Research Project: Talent Management and Entrepreneurship

This research project delves into the critical role of talent management within the realms of entrepreneurship and small businesses, with a specific focus on Rowlinson Knitwear. The project begins with a comprehensive introduction outlining the importance of talent management in attracting, retaining, and developing employees to enhance business performance and foster innovation. The research employs a structured approach, starting with a research proposal that establishes a clear research question supported by a literature review. The literature review explores the benefits of talent management, the challenges faced by businesses without it, and potential solutions. The project then examines appropriate research approaches and methods, including primary and secondary research, considering ethical and cost-related issues. The study includes primary and secondary research using proper methods for a business research project that undertakes access, cost and ethical issues. The findings are analyzed using appropriate analytical tools. The project culminates in communicating the research outcomes, reflecting on alternative methodologies, and offering recommendations and conclusions based on the research findings. The project aims to provide valuable insights into how effective talent management can contribute to the success and growth of small businesses and entrepreneurial ventures.

Research project

Table of Contents
TOPIC: “Talent management for entrepreneurs and small businesses”. ........................................3
INTRODUCTION...........................................................................................................................3
TASK 1............................................................................................................................................4
P1Produce a research proposal that clearly state a research question supported by a literature
review.....................................................................................................................................4
Rationale of research..............................................................................................................4
LITERATURE REVIEW................................................................................................................5
Role of talent management for entrepreneurs and small businesses......................................5
Benefits of talent management in development of small business and entrepreneurship
successfully.............................................................................................................................5
Challenges faced by Rowlinson Knitwear without talent management.................................6
Ways for overcoming the challenges associated with talent management at workplace of
Rowlinson Knitwear...............................................................................................................6
P2 Examine appropriate research approaches and methods to primary and secondary research
................................................................................................................................................7
TASK 2..........................................................................................................................................10
P3 Conduct primary & secondary research using proper methods for a business research
project that undertakes access, cost and ethical issues.........................................................10
P4 Apply appropriate analytical tools, analyse research findings and data.........................12
TASK 3..........................................................................................................................................21
P5 Communicate the research outcomes to the intended audience......................................21
TASK 4..........................................................................................................................................22
P6 Reflection........................................................................................................................22
P7 Consider alternative research methodologies and lessons learnt in view of the outcomes.22
RECOMMENDATIONS...............................................................................................................23
CONCLUSION..............................................................................................................................23
REFERENCES..............................................................................................................................24

TOPIC: “Talent management for entrepreneurs and small businesses”.
INTRODUCTION
Talent management is a continuous which includes attracting and retaining quality
employees, continuously motivating them and developing their skills in order to improve their
performance. The main purpose of managing talent is to develop a motivated workforce that will
stay with organisation for longer time period. In addition to this, talent management plays an
important role as it assist in enhancing business performance, drives innovation, allow to attain
competitive advantage, decrease turnover rate, develop strong employer branding and many
more (Adamsen, 2016). Employee are the asset for every business entity that assist in meeting
with targets and objectives effectively and timely. To organise and manage employees within the
organisation, talent management is important function that develop positive working culture
within a company. To complete this investigation on the particular topic, researcher undertakes
Rowlinson Knitwear which produces knitwear and school wear for the school students. Along
with this, the company was founded in year 1973 and headquartered in United Kingdom. The
report will discuss about the role of talent-management in small business and entrepreneurship.
In addition to this, challenges associated to talent management and the ways to deal with such
challenges is analysed in the report. This study is beneficial for company in order to attract and
retain talent at workplace in an effective manner.
TASK 1
P1Produce a research proposal that clearly state a research question supported by a literature
review
Research aim:
The Main aim of this research is “To determine the benefits of talent management in
successfully development of small business and entrepreneurship. A study of Rowlinson
Knitwear
Research Questions:
 What are the major roles of talent management for entrepreneurs and small businesses
 How talent management helps in development of small business and entrepreneurship
successfully?

 What are the major challenges that would be face by Rowlinson Knitwear without talent
management?
 What are the effective ways for overcoming the challenges associated with talent
management at workplace of Rowlinson Knitwear?
Research Objectives:
 To identify the role of talent management for entrepreneurs and small businesses.
 To determine the benefits of talent management in development of small business and
entrepreneurship successfully.
 To examine the challenges that would be face by Rowlinson Knitwear without talent
management.
 To recommend ways for overcoming the challenges associated with talent management at
workplace of Rowlinson Knitwear.
Rationale of research
This research is highly important as it assist researcher in gaining knowledge about the
role of talent management for small businesses and entrepreneurs. In addition to this, it also
allowed research to know about the benefits as well as challenges associated with managing
talent of small business and entrepreneurship. It also assist researcher to know about the ways
company uses in order to overcome with the issues related to talent management. This assist
researcher in both professional and personal aspect. In context to professional, gaining
knowledge about management importance and role help in dealing with issues arise researchers
workplace. In relation to personal, it enhance skills of investigator that is data analysis, data
interpretation, communication skills, time management and so on. Moreover, it also help
researcher in future to conduct research timely and attain positive outcome as well.
LITERATURE REVIEW
Literature review is referred as a survey of scholarly knowledge on a particular topic. In
addition to this, it is the procedure of gathering detailed as well as in-depth information about the
study. The main objective of this section is to analysing gaps & inconstancies in the previous
investigation. Moreover, it also assist researcher in addressing every objective of present
investigation in a proper manner and systematic manner as well.

Role of talent management for entrepreneurs and small businesses
According to Shipra singh, (2019), it is stated that talent management is one of the crucial
aspect as it help small businesses to become competitive in this uncertain marketplace. In
addition to this, it is determined that company can enhance its performance and also decline cost
due to effective talent management strategies. In context to small businesses, hiring the right
person is one of the significant factor that is attained by making use of effective talent
management strategies which in turn help small business and entrepreneurs to execute activities
properly and attain growth as well as success at marketplace (Bridge and O'Neill, 2017). It is
analysed that team of skilled and talented staff members help entrepreneurs to bring innovation
in market that attract large number of customers and aid them to achieve competitive advantage
at marketplace. In order to convert the idea into implementation appropriately at marketplace,
hiring and retention of talent is required within an organisation. Furthermore, the modern-day
entrepreneurs believes that ever-raising significance of practices of talent management can set
stage and help them to gain high dividend in the long-term effectively.
Benefits of talent management in development of small business and entrepreneurship
successfully
According to the views of Echelon, (2020), Efficient and effective talent management helps in
the growth of small business and enterprise. It is one of the most important business strategy in a
competitive and changing environment. Entrepreneur can optimise their profitability and
performance or can reduce their operating cost by using talent management strategy (Alhabeeb,
2014). In small scale industry there are less no of employee those are wholly responsible for the
company performance and its functions. Because of this small business have to make sure that
they will select right and suitable candidate for their organisation. Small entity must take care of
their employee and their loyalty, this is one of the ideal situation when the small enterprise gives
more focus on training and development.
Challenges faced by Rowlinson Knitwear without talent management
As per the views of Karim, Choudhary, and Latif, (2021), Employees are one the most
important resources of any small industry as employee turnover impact small entity. Small
business or entrepreneur can provide valuable productivity because of their skilled and trained
employee. Talent management will help small enterprises in retaining employee. The company
success mainly depends on their employee and their efficiency, so it is very crucial to select right

person at right place. Nowadays talent management become integral part of business which
include training, programs, development and hiring. If small company or entrepreneur who start
new business fail to hire and retain skilled workers as per requirement, then company will face
shut down in early days. New entrepreneur has to ensure that their employee maintain work life
balance, it is important for the company growth. In competitive environment talent management
plays key role in filling skill gap for the development of the company. To understand this
concept in better way, lets discuss the process of talent management. In the absence of talent
management, the company is not able to develop and train their employees in a better and
efficient way. This can create hindrance in the growth and development of the company, and
company may face losses, and Rawlinson Knitwear may not be able to stand in the market for
long run.
Ways for overcoming the challenges associated with talent management at workplace of
Rowlinson Knitwear
As per the views of KOLKEA, (2021), The best TMS can segregate core process of HR. TMS
collect, store and share the data and interlink between various departments. This gives clear
picture of data that is used as a company resources. It assists in strategic business decision
making of the small enterprise. TMS focus on individual goal along with business goal which
integrate development of small industry (Bennett, 2014). The first step in this process is to
understand the requirement and specification of skill gap. Then target the suitable employee for
their industry after that attract and recruit the employee. For selection best employee must be
selected out of whole slot. Now for the retention of best employee company must focus on
training development, promotions, career development and performance appraisal. The company
can overcome with the challenges of talent management at workplace by focusing on the points
discussed below:
 The company must hire the employees who are good at the required skills and examine
their talent so that they need not to face any problems in near future.
 Lack of leadership can become a challenge, but this can be overcome if management
trains the leaders and develop their skills and practical requirements for leading their
teams in good manner.

P2 Examine appropriate research approaches and methods to primary and secondary research
Research methodology refers as a process which is used in order to identify, analyse,
process as well as select data associated to the particular topic. In addition to this, it is one of the
important part of conducting study which assist in reflecting the overall evaluation of research
with their validity as well as reliability (Brizek, 2014). In this, various factors that is research
philosophy, approach, paradigm, collection & analysis of information is included which are
undertaken as a research onion that is given below:
Research design: It is referred as the process which assist in identifying the research
problem by different types of research design such as exploratory, experimental and descriptives
as well. In order to determine the research problem through quantitative sources, descriptive
research design is appropriate that is applied by the investigator in the present study.
Justification: The main reason of selecting descriptive research design is it help in
getting quantitative results in less time and cost as well.
Research philosophy: The present research can be based on the positivism and
interpretivism philosophy, in which positivism philosophy is undertaken in order to perform this
investigation in a systematic manner. It is stated that interpretivism philosophy is mainly based
in the principles which are applied and used to state that investigator performs and play a
particular role in observing the different concepts and phenomenon of social world (Bussin,
2014). Positivism philosophy tends to state that “genuine” knowledge is exclusively and
basically derived from the understanding and experience of natural phenomenon & their relations
and properties as well.
Justification: The selected philosophy is mainly based on the facts which leads to
improved sensory experience that is based and interpreted on logic and reason. In addition to
this, it help researcher to gather quantitative information that further assist in developing valid
and reliable conclusion effectively.
Research approach: There are mainly two types of research approaches that is deductive
and inductive approach. Inductive approach consist of resemblances, patterns, regularities within
experience are observed mainly for reaching or develop effective conclusion. On the other hand,
deductive research approach is one which is line with positivism philosophy & facilitate better
scanning as well as testing of numerical facts. For the present investigation, deductive approach
will be applied by researcher.

Justification: The reason of using this approach is it depend on existing theory and help
in developing hypothesis due to which reliable and valid conclusion is drawn by the investigator
(Cascio and Aguinis, 2018). In addition to this, it consume less time and resources which is also
the reason to applied deductive research approach.
Research strategy: It is consider as one of the important factor in an investigation that
involve different forms of research strategies such as survey, case study, action research and
many more. As per the given topic, Survey is undertaken by the researcher.
Justification: The main reason of using survey as a research strategy is it facilitate
investigator to collect as well as analyse quantitative and primary data within less time period. In
addition to this, it also help researcher to gain in-depth knowledge about the topic due to which
positive and valid conclusion is drawn.
Research choice: The choices of research includes quantitative and qualitative research
method, in which one is chosen and applied by investigator. In addition to this, the study
undertakes quantitative research method for conducting the investigation.
Justification: The main reason of selecting quantitative research method is it mainly
based on the numerical data that help investigator in ensuring that the overall results attained will
be reliable, valid and is more accurate as well (Brizek, 2014). In addition to this, it is analysed
that this research method take less time and cost of investigator.
Sampling: It is defined as the method of selecting number of respondents from the
overall population in order to conduct study and to collect data for the investigation. There are
mainly two forms of sampling that is probability and non-probability sampling (Dirani and et.
al., 2018). In addition to this, probability sampling includes random selection of respondents and
allow to make statistical inferences about the topic. On the other hand, non-probability sampling
method includes non-random selection that tends to be depend on convenience and other aspects
as well. In the present research, random sampling method, which is a form of probability
sampling is taken into consideration.
Justification: The main purpose of selection probability sampling method is it decline
the chance of biasness and also help investigator in choosing the participants without any bias. In
addition to this, the sample size of this investigation is 30 respondents who are the employees
working in respective organisation. The main reason of selecting employees as participants is

they have the knowledge about the company and provide knowledge to researcher that further
help in developing reliable and valid results.
Research instrument: There are various forms of research instrument used by the
researcher in order to conduct study and these are interview, questionnaire, focus group and so
on (Golubovskaya, Solnet and Robinson, 2019). In addition to this, all this instruments are
important in order to gather information. For the present investigation, questionnaire is chosen
by the investigator for collecting data on the particular study.
Justification: The main reason of using this research is it help in collecting data which is
in the form of numbers. In addition to this, it does not require more time and resources of
researcher and assist in achieving valid results if compare to other research instruments.
Data collection: It is defined as the procedure of collecting data on the particular study
associated to the study. The two different forms of data collection is primary and secondary
method. In context to primary data, it is the information which is collected for the first time and
is original in nature. The various sources of collecting primary information is questionnaire,
survey, interview and many more. On the other hand, secondary data is collected through books,
articles,journals, websites and so on (Rashki and et. al., 2017). For conducting the present
investigation, both the data collection method is used.
Justification: For collecting the primary information, a questionnaire is developed by
the researcher and for secondary data, the view point of different authors is consider and on the
basis of it literature review is developed. The main reason of selecting this methods is it assist in
gaining in-depth information about the topic due to which effective conclusion is drawn timely
and effectively.
Data analysis: It is defined as the procedure of evaluating both qualitative and
quantitative information through analytical techniques of investigation. In addition to this, it is
stated that analysis of data is important in order to get valid and reliable results as well (Goffee,
and Scase, 2015). The methods of data analysis is thematic analysis, frequency distribution, pie
chart and many more. For the present study, frequency distribution analysis is taken into
consideration.
Justification: The present investigation is mainly based on the quantitative data and to
evaluate it there is a need of frequency distribution analysis. In addition to this, it help in

analysing quantitative information in a proper manner that leads to development of valid and
reliable conclusion timely and effectively.
TASK 2
P3 Conduct primary & secondary research using proper methods for a business research project
that undertakes access, cost and ethical issues
Ethics: These are the moral principles which researcher should apply regardless of place
and time as well. In addition to this, there are certain principle of ethics which must be follow by
investigator that is avoiding deceptive practices, declining the risk, protecting confidentiality &
anonymity, obtaining informed consent, giving right to withdraw and so on. All these ethics will
assist researcher in conducting of research activities without any delays and interruptions.
Reliability and validity: It is consider as another research methodology which is mainly
based on questionnaire (Mathias and Williams, 2018). Along with this, it is useful method of
collecting the data which help researcher to test validity and reliability outcomes.
Cost, access and ethical issues: For conducting investigation, researcher have to put
emphasis on some factors in order to attain positive research outcomes. For this, researcher
requires sufficient amount of funds as it help in conducting primary & secondary study
effectively. In addition to this, access regarding some resources or sources are also undertaken by
researcher in advance as it will be advantageous for completion of research systematically. Apart
from this, there are number of ethical practices that is followed by investigator for completion of
research that is confidentiality, authenticity, informed consent ans so on.
Questionnaire
Q1 . Do you have idea about talent management in small business?
a) Yes
b) No
Q2. According to you, what are the benefits gained by small business and entrepreneurs due to
talent-management?
a) Increase in performance
b) Achievement of competitive advantage
c) Retention of employees
d) Enhancement of brand image

Q3. As per your view point, is talent management assist in development of small business and
entrepreneurship successfully?
a) Agree
b) Disagree
Q4. What are the challenges faced by Rowlinson Knitwear without talent-management?
a) Increase employee turnover
b) Decline in performance level
c) Disagreements among employees
Q5. According to you, is above mentioned challenges impact on the performance and
productivity of Rowlinson Knitwear?
a) Yes
b) No
Q6. What are the advantages of talent-management for the employees of small business?
a) Boost up confidence
b) Employee motivation
c) Attainment of job satisfaction
Q7. What are the different ways can be adopted by Rowlinson Knitwear to overcome the
challenges related to talent-management at workplace?
a) Providing training and development
b) Adoption of participative leadership style
c) Fulfilment of employee's requirement
Q8. As per your view point, is above mentioned ways help Rowlinson Knitwear to deal with
the challenges related to talent-management?
a) Yes
b) No
Q9. Does talent management strategies effective for Rowlinson Knitwear to attain competitive
advantage?
a) Yes
b) No
Q10. Provide some recommendations to Rownlison Knitwear in order to manage talent at
workplace?

P4 Apply appropriate analytical tools, analyse research findings and data
Q1 . Do you have idea about talent management in small business? Frequency
a) Yes 22
b) No 8
Interpretation: From the above graph it is interpreted that out of 300 respondents 22
have knowledge about talent management while 8 respondents do not understand the idea of
talent management. In order to gain desired results the organisation needs to consider this data
related to knowledge of respondents about talent management.
Q2. According to you, what are the benefits gained by small business and
entrepreneurs due to talent-management?
Frequency
a) Increase in performance 8
b) Achievement of competitive advantage 8
c) Retention of employees 9
d) Enhancement of brand image 5
a) Yes b) No
0
5
10
15
20
25
22
8
Column B

Interpretation:From the above graph it is determined that 8 out of 30 respondents
enhanced performance is a major benefit of talent management to small firms while 8 consider
competitive advantage to be the main benefit. According to 9 participants employee retention is
benefit of talent management while 5 consider enhanced brand image a moor benefit of talent
management.
Q3. As per your view point, is talent management assist in development of
small business and entrepreneurship successfully?
Frequency
a) Agree 24
b) Disagree 6
a) Increase in performance
b) Achievement of competitive advantage
c) Retention of employees
d) Enhancement of brand image
0
1
2
3
4
5
6
7
8
9
10
8 8
9
5
Column C

Interpretation:From the above graph it is interpreted that out of 30 respondents 24 agree
with the statement that talent management assists development of small bushiness
entrepreneurship while 6 disagree with the statement. This piece of information should be taken
into consideration by the respective organisations.
Q4. What are the challenges faced by Rowlinson Knitwear without talent-
management?
Frequency
a) Increase employee turnover 10
b) Decline in performance level 10
c) Disagreements among employees 10
a) Agree b) Disagree
0
5
10
15
20
25
30
24
6
Column E

Interpretation:From the above graph it is determined that out of 30 respondents state
that increased employee turnover is the main challenge faced by Rowlinson Knitwear due to the
absence of talent management. 10 participants consider decreased performance level to be the
barrier caused due to absence of talent management while 10 state disputes between employees
to be the major barrier caused by the absence of talent management policies.
Q5. According to you, is above mentioned challenges impact on the
performance and productivity of Rowlinson Knitwear?
Frequency
a) Yes 20
b) No 10
a) Increase employee turnover
b) Decline in performance level
c) Disagreements among employees
0
2
4
6
8
10
12
10 10 10
Column C

Interpretation: From the above graph it is determined that 20 out of 30 respondents state
that various challenges influence productivity and performance at Rowlinson Knitwear while 10
participants state that challenges so not influence productivity of the firm.
Q6. What are the advantages of talent-management for the employees of
small business?
Frequency
a) Boost up confidence 8
b) Employee motivation 13
c) Attainment of job satisfaction 10
a) Yes b) No
0
5
10
15
20
25
20
10 Column N

Interpretation: From the above graph it is determined that 13 respondents consider
motivation to be the main advantage of talent management, 10 consider increased job satisfaction
to be a benefit while according to 8 enhanced confidence is the major advantage of talent
management for workers.
Q7. What are the different ways can be adopted by Rowlinson Knitwear to
overcome the challenges related to talent-management at workplace?
Frequency
a) Providing training and development 13
b) Adoption of participative leadership style 8
c) Fulfilment of employee's requirement 9
a) Boost up confidence
b) Employee motivation
c) Attainment of job satisfaction
0
2
4
6
8
10
12
14
8
13
10
Column C

Interpretation: From the above graph it is determined that 13 out of 30 participants
consider training and development sessions to be the practice to overcome barriers related to
talent management. Participative leadership style is considered by 8 respondents as the method to
avoid talent management barriers while 9 state fulfilment of employee need to be factor to
eliminate talent management challenges.
Q8. As per your view point, is above mentioned ways help Rowlinson
Knitwear to deal with the challenges related to talent-management?
Frequency
a) Yes 23
b) No 7
a) Providing training and development
b) Adoption of participative leadership style
c) Fulfilment of employee's requirement
0
2
4
6
8
10
12
14 13
8
9
Column D

Interpretation: From the above graph it is determined that 23 out of 30 participants state
that ways of talent management help in dealing with various talent management challenges while
7 do not consider talent management ways effective in dealing with barriers related to talent
management.
Q9. Does talent management strategies effective for Rowlinson Knitwear
to attain competitive advantage?
Frequency
a) Yes 19
b) No 11
a) Yes b) No
0
5
10
15
20
25
Column D

Interpretation:From the above graph it is determined that out of 30 respondents consider
talent management strategies effective in gaining competitive advantage while according to 11
talent management strategies are ineffective in gaining competitive advantage .
TASK 3
P5 Communicate the research outcomes to the intended audience
Stakeholders: The number of stakeholders plays vital role in completion of project
systematically and effectively. These are managers, government, employees and many more. All
this undertaken as important stakeholders but for gather data about the role of talent management
for entrepreneurs and small business, staff members is significant (Mrożewski and Kratzer,
2017). 30 employees of Rowlinson Knitwear will be chosen for gathering as well as analysing
information regarding present study.
Communicating research outcomes: There are various ways which can be used in order
to communicate outcomes to the stakeholders. These are written word, medium like presentation,
online, report and many more. For communicating the outcome of the investigation to various
stakeholders that is employee's, higher authorities , spoken words will be used as it facilitating in
making the information more clear and effective as well.
a) Yes b) No
0
2
4
6
8
10
12
14
16
18
20 19
11
Column O

TASK 4
P6 Reflection
I am glad for attaining this opportunity to perform study on a broad topic that is “ Talent
management for entrepreneurs and small businesses”. A study on Rowlinson Knitwear. By
conducting this research, I improved my learning about the effectiveness of talent management
on small businesses. Apart from this, I faced problems associated to time, ineffective behaviour
of participants and so on. For resolving the issue of time, I used Gantt chart and also followed
every principle of ethics. Moreover, for gather data about the research, I adopted questionnaire
that is more appropriate for me in collection of valid and reliable information.
P7 Consider alternative research methodologies and lessons learnt in view of the outcomes.
There are various ways for conducting a survey and the most common and the easiest way of
them all is the with the help of the questionnaire. For the collection of data there are primarily
two types of method and these methods are the qualitative and the quantitative method. For the
survey regarding the talent management the the organisation used the quantitative measure. The
alternate ways for the fulfilment of this task is with the help of conducting interview. With the
help for the interview the organisation will be able to make sure that they will be getting the best
information. As with the help of the personal interview it may be possible that they employees
will give better answer to all the question (Murugesan and Jayavelu, 2017). Through this the
researcher will also be adding new perspective for thinking. With the help of the personal
interview the employees will be able to answer better, as the questionnaire will only be providing
the respondents with limited answer whereas the in case with the personal interview both the
respondent and the researcher will be able to answer with different perceptive. Another one of
the research methodology is to use the process of observation. This type of method sure is time
taking but through this type of method the cost for the research will be reduced. This will allow
the manger to get better insight for the research. Although both these type of the data will only
be providing the researcher with the qualitative aspect of the research, but it will provide them
better insight about what they wanted to know. The researcher will have to sharpen their senses
for getting better qualitative aspect of the data they want to achieve.

RECOMMENDATIONS
 It is recommended to the higher authorities of respective organisation to provide training
and development session to employee's as it help in enhancing skills, capabilities of staff
members which develop interest in employees to work with full potential and attain
objectives timely.
 In addition to this, it is suggested to allow employees to participate in the decision
making procedure as it help in motivating staff members and develop confidence that
leads to employee retention and satisfaction as well (Sparrow, Brewster and Chung,
2016).
CONCLUSION
From the above study, it has been concluded that talent management plays an important
role for small businesses and entrepreneurship as it help them to attract, acquire and retain talent
at workplace that impact directly on the productivity and profitability of organisation. In addition
to this, it is important for a business entity to make use of effective talent management ways or
strategies as it help in dealing with the issues such as increase in employee turnover rate, decline
in performance of employees and many more. Moreover, it is significant for researcher to use
effective methods to collect data as it impact directly on the results and outcomes attained.

REFERENCES
Adamsen, B., 2016. Demystifying talent management: A critical approach to the realities of
talent. Springer.
Bridge, S. and O'Neill, K., 2017. Understanding enterprise: Entrepreneurs and small business.
Macmillan International Higher Education.
Brizek, M. G., 2014. Explaining corporate entrepreneurship: A contemporary literature
investigation. Journal of management and marketing research, 14, p.1.
Bussin, M., 2014. Remuneration and talent management. eBook Partnership.
Cascio, W. F. and Aguinis, H., 2018. Applied psychology in talent management. SAGE
Publications.
Dirani, K., Bowman, E., Guyer, T., Kasper, R., Makarem, Y., Ray, S., Wang, C. W. and Xie, L.,
2018. Talent management and development in the United Arab Emirates. Advances in
Developing Human Resources, 20(4), pp.479-497.
Golubovskaya, M., Solnet, D. and Robinson, R. N., 2019. Recalibrating talent management for
hospitality: a youth development perspective. International Journal of Contemporary
Hospitality Management.
Rashki, M., Salarzehi, H., Kamalian, A., Seyyed Naghavi, M. A. and Vazife, Z., 2017. Proposing
an Pattern for Effective Determination and Establishment of Entrepreneurial Talent
using a Meta-synthesis Approach. Journal of Entrepreneurship Development, 10(2),
pp.259-278.
Thunnissen, M. and Gallardo-Gallardo, E., 2017. Talent management in practice: An integrated
and dynamic approach. Emerald Group Publishing.
Wapshott, R. and Mallett, O., 2015. Managing human resources in small and medium-sized
enterprises: entrepreneurship and the employment relationship. Routledge.
Alhabeeb, M.J., 2014. Entrepreneurial finance: fundamentals of financial planning and
management for small business. John Wiley & Sons.
Bennett, R.J., 2014. Entrepreneurship, small business and public policy: Evolution and
revolution. Routledge.
Brizek, M.G., 2014. Explaining corporate entrepreneurship: A contemporary literature
investigation. Journal of management and marketing research, 14, p.1.
Goffee, R. and Scase, R., 2015. Women in charge (Routledge revivals): The experiences of
female entrepreneurs. Routledge.
Mathias, B.D. and Williams, D.W., 2018. Giving up the hats? Entrepreneurs' role transitions and
venture growth. Journal of Business Venturing, 33(3), pp.261-277.
Mrożewski, M. and Kratzer, J., 2017. Entrepreneurship and country-level innovation:
Investigating the role of entrepreneurial opportunities. The Journal of Technology
Transfer, 42(5), pp.1125-1142.
Murugesan, R. and Jayavelu, R., 2017. The influence of big five personality traits and self-
efficacy on entrepreneurial intention: The role of gender. Journal of entrepreneurship
and innovation in emerging economies, 3(1), pp.41-61.
Sparrow, P., Brewster, C. and Chung, C., 2016. Globalizing human resource management.
Routledge.
Storey, D.J. ed., 2016. Entrepreneurship and New Firm: Theory and Policy. Routledge.
Tansley, C., Hafermalz, E. and Dery, K., 2016. Talent development gamification in talent
selection assessment centres. European Journal of Training and Development.

Online
Echelon, T., 2020. How Recruiters Can Help Solve Talent Management Challenges. [ONLINE].
Available through: < https://www.topechelon.com/blog/recruiting-software-
solutions/talent-management-challenges-issues-problems/>.
Karim, M., Choudhary, M. and Latif, W.B., 2021. THE IMPACT OF TRAINING AND
DEVELOPMENT ON EMPLOYEES' PERFORMANCE: AN ANALYSIS OF
QUANTITATIVE DATA. [ONLINE]. Available through: <
https://www.researchgate.net/publication/331147751_THE_IMPACT_OF_TRAININ
G_AND_DEVELOPMENT_ON_EMPLOYEES'_PERFORMANCE_AN_ANALYSIS
_OF_QUANTITATIVE_DATA>.
KOLKEA, B., 2021. OVERCOME CHALLENGES IN ENGAGING AND RECRUITING
CRITICAL SKILLED TALENT WITH HR TECHNOLOGY. [ONLINE]. Available
through: <https://www.glocalthinking.com/en/overcome-challenges-in-engaging-and-
recruiting-critical-skilled-talent-with-hr-technology>.
Paul, E., 2020. Key Features and Benefits of Talent Management Software. [ONLINE]. Available
through: < https://www.emptrust.com/blog/key-features-and-benefits-of-talent-
management-software>.

Recommended Research Proposal
Proposed title
Talent management for entrepreneurs and small businesses.
Background
Talent management is referred as a procedure of hiring and retaining skilled and
knowledgeable employees in organization. Effective talent management is one of the integral
aspect of a business entity that leverage a company to become more competitive in this
uncertain market (Collings, 2017). An organization can enhance its performance and also
decline the level of cost occurred by applying talent management strategies. By the
assistance of talent management, entrepreneurs and small businesses can attain competitive
edge at marketplace effectively. In easier term, talent management is defined as procedure
by which business entities and organization retain talented workforce that has favorable
results on productivity as well as profitability. For conducting this investigation, Rowlinson
Knitwear is taken into consideration. The company produces Knitwear and school wear for
school students. It was established in year 1972 and its head office is located in UK.
Initial review of the literature

Role of talent management for entrepreneurs and small businesses
According to Mona Mamtazian, (2017),Talent management plays significant role in achieving
organisation's performance optimization and sustainability in market. By applying right strategy
over the right place increases cost-effectiveness and overall efficiency of an enterprise. This very
factor depends upon company's workforce and working environment (Elegbe, 2016). Therefore,
Rowlinson Knitwear being a established manufacture must emphasize over recruiting skilful
individuals in order to achieve optimum growth. Organisation focuses over hiring impactful talent
as it aids in building a successful enterprise in retail industry. It is required to retain such skilful
workforce by managers in order to overcome major challenges it faces globally.
Benefits of talent management in development of small business and entrepreneurship
As per the view point of Noorma Green, (2018),One of the major benefit of retaining a base of
skilful employees is that it aids in development of motivated and dedicated employees in an
organisation. This will advance organisation overall productivity levels and profitability in the long
run. Rowlinson Knitwear has grabbed opportunities of overall development of organisation in
terms of both personally and professionally which will lead to higher efficiency and low recruitment
turnover. Therefore, company's overall efficiency is somehow dependent on talent management
by retention of luminous talent and eliminating chances of losing one.
To examine the challenges that would be face by Rowlinson Knitwear without talent management.
As per the view point of Tammy Erickson, (2019), there are various challenges faced by an
organization while managing talent at workplace. One of the major challenge is higher
demand of compensation by the employees that impact on the overall performance of an
organization(Talent management challenges, 2018). In addition to this, the other challenge is
increase employee turnover ratio due to which company face many issues such as ineffective
implementation of activities, decline in profitability and so on.
To recommend ways for overcoming the challenges associated with talent management at workplace of
Rowlinson Knitwear.
According to Kim Foster, (2017), it is important for higher authorities to focus on declining the level
of challenges associated with managing talent at workplace. For this, there are various strategies
that is providing effective compensation to the employees as it help in retaining staff members for
longer time period (Four key talent management challenges facing HR leaders and how to
overcome them, 2017). In addition to this, providing training and development session to
2

employees also assist company to overcome with the challenges in an effective manner.
Research questions and objectives
Research aim: Main aim of this research is “To determine the benefits of talent management
in successfully development of small business and entrepreneurship. A study of Rowlinson
Knitwear
Research Questions:
What are the major roles of talent management for entrepreneurs and small businesses?
How talent management helps in development of small business and entrepreneurship
successfully?
What are the major challenges that would be face by Rowlinson Knitwear without talent
management?
What are the effective ways for overcoming the challenges associated with talent
management at workplace of Rowlinson Knitwear?
Research Objectives:
 To identify the role of talent management for entrepreneurs and small businesses.
 To determine the benefits of talent management in development of small business and
entrepreneurship successfully.
 To examine the challenges that would be face by Rowlinson Knitwear without talent
management.
 To recommend ways for overcoming the challenges associated with talent
management at workplace of Rowlinson Knitwear.
Research design and data collection
Research methodology is undertaken as an important part of investigation as it help
researcher to gather as well as evaluate data on the particular topic. There are various
methodologies which will be important for getting information about the benefits of talent
management in successfully development of small business and entrepreneurship. It is given
below:
Research Design: It is the procedure that help in identifying the research problem by various
forms of research design that is descriptive, exploratory and experimental. All these are
significant but as per the topic descriptive form of research design will be applied as it assist
researcher to determine research problem by quantitative sources. In addition to this, it is
beneficial for researcher in getting quantitative outcome in less time period. Experimental and
exploratory research design is not appropriate in this investigation as it consume more time
3

and did not help in getting results in quantitative form.
Research Philosophy: It is basically a procedure of using, gathering as well as analyzing
the data about the particular topic. In addition to this, there are mainly two philosophies of
research that is interpretivism and positivism (Kontoghiorghes, 2016). For the present
investigation, Positivism philosophy is appropriate and valuable as it assist In gathering as
well as analyzing numerical information without any issues like cost, resources and time as
well. On the other hand, Interpretivism philosophy is not important in present research as it is
mainly based on qualitative information that needs maximum resources.
Research Approach: It is the procedure used by researcher in order to evaluate quantitative
and qualitative data by means of deductive and inductive approach. For the present study,
deductive research approach will be applied as it provide quantitative information and not
undertake high time. On the other side, Inductive approach is not useful in present
investigation as it need data which is in the form of qualitative that takes more time and
resources as well.
Research Strategy: There are different research strategies such as case study, survey,
action research and so on. All these are important strategies but as per the research topic,
survey is one of the beneficial research strategy as it facilitate researcher to gather and
analyze the primary and quantitative information in less time frame.
Research Choice: There are mainly two research choices that is quantitative and qualitative.
Both these methods are useful and effective but as per the topic, quantitative research choice
is helpful as it assist in gaining valid outcomes in less time and cost as well (Lawler, 2017). In
relation to Qualitative research choice, it is not appropriate for the present study as It require
high sources & also not assist in choosing of large sample size.
Sampling: It introduces as a procedure which is followed by investigator in order to select the
sample size from large population. In addition to this, there are two sampling methods that is
probabilistic and non-probabilistic method. Random sampling method, a form of probability
sampling method is taken into consideration and on this basis 30 employees of Rowlinson
Knitwear will be chosen. The main objective of using random sampling for the investigation is
it does not take additional time within the selection of participants. Non-probabilistic sampling
method is not significant within the research as it take time and did not facilitate large sample
selection.
Research Instruments: There are different research instruments that is observation,
4

questionnaire, interview, focus group and many more. All this research instruments is
important but as per the research, questionnaire is useful and effective research instrument
as it assist in gathering information that is in the form of numbers. Along with this, such
research instrument did not need time & assist in attaining valid results in comparison to
other instruments.
Data collection: It is basically a procedure of gathering data on the particular topic. Primary
and secondary are the two methods of data collection. In order to gather primary data,
questionnaire will be used as it help in getting reliable and valid outcomes. In context to
secondary data, articles, magazines, books, journals is used (Murillo, 2019). So, both primary
as well as secondary methods of data collection is important for gather information and attain
positive outcomes.
Data analysis: It is the procedure of evaluating the quantitative and qualitative data by
analytical techniques of research. The current research is based on quantitative data and to
evaluate it, there is a requirement to use frequency distribution analysis. It is essential and
useful for the researcher as it assist in evaluating quantitative information without consuming
high time.
Activities and Timescale
In order to gain knowledge about the time required for completion of investigation, Gantt chart
is applied. It is a form of bar chart which outline activities included in the research along with
the time period (Narayanan, 2019). It help researcher to identify the initial and ending time of
activities that help in completion of research within set time period. Gantt chart of the present
research is given below:
5

6

Reference list
Collings and et. al., 2017. The Oxford handbook of talent management. Oxford University Press.
Elegbe, J.A., 2016. Talent management in the developing world: Adopting a global perspective. Routledge.
Kontoghiorghes, C., 2016. Linking high performance organizational culture and talent management:
satisfaction/motivation and organizational commitment as mediators. The International Journal of
Human Resource Management, 27(16), pp.1833-1853.
Lawler, E.E., 2017. Reinventing talent management: Principles and practices for the new world of work.
Berrett-Koehler Publishers.
Murillo, and et. al., 2019. Why do employees respond to hospitality talent management. International
Journal of Contemporary Hospitality Management.
Narayanan, and et. al., 2019. Talent management and employee retention: An integrative research
framework. Human Resource Development Review, 18(2), pp.228-247.
Taylor, S., 2018. Resourcing and talent management. Kogan Page Publishers.
Online:
Talent management challenges, 2018, [online] Available through
<https://www.randstad.com/workforce-insights/talent-management/5-biggest-talent-
management-challenges-hr-2017/>
Four key talent management challenges facing HR leaders and how to overcome them, 2017 [online]
Available through: <https://connor.co.uk/insights/blog/people-development/four-key-talent-
management-challenges-facing-hr-leaders-and-how-to-overcome-them/>
7