Strategies for Attracting and Retaining Talent in the Workplace

Managing Successful
Business Project

Table of Contents
TITLE ........................................................................................................................................3
INTRODUCTION......................................................................................................................3
TASK 1......................................................................................................................................3
Devise project aims and objectives for a chosen scenario.....................................................3
Produce a project management plan that covers, aim and deliverables, time, quality,
communication, risk and resources. ......................................................................................6
Produce a work breakdown structure and a Gantt Chart to provide timeframes and stages
for completion........................................................................................................................7
TASK 2....................................................................................................................................10
Carry out small-scale research applying primary and secondary methods appropriate for
meeting project aims and objectives. ..................................................................................10
TASK 3 ...................................................................................................................................13
Present findings and data using appropriate tools and techniques.......................................13
TASK 3....................................................................................................................................17
Communicate appropriate Recommendations as a result of findings and data analysis to
draw valid and meaningful conclusions...............................................................................17
TASK 4....................................................................................................................................18
Reflect on the value of undertaking the project to meet stated objectives and own learning
and performance. .................................................................................................................18
REFERENCES.........................................................................................................................20
APPENDIX..............................................................................................................................21
POWER POINT.......................................................................................................................22

TITLE
“To identify various strategies that will help organisation in attracting and retaining
talent in their workplace.” A case study on Sainsbury‘s.
INTRODUCTION
The broad criteria on whcih the research is being conducted is to examine the
understanding of Talent Management as and the processes used for retaining staff within the
organisations for longer period. Talent management refers to a process of retaining right
amount of talent on board a company is human resource which will help in increasing
productivity as well as profitability of organisation. There are a number of different
continuous measures such as appraisal and rewarding, motivational practices etc. Are taken
by organisations in order to make sure that they are attracting and retaining skilled employees
(Anlesinya, Dartey-Baah and Amponsah-Tawiah, 2019). The work in the research will be
covering numerous aspcts of a research where at first the aims and objectives are determined
and in relation to it several primary and secondary data collection techniques are used for
gathering evidence in support to the conclusion. Moving along at the end a conclusion with
appropriate recommendations is provided for the research. The following research is
conducted upon Sainsbury is which is the second largest supermarket chain in United
Kingdom. It was established by John James Sainsbury’s in 1869. The organisation is present
globally with around 1400 stores throughout the world and it employs more than 1, 16,000
employees. Various talent management approaches that are used by the organisation and that
can be used by the organisation in future are discussed in the following research. Primary and
secondary data is used to conduct the following research. The research also consist of a Gantt
chart and work breakdown structure in order to elaborate the activities in the research along
with a reflection by researcher in the end.
TASK 1
Devise project aims and objectives for a chosen scenario
Project Management is an on-going long term process that is used as a stage or step
wise structure for completing a respective tasks and making sure of attaining all the
objectives and aims developed in the beginning. The stages of a project management plan are
Initiation, Planning, Execution, Performance control and Project closure.

Advantages and Disadvantages of Project Management:
Advantages Disadvantages
 The very first advantage of the project
management process is having a
proper systematic process of
conducting certain activities ensuring
attainment of golas and agendas.
 Another advantage of project
management is collecting effective
and most prominent sources for
completion of the project and
providing significant results.
 The disadvantage of the process is its
lengthy nature and time consuming
phenomenas involved in it while
going over every stage and being very
precised while completion of it.
 Moreover, if the work required to be
conducted through the whole project
management process is not completed
in time will result in waste of
resources used and time consumed.
Aims and objectives of research
Research aim
“To determine different strategies that will help organisation in attracting and
retaining talent at the workplace.” A case study on Sainsbury’s
Research objectives
 To understand the concept of talent management
 To analyse various strategies used by organisation to retain talent To analyse various challenges that are faced by organisation while retaining talent in
the workplace
Research questions
 What is the meaning and concept of talent management?
 What are different strategies used by organisation to retain talent at workplace? What are various challenges that organisation face while retaining challenge at their
workplace?
Literature review
Understand the concept of talent management
According to Shulga and Busser, (2019), talent management refers to a systematic
procedure which is used by organisation in order to make sure that they are retaining the
talented employees in the organisation along with recruiting skilled employees for the vacant

positions in the business. It is necessary that organisation or maximising the engagement of
employees within the work so that the productivity of organisation can be increased along
with its profitability. The major goal of every organisation should be retaining talented
employees in the organisation for a longer period of time. It will help in sustainable
development of the organisation along with a strong holding of the organisation in the
market. There are a number of strategies which can be used by organisation in order to make
sure that they are retaining employees in the organisation for a longer period of time. Talent
management of employees can also be achieved when maximum satisfaction is provided to
the employees in the organisation. It is necessary that employees in the organisation are
continuously engaged in their work and they feel valued at the workplace. The functional
talent management strategy can be implemented on an organisation where the managers are
successfully looking towards their own functions and the employs leaving organisation can
be reduced to a significant number. On the other hand in order to make sure that the vacant
position in the organisation is filled with skilled and talented employees for sustainable
development the managers are responsible to use various promotional strategies. If the
present workforce of the organisation is satisfied it will help in attracting more skilled and
talented employees towards the organisation successfully.
Strategies used by organisation to retain talent
According to Golubovskaya, Solnet and Robinson, (2019), talent management is an
important factor in an organisation which can successfully help a business to lower down
their turnover rate of employees and also enhance the satisfaction level of employs. It will
successfully help in increasing productivity of the organisation along with its profitability.
There are a number of strategies that can be adopted by the human resource management of
an organisation in order to make sure that the talent of the business is managed successfully.
It is necessary that the employees in the organisation are continuously motivated in order to
retain them for a longer period of time. Along with motivation there are a number of factors
like delegating work to the subordinates by the superiors. It will help to generate
belongingness between employer and the organisation which can also build emotional
influence of organisation in the employs. It is a great way to make sure that the talented
employees can be retained in the organisation for a longer period of time. Providing training
and development sessions to the employees will help in their personal growth as well. When
an individual finds personal growth along with professional growth in an organisation they
will remain with the organisation for a longer period of time. Providing the employees with
decision making power in the organisation will help them to feel valued in the organisation

along with this their social status will also rise. All these are various strategies that can be
used by organisation in order to successfully retain talented employees for a longer period of
time.
Challenges that are faced by organisation while retaining talent in the workplace
According to Gardas, Raut and Luthra, (2019), every organisation which deals
globally needs to make sure that they are retaining talent in the organisation for a longer
period of time. It is often seen that implementing different practices for talent management in
an organisation helps in enhancing the quality of work by the organisation. However there are
a number of challenges that the managers and leaders of the organisation need to deal with
while adopting these practises. It is often seen that these practices can be including various
cost, efforts and time of the management in an organisation. When taking Sainsbury into
context the organisation is employing a large number of employees throughout the world in
its different outlets. It is often seen that the employees in the organisation belong to different
culture and belief which makes it more difficult for organisation to understand different needs
of the employs. Understanding the perception of employs which will help the organisation to
take certain steps in order to retain them for a longer period of time is a tiresome job for
managers. Also development of various training and development programmes in the
organisation requires expert advice which is not focused upon in the organisations a number
of time.
Produce a project management plan that covers, aim and deliverables, time, quality,
communication, risk and resources.
Project management plan
Project management plan refers to a document that is required by managers or
researcher in order to look towards different strategies that are available to them for
conducting a research. It is necessary to use project management plan while conducting a
research. The project management plan and all the elements included in the following
research are as follows:
Scope: The scope in the following research is to gain information about different
strategies which Sainsbury can adopt in future in order to retain and attract talented
employees in their workforce. The challenges with the organisation while using the strategies
and ways to overcome those challenges are also the scope of following research.
Project cost: The amount which is required in order to successfully conduct the
following research is referred to the project cost. While analysing 700 will be required in