This report is a research project focused on the impact of talent management on the role of Human Resources (HR) in improving training and retaining staff, specifically within the context of the Waitrose supermarket chain. The study addresses the issue of high employee turnover, identifying it as a key challenge for HR. The primary goal is to identify effective talent management strategies to mitigate employee turnover. The research employs a quantitative methodology, using questionnaires to collect data. The findings suggest that participative management and regular employee training positively impact HR's role. The report includes an introduction outlining the topic, organizational background, aims, and objectives, followed by a literature review exploring the importance of talent management, its impact on HR, and effective strategies for new ventures. The methodology section details the research philosophy and methods used. The main body of the report presents data analysis, findings interpretation, discussion, conclusion, and recommendations. The study highlights the significance of talent management in fostering employee engagement, motivation, and skill development, leading to improved HR practices and organizational success. The report emphasizes strategies such as participative management and regular training as crucial for employee retention and overall business productivity.
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