Unit 6 - Managing Successful Business Project: Talent Strategies

This project explores talent management strategies within Morrison, focusing on attracting and retaining employees. It includes a project plan outlining initiation, planning, and execution phases, along with a Gantt chart and work breakdown structure. The project logbook details data collection from primary and secondary sources, identified risks, and lessons learned. A performance review assesses the project's achievements, strengths, weaknesses, and areas for future improvement. The business case presentation summarizes the findings. References to relevant academic sources are also provided. Find more solved assignments and study resources on Desklib.

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?
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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?
1 – Project planning
Project management plan is use of specific skills, knowledge, tools and techniques that are
used to delivered value to customer's as per their respective requirement. There are range of
operations as well as activities that needs to be performed in order to complete the project such as
initiation, planning and controlling.
Scope: What activities and tasks as defined in the project must be
done in order to make the project a success?
Scope: The scope of the project is limited as it has only considered study pertaining to talent
management within Morrison. It will cover importance of talent management, key strategies that
are used by firm to gain competitive advantages (Zwikael, Chih and Meredith, 2018).
Milestones: Major events or phases in the project
Milestones: It has been decided that in order to complete the project on talent management
strategies around 2 months will be needed. So the milestones pertaining to the same are: the
initiation will be completed during the 2 weeks, while for planning around 3 weeks will be needed
and for executing 2 weeks and remaining 1week will be need for closure (Cleden, 2017).
Initiation, planning and execution: Details of activities to be carried
in the project
 Initiation: In this stage the ideas is being explored and elaborated such as in this decision are
made related to the way study will be pursue pertaining to talent management. The
research has been started in this stage related to talent management strategies that are
used by Morrison to gain competitive advantages.
 Planning: This is second stage in which all activities, resources that are required to complete
the task are effectively planned so that there are minimum chances of confusion and conflict
in the firm. Likewise, it has planned that around 2 months and $ 700-800 will be required to
complete the project.
 Execution: It is third stage, in which the all data are collected and gathered from different
sources such as primary and secondary, and they are well organized. So, that necessary
information can be easily extracted in context of talent management of Morrison (Payne,
Roden and Simister, 2019).
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Gantt chart: Work break down structure using to track the activities
to be undertaken
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WORK BREAKDOWN STRUCTURE
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2 – Project Logbook
Project Logbook
Name:
Project title: Talent management strategy in Morrison
Date:
Update on period of development
In this period all data has been collected from primary and secondary sources related to talent management
strategies that are used by Morrison to retained maximum employees in the firm. Yes, the work has been
completed as planned and within the deadlines that has been set for getting better outcome. No, as such
there are no such changes that we need to make in the project.
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Risks and/or issues identified
Yes, there are certain risk that are related to lack of knowledge or skills that are required to complete the
project. Such as financial risk as we do not know how the capital or expense needs to be managed so that
optimum outcome or benefits can be gained. There is also risk that project when completed fail to perform
the mission due to lack of operation and skills. Communication risk is addition risk that can impact project
plan as individuals are not effectively communicate about their respective task and responsibility in proper
manner that lead in further delay in completion of project.
Problems encountered
I face challenges or issue such as I was not able to make gathered sufficient detailed but as I make use of
both primary and secondary method. I was able to extract more and more information pertaining to talent
management strategy used by Morrison to gain competitive advantages. At the same time, I face challenge
in organising the project that lead in poor presentation and integration of facts and figure but I have tried
to organised them in well manner.
New ideas and change of project direction
Yes, in order to address the associated risk/ issue the direction of work has been changed as more focus
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has been lead on effective communication. So that the individuals are aware about their respective task
and responsibility and contributing in the progress of the project. In addition to this we have also make use
of secondary method also as previous we are only making use of primary method so it justifies the
direction. Thus it has lead in enhancing the project work more.
What have you learned about yourself through your work?
The research has helped in learning lot of information pertaining to the talent management, the way
business is being run and operated in external environment. In future circumstances, I have also decided to
make use of quantitative method rather than qualitative to make it more interesting and useful. I will also
try to pursue study on different topic such as the method that can be used to evaluate and enhance overall
performance of employees. So, overall the experience of making the project or completing study on talent
management in context of Morrison's was quite interesting and useful.
Next steps for your work
Points to consider:
I have prioritised that I will firstly put effort to drive more and more information related to gathering
more and more information related to talent management strategies. So that the facts and figure can be
analysed and effective understand by other peoples. Yes, sufficient time has been allowed to complete the
work.
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Project plan status to date
Points to consider
Yes, I am track to complete work on time. Furthermore, is I am not on track then in order to achieve the
target as per I will tried to make efforts to complete the set task in minimum timeframe possible. Yes, the
work also shows the achievement of learning outcome as the project is solely based on talent management
strategies used by company to attract and retained people in the firm.
Tutor Feedback
3 – Performance Review
Performance Review
What did you aim to achieve through your work?
The aim to achieve through work is gathering sufficient detailed related to the way companies manage
and retained highly skilled, qualified and talented individuals in the organisation for longer time frame.
Did your work succeed in achieving your aims? How do you know? Specifically, please
outline any evaluation and assessment undertaken.
Yes, I succeed in achieving the aim as through making use of primary and secondary method to gathered
sufficient relevant detailed related to talent management strategy of Morrison. Conclusion and overall
review of the project has helped me in evaluating and assessment of the 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.
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Initial research and presentation are the aspect of project development process that has work welled as I
was able to drive necessary information and present the same in well organised manner. All these has
went well because I have good presentation skills and research that helps me in driving more and more
information related to the subject manner.
What problems emerged during the project and how were they tackled? Was there
timely identification of issues and resolution during the project process?
Along with it, there are key areas in which I face challenges or issue such as I was not able to make
gathered sufficient detailed but as I make use of both primary and secondary method. There are range of
information that I am able to extract and make its analysis, conclusion and effectively communicate to
others (Alvarenga and et.al., 2019). But as soon, I proceed further, I get more and more interest to
accumulate data pertaining to topic i.,e talent management.
What did you learn from undertaking the project?
The research has helped in learning lot of information pertaining to the talent management, the way
business is being run and operated in external environment. The study has helped in understanding
different research method, approaches and data collection method that could be used to complete the
study.
What are the strengths and weaknesses of your process that you have identified?
The strength in the process was that I face good decision making skills that helped me in taking all the
decision pertaining to the project in limited time frame. At the same time, I have good problem solving
ability thus able to find appropriate solution of each and every problem. On the other hand, I lack
communication and team working skills that has resulted in causing problem in effective completion of the
project.
How could your process improve for the future
In future circumstances, I have also decided to make use of quantitative method rather than qualitative to
make it more interesting and useful. I will also try to pursue study on different topic such as the method
that can be used to evaluate and enhance overall performance of employees. So, overall the experience of
making the project or completing study on talent management in context of Morrison's was quite
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interesting and useful.
4 – Business Case Presentation
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References
Agarwal, T., 2018. Effect of talent management practices and organisational performance on
employee retention: Evidence from Indian it firms. Journal of Internet Banking and
Commerce, 23(1). pp.1-16.
Aljbour, A., French, E. and Ali, M., 2021. An evidence-based multilevel framework of talent
management: a systematic review. International Journal of Productivity and
Performance Management.
Altindağ, E., Çirak, N.Y. and Acar, A.Z., 2018. Effects of talent management components on
the employee satisfaction. Journal of Human Resources Management Research, 2018,
pp.1-20.
Alvarenga, J.C and et.al.,2019. The project manager core competencies to project
success. International Journal of Managing Projects in Business.
Basu, R., 2017. Managing project supply chains. Routledge.
Boselie, P., Thunnissen, M. and Monster, J., 2021. Talent management and performance in
the public sector. In The Routledge Companion to Talent Management (pp. 201-214).
Routledge.
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Buttrick, R., 2018. The project workout: The ultimate guide to directing and managing
business-led projects. Routledge.
Chamorro-Premuzic, T., Polli, F. and Dattner, B., 2019. Building ethical AI for talent
management. Harvard Business Review, 11. p.2019.
Chen, G.K.W., Tansley, C. and Chou, R.C.C., 2021. Towards liminality competence: a
migrant's talent identity narratives for re-imagining global talent management. Journal
of Organizational Effectiveness: People and Performance.
Cleden, D., 2017. Managing project uncertainty. Routledge.
Hopkinson, P and et.al., 2018. Managing a complex global circular economy business model:
opportunities and challenges. California Management Review, 60(3). pp.71-94.
Klünder, T., Dörseln, J. N. and Steven, M., 2019. Managing Uncertainties in the Project 4.0
Lifecycle. In Agile Approaches for Successfully Managing and Executing Projects in
the Fourth Industrial Revolution (pp. 119-140). IGI Global.
Locatelli, G and et.al., 2017. The successful delivery of megaprojects: a novel research
method. Project management journal, 48(5). pp.78-94.
Mupepi, M. ed., 2017. Effective talent management strategies for organizational success. IGI
Global.
Payne, J., Roden, E .J . and Simister, S., 2019. Managing Knowledge in Project
Environments. Routledge.
Serrat, O., 2017. A primer on talent management. In Knowledge Solutions (pp. 385-393).
Springer, Singapore.
Yazid, Z., Osman, L. H. and Hamid, R. A., 2018. Managing conflict in the self-managed
project team. International Journal of Business & Management Science, 8(2).
Zwikael, O., Chih, Y. Y. and Meredith, J. R., 2018. Project benefit management: Setting
effective target benefits. International Journal of Project Management, 36(4). pp.650-658
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