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Resource and Talent Planning in Argos Limited

   

Added on  2023-01-11

19 Pages5115 Words33 Views
Unit 19: Resource and
Talent Planning

Contents
INTRODUCTION...........................................................................................................................1
TASK 1............................................................................................................................................1
P1. Present workforce trends which influence workforce planning & talent management.. .1
P2. Various legal arrangements on company which consider workforce planning...............4
TASK 2............................................................................................................................................5
P3. Present worker market trends and legal requirements which include anticipated skills with
an organisation........................................................................................................................5
TASK 3............................................................................................................................................7
P4. Illustration of job description and individual specification..............................................7
P5. Various applications of recruitment and selection...........................................................9
TASK 4..........................................................................................................................................10
P6. Examine various stages of HR life-cycle.......................................................................10
P7. Examine the stages of HR life-cycle within organization..............................................10
REFERENCES..............................................................................................................................13

INTRODUCTION
Resource and talent planning is a crucial aspect in an organisation in which entity is required
to engage in the functions of ensuring coordination from business and recruitment team in
different aspects like forecast of essential resources, selection of proper channel of networking,
delivery of schedule resources and maintenance of skilled individual for future recruitment. This
process allows entity to attract and evaluate potential candidates from larger market place in
order to further ensure competitive advantage. This report has been made on Argos Limited.
Company operate their functioning in retail industry segment and was established in the year
1972. Organisation headquartered in Buckinghamshire, England, with having more than 29, 768
employees this company offer consumer goods through online and physical stores. In this report
discussion has been conducted on different type of legal requirement in workforce planning
along with different process and method of recruitment and selection. In addition to this report
include HR life cycle and human resource strategy that allow organisation to effectively consider
the process of talent planning.
TASK 1
P1. Present workforce trends which influence workforce planning & talent management
Human resource management play most important role in a business administration, as this
unit engage in the service of developing efficient plan and policies for individual in
organizational workplace structure. With these plans and strategy HR unit significantly aim
towards providing positive organisational workplace culture in order to increase productivity of
employees. In addition to this it has been evaluated that by synchronising diverse range of
function within company this unit also help in resolving unnecessary conflicts, issues that arises
in entity and further ensure towards ensuring healthy and happy workplace atmosphere as to
accomplish organisational vision, mission and goal. In relation with Argos Limited, this has been
evaluated that top executive by opting current as well as latest market trend and strategy provide
assistance to HR management to increase efficiency of their functions related to enhancing and
increasing skills and knowledge of workers, as to further enhance the performance and
productivity for company benefit.
1

Labour plan is a systematic and crucial aspect of business activity in which changes in
strategies are implemented as to modify organisational workplace environment. With the help of
this Argos management can effectively able to provide more stable way to understand HR
department with different challenges and industrial dispute and further adopt significant changes
in order to ensure more competitive advantage.
Overview of the organisation:
Argos limited performs their operations with 29,768 and more than employees. Entity
established in 1972 and conducts their business operations in retailing segment. By offering
highly qualitative goods and services to customers this entity effectively satisfies needs and
demands of consumers in a well defined and feasible manner.
Types of labour
Semi-skilled labour:
Workers within this category posses best effective form of mechanical abilities and skills
in order to operate machinery.
Skilled Labour:
This involves labour like carpenter, dishwasher, typist and, toolmaker, etc.
Unskilled Labour:
Unskilled labour mainly involve those individual those who perform their work mainly
with their hands. They mainly lack in skills and training that are required for tasks.
Such current labour trends are disused below:
Ageing Populations: This has been observed that in most of the country’s, population
are ageing faster. Countries like Japan, United Kingdom, Germany and US has predicted to
recruit thin labour workforce upcoming 15 years because of fast aging of population. It further
imposes threat upon recruitment process of hiring skilled and fresh and talented workers.
However it has been evaluated that individuals with having talent and skills in some countries
are hired, while some of the countries will encourage and support their citizen and labour force.
Industry: It has been observed that nowadays fourth Industrial Revolution involved
number of jobs and most of them are increasing at rapid rate on daily basis and are computerise.
For instance there is a significant decrease in stores sales while this further gets replaced by
moving services and streaming. It indicates that supplying channel ID change while demand of
customers is not decreasing. Thus, it indicates that mode of supply of services and goods
2

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