer
company. There is a discussions of literature review below:
Meaning of global talent management within multinationals
According to the views of Collings, (2021), Talent managements is the full scope of HR
processes which can attract, develop and motivate employees to retain in the
organisational for long run. When this is performed at global level then this is said to be
global talent management. Global talent management helps the company in retaining
employees for long run and by using various strategies that are being performed in the
organisation. These strategies helps the company in retaining employees and staff

members for retain in long run which helps the company in being sustainable for long
time. This topic is important for investigator to understand because this will helps them
in increasing knowledge about global talent management and strategies which heave
been used by company to retain employees in multinationals company (Kaymak, and
Bektas, 2017). The organisation which is chosen in the research report is Marks and
Spencer. There is a effective process of every company because by this employees
knowledge also increases and by this organisation employees turnover will also
decrease.
Strategies used by company to retain the employees
According to Ansari (2021), Global talent management is the management in which
employees are being trained, develop and motivate ta global level in multinationals
company,. In context of Marks and Spencer company, they are using certain strategies
and talent management approaches which helps them in attracting and retaining
employees for long time. These strategies are innovation, digital literacy, employer
engagement and quality of work and feedbacks. Company is providing proper training
and development opportunities to employees so that they can gain more knowledge and
skills and this will enhance their learning about the business activities and tasks.
Managers of M&S company provide various training programmes to enhance
employees productivity (Talent Management Strategies, 2021). This will helps them in
achieving their organisational goals and objectives. Another is regular performance
managements programmes- managers of the company are taking continuous
performance management programmes of the employees as they are conducted
performance appraisal programmes for employees so that there performance is being
evaluated in the organisation. According to the evaluation of their performance,
employees are being rewarded and recognised. Organisation provide various rewards
and recognisation in relation with employees so that they could feel motivated and they
will work fro long time. The global talent management strategies helps the employees in
being focused towards their work and increased their productivity.
Challenges faced by M&S company for employee retention
According to Echelon (2020), Global talent management strategies helps the
organisation in retaining employees for long. But at the same time Marks and Spencer
company is facing many issues and challenges. These challenge are higher total