Business Project: Analyzing Talent Management at Sainsbury's - Report

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This report presents a comprehensive analysis of a business project centered on talent management within Sainsbury's, a major retail chain. The introduction outlines the importance of talent management and its impact on business objectives, followed by an exploration of project aims and objectives, focusing on identifying issues and formulating a talent management strategy. The report details the project management plan, including costs, scope, quality, and timeline, alongside a work breakdown structure and Gantt chart for effective project execution. It further delves into research methodologies, employing primary and secondary research methods to gather data. The report presents findings using appropriate tools and techniques, culminating in recommendations for improving talent management practices. Finally, it reflects on the project's value in meeting objectives and enhancing learning and performance.
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Managing a Successful
Business Project
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INTRODUCTION.....................................................................................................................................3
TASK 1......................................................................................................................................................3
P1 Project aims and objectives..................................................................................................................3
P2 Project Management Plan.................................................................................................................5
P3 Work breakdown structure and a Gantt Chart...................................................................................6
TASK 2......................................................................................................................................................8
P4 Small-scale research applying primary and secondary methods appropriate for meeting project
aims and objectives................................................................................................................................8
TASK 3.....................................................................................................................................................11
P5 Present findings and data using appropriate tools and techniques..................................................11
P6 Communicate Appropriate Recommendations as a result of findings and data analysis to draw
valid and meaningful conclusions........................................................................................................17
TASK 4....................................................................................................................................................18
P7 Reflect on the value of undertaking the project to meet stated objectives and own learning and
performance.........................................................................................................................................18
CONCLUSION........................................................................................................................................19
REFERENCES........................................................................................................................................20
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INTRODUCTION
A systematic evaluation is that aspect which is required in order to achieve the objectives of the
business. This evaluation is done by managing a successful business project. Project management is
referred to as the planning, monitoring and controlling the aspects of business so that objectives of the
project can be attained within the allotted time, cost, quality and performance. Talent management can
be referred to as the process which involves retaining the existing employees and attracting the
potential employees in the company (Bigorra Puente, 2017). It is done by focusing on their skills and
knowledge and continuously motivating them to improve their existing or already acquired skills and
knowledge so that they can enhance their productivity. The practice of talent management is done by
the human resource department so that it can create such workforce who an be motivated to stay in the
organization for the longer time. The organization chosen for this report is Sainsbury, a supermarket
chain dealing in retail industry. This report shall cover the aims and objectives of the talent
management research, project management plan and Gantt chart and work breakdown structure.
Further it will include the primary and secondary research, interpretation of primary source and
recommendations for further improvement. At last, a reflective report is also illustrated.
TASK 1
P1 Project aims and objectives
Talent management can be referred to as the process which involves retaining and attracting the
high quality employees so that they can efficiently contribute to organizational goals and objectives.
This is a constant process which involves development of skill and knowledge and continuously
encouraging and motivating the workforce so that they can make improvement in their performance
and the talent can be secured into the organization for the longer time period (Galli, 2018). The strategy
of talent management is a kind of plan which is undertaken by the organizations so that it can manage
its high quality and skilled staff for the success of the company. Every company which is small or big
requires this strategy in order to battle the competition by retaining and attracting the employees. As a
Junior HR consultant, a researcher is being hired in the company Sainsbury so that it can identify the
problems which is being faced by the company relating to talent management and the importance of
this practice can be identified (Van Rijn, 2016). The primary objective of this research is to identify the
issues which the organization is facing and bring a comprehensive plan which can solve this issue and
help company retain its skilled and high quality staff. Moreover, another intention behind this research
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is to examine the benefits and importance of talent management. For the execution of this research the
research aims and objectives is illustrated below-
Research Aim:
The main aim of this research is to examine the importance of talent management strategies
which can help in attracting and retaining the employees into the organization.
Research Objective:
To determine the importance of the talent management strategy into the company
Sainsbury.
To examine the benefit of the talent management within the company.
To determine the issues relating to talent management which is currently being faced by
Sainsbury.
Research Questions:
What is the importance of talent management strategy in the company Sainsbury ?
What are the benefits associated with the talent management within the organisation ?
What issues the company Sainsbury is currently facing in terms of talent management ?
P2 Project Management Plan
A project management plan is a formal document which clearly states how a project must be
carried on. It outlines the scope, goal, deliverable, timeline and budget of a project so that a clear rack
of the project can be kept (Li and Lu, 2017). The main aim of project management plan is to
communicate the details relating to the project and to describe the process with the help of which a
project must be undertaken. In context to this research, the components of the project management plan
is discussed below-
Cost- It is a general sum which shall be utilized for carrying on the project by the researcher.
This cost is fundamentally considered by the researcher (Abramova, Pires and Bernardino, 2016). This
cost shall work as the large budget for the researcher with the help of which the whole process of
research shall be carried out. For completing this research project, the researcher shall require the cost
of 2000 Pounds.
Particulars Amount (£)
Marketing 100
Promotional activity 300
Plant and machinery 1200
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Print media 400
Total 2000
Scope- In context to this research project, the scope of it is extensive as it will help the
organization in managing ts staff effectively and retain the talent into the organization. The
management of talent shall also help the company to bring out their efficiency so that positive outcome
can be delivered by their input. Moreover, this research will also help in identifying the key issues of
the talent management which is being faced by the company Sainsbury.
Quality- For the successfully completion of this research project, the researcher shall gather the
information and the data from the viable source and authentic one so that reliable information can be
gathered and the objective of the research can be achieved successfully. The researcher shall use the
questionnaire as primary tool of research and take use of books and journals as the secondary tool of
research. Another purpose of quality is to meet objectives of the research project on time which is fixed
for completing the project and also the research must be done as per the allotted budget. This shall
ensure that the research met the quality requirements.
Time- For completing this research project successfully, the researcher shall need the time 2.5
months beginning from 1st October, 2020 to 20th December 2020 within which it will gather the
information and after analyzing the said data and information, come up with the solutions for the
problem.
Communication- It is an important component which involves communicating the information,
opinion, experience and information from one person to another. Communication works to build a
coordination among the employees of the organization so that objectives of the research can be
achieved. The research shall make use of the emails, telephone, face to face conversation in order to
collect information so that real information can be gathered. The communication shall be done with the
employees of Sainsbury in order to find the issues faced by them and what is the importance of Talent
management in their organization and what according to them are the benefits which employees and the
company can get after implementing effective talent management strategy.
Resources- For the achievement of the research aims and objectives, the researcher shall be
required human resource, employees, assets and other resources. For completing the research project, it
is important that sufficient resources are available to the researcher.
Risk- A research involves many risk likewise the business involves (Dodds and Hess, 2020).
The researcher shall have the risk of securing the personal information of the respondents, research
must be completed within the time frame and many other. Another risk which involves in this research
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project is to complete the risk as per the allotted budget which is the most challenging one.
P3 Work breakdown structure and a Gantt Chart
Work breakdown structure
It is the decomposition of the work which is in the form of hierarchy. It is executed so tat the
objectives of the project can be achieved by the project team. It helps in planning, controlling,
monitoring and reporting the project. Under Work break down structure, the project is divided into
small components so that project aims can be achieved in a hierarchical manner and the project is
completed in an effective and efficient manner (Nam and et. al., 2016). The work is organized in such a
manner that it is made managerial. For the successful completion of this project, the researcher shall be
utilization of this structure so that its work can be made easy and research aims and issues are easily
identified. The work breakdown structure for this research project is given below-
Gantt chart
it is a useful tool which makes the graphical representation of the activities which is to be
performed against the time. This chart represents the project into a visual presentation where a task is
broken and then displayed against the time on a chart so that it can become easy for understanding and
then interpreting it. This tool shows the activities of the project against the time which is to be
completed within that time frame (Robles, 2018). The Gantt chart helps in scheduling and planning the
project so that project progress is updated and also in case additional resources are required, it can be
arranged easily. In context to this research project, the Gantt chart is given below-
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TASK 2
P4 Small-scale research applying primary and secondary methods appropriate for meeting project aims
and objectives
Research Methodology is considered as a method which help in research process and also refers
as a particular procedure or tools which basically used for the create , recognise, the process which
selected and analysed by the researcher. Through research methodology, researcher can easily analysis
and implement the validity and reliability of the data and also helpful on complete the research
objectives (Daniel, Kumar and Omar, 2018). For the analysis purpose, researcher mainly choose
qualitative and quantitative research through which researcher can easily analyse and implement the
research data. For a successful research data collection and sampling are playing an important role. The
description of qualitative and quantitative Research and data collection and sampling methods are
given below.
Qualitative Research - qualitative research analyses and collect through the observation and interview
method there is no involvement of numerical data .this research mainly collect through opinion
observation experience and interview. With the help of open ended questions and interview suggestions
this research can be done (Wiek and Lang, 2016).
Quantitative Research - In quantitative research the data collected in a numerical form. This research
analyses and implemented by the researcher and Researcher use some tools and techniques which
analyses data and implement in a proper manner (Phakiti and et. al., 2018).
Data Collection - For data collection methods data can be collected in both form primary data
collection and secondary data collection. In primary data collection data can be gathered through
questionnaire and survey and also personal interview. For secondary data collection, researcher can use
newspaper magazine journals articles and relevant websites (Kumar, 2018).
Primary Data Collection - It is consider as a first handed data that mainly gather by the researcher
through questionnaire, survey, online survey, interview, observations etc. This data mainly collected by
the researcher directly from the source. To carry out this research, primary data is considered.
Secondary Data Collection - In this data collection method, data can be collected from the secondary
sources that already available in the books, newspaper, magazines, internet , journals and articles etc.
To carry out this current research, secondary data also considered so that researcher can get more
clarity regarding this topic.
Sampling - It is a process in which researcher can select the population from the large group of
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population. There are many types of sampling methods which researcher can use to make your research
in a proper way most of the researcher use random sampling and systematic sampling and analyses the
data as per the researcher need. As per this report, the researcher has organized this research and
consider the sample size 20. Researcher collects the data from 20 employees of Sainsbury company and
also asked about their experiences and their point of view in context of talent management (Clark and
et. al., 2017).
Questionnaire
Name-
Age-
Gender-
1) According to you , what is the important benefit of talent management in context of
organization?
a) Retain Best Talent
b) Development of employees
c) Retain key talent
2) In which way, talent management and its strategies affect the company productivity ?
a) Positive
b) Negative
3) Are strategies of talent management useful in employees participation in company for long
time period?
a) Yes
b) No
4) What are the numerous applications of talent management which Sainsbury can use to
attract the high talented and potential employees?
a) Talent Recognition
b) Talent Development
c) Talent acquisition
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d) Talent Classification
5) What is the crucial role of Human Resource function in talent management ?
a) Hiring right candidate
b) Develop effective management policies
c) Design integrated systems
6) What is the different issue faced by Sainsbury related to talent management ?
a) Tightening talent market
b) Improved employee turnover
c) Lack of the leadership quality
7) What are different method through which Sainsbury can make do enhancement in strategies
of talent management ?
a) Consider career development opportunities
b) Prioritize outcomes
c) Identify aims
d) Create a healthy working atmosphere
8) Give recommendation to influence huge number of employees and get competitive
advantages.
TASK 3
P5 Present findings and data using appropriate tools and techniques.
1) According to you , what is the important
benefit of talent management in context of
organization?
Respondents
a) Retain Best Talent 5
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b) Development of employees 8
c) Retain key talent 7
5
8
7
Respondents
Interpretation - As per this analysis it can be said that development of employment is the most
important benefit for the organization. Most of the respondents agreed. Out of 20 respondents 8
responded that talent management lead the development of employees.
2) In which way, talent management and its
strategies affect the company productivity ?
Respondents
a) Positive 16
b) Negative 4
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16
4
Respondents
a) Positive b) Negative
Interpretation -According to this research it can be said that talent management and it's strategies
give positive impact on the company productivity. From 20 respondents over all 16 responded that with
the help of talent management strategies company can increase their productivity.
3)Are strategies of talent management useful in
employees participation in company for long
time period?
Respondents
a) Yes 14
b) No 6
14
6
Respondents
a) Yes b) No
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Interpretation -After this research it is analyses that 14 respondent's out of 20 responded that talent
management is really useful to retain employees for longer time period so that company can enhance
their market value through high skilled employees.
4) What are the different applications of talent
management which Sainsbury can use to
attract the high talented and potential
employees?
Respondents
a) Talent Recognition 10
b) Talent Development 5
c) Talent acquisition 3
d) Talent Classification 2
10
5
3 2
Respondents
a) Talent Recognition b) Talent Development
c) Talent acquisition d) Talent Classification
Interpretation - According to this analysis it can be considered that most of the respondents agreed
that talent recognition is the best method used by the company so that they can attract and influence the
talented and potential employees so that company prepare a productive team which help in
Development of organization.
5) What is the crucial role of Human Resource Respondents
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function in talent management ?
A) Hiring right candidate 9
B) Develop effective management policies 7
C) Design integrated systems 4
9
7
4
Respondents
A) Hiring right candidate B) Develop effective management policies
C) Design integrated systems
Interpretation - As per this research, it can be said that the crucial role which human resource
function is play that hiring right candidate. Most of the respondents responded that HR of the company
can hire right candidate for the specific job purpose helpful for the organizational development.
6) What is the different issue faced by
Sainsbury related to talent management ?
Respondents
a) Tightening talent market 11
b) Improved employee turnover 6
c) Lack of the leadership quality 4
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11
6
4
Respondents
a) Tightening talent market b) Improved employee turnover
c) Lack of the leadership quality
Interpretation - According to this report, it is considered that main issues that is faced by Sainsbury
company in context of talent management is tightening target market. 11 respondents agreed that
because Sainsbury is a big organization so company need to more focus on talent management
activities.
7) What are different method through which
Sainsbury can make do enhancement in
strategies of talent management ?
Respondents
a) Consider career development opportunities 7
b) Prioritize outcomes 5
c) Identify aims 6
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d) Create a healthy working atmosphere 2
7
5
6
2
Respondents
a) Consider career development opportunities
b) Prioritize outcomes
c) Identify aims
d) Create a healthy working atmosphere
Interpretation - This research identified that company need to consider the career development
opportunities which helpful in improvement in the strategy of talent management. 7 respondents in
favor of this method so that company need to consider this method which help in enhancement in talent
management and it's strategies.
Secondary research
This research is undertaken through literature review from the books and journals.
According to staff Writer (2019), Talent management is referred to as methodically organized, a
strategic process which involves getting right person on board and simultaneously helping in their
growth and development, keeping in mind the goals of the company. This process includes
identification of talent gaps and the vacant positions in order to place the right candidate at right place
for the right job.
To carry out present study, secondary data also take huge place so that researcher can maintain
all the practical and information that going on internet and books. In this research the researcher have
identified the talent management strategies which are used by the Google which makes which it easier
for the company to manage its employees.
Google mainly follows few talent management strategies such as sourcing strategies, acquisition
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strategies and talent retention strategies etc. The description of these strategies which are adopted by
the Google are given below-
According to John Suvllivan (2017), Sourcing Strategies - This talent management includes
all those activities which main primary purpose is to discovery talent and recognition. This strategy
contains different innovation that evolve new innovations so that company can take more competitive
advantages. Internet and social media platforms are the main source of this strategy which can be
helpful to recruit the right talent from the various fields and locations.
According to Mark Miller (2019), Talent Retention Strategies - This strategy help to recruit
right talent insider the organization, increase the managers ability to handle, provide constant feedback
to the employees, empower the talented employees to maintain their career by own, constantly
measuring and develop retention strategies. This strategy is very useful and mainly used by the Google.
Secondary Research analysis
It is evaluated by under going the secondary research that Google used some talent management
strategies like sourcing strategies and talent retention strategy. Both strategies are helpful to manage the
talent management in Sainsbury organization and these talent management strategies also considered
in this research. It is evaluated that the Google follows sourcing and talent retention strategy to manage
the workforce in the company. The talent retention is important for the organization which can be done
by regular recognition, appreciation and feedback. These strategies will help Sainsbury in managing its
employees.
P6 Communicate Appropriate Recommendations as a result of findings and data analysis to draw valid
and meaningful conclusions
According to the evaluation of this report, it can be said that talent management and it's
strategies are given the position impact on the efficiency and effectiveness of company. It is analyzed
from the data collection that most of the employee of company are in favor of talent management and
they know the importance of talent management. It is analyzed and evaluated from this research that
company need to adopt few talent management strategies which become helpful retained high talented
employees for a long time in the organization which is beneficial for the organization . After the
analysis and implementation of data of this research, there is some recommendations for Sainsbury
company are given below-
Company must focus on effective and specific policies so that high talented employees can
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retain so that company should give them reward so that it encourages the employ and give
them recognition.
company should provide appropriate training session to their staff members so that employees
can improve their performance and evolve new skills.
Company should need to pay more focus to create the strong communication channel which
help in employees engagement and employees feel valuable so that they can easily share their
suggestions and even discuss about their issues.
Organization should adopt the reward and recognition strategy and besides this company need
to focus on talent management strategies and individual - organization fit process which useful
in manage the efficient employees.
From the Googles talent management strategies, it is recommended that Talent Retention
Strategy is more beneficial for the Sainsbury because it will help to appoint the right talent and
manager of the organization can easily maintain the their ability to handle the employees, this
strategy is also useful because it can give continuous feedback and review to the employees so
that they can retain in organization for long time period with constant self growth.
TASK 4
P7 Reflect on the value of undertaking the project to meet stated objectives and own learning and
performance
In this report, I successfully completed my research task and I feel greatfulgrateful because I got
a good opportunity to research and analysis the advantage and issues in context of talent management.
From my academic experiences and knowledge ,knowledge, iI got a chance to understand the
significance of talent management. For this research report, I considered qualitative and quantitative
research methods which is really helpful to make my data more valid and reliable. This helps in to
accomplish my research aim very efficiently. For primary data collection ,collection, I prepared a
questionnaire and conduct survey and for secondary data collection I mainly preferred books ,
journals .journals. This is also helpful in meeting needs where I use my personal leering experience to
boot my performance. Moreover, I also enhance communication and critical problems solving skills. I
also learn time management skills this will help me career and I also use these skills to prove my
capabilities to take any challenge and give my best. I also noticed my strengths and weakness that
helped me to reduce my threats so that I can take any future opportunities very effectively. Thus ,Thus,
this project has provided me a chance to work on new skills and knowledge and give me strength to
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overcome any issues. There are number of the advantages and disadvantages of the project
management. The major advantages of this is that it helps in meeting business objectives and
performing the research in effective way. The major disadvantage of this is related to changing business
objectives and performing business function.
CONCLUSION
It is concluded from the above report that project management plan is an important aspect
which helps in managing and executing the project. It contains various components which is to be
undertaken so that so project can be done successfully. For successful achieving the aims and
objectives of this research project, the a work break down structure and ganttGantt chart is made so that
project can be successfully accomplished. Further, qualitative and quantitative research is used to
collect the primary and secondary source data. In primary source, questionnaire is being used and for
secondary research, books and journals are referred by the researcher. The aim of this research project
is to understand and identify the importance of the talent management in the company
sainsburySainsbury.
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REFERENCES
Books and Journals
Abramova, V., Pires, F. and Bernardino, J., 2016. Open source vs proprietary project management
tools. In New Advances in Information Systems and Technologies (pp. 331-340). Springer,
Cham.
Bigorra Puente, D., 2017. Project management plan of the creation of a travellers-oriented mobile
application (Master's thesis, Universitat Politècnica de Catalunya).
Clark and et. al., 2017. Transformation in interdisciplinary research methodology: the importance of
shared experiences in landscapes of practice. International Journal of Research & Method in
Education. 40(3). pp.243-256.
Daniel, B., Kumar, V. and Omar, N., 2018. Postgraduate conception of research methodology:
implications for learning and teaching. International Journal of Research & Method in
Education. 41(2). pp.220-236.
Dodds, S. and Hess, A.C., 2020. Adapting research methodology during COVID-19: lessons for
transformative service research. Journal of Service Management.
Galli, B.J., 2018. Can project management help improve lean six sigma?. IEEE Engineering
Management Review. 46(2). pp.55-64.
Kumar, R., 2018. Research methodology: A step-by-step guide for beginners. Sage.
Li, D. and Lu, M., 2017. Automated generation of work breakdown structure and project network
model for earthworks project planning: a flow network-based optimization approach. Journal of
construction engineering and management. 143(1). p.04016086.
Nam and et. al., 2016. Environmental impact assessment of composite small craft manufacturing using
the generic work breakdown structure. International Journal of Precision Engineering and
Manufacturing-Green Technology. 3(3). pp.261-272.
Phakiti and et. al., 2018. The Palgrave handbook of applied linguistics research methodology. London:
Palgrave Macmillan.
Robles, V.D., 2018. Visualizing Certainty: What the Cultural History of the Gantt Chart Teaches
Technical and Professional Communicators about Management. Technical Communication
Quarterly. 27(4). pp.300-321.
Van Rijn, J., 2016. Part 4: risk management plan: project management. IMIESA. 41(8). pp.74-76.
Wiek, A. and Lang, D.J., 2016. Transformational sustainability research methodology. In Sustainability
science (pp. 31-41). Springer, Dordrecht.
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Project Logbook for the chosen organisation:
Name of the learner: Name of the Supervisor:
Project Title:“To identify the significance of
talent management strategies so that company
can attract and retain employees” A study on
Sainsbury.
Date:
Update of weekly research/ tasks achieved
(Account for a minimum of six weeks with
dates)
What have you completed?
Did you fulfil Task requirements?
Are you on track and within deadlines
set?
Did you need to make any changes to
your project management plan?
I completed project on topic “To identify the
significance of talent management strategies so
that company can attract and retain employees” A
study on Sainsbury.
Yes, i completed work requirements.
Yes
No
Any risks and / or issues identified?
Did you identify risks/issues with a lack
of skills required for undertaking
research tasks?
Did you identify any additional
risks/issues that have an impact on the
project management plan?
Yes
Yes, I faced problem of time management.
Problems encountered
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What barriers did you face?
How did you overcome them?
Gather data from employees.
For control this problem I managed behaviour of
respondent's
New Ideas and change of project direction
What Have I learnt about myself this week?
How did I feel when I had to deal with
tasks/problems?
How well have I performed? What did I
contribute?
What can I improve on next week?
How might this learning apply in the
future?
Some of the tine I stressed and also confused
when I progress the project.
I gave my best for effective outcomes during the
work.
For improvement , I can use few books and take
various session.
In future purpose whenever I had to undertake
research on this topics the understanding that I
evolved that will help me.
Tasks planned for next week
Which tasks are priority?
Have you set aside sufficient time for
completion?
Data collection and its interpretation in systematic
way is the superior work priority.
Yes, with the help of Gantt chart I allocated time
among different activities.
Project plan status to date (on, ahead, behind)
Supervisor comments to address
Signature of the Supervisor and date:
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What was the Project supposed to accomplish?
This project is related with the aim “The main aim of this research is to examine the importance of talent
management strategies which can help in attracting and retaining the employees into the
organisation”.
Did the project succeed in its aims/ how do you know? Specifically, please outline any evaluation and
assessment undertaken?
Yes, effective results were obtained by use of various methods like questionnaire and sampling.
What things do you think worked well and why? Evaluate all aspects of the project?
My research , communication and interpretation helped me in organising the research.
What problems emerged during the project and how were they tackled? Was there timely identification
of issues and resolution during the project process?
Various problems that experienced are related to behaviour of employees. For overcome with these problems
ethical aspects were the prime concern.
What did you learn from undertaking the project?
From undertaking this report, I understood that employees are essential for organisation and all employees
must include in decision making.
How would you rate your performance as a management consultant leading the project?
According to my performance , I rate myself 8/10.
What strengths and weakness of your performance did you identify?
Strengths: communication and interpretation skills.
Weaknesses - Time management
How will this inform and support your continuous professional development?
This can help in my professional growth so that i can get more report so that i can evolve myself as a
researcher.
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