Impact of Talent Management Strategy on Company and Cultural Differences

This assignment explores the impact of talent management strategy on a company, specifically focusing on Rowlinson Knitwear. It discusses the benefits of talent management, analyzes different strategies used by the company, and identifies problems related to talent management. The research aims to understand the importance of talent management and its impact on company performance.

Managing a Successful
Business Project

TOPIC
“To identify the impact of talent management strategy in context of company and how different cultures
affect talent management approaches” A Case Study of Rowlinson Knitwear .
INTRODUCTION
The motive of this assignment is to understand the knowledge and skills required which is
necessary for managing successful business project and through which a structured evaluation and
measurement is done as per the complete the business goal. Project management is a prominent task
which is required self research and proper investigation to accomplish business propose. With the help
of proper planning and monitoring the objective of the project attained on given time period with
specific quality and performance. Talent management is continuous process that deals with attracting
good quality and talented employees in the organization and improving their skills and constantly
motivating them so that employee’s performance will improve. For this project, Rowlinson Knitwear
Company is chosen. Rowlinson Knitwear is a United Kingdom based manufacturing company.
Company manufacturing variety of products such as knitwear, school wear, blazers, sweatshirts and
polo shirts. This company is expert in school wear. This report discusses project aim and objective as
per the company and also analyse the project management plan that cover the entire context related to
the cost, scope, time, quality, communication and risk and resources of the project and also prepare a
work breakdown structure and Gantt chart.
TASK 1
P1 Aims and Objectives
Talent management explained as the methodology in which strategic planning is processing to
get the right talent and also help them to develop their capabilities with the help of training and specific
expertise to achieve organizational objective. Talent management help company and business to
improve performance and always stay competitive and also evolve to innovative productive team. In
Project management, knowledge, tools, resources and skills which are applicable in project activities to
full fill all the requirements and necessity of projects to accomplish project objectives.
Research Aim
“The aim of this research is to examine the importance of talent management and also see its
impact on company”.

Research Objective
• To identify the benefits of talent management within an organization.
• To analysis the impact of various talent management strategies used by Rowlinson Knitwear
Company.
• To find out the problems faced by organization related to talent management.
Research Question
• What is the benefit of the talent management strategies?
• How company analyse the impact of talent management strategies?
• How to find out the problems which faced by the organization related to talent management?
P2 Project Management Plan
Project management plan is consider as a formal and basically approved document that explain
how a project is planed, executed, organized and monitored. It is can be detailed or summary document
which include baselines, management plans and subsidiary. Rowlinson Knitwear is BCorp Company.
Company offering affordable and suitable garments for the corporate wear and school wear. Company
is doing ethical practice to maintain cloth. It’s important for the company to set outlines related to the
scope, objectives, budget and timeline of project deliver ability. . Rowlinson Knitwear produce a
project management plan and company cover all the elements in this plan which are discussed below-
Cost – Project Cost is required to full fill all the needs of products and services and also
consider that project deliver as per the customer’s expectation. Rowlinson Knitwear set project cost 200
pounds in which company set all the required cost such as materials cost, resources and equipments
cost.
Scope –Scope of project is important in project management plan. Scope is a part of planning,
determining and documenting the project goal and also prepare list and set its deliverables schedule.
Rowlinson Knitwear set project scope and also includes the deliverables, costs and deadlines. Company
is set project scope to ensure that project is concerned to execute to the expectations. The scope
provides guidelines to teams for making decision to change the requests during the projects
Time- To complete project on time is really important so that it’s necessary to set a time for the
proper beginning and end of the project. Rowlinson Knitwear Company set 3 months time for this
project. Company produce schools and corporate wears so it is on demand to start and complete project

on time.
Quality – Project quality depend upon the products and services so that it give satisfaction to
the customers. Rowlinson Knitwear Company collects the material from the primary and secondary
sources.
Communication – In project management plan, communication elements is significant in
which company plan that how to communicate with the respondents. Rowlinson Knitwear always
focuses on communication so that company easily consider the customer specific demand. Through
email, phone, online chat and social media company connect to the customer and communicate in both
way orally and written.
Risk – There is a risk involve in business and research is also contain certain risk which
consider security of the personal confidential data, finish task on time and many other things involved.
Rowlinson Knitwear is concerned to manage personal data and certain risk which is create during
project time and take care of security of personal data.
Resource - It is necessary to need some resources for the research. In order to accomplish the
objectives of the project. This research project requires different resources such as employees and
assets of the company and other crucial resources. Rowlinson Knitwear utilizes these resources to
conduct the research project.
TASK 2
P3 Work Breakdown Structure and Gantt Chart
Work Breakdown Structure
Work breakdown structure is responsible for breakdown of project in to small and manageable
components it is also consider as deliverables. This breakdown structure work as a key which helps in
organize work in teams and also manage it. Breakdown work in to small task is necessary to enhance
the productivity this is the best techniques to make work in a proper manner and systematically. Work
breakdown structure is work like a tool which uses this technique to manage project management
documents so that company easily estimate time and track the project completion status. it generally
consider cost, scope and schedule of project plan and set its alignment. There are few steps which help
to make work breakdown structure are Collect critical documents ,Identify team members, Define
deliverable elements, Decompose elements, Create web dictionary and Create Gantt chart schedule etc.
all these steps are necessary to perform best work breakdown schedule.

Gantt chart
Gantt chat is a tool of project management which help in planning, monitoring and scheduling
of projects. This project management tools is basically use to make simplify the difficult and complex
projects. In this chat, project management time schedule and tasks are generally converted in horizontal
chat and demonstrate beginning and end data of the project. it also help is scheduling the project
deadlines so that it make easy to understand that how much time task take to complete in every stage
and who is going to take project task ownership. it keep task on the track. With the help of Gantt Chat
Company easily consider that who will be responsible for the task and how much time task will go to
take and what issues your team will face.

P4 Small-Scale Research
Research is a formal and systematic investigation and inquiry to explain, analyse, predict and
observe the phenomenon. Research involved some methods like inductive and deductive. In this time,
research is commonly used to gain clarity about the specific topic and identify a suitable outcome.
Quantitative research – It is a systematic investigation of specific phenomena by collecting
quantifiable data with use of statistical, computational and mathematical performance and techniques.
In this research, information gather through potential and existing customers with the use of sampling
methods and provide them questionnaires and do online survey for the result.
Qualitative research – In this research, non-numeric data collect and analyse. Data collection
through observation, interviews, opinions, experience. With the help of in-depth study research can
generate new idea and also solve the problem.
Data collection- In research, data collection is collect with the help of two sources. Primary
source of data collection and secondary source of data collection.
Primary data collection – In this data collection method, data collect from primary sources
like survey, questionnaires, interview and feedback.
Secondary data collection -In this data collection method, data collect through secondary
sources like journals, articles, magazines, websites etc.
Sampling – This is one of the most important methods in research. In sampling process
statistical analysis is used. This method is predetermined the number of observations which are taken
from the large population. The sample size of this research is 30.
Questionnaire

QUESTIONNAIRE
Name-
Age-
Gender-
Q1) In your point of view, what is the main benefit of talent management in relation to
company?
a) Retain Top Talent
b) Employee Development
c) Retain key talent
Q2) What the impact of different cultures on the talent management approach of the company?
a) Positive impact
b) Negative impact
Q3) Are talent management strategies helpful in employee’s involvement in organization longer
period of time?
a) Yes
b) No
Q4) What are the different practices of talent management which Rowlinson Knitwear
Company can apply to attract the potential and talented employees?
a) Talent Identification
b) Talent Development
c) Talent acquisition
d) Talent Deployment
Q5) What is the main part of HR function in talent management?
a) Hiring right people
b) Developing strong management policies

c) Designing integrated underlying systems
Q6) What are the various problems are faced by Rowlinson Knitwear Company related to talent
management ?
a) Tightening talent market
b) Increased employee turnover
c) Lack of leadership
Q6) What are various way through which Rowlinson Knitwear Company can make do
improvement in talent management strategies?
a) Consider career development offerings
b) Prioritize results
c) Identify goals
d) Create a healthy work environment
Q9) Give some recommendation to attract large number of employees and gain more
competitive advantages.
TASK 3
P5 Interpretation of findings
Q 1) In your point of view, what is the main
benefit of talent management in relation to
company?
Respondents
a) Retain Top Talent 7
b) Employee Development 17
c) Retain key talent 6

7
17
6
Respondents
a) Retain Top Talent
b) Employee Development
c) Retain key talent
Interpretation
For this research, 30 people give their responses and 17 respondents responded
that Employment development is the main benefits of talent management in relation to
company and it will help to increase the performance of employees and also company.
Q2) What the impact of different cultures on
the talent management approach of the
company?
Respondents
a) Positive impact 21
B) Negative Impact 9

21
9
Respondents
a) Positive impact
B) Negative Impact
Interpretation
In this research project, 21 people responded that talent management strategies give positive
impact in context to the company. Talent management strategies helps to improve employees efficiency
so that employees will remain for the longer period of time.
Q3) Are talent management strategies helpful
in employee’s involvement in organization
longer period of time?
Respondents
A) Yes 24
B) No 6

24
6
Respondents
A) Yes
B) No
Interpretation
In this research project, Out of 30 people, 24 respondents responded that talent management
strategies helpful in employees involvement in organization longer period of time.
Q4) What are the different practices of talent
management which Rowlinson Knitwear
Company can apply to attract the potential and
talented employees?
Respondents
a) Talent Identification 15
b) Talent Development 7
c) Talent acquisition 4
d) Talent Deployment 4

15
7
4
4
Respondents
a) Talent Identification
b) Talent Development
c) Talent acquisition
d) Talent Deployment
Interpretation
In this research, out of 30 respondents over all 15 people responded that Talent
identification is the most suitable practice used by Rowlinson Knitwear company can
apply to attract the potential and talented employees.
Q5) What is the main part of HR function in
talent management?
Respondents
A) Hiring right people 20
B) Developing strong management policies 7
C) Designing integrated underlying systems 3

20
7
3
Respondents
A) Hiring right people
B) Developing strong
management policies
C) Designing integrated
underlying systems
Interpretation
In this research, out of 30 respondents over all 20 people responded that hiring
right is the main part of HR function it help to remain employees in organization for a
long period of time.
Q6) What are the various problems are faced
by Rowlinson Knitwear Company related to
talent management ?
Respondents
a) Tightening talent market 20
b) Increased employee turnover 5
c) Lack of leadership 5

20
5
5
Respondents
a) Tightening talent market
b) Increased employee
turnover
c) Lack of leadership
Interpretation
In this research, out of 30 respondents over all 20 responded that Tightening talent market is
the problem which are faced by the Rowlinson Knitwear company.
Q7) What are the different practices of talent
management which Rowlinson Knitwear
Company can apply to attract the potential and
talented employees?
Explanation
Talent Identification This is a most important and practical techniques
of talent management which used by Rowlinson
Knitwear Company. Talent identification is
necessary. This technique is used when company
hiring new employees in organization. As per the
job role company select candidate and also
consider some talent identification criteria so that
employees remain longer period of time.
Feedbacks from employees This is a successful practice. And through
questionnaire taking feedback from employees.
Most of the employees responded that “talent
identification” is the best practice of talent
management. Company only recruit high talented

and potential employees so that talent
identification in one of the most working practice
of the talent management.
Q8)What are various way through which
Rowlinson Knitwear Company can make do
improvement in talent management strategies?
Explanation
Consider career development offerings Consider career development offering is
the most appropriate way to improve the
talent management strategies. Rowlinson
Knitwear Company used this strategy to
improve and develop talent management in
their employees.
Feedbacks from employees Most of the employees responded that
career development offering is the best
way to increase the talent in employees.
P6 Recommendations
Talent management effective practices playing a crucial role. In this time , it is necessary to use
talent management strategies so that company hire talented employees who will remain longer time.
Rowlinson Knitwear is build a supportive and talented workforce for their organization success. There
are some recommendation of this research which can help the Rowlinson Knitwear company in
developing their talent management strategies and practices
· Communication practice – This is first recommendation in which Rowlinson Knitwear is
recommended that clear communication practice considers in talent management. Talent based on
companies aim, mission, vision and objectives in order to achieve success. Rowlinson Knitwear
company need to clear explain the the concept of talent. Clear communication is necessary it will help
to engage employees which will help to perform work easily.

· Motivational practice – This is a second suggestion for the company. Motivational practices
also necessary and it is recommended by the research. It helps to improve the latent management
practices in Rowlinson Knitwear Company. Motivational practices is mandatory in order to connect
employees and encourage them so that their performance and productivity will increase and it will also
help to enhance the company performance
· Prioritise the outcome – In this third recommendation, which is provided to Rowlinson
Knitwear company is that company needs to improve their talent management practices and also
improve process so that company priorities the outcome by concentrating on the results and
performance of workforce. It’s important that management provide proper feedback to the employees
in context of their performance. The main concern of the management is employees performance
instead of process which used by the employees to perform task. This will help to improve the
efficiency of employees.
TASK 4
P7 Reflection
I have conducted research through which I have gain some knowledge about talent
management. On the basis of some context Rowlinson Knitwear is using various kind of strategies to
keep the workforce connected within the business and work with full of energy and efficiencies which
supporting company in a positive way. I also have good understanding about the many aspects of talent
management and its phenomenon in relation to proper development and finish various tasks within
organization in appropriate way. In this report, I have used work breakdown system and Gantt chart to
divide the project in small groups so there is less chance to do mistakes. Questionnaires is most useful
tool to collect data for research which helps to solve many issues. Hence, as a data collection tools I
have used question year for this research so that it interpret the result data which supporting the
arguments in this research. In this research, I utilized my academic skills and knowledge which helps
me to analyse the effective outcome and support me to develop a good conclusion. I need to work on
my technical skills so that it will help me in further research work and future project so that I can
develop more effective outcomes.
CONCLUSION
As per this research report, it is concluded that talent management is necessary techniques and
important for each and every organization to use this technique. It is helpful to improve the

performance of employees and also provide significant level of result to accomplish organizational
objectives. With the help of talent management practices, organization easily and effectively manage
every individual activities. Talent management practices and strategies helps to attract high talented
employees so that employees retain for the long time period. Talent management provide continuously
and ongoing development to their employees so that can improve and learn new skills. Talent
management give more competitive advantages to the company.

REFERENCES
Books and Journals
Chofreh, A.G. And et.al., 2016. A master plan for the implementation of sustainable enterprise
resource planning systems (part I): concept and methodology. Journal of Cleaner
Production. 136. pp.176-182.
Cicala, G., 2020. Developing a Work Breakdown Structure. In The Project Managers Guide to
Microsoft Project 2019 (pp. 119-148). Apress, Berkeley, CA.
Cook, D.A. and Artino Jr, A.R., 2016. Motivation to learn: an overview of contemporary
theories. Medical education. 50(10). pp.997-1014.
Demirkesen, S. and Ozorhon, B., 2017. Measuring project management performance: Case of
construction industry. Engineering Management Journal. 29(4). pp.258-277.
Eyisi, D., 2016. The Usefulness of Qualitative and Quantitative Approaches and Methods in
Researching Problem-Solving Ability in Science Education Curriculum. Journal of Education
and Practice. 7(15). pp.91-100.
Jones, R.J., Woods, S.A. and Guillaume, Y.R., 2016. The effectiveness of workplace coaching: A meta‐
analysis of learning and performance outcomes from coaching. Journal of Occupational and
Organizational Psychology .89(2). pp.249-277.
Kamilaris, A., Kartakoullis, A. and Prenafeta-Boldú, F.X., 2017. A review on the practice of big data
analysis in agriculture. Computers and Electronics in Agriculture. 143. pp.23-37.
Khaldi, K., 2017. Quantitative, Qualitative or Mixed Research: Which Research Paradigm to
Use?. Journal of Educational and Social Research. 7(2). p.15.
Lam, P.T. and Law, A.O., 2016. Crowdfunding for renewable and sustainable energy projects: An
exploratory case study approach. Renewable and Sustainable Energy Reviews. 60. pp.11-20.
Pieters, R., 2017. Meaningful mediation analysis: Plausible causal inference and informative
communication. Journal of Consumer Research. 44(3). pp.692-716.
Schünemann, H.J. And et.al., 2019. Interpreting results and drawing conclusions. Cochrane handbook
for systematic reviews of interventions, pp.403-431.
Sutrisna, M., Ramanayaka, C.D. and Goulding, J.S., 2018. Developing work breakdown structure
matrix for managing offsite construction projects. Architectural engineering and design
management. 14(5). pp.381-397.
Varajão, J., 2016. Success Management as a PM knowledge area–work-in-progress. Procedia
Computer Science.100. pp.1095-1102.
Woods, M. and et.al.,2016. Advancing qualitative research using qualitative data analysis software
(QDAS)? Reviewing potential versus practice in published studies using ATLAS. ti and
NVivo, 1994–2013. Social Science Computer Review .34(5). pp.597-617.
Yates, J. and Leggett, T., 2016. Qualitative research: An introduction. Radiologic technology. 88(2).
pp.225-231.