D0491 - Managing Successful Business Project - Management Assignment Help

Assignment Task

LO1 Establish project aims, objectives and timeframes based on the chosen theme.

LO2 Conduct small-scale research, information gathering and data collection to generate knowledge to support the project.

LO3 Present the project and communicate appropriate recommendations based on meaningful conclusions drawn from the evidence findings and/or analysis.

LO4 Reflect on the value gained from conducting the project and its usefulness to support sustainable organisational performance.

Talent management (TM) is the process by which businesses and organisations recognise and develop talented people who can have a positive impact on their organisations and their productivity. It not only has become a key component of human resource management but also the responsibility of leaders and managers at all levels to manage talent within the business, with TM strategies being developed in line with the particular needs and structure of the business and industry.

Themes of TM relevant to businesses when considering a strategic approach to talent management include the following:

• the role of line managers and leaders in employee development and well-being;
• talent management being used as a lever for culture change;
• the importance of contextualising approaches to talent management;
• the need for new and innovative ways of working to achieve a strategic approach to talent management;
• barriers for the development of a strategic approach caused by economic and day -to-day operational pressures.

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