Managing a Successful Business Project: Talent Management at TESCO

This project report delves into talent management practices, focusing on a case study of TESCO. It begins by outlining the project's aims and objectives, which include analyzing talent strategies for attracting and retaining employees. A comprehensive literature review establishes the foundation, followed by a project management plan encompassing time, scope, cost, and quality considerations. The report then details the work breakdown structure and Gantt chart used to organize tasks. Research methods, including primary and secondary data collection, are explained. Data presentation and findings are presented, with interpretations from surveys. The report offers recommendations for TESCO, emphasizing the importance of job descriptions. A reflection on the learning experience is included, followed by a conclusion summarizing the key findings and recommendations. References support the research and analysis.

Managing a Successful
Business Project

Table of Content
 Introduction
 Project aims and objectives
 Literature Review
 Project management plan
 Work breakdown structure and Gantt chart
 Research Methods
 Presentation of the data and findings
 Communication of the recommendations
 Reflection
 Conclusion
 References

Introduction
Talent management refers to the practices of managing activities related to human
resources at work place. It is a wide approach which comprises ample of activities
such as hiring, selecting, motivating work force in significant manner so that they
remain with company for longer duration. It is stated that talent management is really
helpful in retaining employees for longer run.

Project Aim and Objectives
 Aims and objectives of the research
 Aim: “To analyse different talent strategies do the best companies use to attract and retain
people”. A study on TESCO.

 Objectives of the research:
 To understand the basic concept of talent management strategies
 To analyse the different talent strategies do TESCO uses to attract and retain people
 To identify various challenges faced in the course of effective talent management strategies in
TESCO.

Literature Review
 The basic concept of talent management strategies
 Talent management strategies are very important for organisations that can help in understanding the
power of job descriptions. There are job descriptions that can be used as a part of talent management
strategy to evaluate the job title, overall duties, work relationship and employee benefits. Talent
management strategy is related with assessment of the candidates cultural fit. It can be difficult to
identify a proper culture that is suitable as per employee functioning. In organisations like Tesco the
present culture of organisation can be helpful in identification of the different ways in which a
proper culture can be developed (De Boeck, and et.al., 2019)

Project Management Plan
 Time
 Time is also essential element in which it depicts recording the time interval of a research
completion. It is also necessary to complete the research on time and every task on the given deadline.
 Scope:
 It is an also important element in which it is reflects about the scope of a research which is
being conducted.
 Cost
 When implementing a conducting research it is essential for investigator to have a proper analysis
over cost and capital which is linked with process of carrying out research and till completion stage
(Barafort, 2017

Continue…
 Scope:
 It is an also important element in which it is reflects about the scope of a research which is
being conducted. S
 Time
 Time is also essential element in which it depicts recording the time interval of a research
completion
 Quality
 Quality refers to how well the information and data has been collected within the research.
 Communication
 Communication also play important role and without which it is not easy for team
members and investigating to execute activities properly.

Work Breakdown Structure and Gantt Chart
 Work breakdown structure is a kind of a technique which is mostly used by organisations with aim
of segmentation of work and project into simple and small parts. So, implementation of this tool it
becomes easier for individual to understand work and responsibilities in well-defined manner
(Retnowati, 2018).

Continue…
Gantt chart is another tool which is used
by enterprises in which it is used with the
purpose of allocation of different task and
activities on the basis of its complexity
level. With the help of it gives a brief
information about everyday activities
whether they are being completed on the
given deadline or not and who is
responsible for it.

Research Methods
Primary data: It is the data that is collected by the investigator for the first time as per specific
requirements of research (Fetters and Molina-Azorin, 2019). It is first hand collected information
for specific study.
Secondary data: it includes the data that exists and collected from various sources that are not new.
In the present research report there are different secondary sources that are used as for specific
requirements of research.

Presentation of the data and findings
Q1 Do you posses’ knowledge about talent management aspect? Frequency
a) Yes 30
b) No 10
Notion of talent management
 Interpretation: : It is interpreted from the above
discussed graph that when it was questioned about
knowledge related to talent management aspect in Tesco.
30 respondents had a positive response as they possess
detailed overview about the concept of talent
management in Tesco the remaining 10 respondents had
a negative response because they do not possess any
information related to the topic.

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Interpretation: : From the above provided graph it can be
said that while it was questioned about different talent
management strategy that can be helpful for Tesco in
achievement of higher competitive advantage in long run.
36 employees out of 40 had a positive view point as they
felt that there is a direct connection between effective
talent management and higher competitive advantage.
Q3 Is talent management strategies helpful for TESCO in
achievement of competitive advantage in long run?
Frequency
a) Yes 36
b) No 4