Managing Talent: Strategies for Attraction and Retention of Employees

This report explores talent management strategies employed by businesses to attract and retain employees, using a case study of ASDA. The research aims to analyze these strategies and understand the concept of talent management, including employee retention. The report addresses the issues faced by ASDA regarding employee management and retention, and proposes strategies to improve these areas. The methodology includes project planning, quantitative and qualitative research, primary and secondary data collection through questionnaires, and a sampling of ASDA employees. Findings from the survey are presented, followed by recommendations to enhance talent management, such as training and development programs. The report concludes with a reflection on the research process and a list of references.

Managing Successful
Business Project

Table of content
 Introduction
 Research aims and objectives
 Research questions
 Step 1: Project Planning
 Step 2: Conduct primary and secondary research
 Step 3: Present findings
 Step 4: Reflective practice
 References

Introduction
Topic
“What talent strategies do the best companies use to attract and retain people?”
INTRODUCTION
Talent management essentially is a manner of the use of tactical individual deliver
coaching to growth organization necessities and to make, it potential for enterprise to
find out their dreams. It is regular capability of HR way to get interest, engaged,
growth and manipulate green acting humans

Research aim
“To analyse the strategies used by business enterprise to attract and retain talented
employees. A case study on ASDA.”

Research Objectives
 To understand the concept of talent management and retention.
 To examine the issues that is suffered by ASDA regarding management and
retention of workers.
 To study the strategies that can be used by ASDA in order to retain and
manage talented people of company.

Research questions
 What is the concept of talent management and retention?
 What are the issues that are suffered by ASDA regarding management and
retention of workers?
 What are the strategies that can be used by ASDA in order to retain and
manage talented people of company?

Step 1: Project Planning
Project management plan- It refers because the document this is utilise through the
control of the business enterprise to give an explanation for each and each phase of a
mission with the help of numerous elements of task management plan. This plan
consist numerous additives like resource value, quality, scope, verbal exchange and
chance and many others.
Cost- In order to this research, researcher makes an attempt to set up the market which
assists them to determine the entire expenditure in adequate way (Raman and et. Al.,
2013). So whole price this is wished to finish this report is £600.
Scope- This element is associated with that belief in which maximisation the overall
overall performance of specific examination file in a advanced manner.

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Work breakdown structure- It is a
technique and technique that may be
used through the investigator to
behavior research in appropriate way
(Kucherov and Zavyalova, 2012).
Work breakdown association can be
defined as the important component
deliverable of the task this is essential
in setting up and coping with numerous
project of the task in powerful manner.

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Gantt chart- It may be give an
explanation for as an powerful approach
with a purpose to help in coping with and
performing severa task and sports in
required time body. This device changed
into developed through and American
Engineer Henry Gantt with the cause of
enabling investigator to manage all sports
or venture in altered form. Gantt chart is
established within the shape of horizontal
bar chart that carries each and every
sports activities of look at with its time

Step 2: Conduct primary and secondary
research
Quantitative research method- Under this, the data and information is assembled in form of graph,
elements to draw graphs, rows and column in tables.
Qualitative research method- It is an activity that confuses the meaning of typical investigate of
examine evaluate on form of pattern to find what issues or revisit in determination.
Primary method of data collection- With the assistance of this data collection tool, the
research can collect and assemble pure and fresh information
Secondary method of data collection- The data which is collected with the utilisation of
secondary source and it is accessible in the market.

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Sampling– It is a procedure of figuring out size of respondents out of ordinary populace
in context of convert information into numerical and statistical statistics. Sample
length of 30 human beings is selected for the studies project in forma of personnel of
ASDA.
Questionnaire– It considers distinct open and near ended questions related to the
research intention and goals in context of arrange for effective statistics from one of a
kind individuals so that it can be decided and report guidelines may be designed.

Step 3: Present findings
Q1. Do have
understanding about
the conception of
talent management
and retention?
Frequency
(a) Yes 17
(a) No 13
0
5
10
15
20
Frequency
Yes
No

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Q2. What are the
challenges that faced
by ASDA regarding
getting attention and
retaining talented
people?
Frequency
(a) Lack of leadership 16
(a) High employer
turnover
14
13
13.5
14
14.5
15
15.5
16
Frequency
Lack of
leadership
High employer
turnover

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Q3. What are the
strategies that can be
considered by ASDA
regarding these
challenges?
Frequency
(a) Effective
remuneration and
compensation
18
(a) Equal development
opportunities
12
0
5
10
15
20
Frequency
Effective
remuneration
and
compensation
Equal
development
opportunities

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Q4. Do you think that
reward system is an
effective plan for
Talent management
and retention?
Frequency
(a) Agree 14
(a) Disagree 16 13
13.5
14
14.5
15
15.5
16
Frequency
Agree
Disagree

Step 4: Reflective practice
Recommendations: It can be counseled to the precise mission that by means of
engaging in schooling and improvement periods in the commercial enterprise
challenge, the management of Amazon can appeal to, retain and manage talents
and knowledgeable employees. Along with this, they could provide a
comparable type of treatment to all people regarding presenting education and
gaining knowledge of opportunities as a way to make boom and development
without any form of favouritism.

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Reflection: During the time of performing and doing my obligations and
paintings within the studies report, I use my abilities and know-how as well as in
order that I can entire my artwork well timed or in appropriate way. The execution
and application of WBS and Gantt chart keep me in segmenting my artwork on
priority so that I can accomplish the research goals in amended form. There are
several strategies in conjunction with research techniques and information series
gear are utilised via me to build up applicable and effective information to satisfy
the research goal and desires in adequate manner.

References
 Oehley, A.M. and Theron, C.C., 2010. The development and evaluation of a partial
talent management structural model. Management Dynamics: Journal of the Southern
African Institute for Management Scientists, 19(3), pp.2-28.
 Raman, R. and et. al., 2013. Effects of partnership quality, talent management, and
global mindset on performance of offshore IT service providers in India. Journal of
International Management, 19(4), pp.333-346.
 Kucherov, D. and Zavyalova, E., 2012. HRD practices and talent management in the
companies with the employer brand. European Journal of training and Development.
 Korn, K.J.M., 2010. A second look at generational differences in the workforce:
Implications for HR and talent management. People and Strategy, 33(2), p.50.

Thank You…