HNBS 306: Analyzing New Initiatives and Talent Management Strategies

This report, focused on HNBS 306, examines talent management within organizations, specifically using Tepperman as a case study. The project begins with an introduction outlining the importance of talent management, followed by a detailed project plan including a Gantt chart and work breakdown structure. The research section provides a literature review on talent management and explores various research approaches. The report then presents findings, data interpretation, and recommendations for enhancing talent management strategies. It concludes with an evaluation and a summary of the key insights. The appendix includes supporting documents like a Gantt chart, work breakdown structure, and questionnaire.

HNBS 306
Managing a Successful Business
Project

Table of Contents
Title............................................................................................................................................3
Section 1: Introduction...............................................................................................................3
Section 2: Project Plan...............................................................................................................3
Project management plan.......................................................................................................3
Gantt chart..............................................................................................................................4
Work Break down structure...................................................................................................4
Section 3: Research....................................................................................................................5
Literature Review...................................................................................................................5
Research approaches..............................................................................................................8
Section 4: Finding and Recommendation..................................................................................9
Interpretation and data findings...........................................................................................11
Recommendation..................................................................................................................17
Section 5: Evaluation...............................................................................................................18
Section 6: Conclusion..............................................................................................................19
References................................................................................................................................20
Appendix..................................................................................................................................22
Gantt chart............................................................................................................................22
Work Break down Structure.................................................................................................23
Questionnaire.......................................................................................................................23
Project log book...................................................................................................................24

Title
“What are the types of new initiatives and innovative ways of working do companies put in
place to achieve a strategic approach to talent management?"
Section 1: Introduction
The need of talent management within an organisation is the very important and essential
approach after seeing the major impact of covid-19 on major industries. With the help of
effective talent management strategies and innovation, most of the companies can make a
positive impact and increase company’s productivity over the period of time. While working
on staff retention, training and morale is the major key function which are essential for the
growth and make effective talent management which make a differentiation in between one
and other organisation (Bryant and White, 2019). The chosen company for completing this
project is Tepperman, a retail industry company which are needed to be overworked and
manage the great value in the home appliance, since its corporation period of 1925, they are
operating six major operating store in London and Canada.
Aims: “To evaluate the new initiatives which are related to the style of working in an
organisation to achieve higher talent management approaches. A case study on Tepperman.”
Objective:
 To understand the role of talent management within an organisation.
 To determine the new and innovative strategy which are using by the chosen
organisation within their way of style and culture to enhance talent management.
 To analysis the challenges which are face by the company while using new strategies
to implement talent management.
Section 2: Project Plan
Project management plan
Project topic: “To evaluate the new initiatives which are related to the style of working in
an organisation to achieve higher talent management approaches. A case study on
Tepperman.”
Project aims: The main aim is to make effective growth and management to strong
identification and make technique for analysing the situation to retain the growth of people
management. While working on the effective strategies and solution which are highly
related to the growth of company. While, working in the different companies to work and

manage effective analysis and different ways and make some strategic approaches.
Deliverables This is the section, which are highly related to make developed and
innovative strategies to work and manage effective strategies. All of these are related to
sources and different opportunities over the period of time.
Communication: This is the method which are helpful for managing and understanding the
concept over the period of time. Whereas the company are able to make some major
effective strategies and analysis on the basis of growth (Bryson, 2017). It could be related
to make some major effective benefits and make strategies for talent management process.
Resources This is the process which are highly related to make quality and service and
make more effective children in basic advantage and new participants for the growth of
company. It has been related to make resources in management in different quality and
resources of the team work.
Quality: This is an important source which are highly related to different values and
quality of time which are helpful and necessary for the growth. It has been related to make
sure for major effective resourceful for make effective to make employee and make
eventual sources.
Time: the time frame which are needed to be work and manage to make effective
timeframe and different major changes and work as per the essential growth and
completion of the project. It has been analysis that it take nearly 1.5 months.
Risk: The major risk factor are basically related to company and their major risk which are
face by authorities which are essential to make effective growth and opportunities to make
management policies. It will be related to best approaches within different sources and
make major approaches within the risk factors.
Gantt chart
A Gantt chart is a management tool, assisting which make an effective tool for having
effective planning and scheduling for the growth of having all size (Champlin. and Lankerd,
2017). It has been related to make management timeline and task which are related to
effective different and simplifying complex project. All these are basically related to effective
scope and changes to maintain the success.
Work Break down structure
This is the method which are related to a method for completing a multi steps and
complex process. It include an effective way to divide the large projects and get things done

on time with faster and efficient manner. The main goal of WBS is to provide effective
project and manage the time slot for break down into different sector and team members. It
has been related to make communication plan, staffing plan and make a work break down
structure.
Section 3: Research
Literature Review
To understand the role of talent management within an organisation
As per the role of Brooks, (2021); after selection of the candidate it has been analysis
for the growth of the company to work and manage the activities as per the deciding source
and use right talent management within the company. The need of talent management within
the company is one of the integral part and its sources of the company. While working on the
profession and make effective competitive analysis, the HR professional of the company are
able to work and manage the sources as per the deciding high quality within the result. While
working on the current talent management strategy, it has been analysis that the company are
using effective source and management to work and make retention within the company
(Dupont and Eskerod, 2016). While working on these management possibilities, company
can use and adopt right strategy to overcome the challenges and make some effective growth.
The different need and growth of the company are able to work and make effective
growth in the effective management profile. Further every ineffective action and their
outcome are basically related to the growth and progress of the report and it will make a
future impact over the productive report of an employees. All are helpful in managing a
strategic role and rise its importance within the company (What Is Talent Management and
Why Is It So Important, 2021). As all of these are helpful in managing and growing the
demand to analysis their performance. While having appropriate stages and make systematic
growth within the company are able to analysis and make some effective growth over the
period of time. Which are helpful in managing and growing the need of demand to work and
manage the sources as per the changing and needy analysis within the company.

All of the above role and importance are able within the company to work and
manage the effective growth over the period of time. Further the changing approach in an
effective role within the company is to manage and make some stratified approaches for the
growth of company. While working and managing the growing and essential need of the
company to work and manage the activities as per the growing demand of talented and
recruiting staff for the company.
To determine the new and innovative strategy which are using by the chosen organisation
within their way of style and culture to enhance talent management
As per the record of Lavoie, (2021); there are different way to improve and make
some strategic changes over the period of time. While working and managing to enhance the
opportunities to enhance the growth and make some effective and innovative strategies to
work in Tepperman changes within the company. While working and managing to analysis

and make investment within the company’s culture to work to benefit and package. After
analysing the situation for managing benefits which actually improve the company
performance to enhance and upgrade the technology (Fleming and Koppelman, 2016). This
will actually helpful in analysing the better situation for the competitor and make sure for
make effective team management to work and make half for different workplace to feel the
effective management growth.
Further using appropriate to make managing effective growth opportunities and make
create learning different aspect for workplace to work and manage the effective growth over
the period of time. Further, the company should be able to provide some major valuation and
their growth, to work and manage and make sure to high valued at their work. Further the
company to work and manage the activities to analysis, peer to peer feedback and make sure
to analysis for managing and working different friendship among the team (Areas to Improve
Your Talent Management, 2021). This should be related to work and manage the activities to
perform and make some stratified changes within the company to make some effective
growth over the period of time.
All of the above mentioned strategies, and their company are able to work and assign
the task to manage activities. All of these are able to make some effective growth over the
period of time and it will be related to make some major sources to work in different aspect
and force to manage for managing to analysis major sources (Galati and et.al., 2019). It will
be related to major source and make different aspect and strategies which are needed to be
work and manage effective opportunities’ to overcome the challenges which the company
majorly face. The need to analysis and use of effective talent management strategy the
company face major challenges to analysis the talent of their employees.
To analysis the challenges which are face by the company while using new strategies to
implement talent management
With the help of Echelon, (2021); while following the company, there are different
stages which are needed to be work for working and abilities to make challenges which are
basically related to different sector and growth over the period of time. These are some major
changes which are needed to be work and solve different aspect to assign different strategies
to assign the task to manage sources to over the challenges within the organisation.
Tepperman can use different strategies and make some effective growth within their company
(How Recruiters Can Help Solve Talent Management Challenges, 2021). It will be related to

major growth over the time and make some difficult challenges which are needed to be
overcome during the implication of the talent management strategies (Giannetti, Risso and
Cinquini, 2016). Poor hiring strategies, inexperience of the technologies, ineffective
leadership and many more things are needed to be organised for having some major changes.
Research approaches
Research methodology is defined as a systematic way used for conducting a research.
It consists of different steps which are used for bifurcating research aim and finding out
effective result for research. Research method is used for managing the information related to
talent management and interpreting effective results from it (Huntington, Gordon and
Plamping, 2018). In present research, investigator is researching upon evaluating different
strategies that can be used by companies to enhance it.
Types of research
The following presentation is a descriptive type of research. In this, or surveys conducted and
factual representations are made according to the views given by respondents. Main objective
of descriptive researchers that it provides an analysis about state of affairs regarding the
present scenario.
Data source:
It is known as the way used by the researcher for collecting data related to the
research topic. Main objective of data sources is to increase the validity and reliability of
research. When the researcher use view point off different researchers are involved in the
investigation then it provides a more reliable solution (Kalaimani, 2016). There are several
activities involved in research work which are completed in efficient manner for organising
the useful unsuccessful project. In present scenario, researcher has used two types of data
collection methods for collecting details about talent management. The two types of data
collection involved in this research are described below:
Primary data collection method
This type of data is collected by the first-hand information. It helps in fulfilling the
research purpose effectively. In present survey, researcher has conducted a survey and asked
the questions from different respondents of company. In the present research, all surveys
conducted and 30 respondents were asked questions about talent management in their
organisation. It provides an analysis to identify different type of issues and challenges which

are associated with talent management in their organisation. Automatic analysis is also
conducted. In this, graphs are used for interpreting the information given by respondent..
Secondary data collection method
This type of data collection method is used for collecting the already existing or saved
data about the topic. In present research, second researchers collected by websites,
magazines, website off company and many more. Secondary data collection method is useful
for the research because it provides data from already existing sources. These can include
literature review, article review, previous researchers and many more (Keyes, 2016). These
are a reliable source which can be trusted by researchers for completing their project work. It
is evaluated that research work is effectively conducted when there is guidance and help from
previous researchers. Talent management researchers conducted by previous investigators is
also referred while completing the project.
Both primary data and secondary data are used for evaluating the researchers about
current scenario. It helps in providing the details about talent management. In this way
effective results can be projected by the researchers (Morledge, Smith and Appiah, 2021).
This research is completed on talent management by using effective primary as well as
secondary data sources properly. There is also conclusion made according to the information
collected. There is evaluation about strategies which can be used by companies in order to
enhance their talent management.
Section 4: Finding and Recommendation
Questionnaire Frequency
Q.1 Do you aware with the need of talent management within growth of
company?
a) Yes 24
b) No 6
Q.2 In your opinion, is Tepperman, make effective talent management
strategies over the period of time?
a) Yes 20
b) No 10
Q.3 How does the company use talent management strategies?
a) By Competencies 15
b) By result 8

c) By effective potential data 7
Q.4 are you able to perform within the company with your own interest?
a) Yes 25
b) No 5
Q.5 what are the effective way to promote and sustain talent
management within the gross profit and effective management policies?
a) Motivate the employees 14
b) High retention period 7
c) Provide high level of satisfaction 9
Q.6 Are you face any kind of issue within the organisation which slow
down the performance?
a) Yes 18
b) No 12
Q.7 Are you feel good or enhancing after using talent management
benefits within your company?
a) Yes 25
b) No 5
Q.8 Do you want to provide some major suggestion and growth for the
company to make more talent management strategies?
Ans.

Interpretation and data findings
Theme1: Talent management
Q.1 Do you aware with the need of talent management within growth of
company?
a) Yes 24
b) No 6
Q.1 Do you aware with
the need of talent
management within
growth of company?
a) Yes b) No
24
6
Interpretation
With the help of above graph, it is interpreted that, 24 out of 30 employees are able to make
sure that they are well aware with the knowledge of talent management within the company.
Whereas 6 out of 30 employees are available to work and manage about the talent
management. It will be related to major growth and opportunities to work and manage the
data as per the basic growth of the talent management within the company to work and
manage to growth of company. All of the above responses conclude that within the company
the need of talent management is so high and make some major opportunities within
company.

Theme 2: effective use of talent management
Q.2 In your opinion, is Tepperman, make effective talent management
strategies over the period of time?
a) Yes 20
b) No 10
Q.2 In your opinion, is
Tepperman, make
effective talent
management strategies
over the period of time?
a) Yes b) No
0
6
12
18
Chart Title
Interpretation
From the above report, the company needed to be work and manage the effective growth over
talent management. As 20 out of 30 respondent said that the chosen company are using
effective talent management strategies to work over the period of time. Whereas, 10 out of 30
respondent make a statement that they do not think that Tepperman are using effective talent
management strategies over the period of time. This has been related to the growth and
majorette which are effective reflect and determination which are understanding nature. All
of these are able to work and manage the source on the effective period of time.