Talent Management Strategies: A Project Report on SJ Henderson Ltd.

This report analyzes talent management strategies at SJ Henderson Fulfilment Ltd., focusing on attracting and retaining employees. It includes an introduction to talent management, research aims and objectives, a project management plan with cost, time, scope, communication, risk, resources, and quality considerations, a work breakdown structure, and a Gantt chart. The research methodology employs both primary (questionnaire) and secondary data collection methods, utilizing quantitative research with a sample of 20 employees. Findings cover understanding of talent management, its importance for organizational performance, impact on productivity, contribution to employee engagement, challenges in implementation, effective strategies to overcome challenges, benefits, and recommendations for SJ Henderson Fulfilment Ltd. to enhance competitive advantages. The report concludes with reflections on the research process and findings.

Managing a successful
business project
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INTRODUCTION...........................................................................................................................3
TASK1.............................................................................................................................................4
PART A...........................................................................................................................................4
P1 Aims and Objective...........................................................................................................4
P2 Project management plan..................................................................................................4
P3 Work breakdown Structure and Gantt chart......................................................................6
PART B............................................................................................................................................8
P4 Research Methodology......................................................................................................8
TASK 2..........................................................................................................................................21
Recommendation..................................................................................................................21
TASK 3..........................................................................................................................................22
Reflection.............................................................................................................................22
CONCLUSION..............................................................................................................................23
REFERENCES..............................................................................................................................24
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INTRODUCTION
Managing a successful business plan is defined as an efficient evaluation of the business
plan in which in-depth analysis of planning, organisation, direction and controlling of different
type of business task is done as to operate business services in successful manner (Ahmed and
Bazakama, 2021). With the help of managing successful business plan, an organisation can fulfil
their aims and objective with the help of required skills and knowledge. Talent management
plays an essential resource for an organisation irrespective of its size and scope that allow
organisation to enhance effectiveness of workforce with an organisational workplace premises.
This helps organisation to utilise talent of employees to fulfil organisational goals and objectives.
Present report is conducted on SJ Henderson Fulfilment Ltd. which is operating its business
operations in the provinces of United Kingdom. In this report, discussion has been conducted on
aims and objective of talent management. Along with this data has been collected with primary
and secondary sources of data cCollection method. Report includes proper project plan, work
breakdown structure and Gantt chart, data analysis, recommendation and reflection.
TASK1
PART A
Aims and Objective
Talent management is a continuous process in which organisation engages in the process
of enhancing employee’s talent and capabilities and further encourage and influence them to
perform better. It is a significant business tool through which SJ Henderson Fulfilment Ltd. aim
towards ensuring more growth and competitiveness in theis industry.
Research Aim-
“To study the best strategies to attract and retain people”. A case study of SJ Henderson
Fulfilment Ltd.
Research Objectives-
 To evaluate the concept of Talent management.
 To identify the key challenges that can be experienced by SJ Henderson Fulfilment Ltd.
 To determine talent strategies SJ Henderson Fulfilment Ltd. use to attract and retain
people.
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Research Questions-
 What is the concept of Talent management?
 What are the identify the key challenges that can be experienced by SJ Henderson
Fulfilment Ltd?
 What are the talent strategies SJ Henderson Fulfilment Ltd. use to attract and retain
people?
P2 Project management plan
Project management plan is termed as a documentation of project that outlines scope,
budget, goal of the business plan and outline project plan requirements (Azmy, 2021). It
assistassists organisation to set a time frame in order to conduct project activities in an
systematic manner.
Cost:
It is basically an overall sum of capital which is required to conduct the project to meet
project objectives and aim. With the help of setting appropriate cost all the activities can be
fulfilled without facing over expenses. Mentioned below total cost to conduct present report is
mention:
Total forecasted budget
Particular 2017-18($)
Implementing technology cost 100
Promotional expense 40
Advertisement expense 60
Catalogues 35
Training charges 65
Total cost 300
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Time:
It is basically a timeline which is set to fulfil all the research objectives. In this every
activity is divided according to the time frame that allow investigator to execute project timely.
To complete present report 2 months of time duration is being framed.
Scope:
Scope is an essential aspect in a project plan in terms of present project. It has been
identified that this research investigateinvestigates talent management strategy through which an
organisation can retain people for longer period of time (Barzantny and Clapp-Smith, 2021).
This indicates that project is having wider scope through which organisation can enhance their
overall productivity and profitability.
Communication:
Communication plays important role through which all the activities and functions can be
conducted in an efficient manner. Inefficient communication lead towards affecting
accomplishment of research in adverse manner (d’Armagnac, Al Ariss and N’Cho, 2021). In
terms of present research investigator will undertake advantage of different form of
communication tools such as email, texts and more to provide essential details to team mates.
Risk:
Risk is a factor that researcher can face in the process of conducting activities.
Investigator can face different type of obstacles that can hamper accomplishment of project in an
effective manner. In terms with present research, risk can be seen in terms of time and more.
However, strategies are required to be framed by investigator to mitigate the risk and fulfil
project in efficient way.
Resources-
There are different types of resources that can be utilised in business for fulfilment of
research objectives. Resources, are mainly consists of organisation assets, human resource and
finance.
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Quality:
It is essential to maintain quality of project. In terms with present research investigator
maintain quality of present research by maintaining proper ethical standards and adhering to
principles of transparency and accountability.
P3 Work breakdown Structure and Gantt chart
Gantt chart:
Gantt Chart is a graphical representation and mainly include series of horizontal lines that
defines overall project schedule. With the help of this tool, project manager can graphically
schedule, plan, track and coordinate project to fulfil project deliverables in an effective manner.
Work breakdown structure: -
It is a project management tool that duly divides different tasks into sub-group through
which fulfilment of research activities can be done efficiently (Dzimbiri and Molefakgotla,
2021). WBS allow investigator to break down research components into manageable parts to
conveniently fulfil all the objectives and task effectively.
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PART B
P4 Research Methodology
Primary research method:
It is a form of data collection methods in which investigator undertake advantage of
different data collection tools like interview, questionnaire and more in order to acquire
viewpoint of respondents (Nowak and Scanlan, 2021). Primary data collection method is raw
data collection \ that allow investigator to acquire information from observations, focus group,
questionnaire, field trials and more. In order to conduct present research, investigator with the
help of questionnaire acquire respondent’s viewpoint on the present selected topic. The rReason
behind selecting this method of data collection is to enhance viability and accuracy of collected
information.
Secondary research method:
It is a form of data collection method in which investigator undertake use of already
existing sources to fulfil research objective. Magazines, online articles, books, newspaper,
journals are some of the secondary research method tools (Setyawan, 2021). With the help of
selecting secondary data collection tool, investigator aim towards fulfilling research objectives
with accurate information.
Qualitative research:
Qualitative research is a process of collecting and evaluating numerical data which is
used to identify the test causal relationship and make prediction among the large group of
population. This can be undertaken with the help of graph and charts of collected data (Tarique,
2021). This method is specifically used for collecting, analysing and interpreting non numerical
data.
Quantitative research:
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This aspect is based on numerical and statistical information that investigator uses to
fulfil research objective. With help of quantitative research, investigator can evaluate large
number of respondents’ response and further engage in executing research process in an effective
manner (Shafique, M. and Zia-ur-Rehman, 2021). With the help of this method, investigator
acquire responses which is more practical comparatively to qualitative research.
According to the above discussion, investigator will take use of quantitative method, with
the help of questionnaire as data collection mode. In this, researcher with the help of sampling
method selected 20 respondents who are respondents of employees of SJ Henderson Fulfilment
Ltd. The main reason behind selecting employees as respondents, as with the help of this
accurate and valid information can be acquired.
QUESTIONNAIRE
Name
Age
Gender-
Q1) Do have understanding of the concept of talent management?
a) Yes
b) No
Q2) In your opinion, why implementation of talent management strategies is important for an
organisation?
a) Increase in consumer satisfaction
b) Increase in business performance
c) Low level of employee turnover
Q3) In what way talent management strategies impact productivity of SJ Henderson Fulfilment
Ltd.?
a) Positive impact
b) Negative impact
Q4) Do you think, there is any contribution of talent management strategies in employee
engagement in an organisation for a longer period of time?
a) Yes
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b) No
Q5) What are the challenges that manager can face while implementing talent management
strategies within organisation?
a) Embracing diversity
b) Creating talent management programs
c) Engaging employees
d) Attractive reward and recognize strategies
Q6) What are the most appropriate strategy through which challenges of managing talent can be
overcome by organisation?
a) Promoting more talent management programs
b) Offerings competitive rewards and recognition
c) Embracing more diversity and ethical culture
Q7) What is the benefit of talent management strategies in context with organisation?
a) Low level of employee’s turnover
b) Maximum employee satisfaction
c) Higher growth and development of employees and organisation
Q8) What is the best talent management strategy that help SJ Henderson Fulfilment Ltd. to
retain talent?
a) Recognising rewards and recognition
b) Increase employee’s motivation
c) Talent management programs
Q10) Give some recommendation to SJ Henderson Fulfilment Ltd. to attract large number of
employees and retain themthen for more competitive advantages.
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Findings and data using appropriate tools and techniques
Q1) Do have understanding of the concept of talent management? Frequency
a) Yes 18
b) No 2
Q2) In your opinion, why implementation of talent management strategies
is important for organisation?
Frequency
a) Increase in consumer satisfaction 10
b) Increase in business performance 5
c) Low level of employee turnover 5
Q3) In what way talent management strategies impact productivity of SJ
Henderson Fulfilment Ltd.?
Frequency
a) Positive impact 15
b) Negative impact 5
Q4)Do you think, there is any contribution of talent management
strategies in employee engagement in an organisation for a longer period
of time?
Frequency
a) Yes 16
b) No 5
Q5) What are the challenges that manager can face while implementing
talent management strategies within organisation?
Frequency
a) Embracing diversity 6
b) Creating talent management programs 6
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c) Engaging employees 4
d) Attractive reward and recognize strategies 4
Q6) What is the most appropriate strategy through which challenges of
managing talent can be overcome by organisation?
Frequency
a) Promoting more talent management programs 13
b) Offerings competitive rewards and recognition 4
c) Embracing more diversity and ethical culture 3
Q7) What is the benefit of talent management strategies in context with
organisation?
Frequency
a) Low level of employee’s turnover 12
b) Maximum employee satisfaction 5
c) Higher growth and development of employees and organisation 3
Q8) What is the best talent management strategy that help SJ Henderson
Fulfilment Ltd. to retain talent?
Frequency
a) Recognising rewards and recognition 11
b) Increase employee’s motivation 5
c) Talent management programs 4
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