Project on Talent Management Strategies in Compass Group

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Added on  2022/11/29

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This project report investigates talent management strategies employed by organizations to attract and retain employees, focusing on a case study of the Compass Group, a leading contract foodservice company. The report begins with an introduction outlining the aims, objectives, and research questions, followed by a detailed project plan that includes a work breakdown structure and Gantt chart. A comprehensive literature review provides a theoretical foundation for the study. The research methodology section details the use of primary and secondary research methods, including questionnaires to gather data. Findings are presented and interpreted, followed by a reflective practice section that offers recommendations and conclusions regarding effective talent management practices. The report also includes references and an appendix with the questionnaire used. The project aims to analyze the importance, benefits, and challenges of talent management strategies within the Compass Group, examining techniques used to retain employees and identifying difficulties in implementing new talent management procedures. The research indicates the significance of talent management in organizational development and suggests various strategies for enhancing employee engagement and retention.
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Table of Contents
Title: "What talent management strategies do the best organizations use to draw in and hold
individuals?"....................................................................................................................................3
Introduction......................................................................................................................................3
Step 1- Project plan..........................................................................................................................4
Project management plan.......................................................................................................4
WBS.......................................................................................................................................6
Gantt chart..............................................................................................................................6
Literature review....................................................................................................................7
Step 2- Conduct primary and secondary research............................................................................8
Research Methodology...........................................................................................................8
Step 3- Present findings...................................................................................................................9
Data interpretation................................................................................................................11
Step 4- Reflective practice.............................................................................................................17
Recommendation..................................................................................................................17
Reflection.............................................................................................................................18
Step 5- Conclusion.........................................................................................................................18
References......................................................................................................................................19
Books and journals...............................................................................................................19
Appendix........................................................................................................................................20
Questionnaire........................................................................................................................20
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Title: "What talent management strategies do the best organizations use to
draw in and hold individuals?"
Introduction
This report aims at talent management strategies so the best organizations use to draw in
and hold individuals. As Human resource management is the main branch of an organization as it
is the one which is to recruit and join new representatives for the organization and results in
expanding their usefulness (Chamberlin and Mann, 2021). Human resource manager is the
person who is mindful to hold representatives for since quite a while ago run the organization.
Ability the board is the way toward making an exercise which can hold representatives for long
time. In this organization which is taken is Compass group. As company is the biggest contract
foodservice company which is serving meal in various locations that includes schools,
universities and factories etc. in this report there is a research aims and objectives and then it
consists of research methodology and project management plan. Then there is a reflection and
interpretation that is discussed in the report. There is reflection of the investigator in conducting
this research.
Aim: “To analyses the talent management strategies do the best organization use to draw in and
hold employees for long time. A case study on Compass group”
Objectives:
To determine the impotence and benefits of talent management strategies in Compass
group.
To analyses certain talent management techniques used in the company to hold
employees for long time.
To examination the difficulties which are face by the organization while utilizing new
procedures to carry out talent management.
Questions:
What are the importance and benefits of talent management strategies in Compass group?
What are certain talent management techniques used in the company to hold employees
for long time?
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What difficulties are faced by the organization while utilizing new procedures to carry
out talent management?
Step 1- Project plan
Project management plan
Project topic: What talent management strategies do the best organizations use to draw in and
hold individuals?"
Project aims: The main aim of the project is basically related to the deep analyses and effective
growth of the company. This is very important for managing project is to analysis the favourable
outcome and make sure to analysis some major changes and effective plan for analysis the
growth of the company. It could be related to effective growth within the market. The need of
analysis talent management and draw their basic advantages through different challenges. This is
helpful in analysing and growing demand to work which related to growth of the company and
its project aims.
Deliverables The deliverable outcome are the one which are essential and related to effective
sources within the society. This is related to work and culture of the company, and it will make
some major effective strategies and try to overcome the growth of company. The major strategies
are basically related to effective source and their different opportunities are basically helpful in
managing business (Saad, 2020). It will helpful in managing and increasing the need to analysis
some major changes and their growth within the market analysis.
Communication: This is the method which are helpful in analysing some major growth and
manage the understanding the different concept. As it will be change throughout the day. Some
major changes and their growth are related to make some major effective benefits to make talent
management process. It will be related to project and make sources to analysis for make talent
management process.
Resources: This is the process which are related to effective resources that are needed to be work
and manage some other effective growth to analysis and make some marketing approaches.
These resources are able to analysis some market research and make quality of management for
having resources over the team work (Neal, 2019). It would be helpful in managing and growing
the resources which are helpful in getting the objective which are needed.
Quality: This is an important aspect and growth of the enterprises, as it will be related to major
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changes and their growth over the period of time. It will be connected to work and manage the
activities on the qualified status. Further the company are able to work and manage effective
resources to make mutual relationship with quality and quantity.
Time: This is the timeframe which are needed to be analysis by the researcher, for getting more
essential and effective. For completing the project it is necessary for the company and their team
members to analysis the nature and make some effective growth within the society. It is analysis
that the researcher take 2 months for completing the project and make sure to work as per the
growth of company.
Risk: This is the factor which are included in project management plan, as it will be helpful in
make sure to work and complete the project to make more effective opportunities and make
effective policies to work and manage the data.
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WBS
Work breakdown structure helps the organization in partitioning the exercises into
different basic advances. It helps in allowing company to divide activities into the managing task
and that helps in performing various task in most effective manner (Chen and et.al., 2021). Work
breakdown structure helps in research projects and management of the project in the definite
time limit. Thich consist of roles and responsibilities that helps the investigator in performing
project management. This consist of accurate sources, risk and cost of the information’s which is
being collected through various sources.
Gantt chart
Gantt chart refers to the bar graph type that decides connection between standard timetable
and ongoing action. It is introduced in horizontal and vertical hub which have the legend of
showing status of work and exercises in a construction and arranged way so that activities can be
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finished in inside a time-frame (Findlay and et.al., 2021). Gantt graphs includes different parts
like bars, records, timetables and so forth. That aides them in executing project the executive’s
capacities like arranging, sorting out and controlling.
Activities Week 1 Week 2 Week 3 Week 4 Week 5 Week 6 Week 7
Proposal
Topic,
aim and
objective
Data
collection
Data
analyses
Research
methodol
ogy
Conclusio
n
Recomme
ndation
Literature review
According to the views of Negi and Patel, (2021), Talent management strategies are those
strategies which helps in developing employees’ skills and knowledge. Great Talent management
practice additionally limits natural shaping down. Numerous productive associations deliberately
put resources into representative commitment through significant work, objective setting,
straightforward correspondence, and ideal prize and acknowledgment (Kaiser, 2021). There are
retain benefits and impertinence of talent management strategies used in the company that it
helps in retention of employees, enhancing their productivity and making work on effective
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technologies (Benefits of talent management, 2021). Then it helps in reducing employee turnover
and build employees’ image in society and in the organization as well. Further, there are certain
talent management strategies that are being used in the company.
In context of Compass group, they are various talent management techniques used there to
retain employees. Like motivation techniques and training and development sessions,
performance appraisal programmed and many other strategies like rewarding and recognition.
This helps them in behaving well in the organizational and results in being motivated towards
what work they are doings and given. There are various challenges that are being faced by
Compass group in order to implement talent management strategies (Kurz and Anandarajan,
2021). These are lack of leadership, increase in employee turnover and other problem. Which
company should have to keep in mind in order to evaluate all the task used in the company?
Step 2- Conduct primary and secondary research
Research Methodology
This research which are use and make some effective research methodology which make
the conductive primary and secondary research analysis. It will be related to the development
and management of company. This is the method which are used for managing different
information and make definite to work on the talent management tools. In the present and make
investigator is research upon evaluating strategies to make companies to enhance it include.
Type of research
The presentation is basically related to the development and majorette of company and
make sure to work for completing research findings. In this research primary and secondary data
collection are used and make sure to work as per the organization and growth (López, 2019). The
main objective of the company are highly related to descriptive that actually helpful in analyzing
and conducting strategies to overcome the present scenario.
Data Sources
It is mainly related to the work and manage the growth for collecting data and analysis the nature
to overcome the objective. This is basically related to work and manage the source and make
validity and reliability sources (Zhang and et.al., 2021). It could be related to researcher’s point
of view and make sure for involving investigation within the project. Here, the researcher used
two type of research which are related to primary source of data and secondary source of data. It
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will be related to work and manage the source for collecting and relating different sources and
make some effective changes over the time period. It will be helpful in analysis the major
concept which are described below:
Primary method
This has been related to work and manage by first hand technique which are related to
gathering information. It will be related to work and manage for research purpose effectively.
The present researcher are able to collect the 30 respondent who are responsible and make an
ethical consideration to work and manage the data as per the growth of company (Whysall,
Owtram, and Brittain, 2019). The major changes and growth are the responsible for getting
primary source of data and it will be helpful in collecting and memorizing the source of
information which are heavenly related to work and make source to analysis interpretation.
Secondary method
This is the method which are used to collect information form major sources either online
or offline. It would be responsible to make sure and work as per the growing demand and
analysis their need. The secondary source of data are helpful and effective as it would be related
to work and manage the resources to provide the already established data and make sure to
provide some existing sources. These available sources and data collection are ethical and
helpful in collecting resources to make previous resources and make talent management changes
within the chosen company.
All of these information are very effective and make some major steps to analysis and make
some effective growth within the society (Narayanan, Rajithakumar and Menon, 2019). It will be
helpful for secondary data are used for evacuating about the current scenario. It will be related to
work and manage the activities which are helpful in collecting information and make some
effective steps to analysis and conduct the primary and secondary research.
Step 3- Present findings
Q1. Do you mindful with the need of talent management inside development
of organization?
Frequency
a. Yes 27
b. No 3
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Q2. As you would see it, is Compass group, make convincing talent
management procedures throughout the timeframe?
Frequency
a. Yes 20
b. No 5
c. Can’t say 5
Q3. According to you, how the company is making use of talent management
strategies?
Frequency
a. By having potential data 15
b. By performance management programmed 10
c. By competencies 5
Q4. Is it accurate to say that you are ready to perform inside the organization
with your own revenue?
Frequency
a. Yes 22
b. No 8
Q5. What is the compelling method to advance and support talent
management inside the gross benefit and successful administration
approaches?
Frequency
a. Motivating employees 10
b. Providing level of satisfaction 12
c. Increasing retention period 8
Q6. It is safe to say that you are face any sort of issue inside the Compass
group which delay the exhibition?
Frequency
a. Yes 15
b. No 15
Q7. According to you, is it true that you are feel better or improving in the
wake of utilizing talent management benefits inside your organization?
Frequency
a. Yes 20
b. No 10
Q8. Would you like to give some significant suggestion and development for
the organization to make more ability the executives systems?
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Ans.
Data interpretation
Theme 1 need of talent management
Q1. Do you mindful with the need of talent management inside development
of organization?
Frequency
a. Yes 27
b. No 3
Interpretation
With the assistance of above chart, this research is conducted between 30 employees of the
Compass group company. Out of those 30 employees, 27 said that yes, they understand about the
need of talent management inside the development of origination. But rest of the other 3 people
said that no they did not know about the need of talent management inside the development of
organizations.
Theme 2 use of talent management
Q2. As you would see it, is Compass group, make convincing talent
management procedures throughout the timeframe?
Frequency
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a. Yes 20
b. No 5
c. Can’t say 5
Interpretation
From the above statement, the organization should have been work and deal with the compelling
development over talent management. As 20 respondents said that the picked organization are
utilizing viable talent management techniques to work throughout the timeframe. Though, 5 out
of 30 respondents say something that they don't imagine that Compass group are utilizing
compelling ability the executive’s techniques throughout the timeframe (Mawere and Sambo,
2021). Then 5 out of 30 said they can’t say about this statement.
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