Impact of Talent Management Strategy on Company and Cultural Differences

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.