To Investigate the Impact of Talent Management Strategies on Starbucks

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Added on  2023/01/04

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This report investigates the impact of talent management strategies on the success of Starbucks. The study employs both primary and secondary research methods to gather data, considering costs, access, and ethical considerations. Primary data collection involves a survey with questions on gender, age, understanding of talent management, and opinions on various talent management aspects. The survey results are presented in frequency tables and analyzed thematically, exploring employee perspectives on topics such as the effectiveness of talent management strategies, benefits of talent management, importance of talent management in minimizing employee turnover, and the overall impact of talent management on Starbucks' growth and success. The findings are presented graphically and interpreted, highlighting key insights from the respondents. The report covers themes like gender, age, the understanding of talent management, and the impact of talent management on employee retention, engagement, and Starbucks' overall success. The research aims to provide a comprehensive understanding of how effective talent management contributes to organizational success within Starbucks.
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11 Research Project
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Table of Contents
TASK 2.......................................................................................................................................................3
P3 Conduct primary and secondary research using appropriate methods................................................3
P4 Analytical tools to analyze research findings.....................................................................................3
TASK 3.....................................................................................................................................................16
P5 Communicate research outcomes.....................................................................................................16
TASK 4.....................................................................................................................................................18
P6 Reflect on the effectiveness of research............................................................................................18
P7 Consider alternative research methodologies...................................................................................18
REFERENCES........................................................................................................................................20
APPENDIX..............................................................................................................................................21
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TITLE: To investigate the impact of different talent management strategies in organizational
success. A study on Starbucks.
TASK 2
P3 Conduct primary and secondary research using appropriate methods
In this, present investigation, information has been collected by using the primary and
secondary both method of data collection (Clarke and Visser, 2019). To collect the information,
researcher needs the cost, access to collect information from authentic sources and also follow all
the ethical considerations while conducting an investigation.
Cost- This is among most important aspects of research. Cost is required to conduct a
research in a more effective way. The investigator is responsible of raising funds so research
activities can be carried out efficiently (Friginal, Mathews and Roberts, 2019).
Access- A researcher must be able to have clear access to accurate sources of knowledge
and data. The data collection source should be accurate and credible in order to gather the correct
information for chosen area while also achieving positive study results (Lê and et. al., 2019).
Ethical considerations- It is important for the researcher to conduct the current study
correctly. To do research ethically, the researcher would make sure that all information is
handled from trustworthy sources only. When gathering data from the primary sources, the
researcher will first obtain each participant's consent and remind them of when and how their
data will be used. When collecting information from reliable source, the researcher should ensure
the overall data is gathered from primary data and that additional knowledge is prioritized. This
will directly lead to the timely and correct collection of overall test data (Novikov and Novikov,
2019). The researcher and other stakeholders may be sure that all ethical guidelines were met
while conducting this analysis by double-checking the findings.
P4 Analytical tools to analyze research findings
Frequency Table
Q1) Please indicate your gender Frequency
a) Male 10
b) Female 5
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c) Other 3
d) Prefer not to say 2
Q2) Indicate your age Frequency
a) 20 to 25 years 3
b) 26 to 30 years 5
c) 31 to 36 years 8
d) 37 to 45 years 4
Q3) Do you have understanding about the talent management? Frequency
a) Yes 15
b) No 5
Q4) Does implementing the effective talent management strategies
help in sustain the staff members at workplace?
Frequency
a) Yes 12
b) No 8
Q5) Why talent management strategies are helpful in sustain staff
members within an organization?
Frequency
a) Improve hiring process 5
b) Employee development 5
c) Improve employee experience 10
Q6) As per your perspective, what are the benefits of talent
management in context to organization?
Frequency
a) Timely availability of resources 7
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b) Improve employee engagement 10
c) Enable succession planning 3
Q7) What is the importance of talent management in minimizing
employee turnover?
Frequency
a) Employee retention 11
b) Enriching work experience 5
c) Provide career developing opportunities 4
Q8) On the basis of your opinion, how talent management impact
on Starbucks growth and success?
Frequency
a) Positive impact 12
b) Negative impacts 8
Q9) Why talent management develops positive impact on the
growth as well as success of Starbucks?
Frequency
a) Hire talented employees 10
b) Enhance employee motivation 5
c) Sustain staff members 5
Q10) According to you, what are the different talent management
strategies Starbucks should be considered to make organization
successful?
Frequency
a) Understand the power of job descriptions 11
b) Assess candidate cultural fit 6
c) Become a teacher 3
Q11) Which issues are faced by Starbucks company while
managing talent at workplace?
Frequency
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a) Lack of leadership 12
b) Unappealing company culture 4
c) Increased employee turnover 4
THEME 1: Indicate gender
Q1) Please indicate your gender Frequency
a) Male 10
b) Female 5
c) Other 3
d) Prefer not to say 2
a) Male b) Female c) Other d) Prefer not to say
0
2
4
6
8
10
12
10
5
3
2
Interpretation: From the above mention graph, it has been examined that there are 10
respondents and they said that they are male and a part of an organization. On the basis 5
respondents and they are female employees. 3 respondents are in the category of other gender
and there are 2 remaining respondents which are not preferred to say anything about their gender.
THEME 2: Indicate age
Q2) Indicate your age Frequency
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a) 20 to 25 years 3
b) 26 to 30 years 5
c) 31 to 36 years 8
d) 37 to 45 years 4
a) 20 to 25 years b) 26 to 30 years c) 31 to 36 years d) 37 to 45 years
0
1
2
3
4
5
6
7
8
9
3
5
8
4
Interpretation: On the basis of opinion of 3 respondents that their age is between the 20 to 25
years. As per viewpoint of the 5 respondents that they are between 26 to 30 years. There are 8
respondents and they are among the 31 to 36 years old. There are remaining 4 respondents which
are between 37 to 45 years old.
THEME 3: Understanding about talent management
Q3) Do you have understanding about the talent management? Frequency
a) Yes 15
b) No 5
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a) Yes b) No
0
2
4
6
8
10
12
14
16 15
5
Interpretation: As part of mention graph, it has been stated that there are 15 respondents and
they said that they have understanding about the talent management. According to them, talent
management is strategic deployment of the human resource to help in order to reach at business
roles through hiring common developing and also provide the training to employees so that their
skills and competencies to perform the job can be improved and they can perform in a better
manner. There are 5 remaining respondents which are not aware about the talent management in
detailed manner.
THEME 4: Talent management strategies help in sustain the staff members
Q4) Does implementing the effective talent management strategies
help in sustain the staff members at workplace?
Frequency
a) Yes 12
b) No 8
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a) Yes b) No
0
2
4
6
8
10
12
14
12
8
Interpretation: It has been examined that there are 12 respondents and on the basis of their
opinion that implementing the better talent management strategies are helpful in sustain staff
members within an organization. According to that provide the better job description is one of
the effective way that provides employees the job role so that they can perform in better manner.
It explains about the role they can performs and also functions. Job descriptions are aware about
what they need to perform and the task they need to attain within our given period of time. There
are 8 remaining respondents and they said that implementing the talent management strategies
are not helpful to sustain employees at workplace for long period of time.
THEME 5: Talent management strategies are helpful in sustain staff members
Q5) Why talent management strategies are helpful in sustain staff
members within an organization?
Frequency
a) Improve hiring process 5
b) Employee development 5
c) Improve employee experience 10
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a) Improve hiring process b) Employee development c) Improve employee
experience
0
2
4
6
8
10
12
5 5
10
Interpretation: From the above mentioned graph, it has been stated that talent management is
strategies are helpful for staff members and sustain them at workplace for longer period of time.
There are 5 respondents and according to them that talent management strategies are helpful for
company to improving the hiring process. This is helpful in make the hiring process simpler and
it could recruit the qualified and talented employees at workplace so that they can even to attain
the specific aim or objectives within the given period of time. On the basis of 5 respondents that
through using the effective talent management strategy, company can make the employee
development to perform effectively and was also motivated them. There are 10 remaining
respondents and according to them talent management strategies are more effective in improving
the employees experience so that they can be motivated and sustained them for longer period of
time.
THEME 6: Benefits of talent management
Q6) As per your perspective, what are the benefits of talent
management in context to organization?
Frequency
a) Timely availability of resources 7
b) Improve employee engagement 10
c) Enable succession planning 3
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a) Timely availability of
resources b) Improve employee
engagement c) Enable succession
planning
0
2
4
6
8
10
12
7
10
3
Interpretation: From the given graph, it has been examined talent management is beneficial for
an organization. On the basis of 7 respondents that talent management is beneficial for business
for timely available of the resources. They stated that resource planning is really used to fulfill
the requirements of human resource. Human resource management tools gives complete
visibility into the resources profile as well as kept at the details for an instinctive skills come
experience qualification of every little bit and also cost. There are 10 respondents and they said
that the main focus of an organization is to improving the employee’s engagement. Identify the
employer's skilled locating the over skill or another skill to resources to their project and lead to
employment and schedule over. In this, company can use the first planning tools to schedule the
teams to activity on the basis of their interest and ability's full response. This will help in
engaging the employees in activities. 3 remaining respondents and they are agreeing with
succession planning. According to them succession planning is necessary process of the talent
management that assists to develop scheduled workforce which are capable to fulfilling the
leadership and also other necessary role of business. This is effective in making the business
successful and gain competitive advantages.
THEME 7: Importance of talent management in minimizing employee turnover
Q7) What is the importance of talent management in minimizing
employee turnover?
Frequency
a) Employee retention 11
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b) Enriching work experience 5
c) Provide career developing opportunities 4
a) Employee retention b) Enriching work
experience c) Provide career developing
opportunities
0
2
4
6
8
10
12 11
5
4
Interpretation: There are 11 respondents and according to them employee retention is one of
the main importance of talent management in order to producing the employer stuff in the
competitive marketing as well as maintaining the resources to do business or make it sustain at
marketplace. Employee retention is necessary component of talent management as it consists
hiring the right candidate, employee benefit and also provide the training in the form of
opportunities. If turnover is reducing the it consists the succession planning for the business
continuity. On the basis of 5 respondents that talent management is effective in providing the
better experience to employees as to motivate them. There are 4 remaining respondents and they
said that talent management is effective in providing the better career of developing
opportunities for employees so that they can able to motivated and also stain at workplace for
longer time period.
THEME 8: Talent management impact on Starbucks growth and success
Q8) On the basis of your opinion, how talent management impact
on Starbucks growth and success?
Frequency
a) Positive impact 12
b) Negative impacts 8
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