Higher National Diploma Business Project: Asda Talent Strategies

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Added on  2022/11/30

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AI Summary
This project, undertaken for a Pearson BTEC Higher National Diploma in Business Management, Unit 6, focuses on analyzing the talent strategies employed by organizations to attract and retain employees, using Asda as a case study. The research aims to evaluate the concept and importance of talent management, identify specific strategies Asda uses, and examine the challenges faced in implementation. The project includes a project planning phase, a detailed project logbook tracking progress, and a performance review assessing achievements. A business case presentation summarizes the findings, supported by references to relevant literature and online resources. The project highlights key aspects of talent management and the practical application of strategies within a real-world business context, including the identification of challenges and the development of solutions.
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Learner Name ID
Programme Name Pearson BTEC Higher National Diploma in Business Management
Unit Number and Title Unit 6 – Managing Successful Business Project
Project Title
E- Portfolio: What talent strategies do the best companies use to attract
and retain people?
Issue Date
Submission Deadline
IV Name
IV Date
Statement of Authenticity:
I certify that the work submitted for this unit is my own and the research sources are fully
acknowledged.
Learner Name: Date:
0
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Table of Contents
E – Portfolio: What talent strategies do the best companies use to attract
and retain people?
1 – Project planning p
2 – Project Logbook p
3 – Performance Review p
4 – Business Case Presentation p
References p
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E – Portfolio: What talent strategies do the best companies use to
attract and retain people?
Research aim: “To analyse the strategies used by organisation to attract and retain talent
within organisation”. A case study of Asda.
Research Objectives
To evaluate the concept and importance of talent management.
To identify the talent management strategies used by Asda to retain and attract its
employees within the organisation.
To examine the challenges faced by Asda while implementing talent management
strategies in organisation.
Research Questions:
What is the concept and importance of talent management?
What are the talent management strategies used by Asda to retain and attract its
employees within the organisation?
What are the challenges faced by Asda while implementing talent management
strategies in organisation?
1 – Project planning
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2 – Project Logbook
Project Logbook
Name:
Project title: “To analyse the strategies used by organisation to attract and retain talent
within organisation”. A case study of Asda.
Date:
Update on period of development
3
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What have you completed in this period?
I have completed the study on the research title of To analyse the strategies used by
organisation to attract and retain talent within organisation”. A case study of Asda.
Did you complete the work that you had planned?
Yes, I have completed all the work and activities which I planned.
Are you on track and within deadlines set?
Yes
Did you need to make any changes to your project plan?
No
Risks and/or issues identified
Did you identify risks/issues related to a lack of knowledge or skill required to
undertake the work you had planned?
Yes
Did you identify any additional risks/issues that have an impact on your project plan?
Yes, I do face certain problems for managing time while completing my research activities
and agendas.
Problems encountered
What challenges did you face?
The biggest challenge was of collecting responses form the respondents.
How did you overcome them?
By taking help of my effective communication skills and managing the responses and
behaviours of respondents.
New ideas and change of project direction
In developing work, addressing risks/issues, has the direction of your work changed?
Yes
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How does your work justify the change of direction?
By conducting rapid actions for addressing the problems and challenges being occurring.
Is this clear?
Yes
Do you feel this change of direction has enhanced your work? How?
Yes, by allowing me to be more effective and moulding as per the requirement of the
situation and the necessity.
What have you learned about yourself through your work?
What are the most important things that your work has revealed to you?
That I have effective communication and presentation skills which are also helpful for my
professional life as well.
How might this learning apply in the future?
In developing better career and professional path.
How did you feel when you had to deal with challenges/problems?
I felt very nervous and stressed.
How well do you feel you have you performed?
I made my best efforts for completing the work in the best manner possible.
What can you improve?
My time management and critical thinking skills.
Next steps for your work
What aspects of your work should you prioritise?
The major priority was data collection and making appropriate interpretation without any
manipulations.
Have you allowed sufficient time for completion?
Yes
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Project plan status to date
Do you feel you are on track to complete your work on time?
Yes, with the help of Gantt chat I was working on time and on track.
Do you feel your work shows your achievement of the Learning Outcomes?
Yes
Tutor Feedback
3 – Performance Review
Performance Review
What did you aim to achieve through your work?
To develop an overview of various talent management strategies used to retain and talent within
organisation. A case study of Asda.
Did your work succeed in achieving your aims? How do you know? Specifically, please
outline any evaluation and assessment undertaken.
I have been successful in attainment of research aims and objectives. With the help of primary and
secondary data collection method, the data is collected that assist in completion of project.
What aspects of your development process do you think worked well and why? Evaluate
all aspects of the project (e.g. initial research, concept development, development
process, presentation, etc.) from a range of perspectives.
In the starting, the overall work is going well and aims and objectives is developed on time period.
After this, project development plan take place that assist in completion of investigation as per the
requirements. Furthermore, presentation of findings were developed on the basis of data collected.
What problems emerged during the project and how were they tackled? Was there
timely identification of issues and resolution during the project process?
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There were issues arise due to lack of communication and conflict management skills. By the
assistance of mentors and changing patter, the issue was resolved.
What did you learn from undertaking the project?
I have learnt about the strategies used by organisation in order to retain and acquire talent. In
addition to this, I have gained knowledge about importance of time and improve problem-solving
skills.
What are the strengths and weaknesses of your process that you have identified?
The Strength of the investigation has been that there was quick modifications according to requirements of
the different stages in the research work.
How could your process improve for the future?
The procedure can be improved by emphasizing on conflict management and communication skills.
4 – Business Case Presentation
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References
Books & Journal
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Abdollahbeigi, B., 2021. EXPLORING KEY FACTORS THAT INFLUENCE TALENT
MANAGEMENT. Lulu Press, Inc.
Hughes, C., 2018. The role of HRD in using diversity intelligence to enhance leadership skill
development and talent management strategy. Advances in Developing Human
Resources, 20(3), pp.259-262.
Hughes, C., 2019. Using workforce inter-personnel diversity as a unique talent management
system component. In Workforce inter-personnel diversity (pp. 47-80). Palgrave
Macmillan, Cham.
Ntaopane, M. and Vermeulen, L., 2019. Integrated talent management in local government:
theories and philosophies to guide implementation practices. Journal of Public
Administration, 54(3), pp.378-400.
Purgał-Popiela, J., 2018. Global Talent Management: Current State of Research and
Trends. Human Resource Management/Zarzadzanie Zasobami Ludzkimi, 125(6).
Online
What Is Talent Management and Why Is It So Important?, 2019 [Online] Available Through
https://www.rasmussen.edu/degrees/business/blog/what-is-talent-management/
The Best Talent Management Practices, 2020[online], Available
through<https://www.thehrdirector.com/features/talent-management/the-best-talent-
management-practices/>
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