A Case Study: Talent Management and Business Succession

This report examines talent management strategies and their impact on business succession, using a case study of Aston Martin. The report begins by defining human resource management and its role in organizations, emphasizing the importance of selecting the right candidates and developing effective business strategies. It outlines the research aim to identify effective talent management strategies, along with specific objectives and research questions. The methodology employed includes both qualitative and quantitative research approaches. Findings from the research, including survey results on talent management understanding and implemented strategies, are presented. The report concludes that talent management is crucial for attracting and retaining skilled workforces, supporting long-term sustainability and organizational goals. Various strategies and initiatives are utilized to improve working capabilities. This assignment is available on Desklib.

Research Project

Introduction
Human resources management is defined as, it is the backbone of the
organization and responsible for hiring, recruiting, selecting candidates for the
organization. In the prospective of organization, HRM department has to be
followed these process fort select the appropriate candidate. It also responsible
to develop the strategies for commercial enterprise or operation, so that
business can run smoothly and effectively.

Aim, Objectives and Research Questions
Research aim
“To identify the effective strategies for talent management for improving
business succession at global level” A case study on Aston Martin.

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Research objectives
• To investigate regarding basic conceptual framework of talent management.
• To explore the talent management strategies and their impact over
organisational success at global level
• To identify the challenges faced by Aston Martin while implementing talent
management strategies in business.

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Research Questions
• To investigate regarding basic conceptual framework of talent
management.
• To explore the talent management strategies and their impact over
organisational success at global level
• To identify the challenges faced by Aston Martin while implementing
talent management strategies in business.

Approaches and Methodologies
• It is e categorized on the basis of both qualitative and
quantitative research.

Findings
Theme 1: understanding about talent management
Q1) Do you have sustained understanding about talent management within an
organisation?
Frequency
a) Yes 32
b) No 8

Theme 2: strategies in order to improvise
talent management.
Q2) Do you believe that management induce various strategies in order to improvise talent
management within Aston Martin?
Frequency
a) Yes 34
b) No 6

Conclusion and Recommendations
It has been concluded from the above report that talent management is a
fundamental basis through which possibility to attract and retain potential and
skilled workforce that collectively advance the ability to achieve long term
sustainability and standardised goal in favoured manner. In this organisation make
supportive usage of various strategies and initiative to advance and improvise
working capability with perfection