Analysing Talent Management Challenges: Marks and Spencer Project

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Added on  2023/01/05

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This project delves into the challenges of talent management within Marks and Spencer, a multinational company. The research aims to analyze the obstacles the company faces in acquiring, retaining, and developing talent. The project outlines objectives such as understanding talent management concepts and identifying effective strategies for Marks and Spencer. It discusses the project's scope, limitations (including resource constraints and data manipulation risks), cost considerations, and resources. A project plan, including a Gantt chart or work breakdown structure, is proposed alongside a risk register. The research involves human participants recruited through random sampling, with consent obtained via questionnaire, and addresses ethical considerations. References include books and journals on career management and talent development.
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A brief explanation of your proposed research topic and why you have chosen
it.
The major topic of the research is to conduct or analyse the challenges faced by the
organisation in terms of Talent management. The organisation faces various types of challenges
in acquiring the talents, retaining the talented employees, providing them with the necessary
training and development programs and much more. This research has been performed with
respect to a company, Marks and Spencer. The marks and Spencer company is a multinational
company which is originally originated from Britain. The company is engaged in the business of
clothing, home products and food products. This research includes an investigation upon the
challenges which the company faced with respect to the concept of talent management.
An aim and some objectives for your proposed research.
Aim of the project
"The purpose of this report is to analyse the challenges which the company may face with
respect to talent management". An examination on Marks and Spencer.
Project objectives
•To create a basic knowledge about the concept of talent management among the employees and
the organisation”.
•To determine the best strategies of the company make the talent management more effective on
Marks and Spencer.
Project Question’s
Explain the basic challenges faced by the Marks and Spencer. in context to implementation of
talent management?
•What are the best strategies that might be utilized by Marks and Spencer?
A brief discussion of the scope and limitations of your proposed research.
Scope: Present examination has expansive extension since it helps in expanding information
about the ability the board techniques. This examination additionally has greatest degree since it
utilizes quantitative exploration that gives mathematical data.
Limitations: The limitation which can be identified with this project is the lack of
appropriate resources which need in the performance of this investigation. The time period which
has been allotted to for the completion of project is also very short through which the research
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process can be performed in a short but not comprehensive way. Apart from this there is a lot of
risk for the manipulation of the data which has been collected. The data or information which the
investigator has collected may not be very true to consider. This factor also plays as a limitation
for the research.
Resources and cost considerations relating to your proposed research.
Cost is likewise expected to build up a successful arrangement for the project. To direct
this venture it is assessed the undertaking supervisor will require roughly 100 pounds and this
sum will take care of the various expenses of the task, for example, information assortment,
voyaging cost, correspondence cost and other undertaking relating cost. Under a cost chart is
indicated that shows the expense for the distinctive need of the undertaking.
Resources: There are various assets of gathering data about the theme. These sources are
books, diaries, articles, magazines, distribution research and so on All these are powerful sources
that helps agent in gathering of auxiliary data with respect to the subject. Task asset is the
general important need to direct a venture, for example, capital, individuals, devices and gear.
Undertaking asset depends dependent on the venture.
A project plan, Gantt chart or work breakdown structure in order to provide
time frames and stages for completion of your research.
Project plan: The plan for the project is to conduct an investigation stating the challenges face
in the talent management by the company Marks and Spencer. Various challenges may include
the areas or activity of recruitment and selection, training and development and retainment of
employees.
A risk Register plan
The following risks can be get register with this particular project and the risk register
table can be as:
Risk description Impact Corrective measures Person responsible
Time frame The short time frame may
hamper the quality of the
research project
A proper time table needs
to get develop which
covers all the required
activities that needs to
undertake
The project manager
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Lack of resources Lack of resources may fail
the project purpose.
The resources must get
collect properly before the
commencement of project.
The Team leaders
Questionnaire formed This may not fulfil the
major purpose of project
as the data collected would
not be relevant
The questionnaire needs to
get formed with proper
evaluation.
The researcher
Cost This may hamper the
quality of the investigation
as actual cost is not
available with the
investigator.
The budget needs to get
formed before the project
commencement and then it
must first get collected.
The project manager
Data security The data must get secure
from getting stolen by any
other person who later use
that data for performing
the wrong activities
The data collected must
get stored and secured
with the help of secure
software which locks the
information with some
user id and password.
The IT man and
investigator.
Ethical issues approval form – complete the form at Annex 1.
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Participants
Pleaseanswerthefollowingquestions,givingfulldetailswherenecessary.
Willyourresearchinvolvehumanparticipants?Adults:
How will participants be recruited (identified and approached)?
Through random sampling method, 60 staff members of an organisation will be
recruited.
Describe the processes you will use to inform participants about what you are doing:
By using e-mail or questionnaire
Howwillyouobtainconsentfromparticipants?Willthisbewritten?
Howwillitbemadecleartoparticipants
thattheymaywithdrawconsenttoparticipateatanytime?
By using questionnaire researcher can easily obtain consent from participant
which will be written in the form.
Studiesinvolvingquestionnaires /
interviews:Willparticipantsbegiventheoptionofomittingquestionstheydonotwish toanswer?
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Yes: No:
If No please explain why below and ensure that you cover any ethical issues arising from
this.
Studiesinvolvingobservation:
Confirmwhetherparticipantswillbeaskedfortheirinformedconsenttobe observed.
Yes: No:
REFERENCES
Books and journals
Arnold, J., Coombs, C. R. and Gubler, M., 2019. Career anchors and preferences for
organizational career management: a study of information technology professionals in
three European countries. The International Journal of Human Resource
Management. 30(22). pp.3190-3222.
Callanan, G. A., Perri, D. F. and Tomkowicz, S. M., 2017. Career management in uncertain
times: Challenges and opportunities. The Career Development Quarterly. 65(4).
pp.353-365.
Chetana, N. and Mohapatra, A. K., 2017. Career planning and career management as antecedents
of career development: A study. Asian Journal of Management. 8(3). pp.614-618.
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