This report explores the process of talent management in organizations, focusing on a research report on Trafalgar, a travel and tourism company. It discusses the objectives, benefits, and issues of talent management, as well as strategies for its effective implementation.
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EXECUTIVE SUMMARY The present report is based on the overall process of talent management in organisations. Today, in the complex scenario t his has been regarded as most difficult task for organisations to manage their employees. In the present report there has been some objectives which have been developed and to be achieved in the coming time period as decide by the researcher. Such objectives are laid down in the initiation of the report and to be achieved so that appropriate outcomes can be developed.
Table of Contents EXECUTIVE SUMMARY.............................................................................................................2 INTRODUCTION...........................................................................................................................4 LITERATURE REVIEW................................................................................................................6 RESEARCH METHODOLOGY...................................................................................................10 Results, Findings & Discussion on Research findings.................................................................17 RECOMMENDATIONS...............................................................................................................29 REFLECTION...............................................................................................................................30 CONCLUSION..............................................................................................................................31 REFERENCE.................................................................................................................................32 APPENDIX I................................................................................................................................33
INTRODUCTION Talent management is related with process of human resource which is related with hoe to develop,retain and motivate employees performance. This is a systematic process which is having a relation with hiring of suitable person according to a job position and then retaining them for long time period. This is a process which consist of various steps which has to be managed in a organisation. Which is started with planning and then neds with transiting of employees(Davis, 2016). There are many different functions which are associated with this function such as maintenance of individual identity, recognition & rewarding old employees, providing them with opportunities and designing their respective roles in a organisation. This is a process which has many benefits such as accomplishment of vision, reattainment of fine talent, strengthening human resources structure of a company and then having a competitive advantage over their competitors. This report is based one of biggest travel and tourism companies of UK , which is Trafalgar. This is a Company which is having its presence since 70 years. This is initial report which is based on several aims & research objectives which is having a connection with how talent is being managed in a organisation functioning in tourism and travel sector. This report consists of management plan, work break down structure, Gantt chart and further analysis is made of the collected information do that appropriate outcomes can be drawn(Elegbe, 2016). This is very helpful in achievement of objectives which have been laid down by the researcher. Background of Research: Present research is based on talent management which is a very popular issue prevailing nowadays in which there is explanation of a process which organisation are using for purpose of development oftalent in the organisation. This is related with overall positive impact on effective management of human resource. Management of human resource is a major issue which organisation have to deal with nowadays. Talent management is a concept which helps in addressing this issue. The present report is based on Trafalgar which is a very popular brand in travelandtourismindustry.Thisresearchwillhelpthisorganisationinsuccessful implementationof practises related with talent management in their organisation. There have been many issues which are affecting this process such as difficulties in recruitment, rising cot of hiring employees and changing attitude of employees. All this has lead to difficulties in hiring of competent employees and successful management of their talent in organisation. This research
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will help in is very helpful in ensuring effectiveness in overall process of talent management in the organisation. Overview of Research: Present research work is on the investigation which has to be done of various strategies which are being adopted by a organisation in concern with the process of talent management. This report is based on research which is being conducted on data collected based on primary method so that first hand information can be collected and that can be analysed so that effective strategies can be formed further for effective management of this process. Various methods of research are being discussed which can help in smooth functioning of research and is also very helpful in attainment of objectives laid down in this research work. With successful completion of this research work researcher will be able to develop various outcomes such as a clear understanding of concept of talent management will be developed. Various issues and benefits related with talent management will be addressed and which will help in formation of strategies related to effective process of talent management in a organisation. Research aim: “To make a investigation on various strategies which are related with talent management process at a workplace”A research report on Trafalgar Research Objectives: To develop a understanding of basic concept of talent management in service industry. Toanalyseissues&benefitsassociatedwithEffectivetalentmanagementfora organisation To find strategies related with implementation of Talent management at workplace.
Research Questions: what is basic concept of talent management in service industry? What are various benefits & issues related with Effective talent management for a organisation? Evaluate strategies which are supporting and are related with implementation of Talent management at workplace? Rationale of research Major aim behind this research topic is to develop a understanding of various aspects & issues which are related with overall process of talent management on organisation. There are many Company which are functioning in travel & tourism industry and it becomes very necessary for every organisation that they must be able top manage overall talent which is available with them so that they can retain their competent workforce for a longer duration of time and this helps them in having optimum utilisation of resources(Furusawa and Brewster, 2015). Thereare many aspectswhich are relatedwith how talentisbeing managed in organisation and that has to be understood with a in depth analysis which can help in drawing of required outcomes. LITERATURE REVIEW Concept of Talent management According to(Kim, 2014)Talent management is related with process of identifying traits, skills and talent of individuals which is related with how organist are able to manage their workforce with regards to requirements of organisation. In present scenario, organisation are operating in changing and complex environment of business which is very unpredictable. In this era of growing economy it becomes very necessary that organisations must have a qualitative workforce which can play a very necessary part in having a competitive edge in organisation. This concept is related with strategic thinking and leadership traits of employees working in a organisation. It is very necessary for every organisation that their working staff posses a performance oriented approach which is related with various traits such as having emotional intelligence, high tolerance capacity, ability of persuasion, team work and high technical skills . All these can together help in making it more feasible for organisation to manage talent of their employees. This process basically is all about ensuring that organisation is able to attract talented employees who can be attracted, motivated and retained in organisation. In this
organisation has to create condition which can help in developing potential of employees which canhelpinsmoothfunctioningofcompany'soperations.Thisisalsorelatedwith implementation of various activities which are a part of human resource management and are applied to advanced techniques and methods. Talent acquisition phase is most important part of overall process of talent management in every organisation as this is related with accessing to talented employees and then creation of a image which can help ion overall development of personnel in the organisation. This is a process which will help in effective management of talent in the organisation and will also assist in reattainment of employees who are topmost talented and also skilled employees. There will be a workforce of potential employees then this will help in attainment of competitive advantage as compared to other similar competitors in the industry. For instance in Trafalgar human resource department has responsibility of managing the humanresourceintheorganisation(Taylor,2018).Theyfocusonhavingaeffective management of talent in their organisation which can help them in maintenance of overall brand image in the external environment and in comparison with their competitors. Various benefits & issues related with Effective talent management for a organisation According to view points of(Karatop, Kubat and Uygun, 2015)there are many different issues which raise while a organisation is managing talent of its employees. This is related with higher compensation demands by employees of organisation. Many times employees are in high pressure which is related with working up to their full potential and competence. This function is also related with how effectively organisation is having leadership qualities which can help their organisation in managing overall process of talent management. Apart from issues there are also some benefits which is associated with effective talent management in a organisation this is with positive outcomes in terms of achievement of organisational objective within specified tome frame and in required manner. Employees productivity is increased and there is reduction of employees turnover. This has a benefit for organisation in long term as there is human resource which is amongst the most crucial resources for any organisation and effective process of talent management helps in retaining and managing this resource in appropriate manner. This is a process which is concerned with development of a sense amongst employees that they have the opportunity to develop in a professional manner. There is always a necessity that there is development of personal & professional skills which act as a major motivator for employees so
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that they are able to retain employees for a longer period of time. These are some of benefits of the process oftalent management but this issues is related with some disadvantage also as sometimes employees may not be satisfied with the way organisation are implementing practises related totalent management, in such situations this dissatisfaction is reflected in their performance at workplace. Such type of issues which arise in course of implementation of practisesrelated with talent management in the organisation have to be resolved as quickly as they arise so that there is no negative impact on overall productivity of employees. For instance inTrafalgar, concerned authorities are willing to make adequate efforts so that they are able to maximize benefits from effective talent management process and at same time minimize the negative effects of this process of talent management. They are truingto maintain a balance between individuals competence and assigned job responsibilities. This is a very effective tool which helps in usage of human resource in optimum manner(Collings, Mellahi, and Cascio, 2017). Job satisfaction is also a important aspect which helps in motivating employees in increasing performance level and further retention of employees having high- caliber in organisation. This is very helpful in reducing high cost of turnover of employees and planning of other important functions in the organisation. There is also a requirement that these benefits will lead to gaining of a competitive advantage for a longer period of time. Strategies which are supporting and are related with implementation of Talent management at workplace Accordance with the thoughts of(Kaur, 2015)human resource management is associate with talent management and basic functions such as acquiring, recruiting, selecting and then retaining of talented employees in their organisation. There are many approaches which have to be adopted by organisation so that there is a best plan of talent management which is being followed in the organisation. There are many strategieswhich can be followed such as understanding the importance of job descriptions for a prospective employee.Assessment of candidates cultural fit,as company's culture is very important as it helps a employee in adjusting according to their expertise and level of experience they posses. There is another approach which can be used such as providing a opportunities of training & development to their potential employees so that their productivity can be raised. There is also a need foralignment of overall strategies of talent managementwith the goal of organisation. This is helpful in having a clear understanding of present and future strategies of business. The overall quality & quality of talent
which a organisation requires must always be driven by overall goals of organisation and also according to strategies of organisation(Deery and Jago, 2015). Another effective strategy which canbeadoptedbyorganisationisrelatedwitheffortsmadebyseniormanagementof organisation which islistening to employees and understanding their opinionsrewarding what practises company can adopt to increase satisfaction level of overall workforce.Keeping the organisational culture at the forefrontthis will help in maintenance of present culture and then making needed changes. There must be adequate amount of investment which must be made in internal hiring process as this is the initial stage from where the process of talent management actually gets started. So, there is a requirement of effective process of recruitment and selection in the organisation. There is need for fine description of Job descriptions and keeping culture at the main stream. All those will be further helpful in outperforming of overall business in every organisation. For instance in Trafalgar, major part of the process of talent management is related with having clear job descriptions so that employees are aware of their abilities, skills and experience which is required for effectively performing their job duties & responsibilities. This is a travel company which also believe in having a continuous planning system which can help in having a management process which is related with how various strategies have to be adopted for future growth of company(Sparrow, Hird and Cooper, 2015). They always make sure that they are considering many different aspects if employees such as their overall potential, aspirations for career, future potential for development, willingness to work for organisations productivity and further having a qualified workforce. This is core strategy for human resource department of this organisation. Which is extremely helpful for them in retaining the type of employees which are required in their organisation. This will help them in achievement of a competitive advantage with comparison to other competitors present in external environment. Connection has been established by them between individuals goals and team goals this leads to having a clarity and there are no chances of any kind of conflicts which can affect the level of contribution of a particular individual in their organisation.
RESEARCH METHODOLOGY Research Onion This is commonly known as Saunders Research onion which is used for understanding of various stages used for development of overall research work for a investigation. There are various layers which are part of this research onion which is part of research methodology. Various layers of Research onion is discussed below: Research philosophy:Research philosophy refers to a set of beliefs which is related with the reality which is invested in a business. This is defining nature of knowledge and basic concepts on which a particular research is based(Luna–Arocas and Morley, 2015). Every research has a particular topic on which it is based and has a series of objectives which have been formed by the research to be attained at the end of research. Research philosophies are different in every Illustration1: Research onion
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organisation and they vary with every goal of the research work. The best way is generally used for achievement of goals in a organisation. Research philosophy can be defined as a knowledge type which is invested in a research project. There are three major philosophies which are part of every research process: Ontology:this is a set of reality which is used in conducting of research. This is used for defining the relational impact which is there in surroundings and society. This is also used for understanding difference between reality and how reality is being perceived. Epistemology:this is used in case of scientific research as it is helpful in finding that information which can be proved without any doubt. This is used for defining of acceptable knowledge related with research field and then providing information on results after there has been continuous testing. Axiology:This is helpful in learning how much valuable is impact on collection “& analysis of the research. This is helpful in understanding of overall impact of opinion of people which is there on a particular research. In present research work Ontology asmethod is used for conducting the research in a more effective manner. Research Approach:This is related to basically two approaches which are present in the second layer of Research onion: Deductive Approach:This approach is used as a hypothesis for a exiting theory which is used for formulation of research approach to test the whole research work. This is used as a approach which goes from general to particular. This is a general theory and its knowledge is based on specific knowledge which is gained from the overall process of research. In present research work this is used as questionnaire is used by researcher for collection of information development of understanding of a observation. Inductive Approach:This approach is used for creation of a theory in this there is movement from specific to general(Mathew,2015). This is mostly used in cased for qualitative research. Basically interviews are used for conducting research by usage of a specific phenomena and then further data is examined so that positive methodologies can be developed. In this data is firstly analysed andthen significant patterns are used in generation of effective results.
Research Strategies:This is a strategy which describes how a researcher has to carry on the research work this is used as a experimental research. Experimental:This is a research which is used as a strategy for creation of a process which is examining the overall results of experiment. This is used in all areas of research and considers only some of factors. Survey:Thisis a strategy which is liked with deductive approach. This is one of very economical strategy which is used for collecting reliable form of data. Surveys are used as a source of quantitative information in a research. This permits collecting large set of data to answer each research question. Case study: This is a strategy which is having focus on one or more area. This offers insights in specific nature and is used for establishment of overall importance of culture with regards to different cases(Sheehan and Anderson, 2015). This is mostly used in cases of financial research for making effective comparisons. Action research:This is commonly used for finding solutions related to a certain problem. Researchers used this method of research for finding solutions which can be used for formation of a professional approach and also further understanding. In present research there is selection of Experimental form of research strategy by the researcher. Research Choice:This is fourth layer in a research onion and this is concerned with research choice. Mono Method: This is a method which is used for gathering information which can be quantitative or qualitative or combination of both. Mixed method:This method permits to combine both qualitative and quantitative methodology so that there is creation of precise set of data. This is a mixed method which is used for creation of a single set of data. Multi method:This method is similar to mixed method as in this there is again a combination of both quantitative and qualitative form of data(Story,Castanheira, and Hartig, 2016). But there is a difference between these two methods as mixed method combines methodology for establishment of particular data set while multi method does not uses this combination. In present research there is selection of Mono method as only one method that is quantitative form of method has been selected by the researcher for collection of information.
Time horizon:The time horizon is used for description of required time for completion ofa particular research. There are basically to layers in this aspect of research onion: Cross sectional:This is related with the time horizon which is already established in which data has to be collected(Vaiman and Collings, , 2015). This is basically used when investigation has to be conducted with respect to a particular phenomenon within a specified time period. Longitudinal:This is a approach which is used for collection of data with a extended period of time and is a very important factor in a research which is used for examination of change in a particular period of time. In present research work there is a requirement of time period of around 51 days which will be required by the researcher in attainment of objective said down in the initiation of the research. Primary Research This is a research which is related with n depth study of various facts which are collected by a researcher and then this is first hand and primary data(McCracken, Currie and Harrison, 2016). This is usually collected with help of various mediums such as questionnaire interviews, observations etc. this is a medium which helps in collection of data from variety of business and academic sources. Secondary sources This is a method of collecting information from already established sources which have been collected already. Such type of data can be collected with help of public libraries, books, journals, official documents, online sources etc. such type of data is less reliable as this does not cost of first hand information but is used in certain cases where it is not possible to collect data by the researcher. In present research researcher has used method of data collection in which questionnaire is used as a medium of collecting information(Latukha, 2015). Total number of respondents are 25. on other hand secondary data collection method is also used in which various articles & online available sources are used for the purpose of collecting information by researcher.
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Quantitative Research This is a method in which numerical data is collected and in this population size is large. Various methods which help in collecting quantitative form of data includes correlation research, online surveys, sampling methods etc. this is also helpful for investigator in gathering of information which investigator will further analyse by usage of various mathematical operation and functions(Tafti, Mahmoudsalehi,and Amiri, , 2017). Qualitative Research This is type of method which is related with non numerical form of data which is helpful in increasing understanding of opinion of employee. Collection of data which is related with a particular situation. Various mediums through which such type of data can be collected includes observation group discussion(Kontoghiorghes, 2016). Questions asked are mostly open ended and is in for of a semi structure. This type of data is also very helpful in noticing down opinion and views of various respondents. In present research there is usage of quantitative method for gathering of information. Questionnaire This consist of set of questions which are formed by a researcher and helps in gathering maximum information from various respondents. In present research there are 25 respondents which have been selected by researcher. Respondents in this investigation are selected by researcher from target population by taking out of sample. These are questions which are related with the study which has to be conducted by investigator according to laid down objectives which have been decide in the starting of the research project. Questionnaire Q1)Doyouhaveknowledgeabouttheconceptoftalent management in your organisation? Frequency a) Yes20 b) No5
Q2) Do you believe in having practices associated withtalent management brings positivity in ato business enterprises? Frequency a) Agree15 b) Disagree10 Q3) Does implementation oftalent managementwill help in attainment of their overall business objectives? Frequency a) Yes22 b) No3 Q4) According to your perception, what can be main benefits of talent managementforTrafalgarwhich can be helpful for if they are implementing them in their organisation? Frequency a) Better environment of workplace10 b) Quick achievement of set goals & objectives10 c) Higher opportunities for growth5 Q5) According to you, whichis best strategy for Trafalgarso that organisation is able to easily implement policies related with Talent management? Frequency a) Top to down approach10 b) Effective leadership7 c) Increasing the present level of employee participation at their workplace 8 Q6) According to your perception, what is the impact of talent management practises at workplace? Frequency a) Positive10 b) Negative5 c) Neutral10
Q 7) Do you feel that implementing the practises related with talent management will have a affect on operational activities of Trafalga? Frequency a) Agree20 b) Disagree5 Q 8) According to your view point, what are some of major issues which employees can face in Trafalgar ? Frequency a) Anxiety6 b) Demoralization4 c) No proper guidance given to employees15 Q 9) Do you feel that effective talent management process can support and help in increasing productivity of employees in Trafalgar? Frequency a) Yes15 b) No10 Q10) Does practises related with talent management will help Trafalgar in retaining employees for a longer duration of time ? Frequency a) Agree20 b) Disagree5
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Results, Findings & Discussion on Research findings Theme 1:Concept of talent management in your organisation Q1) Do you have knowledge about the concept of talent management in your organisation? Frequency a) Yes20 b) No5 20 5 a) Yes b) No
Interpretation:It can be interpreted from above graph that when it was asked to 25 respondents about whether they posses information or any basic idea which is related with concept of talent management. Then there was a positive response of approximately20 employees as they had a idea meaning of talent management. There was a negative response from remaining 5 respondents as they denied the fact that they are having a knowledge regarding concept of talent management. From this interpretation it can be said that majority of employees posses a understanding of basic concept of talent management. Theme 2:Practices associated with talent management in bringing positivity in a business enterprises Q2) Do you believe in having practices associated withtalent management brings positivity in ato business enterprises? Frequency a) Agree15 b) Disagree10 15 10 a) Agree b) Disagree
Interpretation:Fromabovegraphitcan besaid thatwhen researcheraskedto 25 respondent that whether they believe in practises which are related with positivity which can be bring with help of process of talent management then majority of respondents replied to this in a positive manner. Approximately 15 respondents had a positive answer and remaining 10 had a negative answer. As they believed that talent management cannot bring positive in their organisation. Theme 3:Implementation of talent management in attainment of overall business objective Q3) Does implementation oftalent managementwill help in attainment of their overall business objectives? Frequency a) Yes22 b) No3
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Interpretation:From above discussed graph it can be interpreted that when it was asked to respondents that whether implementation of talent management can help in attaining of variousbusinessobjectiveswhichhavebeenlaiddownbytopmanagementofthe organisation. There was a positive response of majority. There were 22 employees who agreed to this view point and remaining 3 denied by giving a negative answer to this question. Hence, it can be concluded that major part has agreed that talent management is a activity which will help in achievement of overall objectives in a business. Theme 4:Main benefits of talent management forTrafalgarwhich can be helpful for if they are implementing them in their organisation Q4)Accordingtoyourperception,whatcanbemainbenefitsoftalent managementforTrafalgarwhich can be helpful for if they are implementing them in their organisation? Frequency a) Better environment of workplace10 b) Quick achievement of set goals & objectives10 c) Higher opportunities for growth5
Interpretation:As per described above graph, it can be concluded thatwhen it was asked by the researcher to 25 respondents in Trafalgar about what will be the major benefit of the process of talent management if it will be implemented in the organisation. There was a mixed response given by all the respondent such as 10 had a view that it will help in having 10 10 5 a) Better environment of workplace b) Quick achievement of set goals & objectives c) Higher opportunities for growth
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a better environment at their workplace. 10 felt that it will lead to quick achievement of desired objectives and goals of their business and other remaining 5 felt that this will lead to better opportunities of growth in future.
Theme 5:Best strategy for Trafalgarwhich can help this organisation to implement policies related with Talent management Q5)Accordingtoyou,whichisbeststrategyforTrafalgarsothat organisationisabletoeasilyimplementpoliciesrelatedwithTalent management? Frequency a) Top to down approach10 b) Effective leadership7 c) Increasing the present level of employee participation at their workplace8 10 7 8 a) Top to down approach b) Effective leadership c) Increasing the present level of employee participation at their workplace
Interpretation:From above discussed graph it can be said that when it was asked to respondents about what can be the best strategy which can help in effective implementation oftalent management process in organisation. Approximately half of respondents that is 7 in number had a view that effective leadership is something which is best approach and can helpineffectiveimplementationofpoliciesrelatedtotalentmanagementintheir organisation. 8 out of 25 respondents believed that when employee participation will be increase this will also help in effective implementation of talent management in their organisation. And then remaining 10 respondents felt that top to down approach will be more helpful for this organisation while they are planning for effective process of talent management.
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Theme6:Impact of talent management practises at workplace: Q6) According to your perception, what is the impact of talent management practises at workplace? Frequency a) Positive10 b) Negative5 c) Neutral10 10 5 10 a) Positive b) Negative c) Neutral
Interpretation:From the above discussed graph it can be said that when it was questioned to 25 respondents about the overall impact of talent management practises in the organisation. There was a major response which was given by 10 respondents thatthey felt this is going to have positive effect on their organisation. 5 respondents out of 25 felt that there will be a negative impact of this process and remaining 5 respondents were of the view that they do not havethe clarity whether it will result into positive or negative impact and this is reason why they have a neutral answer to this question. From this data it can be interpreted that there are chance so positive impact of process of talent management as majority has agreed to this option.
Theme 7:Implementing the practises related with talent management will have a affect on operational activities of Trafalgar Q7)Doyoufeelthatimplementingthepractisesrelatedwithtalent management will have a affect on operational activities of Trafalga? Frequency a) Agree20 b) Disagree5 20 5 a) Agree b) Disagree
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Interpretation:From above discussed graph it can be said that when it was asked to respondentsaboutvariouspractiseswhichcanhelpinsuccessfulimplementationof practises of talent management and its effect on operational activities of the organisation. There was a majority response in favour of this question positive as 20 respondent out of 25 agreed to this question and other remaining 5 respondents had a negative view as they disagreed. From this analysis it can be said that practises related with talent management will have a positive impact on operational functions of the organisation.
Theme 8:Major issues which employees can be faced by employees in Trafalgar Q 8) According to your view point, what are some of major issues which employees can face in Trafalgar ? Frequency a) Anxiety6 b) Demoralization4 c) No proper guidance given to employees15 6 4 15 a) Anxiety b) Demoralization c) No proper guidance given to employees
Interpretation:There are many issues which can be faced by a organisation while they are willing to implement practises related to talent management there was a mix response which was given by all the respondents. Majority that is 15 respondents dealt that there can be lack of employees which can lead to no proper guidance which will be given to employees with context to this topic. 6 of them felt that Anxiety amongst the workforce can also be a issue which can arise in the course of implementation of practises related to talent management and then finally remaining 4 were of view that demoralization that is lack of motivation c an also arise which will result into negative impact on productivity of employees.
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Theme 9:Effective Talent management process can support and help in increasing productivity of employees in Trafalgar Q 9) Do you feel that effective talent management process can support and help in increasing productivity of employees in Trafalgar? Frequency a) Yes15 b) No10 15 10 a) Yes b) No
Interpretation:From above discussed graph it can be said that when it was questioned to respondent about effective managementand its impact on increasing the productivity of employees. There was a majority response in a positive manner as 15 respondents responded in a positive manner to this question and other remaining 10 respondents had a negative answer to this question as they didn't agreed to this view and felt that talent management process will not have a positive impact on increasing the overall productivity of employees.
Theme 10:Practises related with talent management will help Trafalgar in retaining employees for a longer duration of time Q10) Does practises related with talent management will help Trafalgar in retaining employees for a longer duration of time ? Frequency a) Agree20 b) Disagree5 20 5 a) Agree b) Disagree
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Interpretation:From above graph it can be said that when it was questioned to 25 respondentaboutpractisesrelatedwithtalentmanagementcanhelpinretainingof employees for a longer duration of time. There was a majority response that 20 respondents agreed that this will surely help in reattainment of employees for a longer period of time and remaining 5 employees disagreed to this question as they didn't felt that talent management practises can help Trafalgar in retaining of employees in the organisation.
RECOMMENDATIONS After making analysis which is used for data analysis and then making several recommendations to managers in Trafalgar which they have to implement with regards to talent management practises on their organisation. There are some core recommendations which are provided below: It is being recommended that managers in Trafalgar must follow various aspects related with talent management in their organisation. Such as developing learning executives, integrated talent management practises are some aspects which are very will be very helpful in effective implementation of practises related with talent management. There is a need for developing clear job description which can help organisations to maketheir prospectiveemployeeunderstand whataretheabilities,skillsand experience which is required for a particular job profile. There is also need for providing training to employees in Trafalgar so that this process can help in increasing the present skill level of employees. This is a process which will also help in enhancement of present motivation level of employees. Career development opportunities also to be developed so that there is individual level of development which is taking place in the organisation. This will lead to opening of more career paths and help in proving increase training opportunities to employees in a organisation. There is a requirement that timely feedback must be taken from employees or a continuous review approach must be adopted which will help in keeping a check whether there is a positive impact of the overall initiates which are taken by organisation.
REFLECTION Through my overall experience which has been developed from the above conducted investigation with respect to process of talent management there have been many sort of experiences which I have gone through. Some experience have been positive and some have been in relation with skills which I need to develop with time. Basically I have used questionnaire as a method of collecting primary form of information. There have been various skills which I realised that in have to work on improvement with regards to present research. Such as there is a need to work on my communication skills so that I can use it while I am conducting future research.Competence and skills of researcher play a very significant role in every research and I have realised that I have to develop this skill which will help me in finding more relevant outcomes from a particular research.
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CONCLUSION From above discussed report, it can be said that process of talent management plays a very essential role in development of various strategies which are related to process of talent management in the organisation. This report is has discussed some of relevant topics such as basic concept of talent management, various issues which arise when organisations are willing to implement policies related to talent management and benefits for organisation as a whole. This is also helpful in promotion of the concept of talent management and then further development of strategies which will assist managers & leaders in adoption of various policies related to talent management in their organisation. This is a process which is going to have a positive impact on overall functioning and helps in appropriate practises which will help in talent management and maintenance in the organisation.
REFERENCE Books & Journal Collings, D.G., Mellahi, K. and Cascio, W.F. eds., 2017.The Oxford handbook of talent management. Oxford University Press. Davis,T.,andet.al.,2016.Talentassessment:Anewstrategyfortalentmanagement. Routledge. Deery, M. and Jago, L., 2015. Revisiting talent management, work-life balance and retention strategies.International Journal of Contemporary Hospitality Management. Elegbe, J. A., 2016.Talent management in the developing world: Adopting a global perspective. Routledge. Furusawa, M. and Brewster, C., 2015. The bi-cultural option for global talent management: The Japanese/Brazilian Nikkeijin example.Journal of World Business.25(1). pp.133-143. Karatop, B., Kubat, C. and Uygun, Ö., 2015. Talent management in manufacturing system using fuzzy logic approach.Computers & Industrial Engineering.86. pp.127-136. Kaur, P., and et. al., 2015. Using social media for employer branding and talent management: An experiential study.IUP Journal of Brand Management.12(2). p.7. Kim, Y., and et. al., 2014. A strategic model for technical talent management: A model based on a qualitative case study.Performance Improvement Quarterly.26(4). pp.93-121. Kontoghiorghes,C.,2016.Linkinghighperformanceorganizationalcultureandtalent management: satisfaction/motivation and organizational commitment as mediators.The International Journal of Human Resource Management.27(16). pp.1833-1853. Latukha,M.,2015.TalentmanagementinRussiancompanies:domesticchallengesand internationalexperience.TheInternationalJournalofHumanResource Management.26(8). pp.1051-1075. Luna–Arocas, R. and Morley, M.J., 2015. Talent management, talent mindset competency and job performance: the mediating role of job satisfaction.European Journal of International Management,9(1), pp.28-51. Mathew,A.,2015.TalentmanagementpracticesinselectorganizationsinIndia.Global Business Review,16(1), pp.137-125. McCracken,M.,Currie,D.andHarrison,J.,2016.Understandinggraduaterecruitment, development and retention for the enhancement of talent management: Sharpening ‘the edge’ofgraduatetalent.TheInternationalJournalofHumanResource Management.27(22). pp.2727-2752. Sheehan, M. and Anderson, V., 2015. Talent management and organizational diversity: A call for research.Human Resource Development Quarterly,26(4), pp.349-358. Sparrow, P., Hird, M. and Cooper, C. L., 2015. Strategic talent management. InDo We Need HR?(pp. 177-212). Palgrave Macmillan, London. Story, J., Castanheira, F. and Hartig, S., 2016. Corporate social responsibility and organizational attractiveness: implications for talent management.Social Responsibility Journal. Tafti, M.M., Mahmoudsalehi, M. and Amiri, M., 2017. Critical success factors, challenges and obstacles in talent management.Industrial and Commercial Training. Taylor, S., 2018.Resourcing and talent management. Kogan Page Publishers. Vaiman, V. and Collings, D.G., 2015. Global talent management.The Routledge companion to international human resource management, pp.210-225.
APPENDIX I Name of the learner:Name of the Supervisor: Project Title:Date: Updateofweeklyresearch/tasksachieved (Accountforaminimumofsixweekswith dates) What have you completed? Did you fulfil Task requirements? Are you on track and within deadlines set? Did you need to make any changes to your project management plan? Comments I have conducted a project on““To make a investigation on various strategies which are related with talent management process at a workplace”A report on Trafalgar. Yes Yes 02.01.20 I am on track 09.01.20 I am on track 16.01.20 I am on track 23.01.20 I am on track 07.02.20 I am on track 14.02.20 I am on track 21.02.20 I am on track No Any risks and / or issues identified? Didyouidentifyrisks/issueswitha lack of skills required for undertaking research tasks? Didyouidentifyanyadditional risks/issues that have an impact on the project management plan? I have faced some issues such as there was shortage of time and money which had to be taken care by me while I am conducting the research. No
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Problems encountered What barriers did you face? How did you overcome them? Ihavefacedsomebarrierswhichare relatedwithcommunication,and.time management Forovercomingthissituation,Ihaveto make sure that I am participating in some activitieswhichwillassistmeinthe coming future. New Ideas and change of project directionIn have to conduct the research in a more effective manner and I feel that I will need 2 more weeks. What Have I learnt about myself this week? How did I feel when I had to deal with tasks/problems? DidIfinditusefultocompletethe tasks? How well have I performed? What did I contribute? What can I improve on next week? How might thislearning applyinthe future? Ibelievethatitisusefulandisalso effective in near future. Yes I have work with all my efforts and able to improvemyexistingskillsrelatedwith effective communication Icanworktoimprovemypresentteam management skills in coming weeks. All the skills & learning will be very helpful me in my near future and is also useful for further growth. Tasks planned for next week Which tasks are priority? Have you set aside sufficient time for completion? Interpretation & Data collection Yes Projectplanstatustodate(on,ahead,
behind) Supervisor comments to address Signature of the Supervisor and date: Template for Performance Review to be attached with the report by the learner: 1.What was the Project supposed to accomplish? Main aim of this project is to 2.Did the project succeed in its aims/ how do you know? Specifically, please outline any evaluation and assessment undertaken. Yes, I feel that I have successfully able to achieve the objective for which my research work isbased,.Thishasbeenbecauseofthehelpprovidedbytheorganisationandthe management team in Trafalgar who have helped in successful initiation and completion of the report in the provided time frame. This will also help in development of effective policieswhiletheyareplanningtoexpandtheirbusinessfunctionsininternational markets. 3.What things do you think worked well and why? Evaluate all aspects of the project (e.ginitialinception,projectactivitiesandprojectoutcomes)fromarangeof perspectives. With the help of communication skills I was able to complete this research in a more effectivemanner.ReasonisisthatIhavebeenabletosuccessfullyconvinceallthe respondents sop that effective information can be collected. 4.What problems emerged during the project and how were they tackled? Was there timely identification of issues and resolution during the project process? WhileI was doing the research,I faced some issues which are related with overall behaviourofrespondentswhichwasnotsupportingsometimesandtheywerenoitr hvainbg compelet trust on me.So to handle, such type of situations it is important to make communication more effective with respondents while information is being collected. 5.What did you learn from undertaking the project? I have been able to develop skills of effective team management & communication skill,
while completion of this research. Major reason is that it is going to help me in conducting the whole research in a appropriate manner. 6.How would you rate your performance as a management consultant leading the project? I will give 7 out of 10. I have work with my full efforts so that I am able to conduct the research and achieve my research outcomes in a more effective manner. 7.What strengths and weakness of your performance did you identify? My biggest strength was my present communication skills which helped me a lot while completing this research. Also, I felt that my biggest weakness was that I didn't possess better team working which may posses a impact on overall working of the project in a negative manner. 8.How will this inform and support your continuous professional development? The effective team management skills I need to more focus on so that I am bale to utilise various opportunities and then this can help me in further growth and development. I have also able to develop better skills of communication which will help in solving of problems and utilisation of growth opportunities which will come in my way.