Talent Management in Organizations

Research Project

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 of talent 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
travel and tourism industry. This research will help this organisation in successful
implementation of 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

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.
 To analyse issues & benefits associated with Effective talent management for a
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). There are many aspects which are related with how talent is being 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
can help in smooth functioning of company's operations. This is also related with
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
human resource in the organisation (Taylor, 2018). They focus on having a effective
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

that they are able to retain employees for a longer period of time. These are some of benefits of
the process of talent 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 to talent management, in such situations this dissatisfaction is reflected in their
performance at workplace. Such type of issues which arise in course of implementation of
practises related 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 in Trafalgar, 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 truing to
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 strategies which 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 for alignment of overall
strategies of talent management with 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