Business Project: Talent Management Strategies at Starbucks Report

This report investigates talent management strategies employed by businesses to attract and retain top talent, using Starbucks as a case study. The research aims to evaluate various talent management strategies and their impact on employee attraction and retention. The study explores the concept of talent management, identifies key strategies such as rewards and benefits, training and development, and performance appraisals, and addresses the challenges faced by organizations like Starbucks. The methodology involves a quantitative research approach, gathering data on employee perceptions of talent management practices. Findings highlight the importance of talent management for achieving competitive advantage and organizational success. The report concludes with recommendations for businesses, emphasizing the need for effective training programs and strategic talent management initiatives. The study emphasizes the importance of talent management in driving business growth and development, emphasizing the use of strategies like rewards, training, and performance appraisals. It also recommends that businesses implement suitable strategies for growth and success.

Managing Successful Business Project
Talent Management

Table of Content
• Title of the Research
• Introduction
• Research Aim, Objectives and Questions
• Research Methodology
• Outcome to Stakeholder
• Conclusion
• Recommendation
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Title of the study
Talent management strategies that are used by business to attract and retain
talent within the organisation.

Introduction
The study aim to evaluating, different talent management strategies that are implemented by
the businesses to attracting and retaining employees at workplace. Therefore, managing
talent is an important aspect which is widely being considered by the businesses to attain
growth and development. Managing talent is the key obligations of the businesses in the
manner to driving growth and success. However, in this present analysis study has based
over Starbucks, thus it is an American multinational chain of coffeehouse and roaster
reserves and the head quarter of the business is in Seattle, Washington, United States.

Aim of the Research
The key aim of the research is “To investigate different talent management strategies used by
organisations to attract and retain best talent within business. A study on Starbucks”.
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Objectives of the Research
The suitable investigation approaches that are connected with the aim of the study are
defined as under:
To study the concept of talent management in the context to business.
To identify different talent management strategies implemented by the business.
To determine the challenges faced by Starbucks and its management in attracting and
retaining talent at workplace.

Research Questions
The effective questions that are suitable for the analysis are associated as under:
 What is the concept of talent management in the context to business?
 What are the different talent management strategies implemented by the business?
 What challenges are mainly faced by Starbucks and its management in attracting and
retaining talent at workplace?
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Research Methodology
Research methodology is imperative in providing suitable assistance to aid the study in right
manner. Therefore, for the execution of the present study, based on the aspect of investigate
different talent management strategies used by organisations to attract and retain best talent
within business, analysis has been based over quantitative research where information
accumulation is based over quantitative, mathematical and statistical aspects.
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Outcome to the stakeholders
It has been found from the study that that talent management is a crucial concept for
organisations. They need to emphasize on managing effective talent at workplace as this
will help in attaining competitive advantage, improving productivity and various other
benefits. In addition to this, if the company has highly skilled and talented employees,
then it will be able to perform its business operations effectively and accomplish
predetermined goals.
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Theme 1) Individual have an appropriate understanding in
relation to the aspect of talent management.
Q1) Do you have an appropriate
understanding in relation to the
aspect of talent management?
Freq
uenc
y
a) Yes 29
b) No 1

Theme 2) Talent management create value for the business in
attracting and retaining people for longer operations of the
business.
Q2) According to you, is talent
management create value for
the business in attracting and
retaining people for longer
operations of the business?
Freq
uenc
y
a) Yes 27
b) No 3

Theme 5) In different manner talent management strategies
influencing the operational ability of a Starbucks.
Q5) According to you, in what
manner talent management
strategies influencing the
operational ability of a
Starbucks?
Freq
uenc
y
a) Positive 26
b) Negative 2
c) Neutral 2