Comprehensive Report on Talent Management Benefits and Strategies

This report analyzes the benefits and strategies of talent management within an organization. It covers themes such as the perceived benefits of talent management, the role of line managers, the impact of talent management strategies on employee performance, and current organizational str...Read More

Data analysis

Theme1: All Participants have shown their interest
to the options for TM benefits for business
According to you how talent
management benefits the
organisation?
Respondents
Enhance employee productivity 7
Improve employee experience 5
Retaining top talent 8
Total 20

0
2
4
6
8
Enhance employee
productivity
Improve employee experience
Retaining top talent
0
2
4
6
8
Enhance employee
productivity
Improve employee experience
Retaining top talent

 Interpretation:
 It is evaluated from the above graph that for the question of organisational
benefit from TM all the employees have shown their interest to the options. 7
of the members have stated that TM process if efficient in increasing the
employee productivity. While 5 members believes that it improvise their
overall experience which motivates them towards their work. And maximum
number of participants which are 8 they stated that TM helps their company in
retaining the top talent with this it increases the employee engagement with
company’s resources. All the members also said that their organisation have
improvise their business performance because of the talent management.


Theme 2: All respondents have selected their option to
define their line manger’s role for managing the talent.
According to you what role
does line manager plays to
manage the talent?
Respondents
Train for great performance 8
Organise annual review 5
Find knowledge gap to provide
trainings
7
Total 20

0
2
4
6
8 Train for great
performance
Organise annual
review
Find knowledge
gap to provide
trainings
0
2
4
6
8 Train for great
performance
Organise annual
review
Find knowledge
gap to provide
trainings

Interpretation
 From the above graphical representation, it is identified that for the manager role question every
member have share their view and somehow it contradicts their opinions with each other. 7 of
the participant stated that line manages plays a crucial role in training the employees, as they
guide them to make their performance better and goal oriented. However, 5 of the member
believes that usually line managers only conduct the annual review they track the employee
performance to make list for appraisals and other benefits. They continued their statement as in
their opinions, line manager continue tracks the performance and then conducts the rewarding
activities. 8 of the member stated that line managers identify the need at work place and analyse
the knowledge gap to provide the training and learning programs to employee for their better
performance.

Theme 3: Majority of the participants have stated that
talent management strategies have improvised their
work performance.
Does your organisation follow
TM strategies for
employee performance?
Respondents
Yes 14
No 6
Total 20

0
2
4
6
8
10
12
14
Yes
No
0
2
4
6
8
10
12
14
Yes
No

Interpretation
 With the help of above graph it is interpreted that for the question on talent management strategies
for employee performance, participants has recorded their views. Majority of the members which are
14 stated that their organisation effectively follows the TM strategies for their better performance,
they also said that company also focus on employee satisfaction to provide them monetary as well as
non-monetary benefits. It is also found that other 6 members were not agree to their colleague’s
statement, according to them their firm do not well implemented the TM strategies, they are not
satisfied with their organisation’s TM approaches. Participant continue their statement as how their
efficiency in work have improved also they feel motivated towards their work and also it develops
the sense of responsibility in them regarding their organisation’s business approaches.

What is your organisation’s
current strategy to manage the
internal talent?
Respondents
 To provide training and development
opportunities
5
 Hold the performance appraisals 5
 Succession plan 6
 Implementation of the transformational
leadership
4
Total 20
Theme3: Every respondents have stated their views about their company’s
current strategies for maintaining the internal talent for better business
performance

0
1
2
3
4
5
6
To provide
training and
development
opportunities
Hold the
performance
appraisals
Succession plan
Implementation
of the
transformational
leadership
0
1
2
3
4
5
6
To provide
training and
development
opportunities
Hold the
performance
appraisals
Succession plan
Implementation
of the
transformational
leadership

Interpretation
 It is concluded from the above chart that for the current organisational strategy to manage the talent, all
respondents takes the part to share the data on this question and recorded their different response over
it. In this 5 of the member stated that their organisation provide the timely training and development
opportunities for employee growth. 5 of the member believe that their organisation is currently holding
the appraisals for the best performer in order to increase the team effectivity. While 6 respondents
stated that company is currently looking for the succession planning and 4 of the members have stated
that firm is planning to implement the transformational leadership at work place. Members have
continued their statement they believe that their organisation have the better strategies to manage the
internal talents, also their organisation have shown the better interest regarding the well being of
employees.

FINDINGS
 On the basis of above results, it has been clearly interpreted that role of line management
personnel and leaders are most significant in talent management of employees as these both
are the two main pillars for organizational success.
 It has been evaluated that specific leadership styles are effectively able to encourage
employees towards accomplishment of their goals and objectives in personal as well as
professional manner. Moreover, it has also been identified that motivated employees are
more likely to produce better for the betterment of the company.
 Thus, effective leaders are highly required in order to manage talented people within an
establishment as so as in Morrisons as well.

REFERENCES
 SOPIAH, S., KURNIAWAN, D.T., NORA, E. and NARMADITYA, B.S., 2020. Does
talent management affect employee performance?: The moderating role of work
engagement. The Journal of Asian Finance, Economics, and Business, 7(7), pp.335-
341.

 Self, T.T., Gordon, S. and Jolly, P.M., 2019. Talent management: A Delphi study of
assessing and developing GenZ hospitality leaders. International Journal of
Contemporary Hospitality Management.

 Younas, M. and Waseem Bari, M., 2020. The relationship between talent management
practices and retention of generation ‘Y’employees: mediating role of competency
development. Economic research-Ekonomska istraživanja, 33(1), pp.1330-1353.