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Managing Successful Business Project

   

Added on  2022-12-09

27 Pages5969 Words469 Views
Leadership ManagementData Science and Big Data
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Managing Successful
Business Project
Managing Successful Business Project_1

Table of Contents
Introduction................................................................................................................................3
Aim:........................................................................................................................................3
Research Objective:...............................................................................................................3
Research Questions:...............................................................................................................3
Project management plan...........................................................................................................4
Literature Review.......................................................................................................................5
Work break down Structure and Gantt chart..............................................................................7
Work break down structure....................................................................................................7
Gantt chart.............................................................................................................................7
Research Methodologies............................................................................................................8
Research Findings and Data Analysis........................................................................................9
Recommendation and conclusion............................................................................................19
Reflection.................................................................................................................................20
References................................................................................................................................22
Appendix..................................................................................................................................24
Questionnaire.......................................................................................................................24
Project Logbook...................................................................................................................25
Managing Successful Business Project_2

Introduction
In order to achieve different business and organisation to recognise and develop themselves
in society, one of the most important thing that are needed is talent management. As talent
management will make a positive impact on their organisation and make sure to increase
productivity. This is the basic tool which are needed to be organised and work as per their
basic inventories which are helpful for the growth and management of the company. As with
the help of talent management companies are able to make and work with fruitful employees
for the long period of time (Szota, 2018). To complete this research the chosen organisation
is FMC Logistic Transport Company. This company was incorporated on 2010, as it is the
bespoke logistic company. Its operational office are established in Rainham, United
Kingdom. Their main aim is to arrange the storage facilities, clearance, express delivery,
OOG and different project works. Within the 10 years company are able to make effective
loyal customer and try to cover and use franchises of different industries. This research report
include the aim, objective, project management plan, research analysis and having the
possible outcome which are include an effective reflection.
Aim:
“To conduct a small scale research and know about the talent management strategies which
can be implement in an organisation to attract and retain people. A case study on FMC
Logistic Company.”
Research Objective:
To determine the role and importance of talent management in the companies.
To identified basic strategies which use for implementing talent management within
their organisation to attract and retain the employees for long run.
Challenges face by the SME’s to retain and attract more talented employees in their
organisation.
Research Questions:
What are the importance of talent management within the chosen organisation?
Which strategies are used by the company to attract and retain the talented people for
long run prospective?
What are the challenges face by other SME’s to make effective talent management
strategy in their organisation.
Managing Successful Business Project_3

Project management plan
Project topic: “To conduct a small scale research and know about the talent management
strategies which can be implement in an organisation to attract and retain people. A case
study on FMC Logistic Company.” This is the topic which actually help the company to
analysis and make a connection with the employees to retain them for long period of time.
Project aims: In order to complete to aim of the project is for providing different
techniques which are helpful for the FMC logistic company to work effectively and retain
the staff within their organisation for long period of time (Wiblen and McDonnell, 2018).
Further it would be helpful for working and managing systemic growth and make high
competition within the society to work and manage.
Deliverables: This is the section, which include the deliverable items that must be needed
for logistic company to work hard and make effective talent management strategies to
implement within the industry of UK market. This will help the company to attract more
and more customer and employee by providing deliverable services.
Communication: This is the technique which are helpful for completing this project as it
has been related to growth of project by communicating effectively. The success of the
company are basically related to effective and valuable customer and try to make basic
criteria for managing communication process (Martin and Milway, 2018). This will be
helpful to make different strategies which attract more and more employees and make sure
to work as the management process.
Resources: Here, most of the resources are used which are helpful for completing research
and make sure to attain all the possible objective within the organisation. The used
resources for completing this research is basically related to online data, primary source of
questionnaire and different challenges which are helpful for growing and managing
different sources in the time period.
Quality: It is the best quality which are helpful for providing different type of service and
make a successful report to analysis and make some systematic approach to work and
manage the data in an organised way (Rathee and Rajain, 2019). This is the best way to
attract the employees and make sure to work in the best possible manner.
Time: The time frame is related to different standard and growth for completing project,
for completing this project and make effective strategies for the company is essential to
work and manage the resources within 3 Months. This will include the possible outcome
and milestone project to recover and analysis the standard for understanding the nature of
Managing Successful Business Project_4

society.
Risk: This is the factor which are related to make some other risk factor that would be
related to basic analysis and make market declining ratio in the company (Tansley,
Hafermalz, and Dery, 2016). All of the other are basically related to make effective
analysis and make sure to reduce the risk for some other factors. Some of the major issues
and hurdle are basically related to work and make talent management facilities to work and
stable the best approaches within their organisation.
Literature Review
To determine the role and importance of talent management in the companies
As per the view point of Momtazian, (2020); it is the commitment for the growth of the
organisation and work culture for the employee of the company. This is one of the essential
setup which are highly related to different sector and growth to retain and work as per the
talent management profession within the organisation (Tian, 2017). It can be said to the talent
management is useful and effective for the growth of the company and it will be related to
commitment, hiring and retain talented of the employees. With the help of role of importance
and make talent management in different companies (What is Talent Management and Why is
It Important, 2020). It will be affect the employee’s retention programme, attract the staff,
motivate them and work as per the increasing motivation and manage the employees in the
growth of organisation.
There are different role of the HR of the organisation to work and manage their
employee in the right manner which are related to the growth and objective of the company.
Further with the help of talent Management Company are able to work and solve their
competitive environment which may be affected and work as per the basic criteria (Noe and
et.al., 2017). It will be related to manage the growth of effective organisational growth and
usually higher and make dealing with fewer people and work rapidly.
To identified basic strategies which use for implementing talent management within their
organisation to attract and retain the employees for long run
As per the starkman, (2021); there are different organisation which are highly related
to different source for developing different team and work for the growth of employee to
make different task to deal with the conversation to work to increase productivity and make
important and make retention for crucial factor and which are related to make great talent
Managing Successful Business Project_5

people (Krause, 2016). There are different ways to make and create basic strategy which are
helpful for the company to work and sustain their growth in management of the other SME’s
and attract more employees to retain and attract the employees (4 strategies for attracting and
retaining top talent, 2021).
For this company needed a specified and effective recruitment plan which are helpful
for them to work and manage the activities in an organised way. Another way is considering
the brand as the part of recruitment which are helpful for attracting more employee within the
team (McNulty and Kaveri, 2018). Third one is promoting and valuing different ways and
promotion to manage the diverse workforce which are helpful for managing and considering
different sector and growth in marketing platform.
Challenges face by the SME’s to retain and attract more talented employees in their
organisation
According to the shrivastava, (2021); it has been considered that many of the
companies are able to work and manage with the need of talent management. Further most of
the SME’s are facing major challenges that can be related to different sources and growth of
the company. One of the major challenge to recruit and retain the employee in an organised
way is to promote and develop the talent management is they are not able to get the right way
to promote their brand (Guðmundsdóttir and Helgudóttir, 2018). Further they have not such
brand which are able to solve and make their brand effective in the term of management.
Insufficient data and management process are the next challenge which are face by the
company two work and manage the source in the company. All of these are highly related to
the growth of company which are suitable and change for the need of the company in the
market (Challenges for HR in SMEs). The trend and need of the talented people in an
organisation are change and their need are described in the different manner.
With the help of this research the chosen transport company are able to make the data
and make some specified changes in their management to recruit and retain the talented staff
which are helpful for their own growth in market.
Managing Successful Business Project_6

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