Talent Management and Project Success: A Case Study of Tesco

This report analyzes the impact of talent management on organizational success, using Tesco as a case study. It begins with an overview of Tesco's operations and the importance of talent management within the company. The report outlines the aims and objectives of the project, focusing on understanding the talent management process, its importance to the organization, and the challenges Tesco faces in managing talent. A project management plan is designed, including a work breakdown structure and Gantt chart, and the usefulness, strengths, and weaknesses of various project planning tools are discussed in relation to the proposed project. The report also applies the risk management process to the talent management project, identifying, analyzing, prioritizing, assigning, monitoring, and responding to potential risks. The conclusion summarizes the key findings and emphasizes the importance of effective team management in achieving project success.

Managing Projects for
Competitive Success
Component 3

Table of Contents
INTRODUCTION...........................................................................................................................3
MAIN BODY...................................................................................................................................3
A brief overview of your chosen real-life project proposal topic...............................................3
Describe aims and objectives for the chosen project..................................................................3
Design an appropriate project management plan including work break down structure and
Gantt chart...................................................................................................................................4
Describe how useful are the project planning tools, their strength and weaknesses in relation
to your proposed project..............................................................................................................6
Apply the Risk management process on your proposed project.................................................7
CONCLUSION................................................................................................................................8
REFERENCES:...............................................................................................................................9
Books and Journals.....................................................................................................................9

INTRODUCTION
Project management can be defined as the process of managing the team works in order
to achieve the overall goals and objectives. There is key role of describing the information with
the help of documentation and them working on the development process (Martens and et.al.,
2018). The project is based on talent management and its role in success of the enterprise. The
aims and objectives of the project are mentioned as they help them to achieve success. The
proper project management plan is formulated in the report. The project planning tools along
with its strengths and weakness are important part of the report. The risk management process
for this project is also evaluated in the end of this report.
MAIN BODY
A brief overview of your chosen real-life project proposal topic
The project is based on people management and its impact on organisational success. The
scenario of Tesco is being discussed in the report. It is a British multinational groceries and
general merchandise retailer that has its headquarters in UK. There are more than 350000
employees that are part of the company worldwide. It is necessary for the company to manage
the employees. The company takes proper care of all the employees and satisfy their needs and
wants. The talent management motivates the employees and make them loyal towards the
company. Tesco also focuses on enhancing the training programme for the employees that make
them more qualified and enhance the performance of their business. There are several challenges
that can be faced by a company in order to manage talent (Fernando and et.al., 2018). All the
employees working in the organisation are different from one another and that causes problem in
managing them. There is need of checking the performance of the employees on regular basis so
that all the challenges can be overcome. The company may face issues if they are unable to hire
skilled employees. The HR manager of Tesco works with all the efforts that make them
successful in managing the working staff properly. The performance of the enterprise enhances
when all the employees and managed and working to achieve the organisational goals.
Describe aims and objectives for the chosen project.
Aims: To determine the effect and importance of people management on the
organisation's success." a case study of Tesco
Objectives:

 To gain a better understanding of the talent management process.
 To determine the importance of talent management in the organisation.
 To determine the challenges that the company faces in terms of talent management
Design an appropriate project management plan including work break down structure and Gantt
chart
Project management plan is a document that includes all the information related to the
project. The schedule to complete the project and all the strategies are mentioned in the project
management plan. It helps to complete the overall project in proper manner and use all the
resources optimally. Their are certain aspects that are considered under project management plan
and they are as follows:
Time: It is important component of the project management as it specifies the timeline in
which the project goals can be attained. It is necessary to carry on the project within the set
timelines so that the project team is able to attain success (Jeppson and et.al., 2021). The overall
task are divided in small activities so that it can be carried on properly.
Scope: This project had wider scope. The talent management strategies that are being
used by Tesco are necessary for success and growth of the business. By understanding the
importance of talent management the company is able to manage the work effectively. The
project has suggested the strategies that are beneficial for success and growth of the company.
The challenges are also examined in the project and that is beneficial for the success of the
enterprise.
Cost: There is key role of budget in order to carry on the project. The use of all the
resources in effective manner helps to achieve success. The business organisation must know
about the budgetary requirement of the project (Alvarenga and et.al., 2019). All the actions must
be taken by considering the budgetary requirements. The use of right tools and techniques will
make the project management team to achieve success.
Quality: It is necessary for the project team to maintain quality in the deliverable. The
use of quality at each and every stage is necessary for success and growth of the project. This
will help to carry on the project effectively. The use of better skills will help to carry on the
project properly.

Gantt Chart: It is graphical representation of activities and the time in which the same
can be completed. It helps to carry on the activity in effective manner and in right time frame. It
is a schedule that helps to carry on the work properly.
Work breakdown structure: It is a project management tool that focuses on step-by-
step approach of completing the project. The size of project is large and there is need of choosing
the small pieces in which the project can be carried (Novikov and Dmitriev, 2018). It helps the
project to work within the cost and scope and deliver the same at right time. It helps to carry on
the project properly by dividing the same in small activities.

Describe how useful are the project planning tools, their strength and weaknesses in relation to
your proposed project.
The project planning plays a critical role in the success of the project. It is necessary to
carry on the project in effective manner by using the right tools and techniques. Various tools
and techniques that help in project planning are as follows:
Classic technique: This technique focuses on procedure including proper plan that
covers all the aspects. It is necessary to divide the work in chain and carry on right techniques
one by one. It also helps in allocating the resources and take feedback from the customers.
Advantage: It can be used as it is group project. By dividing the project in small activities the
goals and objectives can be attained successfully.
Disadvantage: The complexity of the project can not be managed with the help of classic
technique.
Waterfall technique: It is a techniques that is used to divide the tasks in sequence so that
overall work can be completed (Kopf, 2018). After one stage is being carried on the company
moves to next stage. All the steps are accountable and there are no worries.
Advantages: It is used to deal with the complex projects. There is use of proper planning and
evaluation at each and every stage that make the project successful.
Disadvantage: It is time taking technique. There are situations that become difficult to define
and then carrying them in right time is also a difficult task.
Agile project management technique: It is the techniques under which the big projects
are being divided in smaller steps. There is detailed discussion related to project in the
development stage. This stage includes overall work that is to be done in future.
Advantages: It can be used for the projects that include proper team management.
Disadvantages: There is need of effective team management either the goals can not be attained.
Apply the Risk management process on your proposed project.
There is key role of risk management process in the success of the project. The steps that
are being undertaken by project team are mentioned below:
Identify: By carrying of proper research, the project team will be able to identify the
available risk in the market. By using right research techniques the project team is able to know
about the risk that may arise.

Analyse: The use of risk register is done by the project team and they are able to analyse
the impact of particular risk on the performance of the organisation. It will help to know about
the exact situation and its impact.
Prioritise: In this step the risk are checked according to priority. The company is able to
take necessary actions according to the priority of the risk.
Assign: The person who can carry on the task and will monitor the risk are being
assigned the work. It is necessary step that is taken by the project team (England and Faulkner,
2019).
Monitor: It becomes necessary to evaluate the performance of the plan. To avoid the
risk, the project management team must take necessary actions.
Respond: It is the last step in which the project team responds to the situation. All the
necessary step to avoid risk are being analysed in this steps.

CONCLUSION
From the above report, it can be concluded that project management includes proper team
management that helps to carry on the task effectively. The proper scenario of the project is
discussed in the starting of report. The project management plan is formulated as it helps to carry
on all the activities effectively. The project planning tools and techniques are mentioned in the
report. In the risk management process of for the project is mentioned.

REFERENCES:
Books and Journals
Alvarenga, J.C and et.al., 2019. The project manager core competencies to project success.
International Journal of Managing Projects in Business.
England, K.K. and Faulkner, D., 2019. Competitive Differentiation Strategy Plan: A Golf Ball
Recycling Industry Deep Dive.
Fernando, Y and et.al., 2018. Managing project success using project risk and green supply chain
management: A survey of automotive industry. International Journal of Managing
Projects in Business.
Jeppson, G and et.al., 2021. Cutthroat Competition: How Does Ketotestosterone Differ in the
Brains of Competitive Brook and Cutthroat Trout?.
Kopf, M.H., 2018. PRODIAS-A Contribution to Competitive Renewable-Based Processes.
Chemical Engineering & Technology, 41(12), pp.2288-2288.
Martens, C.D.P and et.al., 2018. Linking entrepreneurial orientation to project success.
International Journal of Project Management, 36(2), pp.255-266.
Novikov, S.V. and Dmitriev, O.N., 2018. Vision of genesis of presentation of Hi-Tech project
during competitive selection. Russian Engineering Research, 38(4), pp.320-322.