BTEC HND Business Unit 6: Talent Management Project

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Added on  2022/11/24

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Project
AI Summary
This project delves into the realm of talent management within the business context, specifically using Bentley Motors as a case study. The project commences with an introduction to talent management, highlighting its significance in recruiting and retaining competent personnel to maximize individual potential and enhance overall organizational productivity. The project's aims and objectives are clearly defined, focusing on evaluating talent strategies for employee recruitment and retention. A comprehensive literature review establishes a theoretical foundation, drawing on existing research. The project then outlines a detailed project management plan, encompassing costs, communication strategies, and risk assessments. A work breakdown structure and Gantt chart are included to illustrate the project's timeline and task organization. The research methods employed, including primary and secondary research, are described. A reflection section provides insights gained during the project, followed by a concluding summary that emphasizes the importance of talent management in enhancing organizational performance. The project's conclusion underscores the relevance of talent management, particularly for small and medium enterprises in attracting and retaining a skilled workforce. References to supporting academic literature are also provided.
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Managing a Successful
Business Project
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Table of Content
Introduction
Project aims and objectives
Literature Review
Project management plan
Work breakdown structure and Gantt chart
Research Methods
Reflection
Conclusion
References
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Introduction
Talent management is the basic process of managing the process of
managing and retaining of competent personnel in order to maximize the
level of individual potential. The main aim of talent management process
is to enhance the overall organisational productivity in order to manage
the individual level contribution.
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Project Aim and Objectives
Aim: “To evaluate the business's talent strategies for recruiting and maintaining their employees.” A
case study on Bentley Motors.
Objectives:
To develop a decent comprehension of the importance of talent management in the workplace.
To investigate the concepts that must be followed while implementing talent management methods
in Bentley Motors.
To examine the impact of talent management on the Bentley Motors's working environment.
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Literature Review
As per valamis (2021), talent management is a constant process that involves retaining and
attracting of high quality employees. This process is used for the purpose of developing
the skills in order to continuously motivate the employees to improve the level of
performance. The main objective of talent management process in an organisation is to
create a motivated workforce that can enhance the organisation of contribution in long
run. In the present scenario the importance of talent management is to attract and retain
talented workforce towards supporting the organisational outperformance.
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Project Management Plan
Project management plan provides in-depth understanding of the different aspects of a
project that includes time communication cause scope risk resource and requirements for
execution of a research work. Project management plan in context of present research is
mentioned below.
Cost: it is associated with the requirement of over of financial resources in order to
execute various important functions in the course of research work. It generally includes
costs associated with travel expenditure legal process and equipments required for
completing project.
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Communication: for the purpose of communicating the research work to different
interested parties it is important to use communication skills. There is also use of verbal
and written communication skills to manage the communication channels between all the
team members.
Risks: There is associated risk in terms of uncertainty that exist in the future outcomes.
There can be scarcity of resources or limited availability of time that may affect the overall
uncertainty and higher risk level.
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Work Breakdown Structure and Gantt Chart
Work Breakdown structure: Work breakdown structure is a productivity of rose in which all the
activities are divided into smaller parts. In this each activity has to be divided in order to enhance the
overall effectiveness in the process of research work completion.
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It is associated with project
management tool for the purpose
of creating timelines for each of
the activity in the research. It
simplifies the process of
recording activities that have to
be completed in the course of
research work.
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Research Methods
Using a wide range of research methodologies, the study may be completed effectively
and effectively.
1. Primary Research
2. Secondary Research
Both of the above mentioned methods are used in the present course of research work in
order to reach to relevant recommendations for sollatek.
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Reflection
The present research report helped me in maximizing my communication and researching skills.
This process helps in understanding the key requisites for the purpose of reaching to relevant
recommendations and conclusions. I have been able to evaluate various collaborative
management skills to deal with the conflicts that are arising in the course of talent management
process.
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Conclusion
In the above discussed information it is summarizer talent management process is used for
the purpose of maximizing the overall performance in organisations. In case of Small and
medium enterprises this process is necessary in order to recruit and retain the talented
workforce.
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