BTEC HND Business Project: Analyzing Tesco's Talent Management

This project, undertaken by a BTEC HND Business student, investigates talent management strategies within Tesco. The research aims to identify and assess optimal strategies for implementation. The project includes defining aims, objectives, and timeframes; conducting small-scale research using questionnaires; gathering and analyzing data; and presenting findings with recommendations. Key components include a project management plan with a scope statement, work breakdown structure, and Gantt chart. The research utilizes primary research methods, specifically questionnaires, to gather data on employee perspectives regarding talent management. The findings are presented graphically, with analysis and interpretation leading to conclusions and recommendations for Tesco's HR department. The student reflects on the value gained from the project, highlighting the challenges and learning experiences, ultimately concluding that effective talent management is crucial for organizational development and employee skill enhancement.

Managing a
Successful
Business Project

Table of Contents
 Introduction
 Main Body
 Conclusion
 References

INTRODUCTION
Talent Management refers to making the use of a wide variety of strategies and techniques
which are required in order to ensure that the attainment of a wide range of overall
organizational goals as well as objectives can be done quite effectively and efficiently so
that the the contribution towards the attainment of short-term, medium-term and long-term
goals and objectives in the future can be made in a right manner (Aghaei, Bahrololoum and
Andam, 2020). Thus it is important for the HR department of the organizations to consider
the appropriate Talent Management Strategies to be applied so that the organizational
productivity level can be raised. This project is based on Tesco. It is a British Retail
Company which provides a wide variety of products and services to its customers in the
market. In this assignment, detailed focus will be made on establishment of the project
aims, objectives and timeframes, conducting of small-scale research, information gathering
and data collection, presentation of the project and communication of appropriate
recommendations. Additionally, specific analysis on reflection on the value gained from
conducting the project will be made as a part of this project.

Main Body
Research Title- Talent Management Strategies to be applied within an organization- A study on Tesco
Research Aim- To identify and assess the best Talent Management Strategies which can be
implemented within the organizational processes
Research Objectives-
 To identify the requirement of assessment of talented people within the organizations
 To assess the need of applying the use of talent management strategies within an organization
 To identify the impact which will be put by the use of talent management strategies in the
organizations

CONTINUED…
According to Prarthana Ghosh, Talent Management refers to a methodologically arranged , strategic process of
getting the right talent onboard and helping them grow to their optimal capabilities by keeping various types of
organizational objectives in mind. Thus, it can be said that it is a process through which the overall goals and
objectives can be attained in the right manner effectively and efficiently in the right manner. Therefore, it is
crucial for the management of Tesco that it is able to find out the way in which the application of a wide
variety of strategies and methods so that the application of Talent Management can be done. This will be
helpful in identifying the way in which the overall goals and objectives as well as the productivity level can be
raised which will lead towards raising of overall profitability level in the future. Further, there is a particular
use of Talent Management Process Model in which there are steps of Planning, Attracting, Selecting,
Developing, Retaining and Transitioning. Thus, In this way it can be said that the Talent Management is
important in the organization.

CONTINUED…
A Project Management Plan refers to a plan in which the detailed needs and
requirements of the projects of the different types of organizations can be analysed so that
the appropriate actions can be taken accordingly so that the project goals and objectives
can be attained in the future effectively and efficiently (Cooke, 2017). It has to be framed
by Tesco's management so that it is able to make sure that project goals and objectives in
the short-term, medium-term and long-term can be attained in a proper manner. The wide
range of components of this particular plan are as follows-
 Scope Statement- The Project of Tesco in which the implementation of the
Talent Management Strategies has been planned is quite wide in scope and therefore in
this way it can be said that the use of these strategies will be made in this particular
project to ensure the attainment of the goals and objectives (Dang, Nguyen and Ha,
2020).

CONTINUED…
Work Breakdown Structure- A Work Breakdown Structure i.e. WBS
refers to a structured breakdown of the various types of tasks and
activities which are to be conducted in the course of completion of the
different types of activities (Kusi, Opoku-Danso and Afum, 2020). In the
context of Tesco, the use of a WBS is needed so that the tasks and
activities can be used in the right manner for the attainment of the goals
and objectives effectively and efficiently.

CONTINUED…
Gantt Chart- A Gantt Chart refers to making of a detailed schedule in which the
specification of a wide range of different types of activities is provided so that the project
can be completed well within the time range (Miiro, Othman and Ibrahim, 2017). In it,
detailed specification of the activities is provided and the time-period in which they will be
covered is also given which helps the management to be able to identify the way they have
to be completed within a set time-period. Tesco has to ensure that the use of Gantt Chart is
made so that the project can be divided according to the activities and scheduled
accordingly so that it can be completed well within the set time period.

CONTINUED...
The use of Research Methods has to be made so that the small-scale research can be carried
out in a proper way (Pannell and Mendez, 2019). The methods which can be used by Tesco
are as follows-
Primary Research Methods- In these research methods, the research is done on a direct
basis by contacting the different respondents who can provide the answer to the questions.
Thus the data is collected in this manner from the respondents and the analysis and
interpretation is carried out. Examples of these methods are Survey, Questionnaire,
Interview, Observations etc. Therefore, the use of Questionnaire method will be made by
Tesco here so that the different types of questions can be asked to the respondents and the
answers to the same can be provided for Analysis and Interpretation.

CONTINUED…

CONTINUED…
For the presentation of the findings
and data the use of graphical
method will be made so that the
analysis and interpretation can be
carried out properly to derive
conclusions and recommendations-
Question 1- Should the HR
department of Tesco make the use
of specific strategies and methods
to implement Talent Management
Strategies?
Answer-
 Yes- 40 respondents
 No- 10 respondents

CONTINUED…
Question 2- Is the use of Talent Management Strategies necessary for
ensuring the personal and professional development of the employees?
Answer-
 Yes- 36 respondents
 No- 14 respondents