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Importance of Workplace Transformation in Retaining Talented Employees: A Study on B&M

   

Added on  2023-06-08

22 Pages4401 Words266 Views
TASK 2
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Table of Contents
INTRODUCTION...........................................................................................................................3
AIM..............................................................................................................................................3
OBJECTIVES..............................................................................................................................3
QUESTIONS...............................................................................................................................3
BACKGROUND.........................................................................................................................3
RATIONALE...............................................................................................................................4
LITERATURE REVIEW................................................................................................................4
RESEARCH METHODOLOGY.....................................................................................................6
RESEARCH TYPE......................................................................................................................6
RESEARCH APPROACH..........................................................................................................6
RESEARCH PHILOSOPHY.......................................................................................................6
RESEARCH DESIGN.................................................................................................................7
DATA COLLECTION................................................................................................................7
DATA ANALYSIS......................................................................................................................7
SAMPLING USE........................................................................................................................7
ETHICAL CONSIDERATION...................................................................................................7
RESEARCH LIMTITATIONS:..................................................................................................8
TIMELINE...................................................................................................................................8
RECOMMNEDATION...................................................................................................................8
REFLECTION.................................................................................................................................9
CONCLUSION................................................................................................................................9
REFERENCES................................................................................................................................1
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INTRODUCTION
AIM
To determine the importance of workplace transformation in respect of retaining talented
employees for the purpose of developing organisational culture and structure. A study on B&M
OBJECTIVES
To create basic perceptive in terms of workplace transformation in respect within the
United Kingdom retail industry.
To examine the importance of workplace transformation in terms of keep talented
employees during period of COVID-19 for B&M
To analyse the role of talented employees in improve the organisational structure and
culture of B&M
QUESTIONS
What is the conceptual hypothesis of workplace transformation in the retail industry of United
Kingdom?
What is the importance of workplace transformation in retaining talented worker for handling
with the condition of COVID-19
What are function of talented employees in improving the whole organizational culture and
structure of B&M?
BACKGROUND
The workplace transformation is mainly focused on the improving and achieving
flexibility, connectivity and collaboration. It consists the flexible workplace to provide
accommodate the various kinds of workers, technology and work. Theses enable the employee’s
satisfaction, performance of employees, use of employee’s talent. The digital age transformation
in the workplace is referred as the use of the digital technologies to improve the retention rate of
employees and modify the business cultures and structures as well as meet the market
requirements of company (Aroles, Hassard, and Hyde, 2021). B&M is the chain discount store in
the United Kingdom and it refers as the black and mild. this company selling the items and
products across the range of general merchandise categories and grocery. This research report is
conducted for the analysis the employee’s retaining rate in B&M company with the digital
transformation on workplace.
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RATIONALE
The study must be conducted the workplace transformation in the digital age. The main
objective of research project is determining the workplace transformation in the digitalization
area and it helps in retain the employees. The reason behind research report is enhanced the
knowledge and skills which are most important for develop the career in the future.
LITERATURE REVIEW
Theme 1: conceptual framework of workplace transformation in retail industry
Danivska (2018) state that the workforce transformation is process of improving the
workforce took and skills and abilities with constantly changes in the business and its strategy. It
is categorized the in the four areas of improve competitive, innovation readiness, employee’s
self-fulfilments and environmental impacts. The workforce transformation is changes rapidly
shift to the work from home in the Covid- 19. The author said that digital transformation helps
employees and organization to continues work at the time of pandemic situation and also provide
the flexibility to the employees of B&M company. The workforce transformation in the digital
technology helps in outgrowth of company by cloud, mobility, data driven insights and become
more automated and it was enhanced by the Covid-19.
According to Micic (2022) the workplace transformation in digital age is referred as the
digital transformation and it is the integration of digital technology into the organization areas
because it changes in the ways of business operates. the organization can easily use the digital
transformation in the workplace for enjoying its benefits. The workplace transformation in the
digital age is most essential for providing the better services to customers and modify culture and
structure, offer better facility to employees of business organization. In the modern workforce
transformation, flexible work hours and remote work options are also considered for the
employees and specially in the pandemic situations.
Theme 2 Roles of talented employees in improving the culture and structure of
organization.
Obi and Oloye (2021) indicated that the digital transformation use incre4se day by day
and it also helps in increase the knowledge and skills of workers in the economy and also helps
in improve the retention rate of employees within the organization. this helps employees because
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they able to work independently and it enhances the employee’s satisfactions. employees able to
find the new creativity and connectivity as well as the proper digital age. this helps in working
environments and physical workplace as flexible and collaborative are more engaged and
satisfied employees as well as feel them more connected with employers.
In moreover, Attaran, Attaran and Kirkland (2019) stated that the digital transformation
in workplace are most important for achieving the efficient in the work and improve the work
experience of employees. the various significance of digital transformation ion workplace that
includes the reduce operational cost, improve productivity, enhance organizational revenue,
enhance performance of employees, improve employees satisfaction, retain talented employees,
increase innovation, etc. these issues and challenges are brought by the digital workforce
transformation due to the Covid-19 and is impacts the workforce and organization face many
crises during the pandemic such as shutdown the business, lack of executive, disturbed
workforce, knowledge gap, changing privacy and security demands and provide training to new
employees, but the digital transformation helps company to manage and handle the business in
smooth ways during the pandemic situation.
According to research conducted by Andrade-Asikainen, (2022) the digital
transformation in workplace have various focuses which are important for business that includes
the engaging customers, empowering employees, services and products and optimize operations.
the digital transformation strategy is used to improve the physical aspects of business such as
services and manufacturing. It important for ensure that there are measurable, impactful and
concerted efforts which must key towards the business objectives and goals. The digital
transformation in workforce are prepared for the cultural changes and structure changes which
must happens in the business organization. Its affects the work of employees because they can
work effectively and efficiently as well as improve the productivity of workers which are critical
piece to digital transformation.
Theme 3: Importance of workplace transformation in retain the employees for dealing with
pandemic situation.
According to the Haddud and McAllen (2018) digital transformation in workplace helps
in improve the employee’s retention which are most important for the B&M organization to
leads in improve the productivity and profitability of organization with the employee’s
performance. Retain the top talented employees in organization helps in promote the success and
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health of organization, turnover of employees, stress of workers and training of employees have
negatively impacts on the business outcomes. but the organization face many challenges in the
high employee’s turnover that includes the loss of knowledge, high cost and low productivity of
business. There are various benefits of employee’s retention such as reduced cost, improved
morale, increased productivity, increase customers experience, less time waste in training and
recruitments, improve company culture and structure, improved revenues, high employee’s
engagements, etc.
Selimović, Pilav-Velić and Krndžija (2021) suggested that digital transformation helps in
employee’s success drives in the business success as well as helps in prevents the top talented
employees from leaving job. and company can accelerate the employee’s initiates with the right
technology. this helps in provide the performance feedback of customers, employee surveys,
goals tracking and boost the employees experience and it helps company to retain the top
talented employees.
RESEARCH METHODOLOGY
RESEARCH TYPE
There are two types of research types and that includes the quantitative and qualitative
research. the scholar has been use the quantitative research in the research methodology
(Bakioğlu, 2022). This has been used for measure the mathematical, numerical and statically
analysis of gathered data with the help of surveys, questionnaires and polls.
RESEARCH APPROACH
In the research approach, there are two types of research approach such as deductive and
inductive approach. The scholar has been use the deductive approach in the current research
project. the deductive research report has been used for explain the casual relationship between
the variables and concepts. In this research study this approach based on the quantitative and it is
associated with the scientific investigation. it is used for the inductive arguments.
RESEARCH PHILOSOPHY
The research philosophy is views about that how data should be collected, gather and
applied. There are two types of research philosophy such as interpretive and positivism. In the
project the scholar has been use the positivism research which is quantitative approach (Pandey
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