Resource and Talent Planning

Resource and Talent
Planning

INTRODUCTION
Talent management and planning is a process involving thorough assessing and evaluating
the organisational present talent in the company and evaluating it against the current and future
requirements of the company which are essential for it to accomplish its strategic and tactical
objectives. It is an essential process which is conducted by the HR unit of an entity in order to
fulfil the expectations and requirements of a company in relation with the human resource and
workforce (Kavanagh and et. al., 2017). The current report is demonstrated in relation with
Sainsbury which is a second largest retail supermarket chain established in United Kingdom. The
company was developed in 1869 by John James Sainsbury and it is headquartered in London,
United Kingdom. The company deals in retail industry serving only in United Kingdom with the
help of their supermarkets, convenience shop, superstores, hypermarkets and forecourt shop. The
assignment analysis the current labour market trends which is influencing talent management and
workforce planning in the retail sector along with explaining different legal requirements which
are needed to be fulfilled by the retail company while planning for the workforce. Moreover the
report also covers the requirement of current and anticipated skills in the particular company in
relation with the current trends and demonstrates appropriate person specification and job
description for the respective job role. At the end the HR life cycle is applied in organisational
context and integrated with its HR strategy.
TASK 1
P1. Analysing current labour market trends that influence talent management and workforce
planning.
The human resource management is defined as a process which is essential and necessary
for a business administration engaging in various activities and functions for framing efficient
policies and plans for individuals working in the entity as the employees and workforce. Human
resource Department develops strategies and aims towards combining and creating Synergy in
organisational culture and its objectives and goals of employees. Therefore workforce planning
and talent management is considered as most critical and essential HR in function that is needed
to be considered and undertaken by all different firms for increasing and enhancing the talents
and abilities of the workforce for increasing their productivity and performance levels (Pandita
and Ray, 2018).