MSBP Report: Strategies for Retaining Talented Employees at Amazon

This report, titled "MSBP Report: Strategies for Retaining Talented Employees at Amazon," delves into the crucial area of talent management within organizations, specifically using Amazon as a case study. The report begins with an introduction that highlights the dynamic business environment and the importance of sustainability and productivity. It then outlines the aims and objectives, which include understanding talent management, determining its significance, identifying management problems, and investigating effective strategies for employee retention. The project management plan and research methodology are discussed, emphasizing the use of both primary and secondary research methods. Data analysis is presented, with findings from questionnaires revealing insights into Amazon's talent management practices, including employee knowledge of talent management, the perceived usefulness of talent management, its contribution to success, the reasons for its implementation, challenges faced, and strategies employed to address these challenges. The report concludes with recommendations for improving talent management, such as identifying employee behavior, improving hiring strategies, and providing training programs. References to relevant academic sources are also provided.

MSBP
Amazon

TABLE OF CONTENT
• Introduction
• Aims and objectives
• Project management plan
• Methodology
• Primary And Secondary Research
• Data analysis
• Conclusion and Recommendations
• References

INTRODUCTION
Today's business environment get more dynamic and it become the major reason for organisation
that they should focus on increasing sustainability and productivity in order to handle them. This
report deals in identification of best strategies that helps in retaining talented employees.

AIMS AND OBJECTIVES
Research aim: “To identify best strategies which used by companies in order to retain their
talented employees.”
Research Objectives:
• To understand the concept of talent management.
• To determine need and importance of talent management.
• To identify problems that occur in the process of managing talent in organisation.
• To investigate best strategies in order to solve problems with the help of retaining employees.

PROJECT MANAGEMENT PLAN
Project management plan is a documented that is formulated to support the management of a
project. All the steps that are important and are part of the project are mentioned under project
management plan. The performance of employee is important for completion of project
management.

METHODOLOGY
Research methodology is the techniques od doing a research in which organisation need to perform
research in an appropriate so that they can achieve their goals and objectives. Research
methodology uses various types of methods such as qualitative and quantitative method in order to
compel the research. It is very crucial for an organisation that they should focus on reliability and
validity of method that they are using in the research.

PRIMARY AND SECONDARY RESEARCH
• Primary research is concerned with the fresh and authenticate data that identified in the research
report. It is very beneficial for an organisation that they should analyze data with the help of
direct conversation with public. It is expensive and time consuming.
• Secondary research is the analysis of data that already published in books and journals. It is
identified that it is very less expensive as compared to primary research and time saving. But
sometimes it didn’t give exact information that are needed by organisation.

DATA ANALYSIS
• It is the section in which Amazon need to evaluate each data that they gather with the help of
questionnaire. All findings and their analysis are mentioned below. It is very important for
organisation that they should be critically analyse their data that they collect with the help of
questionnaire.

THEME 1: CONCEPT OF TALENT
MANAGEMENT
Q1. Do you have any knowledge about talent management? Frequency
a) Yes 38
b) No 12

THEME 2: NECESSITY OF TALENT
MANAGEMENT IN ORGANISATION
Q2) According to you, Is talent management useful in organisation? Frequency
a) Yes 36
b) No 14

THEME 3: CONTRIBUTION OF TALENT
MANAGEMENT IN SUCCESS
Q3) Do you think that talent management is necessary for organisation'
success and growth?
Frequency
a) Yes 35
b) No 15

THEME 4: REASON OF TALENT MANAGEMENT
Q4) Why Amazon choose talent management in their organisation? Frequency
a) Increasing productivity of employees 15
b) Long term growth and success 10
c) Reduction of employees' turnover ratio 25