Highlights
Learning Outcomes
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 organizational performance.
Scenario and Activity
Introduction to the project:
The Pearson-set theme for use with Level 4 Unit 6: Managing a Successful Business Project is Talent Management and the Topic allocated for this project is: What talent strategies do your organization use to attract and retain people?
Talent management (TM) is the process by which businesses and organizations recognize and develop talented people who can have a positive impact on their organizations 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.
Staff retention, training and morale are key in any industry where talented motivated employees can help differentiate one organisation from another and influence business success. An increasing number of businesses are rethinking ways to get the most from their staff. Rising costs, recruitment difficulties, and changing employee attitudes mean that, for many employers, the traditional approaches to recruiting, training, and retaining staff are being revisited to harness and develop talent and ultimately drive competitive advantage.
You are employed as a research assistant within the professional development team of an organization [an organization of your choice – your own place of work if appropriate]. You have been asked to conduct a small-scale project, in the form of an investigative case study, into the Talent Management within the organization which is to be presented as a business case for management on how to improve talent retention through recommended initiatives.
The project will involve investigating how the organization implements talent management measures investigating good practices within other businesses and collating employee feedback. This will be presented to your management as a business case report with proposals to implement talent management practices, followed by a performance review in which you will need to reflect upon the project in relation to your own personal and professional development through this project.
Section 1 – Project planning
1. Set your project aims/ objectives in line with the research theme and the topic allocated.
2. Devise a project management plan to map out how you intend to meet the project objectives that cover aspects of cost, scope, time, quality, communication, risk, and resources.
3. What activities and tasks as defined in your project must be done in order to make the project a success? Note the milestones or major events or phases in your project. 4. Create a work breakdown structure and a Gantt chart to track the activities to be undertaken.
Section 2 – Conduct Quantitative/Qualitative research
1. Use appropriate research methodologies to collect data for the organization currently using to support talent management and what they feel could be done better to improve current practices. 2. Conduct secondary research of other organizations to see what type of talent management initiatives they are following.
2. Research the value and benefits of addressing talent management in terms of improving business performance
3. Focus on areas of good practice to build and support your research theme.
Section 3 – Present Findings
1. Collate your research and critically analyze your findings.
2. Produce and present the project including an evaluation of tools used to gather research and data to justify your recommendations for the best talent management practices.
3. Make a valid and meaningful conclusion that attempts to address the objectives of the research
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