Analyzing Talent Strategies: Boots Plc Case Study - Unit 6 Project

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Added on  2023/06/18

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This project report delves into the talent management strategies employed by Boots Plc to attract and retain employees. It includes a project plan outlining the research scope, milestones, cost, timescale, communication, quality management, resources, and risk assessment. The research employs quantitative methods, utilizing questionnaires and secondary data sources to gather information. Findings are presented using graphs and charts, leading to recommendations for Boots Plc. The project also includes a logbook detailing progress, challenges, and learning experiences, along with a performance review evaluating the project's success and areas for improvement. The business case presentation summarizes the importance of talent management strategies for organizational success.
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Unit Number and Title Unit 6 Managing
Successful Business
Project Title
E- Portfolio: What
talent strategies do the
best companies use to
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Statement of Authenticity:
I certify that the work
submitted for this unit is
my own and the research
sources are fully
acknowledged.
Table of Contents
E – Portfolio: What talent strategies do the best companies use to attract
and retain people?
1 – Project planning p
2 – Project Logbook p
3 – Performance Review p
4 – Business Case Presentation p
References p
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E – Portfolio: What talent strategies do the best companies use to
attract and retain people?
1 – Project planning
Project management plan is useful for researcher to outline the plan using several
phases of project in an organised manner (Bobhate, 2020). Project planning support
researcher to identify the resources and activities so that objectives of conducting the
particular research is attained on set time.
Scope:
Scope within research is very important because it helps to examine the context of
conducting project. However, scope of this particular research is to understand the concept of
talent management in Boots Plc. It also helps in demonstrate various strategies which are
used by company to attract or retain workforce. This research could use the research
methodology and select the appropriate one to carry out research in appropriate manner so
that goals and objectives are attained on time.
Milestones:
Milestones refer to a set of findings that gives signal to achieve the particular aim and
objectives of conductive research. The milestone for this particular project are presented
below:
The milestones of this particular project are shown below:
Cost: Cost defines as the amount that is needed to carry out activities in appropriate
manner. To complete this research £250 is needed (Meyers, 2020). This involves company
analysis along with execution of project plan so that particular research aim and objectives
are attained. Within this amount researcher complete whole project in appropriate manner.
Time scale- To attain aim and objectives of research in systematic manner, time is
very crucial element. It is important to complete all activities on time. Therefore to complete
this research 18 weeks is needed in which proper analysis could performed so that overall
aim and objectives are attained.
Communication- It is a process of communicating the information that is useful to
communicate right information to correct representative. To complete this report researcher
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adopt e-mail because communication is done in written format so that every person get
correct data.
Quality management- To conduct research it is important to emphasis on quality
while gather data in quality. There are several quality practices which involves in research to
enjoy an effective outcome (Sivathanu and Pillai, 2019). These practices mainly primary and
secondary sources. Therefore, primary is great is quality because in this researcher approach
right representative in proper way. Secondary sources are also useful in quality perspective
because in this data are gathered from books, journals, articles etc. Hence, both these sources
helps in collect appropriate data so that objectives are attained.
Resources- Resources are expressed as a significant aspect to reach objectives. In this
current research several resources are included such as electronic resource, financial resource,
human resource etc. all these resources are needed to attain objectives in systematic manner
and also help in complete complex task in systematic manner. MS-Excel is also used within
this research to make graphs, tables so that overall research objectives is fulfilled.
Risk- There is some risk which are examined while collecting information from
participants or after gather information from participants. In this theft is to be considered as
risk because in this information that are gathered could be stolen. Another risk is
inappropriate manner applied within research project. This leads the collection of
inappropriate information due to which research cannot complete its findings properly.
Hence, researcher must emphasis on removing such issues by give proper time to plan
strategies so that data could be gathered in appropriate manner.
Initiation, planning and execution:
Project Planning
Planning is first step where researcher develops aims and objectives that helps in
outline the plan so that whole project is completed in an organised manner.
Aims
“To analyse the best talent management strategies used by giant company to keep or
attract workforce at workplace.” A case study on Boots Plc
Objectives
To explore the importance of applying talent management strategies within Boots Plc
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To analyse various strategies of talent management used by Giant organisation at
workplace
To examine several challenges faced by Boots Plc while implementing talent
management strategies
Research questions
What are the importance of applying talent management strategies within Boots Plc?
Explain various strategies of talent management used by Giant organisation at
workplace?
What challenge are faced by Boots Plc while implementing talent management
strategies?
Conduct research
After prepares the aims and objectives, researcher emphasis on chose the best method
so that authentic and reliable information would be collected (Dorasamy, 2021). To complete
this project, researcher use quantitative research because it provide data into numerical
manner that is easily stored and understand by other members who are involves within this
research. To collect information, researcher adopts the use of primary sources by taking
questionnaire into consideration. Therefore, they also use secondary source of information by
using books, journals, articles etc. to collect or gathered reliable and valuable information.
Findings
In this step researcher make graph using questionnaire data that is collected from
selected representative. These findings are crucial to collect effective information due to
which researcher easily develops recommendations for Boots Plc.
Gantt chart:
Gantt chart refer to a series of horizontal lines that reflects the amount of work
completed in a specific period of time in relation to amount of time planned to the activities.
Therefore, it is divided into two parts in first part activities are considered whereas in second
part time required to complete the project on time is expressed (Abdollahbeigi, 2021). There
are several benefits to use the Gantt chart, such as it support in track each and every activities
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with proper time so that particular research aim and objectives is attained. It also used to
monitor the progress of project by showing the relation of activities and time.
Work break Down Structure
This structure elaborates an understanding related to structure within systematic
manner. Work break down structure is used by researcher to divides the large activities into
smaller task so that overall objectives of particular research are attained on time. With the
help of WBS structure researcher complete each and every activity in set time frame. As this
structure believes that smaller task is easily and smoothly done.
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2 – Project Logbook
Project Logbook
Name:
Project title: “To analyse the best talent management strategies used by giant company
to keep or attract workforce at workplace.” A case study on Boots Plc
Date:
Update on period of development
Points to consider: What have you completed in this period? Did you complete the
work that you had planned? Are you on track and within deadlines set? Did you need to
make any changes to your project plan?
I have completed this study on the talent management strategies used by organisation to
attract or retain employees at workplace.
Yes, I have completed that work as per plan.
Yes, I am on track on deadline set
No need of any changes.
Risks and/or issues identified
Points to consider: Did you identify risks/issues related to a lack of knowledge or skill
required to undertake the work you had planned? Did you identify any additional
risks/issues that have an impact on your project plan?
No, I am involved in collecting data with the skills.
Yes, lack of time.
Problems encountered
Points to consider: What challenges did you face? How did you overcome them?
I have to face challenge in communicating with respondents.
Using my problem solving and various soft skills I have to overcome with this
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challenge.
New ideas and change of project direction
No changes were made in performing the particular project direction.
What have you learned about yourself through your work?
Points to consider: What are the most important things that your work has revealed to
you? How might this learning apply in the future? How did you feel when you had to
deal with challenges/problems? How well do you feel you have you performed? What
can you improve?
I have revealed that during this project my communication skills was developed.
This learning helps me in gaining more opportunities within personal and professional
field.
I feel nervous when to deal with challenges or problems.
I can be improved by solving it using my team management and problem solving skills.
This helps in to stay calm in every situation.
Next steps for your work
Points to consider: What aspects of your work should you prioritise? Have you allowed
sufficient time for completion?
Activities related to data collection is considered as priority work.
Yes, by using WBS and Gantt chart
Project plan status to date
Points to consider: Do you feel you are on track to complete your work on time? If not,
how will you address this? Do you feel your work shows your achievement of the
Learning Outcomes? If not, what do you need to do?
Yes, I feel I am on track while completing the project on time.
Yes this work show high achievement in learning outcomes.
Tutor Feedback
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3 – Performance Review
Performance Review
What did you aim to achieve through your work?
By this work I want to achieve the aim “To analyse the best talent management
strategies used by giant company to keep or attract workforce at workplace.” A case
study on Boots Plc
Did your work succeed in achieving your aims? How do you know? Specifically,
please outline any evaluation and assessment undertaken.
Yes, my work helps me in succeeding the aims. By completing the project on set time
frame. It is evaluated by using frequency distribution analysis or reliability of finding.
What aspects of your development process do you think worked well and why?
Evaluate all aspects of the project (e.g. initial research, concept development,
development process, presentation, etc.) from a range of perspectives.
Primary data collection
Evaluate gathered data, Project management plan
What problems emerged during the project and how were they tackled? Was there
timely identification of issues and resolution during the project process?
Interacting with representatives.
The problems are recognised on time using the Gantt chart or WBS structure.
What did you learn from undertaking the project?
I have learned by this project that talent management strategies are very cruciual for
organisation to retain or attract employees.
What are the strengths and weaknesses of your process that you have identified?
Strength- Problem solving skills
Weaknesses – Interacting with respondents
4 – Business Case Presentation
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This company is work to generate more profits and revenues and for this it is crucial to retain
or attracts candidates by using talent management strategies. There are variety of strategies
which are developed by company to attract or keep the employees for longer time period.
This report helps in generating knowledge about the talent management strategies in Boots
Plc using project planning, conducting research, findings, recommendations so that valid and
reliable conclusion is drawn at end of particular research.
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Notes: Qualitative research: This includes a conduct of research on the basis of perception,
judgement or even from different meanings. This type of research generally deals in historical
or descriptive in nature.
Quantitative research:
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