Unit 11 Research Project: Talent Management Strategies at ASDA

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This report is a research project examining effective talent management strategies for business success, with a focus on ASDA. The report includes an introduction defining talent management and its importance, followed by a literature review exploring the concept of talent management, challenges faced by ASDA, and potential strategies. The research methodology section outlines the quantitative approach and deductive reasoning employed. The main body presents research aims, objectives, rationale, and research questions. The report then delves into research outcomes, interpretation, conclusions, and recommendations. Alternative research methodologies are also considered. The project aims to determine the effectiveness of talent management strategies, offering insights into how ASDA can improve its talent management practices for enhanced business success.
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Unit 11-Research project
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Table of Contents
Topic:...............................................................................................................................................1
INTRODUCTION...........................................................................................................................1
MAIN BODY...................................................................................................................................1
Literature review..............................................................................................................................2
Research methodology and data collection......................................................................................5
RSEARCH OUTCOMES................................................................................................................8
INTERPRETATION.................................................................................................................10
Conclusion and recommendation...................................................................................................18
Reflection on alternative research methodology............................................................................19
Alternative research methodologies for lesson.........................................................................19
CONCLUSION..............................................................................................................................20
REFERENCES..............................................................................................................................21
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Topic:
“To examine the effective talent management strategies for the success of business enterprise.”
INTRODUCTION
Talent management is an essential and vital aspect of the business and with this
possibility to control and manage working standards along with attractiveness of workers is
attained with perfection. It also promotes and advance future credibility’s of business as with this
adequate strategy are designed in balanced mode through which working performance of all
individual is controlled with adequateness. It comprises of various components such as strategic
planning of workers, learning and motivation, acquisition and retention of talented workforce,
performance management, succession planning, compensation along with career development.
Organisation attain higher success and development under which need to hire, develop, aware
and retain skilled workforce is accomplished with better possibility (Taylor, 2018). It induces
rapid growth over value creation that more often advance effectiveness and human capital with
better manner. Effective management leads towards suitable drive towards quality and equality
management in this sustained outcome is perceived within timely constrained.
The research below is based on ASDA that is a British supermarket chain with having
headquartered in Leeds, England. It was founded in 1949 as when Asquith family get merged
with retail business that is associated with Diaries businesses in Yorkshire. It is the second
largest chain of supermarket and have dealt with various products such as grocery, financial
services and general merchandise. The research comprises of literature review, methodology and
data collection from the standpoint of cost, access, timeline and ethics. Furthermore, consist of
data analysis and interpretation, research outcome, reflection along with alterative research
methodology. In order to process this research deductive approach is used that assist to attain
better outcome as by interpreting the concepts and knowledge of respondents.
MAIN BODY
Research aims and objectives:
Aim: The key aim behind organising this research project is, “To determine the
effectiveness strategies of talent management for the business success. A case study on ASDA.”
Objectives-
To study the concept of effective talent management strategies.
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To examine the challenges that face by ASDA in absence of talent management
strategies.
To determine the possible talent management strategies that opts by the management of
ASDA in order to deal with challenges.
To evaluate the effectiveness of talent management strategies for the success of
organisation.
Rationale
The reason behind the conduction of this research is to analyse the effective strategies
that is implemented to attain higher success. These strategies get induced as by making
appropriate changes and modification within working credibility and with this higher
attentiveness and more profit is achieved over a regular period of time. It assists the researcher
to gain and advance adequate skills and knowledge about selection of strategies through which
talent get management(Pandita, and Ray, 2018). It is also being required for company as with
this ability to retain and attract potential employees is enhanced in productive manner.
Research questions
What do you study the concept of talent management?
What are the challenges that face by ASDA in context of talent management?
What are the possible the strategies that opts by the management of ASDA in order to
deal with challenges?
What is the effectiveness of talent management strategies for the success of organisation?
Literature review
It is a survey that is comprised with scholarly sources as like books, article, journals, theses etc.
and that is also be related to adequate research topic and questions. It is involved with the
overview of suitable knowledge and skills through which working and learning gaps get reduced
as of about processed research. It is synthesis with relevant form of literature in which possible
information is collected and formulate in organised manner(Anlesinya, and Amponsah-Tawiah,
2020). It offers in-depth knowledge and with support of this researcher collected sufficient
information related to talent management, its related challenges and strategies under which
preferable information is analysed and implement within organisation as per necessity.
What do you study the concept of talent management?
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As per according to the viewpoint of Prarthana Ghosh, 2021, talent management is a
practice that is usually evolved with the approach of people-centred under which working capital
and its sufficiency get controlled that collectively led towards renaissance of workplace equation.
It defines towards implication of strategic process as in support of accurate on-boarding and
optimised utilisation of resources. It also gets involved with retaining and motivation of
employees as with this long term goals and target is achieved with adequateness. It also
maintains lead towards linear progression that is processed with support of planning, attraction,
selection, developing, retaining and transitioning (MuratbekovaTouron, Kabalina, and Festing,
2018). It assists higher level of performance and productivity as per integration of collective
efforts and capability of workers. In this higher level of performance is attained under which
significant level of changes is attained that build higher sustainability with this retention and
attraction of potential workforce is processed in timely constrained. For this, possibility to attain
higher attractiveness of worker is processed by attaining sustained focus towards with this
required training and development is offered to workers. In this employee branding, reputation,
selection, referral, on-boarding, in-boarding, retention and engagement is developed with higher
attractiveness under which possibility to attain long term success and development is attained in
timely manner.
What are the challenges that face by ASDA in context of talent management?
According to viewpoint of Lucy Handley, 2021, ASDA is the second largest supermarket
and worked on as by maintaining clear focus towards functional roles that aid to gain higher
attractiveness in all the differ possible manner. In this management get lived with embodiment of
brand as in this company also announced to review its strategy that is as in relation with
advertising and attaining market communication. ASDA has staunchly and with this offered
various products and services within marketplace as per lower price rate. It is a traditional
framework and structure that drives towards long term profit generation and productiveness in
better manner. In this its competitor also implements various strategies such as Waitrose, Tesco
and Sainsbury and sold their products and services with their own label. In order to get overcome
from these challenges ASDA works on to advance its market positioning that is interlinked with
talent management. Company believes to make positive shift within flexible decision making
and with this working dynamic and its possibility both get developed with better suitability
(Crane, and Hartwell, 2019). Moreover, front office also gets worked on to align all the
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marketing prospect with this human behaviour and its working tendency both get developed with
better sufficiency.
What are the possible the strategies that opts by the management of ASDA in order to deal with
challenges?
As according to the viewpoint of Karim Ansari, 2021, talent management is processed
within an organisation as by reflecting dedication towards retain, attract and develop working
place and best employee within the competitive marketplace. In this management get worked on
to acknowledge and understand the power of job description within duties, responsibility,
requirement of needed skills and knowledge, working relationship, salary and other benefits
along with controlling of various required tools and equipments is required in better manner. To
assess skilled candidate for the vacant position within this possibility to attain higher competitive
advancement is attained over a regular period of instance. The higher authority get act as a leader
and couch that drive adequate trust and a healthy relationship in between employees and induce
continuous level of improvement that reflect positive impact over task accomplishment and
working performance (Narayanan, Rajithakumar, and Menon, 2019). In addition, management
also provide continuous based training and development opportunities through which working
potential and its capability both get enhanced through which strength of workers get strengthen
and weaken areas get even stronger. The employee get better rewards and benefits that is
completely depends on the performance and productivity that employee reflects toward its
working standards. It transforms a feeling of appreciated, recognised so that employee get retain
and kept attracted for longer period of instance.
What is the effectiveness of talent management strategies for the success of organisation?
As per according to the viewpoint of Jay Tankersley, 2018, to get management talented
and skilled workforce it is essential that organisation induce various type of strategies for regular
period. It seeks to induce active participation of each and every individual through which
suitable level of contribution is processed that turns into effectual level of growth and
development. It allow the management to get hire, fire and retain employees those induce higher
and positive emphasis towards attainment of goals. In this clear and direct focus is maintained
with this optimised and effectual performance is transferred in positive manner. In this
management ensure to take consistent review of employee as with this fair treatment is offered
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towards with expectation and standards of workers get accepted in better mode. It induces
constructivism engagement that encourage employee to produce quality of work with better
quantity(Gupta, 2019). The employee and its work get recognise and through this social
connection and its expectation get attained with revitalize the working place and its culture in
flexible manner. It foster accurate success and in this effectual contribution is pertained in
recognised way under which performance credibility and its productiveness get sustained in
timely constrained.
Research methodology and data collection
Research methodology is define as the systematic procedure and technique which has
been utilised to identifying, process and analyse the information about the particular topic. This
has been play the vital role in conducting the research as this offers appropriate framework
through researcher acquires and analyse the information and data based on the particular topic or
objectives. Along with this, it has been associated with the several methods and techniques
which are applied by the investigator with motive of collecting appropriate data and information
for the accomplishment of authentic results in proper manner (Zina, 2021). This is main driving
force due to which they have focusing on selecting appropriate method for carrying out the
investigation and which can be beneficial in increasing possibilities of obtaining desirable
results which make the overall research effective and valid in nature. For the collection of
valuable and meaningful information there are several methods that can be understood by
following points:
Research method: there are several method that can be choose for acquiring data and
information towards the particular topic. Therefore, it is important for the researcher to select
appropriate so that adequate outcomes can be gained. This is generally derided on the basis of
two methods that are qualitative and quantitative research. Both are considered as the effective
method in conducting the research as both provides support in to gain valuable information but
as per this current research, quantitative method has been selected as this help in to collect
information which is measurable in nature. Quantitative method deals with the data which is
numerical or which can convert into number for the reliable results.
Research approach: This is defined as the plants and the procedure which has been
undertaken by the investigator towards the research on particular topic. This is the systematic
steps from the broad assumptions in which there is a detail of methods of data collection analysis
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and its interpretation. This is classified into 2 approaches inductive and deductive, in which
deductive approach provide support in understanding research information that has been induce
logical procedure and is adequate for the valid results. Moreover, inductive approach has been
delivers factual information for investigator with support of evidence of information and data
formation . In context to this research deductive approach is used as it would represent the data
analysis in current information and support in highlighting the logical conclusion.
Research philosophy: this factor of research philosophy is consist of necessary part as
constructive which is defined as the assumptions in the people behavior that has been developed
through the personal experience criteria positivism drives from the real knowledge and data
analysis which has been includes map and believing factor (Polonsky, and Waller, 2018). Along
with this interpret is consist of human related study where it has been evaluate the feature of
qualitative data. In this particular research positivism research philosophy is going to be used at
this provide effective and systematic testing with analysis of the information in quantitative
research.
Data collection: this is refers to the process of collecting or gathering, measuring and
analysing accurate information towards the particular topic by using standard validate
techniques. Investigator can analyse their hypothesis on the basis of the collected data
information. this has been associated with the two types of Data collection that are primary and
secondary in which primary data is first hand information which is operated and developed by
the expertise with their own efforts from the source of interview, survey, group discussion,
feedback etc. Whereas secondary data tips the data from the existing one such as articles internet
books journals etc. As per this research both the methods are utilized for primary questionnaire
has made and for secondary source literature review is done. It is done as it consists of minimum
cost through which management attain better outcome at minimum investment of time and cost.
In addition it is also easy to access better range of services as with this possibility to achieve
sustained information in timely frame is processed in favorable manner. In this researcher also
ensure to make adequate usage of ethical prospect and with this assure that emotions and feeling
of respondents doesn’t get hurt and adequate outcome is achieved in timely constrained.
Research sampling: This is defined as the process which has been undertaken for
statistical analysis in which pre determines number of observations taken from the large number
of population. In this methodology used for sample from large population is based on the nature
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of analysis which is performed by investigator. For this research sample size which has been
taken to obtain the desirable and valid result is 30. It is processed as by taking adequate support
of random sampling method.
Ethical consideration: This is defined as the research information and data related to the
particular topic for research is collected in ethical procedure along with this ensuring that
research objective of research is not influencing any form of negative impact(Roberts-Holmes,
2018). It is necessary for investigator to take the procedure in the ethical way to that output can
be attained in a systematic and a proper way without any hurdle. Addition to this, it is also
important that respondent minions and related data information which is collected as not to be
disclosed as it will only collected for the research purpose in order to meet optimum conclusion.
Cost: This is define as the amount which is essential for conducting research in effective
manner so that outcomes can be obtain in systematic and accurate manner. This cost is provided
by the company for smooth running of research for effective outcomes. This includes travelling
expenses tools equipments resources etc.
Data analysis and interpretation:
Questionnaire
Q1) Do you have any knowledge about the concept of talent management within
organisation?
a) Yes
b) No
Q2) Does talent management helps in to the success and growth of organisation?
a) Yes
b) No
Q3) does asda is pursuing talent management in order to attract and retain talented
employees?
a) Yes
b) No
Q4) What are the strategies which are used by asda in order to implement talent
management?
a) job description
b) Proper training and development session
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c) provides career path
Q5) What is the impact of talent management on asda?
a) employee engagement
b) encouraged retention
c) improved productivity
Q6) what are the challenges face by the asda while pursuing talent-management in
organisation?
a) lack of leadership
b) Inexperience with technology
c) law frequency of feedback
Q7) what are the initiatives taken by asda to over above challenges in relation to talent
management
a) training and development program
b) job rotation
Q8) do you think talent management is essential for improving overall productivity
a) Yes
b) No
Q9) how does asda identify the talent
a) through results
b) by potential
c) by competencies
Q10) what are the area which need to be improve by asda in term of talent-management
initiatives?
a) Stronger leadership
b) Hiring and staffing policy
c) Powering internal recruitment
RSEARCH OUTCOMES
Q1) Do you have any knowledge about the concept of talent
management within organisation?
Frequency
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a) Yes 26
b) No 4
Q2) Does talent management helps in to the success and growth of
organisation?
Frequency
a) Yes 25
b) No 5
Q3) does asda is pursuing talent management in order to attract and
retain talented employees?
Frequency
a) Yes 24
b) No 6
Q4) What are the strategies which are used by asda in order to
implement talent management?
Frequency
a) job description 12
b) Proper training and development session 11
c) provides career path 7
Q5) What is the impact of talent management on asda? Frequency
a) employee engagement 8
b) encouraged retention 12
c) improved productivity 10
Q6) what are the challenges face by the asda while pursuing talent-
management in organisation?
Frequency
a) lack of leadership 10
b) Inexperience with technology 5
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Q7) what are the initiatives taken by asda to overcome above
challenges in relation to talent management
Frequency
a) training and development program 15
b) job rotation 15
Q8) do you think talent management is essential for improving
overall productivity
Frequency
a) Yes 22
b) No 8
Q9) how does asda identify the talent Frequency
a) through results 8
b) by potential 8
Q10) what are the area which need to be improve by asda in term of
talent-management initiatives? Frequency
a) Stronger leadership 8
b) Hiring and staffing policy 10
c) Powering internal recruitment 12
INTERPRETATION
Q1) Do you have any knowledge about the concept of talent
management within organisation?
Frequency
a) Yes 26
b) No 4
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