Analyzing Talent Strategies: Employee Attraction and Retention Study

This report examines talent management strategies employed by businesses to attract and retain employees, emphasizing the importance of talent management in enhancing organizational performance. It covers various strategies like rewards, incentives, compensation, training, and flexible working arrangements. The research aims to understand talent management in the context of business, articulate the strategies implemented by Morrison’s, analyze the impact of these strategies on business performance, and identify associated issues. The project management plan outlines the scope, resources, and methodology used, including a positivism research philosophy. Data analysis reveals that implementing talent management strategies effectively attracts and retains employees, positively affecting the operational and professional abilities of the business. The report concludes with recommendations for businesses to prioritize talent management, offering monetary and non-monetary benefits to employees. It highlights the crucial role of talent management in increasing the professional ability of the business.

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Managing a successful
business project
(Talent strategies used by
organizations to retain and
attract employees’)

Content
Introduction
Aim and objectives
Project Management Plan
Gantt chart
Methodology
Data analysis
Conclusion
Recommendations
Personal professional review
References
Appendix

Introduction
 The study aims to analysing the effective talent
management strategies that are implemented by the
businesses to attract and retain employees, therefore,
managing talent is the key concern of the business and
organisations are widely concern over managing talent
at workplace to increasing the operations ability of the
business. Business using assorted strategies like
rewards, incentives, compensation, training, paid
training, incentives, extra benefits, flexible working
and so on to attract and retain employees.

Aim and Objectives
Research Aim
 The key aim of the research is “To study about the different talent management
strategies, do the best companies use to attract and retain people. A study on
Morrison’s”.
Research Objectives
 The suitable research objectives that are relay over the current study area of talent
management are associated as under:
 To enhance understanding in relation to the concept of talent management in the
context to business.
 To articulate the talent management strategies implementing by Morrison’s to attract
and retain employees at workplace.
 To analyse the impact of talent management strategies over the performance of
business.
 To identify the issues associated with managing talent at workplace

Project management plan
 Project management plan is defined as the effective plan and procedure which helps the
project manager to assist the business operations in right manner. The aspects involve
in project management are associated as under:
 Scope: The key scope of the project is to identify different talent management
strategies that are effectively implementing by the businesses to attract and retain
employees, therefore, the suitable talent management strategy will aid value for the
business in enhancing overall performance with increasing the operational ability of
the business.
 Resources: This aspect of project management plan is encompassing over managing
resources like stationary, human resources, cost and so on, that are effective in aiding
the project in right manner.

Work break down structure

Gantt Chart

Continue.

Methodology
 Research methodology mainly defined as the plan and procedure
which is implemented to identify, select, process and analyse the
information. This section of investigation is relay over assorted
application that are defined as under:
 Research Philosophy: Research philosophy mainly refers as the
sort of belief over which the execution of research is based. This
section is relay over two aspects positivism and interpritivism
research philosophy. In the case of this present study, positivism
philosophy has been implementing by the researcher as it is
effective in providing actual facts and figures that are relay over the
aspect of talent management.

Data analysis
Q1) What do you think, suitable implementation of talent
management strategies is effective in attracting and
retaining employees at workplace?
Freque
ncy
Yes 18
No 2

Continue..
Q2) According to you, in what manner managing talent
affects the operational and professional ability of the
business?
Freque
ncy
Positive 19
Negative 1