Research Report: Talent Management & Organisational Productivity

This research project investigates the impact of talent management on the organisational productivity of Iceland. The report employs both primary and secondary research methods, including questionnaires and frequency distribution analysis to gather and analyze data. The study explores key aspects such as cost, access to information, and ethical considerations in research. The data analysis includes frequency distribution tables and interpretations of findings related to gender, age, knowledge of talent management, satisfaction levels, and the effectiveness of various talent management strategies. The research identifies the major steps essential for talent management, main talent management strategies used, and challenges faced by the human resources of Iceland. Furthermore, it highlights effective strategies for attracting and retaining talent, the relationship between talent management and organisational productivity, and offers recommendations for future research, ultimately concluding with insights on how talent management impacts Iceland's overall performance. The report demonstrates how outcomes meet research objectives and provides reflections and alternative research methodologies.

Research Project
(The impact of talent management on
organisational productivity of Iceland)
1

Contents
Primary and secondary research using appropriate methods for a business research project.....3
Chapter 2: Data collection and analysis...........................................................................................3
2.1 Data Collection......................................................................................................................3
2.2 Data Analysis.........................................................................................................................3
Merits, limitations and pitfalls of approaches to data collection and analysis..........................19
Research methodologies and processes in application to a business research project to justify
chosen research methods and analysis.......................................................................................21
Research outcomes in an appropriate manner for the intended audience..................................22
Communicate outcomes to the intended audience, demonstrating how outcomes meet set
research objectives.....................................................................................................................22
Reflection...................................................................................................................................23
Alternative research methodology.............................................................................................24
Recommendation action for future research considerations......................................................24
2.3 Conclusion and Recommendations......................................................................................25
REFERENCES..............................................................................................................................26
2

Primary and secondary research using appropriate methods for a business research project
Primary and secondary research is important for investigator in getting of valid outcomes.
There are some useful methods that will be beneficial in carrying out both types of investigation
i.e. primary and secondary. Some methods will be described as below:
Cost: This is useful for investigator to use effective sources of finance for executing both
types of investigation. For completing both types of investigation, there will be requirement of
following around £1100 amount of cost. This will be essential and important for investigator in
accomplishment of objectives of the project successfully.
Access: In this method, researcher must have full accesses to collect primary and
secondary information. In case of primary research, investigator should have accesses to gather
information from the managers of Iceland (Aggarwal, Dhaliwal and Nobi, 2018). In case of
secondary research, investigator should have proper access to use books, articles, journals and
many other secondary sources. Therefore, it will be essential and significant for researcher in
attainment of valid outcomes that turn to impact in completion of full project successfully.
Ethical issues: This is also significant for researcher to follow research ethics principles
while carrying out primary as well as secondary research. There are some useful principles
including obtain informed consent from selected research participants, avoid using misleading
practices, reduce the risk of harm to respondents etc. These are main and useful principles that
should be following within a study as it facilitates them in achievement of project objectives
effectively.
Chapter 2: Data collection and analysis
2.1 Data Collection
Data collection introduces to the process of collecting information about the topic.
Questionnaire is used for collecting quantitative data regarding the current topic (Garmendia
Ochoantesana, 2019).
2.2 Data Analysis
Analytical tool is the technique that will be useful for investigation in analysing of
appropriate data gathered from research instrument. Questionnaire is a research instrument that
helped investigation by providing quantitative type of data. In order to evaluate such type of
information, frequency distribution analysis is a suitable technique. In this technique, frequency
3

distribution table will be made by researcher for analysing quantitative information within
minimum time period (Behera and et. al., 2020). Frequency distribution table according to the
existing topic will be shown as below:
Frequency distribution analysis
Q1 Please indicate your gender Frequency
a) Male 10
b) Female 5
c) Other 2
d) Prefer not to say 3
Q2 Please indicate your age Frequency
a) 17-32 years 15
b) 35-40 Years 3
c) 45+ years 1
d) Prefer not to say 1
Q3 Do you have knowledge about the talent management within workplace
of Iceland Food Limited?
Frequency
a) Yes 20
b) No 0
Q4 Are you satisfied that talent management plays an important role at
workplace of Iceland Food Limited?
Frequency
a) Strongly Agree 10
b) Agree 5
c) Natural 2
d) Disagree 1
e) Strongly Disagree 1
Q5 According to you, what are the major steps that will be essential for your
organisation in management of talent?
Frequency
a) Planning 5
b) Attracting 5
c) Developing 5
d) Retaining 5
4

Q6 In your opinion, what is the main talent management strategy used by
your organisation in the workplace?
Frequency
a) Detailed description of job 6
b) Person-organisation fit 7
c) Collaborate coach evolve 7
Q7 How much you agree with the impact of talent management on
productivity of Iceland?
Frequency
a) Strongly Agree 10
b) Agree 7
c) Natural 2
d) Disagree 1
Q8 What are the effective strategies of attracting and retaining talent a
workplace of Iceland Feed Limited?
Frequency
a) Give on-going education and clear paths to advancements 7
b) Offer the right benefits 5
c) Providence of opportunities for continuous development 8
Q9 How you agree with the effectiveness of Offering right benefits to
employees?
Frequency
a) Strongly Agree 9
b) Agree 7
c) Natural 2
d) Disagree 1
e) Strongly Disagree 1
Q10 Relationship of talent management with organisational productivity is
important for Iceland Food Limited?
Frequency
a) Strongly Agree 8
b) Agree 5
c) Natural 3
d) Disagree 2
e) Strongly Disagree 2
5

Q11 As per your view, what are the biggest challenges or challenges for
human resource of Iceland Food Limited?
Frequency
a) Lack of leadership 8
b) Unappealing company culture 5
c) Increased employees turnover 7
Q12 What are the strategies that would be beneficial for Iceland Food
Limited in overcoming of challenges associated with the talent
management?
Frequency
a) Adoption of leadership styles 8
b) Implementation of friendly company culture 5
c) Attract and retain talented employees 7
Q13 Why it is important for Iceland Food Limited to manage talent within a
workplace?
Frequency
a) Increased productivity 6
b) Improved business performance 5
c) Retain top talent 9
Figure 1: Gender
Q1 Please indicate your gender Frequency
a) Male 10
b) Female 5
c) Other 2
d) Prefer not to say 3
6

Interpretation: From the above mentioned grapgh or table, it has been interpreted that
10 are male, 5 are female, 2 are others and 3respondents are not prefer to say about the same. It
shows that there are majority of males than females that took part within the research being more
than half of all the participants.
Figure 2: Age
Q2 Please indicate your age Frequency
a) 17-32 years 15
b) 35-40 Years 3
c) 45+ years 1
d) Prefer not to say 1
7

Interpretation: From the above mentioned graph shown that the majority of the
participants were between 17-32 years which was 15, followed by the 35-40 years and the least
respondents is 3 respondents. The data shows that 17-32 years had the most participants which
was more than a third of the respondents selected.
Figure 3: Knowledge about the talent management within workplace of Iceland Food Limited
Q3 Do you have knowledge about the talent management within workplace
of Iceland Food Limited?
Frequency
a) Yes 20
b) No 0
8

Interpretation: It has been determined from the above mentioned graph that 20 out of 20
respondents had idea about the talent management importance in the workplace. They had
knowledge as talent management helped business organisation in retaining of finest talent that
turn to impact in improvement of business performance.
Figure 4: Satisfaction level towards talent management
Q4 Are you satisfied that talent management plays an important role at
workplace of Iceland Food Limited?
Frequency
a) Strongly Agree 10
b) Agree 5
c) Natural 2
d) Disagree 1
e) Strongly Disagree 1
9

Interpretation: From the above mentioned information, it has been interpreted that there
are different roles of talent management in the working environment of Iceland Food limited. 10
are strongly agreed about building of company’s reputation is a main role because talented
employees played their roles in effective manner. 5 respondents are agreed because had
knowledge as eefficient and effective performance is main role as talented workers do all
activities within allotted time period. 2 participants are neutral and had idea as it talent
management allows an organisation to stay competitors because talented employees works
towards achievement of competitive advantages. 1 participant is disagreed and remaining 1 is
strongly disagreed because they didn’t have any idea about the same.
Figure 5: Major steps that will be essential for your organisation in management of talent
Q5 According to you, what are the major steps that will be essential for your
organisation in management of talent?
Frequency
a) Planning 5
b) Attracting 5
c) Developing 5
d) Retaining 5
10

Interpretation: From the above mentioned information, it has been interpreted that there
are different steps that helped Iceland Food Limited in management of talent. In this statement,
there are different steps and for this employees had to provide equal ratio. These steps are
planning, attracting, developing and retaining. All these are effective in management of talent
within a workplace.
Figure 6: Main talent management strategy used by your organisation in the workplace
Q6 In your opinion, what is the main talent management strategy used by
your organisation in the workplace?
Frequency
a) Detailed description of job 6
b) Person-organisation fit 7
c) Collaborate coach evolve 7
11

Interpretation: There are various talent management strategies that are effective in
management of talent. 6 managers had idea a detailed job description of employees is a main
strategy because it not increase conflict among them. 7 respondents had knowledge as person-
organisation fit is main strategy because it increases strong relationship between company and its
employees. Remaining 7 participants had knowledge as collaborate coach evolve is essential
strategy because it help company in increasing of their employees knowledge about the business.
Figure 7: Impact of talent management on productivity of Iceland
Q7 How much you agree with the impact of talent management on
productivity of Iceland?
Frequency
a) Strongly Agree 10
b) Agree 7
c) Natural 2
d) Disagree 1
12