Talent Management Project: Strategies for SJ Henderson Fulfilment Ltd.

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Added on  2023/06/18

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This report examines talent management strategies at SJ Henderson Fulfilment Ltd., a UK-based business, focusing on talent retention and attraction. It outlines the aims and objectives of the research, including analyzing the concept of talent management, identifying challenges in retaining employees, and determining suitable talent strategies. The report includes a project management plan with cost, time, scope, communication, risk, resources, and quality considerations, along with a work breakdown structure and Gantt chart for project scheduling. Primary research, using questionnaires distributed to 20 SJ Henderson Fulfilment Ltd. employees, was conducted alongside secondary research methods. The questionnaire explores employee knowledge of talent management, the need for such strategies, key reasons for implementation, the importance of employee retention, its impact on functional areas, challenges faced, the effectiveness of current strategies, benefits of talent management, and potential improvements. The findings are analyzed using graphs and interpretations, highlighting themes such as the understanding of talent management concepts, the perceived need for talent management strategies, and the importance of employee retention for long-term growth.
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Managing a successful
business project
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INTRODUCTION...........................................................................................................................3
TASK1.............................................................................................................................................4
PART A...........................................................................................................................................4
Aims and Objectives...............................................................................................................4
P2 Project management plan..................................................................................................4
P3 Work breakdown Structure and Gantt chart......................................................................5
PART B............................................................................................................................................8
P4 Research Methodology......................................................................................................8
TASK 2..........................................................................................................................................22
CONCLUSION..............................................................................................................................22
Recommendation..................................................................................................................22
TASK 3..........................................................................................................................................23
Reflection.............................................................................................................................23
REFERENCES..............................................................................................................................24
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INTRODUCTION
Managing a successful business plan is a process in which business organisation undertake
in the evaluation of planning organising directing and controlling various business activities to
fulfil business goals in successful way (Alharbi and Javed, 2021). Talent management is an
essential aspect or organisation through which they can manage workforce in an effective
manner. Talent management aid organisation to fulfil organisational objectives aim and
objectives while managing employee’s performance and their motivation level simultaneously.
This report is conducted on SJ Henderson Fulfilment Ltd. Which is performing its business
services in United Kingdom. Report is conducted on the use of best talent management strategies
through which organisation can retain and attract people. For this aim, objectives and questions
has been framed in terms of selected company. Report further includes project plan, work
breakdown structure, Gantt chart, data analysis, recommendation and reflection.
TASK1
PART A
Aims and Objectives
Research Aim-
“To identify the best strategies company can use to retain and attract individuals”. A case
study of SJ Henderson Fulfilment Ltd.
Research Objectives-
To analyse the concept of talent management
To determine primary challenges that SJ Henderson Fulfilment Ltd. experienced in the
process of retaining employees.
To identify suitable talent strategies SJ Henderson Fulfilment Ltd. implement attracts and
retain individuals.
Research Questions-
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What is the concept of talent management?
What are the challenges that SJ Henderson Fulfilment Ltd. experienced in the process of
retaining employees?
What are the suitable talent strategies SJ Henderson Fulfilment Ltd. implement to attract
and retain individuals?
P2 Project management plan
Cost:
Overall amount that project manager undertakes to fulfil project objectives. In terms with
present research, researcher set appropriate budget to cover all activities cost in order to conduct
process without facing the issue of over expense.
Time:
To fulfil present research objectives, investigator need 2 months of time duration to
execute all project activities in proper time frame.
Scope:
Present research is having wider scope as it includes talent management strategies to
retain employees that will benefit company for long run.
Communication:
To execute all research activities effectively researcher will undertake use of proper
communication tools like texts, emails etc to provide essential information’s to team mates
adequately.
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Risk:
There are certain risks that investigator can face in the process of research execution,
these risks can be in terms of time management (Anand and Cato, 2021). This can be overcome
with the help of managing time with the help of tools like Gantt chart.
Resources-
In order to fulfil present research objectives there are certain resources such as human
resource, organisation assets and finance needed to accomplish objectives effectively.
Quality:
To maintain project quality, researcher will maintain all ethical standards and will adhere
to the principles of accountability and transparency.
P3 Work breakdown Structure and Gantt chart
Gantt chart:
It is basically a graphical representation which is inclusive of series of horizontal lines. It
states project schedule (Meister and Willyerd, 2021). To fulfil present research objectives
researcher, use this tool to graphically plan, coordinate and track project deliverables.
Work breakdown structure: -
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This tool divides project different tasks into sub-groups in order to accomplish all
activities in proper time frame (Pelletier-Bosshard, 2021). With the help of this tool researcher
break down project complex components into manageable parts to fulfil them effectively.
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PART B
P4 Research Methodology
Primary research method:
This form of data collection method allows researchers to take advantage of tools like
questionnaire, interview and more to acquire viewpoint of respondents. In terms of present report
researcher undertake advantage of questionnaire as to acquire respondent’s viewpoint on the
selected topic (Priyanka, Kumar and Tiwari, 2021). Primary reason behind taking advantage of
this method is to maximize accuracy and viability of data to conduct research objective.
Secondary research method:
In this form of data collection method research take use of already existing sources such
as newspaper, online article, magazines, journals etc (Vayre, 2021). This allows investigator to
fulfil research objectives with authenticated information and data.
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Qualitative research:
In this process investigator collect and evaluate numerical data as to test causal
relationship in order to make prediction among large group of population (Tam and Gray, 2021).
In this investigator undertake use of graphs and charts to analyse collected information with the
help of interpretation.
Quantitative research:
It is mainly based upon statistical and numerical information in which researcher evaluate
view point of respondent’s responses to execute research process effectively. With the help of
this investigator acquire view point in more practical manner as compared to qualitative method.
From the analysis of above discussion, it has been identified that researcher with the help
of quantitative method with the assistance of questionnaire acquire information and data to fulfil
research objectives (Rezwan, 2021). With the assistance of sampling method 20 respondents has
been selected to those who are employees of SJ Henderson Fulfilment Ltd. Primary reason
behind selecting employees as respondents is that they are having valid and accurate information
of the present research area.
Questionnaire
Q1) Do you have any knowledge about talent management concept in context to
organisation?
a) Yes
b) No
Q2) According to you, why there is a need of talent management strategies for an
organisation?
a) Increase in employees and business performance
b) Positive brand image
c) Neither needed nor important
Q3) As per your opinion what is the key reason that had made implementation of talent
management important for SJ Henderson Fulfilment Ltd.?
a) Higher level of consumer satisfaction
b) Motivated workforce
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c) More growth and development opportunities
d) Decrease in labour turnover
Q4) What do you think, it is important for SJ Henderson Fulfilment Ltd to retain
employees for long term growth?
a) Yes
b) No
Q5) According to you, in what way employee retention impact over SJ Henderson
Fulfilment Ltd. functional area?
a) Positive
b) Negative
c) Neutral
Q6) What are the challenges that SJ Henderson Fulfilment Ltd. is facing in retaining
employees within organisation for longer period of time??
a) Lack of communication with employees
b) Lack of motivation
c) Compensation packages
Q7) According to you, does SJ Henderson Fulfilment Ltd. leaders’ managers have
executed competent strategies to retain employees?
a) Yes
b) No
Q8) What are the possible benefits of implementing strategies of talent management in
context with organisation?
a) Motivated employees
b) Deeper employee engagement
c) Improved performance management
d) Increase in employee’s performance and productivity
Q9) What are the best strategies that SJ Henderson Fulfilment Ltd. can implement to
overcome the challenges of implementing talent management strategies to retain
employees?
a) Attractive recognition and rewards
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b) Tracking and measuring performance
c) Providing career development opportunities
d) Training and development programs
Q10) Suggest the ways SJ Henderson Fulfilment Ltd. can retain and attract employees
to gain more competitive advancements?
Findings and data using appropriate tools and techniques
Q1) Do you have any knowledge about talent management concept in
context to organisation?
Frequency
a) Yes 18
b) No 2
Q2) According to you, why there is a need of talent management
strategies for an organisation?
Frequency
a) Increase in employees and business performance 10
b) Positive brand image 5
c) Neither needed nor important 5
Q3) As per your opinion what is the key reason that had made
implementation of talent management important for SJ Henderson
Fulfilment Ltd.?
Frequency
a) Higher level of consumer satisfaction 11
b) Motivated workforce 4
c) More growth and development opportunities 5
Q4) What do you think, it is important for SJ Henderson Fulfilment Ltd
to retain employees for long term growth?
Frequency
a) Yes 15
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b) No 5
Q5) According to you, in what way employee retention impact over SJ
Henderson Fulfilment Ltd. functional area?
Frequency
a) Positive 9
b) Negative 6
c) Neutral 5
Q6) What are the challenges that SJ Henderson Fulfilment Ltd. is facing
in retaining employees within organisation for longer period of time??
Frequency
a) Lack of communication with employees 13
b) Lack of motivation 4
c) Compensation packages 3
Q7) According to you, does SJ Henderson Fulfilment Ltd. leaders’
managers have executed competent strategies to retain employees?
Frequency
a) Yes 12
b) No 8
Q8) What are the possible benefits of implementing strategies of talent
management in context with organisation?
Frequency
a) Motivated employees 7
b) Deeper employee engagement 5
c) Improved performance management 4
d) Increase in employee’s performance and productivity 4
Q9) What are the best strategies that SJ Henderson Fulfilment Ltd. can
implement to overcome the challenges of implementing talent
management strategies to retain employees?
Frequency
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a) Attractive recognition and rewards 5
b) Tracking and measuring performance 3
c) Providing career development opportunities 6
d) Training and development programs 6
Analysis
Theme 1: Talent management concept
Q1) Do you have any knowledge about talent management concept in
context to organisation?
Frequency
a) Yes 18
b) No 2
a) Yes b) No
0
2
4
6
8
10
12
14
16
18
20 18
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Chart Title
Interpretation:
According to the above graph it has been distinguished that 18 out of 20 respondents are
knowing about the idea of ability the board in wording with association. According to their
perspective talent management is a fundamental viewpoint for organization as far as overseeing
work. While staying 2 respondents doesn't have any information with something similar.
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