Evaluating Talent Management at Tesco Plc: A Research Project

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This research project investigates the role and future implications of talent management within an organization, focusing on Tesco Plc as a case study. The project aims to evaluate talent management concepts, its impact on employee performance, and recommend effective strategies. The study employs both primary and secondary research methods, including a literature review, research methodology (deductive approach, positivism philosophy, and quantitative data collection through questionnaires), and data analysis using frequency tables. The research findings, presented using bar graphs, indicate that the majority of respondents are aware of the importance of talent management, with varying opinions on specific strategies. The project concludes with recommendations for Tesco Plc to enhance its talent management practices and implications for future success.
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RESEARCH PROJECT
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Table of Contents
INTRODUCTION.......................................................................................................................................3
RESEARCH AIM AND OBJECTIVES......................................................................................................3
RESEARCH QUESTIONS.........................................................................................................................3
LIMITATION OF STUDY.........................................................................................................................4
LITERATURE REVIEW............................................................................................................................4
RESEARCH METHODOLOGY................................................................................................................5
DATA ANALYSIS.....................................................................................................................................8
RESEARCH FINDINGS.............................................................................................................................9
CONCLUSION AND RECOMMENDATIONS.......................................................................................13
REFERENCES..........................................................................................................................................14
APPENDIXES..........................................................................................................................................16
Research proposal..................................................................................................................................16
Reflective statement..............................................................................................................................21
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INTRODUCTION
The main aim of the study it to identify the role of talent management along with
analyzing its future implications within an organization. Therefore, employees are the essential
assets of an organization as it helps in attaining targets on time so that firm will enjoy
competitive advantage within marketplace (Pandita and Ray, 2018). Talent management is
crucial function that helps in gaining objectives of business firm by attracting and retaining right
talent along with maintaining culture at enterprise. To complete this research on specified topic
Tesco Plc is to be undertakes that is a leading supermarket in UK who deals in grocery, home
ware, kids wear, financial services etc. this company come into existence since 1919,
headquartered in England, UK. To complete this study, researcher uses both secondary and
primary research so that authentic information is to be reflected that helps in framing valid and
reliable conclusion at the end of this research.
RESEARCH AIM AND OBJECTIVES
Research aim
“To evaluate about the role of talent management along with analyzing future implication
of talent management within an organization”. A case study on Tesco plc.
Research objectives
To review about key concept of talent management along with its importance within an
organization.
To evaluate about the role lead out by talent management in improving employee
performance and success of Tesco plc.
To recommend some effective talent management strategies for an organization along
with analyzing its future implications.
RESEARCH QUESTIONS
What is the key concept of talent management along with its importance in an
organization?
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What are the role of talent management in improving employee performance and success
of Tesco plc.?
What are the talent management strategies along with analyzing its future implication
within an organization?
LIMITATION OF STUDY
This research includes the problem that is related to talent management in a business
firm. Therefore researcher conduct this research to resolve the limitation based on role of talent
management along with its future implications to gain competitive advantage. This research
provides effective outcomes using secondary and primary data.
The major limitation within this current research is lack of time and resources in
collecting primary data because it needs more time and require more resources. Therefore, to
maintain reliability and validity in collection of data, researcher focus on issue of application of
BERA code of ethics and data protection act so particular research should be done effectively.
LITERATURE REVIEW
Literature review defines as a survey of scholar data by using books, journal, scholar
articles etc. The literature review is to be done on the research questions and objectives
(Narayanan, Rajithakumar and Menon, 2019). To conduct this particular research, researcher
used literature review to get appropriate information on specific research questions that is based
on role of talent management along with its future implications so that at the end conclusion
would be drawn effectively.
Key concept of talent management along with its importance in an organization
As per the viewpoint of Mona Momtazian, (2021), Talent management is a systematic
function of human resource management that is working for attracting, identifying, developing,
retaining, engaging individual employees who are valuable for organization. Therefore, talent
management is highly important for business organization as it attracts number of talented
candidate within an organization. Talent management also beneficial for increasing employees
performance due to this conflicts and grievances are to be eliminated and helps in retaining top
talent within an organization for longer period of time.
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Role of talent management in improving employee performance and success of Tesco plc.
According to the viewpoint of Taylor, (2018) there are several role of talent
management which improves the performance of employees and success of an organization.
However, in an organization, talent management performs a role in providing rewards and
recognition to their employees for their good work so that they are satisfied with the working and
effectiveness would be maintained in Tesco. Therefore, another role is to recruit the talent
workforce who performs the task prominently and effectively (The Role of HR in Talent
Management, 2021). Provide training to staff members is another essential role of talent that
helps in enhancing employee’s performance along with success of Tesco so that they will gain
competitive advantage.
Talent management strategies along with analyzing its future implication within an
organization
As per the opinion of “Martin Luenendonk, (2021)” there are several strategies of talent
management that helps business enterprise to gain competitive advantage within an organization.
These strategies involves providing financial rewards and recognition, providing training to
employees that helps in improving level of productivity and encouraging satisfaction of
employees within an organization. In this, offering rewards and recognition to employees gives
the sense of satisfaction and belongingness that develops employee’s morale towards positive
working. In these strategies it is to be analyzed that future implication that represents the use of
virtual reality in talent management for attracting and retaining talent, better understanding of
workforce demographics, clearly defines job specifications, strategies use of engagement and
recognition etc.
RESEARCH METHODOLOGY
Research methodology refers to a technique that is used to identify, analyze, collect,
process information based on particular topic on which an investigator can done their
investigation (Gupta, 2019). This part of research supports researcher to evaluate research with
reliability and validity. To conduct this research appropriately research onion is to be used that
are presented below:
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Research approach- It defines as an action plan that is used by researchers for
accomplishing the work with effectiveness. It includes two types of research approaches that is
inductive and deductive approach. In inductive approach, qualitative data is used whereas
deductive approach is used to gain quantitative data (Murillo and King, 2019). To conduct this
particular dissertation deductive approach is to be used because it helps in analyzing numeric
data so that research findings are done in prominent manner.
Research philosophy- It is regarded as using some verdicts in a research so that
investigator get appropriate assistance in analyzing gathered information within set time frame. It
includes two types of research philosophy that are interpretivism and positivism (Zhang, Jia and
Chen, 2019). In this interpretisim philosophy is useful to gather qualitative information whereas
positivism philosophy is useful to gather quantitative information. To conduct this research,
researcher used positivism research as it develops quantitative information that helps in align
research objectives appropriately in clear way.
Data collection- This refers to the manner in which an investigator will gather data that is
associated with particular research topic. It reflects two methods of data collection that is
primary source and secondary source (Meyers, 2020). To conduct this research, researcher used
primary research where data collection is to done first handedly by using several sources like
questionnaire survey, interviews etc. while collecting data using secondary sources information
is to be gathered by already published books, journals, scholarly articles etc. Both the source are
very effective in gathering authentic data so that viable conclusion is to be drawn at the end of
this research.
Research choice- This defines as a method in which information is to be collected by
researcher in order to conduct research effectively and efficiently. Research choice is very
significant in managing and organizing whole research appropriately (Golubovskaya, Solnet and
Robinson, 2019). There are two types of research choice such as qualitative and quantitative.
While conducting this particular research, researcher used quantitative choice because it gives
reliable information on particular topic in such a manner that research objectives are attained
successfully.
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Sampling- It defines as a method in which required part of people as respondents are
selected out of whole population. To complete the whole research in significant time collection
of sample respondent is very essential as it provides authentic information to meet particular
research objectives. There are two methods of sampling collection i.e. probabilistic and non-
probabilistic sampling (Self, Gordon and Jolly, 2019). To conduct this research, researcher used
probabilistic sampling method because in this sample are collected on random basis so that
biasedness are not created that research objectives and aim are attained effectively and
prominently. In this researcher sample size is 30 that are employees, managers of Tesco plc.
Questionnaire
Q1) Are you aware about the concept and importance of talent management within an
organization?
a) Yes
b) No
Q2) According to you what roles of talent management improves employee’s performance
and success of Tesco Plc.?
a) Proper staffing and hiring
b) Regular rewards and recognition
c) Ensuring regular training and development
Q 3) In what manner talent management strategies are beneficial for Tesco in managing
talent at workplace?
a) Highly important
b) Less important
c) Neutral
Q 4) In what way role of talent management impact the future of Tesco Plc success?
a) Positive way
b) Negative way
Q5) Any further recommendation to make for Tesco plc that represent better management
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of talent that are effective in generating future success within talent management?
DATA ANALYSIS
For analysis of data researcher use frequency table because it represents the raw data in
clear and systematic manner that are collected during this current investigation.
Q1) Are you aware about the concept and importance of talent
management within an organization?
Frequency
a) Yes 25
b) No 5
Q2) According to you what roles of talent management improves
employee’s performance and success of Tesco Plc.?
a) Proper staffing and hiring 10
b) Regular rewards and recognition 10
c) Ensuring regular training and development 10
Q 3) In what manner talent management strategies are beneficial for
Tesco in managing talent at workplace?
a) Highly important 24
b) Less important 1
c) Neutral 5
Q 4) In what way role of talent management impact the future of
Tesco Plc success?
a) Positive way 23
b) Negative way 7
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Q5) Any further recommendation to make for Tesco plc that
represent better management of talent that are effective in generating
future success within talent management?
RESEARCH FINDINGS
Research findings would be done by using bar graphs of every themes along with
interpretation that helps researcher to easily understand the data and information that researcher
collected and draws a valid conclusion at the end of this research.
Theme 1: Awareness about the concept and importance of talent management within an
organization
Q1) Are you aware about the concept and importance of talent
management within an organization?
Frequency
a) Yes 25
b) No 5
a) Yes b) No
0
5
10
15
20
25
25
5
Frequency
Frequency
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Interpretation: By above graph it is to be interpret that out of 30 respondents 25 are aware
about talent management and its importance within an organization and rest 5 out of 30 are not
aware about the concept of talent management and its importance.
Theme 2: Roles of talent management improve employee’s performance and success of
Tesco Plc.
Q2) According to you what roles of talent management improves
employee’s performance and success of Tesco Plc.?
Frequency
a) Proper staffing and hiring 10
b) Regular rewards and recognition 10
c) Ensuring regular training and development 10
a) Proper staffing
and hiring b) Regular
rewards and
recognition
c) Ensuring regular
training and
development
0
1
2
3
4
5
6
7
8
9
10
10 10 10
Frequency
Frequency
Interpretation: As per preceding graph it is interpret that 10 people out of 30 believes that
proper staffing and hiring is best role of talent management that develops employees
performance and success of Tesco plc, while 10 think that regular rewards and recognition is a
role of talent management that improves employees performance. In this next 10 participants
believes that ensures regular training and development is role of talent management that is used
by Tesco in improving employee performance and its success.
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Theme 3: Talent management strategies are beneficial for Tesco in managing talent at
workplace
Q 3) In what manner talent management strategies are beneficial for
Tesco in managing talent at workplace?
Frequency
a) Highly important 24
b) Less important 1
c) Neutral 5
a) Highly
important b) Less important c) Neutral
0
5
10
15
20
25
24
1
5
Frequency
Frequency
Interpretation: As per above graph it is interpret that 24 respondents out of 30 believes that
talent management strategies are highly important for management talent within Tesco. In this 1
respondent think that it is less important for managing talent at workplace while 5 people are
neutral in this situation.
Theme 4: Talent management impact the future of Tesco Plc success
Q 4) In what way role of talent management impact the future of
Tesco Plc success?
Frequency
a) Positive way 23
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b) Negative way 7
a) Positive way b) Negative way
0
5
10
15
20
25
23
7
Frequency
Frequency
Interpretation: From the above graph it is to be interpret that 23 respondent out of 30 believes
that role of talent management impact the future success of Tesco plc in positive manner while 7
respondent thinks that role of talent management impact the future of success of Tesco Plc in
negative manner so that company are not highly focus on talent management function.
Discussion of research findings
As per preceding research, a discussion is to be made that finding of current research are
crucial to meet set objectives as it facilitates the review of specific topic i.e role of talent
management along with its future implications within an organization. For this, several role are
played under talent management such as regular rewards and recognition, training and
development session etc. further this investigation represent that talent management play a vital
role in benefits of employees performance along with success of business enterprise so that
competitive advantage are enjoyed (Mensah, 2019). At last it demonstrates that role of talent
management positively impact the future success of Tesco plc so that employees are working
effectively and firm will enjoy long term benefits within competitive marketplace.
Communication of research outcomes
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