Effective Talent Management Strategies and H&M Case Study Report

Verified

Added on  2022/12/28

|12
|554
|49
Report
AI Summary
This report examines effective talent management strategies and their impact on business performance, using H&M as a case study. It begins with an introduction to talent management, distinguishing it from traditional human resource management. The report then outlines the research aim and objectives, focusing on identifying talent management strategies, assessing their impact on employee performance, and analyzing the challenges faced by H&M. A literature review provides context for the study, followed by a description of the methodology, including data collection and analysis methods. The analysis includes data on the knowledge of talent management strategies and the various strategies employed, such as job descriptions, recruitment, training, and rewards. The conclusion summarizes the key findings, emphasizing the importance of talent management in recruiting, retaining, and developing personnel. Finally, the report provides recommendations for H&M to overcome talent management challenges and improve market competitiveness. References from Anlesinya and Amponsah-Tawiah, and Farndale, Morley and Valverde are included to support the analysis.
Document Page
Talent Management
(To examine effective talent
management strategies along with
their importance in improving
business performance. A study on
H&M)
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
Content
Introduction
Aim and Objectives
Literature Review
Methodology
Data analysis
Conclusion and Recommendations
Document Page
Introduction
Human resource management includes talent management but
many firms have separate departments of human resource but
are transactional.
It describes that firms are fulfilling needs but are unable to
predict people's future requirements and needs.
Document Page
Research aim and objective
Research Aim
The purpose of this research is to examine effective talent management strategies
along with their importance in improving business performance. A study on H&M.
Research Objectives
To examine various strategies of talent management used within an organisation
To identify the impact of talent management on performance of employees within
H&M
To determine the challenges faced by H&M because of ineffective talent
management
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
Literature review
According to Anlesinya and Amponsah-Tawiah, (2020), talent
management is that part of an organisation which is fully
dedicated in attracting, keeping and developing best personnel
and candidates from the market.
According to Farndale, Morley and Valverde, (2019), talent
management helps in managing workforce of an organisation
by developing their skill and capability so that they can be
retained.
Document Page
Methodology
Data Collection and Analysis refers to the procedures and
techniques used while conducting the research.
The researcher have to choose between the primary and
secondary data and between quantitative and qualitative data
collected from the different sources
Document Page
Data analysis
Q1 Do you have knowledge about the strategies of talent management? Frequency
a) Yes 40
b) No 10
a) Yes b) No
0
5
10
15
20
25
30
35
40
40
10
Frequency
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
Continue
Q2 What are the various strategies of talent management used by an
organisation?
Frequency
a) Description of job 10
b) Recruiting top talent 20
c) Development employees through training sessions 15
d) Giving rewards and appreciation 5
0
6
12
18 10
20
15
5
Frequency
Document Page
Conclusion and Recommendation
From the above mentioned report it has been summarized that
talent management is a key component of human resource
management because it helps in recruiting, retaining and
developing of personnel.
Document Page
Continue
From the above given research it has been observed that H&M
has faced challenges due to ineffectiveness of talent
management, so there are some recommendations that can be
followed by H&M to overcome these challenges. So these
would help H&M to become more profitable and successful in
the market among its competitors.
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
References
Anlesinya, A. and Amponsah-Tawiah, K., 2020. Towards a responsible talent management model. European Journal of Training and Development.
Chahal, H. and Kumari, A., 2013. Examining talent management using CG as proxy measure: a case study of State Bank of India. Corporate Governance: The international journal of
business in society.
Farndale, E., Morley, M.J. and Valverde, M., 2019. Talent management: Quo vadis?.
Document Page
THANK-YOU
chevron_up_icon
1 out of 12
circle_padding
hide_on_mobile
zoom_out_icon
[object Object]