What talent strategies do the best companies use to attract and retain people

Managing a Successful
Business Project

Table of Contents
Title..................................................................................................................................................1
INTRODUCTION...........................................................................................................................1
MAIN BODY...................................................................................................................................1
TASK 1............................................................................................................................................1
P1) Project aims and objectives..................................................................................................1
P2) A project management plan..................................................................................................3
P3) Produce work breakdown structure and Gantt chart............................................................4
TASK 2............................................................................................................................................7
P4) Small-scale research to meet project aim and objectives.....................................................7
TASK 3............................................................................................................................................9
P5) Present findings and data......................................................................................................9
P6) Communicate appropriate recommendation.......................................................................17
TASK 4..........................................................................................................................................18
P7) Reflect value of undertaking project..................................................................................18
CONCLUSION .............................................................................................................................18
REFERNCES ................................................................................................................................19
APPENDICES 2............................................................................................................................21
Performance Review Template.................................................................................................24

Title
“To analysis of various strategies to be utilized within a business as to retain and
attract employees”. A case study on Tesco plc.
INTRODUCTION
Managing business strategies and policies are required to be applied for making
productivity upon amount that has helped in attaining long term success that development done
in appropriate manner possible. In an business it is required to achieve both short and long term
goals with objectives. Talent management has important role to play in making productivity and
perform in appropriate manner. This is an continuous process within which quality and
development with skills, knowledge enhancement of productivity. Also talent management
makes efficient utilization of resources possible by forming systematic process. Organization
taken in this report is Tsco plc. It is an British organization that was formed in the year 1912
having headquarters in London, UK. Things to be covered in the report is project aims, objective
and time-frame. Also small scale research with appropriate recommendation through reflection is
gained upon project creation.
MAIN BODY
TASK 1
P1) Project aims and objectives
Overview of the Research: The research is based upon talent management which is
required in order to make completion of goals and objectives in better manner. In relation to
Tesco plc management has made emphasis upon managing talent skills to introduce workforce
with more efficient skills. This makes working capabilities for increasing potential through
motivation of employees with connections in business. Tesco plc is one of the best known
retailer and has is tie-up with various organization. It holds importance in order to make
development within a business possible through different strategies in efficient manner.
Aim: “ Analysis of various strategies that is used by a business to make attraction and
retention to its employees. A case study over Tesco plc.
Objectives:
 To make better understanding of talent management in an organization.
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 To examine importance of talent-management for retention and attraction of employees. To analyse principals by business to perform talent-management.
Research questions:
 Defining understanding over talent management in an organization.
 Make better understanding upon talent management to make retaining and attarcting
employees possible.
 Explain principles that is induce by business in order to perform talent-management.
Literature Review
Explain the better understanding of talent management within an organisation.
As per view point of (Tarhini, 2018) , talent management are those kind of practices
which involve various specific trends that makes working aspect to be developed. Strategic
management involves necessary change within working environment. This leads to managing of
renaissance through strong work relation which balances equation. In it identification of talent is
done to select candidates that helps in making growth of organization possible.
What are the importance of talent-management in order to retain and attract potential employee's.
According to the point of view of(Tarhini, Yunis and El-Kassar, 2018), talent
management is not limited to human resource but balances level of commitments regarding
managing, hiring and retention of employees persisting higher talent. This is important over
different strategies that makes business assets to be managed in adequate way. Also motivation
is there to make level of encouragement to be induced with more perfection. It mainly brings
flexibility and enhancement of employee's performance.
Explain principles that is induce by business in order to perform talent-management.
In view of (Stjepić and Vugec, 2019), talent management has been befitting practices to
be performed within business which makes consistency to be involved over cultural strategies.
Different challenges is been faced to make sustainability developed in gaining talent
management in more effective manner. This helps in making business do much investment to
generate funds through technological advancement upon working operations with more effective
manner. Also different principals is followed through alignment of strategies, internal constancy
for making balance between local and global need by making branding over differentiation
possible.
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P2) A project management plan
Project management plan is that document which makes examination over how project is
to be done. This make goals, scopes, budget, timeline of plan is been prepared that makes project
path to be developed. Various targets and objectives is required to be achieved is done through
this plan. Promotion of effective develops learning towards overall project. This helps a
researcher in understanding all information related to project is been executed. For such purpose
various elements are there and they are as follows:
 Cost: It is considered to be one of the most important element that is necessary for
conducting research in more efficient manner. This is helps in identifying of budget with
cost to be applied while doing projects and tasks related to it. Manager of an organization
is required to makes budget which has been given as follows:
 Time: This is another important element which makes division of time upon the aspects
of research to be done regarding project. So, managers of an organization should decide
time limit for an project which should not be more than 3 months. This makes project
completion within time period specified (Rahimian, 2020). Scope: This elements makes defining of time taken in long term strength to be done in
effective way. In it strategies should be checked that is applied over attainment of
objective and goals to be done in perfect manner.
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 Quality: It is defined as a framework within which researcher have to confirm as each
action and task is completed in definite period of time. It actually inspire as proper
collection of data and statistics which leads to appropriate outcome is appear in adequate
time. When outcome of research is implemented in business so it is important as research
is processed in proper acceptance. Communication: It is considered to be most important element which makes information
in relation to an particular project conveyed with smoothness. This promotes clarity
regarding information upon project. Also makes appropriate result attained for research. Risk : In this element researcher needs to make sure that every task is done with
efficiency and proper analysis to attain suitability at given time period.
 Resources : This element requires to be developed in order to makes resources available
for project. Such element make sure that resources needed in particular task is been
arranged in time for attaining better outcomes.
P3) Produce work breakdown structure and Gantt chart
Gantt chart: This is related to making project planning and establishment possible
through providing technical support. This is an mechanism helpful in assisting advancement of
Gantt required to build project dependency. Under it project dependency is developed to identify
path for task accomplishment. It views dates and other specification regarding project
management. This is makes task to be completed with sub-tasks within time limit specified for it
(Panova and Hilletofth, 2018).
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5

Work Breakdown structure: This makes identification of techniques upon project
representation of administration. In it adjusted sequence decomposition of work is done by
dividing within sections. WDS is more focused over product through alternatives requirement of
work to make goods. It makes estimation of price, hazard and period of time over work done on
small basis with substitution of level of whole project (Müller, 2018).
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TASK 2
P4) Small-scale research to meet project aim and objectives
The research makes performance enhancement possible by making proper knowledge to
be gained in relation to project. As per this two basic method of research been used over
accomplishing task. Further method has been explained as follows:
Qualitative method: In this method comparative data has to be collected through
methods like interviews, forming questionnaire, doing observation. Also participating
observation over facts and records is been done. Further analysis is done for collecting data as
per which different concepts and experiences are considered. As per this relevant ideas is
presented.
Quantitative method: The method consists of measurement related to mathematical,
statistical, numerical analysis. Data collection is done by providing support through
questionnaire, polls, survey and manipulation of statistical data into computational technique
(Kuznetsov and Sabel, 2017).
Sources of data collection: Primary sources: In this kind of sources researcher is there to make collection and
gathering of appropriate data is done simplified way. It time taking process which
provides accuracy over collecting information that is relevant as per survey done.
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 Secondary sources: As per it data is been collected through secondary sources like
records financial sheets, articles, journals, magazines, books etc. Also time taken is less
and makes balance to be formed when data is collected (Kris Bailey, 2016).
In this research accurate usage of both primary and secondary research is done with
literature review for making better understanding over the topic.
Sampling: This process is related in order to make data analyzed in statistical manner which
makes predetermination about observation calculated. Under it large population is been used
covered. The methodology makes effectiveness developed in understating solution in respective
respondent. Sample size taken is 40.
Questionnaire
Quantitative questions
Q1) What does talent management means in an organization?
a) Yes
b) No
Q2) Does talent management require for growth and success within an organization?
a) Yes
b) No
Q3) Has Tesco plc worked to retain ad attract employees regarding talent management?
a)Yes
b) No
Q4) Strategies used by Tesco plc is applicable for talent management?
a) Providing job description
b) Success is attained continuously.
Q5) Affect of talent-management in Tesco plc ?
a) Attracting and retaining of skilled employees
b) Improving performance
c) Human resource advancing
Q6) Does Tesco plc advances regarding talent-management?
a) Motivation is higher
b) Job satisfaction
c)Improving of interpersonal abilities.
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Advancement of interpersonal abilities
Q7) What initiative is taken by Tesco plc to induce talent-management in employee's?
a) Rotation of job
b) Training and development
Qualitative questions
Q8) What kind of strategy is used by Tesco plc for enhancing working performance with
productivity?
 Recognizing of skilled employees
 Guiding towards path of success.
Q9) Does Tesco plc took steps in order to retain employees?
a) Training sessions
b) Individualism
c) High motivation and moral.
Q11) Recommendation
TASK 3
P5) Present findings and data
Q1) What does talent management means in an organization? Frequency
Yes 25
No 15
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Interpretation: From the above graph it can be concluded that 40 respondents are there out of
which 25 knows about talent management and rest 15 is not aware about the concept at all. This
shows that Tseco plc has good knowledge about talent management which means high level of
skills and knowledge is there within employees which makes work more efficient (Fehlmann,
and Kranich, 2017).
Q2) Does talent management require for growth and success within an
organization?
Frequency
Yes 24
No 11
10
Yes No
0
5
10
15
20
25
30
25
15

11
Yes No
0
5
10
15
20
25
30
24
11
Frequency

Interpretation: From the graph it can be concluded that 40 respondent are there out of which 24
is in favor of talent management that is required to make sustainability in growth and success
over long period. Rest 11 does not agree with this. This means majority of employee's in Tesco is
in favor of talent management.
Q3) Has Tesco plc worked to retain ad attract employees regarding talent
management?
Frequency
Yes 28
No 12
Interpretation: From the above graph it can be concluded that there are 40 respondents from
which 28 considers talent management to be effective in attracting employees. Rest 12 does not
appreciate talent management. In Tesco plc it can be seen that employees get sustain for long
time period (Falzani and Kirkham, 2017)
12
Yes No
0
5
10
15
20
25
30 28
12 Frequency

Q4) Strategies used by Tesco plc is applicable for talent management? Frequency
a) Providing job description 20
b) Success is attained continuously. 20
13
a) Providing elaborative job description
b) Pathway to attain continuous success
0
5
10
15
20
25
20 20
Frequency

Interpretation: From the above graph it can be find out that there are 40 respondent out of
which 20 thinks that talent management is used in Tesco plc. Rest 20 is of opinion talent
management helps in making elaboration of job description. In this both the strategy is equally
been implemented by an organization to establish talent management (Enkel, Groemminger, and
Heil, 2018).
Q5) Affect of talent-management in Tesco plc ? Frequency
a) Attracting and retaining of skilled employees 20
b) Improving performance
15
c) Human resource advancing 5
14

Interpretation: From the above graph it can be concluded that there are 40 respondent out of
which 20 believes that talent management attracts and makes retention of skills. 15 is of opinion
that enhancement of performance is been done and rest 5 holds positive view about advancement
15
a) Attraction and retention of skilled employee
b) Enhancement of performance
c) Advancement of human resource
0
5
10
15
20
25 20
15
5
Frequency

in human resource management. It means Tesco has positive impact of the talent-management
within it.
Q6) Does Tesco plc advances regarding talent-management? Frequency
a) Motivation is higher 15
b) Job satisfaction 15
c)Improving of interpersonal abilities. 10
Interpretation: It can be concluded from the graph that there are 40 respondent out of which 15
is of opinion that talent management has provided advancement in Tesco for gaining motivation.
Other 15 is of opinion that job satisfaction is attained in it. Rest 10 is in favor of advancement in
interpersonal abilities. This makes sure that job satisfaction with motivation and enhancement of
interpersonal abilities had positive impact of talent management (Dobi, 2019).
Q7) What initiative is taken by Tesco plc to induce talent-management
in employee's?
Frequency
a) Rotation of job 21
b) Training and development 19
16
Higher motivation
Introduce job satisfaction
Advance interpersonal abilities
0
2
4
6
8
10
12
14
16 15 15
10
Frequency

Interpretation: It can be concluded from the graph that there are 40 respondent 21 is of opinion
that Tesco is done over job rotation in order to induce talent-management and 19 is of opinion
17
a) Rotation of job b) Training and development
18
18.5
19
19.5
20
20.5
21
21.5
21
19
Frequency

that tanning and development program. It can be observed that enhancement of talent-
management make positive impact on an organization (Cha, 2017).
Q8) What kind of strategy is
used by Tesco plc for
enhancing working
performance with productivity?
Explanation
Recognizing of skilled
employees
Through this employees retain motivation and work
upon skills with abilities is to be recognized for growth
in an organization
Guiding towards path of
success.
In support this employees get the clear pathway of
working in the organisation and also get cleared about
the success and growth within the entity
Q9) Does Tesco plc took steps
in order to retain employees?
Explanation
Training sessions Training session has helped employees to do work more
effectively and makes development of both skills and
abilities possible.
Individualism Individualism makes motivation of employees to be
provided through identification of work related to field.
High motivation and moral. Employees with the high motivation and morale will
retain in the organisation for the longer period of time
and also produce the effective outcomes
P6) Communicate appropriate recommendation
From the above analysis it is measured that talent management in aspect is required
within business to make attraction and retains those candidates capable with efficiency and
makes productiveness to be increased. To makes this done different strategies is developed in
systematic manner. Some recommendation has been explained as follows:
 Tesco plc make sustainability to be offered over path that makes ease over employee by
making higher success and development. Employees get beneficial through increasing
competitiveness.
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 In addition to this Tesco plc provide training session with the ability of skills and
experience to increase perfect match in knowledge of individual. This impacts feeling of
self belonging over long term sustainability to be maintained.
TASK 4
P7) Reflect value of undertaking project
From the above research it can be marked out by me that I have learned about different
aspects related to talent-management that has been used for attracting and retaining more
employees. As per this acknowledgment it has been concluded by me that Tesco plc has used
training and development which helped in making supportive utilization by providing description
over specification, pathway for measuring clear success and development in talent management.
In this I have designed an questionnaire for assisting collective respective data and information
over candidates so that better level of knowledge and information should be collected in
systematic manner in relation to talent management. In relation to this I have made utilization of
tools like Gantt chart and Work breakdown structure over activities related to talent
management is completed within time period specified. At the time of interaction various
challenges is been faced by me as employees mood get fluctuate upon random basis. For this I
have used soft skills along with academic learning helps in making interpretation about talent
management which made me generated appropriate outcome.(Basu, 2016).
CONCLUSION
From the above discussion it can be marked out that report management of small business works
upon various strategies which is implemented for achieving goals and objectives in effective
way. Further in this file talent-management is been used by an organization to make potential
candidates to be retained for long period of time. In this small-scale research is been done over
getting sustainable development to retain suitable employees. Furthermore, to conduct a research
both primary and secondary research is used by which productive changes is implemented in
constrained mode.
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REFERNCES
Books and journals
Basu, R., 2016. The best practices of managing quality in projects. Further Advances in Project
Management: Guided Exploration in Unfamiliar Landscapes. p.13.
Cha, J., 2017. Developing a risk breakdown structure for managing UK government projects and
programmes.
Dobi, T., 2019. Advantages of Integrated Project Delivery and Project Management Consultancy
in Managing Large Construction Projects Are Yet to Be Proven. Available at SSRN
3419105.
Enkel, E., Groemminger, A. and Heil, S., 2018. Managing technological distance in internal and
external collaborations: absorptive capacity routines and social integration for
innovation. The Journal of Technology Transfer. 43(5). pp.1257-1290.
Falzani, D. and Kirkham, P., 2017. Managing uncertainty and failure. Building an
Entrepreneurial Organisation, p.88.
Fehlmann, T. and Kranich, E., 2017, September. Managing software projects by the buglione-
trudel matrix. In The European Conference on Information Systems Management (pp.
363-372). Academic Conferences International Limited.
Kris Bailey, M.L.T., 2016. Managing Pathology Projects For Success. Canadian Journal of
Medical Laboratory Science. 78(3). p.14.
Kuznetsov, Y. and Sabel, C., 2017. Managing self-discovery: Diagnostic monitoring of a
portfolio of projects and programs. In Advances in the Theory and Practice of Smart
Specialization (pp. 51-72). Academic Press.
Müller, M., 2018, November. Agile challenges and chances for open source: lessons learned
from managing a FLOSS project. In 2018 IEEE Conference on Open Systems
(ICOS) (pp. 1-6). IEEE.
Panova, Y. and Hilletofth, P., 2018. Managing supply chain risks and delays in construction
project. Industrial Management & Data Systems.
Rahimian, O., 2020, May. Managing Your Digital Transformation. In Offshore Technology
Conference. Offshore Technology Conference.
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Stjepić, A.M. and Vugec, D.S., 2019. Managing Business Processes in the Age of Digital
Transformation: A Literature Review. International Journal of Economics and
Management Engineering. 13(5). pp.718-724.
Tarhini, A., Yunis, M. and El-Kassar, A.N., 2018. Innovative sustainable methodology for
managing in-house software development in SMEs. Benchmarking: An International
Journal.
Tsai, W.L and et. al., 2017, December. An approach for managing project-communicated
content. In 2017 IEEE International Conference on Industrial Engineering and
Engineering Management (IEEM) (pp. 735-739). IEEE.
van Gunsteren, L.A., 2020. Continuous Adjustments and the Reality Test in Managing Complex
Projects. The Journal of Modern Project Management. 8(1).
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APPENDICES 2
22

Project Logbook for the chosen
organisation:
Name of the learner: Name of the Supervisor:
Project Title: “Analysing various strategies
to be used in an business to attract and retain
more employees”. Case study on Tesco plc
Date:
Update of weekly research/ tasks achieved
(Account for a minimum of six weeks with
dates) What have you completed?
 Did you fulfil Task requirements? Are you on track and within deadlines
set?
 Did you need to make any changes to
your project management plan?
I completed project on topic “ For analysing
various strategies to be used within an
business organization for attracting and retain
more employees”, Case study over Tesco plc.
Yes, all requirements is been fulfilled
Yes, tracking of activities is completed with
deadline
No as it is not required
Any risks and / or issues identified? Did you identify risks/issues with a
lack of skills required for undertaking
research tasks? Did you identify any additional
risks/issues that have an impact on
the project management plan?
No all skills has been utilized by me
Yes, time management is used
Problems encountered
What barriers did you face? In this communication is made over
respondents
23

How did you overcome them? I overcome with parallel usage of my soft
skills.
New Ideas and change of project direction
What Have I learnt about myself this week?
How did I feel when I had to deal with
tasks/problems?
How well have I performed? What did I
contribute?
What can I improve on next week?
How might this learning apply in the future?
I have felt comfortable and make clear
understanding.
I have used efficient skills for performing of
work.
I have improved myself by taking liable
judgements
It helps conducting similar type of research
Tasks planned for next week
Which tasks are priority?
Have you set aside sufficient time for
completion?
Collection of data and its interpretation is
priority.
Yes, by using WBS and Gantt chart
Project plan status to date (on, ahead,
behind)
Supervisor comments to address
Signature of the Supervisor and date:
24

Performance Review Template
What was the Project supposed to accomplish?
This project is related with the aim “ Study about various strategies for making attraction and retention
of employees”. A case study on Tesco plc.
Did the project succeed in its aims/ how do you know? Specifically, please outline any evaluation
and assessment undertaken?
Yes, project makes success by using of supporting sample method and questionnaire.
What things do you think worked well and why? Evaluate all aspects of the project?
Time management is done with the help of Gantt chart and WBS
What problems emerged during the project and how were they tackled? Was there timely
identification of issues and resolution during the project process?
Problems in relation to employees behaviour as per changes of different situation. This is done with the
help of soft skills and fair interaction.
What did you learn from undertaking the project?
Learning is been done on the basis of talent management and strategies to make attraction of employees
possible.
How would you rate your performance as a management consultant leading the project?
According to my performance in research, I rate myself 7/10
What strengths and weakness of your performance did you identify?
Strengths: Data creation, Time management
Weaknesses: Communication skills
How will this inform and support your continuous professional development?
In this enhancement is based upon both personal and professional development through improving
working potential.
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