Impact of Talent Management on HR at Marks & Spencer Project

This project investigates the impact of talent management on human resources at Marks & Spencer. The study outlines the aim, objectives, and research methodology, incorporating both primary and secondary research to assess the effectiveness of talent management initiatives. The research findings indicate that talent management positively influences employee retention, work dedication, and overall company performance, leading to competitive advantages. The project includes a literature review, data analysis, and a conclusion with recommendations, such as continuous monitoring of talent management systems and the establishment of HR policies for talent management. The project uses surveys and analysis to determine the impact of talent management on the company's mission and vision, employee engagement, and the recognition of top performers. This project is a comprehensive analysis of talent management strategies and their impact on organizational success.

UNIT – 11
RESEARCH PROJECT

AIM
 The aim behind the study is to analyse the impact of talent management on the
role of human resource in Marks and Spencer
OBJECTIVES
 To evaluate the concept of talent management.
 To study the role of human resource management at Marks & Spencer's.
 To analyse impact of talent management on the role of Human resource
management.
 To recommend strategies for talent management at Marks & Spencer's.

Theme 1- Majority of employees believes Company has
specific talent management initiatives in its place.
Q-1 Does the company has
specific talent management
initiatives in its place
Frequency
Yes 25
No 5
Total 30

Theme 2- Majority of employee believes Initiatives of talent
management are on top priority to the company
Q-2 -Does the initiatives of talent
management are on top priority to
the company
Frequency
Yes 24
No 6
Total 30

Theme 3 - Talent management helps employees of the
company with alignment to Mission and Vision
Q3- Do talent management helps
employees of the company with
alignment to Mission and Vision ?
Frequency
Strongly agree 10
Agree 11
Neutral 7
Strongly disagree 1
Disagree 1
Total 30

Theme 4- Most of employees are aware that TM helps in creating a culture that
helps in valuing of work of individuals and employees.
Q-4 Does TM helps in creating a
culture that helps in valuing of work
of individuals and employees
Frequency
Yes 26
No 4
Total 30

Theme 5- Majority of employees are aware that TM helps in
rewarding the top performers and stars of the Marks and Spencer
Q-5 Does TM helps in rewarding
the top performers and stars of the
Marks and Spencer
Frequency
Yes 25
No 5
Total 30

Theme 6- TM helps in creating a environment which is being fun loving
and where employees are excited to come to Marks and Spencer
Q-6 -Does TM helps in creating
a environment which is being fun
loving and where employees are
excited to come to Marks and
Spencer
Frequency
Yes 24
No 6
Total 30

RESEARCH FINDINGS
Secondary findings
 As per the view of the Khoreva,Vaiman and Van Zalk, (2017), research has found
that talent management helps in retaining of top and qualified employees and
individuals.
 It helps with effectiveness of getting the work done as employees develop sense
of understanding that their efforts are being valued in the company which helps
them to work with dedication, commitment and achieve the goals of the company.
Primary findings
 By successful implementation of talent management in Marks and Spencer, it
helps in getting with the competitive advantage and winning in the marketplace.
 This is being found that this helps the company in effective and successful
completion of goals and objectives by boosting up of sales revenue and increase
in the profitability margins of the company.

CONCLUSION AND
RECOMMENDATIONS
 From the above research project it has been concluded that for a
company it requires effective planning for implementation of talent management
system. The project is a mix of primary and secondary research. It has briefed
with Aim, Objective, Literature review, research methodology, research findings,
with the reflection on the project.
Recommendations
 It is being recommended to the company that it constantly monitor and evaluate
its talent management system to thrive for better performance and success of the
company.
 It is being recommended that human resource of the company should prepare
policies and set standards for talent management .

REFERENCES
Khoreva, V., Vaiman, V. and Van Zalk, M., 2017. Talent management practice effectiveness:
investigating employee perspective. Employee Relations.

THANK YOU