Research Project: Impact of Talent Management on HR at Argos Limited

This report presents a research project investigating the impact of talent management on the role of Human Resources (HR) within Argos Limited. The research employs both primary and secondary research methods, addressing cost, access, and ethical considerations. Primary data was gathered through questionnaires, and secondary data was collected from various sources. Quantitative data analysis was conducted using frequency distribution analysis to interpret the findings. The research explores the roles of HR and talent management, the positive and negative impacts of talent management, and strategies to mitigate negative effects. The findings, presented through tables and interpretations, highlight the importance of talent management in enhancing employee retention, improving business performance, and retaining top talent. The report also discusses the advantages and disadvantages of data collection and analysis approaches, and it concludes with recommendations based on the research outcomes.

Research Project
Impact of talent management on the role of
HR within a workplace of Argos limited
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Contents
Contents...........................................................................................................................................2
LO2..................................................................................................................................................3
P3 Primary and secondary research by using cost, access and ethical issues..............................3
P4 Analysis research findings and data through research analytical tool....................................3
LO3................................................................................................................................................12
P5 Communication of research outcomes to intended audience...............................................12
LO4................................................................................................................................................13
P6 Reflection of the effectiveness of research methods............................................................13
P7 Alternative research methodologies and lesson learned in view of research outcomes.......13
COMCLUSION AND RECOMMENDATIONS..........................................................................15
REFERENCES..............................................................................................................................16
APPENDIX....................................................................................................................................17
Questionnaire.............................................................................................................................17
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LO2
P3 Primary and secondary research by using cost, access and ethical issues
Primary and secondary are two types of research that are used within a research for
achieving each objective in successful manner. There are number of appropriate research
methods that helps investigator in executing of both primary as well as secondary research.
These methods are clarified as below:
Cost: This is a useful and essential source that assistances researcher in organising of
primary as well as secondary research in successfully manner. There are various activities for
this, research can require appropriate amount of cost. These activities are; selection of
appropriate methodology, transportation cost, internet, use of books, articles etc. These are main
activities and for this, researcher is required around £1200.
Access: This is also important for researcher to get access for collecting primary as well as
secondary data about the talent management (DeTuncq and Schmidt, 2019). For primary
research, there is requirement for researcher to get permission from the Argos Limited to collect
data from their employees. In case of secondary research, there is need for researcher to have an
access to use books, articles, company websites etc. Therefore, access is also important in
conducting of both types of research in effective manner.
Ethical issues: There are number of research ethics that are required by researcher for
completing primary and secondary research in ethical manner. These are: avoiding unreliable
practices, attaining informed consent, diminishing the risk of harm, providing the right to
withdraw, protecting anonymity and confidentiality of research participants.
P4 Analysis research findings and data through research analytical tool
Data analysis is the effective process of analysing gathered data through research analytical
tool. According to the current project quantitative data about the talent management has been
gathered from questionnaire (DeVaro, 2020). For analysing quantitative data or information
regarding the talent management, frequency distribution analysis is used by researcher. This is an
analytical tool that facilitate in evaluating of quantitative information within les time and in
systematic manner. Thus, frequency distribution analysis of the present project is stated as
below:
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Q1 Do you have knowledge about the effectiveness of human resource and
talent management within a workplace of Argos Limited?
Frequency
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a) Yes 21
b) No 4
Q2 What are the main roles played by human resource at workplace of Argos
Limited?
Frequency
a) Talent management 10
b) Compliance and workplace safety 7
c) Compensation and benefits 8
Q3 What are the major roles of talent management for Argos Limited? Frequency
a) Timely availability of resources for project 9
b) Enable succession planning for critical position 8
c) Training and development 8
Q4 In which manner talent management has impact on the roles played by HR
at workplace of Argos Limited?
Frequency
a) Positive 18
b) negative 5
c) Neutral 2
Q5 How talent management positively impact on the role of HR? Frequency
a) Enhance employee retention 10
b) Improves employee’s performance and productivity 7
c) Retain top talent 8
Q6 What are the negative impact of talent management on the roles played by
HR of Argos Limited?
Frequency
a) Increased employee turnover 11
b) Lack of leadership 6
c) Reduced company reputation 8
Q7 What ways are useful for Argos Limited in overcoming the negative
effects of talent management on the HR role?
Frequency
a) Providence of compensation and benefits 10
b) Development of training section 9
c) Job rotation 6
Q8 Does talent management and human resource helped Argos Limited in Frequency
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improvement of its business performance?
a) Yes 20
b) No 5
Research findings
Research findings of the current project are completed by using graphs and tables. These
are shown as below:
Table 1: Knowledge about the effectiveness of human resource and talent management within a
workplace of Argos Limited
Q1 Do you have knowledge about the effectiveness of human resource and
talent management within a workplace of Argos Limited?
Frequency
a) Yes 21
b) No 4
Interpretation: It has been determined or interpreted from the above given data that
most of the participants had proper knowledge regarding the effectiveness of talent management
and HR at workplace of Argos Limited. For this information, 21 out of 25 employees of Argos
Limited said yes because they have accurate knowledge, whereas, remaining 4 said no as they
does not had any idea about the same.
Table 2: Main roles played by human resource at workplace of Argos Limited
Q2 What are the main roles played by human resource at workplace of Argos
Limited?
Frequency
a) Talent management 10
b) Compliance and workplace safety 7
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c) Compensation and benefits 8
Interpretation: There are several roles of human resource in Argos Limited. 10
respondents had view as a management of talent is main role because it helps in improvement of
overall business performance. 7 respondents had opinion as compliance and workplace safety is
main role that helps employees in increment of satisfaction towards the job. Remaining
employees of Argos Limited said as providing compensation and benefit is main role because it
increased motivation among workforce.
Table 3: Major roles of talent management for Argos Limited
Q3 What are the major roles of talent management for Argos Limited? Frequency
a) Timely availability of resources for project 9
b) Enable succession planning for critical position 8
c) Training and development 8
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Interpretation: It has been interpreted that there are various roles of talent management
within a working environment of Argos Limited. 9 respondents had knowledge as timely
availability of resources for any project is main role. 8 respondents had opinion as enable
succession planning for critical poison is biggest role because talented employees provide their
full efforts in business activity. Remaining 8 respondents had opinion as training and
development is an essential role that helps increment of employee’s knowledge about the
business.
Table 4: Impact of talent management on the roles played by HR at workplace of Argos Limited
Q4 In which manner talent management has impact on the roles played by HR
at workplace of Argos Limited?
Frequency
a) Positive 18
b) negative 5
c) Neutral 2
Interpretation: From the above stated graph, it has been interpreted the impact of talent
management on HR role. 18 out of 25 respondents have idea as it has positive impact because it
retains employees for longer time. 5 said as it has negative impact because for retaining talent,
HR require maximum amount of capital. Remaining 2 respondents said as talent management
has neutral impact on HR.
Table 5: Positive impact of talent management on the role of HR
Q5 How talent management positively impact on the role of HR? Frequency
a) Enhance employee retention 10
b) Improves employee’s performance and productivity 7
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c) Retain top talent 8
Interpretation: There are number of positive impacts of talent management on HR. 10
respondents had view as talent management increase employee retention by increasing
motivation among employee. This is the role of human resource; it means there is a positive
relation. 7 respondents had idea as talent management improve productive and performance of
employee that is also a biggest role of HR. Remaining 8 participants had view as talent
management help HR in retaining of top talent. Therefore, according to the all information, there
is a positive relationship between talent management and HR.
Table 6: Negative impact of talent management on the roles played by HR of Argos Limited
Q6 What are the negative impact of talent management on the roles played by
HR of Argos Limited?
Frequency
a) Increased employee turnover 11
b) Lack of leadership 6
c) Reduced company reputation 8
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Interpretation: It has been determined from the above stated data that there is also a
negative impact of talent management on HR role. 11 participants had view as increased
employee turnover is main issue if human resource not manages talent at workplace. 6
participants said as lack of leadership is main negative impact because for providing appropriate
guidance to the talented employee, human resource require effective type of leadership style that
result in higher cot needed. Remaining 8 participants had opinion as reduced company reputation
is main negative impact because without talent management, human resource become disable in
improving of company’s reputation.
Table 7: Useful ways for overcoming the negative effects of talent management on the HR role
Q7 What ways are useful for Argos Limited in overcoming the negative
effects of talent management on the HR role?
Frequency
a) Providence of compensation and benefits 10
b) Development of training section 9
c) Job rotation 6
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Interpretation: There re number of useful ways those are essential in overcoming the
negative effects of talent management over the role of HR. 10 out of 25 respondents had opinion
as providence of compensation and benefits are main way that would help in overcoming the
impact of high employee turnover as it increase motivation among workforce. 9 respondents had
view as development of training section is important because it increase employee’s knowledge
about the business that result in improved company reputation. Remaining 6 respondents view as
job rotation is essential because it increased satisfaction among workforce that output in belter
business performance.
Table 8: Talent management and human resource helped in improvement of business
performance
Q8 Does talent management and human resource helped Argos Limited in
improvement of its business performance?
Frequency
a) Yes 20
b) No 5
Interpretation: From the above mentioned data or graph, it has been interpreted that human
resource and talent management are important part of improving business performance of Argos
Limited. 20 out of 25 said yes as human resource and talent management helped company in
retaining of talent for longer time that result in improved business performance. Remaining 5
said no because they didn’t have any idea and knowledge about the same.
Advantages and disadvantages of data collection and analysis approaches
Approaches Description Merits Limitations and
pitfalls
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Data collection There are two
approaches of data
collection i.e.
qualitative and
quantitative.
 Qualitative
approach is
essential in
gathering of in-
depth
information
about the topic.
 Quantitative
approach is
useful in
collecting of
numerical data.
 Qualitative
approach is not
valuable in
collecting of
data in numbers.
 Quantitative
approach
requires
experienced
people for
collecting data.
Data analysis There are two
essential approaches
of data analysis i.e.
inductive and
deductive approach.
 Inductive
approach help
investigator in
evaluating of
qualitative data.
 Deductive
approach is
essential in
analysing of
quantitative data.
 Main limitation
of inductive
approach is it
includes small
sample for
analysing
qualitative
information.
 Deductive
approach not
asset in
evaluation of in-
depth
information.
Therefore, according to the current project, quantitative approach as a data collection and
deductive approach as a data analysis approach are used by researcher for achieving each
objective in successful manner (Ghavidel Bajgiran and Nasirpour, 2019).
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