Business Case: Talent Management Strategies for ASOS & Best Practices

This case study delves into talent management strategies, exploring their importance for organizational success, particularly within ASOS. It begins by outlining the research objectives and questions, focusing on the significance of talent management, the challenges in retaining employees, and effective strategies for talent retention. The study employs both quantitative and qualitative research methods, including a literature review and a questionnaire, to gather data and insights. Key findings highlight the importance of employee awareness regarding talent management, the necessity of strategies for long-term employee retention, common hurdles in managing talent, and the effectiveness of career opportunities and training programs in attracting and retaining employees. The reflection emphasizes the importance of talent management for every individual within a company, recommending the implementation of effective employee welfare strategies. The conclusion reiterates that talent management is essential, acknowledges the challenges companies face in retaining talented employees, and underscores the importance of effective research methods in achieving aims and objectives. This assignment is available on Desklib, a platform offering study tools and resources for students.

Talent management

 Introduction
 Research objectives
 Research questions
 Research methods
 Literature review
 Questionnaire
 Presentation of data and findings
 Conclusion
 References
Table of content

 The presentation aims to provide
understanding about talent management
strategies.
 It is a concept which focus on retaining and
make development of talented employees
within organisation (Talpoş, Pop, Văduva,
and Kovács, 2017).
 This presentation will carry out all the
methodologies, primary and secondary
research to reach and complete the aims of
report. At last, there will be a reflection
which shows how all the activities
performed.
Introduction

 To examine the concept of talent
management and its strategies for
organisation success.
 To demonstrate issues and hurdles in
managing and retaining talent employees.
 To analyse effective talent management
strategies for ASOS.
Reserch objectives

 What Is the area of talent management and
the importance of its strategies?
 What are the issues and challenges faced by
organisation in relation to sustain
employees.
 What are the required strategies for talent
retention in Asos.
Reserch questions

 Quantitative research method-
as per this research method, the
researcher find and gather data
through statically areas (Chang,
and Werther, 2021). it gives
relevant and accurate
information.
 Qualitative research method-
this method helps in gathering
data through theoretical
perspective. The resource are
used such as books, journals,
literature review, interviews. It
gives open ended
communication.
Reserch methods

 according to the (Breaugh, 2021) talent
management is one of the crucial
practices which needs to be performed
by very organisation. The strategies must
involve and consider the employee
retention and how could organisation
attract new talent employees. They are
the only doer of company and their
efforts will make them win in
competitive market. Therefore, strategies
like employees performance check,
appreciation and rewards, maintaining
positive workplace and encourage career
opportunities are play important role in
managing talent.
Literature review

Questionnaire
Q1. are you aware about why talent management is required in organisation?
a) Yes
b) No
Q2. Why talent management strategies are needed in Asos plc?
(a) To retain and sustain employees for long term.
(b) To reduce Employee turnover ratio
Q3. what are the main issues and hurdles which stop companies growth in managing talent?
a) poor performance check
b) Ineffective work place activities
Q4. What could be the best strategies used by Asos plc in order to attract new employees and retain the
existing ones?
a) Regular appreciation, appraisals and share in profits.
b) providing career opportunities and training programmes.
Questionnarie

Theme 1: awareness about talent management
Presentation of data and findings
Q1. are you aware about why talent management is
required in organisation?
Frequency
 Yes 40.00%
 No 60.00%

Theme 2: Why talent management strategies are needed in
Asos plc?
Presentation of data and findings
Q2. Why talent management strategies are needed in
Asos plc?
Frequency
(a) To retain and sustain employees for long term. 60.00%
(b) To reduce Employee turnover ratio 40.00%

Theme 3: main issues and hurdles which stop companies growth in managing
talent?
Presentation of data and findings
Q3. what are the main issues and hurdles which stop
companies growth in managing talent?
Frequency
a) poor performance check 70.00%
b) Ineffective work place activities 30.00%

Theme 4: best strategies used by Asos plc in order to attract new employees and
retain the existing ones?
Presentation of data and findings
Q4. What could be the best strategies used by Asos
plc in order to attract new employees and retain the
existing ones?
Frequency


a) Regular appreciation, appraisals and share in
profits.
25.00%


b) providing career opportunities and training
programmes.
75.00%