Project Report: Assessing Talent Management Schemes at ASDA

This report, focusing on ASDA, a British supermarket and retailer, investigates talent management strategies for attracting and retaining employees. The report begins with an introduction outlining the importance of talent management in achieving business goals, followed by a main body that includes project aims, objectives, a project management plan, and a work breakdown structure with a Gantt chart. It also incorporates small-scale research, presents findings and data, and offers recommendations based on the research. The report also reflects on the value of undertaking the project and concludes with a summary of the key findings and implications for ASDA's talent management practices. The research explores various schemes within the organization to attract and retain potential employees, emphasizing the importance of talent management in driving business success. The report includes a literature review, examining the understanding of talent management, the need for it, principles for enhancing it, its importance in business, and strategies used by organizations to attract and retain talent, culminating in a detailed analysis of ASDA's approach.

Managing a Successful
Business Project

Table of Contents
Title..................................................................................................................................................1
INTRODUCTION...........................................................................................................................1
MAIN BODY...................................................................................................................................1
TASK 1............................................................................................................................................1
P1) Project aims and objectives..................................................................................................1
P2) A project management plan..................................................................................................4
P3) Produce work breakdown structure and Gantt chart............................................................6
TASK 2............................................................................................................................................9
P4) Small-scale research to meet project aim and objectives.....................................................9
TASK 3..........................................................................................................................................11
P5) Present findings and data....................................................................................................11
P6) Communicate appropriate recommendation.......................................................................18
TASK 4..........................................................................................................................................18
P7) Reflect value of undertaking project..................................................................................18
CONCLUSION .............................................................................................................................19
REFERENCES..............................................................................................................................20
APPENDICES 2............................................................................................................................22
Performance Review Template.................................................................................................25

Title
“To assess various scheme that is implies within an organisation so as to attract and retain
its potential employee's”. A case study on ASDA.
INTRODUCTION
To manage the working abilities of a company it is mandatory that various strategies and
policies are implemented so that productive amount of changes is induced by which long term
success and development is induced in perfect manner. It is required for the business to achieve
both short and long term goals and target in successful manner. In this talent management plays
vital role under which productive amount of changes and modification is induced as by retaining
and attracting the employee who has better skills and more talent (Abou-Moghli, 2019). As it is a
continuous process in which quality workers get retained, development of skills and knowledge,
repetitive motivation and encouragement of employees by which sustained level of
improvisation in the working performance is induced that collectively enhances the productivity
of business. In this effectual utilisation of resources and better anticipation is induced by which
accomplishment of task and activities is processed systematically. The report is based on ASDA
that is a British supermarket and retailer was founded in 1949 along with a headquarter in Leeds,
West Yorkshire. The report consist of project aims, objectives,time-frame on chosen theme,
small scale research, appropriate recommendation and reflection on the values that is gained
from the project conduction.
MAIN BODY
TASK 1
P1) Project aims and objectives
Overview of the Research: Research below is dependent on talent management that is
an essential aspect for business as in order to accomplish its standardised objectives and target.
In context of ASDA its management has worked for to emphasis the talent management skills so
that talented and skilled workforce is committed for a longer interval of time. In the working
capabilities and its potential increases with certain continuity so that employee get motivated
and connected with the business. ASDA is a multinational retailer and associated with the diaries
companies as well of Yorkshire (Baghizadeh, Cecez-Kecmanovic and Schlagwein, 2020). Thus
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it is essential for business to develop various strategies by which ability to retain and attract more
of potential workers is increases in productive mode. Thus adequate research is conducted by a
researcher to induce best strategies through which more of employee's get retained and attracted.
Aim: “To assess various scheme that is implies within an organisation so as to attract and
retain its potential employee's”. A case study on ASDA.
Objectives:
 To define the better understanding of talent management in a business.
 To examine the need of talent-management in order to keep and attract potential workers.
 To identify and understand business principles for enhancing talent-management in
organisation.
 To acknowledge importance of talent-management in business. To attract and retain talented workforce different strategies determine that are used by
organisation.
Research questions:
 Explain a better understanding of talent management in a business.
 What are the need of talent-management in order to keep and attract potential workers.
 Explain principles for enhancing talent-management in organisation.
 What are the prominent importance of business in talent-management What are the strategies that is used by organisation to attract and retain talented
workforce.
Literature Review
Explain the better understanding of talent management in a business.
As per the outlook of Prarthana Ghosh 2019, talent-management is a practice that
primarily involves the basis of particular trends that is more likely to working aspect. In this
strategic management is induced that is necessary to hyper the change within working
environment (Bell and Harrison, 2018). It led to manage the renaissance by which strong work
relations is processed as by managing balanced equation. It is methodically processed by
selecting a right talent for right position that assist to make constant growth by which optimised
outcomes is achieved with perfection. It generally involves identification of talent gap and then
absolute on-boarding is induced so that higher growth and development is measured in skilled
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manner. In this arrangement, attracting, developing, prefered and retention of employees is
processed in fruitful manner.
What are the need of talent-management in order to keep and attract potential workers.
According to the point of view of Staff Writer, 2018, talent-management is not same as
human resource under which balanced level of commitment in terms of development,
management, hire and retention of highly skilled and talented employee's are planned (Belz and
et. al., 2019). It is essential role under which various strategies are induced under which business
assets is managed adequately. In this better level of opportunities is developed so as to attract
talented and skilled employees that collectively contributes better level of improvements as in
terms of business performance. It is also be used to motivate employee under which working
performance and productivity of employees is getting advanced and with this continuous
development plan also advanced in better manner. In this all the employee get understand their
roles and responsibilities that directly promote smooth flow of working.
Explain principles for enhancing talent-management in organisation.
From the angle of Ingmar Bjorkman, 2020, managing people is a wholesome that is
performed by business to maintain better level of consistency as by involvement of culture and
strategies. There are various challenges as well that is induced to building and sustain talented
pipeline (Berger, 2020). For this business has invest higher amount for funds in technological
advancement by which working operations and function is contended in better way. For this
business has hired and recruit the candidates on the basis of required skills and then matched it
up as per requirement. In addition manager has worked over to manage the working
performance, providing rewards and benefits, offering compensation that aid to be a strongest
performer in terms of its competitors. In this various principles are followed such as alignment of
strategies, internal consistency, balance in between local and global need, management
involvement and employer branding in relation to differentiation.
What are the prominent importance of business in talent-management
As per the viewpoint of Mona Momtazian, 2020, human resource management consider
talent management, some business enterprises have human resource administration which are
transactional, executes it as good plan of action or changes. In respect of talent management the
selection of skilled and talented employee is beneficial for business. Strategic management
shows it is ablility to build employer brand which pull the talent and it contributes into business
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performance which highlights the results. It is essential as in this top talent get attracted, higher
level of satisfaction and belief is induced with betterment (Caldera, Desha and Dawes, 2019). To
make successful business it is required that working culture must be get more stronger so that
employee share their motivation and belief to achieve higher result and lead into ordinate
success.
What are the strategies that is used by organisation to attract and retain talented workforce.
As per the viewpoint of Sharon Florentine, 2019, retention beginning from the opening
from the process to viewing the individuals of the organisation. Structure of the enterprise leads
the system services firm or services. It also beginning with to identify the culture and plan of
action which need to emphasize after that considering the right applicants. Look for applicants
what is the duration of working period at their previous jobs . It helps to identify and examining
the sincerity of applied candidate (Chen and Yang, 2019). Business has offered clear and
ongoing path to get advanced the career of an employees. The higher benefits is offered in terms
of perks and bonus by which employee engagement and healthy surround is promoted.
P2) A project management plan
Project management plan is defined as formal documents that examines that how a
project is going to be done. It abstract goals, scope, budget, timeline of a plan and its requisite for
keeping a project on path. It consist of different target and objectives that enterprise wants to
attained in specific time period. In this fertile amount of changes is directed by which manage
and control & operations of company is to be managed in systematic manner. It also promotes
efficient development and learning for processing the project. In addition, this document is
adequate cooperation of various aspect such as processing and communication is taken in limited
time.
It is a plan which defined assist sum of understanding about knowledge and information
which are used in project controlling and executing. It helps researcher to make sure about
completion of project by following actions and task (Collings,and et. al., 2018). It contains
detailed information that is easy to make contact between various task. It also consist various
elements that are discuss below:
 Cost: The core on which a business is having a specific amount that is necessary for any
process related to a company in an effective manner. It is consider as cost which is
provide to researcher by company for performing research on adequate words. Moreover,
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it also include research tool, travel cost, miscellaneous, legal compliance and equipment
cost. For this, manager of company have responsibility to develop a suitable budget so
that plan or project is completed in proper time in effective and efficient manner.
 Time: It is a element which demonstrate overall period of time that is undertake by
researcher in purpose of complete the research in suitable way. So for this manager have
to take adequate time of research around 3 months is persuade. This leads to efficiency of
research within time period and all risk factors are reduced by outcome of project that is
implemented in timely frame (Crane and et. al., 2019). Scope: It generally defines a detail period of time which takes long terms strength is
maintained in effective manner. In this investigator have to be make sure about
appropriate set of strategies by which certain rate of attainment of objectives and goals is
regulated in perfect manner. So researcher have to be make sure about each and every
activities which is processed as proper utilisation of resources by effectiveness. Quality: This is a structure which portraits that a researcher have to assure that each
action and task is accomplished with keeping time in mind. Motivation is there because
of proper collection of data and statistics which leads to relevant outcome within ample
of time. When the final result is applied within a business so it is important because
research is refined in proper undertaking. Communication: It is the way in which all the details are handled, within various people
in this there is clear grasp of every side is undertaken in effective manner. In addition, it
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is processed by having transparency in collected data or information as by this there is
attainment of suitable outcome (De Boeck, Meyers and Dries, 2018). So for this a
requirement of authentic end of result and for this researcher have to use internet
services, computer and many other equipments. Risk : it involves future uncertainty or possibility of happing bad in the future which
effects the efficiency, profitability and outcome of the research. It often focusing on the
negativity and undesirable consequence that induces the overall effectiveness of the
research. It is the risk that is occurred at every activity and need to reduce them for the
perfection in the research. For the researcher it is needed to be assure about that each
work is completed with adequacy and with perfect survey of the market so that long term
suitability could be attain at the given time.
 Resources : it can be anything that is required for the process of doing research with the
appropriate facts and effective analysis that will provide the support in the effective
outcome (Gallardo-Gallardo, Thunnissen and Scullion, 2020). In this researcher required
various different resources such as human resources, equipments, computers, internet,
printers etc. that all are provided by the organisation so that satisfactory and useful
outcome get with absolute mode.
P3) Produce work breakdown structure and Gantt chart
Gantt chart: Gantt chart is as software, who also known as project programming, project
planning and project establishment. It was mechanised to assist advancement of Gantt need to
building the project dependence and to identify the difficult path of the task. It also view the
dates of project, When it has started or when it will be end (Hickman and Silva, 2018). It is
useful to make technical project management which is enable to track the project how is working
in comparing to task, and view the whole task, it also helpful to leading the dependence of the
project.
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Work Breakdown structure: It is in process as to recognize the techniques which is an
appliance on project representation administration. It creates sub-parts of the projects and divide
into smaller parts which is high controllable part (Janjić and Rađenović, 2019). It leads the team
to perform into administrable sections. It is a perishing of work in adjusted sequence which is
looking by the task team to build the useful result and, it also leads the objectives of the projects
which is authentic to the organisations. The aim of WDS is on making original
product ,alternatively work required to create more goods and developed actions. It also have an
excellent estimation of price, difficulty and period of time, because work is done on the basis of
small projects and keep a standby of the complete project.
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TASK 2
P4) Small-scale research to meet project aim and objectives
It is an analysis that is performed for knowing the skill about a particular side, to process
learning in a systematic manner. Two basic methods of research that are used by researcher to
execute their task are as follow:
Qualitative method: This method is used to collect adequate data and for this adequate
usage of questionnaire, first hand observation, interviews, participant observation, fact and
manual recording and many other forms as well. In this non numerical data is collected through
which relative ideas and thinking is developed in timely constrained.
Quantitative method: It is used for importance of total calculations under which
mathematical, statistical, numerical analysis and along with this data is collected with the parallel
support of questionnaire, polls, survey and manipulation of statistical data into computational
technique.
Sources of data collection: Primary sources: It's a kind of source that is used by researcher in order to collect and
gather easy data in proper manner. It is refined as by concluding the ending and in
demand outcomes in specific mode. As this is dependent on survey, interview,
questionnaire etc. and provide accuracy among collection of relevant information, that's
why it is a time taking process.
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 Secondary sources: It's a method of collecting data in which information is there, such
as management records, business sheets, clause, books, writing, product, etc. this comes
in use for exploring purpose (Leopold, Manktelow and Chan, 2020). While assembling
information of specific topic, it is not time consuming because of spontaneous balanced
level of ratio.
In this research worker has make enough usage of both primary as well as secondary
sources. In status of primary research questionnaire is developed whereas for secondary research
adequate literature review is gathered to produce better perceptive and connection with the topic.
Sampling: It is a process that is done to make statistical analysis in which planned
observation is taken from the larger population. It is a methodology in which effectual
understanding processed by taking solution from respective respondents. In this the sample size
of this research is 30.
Questionnaire
Quantitative questions
Q1) Do you know about prospect of talent-management within business?
a) Yes
b) No
Q2) Do you believe that talent-management is necessary to measure sustained development
and occurrent for longer time period.
a) Yes
b) No
Q3) Does ASDA worked to hold and attract its potential employee as per concern to talent-
management?
a)Yes
b) No
Q4) What techniques are used by ASDA in respect to implement talent-management in
business working standards?
a) Supply elaborate job description
b) Pathway to gain continuous success
Q5) What are the important aspect of talent-management in the working premise of ASDA?
a) Attractiveness and holding of talented employee
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