Research Project: Effective Talent Management Strategies for Success

This research project investigates effective talent management strategies for organizational success, using Tesco as a case study. The report begins with an executive summary and table of contents, followed by an introduction outlining the importance of talent management in attracting, developing, and retaining employees. A comprehensive literature review explores the concept of talent management, models, and processes. The research methodology section details the research onion framework, including the philosophical approach, research approach, and data collection methods. The data analysis and interpretation section presents findings from secondary sources and a questionnaire. The report concludes with research outcomes, recommendations, and reflections on alternative research methodologies. Appendices include the questionnaire, interview details, and research outcomes. This report aims to understand the impact of talent management strategies on organizational productivity, evaluate challenges, and provide insights for successful talent management practices.

Research Project
(Effective Talent Management Strategies for
Successful Organisations)

EXECUTIVE SUMMARY
The major objective of this research is to develop understanding in related to talent-
management so that to develop such edge in relation to managing the same within an
organisation. On the other hand this research will enable in meeting personal and professional
goals of researcher. Besides this with the help of this research overall benefits can be enjoyed by
researcher as in terms of managing various dimensions in a business related to talent-
management.

Table of Contents
EXECUTIVE SUMMARY.............................................................................................................2
INTRODUCTION...........................................................................................................................4
LITERATURE REVIEW................................................................................................................6
RESEARCH METHODOLOGY...................................................................................................10
DATA ANALYSIS AND INTERPRETATION...........................................................................14
RESEARCH OUTCOMES............................................................................................................34
Covered in PPT.....................................................................................................................34
CONCLUSION AND RECOMMENDATION.............................................................................35
REFLECTION AND ALTERNATIVE RESEARCH METHODOLOGY...................................36
REFERENCES..............................................................................................................................37
APPENDIX 1.................................................................................................................................39
Questionnaire........................................................................................................................39
APPENDIX 2:................................................................................................................................42
Interview...............................................................................................................................42
APPENDIX 3:................................................................................................................................43
Research outcome.................................................................................................................43

INTRODUCTION
Talent-management is one of the significant measures that can be used within an
organisation in order to develop such edge within business by which their employees may remain
happy and encouraged so that various working can be performed by them with utmost efficiency.
The term talent management refers to a concept of attracting, developing, motivating or retaining
highly competent employees within an organisation. The main aim of managing talent within an
organisation is to enhance the performance of business by its various practices which allow firms
employees in having high productivity work and greater outcomes. There are several models of
talent management through which an organisation can have highest level of talent in their
operations such as acquisition of talent, development and learning, vision or values of an
organisation, succession planning or paths to successful career (Ryder and et. Al, 2020). The
present research discusses the concept of talent management of TESCOP company which is a
multinational private organisation offering retain services to clients worldwide with thousands of
employees working for them. The research includes determination of various talent management
strategies along with identification of challenges which can be faced by TESCO due to lack of
talent management strategies. Data has been collected from secondary source as well as through
formulation of a questionnaire that is being analysed in order to have deeper understanding about
the concept. The secondary source being considered for the present research is from various
literature reviews.
Research rational
The major objective of executing this research is associated with analysing such ways in
which talent-management strategies can be used within business so that appropriate undertaking
can be developed by business as in meeting overall goals and objectives. Besides this researcher
is gaining dual aspect which are related with personal and professional dimensions. In the terms
of personal aspect this research will enable the researcher to develop understanding related to
talent-management and using of different methodologies. Besides this in terms of professional
aspect this research will enable the researcher to develop various skills which could be helpful
for them in inhaling success in prominent manner. So this can be said that this research is
providing differential aspects as in relation to develop personal and professional career goals of
researcher.
Aims and objectives

Research aim
To Study the Impact of Talent Management Strategies on the Productivity of the
organisation. Case Study of Tesco (Glasgow, UK).
Research Objectives
 To understand the concept of talent management within the organisation.
 To determine the various talent management strategies which are helpful for the
development and success of the Tesco organisation.
 To evaluate the challenges which organization can face due to lack of talent management
strategies.
Research questions
 What is the concept of talent management within the organisation?
 How to determine the various talent management strategies which are helpful for the
development and success of the Tesco organisation?
 How to evaluate the challenges which organisation can face due to lack of talent
management strategies?

LITERATURE REVIEW
What is the concept of talent management within the organisation?
Accoridng to Aina and Atan (2020) A business firm always operates within a dynamic
market condition which is always backed by new difficulties that are hard to predict prior to its
happening and creates their negative impact towards successful accomplishment of
organisational goals. They quoted that application of certain practices related to the concept of
talent management in attainment of organisational performance or objective is a matter of
concern for businesses. From the study the researchers has analysed that the two concepts that
are talent attraction as well as retention does not possess any impact on organisation, whereas on
the other hand the elements of training and development, learning or management of career
carries a great impact on such organisations. They mentioned that proper learning along with
effective training and development, adequate management of career should be imparted by
company's management team in order to have sustainable or effective organisational
performance. This can be done by focusing upon effective and regular training as well as
coaching programs with a combination of rotation in their jobs which allows organisations to
have successful achievement of their objectives or goals. According to them, there are some
organisations which recognising the significance of applying the strategies of talent management
along with its practices so to enhance the performance level along with gaining sustainable form
of competitive advantage within market. The concept of talent management becomes successful
when combined with retention of talent, attraction, management of career, development as well
as learning.
In relation to TESCO, a company successfully achieves its objectives with a contribution
of their talent employees who are highly skilled. The company maintains this through regular
and effective training or development sessions being conducted for the enhancement of
employee’s talent within an organisation.
Model of talent management
Model of talent management can be used by businesses in order to get assistance in their
hiring process and to estimate appraisal in productivity of the overall organisation. This model is
elaborated as under:

Planning: Under this stage planning is executed by the management so that efforts can be
exerted in accordance with attaining overall goals of the organisation. For example planning to
retain skilled employees should be made so that long term growth opportunities can be obtained.
Attracting: The next step is to attract employees by giving them a solid reason not to leave the
organisation. Attracting is all about enhancing branding business could be more approachable by
employees and process of talent management can be executed in effective manner.
Developing: Developing is defined as such strategies by which growth can be given to
employees and their talent as well. Motivation and providing employees appropriate
opportunities to grow are the major developing strategies.
Retaining: Under this stage such strategies are used by the company in which long term plans
can be made by their employees to stay there only. Giving appropriate rewards and managing
organisational culture are the major practices can be used to retain employees.
Transitioning: This stage is associated with promoting employees to some other higher role and
designation on time to time manner depending on their performance so that to make employee
happy and satisfied.
Process of talent management
Talent management is one of the essential practices used within an organisation in which
overall development can be rendered to the business and its working employees. Process of
talent management is comprised of seven steps such as:
Step 1: Specify What Skills You Need: This is the first step within talent management in which
need and requirement of business are understood.
Step 2: Attract the Right People: The second step is associated with attracting right people so
that by advertising in appropriate manner.
Step 3: On-board and Organize Work: This step is related with providing such atmosphere to
new coming employees so that they can be familiar with organisation working in early manner.
Step 4: Organize Learning and Development: Under this step learning and development
opportunities are provided to employees so that they can grow and provide their fuller
contribution to the organisation.
Step 5: Hold Performance Appraisals: This method is used in order to retain employees so by
providing them ample support by rendering rewards employees can be retained for longer
duration of time.

Step 6: Strategize to Retain Your Best Talent: In order to keep employee happy and providing
appropriate level of talent management motivational tactics are playing significant role.
Step 7: Plan for Successions: Under this step employees are required to be nurtured by giving
positions of seniors when they get retired.
How to determine the various talent management strategies which are helpful for the
development and success of the TESCO organisation?
According to Anwar and et. al., (2014) the concept of talent management acts as a major
aspect in the role of managing human resource through its various features by enhancing
expertise and skills of organisation's employees by adopting several methods. Their study
focuses on identification of different strategies that plays significant role in talent management
along with a creation of link among performance of organisation and talent management. They
analysed the role in terms of effectiveness within an organisation in respect to talent
management. They founded that the various strategies which are associated with talent
management plays very significant role in developing positive relationships with the effective
performances of organisation, the concept of talent management caries a strong and positive
relation with competitive advantage and talent positioning within organisation. The various talent
management strategies comprises of attraction, employee retention as well as employee
engagement.
In relation to TESCO, the company can have development and success through gaining
competitive advantage along with enhancement of organisational performance through
implication of various strategies that proves helpful within the organisation.
How to evaluate the challenges which organisation can face due to lack of talent management
strategies?
According to Hejase and et. al., (2016) finding and retaining to the highly talented
employees is a competitive task due to lack of talented candidates is treated as a priority of
organisations. In today's market which is highly demanding as well as competitive, the
department of human resource are moving towards high strategic position from just hiring and
developing candidates. The reason behind this to have unity within organisational goal and
human resource management. Leaders are now facing problem of retaining talent within
organisation which in turn is bringing ineffectiveness in organisational performance. The main

reason of having challenges is that organisations often operates with their traditional form of
making decisions which does not helps in meeting current challenges or market.
In relation to TESCO,the leaders of company always scans market and analysis future
challenges so to train and develop skills of their employees on the basis of it. TESCO when not
evaluating the challenges due to lack of talent management can have high turnover of employees,
ineffectiveness in work along with huge wastage of organisational resources.

RESEARCH METHODOLOGY
Research Onion
Research methodology is categorised as such process which is used by researcher in
order to develop a path in which aims and objectives of research can be attained. These are
known as the most impactful part of whole the research in which appropriate conclusion can be
drawn and data can be collected in regard-full manner. In this research, research onion
framework is used and the same is elaborated as under:
 Research Philosophy: This is defined as such set of principles which is helpful for
researcher in order to develop better understanding as in relation to gaining research
outcomes. In the context of research there are two types of research philosophies such as
pragmatism and Interprivistism (Claus., 2019) . Both of these philosophies are helpful in
analysing the results in significant manner so that to gain differential insight in
appropriate manner. In the aspect of current research Interprivistism and pragmatism both
philosophies are used as these are providing high level of reliability and relevance.
 Research Approach: This is regarded as the method which is used within research in
order to execute overall research in appropriate manner. Research approach is providing
detailed information as in context of taking out prominent outcomes out of research. This
is the major process which is followed by researcher in order to analyse detailed
information in appropriate manner. There are two types of research approaches such as
inductive and deductive, these are selected as accordance with need and demand. In the
context of above research deductive and inductive approach are used so that to carry out
research outcomes in significant manner. In this research data is being collected using
such edges in which appropriate outcomes can be examined. With the help of both of
these approaches this will be easier to analyse research outcomes in appropriate manner
along with gaining research results as well.
 Research strategy: Research strategy is defined as those methods which are used by
researcher in order to develop basis process of research and to analyse research aims in
significant manner. This is the method in which data will be gathered by researcher so
that research objectives can be attained (Collings, Scullion and Caligiuri Eds., 2018).
There are various research strategies which can be used by researcher so that to gain
differential insight within research. Under this research survey method is used so that to

manage research outcomes and to gain differential insight in the research. This is
allowing researcher to gain such results within research and in this manner overall
research outcomes can be attained. Using online sites in order to gain information could
be helpful for researcher to analyse research topic in appropriate manner.
 Research Choice: This is defined as those aspects which are used by researcher in order
to collect information in significant manner. This is the method in which information can
be collected by researcher through gaining such knowledge and manner (Dodds and
Hess, 2020). There are two types of research choice such as qualitative and quantitative
which is associated with research and gaining research output as well. Under this research
both qualitative and quantitative research choice will be used so in which overall research
objectives can be attained in appropriate manner. Under this research, quantitative and
qualitative both research choices are used as by these data can be gathered in statistical
and in depth manner in order to frame research outcomes.
 Research Instruments: These are the methods in which using specific areas information
can be gathered using appropriate research instrument. There are various instrument
which can be used by researcher such as questionnaire, observation and many more. All
these instruments are playing significant role in collecting data in appropriate manner
along with analysing information collected within this research on the topic of talent-
management. Under this research questionnaire and interview both these methods will be
used in which reliable data can be collected in appropriate manner.
 Time Horizon: Time-horizon is defined as the frame of time which is required by
researcher in order to finish up the research in appropriate time and effectiveness. There
are two types of time-horizon such as longitudinal and cross-sectional which can be used
by researcher so that to avoid any delays and removing major barriers out of research
Fidahic and et. al, 2020). Under this research cross-sectional time-horizon is followed as
this enable the researcher to manage various dimensions at once.

 Data Collection: Under this dimension of research onion data can be gathered using
various methods so that to attain research objectives in appropriate manner. There are two
types of data collection methods such as primary and secondary which can be used by
researcher in order to attain research objectives in appropriable manner. In this research
both these methods are used such as primary and secondary (Gastaldo, Rivas-Quarneti
and Magalhães, 2018) ). In primary method questionnaire and interviews are used, on the
other hand for secondary method books and journals are used.