Managing Talent at Tesco: Challenges, Strategies, and Analysis

This report delves into the complexities of talent management within Tesco, a major UK supermarket chain. The study begins with an introduction to talent management, defining its role in attracting and retaining skilled employees to achieve organizational goals. The report outlines the research's aim, objectives, and research questions, focusing on identifying staff retention challenges. A comprehensive literature review explores the notion of talent management, its challenges, and strategies for overcoming staff retention issues, specifically within Tesco. The project's scope and limitations are discussed, along with resource and cost considerations. The report includes a detailed project management plan, work breakdown structure, and Gantt chart for timeframe management. A risk register identifies potential risks and mitigation strategies. Ethical considerations are addressed through an ethical issues approval form. The research methodology involves primary and secondary methods to meet project objectives, followed by data interpretation and recommendations. The report concludes with a reflection on the research process, providing a comprehensive analysis of talent management within Tesco and offering strategic insights for staff retention and overall organizational success.

Managing a Successful
Business Project
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TASK 1............................................................................................................................................4
A brief explanation of your proposed research topic and why you have chosen it....................4
An aim and some objectives for your proposed research...........................................................4
....................................................................................................................................................4
A brief discussion of the scope and limitations of your proposed research................................4
....................................................................................................................................................4
Resources and cost considerations relating to your proposed research......................................4
A project plan, Gantt chart or work breakdown structure in order to provide timeframes.........4
A risk register covering the five main risks with the proposed research....................................4
Ethical issues approval form.......................................................................................................4
CHAPTER 1....................................................................................................................................4
INTRODUCTION...........................................................................................................................4
P1 Aim and objectives................................................................................................................5
CHAPTER 2....................................................................................................................................5
Literature Review ...........................................................................................................................5
Notion of talent management .....................................................................................................5
Challenges of Talent management which is facing by TESCO .................................................6
Numerous strategies that TESCO can adopt to overcome the challenge of staff retention .......7
P2 Project Management Plan .....................................................................................................8
P3 WBS and Gantt chart ..........................................................................................................9
CHAPTER 3 .................................................................................................................................11
P4 Carry out small-scale research applying primary and secondary methods appropriate for
meeting project aims and objectives.........................................................................................11
CHAPTER 4 .................................................................................................................................13
P5 Data Interpretation ..............................................................................................................13
CHAPTER 5..................................................................................................................................17
P6 Recommendations................................................................................................................17
CHAPTER 6..................................................................................................................................19
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P7 Reflection ............................................................................................................................19
CONCLUSION..............................................................................................................................21
REFERENCES .............................................................................................................................22
TASK 1
A brief explanation of your proposed research topic and why you have chosen it
Talent-management is defined as the practice used by organisation to retain skilled and
talented employees which help in achieving desired goals and objectives effectively and
efficiently. Talent-management help in managing employee in organisation and focus on
promoting environment in which employees are motivated to develop their skills and knowledge
which help in maximizing productivity and profitability of organisation. In this report chosen
organisation is Tesco. It is one of supermarket chain in UK which provide grocery products to
consumer and focuses on delivering quality products to its consumer. In this report, focus is on
achieving aims and objectives for the case scenario of Tesco. This report focuses on identifying
challenges in talent-management faced by organisation. Identifying risk and challenges help
Tesco in managing their talented employees and it will help Tesco in achieving their goals and
objectives. Talent-management help in promoting environment of high performance and help in
attracting talented employees.
An aim and some objectives for your proposed research.
Aim of the project
To identify the challenge of staff retention facing by an organisation. A case study of TESCO.
Objectives
 To determine the notion of talent management.
 To identify the challenges of Talent management which is facing by TESCO?
 To determine the concept of staff retention?
 To recognize numerous strategies that TESCO can adopt to overcome the challenge of
staff retention.
A brief discussion of the scope and limitations of your proposed research.
This part of report focuses on management of report on how it is executed, monitored and
controlled. Project management is defined as a plan which includes cost, scope, time, quality and
communication which are mentioned below:
3

Scope
It is defined as the opportunity which can be utilised by the organisation in future and which can
help in maximizing productivity and profitability of organisation. Tesco is focusing on managing
their employees which can help organisation in achieving its goals and objectives. Talent
management help organisation in retaining their employees which are skilful and can contribute
in the growth of Tesco. Talent-management help Tesco in attracting skilful employees and help
in retaining talented employees by providing appropriate compensation to their employees.
Talent-management can be possible by providing appropriate training and development to their
employees which can help in development of skills and knowledge of employees. Tesco focuses
on development of their employees so that they can contribute in growth of organisation in long-
term.
Limitation of project
This part focuses on various problems faced by Tesco in managing their talented
employees. Problems faced by managers of organisation is to manage their employees and
identifying skilled employees in organisation. In context of research, limited access to data,
people and organisation can be proved as a limitation. In order get reliable information
researcher have to focus on doing effective research which can help research in getting
appropriate results.
Resources and cost considerations relating to your proposed research.
Resources
When the project is under taken, it becomes the responsibility of the manager at Tesco to
properly allocate resources to complete each and every activity associated with the project. There
are various resources such as human resource, tools and technology which is required to function
properly at a global level.
Cost
It is essential for the project manager to properly analyse and investigate the cost in a proper
manner. For this, project manager at Tesco needs to evaluate the cost of different activities
before expanding its business operations globally.
A project plan, Gantt chart or work breakdown structure in order to provide timeframes
Work Breakdown Structure
4

It is an overall framework in which overall activities of the project are divided and sub divided
into small parts which could be easily managed and completed on time.
Gantt Chart
These charts are mainly used for tracking the projects schedule and help in planning project
effectively and efficiently.
5

A risk register covering the five main risks with the proposed research
S.
No.
Risk
Description
Likelih
ood
Impact Mitigation Contingen
cy
Pre
action
weightin
g score
out of 10
Post
action
weightin
g Score
out of 10
1 Over cost risk High high Maintain
document
detailing about
the costs and
resources
invested in
research work.
Arrange
alternate
resources
which are
cheaper
Arrange
and
manage
resources
which are
reasonable.
7 5
2 Technological
risk
high high Upgrading the
software and
online
applications.
Adoption
of new
technologie
s on
continuous
basis.
7 6
6

3 Operational
risk
Mediu
m
Low By performing
operational
activities in a
systematic
manner
By executing
operational work
in a systematic
way.
While
implementi
ng strategy,
it is most
important
to consider
its future
possible
outcomes
so that
unnecessar
y research
cost has
been
incurred.
1 3
Ethical issues approval form
Ethical issues approval form
It is very important that your research is carried out in an ethically acceptable manner. Please
indicate how you will be addressing relevant ethical issues concerning your research. If you tick
No for any of the questions, please provide an explanation of how you intend to address this
issue at the bottom of the table.
Yes No N/A
The research
participants
The research will not involve children under 18 or adults
with known health, mental or social problems
No
The research will not cause physical or psychological
harm to any participant or other person
No
The research will not involve any payment, gift or No
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inducement being given to anyone
The research will not involve any actual or potential
conflict of interest
No
The research will not involve withholding relevant
information or misleading participants
No
The research will not give rise to any potential risk of
harm or distress to myself
No
The research process
I have already obtained permission from a responsible
individual in the chosen organisation in order to carry
out my primary research there and/or to use other data
and facilities in connection with my research1
Yes
I will seek and obtain written informed consent from all
participants before conducting interviews or focus
groups
Yes
I will provide adequate information for participants in a
questionnaire survey so that they can make an informed
decision whether or not to participate
Yes
I will ensure participant data, including recordings, is
treated confidentially and stored securely during the
research project and is destroyed once my final module
result has been confirmed
Yes
1
? If you do not already have access agreed, you need to confirm that you will provide the
organisation being researched with a written proposal for the project outlining the problem to be
investigated, the intended method of investigation and the access/help sought from the
organisation.
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I will preserve the anonymity of, and information about,
informants unless they give their express permission in
advance
Yes
I will not name any individuals in my project(s) where
this may potentially cause them harm or problems
Yes
I will respect the right of participants to withdraw their
co-operation without notice or reason at any stage
Yes
Use and publication
The findings from my research will be used solely for
the purposes of the project(s) on this module and will
not be used for any other purpose without the written
approval of DGHE and the organisation which is the
subject of the research
Yes
I will not publish my final research or use data collected
during the research project without first gaining the
written consent of DGHE and the organisation where the
primary research was conducted
Yes
Honesty and integrity
I will act at all times honestly and in such a way as not
to reflect discredit on the college, its staff or students;
and not to cause distress, embarrassment or
unpleasantness to any party whether before, during or
following contact with them
Yes
I will not make up my results: all my data will be
collected by me and be presented honestly
Yes
I will cite sources correctly and not plagiarise other Yes
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authors’ work
Confirmation by the student
In signing this research ethics application form, I am also confirming that:
• Primary research must not begin until ethical approval has been granted.
• The form is accurate to the best of my knowledge and belief.
• When I carry out the research, I will fully honour the commitments made in this
approval form (unless any change has first been given specific approval by my
teacher/supervisor).
• I understand that the project, including research records and data, may be subject to
inspection if required in future.
Signature of Applicant:
Full Name of Applicant:
Student ID number:
TASK 2
CHAPTER 1
INTRODUCTION
Talent management is defined as a practice in which an organisation engages in the
operations of constantly attracting and retaining employees with the help of motivating
techniques. This practice enhances overall growth and development of an organisation in
respective industrial sector (Gallardo-Gallardo, Thunnissen and Scullion, 2020). Present report
has been conducted on Tesco which is conducting its business functioning in retail industry.
Company is having global reach and perform its business functions with number of employees.
In this report format of discussion has been conducted on the challenge of talent management
which is facing by organisation. In order to accomplish this research aims, objectives, research
questions and literature review is conducted. In addition to this project management plan, work
breakdown structure, Gantt chat, research methodology and data interpretation is included in this
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report. Along with this recommendation is also been provided to company through which they
can overcome the challenge of talent management.
P1 Aim and objectives
Research Aim:
“To identify the challenge of staff retention facing by an organisation”. A case study of
TESCO.
Research Objectives:
 To determine the notion of talent management.
 To identify the challenges of Talent management which is facing by TESCO?
 To determine the concept of staff retention? To recognize numerous strategies that TESCO can adopt to overcome the challenge of
staff retention.
Research Questions:
 What is notion of talent management?
 What are the challenges of Talent management which is facing by TESCO?
 What is the concept of staff retention?
 What are the numerous strategies that TESCO can adopt to overcome the challenge of
staff retention?
CHAPTER 2
Literature Review
Notion of talent management
According to the view point of Anlesinya and Amponsah-Tawiah, 2020 talent management
is a continuous process in which an organisation engaged in the activity of attracting and
retaining experienced, talented and skilled employees by motivating them and developing their
skill and performance. Main aim behind talent management is to develop a motivated workforce
through which organisational objectives and vision can be accomplished with higher efficiency.
In order to manage talent it is essential for an organisation to invest in employees as they are
major source of company higher profitability and productivity. It is essential for an organisation
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to engage in a strategic process to get right talent on board and provide effective support and
help them to grow (McDonnell and Wiblen, 2020). With the help of talent management an entity
can significantly improve their business practices and can further assure higher competitive
advancements in the industry. In addition to this it has been identified that talent management
effectively enhances long-term sustainability of an organisation through which company can
assure more profitability and growth. There are mainly four pillars of talent management that are
recruitment, performance management, learning and development and retention. It is essential
for HR of an organisation to hire or recruit right employees for right jobs. With the help of best
strategy HR is required to attract skilled and experienced employees for workplace practices.
Once they get hired, it is essential for organisation to measure their performance with company
standards and provide them proper training and development courses through which their skill
gap can be fulfilled. Performance review can be effectively undertaken by an organisation with
the help of performance reviews strategies and communication. It is essential for an organisation
to undertake advantage of performance management strategies in order to measure performance
of employees according to organisation objectives. Learning and development is one of the most
important cycles for employee retention through which existing skills and performance level of
employee can be accomplished. It is essential for an organisation to attract best talent, support
them and feel them engaged into company practices in order to motivate their performance
towards organisational goals and objectives.
Challenges of Talent management which is facing by TESCO
As per the view point of Wassell and Bouchard, 2020 talent management is one of the
most important aspects for organisations through which they can effectively retain and manage
performance and productivity of employees. Challenges of talent management may get arise due
to unappealing culture of company, lack of leadership, pressure upon employees and other
aspects. In addition to this ineffective communication between managers and employees is also
one of the most important reasons that arises challenges of talent management. It has been
identified that in retailing sector talent management issues or challenge mainly get experienced
by organisation if there is poor hiring strategy, ineffective leadership and employee turnover.
These challenges not only affect profitability of an organisation but also lower down its goodwill
in a market place. It is essential for an organisation to have effective form of leadership in order
to manage talent and provide effective guidance to employees. It has been identified that
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