Examining Effective Talent Management Strategies for Business Success

This research proposal investigates effective talent management strategies, using ASDA as a case study. The study aims to determine the effectiveness of talent management strategies for business success, addressing research objectives such as understanding the concept of effective talent management, examining challenges faced by ASDA in the absence of such strategies, and identifying potential strategies. The proposal outlines the research questions, rationale, literature sources, activities, timescales, research approach, and methodologies. The researcher plans to use a quantitative approach, employing deductive reasoning and a descriptive research design. Data will be collected primarily through questionnaires, with a sample of 30 ASDA employees. The proposal includes a Gantt chart detailing the project timeline and milestones, ensuring a structured approach to the research.

Reasearch proposal

Contents
REFERENCES................................................................................................................................8

Research Proposal Form
Student Name: ______________________ Student ID: ____________
Centre Name: _____________________
Tutor: ________________ Date: ___________________
Unit: ____________________
Proposed Title: ______________________________________________
Section One: Title, objective, responsibilities
Title or working title of the research project (in the form of a question, objective or hypothesis)
Research Title- “To examine the effective talent management strategies for the success of business
enterprise.”
Research 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.”
Research objectives (e.g what is the question you want to answer? What do you want to learn how to
do? What do you want to find out?):
Research objectives-
 To study the concept of effective talent management strategies.
 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.
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?
Section Two: Reasons for choosing this research project
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Reasons for choosing the project (e.g links to other subjects you are studying, personal interest,
future plans, knowledge/skills you want to improve, why the topic is important):
Rationale of research- The reason for organising and conducting the research on this topic is such that it
will support the investigator to improve the knowledge that in turn helps in the future planning. Apart from
this, conducting investigation in this research area will further support to determine several manners or
strategies of talent management which can be opted by the management of business organisation in context
of making development and success of the establishment (Taylor, 2018). As, surveyor have their own
personal interest to and that is why, it will support to examine on this topic that in turn enable to meet the
gain knowledge as well. By this study, investigator also creates a development opportunity that in turn to
meet their future plan.
Section Three: Literature sources searched
Use of key literature sources to support your research question, objective or hypothesis:
the concept of effective talent management strategies
As per the view of Writer S. (2019), talent management is explained as the methodology conducted,
strategic process of getting the right talent onboard and supporting them grow to their optimal abilities
keeping organisational objectives in mind. The activity thus consists finding out skill gaps and vacant posts,
sourcing for and on boarding the suitable applicants, developing them within the system and improving
required abilities, training for expertise with a future focus and appropriately involving, retaining and
encouraging them to accomplish long term business aims. Talent management in companies is not just
limited to attracting the best individual from the business sector but it is a constant process that considers
sourcing, hiring, developing and promoting them when meeting the business needs simultaneously. Talent
management naturally includes many of the duties of HR. To accomplish growth in business, the most
important thing is to recognise the talent that can accompany the firm in attaining their aim.
the challenges that face by ASDA in absence of talent management strategies
There are several issues and challenges which can be faced by organisations in order to talent management.
Some of them are as under:
Higher total compensation demands- Workers continually feel pressure to offer will for themselves and
for their dependents. When they feel their compensation is not fair, they would not hesitate to speak up
about the situation (The 5 biggest talent management challenges for HR in 2017). This creates a complex
situation for any human resources manager whose duty considers keeping workers for fulfilled while
keeping costs low.
Lack of leadership- It is one of the key challenges which faced by organisations in order to talent
management. If the company has not effective leadership, then people not get appropriate guidance as well
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as not perform their job duties in effective manner then they feel discouraged which create issues regarding
talent management.
Increased employee turnover- It another effective challenge which is highly faced by the companies in
order to not provided effective services and benefits to employees then the employees turn over situation
arise which directly affect the management of skilled workers.
the possible the strategies that opts by the management of ASDA in order to deal with challenges
According to Ansari K. (2020), there are several strategies which can be considered by the management of
ASDA in order to deal with talent management related issues and complexities.
Assess candidates culture fit- During the time of hiring, the firm should make focus on the candidates that
they should select applicants who fit right he company’s culture (Sheehan, Grant and Garavan, 2018). This
will assist in dealing with the issues of high employee turnover, because when the people have ability to
work as per the culture of venture then they can support the firm in long run.
Learn to become a coach- It is another tool which can be considered by the management of ASDA in
order to deal with talent management challenges. With the help of it the problem of lack of leadership can
be resolved as when employees are motivated by proper guidance and leadership then they will perform
their work appropriately.
the effectiveness of talent management strategies for the success of organisation
Tankersley J. (2016), Organisations want to retain their best workers to form winning teams that are
encouraged and involved. Talent management strategies are crucial because they play an effective role in
management and retention of skilled workers of firm. With the support of reward system strategies,
establishments are spending over one third of their revenues on their workers’ wages and benefits. Also
training and development strategies are crucial for the firm’s success as with the support of it they provide
opportunity to workers to make development and enhancement in their knowledge and skills. Along with
this by providing effective support and guidance they direct people to work in effective manner which also
appropriate to retain manage skilled manpower within the firm (Gallardo-Gallardo, Thunnissen and
Scullion, 2020). These all plans are significant for the enterprise as they all contribute in the success and
development of enterprise.
Section Four: Activities and timescales
Activities to be carried out during the research project (e.g research, development
and analysis of ideas, writing, data collection, numerical analysis, tutor meetings,
production of final outcome, evaluation, writing the report): How long this
will take:
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Task
Mode Task Name Duration Start Finish Predecessors
1 Selecting topic 5 days Tue 3/17/20 Mon 3/23/20
2 Developing aim and
objectives 9 days Tue 3/24/20 Fri 4/3/20 1
3 Outlining 34 days Mon 4/6/20 Thu 5/21/20 1,2
4 Literature review 11 days Fri 5/22/20 Fri 6/5/20 1,3
5 Research methodology 10 days Mon 6/8/20 Fri 6/19/20 1,3,4
6 Preparing for proposal 8 days Mon 6/22/20 Wed 7/1/20 5
7 Submitting the proposal 3 days Thu 7/2/20 Mon 7/6/20 6
Task
Mode Task Name Duration Start Finish Predecessors
1 Aim and objectives 8 days Mon 9/21/20 Wed 9/30/20
2 Literature review 9 days Thu 10/1/20 Tue 10/13/20 1
3 Research methods
selection 7 days Wed
10/14/20 Thu 10/22/20 2,1
4 Review of collected
sources 9 days Fri 10/23/20 Wed 11/4/20 2,3
5 Formulation of
questionnaire 7 days Thu 11/5/20 Fri 11/13/20 4
6 Sending questionnaire
for data collection 8 days Mon
11/16/20
Wed
11/25/20 5
7 Data interpretation 15 days Thu 11/26/20 Wed
12/16/20 6
8 Conclusion and
Recommendation 7 days Thu 12/17/20 Fri 12/25/20 7
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9 Formatting 8 days Thu 12/17/20 Mon
12/28/20 7
10 Taking feedback 5 days Mon
12/28/20 Fri 1/1/21 8
11 Doing changes as per the
feedback provided 10 days Tue 12/29/20 Mon 1/11/21 9
12 Final submission 3 days Mon 1/4/21 Wed 1/6/21 10
Milestone one: _________________
Target date (set by tutor): ____________________
Milestone two: _______________________
Target date (set by tutor): ______________________
Gantt Chart
Section Five: Research approach and methodologies
What type of research approach and methodologies are you likely to use and why? What your areas
of research will cover:
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Research types: In order to achieve aim and objectives, investigator will selects quantitative study over
qualitative. Quantitative research is the process of collecting and determining statistical information. It can
be used to find patterns and averages, make predications, test casual relationships and generalise outcomes
to wider population (Collings, Scullion and Caligiuri, 2018). The reason behind the selection of this method
is that with the support of this research, the investigator can be made a broader study, consisting more
subjects and supporting more generalisations of results. Also, it is cost effective method and information
can be easily with the use of different tools of quantitative methods.
Research approach: There are two main types of research approach such as inductive and deductive out of
which deductive tool are opted and considered with quantitative research method. Thus, within this current
research project, the investigator will make utilisation of deductive method withbthe use of quantitative
methid in context of gathering information with the aim of completion of the research project.
Research philosophy: There are two kinds of research philosophy like positivism and interpretive that can
be performed for a research. Positivism philosophy is based on the idea that the technical knowledge is
peace and symbolised through research questions that acquired from current knowledge conception.
Whereas interpretivism philosophy underlines on use of qualitative research tool to obtain outcomes.
Research design: It refers to entire plan and tools that the researcher chooses to incorporate the diverse
aspects of the research in logical manner. It considers the plan for collecting information, assessment and
determines the information. There are main three form of research design like exploratory, descriptive and
explanatory. Within this current research, the descriptive research design is used because it support in
offering an effective image of different events and it is significant because the researcher has previous
knowledge about data gathering.
Data collection: There are two forms of data collection tools will be considered by surveyor such as
primary and secondary. The primary data is that which is derived from first hand sources. Ot can be
historical first hand sources or the information collected from the representatives in survey or other tools.
Whereas secondary data is that which is collected from the work or views of researchers. In order to collect
information through second source, the tools like books, journals, articles and many more. The information
which is collected by using these sources are already accessible in the market and used by others for their
own work (Pandita and Ray, 2018). In this research, the investigator will opt primary source of data
collection by making use of questionnaire as a data collection tool. It is crucial because with the help of it,
the researcher can collect fresh and pure data in order to accomplishment of the research.
Sampling: It is a representative segment of a larger population. In quantitative research, the sample size and
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how it is chosen can be utilised to establish reliability of the outcomes of the research. In this current
research study, the researcher will use simple random sampling method with the aim of support to analyse
the chosen representative’s reposes (Claus, 2019). Thus, the researcher will choose 30 people of ASDA as
employees in term of sample in order to describe about the research topic of Talent management.
Questionnaire: It is included as impartial tools of information gathering that will be managed to the simple
subjects either by mail, phone and online. They have long been one of the most popular and important data
collection tools. It is generally a document that includes a range of questions associated to research topic. It
refers document that is analysed as a series associated to question related to particular area of investigation
that support in gathering data for effective completion connected to evaluation of study. Also, the person
can centres on gathering information through utilising direct communication and interaction with person.
Questionnaire
Q1. Do you study the concept of talent management?
(a) Yes
(b) No
Q2. What are the challenges that face by ASDA in context of talent management?
(a) Higher total compensation demands
(b) Lack of leadership
(c) Increased employee turnover
Q3.What are the possible the strategies that opts by the management of ASDA in order to deal with
challenges?
(a) Assess candidates culture fit
(b) Learn to become a coach
(c) Training & development
(d) Reward system
Q4. What is the effectiveness of talent management strategies for the success of organisation?
(a) Retention of skilled workers of firm
(b) Improve employees skills and knowledge
(c) Growth of firm
Q5. Are you agreed that training & development is an effective strategy for organisational success and
development?
(a) Agree
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(b) Disagree
Q6. What are the areas the administration of ASDA needs to develop in terms of talent management
initiatives?
(a) Recruitment and selection process
(b) Performance management
(c) Equality and diversity management
Q7. What are the ways through which a firm can get attention of talent?
(a) Good staff and workplace atmosphere
(b) Personal development
(c) Flexible working options
Q8. Do you agree that talent management initiatives a top priority in ASDA?
(a) Yes
(b) No
Q9. Provide suggestion about the challenges that faced by ASDA regarding talent management.
Findings
Theme 1:
Q1. Do you study the concept of talent management? Frequency
(a)Yes 18
(c) No 12
Integration- this has been analysed that among the unit of 30 people, 18 individuals are agreed that they are
well know with the talent management conception. Whereas remaining 12 individual are disagreed with
this and replied that they are not aware this concept.
Theme 2:
Q2. What are the challenges that face by ASDA in context of talent
management?
Frequency
(a) Higher total compensation demands 11
(b) Lack of leadership 10
(c) Increased employee turnover 9
Integration- This has been concluded from the above statistics that among the population of 30 employees,
11 people are replied that higher total compensation demands is the challenge which faced by ASDA while
10 people are responded that lack of leadership is the key challenge. Whereas enduring 9 people are agreed
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with increased employee turnover and viewed that it is the key issue.
Theme 3:
Q3.What are the possible the strategies that opts by the management
of ASDA in order to deal with challenges?
Frequency
(a) Assess candidates culture fit 9
(b) Learn to become a coach 6
(c) Training & development 8
(d) Reward system 7
Integration- It has been determined from the above mentioned data that among the group of 30 people, 9
are agreed with assess candidates culture fit, 6 are replied to learn to become a coach and 8are responded
that training and development is an effective strategies which can by follow and consider by the
administration of ASDA. While remaining 7 employees are agreed with reward system that it is an
effective talent management strategy which can be used by the firm.
Theme 4:
Q4. What is the effectiveness of talent management strategies for the
success of organisation?
Frequency
(a) Retention of skilled workers of firm 12
(b) Improve employees skills and knowledge 8
(c) Growth of firm 10
Integration- This has been monitored from the above defined statistical information that among population
of 30 employees, 12 people are agreed with retention of skilled employees of firm and 8 are supported to
improve workers skills and knowledge are the significance of talent management strategies. While
remaining 10 individuals are agreed with growth of company is the main importance of talent management
tools and strategies.
Theme 5:
Q5. Are you agreed that training & development is an effective
strategy for organisational success and development?
Frequency
(a) Agree 17
(b) Disagree 13
Integration- this been determined from the above mentioned numerical information that among the
population of 30 people, 17 individuals are replied that they are agreed with training & development is an
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effective tool for talent management and retention of skilled workers. While remaining 13 people are
disagreed and replied that training and development is not appropriate tool and strategy to support
organisational success.
Theme 6:
Q6. What are the areas the administration of ASDA needs to develop
in terms of talent management initiatives?
Frequency
(a) Recruitment and selection process 9
(b) Performance management 11
(c) Equality and diversity management 10
Integration- This has been monitored from the statistical information among the population of 30
individual, 9 individual are recruitment and selection process and 11 individuals are replied that
performance management is the area which can be develop in terms of talent management initiatives.
While remaining 10 individual are agreed with equality and diversity management is the area which need to
develop in term of talent management initiative.
Theme 7:
Q7. What are the ways through which a firm can get attention of
talent?
Frequency
(a) Good staff and workplace atmosphere 13
(b) Personal development 7
(c) Flexible working options 10
Integration- From the above numerical data, this can been analysed that among the population of 30
workers, 13 individuals are supported to good staff and workplace atmosphere and 7 personal development
is the way by which a company can attract talent. While remaining 10 individuals are flexible working
options is an effective which can be consider by the firm in order to attract talent.
Theme 8:
Q8. Do you agree that talent management initiatives a top priority in
ASDA?
Frequency
(a) Yes 19
(b) No 11
Integration- This has been determined that among the population of 30 people, 19 employees are agreed
and viewed that talent management initiatives is a top priority in ASDA. Whereas remaining 11 individuals
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