Assessing Talent Management Strategies: Google LLC Project Report

This report provides a comprehensive analysis of talent management strategies, focusing on Google LLC as a case study. The report begins with an executive summary and table of contents, followed by an introduction that highlights the importance of human resources and the need for skilled employees. It outlines project aims and objectives, including determining the need for talent management, evaluating the importance of employee retention, and analyzing Google's talent strategies. The project management plan details cost, scope, time, quality, communication, risk, and resources. A work breakdown structure and Gantt chart are used to manage the project's timeline. The research methodology includes primary and secondary methods, as well as qualitative and quantitative research approaches, with a questionnaire used to gather data from a sample of 50 participants. Findings are presented using appropriate tools, and recommendations are provided based on the research. The report concludes with a reflection and a conclusion, summarizing the key findings and implications. The report covers various aspects such as project aims and objectives, project management plan, work breakdown structure, Gantt chart, research methodology, findings and data using appropriate tools and techniques, appropriate recommendations, reflection, and conclusion.

Managing a Successful
Business Project
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Executive Summary
Hiring and retaining talented and skilled people within a company is critical for its long
term success. This report is aimed at assessing strategies that big companies use for talent
management and for the sake of ease of presentation, Google LLC is chosen as company which
has aimed to determine need of talent management and importance of retaining talent in the
company. Project management report for the above mentioned aims have been developed and
various determinants such as risk, time, cost and scope are identified. Necessary techniques and
tools have been used by researcher to data and information for the research methodology.
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Table of Contents
Executive Summary.........................................................................................................................2
TOPIC: “What talent strategies do the best companies use to attract and retain people?”.............4
Introduction......................................................................................................................................4
Main Body.......................................................................................................................................4
P1 Project aims and objectives ...................................................................................................4
P2 Project Management plan......................................................................................................5
P3 Work breakdown structure and Gantt Chart..........................................................................6
P4 Small-scale research methodology for meeting project aims and objectives (650 words)....8
P5 Findings and data using appropriate tools and techniques (575 words)..............................10
P6 Appropriate recommendations (75 words)..........................................................................12
Task 4.............................................................................................................................................12
P7 Reflection (120 words)........................................................................................................12
Conclusion (120 words).................................................................................................................12
References......................................................................................................................................13
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TOPIC: “What talent strategies do the best companies use to attract and
retain people?”
Introduction
Human resource is most important resource for a company as it is responsible for
planning, procuring and implementing all other resources of a company in an orderly manner. It
is very important for a company to hire and retain skilled and talented people in order to be
successful in long run (Polonsky and Waller, 2018). Researching talent management in Google
LLC is chosen for this report. Google LLC is an American technology company that offers
specialised internet related services and products. This report aims to present project aims and
objectives, project management plan, work breakdown structure and Gantt Chart, research
methodology as well as reflection of the research and recommendations to company.
Main Body
P1 Project aims and objectives
Overview of the Organisation
Google LLC was founded in 1984 by Larry Page and Sergey Brin. Its headquarters is at
California, USA. It offers services like online advertising, search engine, cloud computing,
software, hardware, etc. In 2015, Google reorganised its various business concerns into a
conglomerate named as Alphabet Inc. with Google LLC as its subsidiary dealing in internet
related products and services (Rowden, 2017).
Research Aim
“To assess different talent strategies used by best companies for attracting and retaining
people.” - A study on Google LLC
Research Objectives
 To determine need of talent management in a company
 To evaluate importance of retaining employees in company ?
 To analyse different talent strategies adopted within Google
Research Questions
 What are need of talent management in a company ?
 What is the importance of retaining employees in company ?
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 What are the different talent strategies adopted within Google ?
P2 Project Management plan
Project Management Plan
It is a written plan developed to identify all stages of the project in a sequenced manner.
Every stage right from initiation of the project, planning the project, its execution and then its,
monitoring and controlling to closing it, is properly documented (Bell and Harrison, 2018). Its
main purpose is to develop structure of the projects as well as to identify all the information
required to complete the project that will be communicated with all stakeholders of the project.
This provides a direction to the project manager and helps in saving unnecessary time and cost.
Components of project management plan are mentioned below:
Cost – Cost refers to the amount which company has to incur in order to complete the
research project. For completing this research, company had to spend around £650 for
information and data collection through primary sources. It had to cost around £100 more for
information and data collection through secondary sources. Therefore, it becomes important for
company to prepare a budget in advance.
Scope – This involves determining and documenting specific aspects related to project
goals, deliverables, tasks and functions. This project is aimed at talent management and will help
company in assessing importance of talent management as well as will help them in devising
such strategies that will be helpful in retaining talented people in Google LLC.
Time – This refers to the estimated time that will be taken for successfully completing the
specified project (Patanakul, 2015). It is required that time frame for each step of project is
decided in advance so that work is completed as per decided. Time-framework for this project
has been designed with the help of Gantt Chart and Work breakdown structure. Researchers had
taken 5 weeks to complete this research and further 7 weeks are expected to be taken by Google
LLC to design and implement strategies based on the outcomes and recommendations of this
research report.
Quality – This refers to the quality in sources of information collection so that data
processed can be treated as authentic. Secondary information of this project has been taken from
only certified sources to be assured of quality of work. Also, company needs to maintain sources
and information confidential so as to ensure that quality is unadulterated.
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Communication – This refers to communication of project information to all the
stakeholders of the research (Kendrick, 2015). It includes deciding communication channel and
can be both ways – written as well as oral. For conducting this research, both written as well as
oral communication channels have been used. Management and retaining people are functions of
HR department of the company and while senior management develops strategies, they are
implemented throughout company personnel in a written manner so so to make things official,
authentic and verifiable.
Risk – This includes mentioning of all the risks that are associated with and are
experienced by researchers. These are risks of different types and includes risk of limited
resources, limited sources, funds crunch, inaccurate responses, etc. Also, company faces risk in
the form of lack of talent among staff, inadequacy of skilled staff, inaccurate data presented and
information analysed, etc.
Resources – This includes all the resources that researchers had used while conducting
research. Researcher had used resources like pen, paper, time, responses, etc. which were
necessary to conduct a complete research project while company require resources like talented
employees, correct data, authentic sources, etc.
P3 Work breakdown structure and Gantt Chart
Researchers used various methods to determine time-frame of the project structure.
Below mentioned are the techniques used by Google LLC to determine the time-frame of the
research project:
Work Breakdown Structure
This structure helps in dividing project process into simple sequential steps. This enables
dividing complex work into manageable tasks forms which makes it easy and target bound for
project manager to complete the project process (Nicholas and Steyn, 2017). WBS is used for
both project management as well as research management. This determines roles and
responsibilities related to project management, along with cost, risk involved and developing
correct sources to generate information.
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Gantt Chart
This is a bar chart type which helps in determining relationship between schedules status
and real time activity performance (Artto, Ahola and Vartiainen, 2016). It is presented in vertical
and horizontal axis which have the legend of indicating status of work and status of activities in a
structured and planned manner so that project can be completed in an effective and efficient
manner. It includes various parts such as bars, dateline, lists, timelines, etc. which helps in
executing project management functions such as planning, organising and controlling activities
in an optimum manner.
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P4 Small-scale research methodology for meeting project aims and objectives (650 words)
This refers to identification and determination of specific tools and techniques which are
used for defining, assessing, processing and analysing all the data and information concerned to
specified project (Young, 2016.). This helps in evaluating validity and reliability of project
information in orderly manner. Below mentioned is the research methodology used by
researchers in this project:
Primary Method – This method denotes that data which has been collected first-hand. It
is raw data which is collected by researcher according to the identified problem and the required
research aim. Since, it is collected by researcher themselves, it is time consuming and more cost
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incurring method. It includes method such as interviews – personal and telephonic, questionnaire
evaluation, case studies, focus groups, etc.
Secondary Method – This method involves using data of other researchers and scholars.
Therefore, this data is also known as second hand information (Lundin and et.al. 2015).
Researchers take cues from varied sources like journals, articles, books, websites, reports,
magazines, etc. This method is less cost and time consuming as the data has already been
compiled and analysed by someone else. However, since the data had been analysed with some
other research aim, this is said to be less reliable source of information than primary sources.
Qualitative Research – This method of research does not include all those data and
information which have been expressed in numerical terms. They includes sources of
information like photographs, words, observation and others. This is taken into consideration to
include other factors like opinions, observations, reasons behind the behaviour included in
research aim. Primary sources are preferred for qualitative research to be assured of the accuracy
of the information being extracted. Therefore, sample size of this method of research is very
small and the respondents are expected to fill all the data in an orderly manner.
Quantitative Research – This method of research includes all the information which can
be expressed in numerical or statistical terms (Vom Brocke and Lippe, 2015). It is able to record
qualitative information into quantitative terms in form of opinions. Sample size of this method of
research is usually large and it forms the main basis of analytical research data for it is easy to
interpret.
From all the above research methods, it is important for researcher to use primary
research methodology along with qualitative methodology to determine necessary data required
for analysing. The data sources and sample size of the research must be reliable. For primary
research and qualitative research analysis, company has prepared questionnaire to collect opinion
data in an orderly manner.
Sampling – This is process of deciding size of participants out of whole population in
order to convert information into numerical and statistical information. Sample size of 50 is
chosen for the research project.
Questionnaire – It contains various open and closed ended questions related to the
research aim in order to arrange for appropriate information from various participants so that it
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can be analysed and report recommendation can be prepared. Below mentioned is questionnaire
for specified research:
Questionnaire
Q1) Do you think there is a need for talent management within company?
a)Yes
b) No
Q2) Do you realise the importance of retaining employees within company?
a) Yes
b) No
c) Cannot say
Q3) Why do employees leave company?
a) Poor salary and other benefits
b) Dissatisfaction by management
c) Poor working environment
d) Better opportunities to develop offered by other company
e) Any other reason
Q4) Which is the best strategy to retain employees within company?
a) Detailed job descriptions to be provided
b) Providing healthy and safe working environment
c) Provide continuous training and development opportunities
d) Reward employees – both monetarily and non-monetarily according to performance
e) Any other strategy
Q5) Other reasons of employee turnover and strategies suggested to retain employees...
P5 Findings and data using appropriate tools and techniques
Theme 1
Q1) Do you think there is a need for talent management within
company?
Frequency
a) Yes 28
b) No 22
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Interpretation- This has been concluded form the presented graph that among the population of
50 respondents that 28 are agreed and reviewed that management of talent within the business
venture is required to retain and manage skilled employees so that the business of the firm can
operate in effective in more developed manner. Whereas remaining 22 are disagreed with it and
responded that there is no need for talent administration with the business enterprise for the
development and organisation of business enterprise.
Theme 2
Q2) Do you realise the importance of retaining talent within
company?
Frequency
a) Yes 30
b) No 12
c) Cannot Say 8
Interpretation- It has been concluded from the mentioned visual communication that between
the group of 50 individuals, 30 are replied that retaining talent within the venture is crucial as it
assist in growth and success of the company by making use of its all efforts and effectiveness in
operating business activities and operations in successful manner. Along with this, enduring 12
are responded that retaining of skilled workers in organisation is not essential whereas remaining
8 are not supported to any view as they do not sure with the importance of retaining talent within
establishment or not.
Theme 3
Q3) Why do employees leave company? Frequency
a) Poor salary and other benefits 12
b) Dissatisfaction by management 8
c) Poor working environment 5
d) Better opportunities to develop, offered by other company 5
e) Any other reason 20
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Interpretation- It has been analysed for the statistical data that within the group of 50
representatives, 12 people are replied that poor salary and other advantages is one of the key
reason in context of leaving the firm. When people are not satisfied with their salary then they
leave the venture. 8 individuals are supported to dissatisfaction by management is the main
reason behind employees leaving the organisation whereas enduring 5 agreed with poor working
environment is main cause due to which workers leave the organisation. While remaining
responded regarding better opportunities to development, offer by other company as people
attract regarding them in term of growth their career and gain effective benefits. Enduring 20 are
supported to any other reasons of leaving business firm.
Theme 4
Q4) Which is the best strategy to retain employees within
company?
Frequency
a) Detailed job descriptions to be provided 12
b) Providing healthy and safe working environment 18
c) Provide continuous training and development opportunities 6
d) Reward employees – both monetarily and non-monetarily according
to performance
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e) Any other strategy 10
Interpretation- This has been concluded from the above mentioned visual communication that
between the population of 50 people, 12 are supported to detailed job explanation is the main and
effective strategy which assist and enable in retaining workers within the business organisation.
Whereas remaining 18 are agreed with offering healthy and safe workplace, where people can
perform their duties in more developed manner, is the essential plan in term of retaining workers
in establishment. While 6 are agreed with constant training and development optons and 4 are
responded towards remunerating workers are effective strategies which can be considered by the
venture in term of retaining manpower. Remaining 10 are supported to any other strategy which
enable in retaining talented people in business firm.
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