The Role of Talent Management Framework and Its Impact on Nestle

Verified

Added on  2023/06/16

|22
|4082
|334
Report
AI Summary
This research project investigates the role of talent management within Nestle, focusing on its impact on employee potential and organizational success. The report assesses the effectiveness of Nestle's talent management framework in improving employee skills, identifies the extended performance levels achieved through talent management strategies, and justifies the relationship between talent management implementation and competitive success. It also explores the implications of talent management in Nestle's recruitment process. The research employs a quantitative approach, utilizing survey data to analyze employee perceptions regarding talent management's role in areas such as skill improvement, competitive advantage, and recruitment. Key findings highlight the perceived benefits of talent management in talent retention, acquisition, employee motivation, and career development. The report concludes by offering recommendations for Nestle to further optimize its talent management practices and overcome existing challenges.
Document Page
Research Project
(“The role of framework of Talent Management and
the impact of it within Nestle for helping employees to
show their potentiality for organisational success.”)
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
Table of Contents
INTRODUCTION...........................................................................................................................3
About the topic.......................................................................................................................3
Research aim..........................................................................................................................3
Research objectives................................................................................................................3
Research rationale..................................................................................................................3
Research questions.................................................................................................................4
LITERATURE REVIEW................................................................................................................5
Effectiveness of the framework of talent management applied by the by Nestle to improve
skills of employees technically...............................................................................................5
Identify and review the extended performance level of organisation which has been
materialized through the application of talent management strategy and program................5
Justify the existing relationship which has been availed by Nestle between Talent
Management Framework implementation and competitive success achievement.................6
RESEARCH METHODOLOGY.....................................................................................................7
DATA ANALYSIS AND INTERPRETATIONS...........................................................................9
Frequency distribution table...................................................................................................9
Data interpretation................................................................................................................11
REFLECTION...............................................................................................................................19
RECOMMENDATIONS...............................................................................................................19
CONCLUSION..............................................................................................................................19
REFERENCES..............................................................................................................................20
Document Page
INTRODUCTION
About the topic
Talent management is regarded as a process of staff management in which several
aspects are covered such as attraction, selection and retention of employees. This is associated
with workforce planning in which practices of staff retention and succession can be made
(Krishnan and Scullion, 2017). The major role of talent management is to develop such constant
process which includes staff retention and attracting employees so that company may develop
their processes to the long term. In order to create motivated staff talent management plays
significant role in which employees can develop their potentiality and attain organisational
success. Talent management is trying to derive various benefits out of existing employees. There
are certain aspects which are helpful within attaining competitive success within the market so
that to acquire significant edge into the market.
Research aim
“The role of framework of Talent Management and the impact of it within Nestle for helping
employees to show their potentiality for organisational success.”
Research objectives
To assess the effectiveness of the framework of talent management applied by the by
Nestle to improve skills of employees technically.
To identify and review the extended performance level of organisation which has been
materialized through the application of talent management strategy and program.
To justify the existing relationship this has been availed by Nestle between Talent
Management Framework implementation and competitive success achievement.
To find out the implication of a talent management process in the recruitment of
employees by the Human Resource department of Nestle.
Research rationale
The major rationale of this research is to develop understanding related with talent
management and its implication within the business (van Hoek, Gibson and Johnson, 2020). The
report is associated with dual perception such as professional and personal. In the context of
personal context this research would enhance various skills and capabilities of researcher. This
research would lead into developing various skills such as research skills, analytical skills and
many others. Besides this, in terms of professional perspective the research is associated with
Document Page
developing aspects and practices related with talent management so that the same can be used in
order to attain success opportunities.
Research questions
Do you think strategies assessment regarding the framework of talent management will
improve skills of employees technically?
Do you think there existing relationship between Talent Management Framework
implementation and competitive success achievement?
What do you believe about the implication of a talent management process in the
recruitment of employees by the Human Resource department of Nestle?
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
LITERATURE REVIEW
Effectiveness of the framework of talent management applied by the by Nestle to improve skills
of employees technically.
According to Taylor, 2018, Talent management is about managing the potential skills and
capabilities of the employees in so that they prove an asset for the company. Here, employees are
called talented if they have efficient skills and knowledge set to fulfill the assigned task
effectively. The first and foremost task of human resource management is to manage the
individuals of the organization appropriately so that they can contribute towards the success of
entity. It is the responsibility of the HR department to organise recruitment drive in order to hire
a skilled and potential employees for future success and enlargement. Additionally, talent
management is about attracting, selecting and retaining the employees for longer run. In addition,
it includes the activities of workflow planning, Learning and development hello performance
management, hiring and on boarding of candidate and more. Talent management significantly
contributes towards the growth of business by ensuring the hiring of competent individuals. It is
constant process which is related to attract and retain efficient employees for longer period of
time. Additionally, it helps in hiring and placing the right candidate at right position which
further helps the entity to grow in the competitive environment. In Nestle, they follow an
effective and appropriate framework such as career development programs, providing feedbacks,
and reviews to the employees in order to enhance their skills in an efficient manner.
Identify and review the extended performance level of organisation which has been materialized
through the application of talent management strategy and program.
According to Gupta, 2019, Talent management strategies and programs help in
identifying the existing level of performance of the employees. It further allows the entity to take
suitable steps to enhance the potential of workforce in an efficient manner. In talent
management, company also reviews the performance level of the employees constantly to
improve their potential and capabilities. It is analysed that career development programs can
adopt by the organization to improve the skills and knowledge level of the employees. In
addition, they are also required to provide timely feedback and review to the workforce so that
they can make improvement in their own performance significantly. Reviewing the performance
level not only helps the business entity but also makes the employees familiar with their existing
Document Page
capabilities. It further enables the individuals to take suitable actions in order to enhance their
current level of potential. To enhance the performance of the employees, organization also
adopts suitable strategies in terms of career development programs, training programs, creating a
healthy work environment and more.
Justify the existing relationship which has been availed by Nestle between Talent Management
Framework implementation and competitive success achievement.
According to Ambrosius, 2018, Each and every company aims to attain competitive
advantage in order to ensure long term growth. Here, talent management strategies play a crucial
role in enhancing the productivity and profitability of an entity. Effective talent management
helps the organization in using the potential of the workforce in an appropriate way. It further
helps the entity in recruiting and on boarding right candidate who can perform the assigned job
in a proper way. In Nestle, they arrange suitable training sessions for the employees that will
help in enhancing the capabilities and skill set of the workforce. It will further lead the entity
towards getting competitive edge in the business setting. Additionally, they also adopt effective
hiring strategies which allow the entity to hire skill and proficient employees. Therefore,
successful implementation of talent management framework will help Nestle in ensuring
competitive advantage in the business environment.
Find out the implication of a talent management process in the recruitment of employees by the
Human Resource department of Nestle.
According to Eichinger, 2018, Talent management process plays crucial role in the hiring
and recruitment of the employees. It provides suitable roles and responsibilities to the managers
during the process of recruitment and selection. In Nestle, human resource department focuses
on hiring potential employees. In this situation, talent management process will prove helpful for
the HR managers in assessing the capabilities of applicant and then hiring potential employees
who will prove asset of the business entity in future period of time. In other words, talent
management process assists the managers in recruitment and selection of talented workforce.
Document Page
RESEARCH METHODOLOGY
Research methodology refers to the technique that helps in collecting suitable piece of
information related to a particular topic. The methodologies used in the existing research are
briefly mentioned below.
Research philosophy: It is known as the belief on the basis of which the entire
information of research is gathered, investigated and further evaluated. The philosophy is
classified in three major parts which are ontology, epistemology, and axiology (Ndlovu-
Gatsheni, 2019). For current research epistemology South taken into consideration that is further
divided in three sub parts which are positivism, interpretivism, and critical realism. Here,
researcher has selected positivism philosophy as it is helpful in evaluating numerical information
in a rightful way.
Research approach: Research approach is a process of evaluating the information
efficiently. This approach is divided in two parts, have deductive and inductive approach (Flick,
2020). In current study deductive approach has chosen as it is effective for measuring numerical
in formation in short period of time
Research strategy: Research strategy includes different steps which are taken by the
researcher to make the entire research more focused and result driven. However, there are a lot of
research strategies such as case study, surveys and more (Rix and et. al., 2019). For current
project, survey strategy has been selected as it helps in collective true and fair opinion of the
respondent effectively.
Research choice: In research, there are two types of choices which are quantitative and
qualitative. Under present study quantitative research choice is selected. It will help in driving
authentic and reliable information from large amount of numerical data.
Data collection: It is one of the crucial steps of the overall research methodology. There
are two types of data collection that are primary and secondary. In primary data collection,
investigator collects the data through own efforts. It is the first handed and raw data which
contains high level of authenticity and reliability. On other side, secondary information is
gathered from different sources such as websites, publications, generals and more (Viehof and
Winner, 2018). In case of current research, primary information has been collected through the
questionnaire whereas secondary information has been taken out reliable websites, publications
and journals.
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
Sampling: It is about selecting some units which represent the entire population of the
research (VanKooten, 2019). For current study, probability sampling has been selected Have to
give equal chance of each and every unit to become a part of sample.
Time horizon: time horizon ref words to the time limit which is defined by the
investigator while undertaking add research. In current situation, cross sectional time horizon is
used so that the research work can be completed timely.
Document Page
DATA ANALYSIS AND INTERPRETATIONS
Frequency distribution table
Q.1. Are you aware regarding the concept of talent management? Frequency
a) Yes 20
b) No 10
Q.2. Do you think strategies assessment regarding the framework of
talent management will improve skills of employees technically?
Frequency
a) Yes 25
b) No 5
Q.3. Do you think there is any existing relationship between Talent
Management Framework implementation and competitive success
achievement?
Frequency
a) Yes 27
b) No 3
Q.4. According to your opinion, what is the role of talent management
in the procedure of recruiting candidates for Nestle?
Frequency
a) Makes the process easier 10
b) Helps in talent identification 6
c) Helps in process of orientation 9
d) Assists in selecting best talent from different alternative 5
Q.5. What is the major role of talent management within Nestle? Frequency
a) Talent retention 5
b) Talent acquisition 5
c) Motivating employees 5
d) Career development 5
Document Page
e) Succession planning 5
Q.6. Is talent management linked with managing competitive edge into
the market?
Frequency
a) Yes 28
b) No 2
Q.7. According to your perception, is it beneficial for organisation to
implement talent management strategies?
Frequency
a) Yes 20
b) No 10
Q.8. What are the major challenges faced by Nestle during
implementation of talent management process?
Frequency
a) Employee rigidity 6
b) Hiring of perfect employees 4
c) Developing talent strategy 8
d) Insufficient managerial involvement 7
e) Lack of strategic alignment 5
Q.9. What are the strategies used to mitigate challenges related with
talent management process?
Frequency
a) Implementing change management strategy 6
b) Improving hiring process 9
c) Developing employee engagement 7
d) Providing ample training to employees 4
e) Providing career development path to employees 4
Q.10. According to your judgement, does talent management helps
employees in sharpening their skills?
Frequency
a) Yes 25
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
b) No 5
Data interpretation
Q.1. Are you aware regarding the concept of talent management? Frequency
a) Yes 20
b) No 10
Interpretation: From the above graph this can be concluded that talent management is a
significant concept so out of 30 respondents 20 are aware about the concept.
Q.2. Do you think strategies assessment regarding the framework of
talent management will improve skills of employees technically?
Frequency
a) Yes 25
b) No 5
Document Page
Interpretation: From the above graph this can be concluded that with the help of talent
management technical skills of individual can be improved. In this manner out of 30 respondents
25 have said that they are able to improve such skills with the help of talent management and 5
have denied for the same.
Q.3. Do you think there is any existing relationship between Talent
Management Framework implementation and competitive success
achievement?
Frequency
a) Yes 27
b) No 3
chevron_up_icon
1 out of 22
circle_padding
hide_on_mobile
zoom_out_icon
[object Object]