Professional Documents
Culture Documents
1.1 INTRODUCTION
TALENT MANAGEMENT
MEANING:
What are your organizations high level priorities or goals? List down the goals and
upcoming changes you need to initiate in the organization. Develop the job descriptions and
specifications for the role you want to acquire the talent for since it the first step towards the
process, it plays a crucial role in the success process.
1
2. Sourcing and attracting the talent:
First thing one must understand in talent acquisition is why would somebody with
high-level skills come to work for you? Employment branding is the concept that comes into
play at this moment’s best thing to do for employment branding is to be honest.
Searching for the people according to the requirement is the main activity in the step.
Look out for the platforms like linked in where you can search highly talented people.
Despite the explosion of social networking sites like linked in and twitters, is still lot
of different ways people find new positions.
This is the stage where you actually conduct interview tests and recruit the top
talent .conduct relevant interview tests to identify the best person and scoop them in.
4. Employee retention:
Now that you have recruited the best employees, you need to make strategies to retain
those employees. How do you retain them?
Almost 51% of the employers have problem with employee retention high salary
hikes and incentive are not only things you should do to retain your employees. You have to
create opportunities for growth and give them the room for creativity you can implement
these employee retention to retain your best employees.
5. Promotion:
Promote the people gradually to the new role .nobody wants to work at the same
designation for a long period of time .this way you are helping your employees grow in their
professional career .
6. Performance appraisal:
2
7. Succession planning:
3
TALENT MANAGEMENT STRATEGIES:
Performance planning and evaluation: an integrated HR approach means that are uniform and
standard procedure for employee performance evaluation and compensation, up and down the
organizations. Performance is linked to growth and the process adds value for employees to
evaluate their work on talent.
An ever increasing emphasis is being laid on identifying the top performing and talented
employees to think of way to develop nature and retain them. Further organization also like to
keep skill inventories for contingencies .as organizations realize the skills and abilities of
individual they can then more focused on devising means and strategies to attract develop and
retain these people.
Talent war:
Finding and retaining the best talent is the most difficult aspect of HR
management .HR survey consultancies are one in their view that organizations globally are
facing a dearth of talented employees and its often more difficult to retain them. Further
research has also shown that there is clear link between talent issues and overall productivity.
4
1.2 OBJECTIVE OF THE STUDY
5
1.3 NEED OF THE STUDY
The maintain aim of the study is to find out the employee talent employee and
management strategies at Adithya Spices private limited, focuses on finding out the
factors that helps to improve their talent management. Through this study the
researcher can able to guide the organization to know about how to maintain their
employee’s performance and also improve their performance in order to improve the
labour productivity.
6
1.4LIMITATION OF THE STUDY
o The Employee did not provide the adequate information for study.
o It was very difficult to collect the information from the Employee, because the
Employee was busy with their work schedule.
o The time of the study was very short period.
o The sample size of the study was 120 respondents
7
CHAPTER-II
Spices refer to the food additives that are primarily used for flavouring, colouring,
or preserving food items. They are usually manufactured by processing a wide range of
aromatic seeds, dried fruits or vegetables, roots, barks, etc. Spices offer exquisite aroma,
texture, and taste to food without adding any extra fat or calories. India currently represents
one of the largest producers of spices in the world. Some of the common spices that are
widely available in the country, include chili, turmeric, coriander, tamarind, cumin, mustard,
fenugreek, etc.
The increasing demand for innovative flavours, authentic cuisines, and ethnic tastes in
foods and snacks is augmenting the market for spices in India. Additionally, a significant
3growth in the food processing industry along with hectic work schedules and sedentary
lifestyles of the consumers are also propelling the demand for convenient food options. As a
result, the growing utilization of spices in processed and ready-to-eat food products is further
driving the market growth in the country. Apart from this, the expanding Horea sector in
India is also bolstering the market growth. Moreover, the increasing penetration of western
food trends is further catalysing the demand for a variety of newer spices. Additionally, the
Indian government has introduced stringent regulations to curb the adulteration of spices,
thereby inducing the production of safer product variants. Furthermore, the rising consumer
concerns towards the negative health impact of synthetic additives in spices are augmenting
the demand for natural and organic spices in the country.
The growing fondness towards enjoying various kinds of flavours in foods and snacks
is likely to prompt manufacturers to produce high-quality, appealing, and reliable products
that can maintain consistent standards globally. Spices can alter the taste of specific cuisines
and correlate with flavours of various regions. For instance, the Middle East and Southeast
Asia are likely to contribute to fusions, which is expected to gain presence in the market over
the forecast period.
8
Group provides an analysis of the key trends in each sub-segment of the India spices
market, along with forecasts at the country and regional level from 2022-2027. Our report has
categorized the market based on product type, application and form.
Pure Spices
Chilli
Turmeric
Coriander
Cumin
Pepper
Tamarind
Asafoetida
Bay Leaf
Clove
Cardamom
Cinnamon
Tulsi Leaf
Others
Blended Spices
Garam Masala
Non-Veg Masala
Kitchen King and Sabzi Masala
Chole and Channa Masala
Chat Masala
Sambhar and Rasham Masala
Paneer and Curry Masala
Pav Bhaji Masala
Others
9
Spices are seeds, dried fruits, roots, and barks used to give flavour, aroma, and colour to
food. Several spices from various origins and cuisines are available in various forms,
including ground, crushed, and whole. Each of these spices provides a unique flavour, aroma,
and taste to the food. Some of the commonly used spices are cinnamon, black pepper, cumin
seeds, nutmeg, cloves, chili powder, turmeric, ginger, and garlic.
Retail and e-commerce portals are among the sought-after destinations for the
distribution of spices. Retailers such as Walmart, Kroger’s, and Tesco are serving consumers
with self-label products to establish their presence in the market and sustain the competition.
However, retailers are also facilitating the availability of products with a higher affinity to
showcase their product content through transparent packaging and those with a higher shelf
life.
Besides the household consumption of spices, most of the fast-food chains such as
Domino’s, McDonald’s, and Starbucks are favourably inclined towards the use of chili flakes,
black pepper, dried ginger powders, and parsley to enhance the flavour in any product. Apart
from these chains, restaurants, bars, and resorts are also focusing on providing consumers a
taste of different culinary from selected regions, which is a part of diving into global trends.
The modern-day use of spices is limited to taste and flavour, but they are extensively used for
their health benefits. Many of these act as an antioxidant and thus are used to treat certain
health conditions. Spice companies have also started new advertising campaigns to encourage
consumers to try recipes at home. Manufacturers like McCormick and Kerry are widely
campaigning on social media platforms such as Pinterest, Facebook, and Twitter to create
awareness regarding the use of various spices.
10
Product Insight
Pepper accounted for more than 15.0% share of the global revenue in 2019. Pepper is an
aromatic spice derived from the fruit peppercorn and has been used for centuries. It includes
black pepper, green pepper, and white pepper, available in whole or ground form. Black
pepper is the primarily used form of pepper worldwide and is also commonly known as the
king of spices. Its medicinal benefits, such as pain reduction and antioxidant properties, are
increasing its usage. However, with supply shortages, the price of pepper is shooting up in
many markets
and widening the supply-demand gap. This is creating tension in the domestic and export
markets, negatively affecting the segment growth.
Turmeric is expected to register the fastest 7.1% from 2020 to 2027. Turmeric is relatively
new in American cuisine but has been used in Asia and the Middle East for thousands of
years. It is more accessible in a ground, bright orange powder form, and can be found in any
spice aisle. It is a versatile powder that can be added to numerous dishes and has a range of
culinary purposes as it contributes to a peppery flavour, yellow colour, and mustard-like
scent. It complements both savoury and sweet dishes. However, its earthy taste makes it go
well along with more savoury, spice-based recipes. Turmeric is an essential ingredient in
classic dishes, like kedgeree and coronation chicken.
11
Aditya Spices Private Limited's Annual General Meeting (AGM) was last held on 29
September 2017 and as per records from Ministry of Corporate Affairs (MCA), its balance
sheet was last filed on 31 March 2017.
Company Details
CIN U15495TZ1995PTC005812
ROC ROC-Coimbatore
ADDRESS:
CHAPTER - III
RESEARCH METHODOLOGY
A sample plan is a definite plan for obtaining a sample from a given population. It
refers to the technique or the procedure the researcher would adopt in selecting items for the
sample.
After deciding the research approach and instrument, the next stage is to design a
sampling plan. The selected respondents from the total population constitute what is
technically called a “Sample” and the selection process is called “Sampling technique”. The
sampling plan calls for the following decisions such as
Sampling Unit
Sample Size
Sampling Technique
15
SAMPLING UNIT
Those who are all the respondent of the study is called sampling unit. The sampling
unit for this study is 120.
SAMPLE SIZE
The sample size for this research is about 120 respondents they were analysed
individually and concluded for the result.
SAMPLING TECHNIQUE
In this study the population is finite probabilistic simple random sampling technique
was used for collecting the data.
The task of collecting data begins after a research problem has been defined and plan
is chalked out for this study data is collected from primary and secondary sources.
PRIMARY DATA
Primary data are those, which are collected a fresh and for the first time and thus
happen to be original in character. It is the backbone of any study.
Primary data was collected through a well-structured questionnaire from the employee
in Adhithya Spices Private Limited reference to erode.
SECONDARY DATA
Secondary data are those which have already been collected by someone else and
which have already been passed through the statistical process. Secondary data either is
published data or unpublished data.
Secondary data was collected from the company websites, text books, journals,
magazines and internet sources.
16
3.4 DATA ANALYSIS
The data collected from the primary source were arranged sequentially and tabulated
in the systematic order in the master table.
Data collected through questionnaire. For analysis and interpretation of the data
simple statistical tools like Percentage Analysis, Weighted Average Ranking Method and Chi-
Square Analysis was used.
Percentage Analysis
Chi-square Analysis
Weighted Average Ranking Method
3.4.1 Percentage Analysis
The Statistical tool used in this study is Percentage Analysis. This is the simplest way
to analyses different types of data. In this method we found out the percentage rate of
each data with respect to total. Using this percentage rating we analyses data.
No of Respondents
Percentage of Respondents = --------------------------- * 100
Total Respondents
The Chi-Square test is an important test amongst the several tests of significant'. Chi-
2
Square, symbolically written as χ , is a statistical measure used in the context of sampling
analysis for comparing a variance to a theoretical variance.
It can also be used to make comparisons between theoretical populations and actual
data when categories are used. Thus, the chi-square test is applicable in large number of
problems.
17
The tests is in fact, a technique through the use of which it is possible for all
researchers to
(i) Test the goodness of fit
(ii) Test the significant of association between two attributes, and
(iii) Test the homogeneity or the significance of population variance.
(Oij −Eij )2
∑ E
χ2 = ij
Where
O I j = Observed frequency of the cell in ith row and j th column.
E I j = Expected frequency of the cell in I row and jth column.
Weighted average ranking method is used to find out the most significant factor
which influences the respondent. As per this method, respondents have been asked to
assign the rank for all factors and the outcome of such ranking have been converted into
score value with the help of the following formula,
Where
Weights are applied in reverse. In other words, the respondent’s most preferred choice
has the largest weight and their least preferred choice has the smallest weight. We apply
weights in this way to ensure that which answer choice is most preferred. The factors having
highest mean value is considered to be the most important factor.
18
CHAPTER-IV
DATA ANALYSIS
Data analysis is a process of inspecting, cleaning, transforming, and
modelling data with the goal of discovering useful information, informing conclusions,
and supporting decision-making.[1] Data analysis has multiple facets and
approaches, encompassing diverse techniques under a variety of names, and is
used in different business, science, and social science domains.
INTERPRETATION
Data interpretation refers to the process of using diverse analytical
methods to review data and arrive at relevant conclusions. The interpretation of data
helps researchers to categorize, manipulate, and summarize the information.
19
AGE
1 18 - 25 years 52 43
2 26-35 years 30 25
3 36-50 years 25 21
4 Above 50 years 13 13
Total 120 102
INTERPRETATION
The above table shows that, 43% of the respondents are Age group between 18-25
years, 25% of the respondents are Age group between 26-35 years, 21% of the respondents
are Age group between 36-50 years, and remaining 11% of the respondents are Age group
between Above 50 years.
It is Majority 43% of the respondents are Age group between 18-25 years.
20
CHART NO - 4.1
AGE
140
120
120
100
100
80
Percentage
60 52
43
40
30
25 25
21
20
13 11
0
18-25 26-35 36-50 ABOVE 50YEAR TOTAL
AGE
21
TABLE NO – 4.2
GENDER
INTERPRETATION
The above table shows that, 80% of the respondents are male and remaining 20% of
the respondents are female respondents.
CHART NO - 4.2
GENDER
250
200
100
150
Percentage
80
100
100%
50 80%
20
20%
0
MALE FEMALE TOTAL
Gender
23
TABLE NO -4.3
Category of Employee
1 Workman 27 43
2 Supervisor 43 36
3 Quality control 34 28
4 Manager 16 13
Total 120 120
INTERPRETATION
The above table shows that, 36% of the respondents are using Workman, 43% of the
respondents are using Supervisor, 28% of the respondents are using Quality control and
remaining13% of the respondents are using Manager respondents are using Individual.
CHART NO-4.3
Category of Employee
Percentage
50
45 43
40
35 34
30 27
Percentage
25
20
16
15
10
5
0
Workman Supervisor Quality control Manager
Category
25
TABLE NO -4.4
Educational Qualification
1 School 30 25
2 Graduate 20 17
3 Professional 25 21
4 Diploma/Others 45 38
Total 120 101
INTERPRETATION
The above table shows that, 25% of the respondents are School qualification, 17% of
the respondents are qualified in Graduate, 21% of the respondents are Professional
qualification, and remaining 38% of the respondents are qualified in Diploma /Others.
CHART NO -4.4
Educational Qualification
Percentage
25
38 School
Graduate
Professional
Diploma/Othrs
17
21
27
TABLE NO -4.6
MARITAL STATUS
INTERPRETATION
The above table shows that 67% of the respondents are coming under married
category.37% of the respondents are coming under unmarried category.
It is observed that the majority 67% of the respondents are coming under married
category.
28
CHART NO - 4.6
MARITAL STATUS
80
70 67
60
50
percentage
40
33
30
20
10
0
Married Unmarried
Marital status
29
TABLE NO -4.7
Monthly Income
INTERPRETATION
The above table shows that, 33% of the respondents having the monthly income of
the Below Rs.10000, 44% of the respondents are Rs.10001 to Rs.15000, 15% of the
respondents are having Rs.15001 to Rs. 20000 of the monthly income, 8% of the
respondents are having above Rs.20000 of the monthly income.
It is identify that that majority 44%of the respondents monthly income Rs.10001 to Rs.15000.
30
CHART NO - 4.7
Monthly Income
Percentage
15 8
33
44
TABLE NO -4.8
WORK EXPERIENCE
INTERPRETATION
The above table shows that, 34% of the respondents are between Less than 5 years
of experiences, 26% of the respondents are 5 years to 10 years of experience, 21% of the
respondents are 10 years to15 years of experience, and remaining 19% of the respondents
are above 15 years of experience.
It is Majority 34% of the respondents are between less than 5 years of experience.
32
CHART NO - 4.8
WORK EXPERIENCE
Percentage
40
35 34
30
26
25
Percentage
21
20 19
15
10
0
Lss than 5 years 5 yeas to 10 years 11 years to 15 years above 15 years
Experience
Percentage
33
TABLE NO - 4.9
RESIDENTIAL AREA
1 Rural area 80 67
2 Urban area 40 33
INTERPRETATION
The above table shows that 67% of the respondents are rural areas, 33% of the
respondents are urban areas.
It is observed that the majority 67% of the respondents are rural areas.
34
CHART NO - 4.9
RESIDENTIAL AREA
Percentage
80
70 67
60
50
Percentage
40
33
30
20
10
0
Rural urban
Residential
Percentage
35
TABLE NO - 4.10
NATURE OF FAMILY
INTERPRETATION
The above table shows that, 58% of the respondents are between joint families 32%
of the respondents are nuclear families.
CHART NO – 4.10
NATURE OF FAMILY
70
60 58
50
40
Percentage
32
30
20
10
0
Joint family uclear Family
Family
Percentage
37
TABLE NO – 4.11
ALIGNS EMPLOYEES WITH THE MISSION AND VISION OF THE
ORGANIZATION
1 Strongly disagree 22 18
2 Disagree 54 45
3 Neutral 14 12
4 Agree 17 14
5 Strongly Agree 13 11
Total 120 100
INTERPRETATION
The above table shows 18% of the respondents are said strongly disagree,45% of the
respondents are said disagree,12% of the respondents are said neutral,14% of the
respondents are said agree and 11% of the respondents are said to strongly agree.
It is identified that the majority 45% of the respondents are said disagree with the
aligns employees with the mission and vision of the organization.
38
CHART NO -4.11
Percentage
50
45
45
40
35
30
percentage
25
20 18
15 14
12 11
10
5
0
Strongly disagree disagree Neutral agree Strongly agree
Mission and Vision
39
TABLE NO -4.12
INTERPRETATION
The above table shows 13% of the respondents are said strongly disagree,9% of the
respondents are said disagree,12% of the respondents are said neutral,23% of the
respondents are said agree and 43% of the respondents are said to strongly agree.
It is observed that the majority 42% of the respondents are said strongly agree with
the Builds a deep reservoir of successor at every level.
40
CHART NO -4.12
Percentage
50
45 43
40
35
30
25 23
20
15 13 12
10 9
5
0
Strongly disagree Disagree Neutral Agree Disagree
Levels
41
TABLE NO -4.13
1 Strongly disagree 15 13
2 Disagree 13 10
3 Neutral 24 20
4 Agree 27 23
5 Strongly agree 41 34
Total 120 100
INTERPRETATION
The above table shows 13% of the respondents are said strongly disagree,10%
of the respondents are said disagree,20% of the respondents are said neutral,23% of the
respondents are said agree and 34% of the respondents are said to strongly agree.
It is observed that the majority 34% of the respondents are said strongly
agree with the Employee want to stay with the organization.
42
CHART NO -4.13
percentage
40
35 34
30
25 23
Percentage
20
20
15 13
10
10
0
Strongly disagree disagree Neutral Strongly agree Agree
Stay with organization
43
TABLE NO -4.14
ENCOURAGE CAREER GROWTH AND DEVELOPMENTAL
OPPORTUNITIES
INTERPRETATION
The above table shows 17% of the respondents are said strongly disagree,7% of the
respondents are said disagree,23% of the respondents are said neutral,13% of the
respondents are said agree and 40% of the respondents are said to strongly agree.
Finally concluded that the 40% of the respondents are said strongly agree with the
Employee want to stay with the organization.
44
CHART NO -4.14
ENCOURAGE CAREER GROWTH AND DEVELOPMENTAL
OPPORTUNITIES
45
40
40
35
30
Percentage
25 23
20
17
15 13
10
7
5
0
Strongly disagree Disagree neutral agree Strongly agree
Career Growth
45
TABLE NO -4.15
PLACES THE PEOPLE IN THE RIGHT JOBS
S. No Places the right in the right job No. of. Respondents Percentage
1 Strongly disagree 17 14
2 Disagree 12 10
3 Neutral 37 31
4 Agree 44 37
5 Strongly agree 15 13
Total 120 100
INTERPRETATION
The above table shows 14% of the respondents are said strongly disagree,10%
of the respondents are said disagree,31% of the respondents are said neutral,37% of the
respondents are said agree and 13% of the respondents are said to strongly agree.
Finally concluded that the 37% of the respondents are said agree with the
Employee want to stay with the organization.
46
CHART NO -4.15
Percentage
40
37
35
31
30
25
Percentage
20
15 14 13
10
10
0
Srongly disagree Disagree neutral strongly agree Agree
Right People in Right Place
47
PERCEPTION
LEVEL Very High High Moderate Low Very Low
Re
Per Res Per Res Per Res Per Res Per
s
Self confidence 44 37% 30 25% 24 20% 17 14% 5 4%
Learning capacity 35 29% 48 40% 19 16% 12 10% 6 5%
Performance 41 34% 45 38% 16 13% 14 12% 4 3%
Quality 56 47% 34 28% 12 10% 11 9% 7 6%
Reduction in wastage 40 33% 50 42% 10 8% 15 13% 5 4%
Accident Reduction 35 29% 51 43% 15 13% 13 11% 6 5%
Time management 40 33% 48 40% 12 10% 16 13% 4 3%
Stress management 40 33% 46 38% 13 11% 17 14% 4 3%
INTERPRETATION
The above table shows that 37% of the respondents are very high in Self confidence
40% of the respondents are very high in Learning capacity and Time management, 38% of
the respondents are high in Performance, 47% of the respondents are very high in Quality,
42% of the respondents are high in Reduction in wastage, 43% of the respondents are high in
Accident Reduction, and remaining 38% of the respondents are high in Stress management.
Maximum 47% of the respondents are very high in Quality.
48
CHART NO -4.26
50 47 46
45 42 43
40 40
40 37 38
35 34 33 33 33
30 29 28 29
25
25
20
Percentage
20 16
15 14 1312 13 13 13 14
10 10 9 11 10 11
10 8
5
0
ce ity ce ity e on t t
en ac an al ta
g ti en en
fid ap rm Qu as uc em em
on c w ed ag ag
lfc ng rfo in R an an
ni pe n nt
Se a r tio e m m
Le uc ci d m
e
re
ss
ed Ac Ti St
R
statistics
Very high High Moderate Low Low
49
Weighted
S. No. Factors Rank
Score
INTERPRETATION
It is found from the above table that major important factor that motivates towards
productivity as ‘Learning and Development’ which ranked first with the Weighted score of
645 point. It followed by the second and third ranks assigned to ‘Career pathways’ and
‘Performance management’ with the Weighted scores of 580 and 579 points respectively.
The fourth and fifth ranks assigned to ‘Role based capabilities’ and ‘Recruiting and
onboarding’ with the weighted scores of 542 and 467 points respectively.
50
RESULT
Calculated 2
Factor Table Value D.F Remarks
Value
INTERPRETATION
It is determined from the above analysis that the calculated chi-square value is greater
than the table value. So the Null hypothesis is rejected. Hence, there is a close significant
relationship between gender of the respondents and their opinion on company provides good
working conditions.
52
CHAPTER - V
5.1 FINDINGS
To study shows that 43%of the respondents are below 18-25 years of age category
It is majority 34%of the respondents are between less than 5 years of experience.
It is observed that the majority 67% of the respondents are rural areas.
53
It is observed that the majority 42% of the respondents are said strongly agree
with the Builds a deep reservoir of successor at every level.
It is observed that the majority 34% of the respondents are said strongly agree with
the Employee want to stay with the organization.
Finally concluded that the 40% of the respondents are said strongly agree with the
employee want to stay with the organization.
Finally concluded that the 37% of the respondents are said agree with the
employee want to stay with the organization.
5.2 SUGGESTIONS
The researcher after the study felt the need for giving suggestion.
The study also found that talent development has significant positive effect on
employee performance. Talent mentoring was found to have significant positive effect on
employee performance in Food industries. The study therefore concludes that talent
management has significant positive effect on employee performance in selected Food
industries
Food Organizations are expected to provide line managers with training, skills,
knowledge and encourage them to engage and conduct regular conversation with employees,
especially around their career aspirations and developmental needs so as to ensure the right
allocation of work assignments are assigned to the high potential employees to increase their
performance. Also, firms need to define processes, systems and procedures for effective talent
mentoring and further define the required competencies for the different job levels in order to
enhance performance.
56
BIBLIOGRAPHY
BOOKS
Pillai R.N.S. (2009), “Statistics - Theory and Practice”, Published by Sultan Chand&
Sons Company Limited, New Delhi, Seventh Edition.
57
WEBSITES
1. www.google.com
2. https://en.m.wikipedia.org
3. https://www.edapp.com
58
APPENTIX
1. Name :
2. Age
(a) 18 - 25 years (b) 26-35 years
3. Gender
(a) Male (b) Female
4. Category of Employee
(a) Workmen (b) Supervisor
5. Educational Qualification
(a) School (b) Graduate
6. Marital Status
(a) Married (b) Unmarried
7. Monthly Income
(a) Below Rs.10, 000 (b) Rs.10, 001 to Rs.15, 000
59
8. Work Experience
(a) Less than 5 years (b) 5 years to10 years
9. Residential Area
(a) Rural area (b) Urban area
Please put a tick mark () in the relevant boxes based on your opinion
SDA-Strongly Disagree
60
Please put a tick mark () in the relevant boxes based on your opinion
1 Self confidence
2 2 Learning capacity
3 3 Performance
4 Quality
5 Reduction in wastage
6 6 Accident Reduction
7 Time management
8 Stress management
61
2 Career Pathways
5 Performance Management
13.Please give your valuable suggestion for improving motivation towards in your
organization
……………………………………………………………………………………
62