Talent management in an organisation

This report focuses on the concept of talent management in an organisation, with a case study on TESCO. It discusses the aims and objectives of the research, project management plan, WBS and Gantt chart. It also covers small-scale research using primary and secondary methods, data interpretation, and recommendations for future growth.

Unit 6: Managing a Successful
Business Project

Table of Contents
INTRODUCTION...........................................................................................................................1
LO1..................................................................................................................................................1
P1 Aim and objectives................................................................................................................1
P2 Project Management Plan......................................................................................................2
P3 WBS and Gantt chart ...........................................................................................................3
LO2..................................................................................................................................................5
P4 Carry out small-scale research applying primary and secondary methods appropriate for
meeting project aims and objectives...........................................................................................5
LO3..................................................................................................................................................8
P5 Data Interpretation.................................................................................................................8
P6 Recommendations ...............................................................................................................12
LO4................................................................................................................................................13
P7 Reflection ............................................................................................................................13
CONCLUSION .............................................................................................................................15

Title: Talent management in an organisation.
INTRODUCTION
Talent management is termed as a methodical organized process through which
organisation can strategically hire, recruit or retain right talent. Main aim of this to ensure more
growth and better opportunities (Anlesinya and Amponsah-Tawiah, 2020). Talent management is
an essential process through which organisation can retain top talent while improving employee
experience.
Present report has been conducted on TESCO, which is operating its business services in
retailing sector. In this report formative discussions has been made upon the concept of talent
management for which aims and objectives has been underlined. Along with this report also
include project management plan, reflection and recommendations for future growth and
development.
LO1
P1 Aim and objectives
Research Aim:
“To study the role of talent management in success of an organisation”. A case study on
TESCO.
Research Objectives:
 To study the concept of talent management.
 To examine various challenges that organisation face in talent management. To determine the various strategies that could be adopt by TESCO for talent
management.
Research Questions:
 What you mean by the concept of talent management at workplace?
 What are that challenges that organisation face in talent management? What are the various strategies that could be adopt by TESCO for talent management?
Literature Review
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Concept of talent management at workplace
As per the view point of Bonneton, Festing and Muratbekova‐Touron, 2020 talent
management is defined as a constant procedure that mainly includes attracting and retaining
highly talented, skilled and potential employees. For this management engages in the process of
offering continuous motivation to employees in order to maximise their overall level of
performance (Talent Management. 2020). Employees acts as the most important asset of an
organisation thus with the help of talent management process business can improve its
performance, allow entity to stay competitive, drive innovation, develop more productive teams
and more.
Challenges that organisation face in talent management
As per the view point of Leggat, Liang and Howard, 2020, an organisation can face
number of challenges while executing the process of talent management. It has been evaluated
that major challenge that can entity can face is related to creation of a culture of engagement. In
this company can somehow face challenge to build trust among senior management and
employees. Entity can face challenge related to building a culture of engagement through which
entity can retail experienced and skilled employees for long period of time. In addition to this,
entity can also face challenge related to offering proper training and development to employees.
Various strategies that could be adopt by TESCO for talent management
In order to assure more growth, development and long term sustainability it is essential
for an organisation to manage talent in an organisation. For this it is essential for company to
treat employees with more effectiveness (Mohammed and Gururajan, 2020). It has been
evaluated that there are number of strategies that can be undertaken by TESCO in order to
manage talent in organisation. Proper training and development courses in most important way
especially in this digital age through which skill and efficiency of employees can be increased in
both personal and professional manner. Along with this by undertaking advantage of
compensation programmes employees can be satisfied.
P2 Project Management Plan
Project management plan is defined as a formal document in which a detailed outline of
activities are being included such as project objectives, aim, deliverables, goals, timeline and
budget through which project can be done with having a proper track. Project management plan
include certain elements that are being defined below:
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Cost :-
It involves estimated amount that are going to be use in the completion of all the
underlined activities of project. For present project approximately £60,000 is required.
Scope :-
This factor is inclusive of various elements that are project functions, deliverables,
ultimate costs, deadlined and tasks. It has been evaluated that present project is being conducted
on talent management which is having wide scope for company growth.
Quality :-
It is one of the most important aspect through which project manager can ensure
accomplishment of project with higher standards (Krishnan, Razak and Ahmed, 2020). In order
to fulfil present project objectives with higher quality necessary information will be provided to
stakeholders in order to maintain transparency.
Communication :-
This factor include completion of project goals and objectives in an effective manner.
With having proper communication unnecessary issues can be removed. In order to conduct
present research researcher will undertake use of telephone, email, social media and more.
Risk:
This factor is important to be effectively consider by researcher as risk can affect
accomplishment of project objectives in number of ways. In order to conduct present research in
effective manner research is required to evaluated risks related to allocation of information from
authenticated sources, smooth availability of funds and more.
P3 WBS and Gantt chart
Work Break down structure:
It mainly defined as a hierarchical tree structure that basically determined the project
break in to manageable or smaller parts (Ronnie and Glaister, 2020). With the help of WBS
researcher or organisation can organize their work and can further undertake identification of
potential scope of risks through which project can be done in more effective manner.
3

Gantt chart:
It is one of the most important way to underline all the activities that are required to be
conduct in a project against time (Sheikh, Christina and Sharina, 2020). By taking advantage of
Gantt chart researcher can avoid resource overload and can further measure project progress in
an effective manner. With the help of this graphical tool understanding and interpretation of
project can be done in efficient way.
4

LO2
P4 Carry out small-scale research applying primary and secondary methods appropriate for
meeting project aims and objectives
Primary research-
It is a methodology in which researcher collect data and informations to conduct research
directly. In this informations get collected from fresh sources from observations, interviews
online surveys and more (Lotfi, Hasani and Esfahani, 2020). It has been evaluated that, in this
data collection method there is more involvement of time and cost.
Secondary research-
In this data collection method data and informations get allocated from already existing
sources. Furthermore, it has been underlined that in order to fulfil research objectives researcher
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take use of published reports, internet, journals, articles and more. In this data collection method
there is less time and cost involved.
In order to fulfil present research objectives researcher will undertake advantage of both
primary and secondary data collection methods. Main aim behind this is to increase effectiveness
of research outcomes.
Quantitative research-
This form of research methodology mainly include data which is depicted in statistical or
numerical terms. In this there are various methods being involved that can be undertaken by
researcher namely interviews, observations or surveys.
Qualitative research-
This research analysis mainly include analysis and collection of data presented in non-
numerical form (Cross Walker, 2020). Main aim behind this is to have proper understanding of
experiences, concepts or opinions. With the help of this in-depth insights can be gain. Qualitative
research include methods such as open ended questions, literature review and more.
It has been evaluated that in order to accomplish present research objectives, researcher
will undertake use of qualitative method. Main purpose behind this is to determined preferences
as well as attitude of consumers.
Questionnaire :
It is mainly termed as a written set of questions along with some certain choice of
answers. Main purpose behind devising this to conduct a study or survey. It has been evaluated
that with the help of questionnaire researcher can effectively determine understanding of
viewpoints and perceptions of individuals (Clarke and Scurry, 2020). In order to conduct present
research with 30 respondents has been duly undertaken by researcher.
Questionnaire
Q1) Are you aware with the concept of talent-management in
organisational premises?
Frequency
a) Yes 20
b) No 10
Q2) As per your opinion does talent management practices aid an Frequency
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organisation to accomplish goals and objectives?
a) Agree 25
b) Disagree 5
Q3) Are you aware of the importance of talent-management in
organisational workplace?
Frequency
a) Yes 15
b) No 15
Q4) What are the benefits of talent management? Frequency
a) Employee Development 10
b) Improved Employee Experience 10
c) Increase Employee and Manager Engagement 10
Q5) As per your view can the organisational productivity be maximised
with the help of talent management?
Frequency
a) Yes 20
b) No 10
Q6) Underline the challenges that can be face by TESCO management in
promoting talent management practices?
Frequency
a) Performance assessment 18
b) Compensation 6
c) Training and Development 6
7

LO3
P5 Data Interpretation
Theme 1: Concept of talent-management in organisational premises
Q1) Are you aware with the concept of talent-management in
organisational premises?
Frequency
a) Yes 20
b) No 10
Interpretation:
Talent management is an essential process in which attracting and retaining of high
quality employees is being done by making development in their skills and knowledge on
continuous basis. Main aim behind this is to significantly improve employees performance in
order to assure higher profitability and growth. According to the above mentioned graph it has
been determined that 20 out of 30 respondents agrees with the fact that they are aware with the
talent management concept as they believes that with the help of talent management organisation
can increase performance and productivity of both employees and company. While on the other
hand, remaining 10 respondents out of 30 did not have any awareness of talent management
concept.
Theme 2: Does talent management practices aid an organisation to accomplish goals
and objectives
Q2) As per your opinion does talent management practices aid an
organisation to accomplish goals and objectives?
Frequency
a) Agree 25
b) Disagree 5
Interpretation:
Talent management practices is an effective practice that aid an organisation in number
of ways. It has been evaluated that by promoting talent management practice entity can increase
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performance of its works in an effective manner through which organisation can assure long term
sustainability as well as growth. According to the evaluation of above mentioned graph it has
been determined that 25 out of 30 responsibility are agree with the fact that they are agree with
the fact that with the help of talent management organisation can effectively fulfil underlined
goals as well as objectives in an effective manner. While remaining 5 respondents disagree with
this fact and believes that organisation need other practice in order to accomplish objectives and
goals with more effectiveness.
Theme 3: Importance of talent-management in organisational workplace
Q3) Are you aware of the importance of talent-management in
organisational workplace?
Frequency
a) Yes 15
b) No 15
Interpretation:
Talent management offers number of benefits to an organisation through which they can
assure higher productivity and long term sustainability in marketplace. It has been evaluated that
talent management is playing most important role in an organisation that allows entity to have
access of wide range of growth opportunities. According to the graph it has been evaluated that
15 out of 30 respondents are fully aware with the importance of talent management within
organisational workplace structure. As they believes that talent management increases
performance and productivity of employees through which organisation can assure long term
growth. While on the other hand, remaining 15 respondents said that they did not have any
understanding of the importance of talent management within company workplace structure.
9

Theme 4: Benefits of talent management
Q4) What are the benefits of talent management? Frequency
a) Employee Development 10
b) Improved Employee Experience 10
c) Increase Employee and Manager Engagement 10
Interpretation:
Talent management is an important process for an organisation growth and long term
sustainability. With the help of this process entity can increase its overall profitability and
productivity in an effective manner. As per the evaluation it has been determined that talent
management offer number of benefits to an organisation, according to the graph it has been
evaluated that 10 out of 30 employees are in the favour of the fact that talent management
facilitate employee development in an organisation through which overall productivity can be
increased. Along with this, other 10 respondents out of 30 states that talent management aid an
organisation with improved employee experience through which employees can perform their
roles and responsibilities with more effectiveness. At last, remaining 10 respondents said that
with the help of talent management company can measure increase in employee and manager
engagement through which entity can assure less employee turnover.
Theme 5: Can the organisational productivity be maximised with the help of talent
management
Q5) As per your view can the organisational productivity be maximised
with the help of talent management?
Frequency
a) Yes 20
b) No 10
10

Interpretation:
Talent management practices helps an organisation to increase its overall profitability as
it is an effective technique through which entity can maximise performance of their employees
and can further lead them towards accomplishment of organisational goals with more
effectiveness. According to the above mentioned graph it has been evaluated that 20 out of 30
respondents said that an organisation can increase its productivity with the assistance of talent
management. As by managing talent entity can increase overall productivity and performance
level of employees through which organisational goals and objectives can be accomplished in an
effective manner. These respondents also believes that job satisfaction and morale among
employees can also be increased with the help of talent management. While on the other hand, it
has been determined that remaining 10 respondents out of 30 states that in order to increase
productivity of organisation there is requirement of many other factors.
Theme 6: Challenges that can be face by TESCO management in promoting talent
management practices
Q6) Underline the challenges that can be face by TESCO management in
promoting talent management practices?
Frequency
a) Performance assessment 18
b) Compensation 6
c) Training and Development 6
Interpretation:
In order to implement talent management practices within organisational workplace
structure organisation might goes through certain number of challenges that can negatively affect
their growth development. According to the above mentioned analysis it has been determined
that 18 out of 30 respondents said the performance assessment can act as a major challenge that
can affect goals and objectives of company and further restrict them to promote practice of talent
management within organisational workplace structure. While on the other hand, other 6
respondents said that compensation can acts as a key challenge that can affect TESCO manage to
effectively promote talent management practices within organisation. Lastly, remaining 6
respondents out of 30 underline that training and development is the primary challenge that
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company management can face while implementing practices of talent management within
organisational workplace premises in an effective manner.
P6 Recommendations
Talent management acts as a most important form of business strategy that will help can
organisation to retain exceptional employees. For effective talent management, every aspect of
recruiting, hiring, and developing employees is affected positively. The goal of talent
management is a superior workforce (Johara, Yahya and Zainal, 2020). Furthermore, it has been
evaluated that talent management is an organization-wide, all-inclusive strategy for hiring,
training, and retaining top-performing employees. In today’s competitive world, having a talent
management system in place is indispensable. TESCO can effectively promote practice of talent
management in their organisation workplace structure with the help of considering various
aspects. It will help entity to ensure more growth and long term sustainability through which
company can assure more competitive advancements as compared to other rivals. Mentioned
below there are some certain form of practices by considering which organisation can effectively
embrace talent management in an effective manner:
Conduct regular employee reviews to keep employee performance on the track:
It is essential for an organisation to conduct the process of regular employee reviews as
with the help of this they can effectively undertake regular track on the performance of
employees (Mishra and Mohanty, 2020). With the help of this, TESCO management can
undertake advantage of the opportunity in which they can share feedbacks through which issues
can also be resolved.
Provide ongoing feedback to maximise performance:
By offering regular feedback performance and effectiveness of employees can be
increased in an effective manner. With the help of regular feedback employees can undertake
corrective actions in time effective manner if there performance get off track. With the help of
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taking advantage of ongoing feedback TESCO can assure performance appraisal faster through
which more successful outcomes can be assured.
Invest in performance-based development:
In this practice TESCO is required to fill skill gap in the skills and competencies of
employees, for this large entities like TESCO is required to develop The learning and
development department in order to effectively offer training to employees in order to increase
their competencies and skill (Clarke and Scurry, 2020). It will allow company to increase overall
performance level and productivity of employees at great extent.
Identify and reward high performing employees:
It is essential for an organisation to ensure long term sustainability and goodwill in
marketplace, for this employees acts as an important source through which entity can ensure long
term growth. In terms with TESCO, company by satisfying their well-performing employees and
workers who are having high potential can increase their commitment and competence towards
organisation. It will aid entity to retain highly skilled and talented employees for long period of
time.
According to the above mentioned analysis it has been evaluated that with the of taking
advantage of all the above mentioned recommended measures TESCO management can
effectively facilitate practices of talent management. This will further allow them to ensure high
growth, development and profitability in market.
LO4
P7 Reflection
Present research report has been made on the theme of “ talent management”. While
undertaking this research analysis I have been gone through number of positive as well as
negative feelings. It has been evaluated by me that during the initial stage of research it is
essential for me to acquire authenticated information and data in order to conduct research with
more effectiveness. During this phase I face difficulties to collect information and data from
various sources. It has been underlined by me that during collection of information I undertake
comparatively more time than it is required this further affects overall research outcomes. In
addition to this, there were also some other obstacles that has been faced by me in order to
accomplish objectives of this research. This research goes through with various stages which is
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required for me to undertake in effective manner in order to assure successful end outcomes. In
order to conduct research on talent management with great effectiveness I engaged in the process
of data collection for this I evaluated different sources such as internet, articles, books, journals
and more. In order to conduct this process with more effectiveness I invest more amount of time.
Furthermore, I effectively engaged in the process of sorting the articles in order to effectively
identify most recent and authenticated data and information, main behind this is to ensure that
present get accomplished with great authenticity. In addition to this it has been evaluated by me
that I also faced difficulties in accessing view point and perceptions of respondents that also
undertaken by lot of time. Due to all these obstacles sometime I felt as demotivated that affects
smooth operations of research activities.
However, despite of all these obstacles this research of talent management offered me
various opportunities for growth and development. By conducting this research I have acquired
different skills such as critical thinking, data collection and more through which I enhanced my
capabilities to conduct research in future with great effectiveness as well as efficiency. In
addition to this, I also acquired knowledge related to accomplishment of research objectives with
more efficient information and data. Present research facilitate me towards gathering
authenticated research by making application if critical thinking process. Furthermore, it has
been evaluated by me that present research enhanced my efficiency related to cover my skill
gaps such as communication skill, time management skill, data collection skill and more. Thus,
according to the above mentioned performance review analysis it has been evaluated that present
report is supposed to accomplish the importance of talent management for an organisation. This
project succeed in its aims in an effective manner as it covers all the essential aspects through
which proper understanding of this topic is acquired. All the activities of project went well in an
effective manner such as framing of project objectives, data interpretation, project outcomes and
more. This project allows me to identify me strength as well as weaknesses such as time
management, communication skill, data collection and more that has been developed by me
during this research in an effective manner. Thus, it has been underlined that this project
effectively facilitate me towards ensuring my continuous professional development in a well
define and effective manner.
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CONCLUSION
As per the above mentioned report it has been concluded that talent management is an
important practice through which an organisation can effectively manage performance and
productivity of its employees. With the help of talent management practices entity can assure
higher growth and development of workers. Furthermore, it has been underlined that talent
management proves to be an effective measure that allows organisation to retain talented as well
as skilled employees for long period of time. It is essential for an any organisation irrespective of
its size and scope to satisfy employees in order to maximize their performance level towards
effective accomplishment of organisational goals and objectives. In addition to this, by
undertaking practices of different types of measures entity can implement talent management
practices within company workplace structure. It has been evaluated that in order to manage all
the activities of research researcher can undertake advantage of work break down structure and
Gantt chart. With the assistance of this researcher can ensure effective accomplishment of
organisational goals as well as objectives in a well define and effective manner.
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REFERENCES
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