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Assignment Brie — BTEC (RQF) Higher National Diploma r ,n

Student Name & ID

Programme Title and Pearson BTEC HNC Level 4 Business

Unit Number and Unit 6: Managing a Successful Business

Academic 2021/

Unit 1

Unit Ripan

Assignment What talent strategies do the best companies use to attract and
retain people?

Issue 25/01/20
29/03/20
Submission Date
Late submission 05/04/2022
The learners are required to follow the strict deadline set by the
Centre for submissions of assignments in accordance with the BTEC
level 4 - 7 submission guidelines and Centre policy on submissions.
They should also refer to Merit and Distinction criteria that require
evidence of meeting agreed timelines and ability to plan and
organise time effectively without which the learner may not expect to
receive a higher grade.

Resubmission 19/04/20

Feed In-class feedback will be available from draft submissions on a

taskby-task basis as a formative feedback and also for initial
submission.
Final feedback will be available within 3-4 weeks of the assignment

General  The submission is in the form of a comparative

analysis and impact statement report.
 The work you submit must be in your own words.
If you use a quote or an illustration from somewhere you
must give the source.
© Include a list of references at the end of your
document. You must give all your sources of
information.

 Make sure your work is clearly presented and that you

IV Mrs Vera

Da 12/04/20

1
Student Information
Criteria covered by this assignment:
 All pass criteria
m All merit descriptors
o All distinction descriptors Edexcel Grading Criteria This assignment/portfolio will be

assessed according to the following grading criteria:

el To attain a 'PASS' grade, learners need to achieve all the 'PASS' criteria.

m To attain a 'MERIT' grade, learners need to achieve all the 'MERIT' criteria, along
with all the 'PASS' criteria.

® To attain a 'DISTINCTION' grade, learners need to achieve all the 'DISTINCTION'

criteria, along with all the 'MERIT' and PASS criteria.
Note:
A Pass is awarded for the achievement of all outcomes against the specified assessment criteria
based mostly on DESCRIPTIVE content. Merit and Distinction grades are awarded for higher-level
achievement which includes degrees of CRITICAL THINKING, ANALYSIS & EVALUATION — thes:
are higher level skills that you should work on over the period of your programme. If the report fail
to meet all Pass criteria, it will be refered. The second attempt will then be capped at a Pass, as pe
the Pearson Edexcel regulations.)

Plagiarism and collusion

 Any act of plagiarism and collusion will be seriously dealt with according to the
Centre's regulations. In this context the definition and scope of plagiarism are presented
below:

m Using the work of others without acknowledging the source of information or

inspiration. Eve if the words are changed or sentences are put in a different order, the result is
still plagiarisi (Corte!! 2003).

 Collusion is described as the submission of work produced as a result of the co

Ilaboratio between two or more parties. Additionally, collaboration entails the sharing of one
person' work with others who submit either all or part of their coursework as their own.

'who is a particular form of cheating. Plagiarism must be avoided at all costs and
students who break the rules, however innocently, may be penalised. It is your
responsibility to ensure that you understand correct referencing practices. As a Higher Education level
student, you are expected to use appropriate references throughout and keep carefully detailed notes
of all your sources of materials for material you have used in your work, including any material
downloaded

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Student Declaration

I certify that the assignment submission is entirely my own work and I fully understand the
consequences of plagiarism. I understand that making a false declaration is a form of malpractice.

Student name(s) and signature:

Date:

Aims and Objectives

The aim of this unit is to offer students an opportunity to demonstrate the skills required for managing
and implementing a project. It is to undertake independent research and investigation for carrying
out and executing a business project which meets appropriate business aims and objectives.
On successful completion of this unit students will have the confidence to engage in decision-making,
problem-solving and research activities using project management skills. They will have the
fundamental knowledge and skills to enable them to investigate and examine relevant business
concepts within a work-related context, determine appropriate outcomes, decisions or solutions and
present evidence to various stakeholders in an acceptable and understandable format.

Unit Learning Outcomes:

[01 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.
 Learning Outcomes and Assessment Criteria
N
Learning Pa Me Distincti
stablish P1 Devise project aims M1 Produce a LO1 & 2 Dl Critically
and objectives for a comprehensive project evaluate the project
aims,
chosen scenario. management plan, management process
and
P2 Produce a project milestone schedule and and appropriate management plan
based
that project schedule for covers aspects of cost, research monitoring and
scope, time, quality, completing the aims methodologies
communication, risk and and objectives of the resources.
project.
P3 Produce a work breakdown structure and a Gantt chart to provide timeframes

L02 Conduct small-scale P4 Carry out small-scale M2 Evaluate the accuracy and
research, information research by applying qualitative reliability of different research
gathering and data collection, and quantitative research methods applied.
generating knowledge to methods appropriate for meeting
support the project project aims and objectives.
As Above
L03 Present the P5 Analyse research M3 Evaluate the LO3 & 4
project and and data using selection of appropriate D2 Critically evaluate
communicate appropriate tools and tools and techniques for and reflect on the
appropriate techniques. P6 accuracy and project outcomes, the
recommendations Communicate authenticity to support decision-making
based on meaningful appropriate and justify process and changes or
conclusions drawn from recommendations as a recommendations. developments of the
the evidence findings result of research and initial project
and/or analysis data analysis to draw management plan to
valid and meaningful support justification of
conclusions. recommendations and
learning during the
LO4 Reflect on the value P7 Reflect on the value of M4 Evaluate the value of the
gained from conducting the undertaking the research to meet project management process
project and its usefulness to stated objectives and own and use of quality research to
support sustainable learning and performance meet stated objectives and
organisational performance support own learning and
performance.

As above

4
•,4 Submission
Format:

The submission is in the form of an e-portfolio which includes the following components:
(4000 words)
1. Project management plan including a work breakdown structure in the form a Gantt
chart
2. A completed project Logbook
3. An audio recording of a performance review
4. A business case presentation.
The business case presentation is in the form of a 10-minute individual PowerPoint presentation and
5 minutes allocated for questions. The presentation slides and speaker notes should be submitted in
the e-portfolio. You are required to make effective use of PowerPoint headings, bullet points and
subsections as appropriate. Your research should be referenced using the Harvard referencing
system. Please also provide a bibliography using the Harvard referencing system. The recommended
word limit is 1,000 to 1,500 words, including speaker notes, although you will not be •enalised for
exceeding the total word limit.
Assignment Brief and Guidance:

You are required to submit an e-portfolio on a comprehensive research on the following Topic: What
talent strategies do the best companies use to attract and retain people?

Scenario
You are employed as an assistant within the professional development team of an organisation of
your choice. You have been asked to conduct a small scale project, in the form of an investigative case
study, into what talent strategies best companies use to attract and retain their staff?

Staff retention, training and morale is 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.

Talent Management within the organisation which is to be presented as a business case for management
consideration on how to improve staff retention in the organisation. The project will involve investigating
how the organisation implements talent management. You are to investigate good practice within other
businesses and employee feedback to support your collate employee feedback to support your
recommendations. This will be presented to your line manager as a business case with proposals to
improve staff retention followed by a performance review in which you will need to reflect upon the
project in relation to your own personal and professional development.

Activity
In order to conduct your project successfully to produce your business case you will need take the
following steps:
Step -I — Project planning
1. Devise a project management plan to map out how you intend to meet the project
objectives:

Begin by defining talent management in the workplace

Describe the scope of your project. 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.

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 Learning Outcomes and Assessment
Criteria
Me Distinction
Learning Outcome
LO1 Establish
P1project M1 aims LO1 & 2 Dl Critically
Devise project
aims, objectives and Produce
and objectives for a a evaluate the project
timeframes based
chosenon comprehen
scenario. management process
the chosen theme
P2 Produce a sive project and appropriate
project
managementmanageme
plan that research methodologies
nt plan,
covers aspects of cost, applied.
milestone
scope, time, quality,
schedule
communication, risk and
resources. and project
schedule
P3 Produce a work
for
breakdown structure
and a Gantt monitoring
chart to and
completing
provide timeframes the aims
and objectives of the
LO2 P4 Carry project. As Above
Conduct out small-
small- scale
scale research
research, by applying
informati qualitative
on and M2
gathering quantitativ Evaluate
and data e research the
collection methods accuracy
, appropriate and
generatin for meeting reliability
g project of
knowledg aims and different
e to objectives. research
support methods
the applied.
project
L03 PresentLO4the support P5
project and Reflect sustaina Analyse
communicate on the ble research
appropriate value organisat and data
gained
recommendations ional using
from performa appropriat
based on meaningful
conductin nce e tools
conclusions drawn from
g the and
the evidence findings
project technique
and/or analysis
and its s. P6
usefulnes Communi
s to cate
appropria M3 EvaluateLO3the & 4 As above
te selection of appropriate
D2
recomme tools and techniques
Criticallyfor
ndations accuracy and evaluate
as a result authenticity and
to support
of and justify reflect
research recommendations.
on the
and data
project
analysis
outcome
to draw
s, the
valid and
decision
meaningf
-making
ul
M4 process
conclusio
Evaluate and
ns.
the value changes or
of the developme
P7 Reflect on the value nts of the
project
of undertaking the
manageme initial
nt process project
research to meet stated
objectives and
andown
use of manage
learning andquality ment
performanceresearch to plan to
meet stated support
objectives justificati
and on of
support recomme
ndations
own and
learning learning
and during
performanc the
e.

4
 Provide details of activities to be carried out initiation, planning and execution of the project.
oCreate a work break down structure using a Gantt chart to track the activities to be undertaken.

Step 2 — Conduct primary and secondary research

1. Devise a short questionnaire/ or interview questions to complete with employees within
the organisations. Include questions on:
how they define talent management
mwhat the organisation currently has in place to promote talent management
mwhat they feel could be done better to promote talent management
2.Research at least two other organisations to see what type of talent management initiatives
they have.
3.Research the value and benefits of addressing talent management in terms of improving
employee retention
4 Focus on areas of good practice to build and support your business case.
(attach any questionnaire you are using)

Step 3 — Present Findings

1.Collate your research and analyse your findings.
2. Produce and present the business case including an evaluation of tools used to gather
research and data to justify your recommendations for implementing talent management
initiative

Step 4 — Reflective Practice

1. Complete a performance review with your tine manager or course assessor to
critically reflect upon the project plan, process and outcomes in terms of your own personal
and professional development. Think about how well you have performed and achieved
your project objectives, what obstacles did you have to overcome? What worked well or not
well? What have you learnt from completing this project?

Supplementary Notes on Evidence Collection

Every week, during your research, you should record a logbook entry as your evidence: 1.You are
required to record your weekly activities and achievements using the

Project Logbook Template below

2.Present your Logbook to your tutor for supervision on a weekly basis

Project Logbook Template

Name Week Number Date

ProjectTitle:

Update on period of development Points to consider:

What have you completed in this period?

Did you complete the work that you had planned?
 Are you on track and within deadlines set?
Did you need to make any changes to your project plan?
\ny other comments:

Risks/issues identified:
;Points to consider:
Did you identify risks/ issues with a lack of skills required for undertaking research/tasks?
Did you identify any additional risks/issues that have an impact on the project
management plan?

Any other comments:

Problems encountered
Points to consider:

What challenges did you face?

How did you overcome them?

Any other comments:
4ew ideas and change of project direction

Points to consider:
In developing work, addressing risks/issues, has the direction of your work
changed?
How does your work justify the change of direction? Is this clear?
Do you feel this change of direction has enhanced your work? How?
Any other comments:

What have you learned about yourself this week?

Points to consider:
What are the most important things that your work has revealed to you? How might this
learning apply in the future?
How did you feel when you had to deal with challenges/problems?

How well do you feel you have you performed?

What can you improve?

Any other comments:

Tasks planned for next week

Points to consider:
Which tasks are priority?
Have you scheduled enough time for completion?
any other comments:
Project plan status to date
Points to consider:

Do you feel you are on track to complete your work on time? If not, how will you address this?

Do you feel your work shows your achievement of the Learning Outcomes? If not, what do
you need to do?
Any other comments:
 omments and signature of tutor:

Performance review
The following questions will help you review your performance:
What did you aim to achieve through your work?
Did your work succeed in achieving your aims? How do you know? Specifically, please outline
any evaluation and assessment undertaken.
What aspects of your development process do you think worked well and why? Evaluate all
aspects of the project (e.g. initial research, concept development, development process,
presentation, etc.) from a range of perspectives.
What problems emerged during the project and how were they tackled? Was there
timely identification of issues and resolution during the project process?
What did you learn from undertaking the project?
What are the strengths and weaknesses of your process that you have identified? How could
your process improve for the future

Guidance for students

You should read this information before starting on your project. You should refer to these
instructions as you complete work for this unit.

 Read the assignment brief and think about what it is asking.

 Familiarise yourself with the Learning Outcomes and Assessment Criteria. Discuss
these with your tutor and your fellow students.

 Research what the assignment brief is asking.

 How can you approach the problem, opportunity, hypothesis and requirements being
posed?

 Apply a range of secondary research sources to plan/scope and support the project and
its findings. Secondary research sources may include textbooks, journal articles, newspapers
and magazine articles (not factual accounts).

 Develop your project management plan based on the deliverables of the project, the
constraints of the project and the assumptions made. Use a Gantt chart to document your
stages and timelines.

 Conduct your project according to your stated project plan and meet with your tutor to
receive a sign-off at each stage of the project process.

Primary research sources may include original first-hand accounts, legal and historical documents,
results of experiments and market research data collection.

 Keep notes of your progress throughout the project in a logbook or a reflective journal,
as

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 identified by your Tutor. This is an important record of your work and must be used to
/record the development of your ideas and your progress through the project. This should include: o
A record of what you did, when and what you were thinking. o A record of where
things went wrong and what you did to overcome any unexpected results.
o Attend regular meetings with your tutor to discuss your progress.

You will be asked to reflect on the success of your project and your own performance in a
personal performance review at the end of the project.

Glossary:
Analyse: Break an issue or topic into smaller parts by looking in depth at each part. Support each
part with arguments and evidence for and against (Pros and cons).

Critically Evaluate/Analyse: When you critically evaluate you look at the arguments for and against
an issue. You look at the strengths and weaknesses of the arguments. This could be from an article
you read in a journal or from a textbook.

Discuss: When you discuss you look at both sides of a discussion. You look at both sides of the
arguments. Then you look at the reason why it is important (for) then you look at the reason why it
is important (against).

Explain: When you explain you must say why it is important or not important. Evaluate: When you

evaluate you look at the arguments for and against an issue. Identify: When you identify you look at

the most important points.

Recommended Resources

MAYLOR. Fl (20101 PROJECT MANAGEMENT 4th ed. Engla nd: PEARSON EDUCATION
—-

Limited

2. Saunders, M; Lewis, P; Thornhill, A (2009) Research Methods for Business Students,

5th ed. Pearson

3. Bhattacherjee, A.
(2012) "Social Science Research: Principles, Methods,
and Practices"
littp://scholarcommons.ustedu/oa textbooks/3 (open access)
4. Reiss, G (2001) Project Management Demystified, 2nd ed. Spon Press
5. Watt, A (2014) Project Management BCcampus Open Textbook (open access)