Analysis of Talent Management Challenges and Strategies at Rolls Royce

This report delves into the talent management practices of Rolls Royce, a luxury car manufacturer. It begins with an introduction highlighting the importance of talent management in organizational success, followed by an examination of the research aims and objectives, which include identifying challenges and proposing effective talent management plans. The main body encompasses a project management plan outlining costs, scope, and timelines. A work breakdown structure (WBS) and Gantt chart detail the research activities and schedule. The research methodology, including qualitative and quantitative approaches, data collection methods, and sampling techniques, is thoroughly explained. The data analysis section presents findings from a questionnaire, analyzed thematically to assess employee awareness of talent management, understanding of company processes, preferences for training, and satisfaction with current strategies. Recommendations are provided based on the data analysis, and the report concludes with reflections on the research process.

UNIT 6 — MANAGING A
SUCCESSFUL BUSINESS
PROJECT

Table of Contents
INTRODUCTION...........................................................................................................................3
MAIN BODY...................................................................................................................................3
P1. Research Aim and Objectives................................................................................................3
P2. Project Management Plan......................................................................................................4
P3 WBS & Gantt Chat.................................................................................................................5
P4. Research Methodology..........................................................................................................7
P5. Data Analysis.........................................................................................................................8
P6. Recommendation.................................................................................................................14
P7. Reflection.............................................................................................................................15
CONCLUSION..............................................................................................................................15
CONCLUSION..............................................................................................................................16
REFERENCES................................................................................................................................1
APPENDICES.................................................................................................................................2

INTRODUCTION
Talent management is a practise that organize strategy, process of selecting the right
talent onboard and help them to grow their skills and development and capabilities keeping
organization objectives in mind. Rolls Royce is one of the oldest and royal brands that
manufacturers Luxury cars for rich people all over the world. The present research will identify
the challenges and obstacles that are faced by Rolls Royce during implementing talent resource
in the company. It will analyse the data through the specific methodological and determine the
relevant conclusion regarding the strategies that are being implemented in Rolls Royce. At the
end recommendation will also provide on the basis of analysing of data.
MAIN BODY
P1. Research Aim and Objectives.
Rationale
The rationale of undertaking this research is to highlight various challenges and obstacle
in manufacturing sector in hiring and retaining optimum level of talent. The study will include
strategic analysis of Rolls Royce in achieving its objective of talent management. Also, the
researcher aims to suggest efficacious TM plan for Rolls Royce.
Aim: To study the key challenges and obstacles facing manufacturing sectors in terms of talent
management: A study on Rolls Royce limited.
Objectives:
The aim of this study is to investigate on the issues and hindrances faced by Rolls Royce
in managing talent.1. To understand the challenges and obstacles related to talent-management.2. To identify challenges and issues associated with Rolls Royce in managing talent.3. To analyse the strategies of Rolls Royce in overcoming challenges of talent management.4. To propose an effective talent management plan for Rolls Royce.
Research question
1. What do you mean by the concept talent-management?
2. What are the challenges and obstacles faced by the Rolls Royce during recruiting and
training of talent resources?

3. How Rolls Royce overcome the issues faced in talent management practise strategies to
be followed?
P2. Project Management Plan.
PMP refers to the comprehensive structure for carrying out undertaken research. It
outlines various features associated with the study in terms of resources, cost and time aspect.
All the risk associated with the study are taken into consideration. It is prepared in the form of
document which states the way in which all the activities are executed and controlled. The
project management plan for the current study are as follows:
Cost: It is the most important aspect that is to be considered before undertaking any
research work. Cost helps in deciding upon the scope of conducting study. It can be forecasted
through appropriate examining the tasks and activities associated with research. Here the
researcher has the requirement of $500 in accomplishing research related tasks and activities.
Scope: it refers to the extent to which the researcher will cover various parameters
associated with the research problem. The scope must be defined after properly identifying the
researcher's ability to explore and dedicate time towards research activities. Here the scope will
be limited to Rolls Royce operating in manufacturing sector of UK.
Time: Successful accomplishment and achievement of research objectives require
reasonable time to conduct study where the findings of the research should be capable of
answering research questions. Here in this particular study the researcher will need a time of 7
weeks or 50 days during which their defined research objectives can satisfactorily achieved.
Quality: Quality of research can be determined through the reliability and validity of the
collected data. The researcher should make sure that quality of research should not be
compromised at all. This can be ensured by collecting relevant information in terms of recent and
authenticity.
Communication: Every research has an important component in terms of communication
which must be satisfied to accomplish research objectives. In order to gather information, there
must effective communication with the participants and respondents of the research. An effective
communication helps in getting good quality and accurate information. In this research the
scholar will communicate with employees of Rolls Royce and human resource managers to
accomplish the aim of this research.

Risk: The various risk factor that may affect the research and is needed to identify before
the research conducted. Risk can be prevented by developing correct measures for the treatment
of risk and help to make the better strategy for the successful research. The risk might arise from
the accuracy of data that are collected and faced in the research.
Resources: These resources are the assets which are required by the researcher to
conduct the research and include human and technological aspects that help to complete the
research successfully.
P3 WBS & Gantt Chat
Work Breakdown structure shows the structure of hierarchy that are developed through
categories and sub categories that are conducted during the period of research planned. It helps
researcher to identify the activities to be performed under each heads and when to performer
each of them.
Gantt Chart help to develop the timeline that shows the time that will be taken for the completion
of activities and the manner different activities will be performed in a flow. For this research it is
presented in a following manner:

Literature review
As per the author, talent management help to ascertain the right person to deploy in the
company at the right position. It helps organization to retain their top talent from the market to
achieve the target goal. It also helps company to understand their employees better to shape their
future growth and development. Company create the effective communication in the Employees
and management with different disciplines.
Author argued that, implementing talent management can be an expensive process for the
organization in terms of time, cost and resources. Also, sometimes there is lack of support from
the line manager prevent the level of commitment from the employee side. However, it also
contributes in implement the conflict between Human resource management and
management of the company by due to lack of connection between the employee regards
agreement or consensus. The challenges and issues which are faced by company sometime
cannot be reached by the company management due to lack of knowledge in employees.
P4. Research Methodology.
Research Methodology is procedure or technique that is used by the researcher for
conducting the research more adequately and focused on the correct results in spite of modest
results. There are various qualitative and quantitative that can be selected by researcher for the
current research.
Research type: This research shows the collection, analysis and interpretation of the
relevant data that help to achieve the objective that are developed. There are two different
methods used I.e. qualitative and quantitative research. The quantitative research shows the
collection of data in a form numerical data or figures which are interpreted such data that are
being done through statistical techniques. Whereas, Qualitative research shows the theoretical
facts and general presumption that are related to topic. In this research we had taken both
qualitative and quantitative approaches where there will analysis the theoretical facts and figures
that are taken on a topic talent-management.
Research philosophy: The Researcher philosophy functions on the basis of entire
research planned and developed. The two methods are interpretivism and positivism. Qualitative
research is done through interpretivism where theoretical presumptions are made and positivism
are used in a quantitative numerical data to analysis and interpret. In this research interpretivism
philosophy is selected as to analysis the different theoretical consideration based on rolls Royce.

Data collection: The collection of data can be done through primary and secondary data.
The primary data is being collected for the first time and not been published before. This can be
done through questionnaire, survey methods and observation so that different facts can be gather
and assumptions can be made. Whereas, secondary data is a data which is already been published
and the related literature is being selected to analyse the data to get the meaningful results. This
data is collected through Journals, Books and case studies. In this research both primary and
secondary data are gather to analyse the useful results.
Sampling: The two methods which are probability sampling and non-probability
sampling. This research is conducted with non-purposive sampling and select 30 employees of
the Rolls Royce on radon basis.
Data analysis: Quantitative data is analysed through various tools like SPSS and excel
and qualitative data is analysed with thematic technique. In the current research Thematic
research is used.
Ethical consideration: the researcher ensure the complacence followed and ethical
consideration by signing the consent form and marking as they are not forced to answer. Hence,
researcher themselves attach the declaration form.
P5. Data Analysis.
Data analysis is the most critical portion where all the data that have been collected and
then interpret the collected data to get the meaningful conclusion and relevant findings. In the
present research create above, the data is being collected through questionnaire method was used
to collect the relevant and correct data and analysis through thematic data analysis technique in
the following manner:
Theme 1: Majority of employee are aware about the term Talent management.
Are you aware about the term talent management?
Yes 25
No 5
Total 30

Interpretation:
The above chart clearly shows that majority of employees are well aware about the term
talent management working for Rolls Royce. The chart shows that 25 people are well aware
about the talent management out of 30 employees, whereas only 5 people are not aware about the
term talent management in the work place. Rolls Royce needs to work little more to
acknowledge the term talent management in whole organization.
Theme 2: Maximum of employees know the process of talent management implemented in
their company.
Do you know how the process of talent management is implemented in your company?
Yes 26
No 4
Total 30

Interpretation:
The above chart shows that the employees of rolls Royce are aware enough about the
process that is being followed by the company to make the employee talented. There are 26
employees of Rolls Royce out of 30 which are acknowledged about the process of talent
management the company and only 4 employees are not known towards the process of talent
management follow by the company. This indicates that almost major of employee are updated
and know the management activities that are done by the management for their employees. This
shows that company had created the awareness about the practise conducted by the management.
Theme 3: Majorities of employee are considered towards on job training program.
What type of trainings are preferred most for skill and development of each employee ?
On job Training. 15
Off job Training. 10
Both On Job and Off Job Training. 5
Total 30

Interpretation:
The above graph shows that major of employees wants on job training to increase their
skill and development within the Rolls Royce and shows 15 employee interest in on job training
out of 30 employees. On the other hand, 10 employees are interested in off job training which
need to be help outside the work place of company. But 5 employees shows interested in both on
job and off job training which shows the effectiveness on their performance and increase their
skill and development. This shows that employees want more of session should be conducted
within the company that help to know the best and latest technology used by Rolls Royce for
their Cars.
Theme 4: major of the employee want Reward and recognition in the organization.
What kind of strategies that are implemented by Rolls Royce towards talent-management?
Rewards and recognition. 10
Career planning. 5
Continuous training development. 6
Growth in company. 9

Total 30
Interpretation:
The graph that is shown in the above diagram state that 10 employee are satisfied with
the rewards and recognition in the company in total of 30 employees. While 9 employees want to
see growth in the company for their future and 5 employees are looking for career planning in
Rolls Royce. Whereas, 6 employees are looking for their training and development in the
company. The strategy should be implemented accordingly for their employees satisfaction and
make them to stay for longer period in company.
Theme 5: Major of the employees are strongly satisfied towards talent management procedure
followed by Rolls Royce.
Are you satisfied with the talent management procedure that are followed by Rolls Royce?
Strongly satisfied 12
Satisfied 7
Neutral 5
Dissatisfied 4
Strongly Dissatisfied 2
I. Rewards and recognition.ii. Career planning.iii. Continuous training development.iv. Growth in company.
10
5
6
9
Column F