Report: Analyzing Talent Management Strategies at Mark & Spencer

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This report provides an analysis of talent management strategies, focusing on the case study of Mark & Spencer (M&S). The report begins with an introduction highlighting the importance of talent management in today's competitive business environment. It then presents data analysis from a survey, exploring the effectiveness of talent management strategies, including recruitment, training, and career development initiatives. The analysis covers employee engagement, motivation, and the challenges of implementing these strategies. Based on the findings, the report offers recommendations for overcoming these challenges. The conclusion summarizes the key findings and emphasizes the significance of aligning talent management strategies to achieve organizational success. References are also provided.
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Managing Successful Business Project
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INTRODUCTION
In recently, the level of competition is high in marketplace because of the demand related the
talented employees.
The biggest retailers have been focused on the targeting the talented people those are
handling the business complex situation or condition. Nowadays, organisations are
implementing concept of talent management in organisation which means that increase or
change the overall talent shortage, which in turn increase the competition of talent.
Thus, it is major effect on the entire organisations. The strategies of talent management plays
important role where improving transformational change in the business environment.
Talent management is one of the important factor in the organisation that help for achieving
sustainable success (Sánchez-Ibáñez, Guerrero-Romera and Miralles-Martínez, 2021). The
failure of business is depending on the business environment or culture in marketplace. A
conflict issue may arises among staff members in the workplace and impact on the overall
business profitability.
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DATA ANALYSIS
Q1) Do you think talent management
strategies can help companies to
achieve success within the market
Frequency
Yes 20
No 10
Total 30
· Yes
· No
Total
0 5 10 15 20 25 30 35
Frequency
Frequency
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Con...
Q2 Does mark and Spencer has some
specific talent management initiative
within their business ?
Frequency
Yes 25
No 5
Total 30
Frequency
· Yes · No Total
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Con...
Q3- talent management Strategies used by
the M&S to retain skill employees within
their workplace ?
Frequency
A) Recruitment and selection 10
A) Training and development 15
A) Career development 2
A) All of the above 3
Total 30
Recruitment and selection
Training and development
C) Career development
D) All of the above
Total
0
10
20
30
Frequency
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Con...
Q4- Do you agree talent management
practises run by HR department of M&S
effective ?
Frequency
agree 10
strongly agree 8
neutral 4
disagree 5
strongly disagree 3
Total 30
Frequency
· agree · strongly agree
· neutral · disagree
· strongly disagree Total
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Con...
Q5 What do you think companies
should improve their talent
management practises
Frequency
Yes 15
No 15
Total 30
· Yes
· No
Total
0 5 10 15 20 25 30 35
Frequency
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Con...
Q6- what are the benefits of talent
management practises
Frequency
Employee engagement 5
Employee motivation 5
career development 5
All of the above 15
Total 30
· Employee engagement
· Employee motivation
· career development
· All of the above
Total
0
10
20
30
Frequency
Frequency
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Con...
Q7 - Rate on the scale of 1 to 5
according to the effectiveness of talent
management practises run by HR
department of M&S
Frequency
1 3
2 2
3 5
4 12
5 8
Total 30
Frequency
· 1 · 2 · 3 · 4 · 5 Total
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Con...
Q8- what are the Challenges and implementing
the talent management strategies ?
Frequency
A) Employee turnover 10
A) Lack of leadership 15
A) Lake of talent and skills within market 3
A) All of the above 2
Total 30
0
10
20
30
Frequency
Frequency
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9) Recommendation for overcome challenges from the talent management strategies
There are various strategies that can help to overcome the challenges from time
management.
One of the effective strategy is to understand the needs of jobs within the company,
human resource management or team of the company should identify job roles that
need to be fulfilled and recruit skilful employees according to the needs.
leader should implement effective leadership skills so they can lead effectively
employees and help them in their career development.
skill and development programmes should be implemented so employees can be more
effective in their work and they will support the talent management within their
organisation.
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CONCLUSION
As per the report has been Some of the challenges that cankered study of the M&S and
discussed about the talent management strategies that helps in attract and retain people
within organization.
In this report, it has been represented the relevant strategies used in talent management,
in order to clarify and support the research topic.
This report has been discussed the alignment of talent management strategy in further
explained and develop a framework presented at the chapter.
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REFLECTION
JindalSnape, D., Hannah, E.F. and MacGillivray, S., 2020. Systematic literature review
of primary‒secondary transitions: International research. Review of Education, 8(2),
pp.526-566.
Whittaker, R. and McCabe, A., 2020. Expressing evaluation across disciplines in
primary and secondary CLIL writing: a longitudinal study. International Journal of
Bilingual Education and Bilingualism, pp.1-18.
Hasan, A., 2021. 3 Ethical considerations in the use of secondary data for built
environment research. Secondary Research Methods in the Built Environment, p.26.
Sánchez-Ibáñez, R., Guerrero-Romera, C. and Miralles-Martínez, P., 2021. Primary and
secondary school teachers’ perceptions of their social science training
needs. Humanities and Social Sciences Communications, 8(1), pp.1-11.
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