Talent Management Strategies for Creating and Sustaining Skilled Workforce - A Case Study on Waitrose

This presentation focuses on talent management strategies used by Waitrose to create and sustain a skilled workforce. It explores the definition of talent management, research aims and objectives, and the impact of talent management on employee performance. The presentation also includes a Gantt chart, work breakdown structure, questionnaire, data analysis, evaluation of research tools, reliability and accuracy, sampling, justification of recommendations, and conclusion. The case study is based on Waitrose, a British retail firm headquartered in Bracknell, United Kingdom.

Unit 6: Managing a Successful
Business
Project

 INTRODUCTION
 Table of Contents
 Introduction
 Overview of the company
 Definition of talent management
 Research aims and Objectives
 Gantt chart
Table of Contents

 WBS
 Questionnaire
 Data analysis
 Evaluation of research tools
 Reliability and accuracy
 Sampling
 Justification of Recommendations
 CONCLUSION
 REFRENCES
Table of Contents

Talent management is an essential HR practice which helps business firms
create skilled workforce which aims to work with dedication for the
company for long time period. The dependence of business firms on labour
to gain competitive advantage has increased the importance of business
firms has increased the importance of talent management strategy as it not
helps the company provide consumer satisfaction but also plays an
important role in securing leading industry position for the business firms.
INTRODUCTION

 The enterprise selected for the present
research is the British retail firm
Waitrose.
 Waitrose was founded in the year 1904
and is currently headquartered in
Bracknell, United Kingdom.
 The company is the eighth largest
retailer in the UK with 5.1 % share of
thee grocery market.
Overview of the company

Talent management is defined as the
systemized and deliberate attests of
business firms to attract, engage,
develop and retain skilled employees in
the company for a long period of time.
The main purpose of talent management
focuses on identification and recruitment
of highly skilled employees at every
position of the company to drive success
of the firm.
Definition of talent management

Research aim:
To identify the best talent management strategies used for creation and
sustainment of skilled workforce. A case study on waitrose.
Research Objectives:
 To understand the fundamentals of talented management
 To analyse the impact of talent management on employee performance
Research aim and Objectives

Gantt Chart

WBS
This project management tool utilizes the idea of activity creation by
splitting work in making the project more manageable and approachable.
The use of a work breakdown structure supports in the combination of the
project 's budget scope, timeline, and benchmark, ensuring that the project
management plan are synchronized.

Questionnaire
 Questionnaire
Name
Age
Gender
Q1) Do you believe that talent management plays a crucial role in the
progress of a company?
a) Yes
b) No

Continue
Q2) What in your opinion is the primary advantage of employing talent
management practises?
a) Retaining Key Personnel
b) Employee Development
c) Boost employee engagement
d) Expand Employee Experience

Continue
 Q3) Do you believe that talent management practises may encourage employee
to continue recruitment with a business firm for extended time period?
 a) Yes
 b) No
 Q4) Out of the talent management applications provided below which will
provide Waitrose effective results in drawing and sustaining employees?
 a) Identification of talent
 b) Acquisition of talent
 c) Classification of talent
 d) Development of talent

Continue
Q5) Which are the most beneficial talent management methods that might
support in the overall growth of employees?
a) Establish evident prospects
b) Conduct regular performance evaluation
c) Career progression prospects
d) Talent enhancement analytics

Primary Data analysis
Q1) Do you believe
that talent
management plays a
crucial role in the
progress of a
company?
Frequency
a) Yes 23
b) No 7

Continue
Q2) What in your opinion is the
primary advantage of employing talent
management practises?
Frequency
a) Retaining Key Personnel 11
b) Employee Development 8
c) Boost employee engagement 6
d) Expand Employee Experience 5

Continue
Q3) Do you believe that
talent management
practises may
encourage employee to
continue recruitment
with a business firm for
extended time period?
Frequency
a) Yes 25
b) No 5

Continue
Q4) Out of the talent
management applications
provided below which will
provide Waitrose effective
results in drawing and
sustaining employees?
Frequency
a) Identification of talent 9
b) Acquisition of talent 8
c) Classification of talent 11
d) Development of talent 2

 Research Approach: The research approach
selected for this investigation is deductive research
approach. The drawbacks and benefits of this
research approach are provided below:
 Benefits: The primary benefit of this research
approach is that it enables generalisation of the
research data which is beneficial for attaining the
main aim of the research to identify the most
effective talent management strategies.
Evaluation of research tools

 Research philosophy: The research
philosophy selected for the present
investigation is the positivist research
philosophy. The benefits and drawbacks
for this research philosophy are provided
below:
 Benefits: The positivist research approach
helps in identification of trends and
patterns so that reliable conclusions are
drawn.
Continue

 The present research is completed with
the help of questionnaire. In order to
increase the reliability of the
questionnaire, different kinds of
questions were incinerated in the
questionnaire which ensured tat he
respondents provide their own point of
view. In addition to this, permission
from the origination is gained in order to
collect primary data.
Reliability and accuracy

The sampling size for the present
research is of 30 respondents. This
includes employees various employees of
Waitrose. This includes employees at the
position of sales assistant, supermarket
assistant, consumer delivery driver,
warehouse assistant, compliance partner,
administration assistant, transport operator,
night replenishment assistant, consumer
service team leader and duty manager.
Sampling

 The present research utilises both primary and secondary data
collection. This is because while primary data provides first-hand
information secondary data is helpful in utilising existing
information on the topic to inform the research.
Continue

 Waitrose has used a number of talent
management initiatives in order to recruit
and engage highly qualified individuals.
The firm has to improve in a number of
areas, and the following suggestions are
mentioned below:
 Waitrose must build a worldwide
employee growth strategy that fulfils the
expectations of employees across every
location where the firm functions .This
will assist the organisation retain talented
personnel since they will see chances for
progress if they stay with the firm for a
long period of time.
Justification of recommendation

From the above presentation it is concluded that business firms are
able to create an effective and skilled workforce with the help of talent
management. Successful business firms utilise various talent
management practices such as employee engagement, performance
appraisals and creation of expectations about the current skills and
future expectations of the employees.
Conclusion

 Ghaffari, H., Rafiei, M. and Sahranavard, S., 2018. Factors
Affecting Talent Management with a Focus on Internal Reward: A
Case Study of Barfab Company. The Journal of Productivity
Management, 12(1 (44)), pp.97-121.
 Gong, B., Ramkissoon, A., Greenwood, R.A. and Hoyte, D.S., 2018.
The Generation for Change: Millennials, Their Career Orientation,
and Role Innovation 1. Journal of managerial issues, 30(1), pp.82-6.
 Graham, B.Z. and Cascio, W.F., 2018. The employer-branding
journey. Management Research: Journal of the Iberoamerican
Academy of Management.
References

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