Business Case for Talent Management Implementation: A Detailed Report

This report presents a business case for talent management, focusing on its implementation within an organization. It begins with an introduction and a business case, including an executive summary, timescale, and risk assessment. The report outlines the aim of implementing talent management practices to enhance employee efficiency and retention. It suggests options such as conducting training sessions and regular performance reviews. The recommendations include utilizing various training methods to achieve organizational goals. The conclusion highlights the importance of a business case in achieving short-term, medium-term, and long-term objectives. References from academic journals are also included.

MANAGING A SUCCESSFUL BUSINESS
PROJECT

TABLE OF CONTENTS
• Introduction
• Main Body
• Conclusion
• References

INTRODUCTION
Talent Management is quite important within the organizations because by
making its use the different types of workers can make sure that they are
enhance their talent in the right manner and contribute towards the overall
attainment of the organizational success.

BUSINESS CASE
Business Case
• Executive Summary- The aim of this Business Case will be to make sure
that the implementation of the Talent Management Practices can be done
within the organizations so that the overall efficiency and effectiveness
level can be raised and thus the higher-level of efficiency and effectiveness
can be attained.

CONTINUED…
• Timescale- Timescale which Morrisons will set for this particular project
is 6 months in which the implementation of the Talent Management
Practices will be made within the organization.
• Risk- There is a higher-level of risk which is involved in the project
because the implementation of the project will require that the use of
appropriate methods and techniques is made which require framing of a
higher amount of budget

CONTINUED….
• Aim- To implement the practices of Talent
Management within the Business Organizations so
that the talent of the employees can be managed in an
appropriate manner and thus the retention of the
workers can be high which will boost the efficiency,
effectiveness and productivity level in the companies.

CONTINUED…
Possible options before the organization-
• Conducting training sessions- The use of a wide variety of training
sessions can be made by the organizations so that they are able to ensure
that the talent of the various employees can be developed which will be
quite helpful in leading towards an attainment of the HR goals and
objectives.

CONTINUED…
• Conducting regular performance reviews- It is
quite important for the organizations that they are
able to regular performance reviews which will
be helpful in ensuring that the attainment of the
higher-level of goals and objectives can be made
so that the overall efficiency and effectiveness
can be raised.

CONTINUED…
Recommendations- Thus the recommendations for the organization are as
follows-
• Using different modes of training- It is recommended to the management
of the firms that they are able to make use of the different modes of
training so that the attainment of a wide variety of goals and objectives.

CONCLUSION
From the above presentation, it can be concluded that Business Case
refers to the presentation of a Business Idea in detail. Therefore, In this
way it can be said through the use of a Business Case the attainment of
the goals and objectives in the short-term, medium-term and long-term
can be done.

REFERENCES
• Vaiman, V., Sparrow, P., Schuler, R. and Collings, D.G. eds., 2018. Macro talent
management: A global perspective on managing talent in developed markets. Routledge.
• Maheshwari, V., Gunesh, P., Lodorfos, G. and Konstantopoulou, A., 2017. Exploring HR
practitioners’ perspective on employer branding and its role in organisational
attractiveness and talent management. International Journal of Organizational Analysis.

Thank You