Talent Management Report: Analysis of Talent Management Strategies

This report delves into the realm of talent management, exploring its significance within organizations, particularly in the travel and tourism sector. The report begins by outlining the research aims and objectives, which include understanding talent management concepts, analyzing strategies, and assessing their effectiveness. The study then presents a data analysis, encompassing key themes such as the understanding of talent management, the benefits of implementing talent management strategies (such as improved employee engagement and organizational objectives), and the identification of major strategies, including rewards and continuous improvement. The report also examines the impact of talent management practices on organizational productivity. The report concludes with a recommendation to prioritize talent management for workforce proficiency, and identifies challenges. The report is supported by references to academic literature. The report provides a comprehensive overview of talent management strategies and their effects.

Research project

Table of Content
• Introduction
• Research aim and Objectives
• Data analysis
• Findings
• Recommendation
• Conclusion
• References

Introduction
Talent management is considered as a systematised procedures of
finding the vacant position, recruiting appropriate individuals,
improving skill and expertise of people that are suitable for position as
well as retaining them to attain long term organisational objectives

Research aim and Objectives
Research Aim: “An effective talent management strategies into chosen
travel and tourism organisation. A study on Trafalgar”.
Research Objective:
• To identify the concept of Talent management.
• To analyse talent management strategies for travel and tourism
organization.
• To identify effectiveness of talent management strategies in an
organizational context.

Data analysis
Theme 1: Concept of talent management.
1. Are you aware about the concept of talent management? Frequenc
y
a. Yes 26
b. No 4
26
4
a. Yes
b. No

Theme 2: Benefits of implementing talent management strategies in an
organization.
2. What are the benefits of implementing talent management
strategies in an organization?
Frequen
cy
a. Accomplishing organisational objectives. 5
b. Improving Cultural Connections and Employee Engagement 9
c. Retain top talent 16

Interpretation:
There are various benefits of implementing talent management strategies
such as accomplishing organisational objectives, retaining proficient
talent and others. So, as per the above graph, it has been interpreted
that the main benefits for executing talent management strategies is
retaining effective talent. 5
9 16
a. Accomplishing
organisational
objectives.
b. Improving Cultural
Connections and
Employee
Engagement
c. Retain top talent

Theme 3: Major strategies of talent management.
3. What are the major strategies of talent management? Frequen
cy
a. Facilitating reward and recognise right 11
b. Providing opportunities for continuous improvement. 19
11
19
a. Facilitating
reward and
recognise right
b. Providing
opportunities for
continuous
improvement.

Theme 4: Talent management practices assist an organization to
enhance its overall productivity.
4. Do you think, talent management practices assist an organization
to enhance its overall productivity?
Frequenc
y
a. Yes 25
b. No 5
25
5
a. Yes
b. No

Recommendation
This have been recommended that talent management is considered as
one of the essential aspects for entities for selecting most proficient
workforce into firm. In this respect, few types of challenges are faced
through firms which are discussed below:

Conclusion
As per the above report, this have been concluded that talent
management strategies are essential within service industry as this aids
them to retain the proficient workforce within entities. Moreover,
project management plan are prepared to know about the resource, cost,
risk and others that occurs which performing research.

References
• Noe, R. A. and et. a., 2017. Human resource management:
Gaining a competitive advantage. New York, NY: McGraw-
Hill Education.
• Oladapo, V., 2014. The impact of talent management on
retention. Journal of business studies quarterly. 5(3). p.19.