Talent Management and Employee Retention: Marks & Spencer Case Study

This report investigates talent management strategies at Marks and Spencer, aiming to understand their significance in employee retention and growth. It identifies the importance of talent management for organizational development, analyzes the benefits of these strategies in attracting and retaining employees, and explores challenges faced due to inadequate talent management practices. The research employs a mixed-methods approach, incorporating literature review and data analysis from surveys to assess the impact of talent management on organizational productivity. Recommendations are provided for Marks and Spencer to enhance their talent management policies, focusing on strategic policy formulation and employee recognition. The report concludes that effective talent management is crucial for organizational development and improving employee productivity, while also addressing the challenges associated with poor talent management practices.

Unit 6 – Managing Successful
Business Project

Table of Content
 Research Topic
 Research Aim
 Research Objectives
 Research Questions
 Literature Review
 Research Methodology
 Data Analysis and Interpretation
 Recommendation
 Reflection
 Conclusion
 References

Research Topic
E- Portfolio: What talent strategies do the best companies use to attract and retain people?

Research Aim
“To study the significance of talent management strategies on the employee’s retention & growth”.
A case study of Marks and Spencer.

Research Objectives
 To identify the significance of talent management for the development of Marks and Spencer.
 To analyze key benefits of talent management strategies for attracting and retaining employees in the
organization.
 To indentify the issues that mainly experienced by the Marks and Spence due to lack of talent
management technologies.

Research Questions
 What is the significance of talent management for the development of Marks and Spencer.?
 What are key benefits of talent management strategies for attracting and retaining employees in the
organization ?
 Which are the issues that mainly experienced by the Marks and Spence due to lack of talent
management technologies ?

Literature Review
 Significance of Talent Management For The Development of Marks And Spencer.
According to the Ashley Brooks, ( 2019), determined talent management considered as an integral
part of the organization. HR professional is responsible to work on talent management so that
manager can conduct strategic hiring process and recruit top most talent for the organization. The
importance of talent management is increasing continuously because there is a huge demand of
talented employees at the marketplace.

Work breakdown structure

Gantt Chart

Research Methodology
-
It is analyzed that Research methodology is like a strategic framework that can aid to accomplish the
research process in an effective way. Methodology is containing as a blueprint that is utilized by the
researcher to complete the research appropriately. It is helpful to create, identify and execute the research
tasks property. Through research methodology, researcher can analyze & implement all the research
information and also maintained the validity & reliability of the research.

In which way, talent management affect the productivity of the
organisation?
29
1
Frequencies
A.
Positive
B.
Negative

In your opinion, what is the main benefit of talent management for organisation?
7
6
8
9
Frequencies
A. Better
Succession Planning
B. Strategic hiring
C. Performance
management