Research Report: Talent Strategies of Top Companies for Employees

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Added on  2022/11/29

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This research report investigates talent strategies employed by organizations to attract and retain employees, with a specific focus on Amazon. The report begins with an introduction outlining the importance of employees as key assets and defines the aim of highlighting the benefits of diverse talent strategies. The research objectives include understanding talent management strategies, determining strategies for attraction and retention, and assessing their impact on business performance. The methodology includes the use of secondary data from books, articles, and business sites, along with a positivism research philosophy and a deductive approach. The report concludes that talent management is crucial for human resource managers, emphasizing the importance of attracting, recruiting, and retaining a skilled workforce. Recommendations include aligning employee selection with organizational mission and vision, and providing advanced training. The report references key sources and provides a comprehensive overview of talent management practices.
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RESEARCH REPORT
(What talent strategies do
the best companies use to
attract and retain people?)
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Content
Introduction
Aim and objectives
Research questions
Project Management Plan
Secondary data
Research approach
Conclusion and recommendations
References
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Introduction
Employees are the most important resources for
organization because they do all activities and tasks for
achieving objectives of the company.
They are asset of the organization who is always ready
to perform to meet their expectations as well as
company’s expectations.
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Aim and Objectives
Research Aim
To highlight the benefits of different talent strategies used by company for attracting
and retaining larger number of employees.” A study on Amazon
Research Objectives
To understand the features and significance of talent management strategies
To determine different talent strategies to attract and retain employees in the
workplace within Amazon
To ascertain the advantages and disadvantages of talent strategies in respect of
business performance within Amazon
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Research Questions
What are the features and significance of talent
management strategies?
What are the different talent strategies to attract and retain
employees in the workplace within Amazon?
What are the advantages and disadvantages of talent
strategies in respect of business performance within
Amazon?
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Project management plan
Project management plan is needed to do all the projects
because in this all the planning is done. Researcher
takes help of this planning. Researcher aims at
implementing and executing projects towards the right
direction.
Time is the needed resources that help in completing
every activity within time so that already established
objectives to be fulfilled and achieved.
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Secondary data
By the help of secondary sources like books, articles and business sites, it has been
determined that there are various features of talent management like attracting people,
selecting best employee, nurturing employees and changing culture of organization. All
these features make talent management strategies efficient enough to have best
employees (Holck and Stjerne, 2019).
With the assistance of secondary sources there are various talent management strategies
used by Amazon for attracting and retaining employees in the workplace. Amazon makes
sure that their employees do not face any issues due to which they resign from the
company so they focus on fulfilling all the expectations and needs of the employees
(Alferaih, 2018).
Company continuously takes feedback from their workforce so that all the issues and
requirements needed by employees could be fulfilled and encouraged. Good relationship
between superior and subordinates is also formed.
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Approaches and Methodology
Researcher has used different types of methodologies for
collecting and evaluating data according to the need and
requirement of research.
In research philosophy a researcher has selected positivism
philosophy because it helps in measuring data that is
available in quantitative way as it does not take time.
In research approach investigator has selected deductive
approach because it focuses on evaluating numerical
information to meet objectives of research in effective and
efficient manner.
In research strategy researcher has taken help of survey as it
is does not create high cost and data is available through is
more accurate
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Conclusion
From the above data it is being summarized that talent
management is one of the significant work of human
resource managers in every organization. Talent
managers focus on formation of strategies to attract,
recruit and retain workforce in the organization.
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Recommendations
There are various recommendations that are given to
organizations and companies so that they can have great
talent management strategies.
Organizations must select employees according to their
mission and vision.
Organization should also provide advanced training
sessions to every employee o that they can be updated
with the changes occurring in the market.
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References
Holck, L. and Stjerne, I. S., 2019. How Inclusive Can
Exclusive Talent Management Be?. In Managing Talent:
A Critical Appreciation. Emerald Publishing Limited.
Alferaih, A., 2018. Advances in Talent Management
Research: A Review of Extant Literature. Emerging
Markets from a Multidisciplinary Perspective, pp.359-
379.
Adebola, S., 2019. Why do organisations run talent
programmes? Insights from UK organisations.
In Managing Talent (pp. 187-213). Palgrave Macmillan,
Cham.
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