Managing a Successful Business Project: Ritz-Carlton Talent Study

This assignment presents a case study focused on the challenges of managing talent within the hospitality industry, specifically using the Ritz-Carlton Hotel as an example. The project includes an introduction outlining the research aims and objectives, which are to identify challenges, understand the role of talent management, and investigate strategies for addressing these issues. A literature review provides context, and the methodology section details the use of quantitative research. The conclusion summarizes findings, emphasizing the importance of talent management within the hospitality sector. The project includes a Gantt chart and references supporting sources. This project is a core requirement for the BTEC Level 4 Higher National Diploma in Business, Unit 6, and assesses the student's ability to manage a successful business project.

Managing
small
business
project
Case study of Rotz carl hotel

Table of content
– Introduction
– Aim and objective
– Literature review
– Method
– Conclusion
– Reference

Introduction
– Research title:
– Challenges of managing talent within the
hospitality industry.
– Introduction
– Talent management refers to the systematic
process of finding the vacant position, recruiting
right candidates, developing expertise and skills of
candidates to match the position. Talent
management is the competency, power and ability
of employees within an organisation.

Research aims and objectives
– Aim
– “To find out several challenges faced by hospitality industry in managing talent at
workplace. A study on Ritz-Carlton Hotel.
– Objectives
– To understand about the role of talent management in context of hospitality industry.
– To determine several challenges or issues that might be faced by Ritz-Carlton Hotel
while managing talent at workplace.
– To investigate various ways or strategies for addressing the challenges related with
talent management.

Literature review
– Nasaruddin and Emad (2019) define talent management as the process of
hiring, managing, developing, and keeping the best and brightest employees in
the hospitality sector. In fact, talent management is critical in the business
world since it aids in the enhancement of a company's performance.

Research methodology
– The current study is focused on quantitative research, and the deductive
technique will be utilized to analyze quantitative data in order to save time and
money for the researcher.
– According to the current inquiry, the inductive technique is not helpful because
it is entirely focused on qualitative research.

Gantt chart

Conclusion
– From the above mentioned information it has been concluded that
most of the participants had idea about the talent management and
its effective role within hospitality sector.

References
– Mohajan, H. K., 2018. Qualitative research methodology in social sciences and related
subjects. Journal of Economic Development, Environment and People, 7(1), pp.23-48.
– Nasaruddin, M. M. and Emad, G. R., 2019. Preparing maritime professionals for their
future roles in a digitalized era: bridging the blockchain skills gap in maritime
education and training. In The International Association of Maritime Universities
(IAMU) Conference (pp. 87-97).
– Rathore, P., 2018. Impact of talent management practices on employees productivity
of selected luxury hotels in Rajasthan an empirical analysis.