Impact of Talent Management on The Ritz London's Performance

This report examines talent management practices at The Ritz London, a luxury hotel, focusing on the strategic process of selecting and developing employees to achieve organizational objectives. The research aims to understand talent management concepts, identify various approaches, and evaluate their impact on performance. The methodology includes quantitative research using questionnaires administered to managers to gather data on talent management strategies, data collection methods, and sampling techniques. The study explores the importance of talent management, particularly in the context of The Ritz London's operations, and investigates the positive and negative impacts of talent management on organizational performance. The research questions address the definition of talent management, various approaches, and their effects on the hotel's success.

RESEARCH PROJECT

Table of Contents
INTRODUCTION...........................................................................................................................1
Aim..............................................................................................................................................1
Objectives....................................................................................................................................1
Questions.....................................................................................................................................1
METHODOLOGY..........................................................................................................................2
Research methods........................................................................................................................2
Data collection............................................................................................................................2
Sampling ....................................................................................................................................2

TITLE: The importance of contextualising approaches to talent management.
INTRODUCTION
Talent management is explained as methodically defined, organised and the strategic
process of selecting right person onboard as well as assess them to develop capabilities to attain
organisational objectives. This consists determining the talent gaps and also vacant job positions
that help in hire suitable candidates which can able to perform effectively. The Ritz London is
prestigious hotel and symbol of the luxury and high society hotel. Talent management is
proactive approach for the long term perspective under which the talented people recruited not
for current positions but for the future perspective. It develops the impact on the organisational
performance because it company will not hire the talented and capable employees then they are
not able to perform in a better manner and this impacts on organisational productivity as well.
Aim
Aim of this research is “To examine approaches to talent management and its impact on
organisational performance.” A study on The Ritz London.
Objectives
 To understand concept of talent management.
 To determine the approaches of talent management and their importance.
 To identify the positive and negative impact of talent management on performance of
The Ritz London.
Questions
 What is talent management?
 What are the approaches of talent management and their importance?
 What is the positive and negative impact of talent management on performance of The
Ritz London?

METHODOLOGY
Research methods
Research methods are helpful in conducting the investigation in significant way. There
are two different research methods such as qualitative and quantitative method. In present
investigation, quantitative method will be used because this provides relevant information and
accurate outcomes.
Data collection
There are primary and secondary two different data collection methods which help in
give the better information. In performing research activities, primary method of data collection
that helps in give the fresh and accurate information. In conducting present investigation,
questionnaire will be used to collect data from primary sources.
Sampling
Random sampling method will be used to chose 40 respondents and these respondents are
managers because they have better understanding about the activities and working culture of an
organisation.
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