Strategies of Managing Talent in Tesco

This report analyzes the talent management strategies used by Tesco, a leading retail organization, to attract and retain employees. It explores the concept of talent management, the increasing need for effective strategies, and the impact on performance and success. The report also compares Tesco's strategies with those of its competitors, Sainsbury's and ASDA.

Managing Successful
Business Project

Table of Contents
Topic: “What strategies of managing talent do the best companies use to ensure attraction and
retention of people?”........................................................................................................................1
INTRODUCTION...........................................................................................................................1
Step 1: Project Planning...................................................................................................................1
Step 2: Conduct primary and secondary research............................................................................6
Research methodology...........................................................................................................6
Undertaking of Secondary Research......................................................................................7
Undertaking of Primary Research..........................................................................................7
Step 3: Present Findings...................................................................................................................9
Communication of Recommendations.................................................................................14
Step 4: Reflective practices............................................................................................................15
Performance appraisal and Log Book Covered in Appendix...............................................15
CONCLUSION..............................................................................................................................15
REFERENCES..............................................................................................................................17
APPENDIX I.................................................................................................................................19
Screen shots of PPT..............................................................................................................19
APPENDIX II................................................................................................................................26
Template for Performance Review to be attached with the report by the learner:........................26

Topic: “What strategies of managing talent do the best companies use to
ensure attraction and retention of people?”
INTRODUCTION
Talent management is a process that is used to manage the workforce requirements in
organisation to ensure that all the roles and responsibilities are managed as per specific laid
mission and vision of the organisation. In the changing times there are different talent
management practices that are adopted by organisations to manage their overall workforce. In
present report there is analysis of talent management strategies in Tesco that is one of the leading
retail organisations (Arantes do Amaral, dos Santos and Rodrigues, 2018). Tesco is having
effective talent management process as compared to its other competitive brands like ASDA &
Sainsbury. This retail brand is working towards enhancing the competence and capabilities of
their employees to get a competitive advantage.
Step 1: Project Planning
The report is based on analysing different aspects by use of various sources of information.
There is analysis of different talent management strategies used in Tesco as compared to other
major competitor brands that include Sainsbury’s and ASDA. Further, there is application of
different research methodologies to analyse the a range of strategies that can be used in process
of managing talent in the organisations.
Aim
The aim of current investigation is to, “To evaluate about the strategies of managing
talent that are used by best companies use to ensure attraction and retention of people”. A project
on Tesco Plc.
Objective
 To get better understanding about the concept of talent management along with its
increasing needs with a firm.
 To Determine about some effective talent strategies that are used by best companies to
attract and retain people.
 To evaluate about the impact of talent management strategies on the performance and
success level of Tesco.
Research questions
1

 What is meant by the concept of talent management along with its increasing needs with
a firm?
 What strategies of managing talent do the best companies use to ensure attraction and
retention of people?” e?
 What impact would be led by talent management strategies on the performance and
success level of Tesco?
Project management plan is a tool that is used for the purpose of getting detailed overview of
various aspects of research. It is a manageable plan that is formulated to execute the work as per
specific requirements.
Cost: It based on financial requirement in a specific research work. The respective project
management plan there is requirement to fulfil the overall financial requirement associated with
the project. This aspect includes the finance requirement for travelling purposes management
cost, survey cost, project equipments and other petty expenses.
Scope: In this present report work the scope is to determine the best talent management
strategies that can be used for the purpose of retaining and managing of talent (Clarke and
Visser, 2019). The research is going to be very helpful for the future formation of talent
management strategies in context of global retail organisations like Tesco.
Quality: It is a basic attribute that is related to ensuring that set standards of the project
are achieved as per requirements of investigator. In the present report there are some of the
preset standards that are required to enhance the overall Quality of work. For this purpose there
are key performance indicators and appropriate monitoring techniques that are set up. It will
ensure that there is proper maintenance of quality through all over research. Questionnaire will
help in collection of authentic and reliable form of information from the target respondents.
Other different research methods like qualitative and quantitative are also assisting in the process
of collecting the required information.
Communication: Communication is a very crucial aspect in the overall project
management plan. It is the element that helps in proper communication channels that are late in
the process of transmission of all the information that is required are different aspects of project
functioning. Researcher is using various communication tools to ensure that all the teammates
are timely and properly communicated about the tasks to be performed. This tool is also very
helpful in completing the research work and ensuring that there are no conflicts across team.
2

Risks: There is always an element of uncertainty and possibility of risks that is part of
every research work. In the present research report risk can be in terms of non achievement of
the laid aims and objective or non meeting up of the deadlines (Worthington and Bodie, 2017).
These anticipatory costs have to be identified in advance by the researcher so that there can be
formulation of appropriate strategies to deal with this future risk.
Resources: There are some of the specific resources which are very crucial and without
which the overall aims and objectives of the research cannot be achieved. It includes time
resources, natural resources and human resources that are essentially required to complete the
research as per specific requirements.
Gantt chart:
3

4

Work break down structure:
5

Step 2: Conduct primary and secondary research
Research methodology
Primary data: It includes the first hand information that is collected by investigator by use
of various methods like survey, questionnaire and interview to extract information from the
target segment of respondents. In present research report there is use of questionnaire as a
method to analyse the viewpoints of respondents as for the lead research aims and topic.
Secondary data: It includes the way information is collected from the existing sources that
is there is no presence of first hand information is used for the purpose of collecting information.
In this information is collected from books, newspapers, articles, journals, sources and websites
(Daniel and Harland, 2017). The data is in raw form and there is requirement of proper
modifications that is to be done in order to use it in context of research work. In present research
there is use of available online journal articles and information in order to collect information
that is associated with talent management process in retail sector.
Qualitative methods: In the present report the main focus is on non numerical form of
collecting information. In this method data is expressed in non-numerical or qualitative form. It
is a method where there is collection of information to analyse the talent management strategies
used by retail organisations to manage the talent.
Quantitative method: In quantitative method there is use of collecting numerical or
quantitative form of information that is represented based on graphs and chart. In this method
there is collection of information by use of questionnaire (Zangirolami-Raimundo, Echeimberg.
and Leone, 2018). It is used to analyse the responses provided by target segment of respondents
were employees working in tesco.
Sampling: It is a method a small sample is extracted from the whole population for the
purpose of making analysis of the collected information (Dodds and Hess, 2020). The
methodology that is the application of random sampling method. The sample size is of 40
respondents who are employees presently working in TESCO.
Ethical considerations: There is requirement to ensure proper ethical consideration where
the collected information is used solely for the purpose of this research work only. Other aspects
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of ethical consideration include collection of secondary sources of information identified only
from authentic and reliable sources.
Undertaking of Secondary Research
As per the view point of Banerjee, K.K., 2021, it has been analysed that the Talent
management forms out a vital part for every organisation that focus on attracting and retaining
more talented employees within a firm. The concept of talent management comprises of adoption
of effective practises for improved selection, attraction and development of people to ensure
higher success and improved performance. The main benefits and importance of talent
management comprises of enhancing the skills and competencies of employees which makes
them more creative and effective. Apart from this, highly skilled workforce is also ensured by
talent management which lead to improved competitive strength within the firm. Beside this, it
has been also observed that the implication of talent management strategies led a positive
workplace environment and creates a positive relation among employees and employer which
ensures higher retention of talented employees.
Further, as per the view point of Cavusgil, S.T., 2021, it has been also analysed that the
Talent-management is a vital concept that reflects the main purpose and aim of the HR process
that comprises of attracting and recruiting of the most talented candidates for a firm along with
leading improvement in the employees. Beside this, it has been also analysed that monitoring the
skills and performance of employees to have continuous improvement is also a part of talent
management. It has been also analysed that providing regular training to the employees is an
effective talent management strategy which focus on continuous improvement of the skills and
competencies of employees and also motivates them for having higher growth (Jeppesen and et.
al., 2017). Apart from this, performance based incentives has been also provided by best
companies like Sainsbury and Asda that have positive impact on the motivation level of
employees and it also attract and retain talented employees by meeting their financial
expectation. Further, on the basis of this discussion, it has been seen that the talent management
have a positive impact on the success and performance of a firm as it supports skilled workforce
and motivated people to effectively meet and achieve the organisational goals (Kshetri, 2021).
Undertaking of Primary Research
Use of bellow stated questionnaire has been made for collection of primary data from the
selected 40 participants from the employees of Tesco.
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Q1) Are you having any kind of implication regarding the rising importance of concept of
talent management?
a) Yes
b) No
c) Neutral
Q2) Why it has become essential for the companies to have better implication of talent
management strategies?
a) Enhance competency of firm
b) More skilled workforce
c) Improved Competitive strength
d) Higher retention of talented employees
Q3) What are the main talent strategies that are being adopted by the firms like Sainsbury
and ASDA at their workplace?
a) Implication of systematic recruitment system
b) Providing Regular training
c) Participative management
d) Performance based incentives
Q4) Are you agreed with the fact that, Tesco also needed to have modification and
improved talent strategies at its workplace to attract and retain people?
a) Agreed
b) Strongly agreed
c) Disagreed
d) Strongly disagreed
e) Neither agreed nor disagreed
Q5) As per your view point, who is responsible for formation and adoption of effective
talent management strategies at the workplace of Tesco?
a) Top management
b) HR manager
c) Operational manager
d) All of the above
Q6) What impact would be led by talent management strategies on the performance and
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success level of Tesco?
a) Positive impact
b) Negative impact
c) No impact
Step 3: Present Findings
Presentation of finding of current investigation has been made with the help of frequency
table and pie charts that facilitates a more systematic and clear presentation of the raw data
collected with the help of questionnaire.
Theme 1: Importance of concept of talent management
Q1) Are you having any kind of implication regarding the rising
importance of concept of talent management?
Frequency
a) Yes 37
b) No 2
c) Neutral 1
Interpretation
The above pie chart is reflecting that the form a total of 40 participants, 37 were having
implication regarding the rising importance of concept of talent management whereas 2 were
unaware about this along with the remaining 1 who tend to have neutral implication.
9

Theme 2: Essential for the companies to have better implication of talent management
strategies
Q2) Why it has become essential for the companies to have better
implication of talent management strategies?
Frequency
a) Enhance competency of firm 9
b) More skilled workforce 8
c) Improved Competitive strength 12
d) Higher retention of talented employees 11
Interpretation
The above diagram is reflecting that implication of talent management strategies has
become important for organisation as it enhance the competency of the firm as per the view point
of 9 participants whereas 8 supported for the more skilled workforce. Beside this, it has been also
analysed that the 12 participants were having a view point that it has become essential for the
companies to have better implication of talent management strategies as it improved Competitive
strength whereas 11 favoured for Higher retention of talented employees.
Theme 3: Main talent strategies that are being adopted by the firms like Sainsbury and
ASDA at their workplace to attract and retain people
Q3) What are the main talent strategies that are being adopted by
the firms like Sainsbury and ASDA at their workplace to attract and
retain people?
Frequency
10

a) Implication of systematic recruitment system 10
b) Providing Regular training 11
c) Participative management 8
d) Performance based incentives 11
Interpretation
It has been analysed on the basis of above pie chart that main talent management
strategies that are adopted by the best companies like Sainsbury and ASDA comprises of
Implication of systematic recruitment system as per the view point of 10 participants whereas 11
supported for providing regular training. Apart from this, 8 respondents also favoured
participative management as the main talent strategies that are being adopted by the firms like
Sainsbury and ASDA at their workplace to attract and retain people whereas 11 favoured for
Performance based incentives.
Theme 4: Tesco also needed to have modification and improved talent strategies at its
workplace
Q4) Are you agreed with the fact that, Tesco also needed to have
modification and improved talent strategies at its workplace?
Frequency
a) Agreed 20
b) Strongly agreed 12
c) Disagreed 1
d) Strongly disagreed 2
11

e) Neither agreed nor disagreed 5
Interpretation
It has been reflected from the above pie chart that from the total of 40 participants, 20
were seemed agreed with the fact that Tesco also needed to have modification and improved
talent strategies at its workplace whereas 12 favoured for strongly agreed. Beside this, only 1
participant was there who supported for disagreed whereas 2 respondents were in support of
strongly disagreed. Apart from this, 5 remaining participants were also having a thinking of
neither agreed nor disagreed on the fact that Tesco also needed to have modification and
improved talent strategies at its workplace.
Theme 5: Responsible for formation and adoption of effective talent management strategies
at the workplace of Tesco
Q5) As per your view point, who is responsible for formation and
adoption of effective talent management strategies at the workplace
of Tesco?
Frequency
a) Top management 8
b) HR manager 15
c) Operational manager 16
d) All of the above 1
12

Interpretation
It has been find out on the basis of current investigation that 8 participants were having a
thinking that top management is responsible for formation and adoption of effective talent
management strategies at the workplace of Tesco whereas 15 participants favoured for HR
manager. Beside this, 16 participants were having a view point that operational manager is
responsible for formation and adoption of effective talent management strategies at the
workplace of Tesco while the other 1 participant has favoured for all the above option.
Theme 6: Impact would be led by talent management strategies on the performance and
success level of Tesco
Q6) What impact would be led by talent management strategies on
the performance and success level of Tesco?
Frequency
a) Positive impact 38
b) Negative impact 1
c) No impact 1
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Interpretation
It has been reflected by the above drawn pie chart that from the total of 40 participants 38
were having a view pint that positive impact would be led by talent management strategies on the
performance and success level of Tesco while only 1 respondent supported for its negative
impact along with the remaining 1 participant who favoured for no impact would be led by talent
management strategies on the performance and success level of Tesco.
Communication of Recommendations
On the basis of current study, it has been analysed that maximum number of best companies
like Sainsbury and Asda has adopted effective talent strategies to have improved competitive
strength along with attracting and retaining more talent employees. Thus, it is also recommended
and suggested for the Tesco to have modification in its current strategy and adopt some more
effective strategies for better management of talent. Providing of regular training to its
employees is highly suggested and recommend for Tesco Plc as it ensure a continuous
improvement in the skills and competencies of employees which motivates and direct people to
have higher future opportunity while remaining in a firm. Further adoption of participative
management is also bringing a positives and healthy workplace relation that leads to higher
employee engagement which ensures higher retention of talented employees. Apart from this,
providing performance based incentives and higher perk is also suggested and recommended for
the Tesco plc as it attracts and retain talented people for longer period by the way of meeting
therefore financial needs which motivates them for higher performance.
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Step 4: Reflective practices
The current investigation is very vital and knowledgeable for me that has enhanced by
Knowledge and competency level. I gained a better understanding about the concept of talent
management along with improvement in managerial and communication skills. Beside this,
within current study use of the quantitative form of investigation has been made by me which
comprises of use of questionnaire for data collection which ensures and provides a most cost and
time effective way of gathering information. Beside this, the only pitfall and drawback that is
faced by me during current study is related with management of time and other resources
therefore, use of Gantt chart and WBS was made by me to overcome these issues.
Performance appraisal and Log Book Covered in Appendix
CONCLUSION
On the basis of current project, a conclusion can be made that rising importance of concept
of talent management is seen in business organisation as it has become essential for the
companies to have better implication of talent management strategies because it Enhance
competency of firm, More skilled workforce, Improved Competitive strength and Higher
retention of talented employees. Further, a summarisation can also be made that main talent
strategies that are being adopted by the best firms at their workplace to attract and retain
employees comprises of Implication of systematic recruitment system, Providing Regular
training, Participative management and Performance based incentives. At last, a summarization
has been also made that positive impact would be led by talent management strategies on the
performance and success level of a firm.
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REFERENCES
Books and journal
Alkhalifah, A., 2017. A research Methodology to Explore the Adoption of E-
Government. International Journal of Computer Engineering and Information
Technology, 9(9), p.216.
Arantes do Amaral, J.A., dos Santos, L. and Rodrigues, R.J., 2018. Combining Project-Based
Learning and Community-Based Research in a Research Methodology Course: The
Lessons Learned. International Journal of Instruction, 11(1), pp.47-60.
Banerjee, K.K., 2021. Creating the Catapult Effect for the Talent in the Era of Digital
Abundance. In Global Business Leadership Development for the Fourth Industrial
Revolution (pp. 155-173). IGI Global.
Bøe, M., Hognestad, K. and Waniganayake, M., 2017. Qualitative shadowing as a research
methodology for exploring early childhood leadership in practice. Educational
Management Administration & Leadership, 45(4), pp.605-620.
Cavusgil, S.T., 2021. Advancing knowledge on emerging markets: Past and future research in
perspective. International Business Review, p.101796.
Clarke, E. and Visser, J., 2019. Pragmatic research methodology in education: possibilities and
pitfalls. International Journal of Research & Method in Education, 42(5), pp.455-469.
Daniel, B.K. and Harland, T., 2017. Higher education research methodology: A step-by-step
guide to the research process. Routledge.
Dodds, S. and Hess, A.C., 2020. Adapting research methodology during COVID-19: lessons for
transformative service research. Journal of Service Management.
Halaweh, M., 2018. Integrating social media and grounded theory in a research methodology: a
possible road map. Business Information Review, 35(4), pp.157-164.
Jeppesen and et. al., 2017. Media action research group: Toward an antiauthoritarian profeminist
media research methodology. Feminist media studies, 17(6), pp.1056-1072
Kshetri, N., 2021. Evolving uses of artificial intelligence in human resource management in
emerging economies in the global South: some preliminary evidence. Management
Research Review.
Pan, Y. and Zhang, L., 2021. Roles of artificial intelligence in construction engineering and
management: A critical review and future trends. Automation in Construction, 122,
p.103517.
Pettey, G., Bracken, C.C. and Pask, E.B., 2017. Communication research methodology: A
strategic approach to applied research. Taylor & Francis.
Politano, P.M., Walton, R.O. and Roberts, D.L., 2017. Introduction to the Process of Research:
Methodology Considerations. Lulu. com.
Rees, G. and Smith, P. eds., 2021. Strategic human resource management: An international
perspective. Sage.
Smith, C.J., Choromides, C., Stewart-Knight, F. and Wright, M., 2021. Operational Impact in a
Transnational, Work-Based Railway Operations Management Programme Through a
Collaborative Approach. In Importing Transnational Education (pp. 193-210). Palgrave
Macmillan, Cham.
Starr‐Glass, D., 2021. Embedding Corporate Sustainability in Human Resource Management
Practice. Sustainable Management for Managers and Engineers, pp.19-51.
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Umbrella, R.A., 2021. Soft Skills in Human Centered Management. Soft skills for human
centered management and global sustainability.
Worthington, D.L. and Bodie, G.D. eds., 2017. The sourcebook of listening research:
Methodology and measures. John Wiley & Sons.
Zangirolami-Raimundo, J., Echeimberg, J.D.O. and Leone, C., 2018. Research methodology
topics: Cross-sectional studies. Journal of Human Growth and Development, 28(3),
pp.356-360.
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APPENDIX I
Screen shots of PPT
Objective
To evaluate about the impact of talent management strategies on the performance and success
level of Tesco.
To Determine about some effective talent strategies that are used by best companies to attract
and retain people
19

Research questions
What is meant by the concept of talent management along with its increasing needs with a firm?
What strategies of managing talent do the best companies use to ensure attraction and retention
of people?” e?
What impact would be led by talent management strategies on the performance and success level
of Tesco?
Quantitative method: In quantitative method there is use of collecting numerical or quantitative
form of information that is represented based on graphs and chart. In this method there is
collection of information by use of questionnaire (Zangirolami-Raimundo, Echeimberg. and
Leone, 2018). It is used to analyse the responses provided by target segment of respondents were
employees working in tesco.
20

Interpretation
The above pie chart is reflecting that the form a total of 40 participants, 37 were having
implication regarding the rising importance of concept of talent management whereas 2 were
unaware about this along with the remaining 1 who tend to have neutral implication
21

The above diagram is reflecting that implication of talent management strategies has become
important for organisation as it enhance the competency of the firm as per the view point of 9
participants whereas 8 supported for the more skilled workforce. Beside this, it has been also
analysed that the 12 participants were having a view point that it has become essential for the
companies to have better implication of talent management strategies as it improved Competitive
strength whereas 11 favoured for Higher retention of talented employees.
22

At last, a summarization has been also made that positive impact would be led by talent
management strategies on the performance and success level of a firm.
Template for evidence collection to be attached with the report by the learner:
Project Logbook for the chosen organisation:
Name of the learner: Name of the Supervisor:
Project Title: Date:
Update of weekly research/ tasks achieved (Account
for a minimum of six weeks with dates)
What have you completed?
Comments
I have completed project on “To evaluate
about the strategies of managing talent that are used
by best companies use to ensure attraction and
retention of people”. A project on Tesco Plc.
23

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?
Yes
Yes
No
Any risks and / or issues identified?
 Did you identify risks/issues with a lack of
skills required for undertaking research
tasks?
 Did you identify any additional risks/issues
that have an impact on the project
management plan?
Related with effective management of time and
resources.
No
Problems encountered
 What barriers did you face?
 How did you overcome them?
Lack of time and other assets
Use of statistical tool like WBS and Gantt chart was
made to overcome
New Ideas and change of project direction Better and having more effective ways of
communication.
24

What Have I learnt about myself this week?
 How did I feel when I had to deal with
tasks/problems?
 Did I find it useful to complete the tasks?
 How well have I performed? What did I
contribute?
 What can I improve on next week?
 How might this learning apply in the future?
Felt frustrated.
Yes
Up to best of my skills
Can improve my communication and team
management
Enhanced knowledge and skills for future
research work.
Tasks planned for next week
 Which tasks are priority?
 Have you set aside sufficient time for
completion?
Procurement of authentic data
yes
Project plan status to date (on, ahead, behind)
Supervisor comments to address
Signature of the Supervisor and date:
25

APPENDIX II
Template for Performance Review to be attached with the report by the
learner:
What was the Project supposed to accomplish?
The project accomplished “To evaluate about the strategies of managing talent that are used by
best companies use to ensure attraction and retention of people”. A project on Tesco Plc.
Did the project succeed in its aims/ how do you know? Specifically, please outline
any evaluation and assessment undertaken.
Yes, my project has been completed on time.
What things do you think worked well and why? Evaluate all aspects of the
project (e.g initial inception, project activities and project outcomes) from a
range of perspectives.
My Communication was seemed to be effective through making use of formal as
well as informal channels. Beside this, Various project management plans as well as
different tools were also used by me from initiation to end of project.
What problems emerged during the project and how were they tackled? Was
there timely identification of issues and resolution during the project process?
Problems associated with the insufficient time and lack of resources were identified
and solved.
What did you learn from undertaking the project?
Better communication as well as effective interpersonal skills are learnt.
How would you rate your performance as a management consultant leading the
project?
9.5 out of 10.
What strengths and weakness of your performance did you identify?
My communication seemed my strength where as my time management is
weakness.
How will this inform and support your continuous professional development?
Support my continuous professional development through providing better growth
opportunity and enhancing my knowledge and skills.
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