Research Project: Effective Talent Management at Travelodge

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Added on  2023/01/17

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This report presents a research project focused on talent management strategies within Travelodge. The introduction highlights talent management as a crucial process for employee recruitment, development, and retention to achieve organizational goals. The research objectives include evaluating the influence of talent management strategies, determining strategies to enhance employee productivity, and identifying challenges faced by Travelodge in managing talent. The project management plan outlines the scope, risks, time frame, cost, quality, and resources required. The work breakdown structure and Gantt chart are used to visualize project activities. The research methodology involves a study site at Travelodge, a sample size of 40 respondents, and a structured questionnaire. The results section analyzes data, revealing that the majority of respondents are knowledgeable about talent management and its benefits. The conclusion summarizes the importance of talent management for business success, emphasizing training, development, rewards, and a flexible working environment. The recommendations suggest communicating with employees to assess performance, using appropriate selection processes, and implementing training programs to enhance motivation and customer service. The report concludes with a list of references.
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RESEARCH PROJECT
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TABLE OF CONTENT
Introduction
Objectives of Research
Project Management Plan
Work Breakdown Structure
Methods of material resourcing
Questionnaire
Results
Conclusion
Recommendation
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INTRODUCTION
Talent management consider as a systematic process that help in
determining the vacant position, hiring best and suitable candidates,
developing their skills and expertise in order to effectively match the
position. This will help in retaining employees to attaining all the long
term goals and objectives.
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OBJECTIVES OF THE RESEARCH
To determine effective talent management strategies for maintaining efficiency
of overall travel and tourism organization.” A study on Travelodge.
RESEARCH OBJECTIVES
To evaluate the influence of effective talent management strategies within
the company.
To determine the appropriate talent management strategies for enhancing
employees productivity.
To identify the challenges which faced by Travelodge while managing talent
within their functional activities.
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PROJECT MANAGEMENT PLAN
PMP is consider as an effective representation that utilized to provide guide to
project manager in executing as well as controlling entire activities. Mainly, it
also define a comprehensive baseline that includes how project activities can
be done, who will be includes, what time it take, what resources will be
required and many more.
Scope: The overall scope of this project is wider as it provide vast information
to the project manager towards the talent management and its effectiveness for
organizational efficiency level. By this, Travelodge can easily improve their
skilled and talented workforce.
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CONTINUED..
Risk: In context of company, major risk that faced by firm is lack of
collaboration among workers, lack of communication that put negative
impact on the efficiency level of organization. Whereas, project manager
face issue related to allocating the required resources among the team
members.
Time: In PMP, it is crucial for researcher to clearly define the time scale
in which project activities will be conducted. Through this, project
manager complete the project and at the same time also improve its
efficiency level. For completing project activities, manager required
around one month.
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CONTINUED..
Cost: It is crucial element in which investigator needs to maintain its overall
quality and cost as well to successfully done the whole project. For undertaking
this project, manager required approx £ 3000.
Quality: It is significant aspect of project management in which research worker
is responsible for undertaking entire activities in reliable and authentic way. By
this, investigator make understandable figures that support in attaining positive
and reliable outcomes.
Resources: This factor of PMP is crucial as it assist in completing the research in
more successful manner. For undertaking project activities, it is important for
manager to manage proper resources like advanced technology, human resource,
finance, technical knowledge, internet connection etc.
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WORK BREAKDOWN STRUCTURE
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GANTT CHART
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CONTINUE
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CONTINUED..
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METHODS OF MATERIAL RESOURCING
Study site: Research was conducted on the staff members of Travelodge,
so as to analyze effective talent management strategies in order to maintain
efficiency.
Sample size: 40 respondents was considered for the conduction of this
research including (employees, managers, HR, accountants etc.,)
Data collection: Pattern of structured questionnaire was being followed for
gathering information and data. Moreover, qualitative method was used so
as to evaluate data in more organized manner.
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