Business Performance Assignment- Shortage of Skilled Labors

Added on - 06 Jun 2020

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DISSERTATIONTo assess the effect of shortage of skilled labouron the business performance: case study of India
Table of ContentsCHAPTER: 1 INTRODUCTION....................................................................................................1Background of the study.........................................................................................................1Research aim..........................................................................................................................2Research objective..................................................................................................................2Research Question..................................................................................................................2Rationale for research.............................................................................................................3Focus and Purpose..................................................................................................................3Problem Statement..................................................................................................................4Dissertation structure..............................................................................................................4CHAPTER: 2 LITERATURE REVIEW.........................................................................................6Introduction............................................................................................................................6Meaning and concept of the high skilled labour in the business enterprise6Importance of the high skilled labour in the organization for attainment of business success8Assessment of the impact of shortage of the skilled and talented employees........................9Strategies through which shortage of skilled labour can decrease11CHAPTER -3 RESEARCH METHODOLOGY...........................................................................14Introduction..........................................................................................................................14Research philosophy.............................................................................................................14Research approach................................................................................................................16Research design....................................................................................................................17Quantitative Versus Qualitative research.............................................................................18Data collection.....................................................................................................................20Research instrument.............................................................................................................21Sampling..............................................................................................................................22Data analysis.........................................................................................................................22Ethical consideration............................................................................................................23CHAPTER- 4 DATA ANALYSIS...............................................................................................24
Introduction..........................................................................................................................24Discussion.............................................................................................................................25CHAPTER- 5 CONCLUSION AND RECOMMENDATION.....................................................42RECOMMENDATION.................................................................................................................45REFERENCES..............................................................................................................................49Appendix........................................................................................................................................53
AcknowledgementsIn the entire project competition, I have supported by various individuals who have given thebest support and coordination to me. I would like to express my special thanks of my gratitude tomy tutors as well as my principles who have given golden opportunity do this wonderful projecton the topic of analysing the impact of a shortage of skilled labour in the company. This topichelped me in doing a lot of research and I came to know about so many things so that I am reallythankful to my tutor, teacher who gave this task to me. In addition to this, I would also like tothank my friends and family member who helped me a lot in finalizing this project within limitedtime period.1
AbstractIn the following dissertation, the major aim of the scholar is to understand the impact of ashortage of skilled employees in the company.For attaining this objective, a scholar has focusedon the various method of the research methodology. With help of several methods, a scholar hasable to obtain a systematic outcome of the dissertation.In this assignment, various themes havebeen also made in the chapter of literature review which provides detail understanding andknowledge about the impact of a shortage of skilled labour within the company.TitleTo analyse the impact of shortage of highly skilled labour on the performance of businessenterprise: A case study of the Forest View hotel in IndiaIntroductionIn the present dissertation, a researcher has the main aim is to analyse or assess the impact of ashortage of skilled employees on the business performance with respect to the hotel sector. Withhelp of this dissertation, a scholar has gained a detailed understanding about the high skilledlabour in the company. In order to attain this objective, a researcher has been used variousmethods of research methodology like research philosophy, research approach, data collection,research design, data analysis, sampling, etc. In the present dissertation, the major aim is toanalyse the impact of highly skilled labour on the performance of a business. In the dissertation,a scholar has focused on several points and topic by which he/she can conclude the outcomeabout the shortage of highly skilled labour.ObjectivesTo understand the meaning and concept of the skilled labourTo analyse the importance of the skilled labour in the business organizationTo assess the impact of shortage of skilled labour in the business performanceTo identify the strategy that can be implemented to reduce the shortage of skilled labourin the hotel sectorHypothesisIn this present dissertation, a scholar has selected manager for collecting the data. Investigatorhas organized survey from a manager of the Forest view hotel and collects information about the2
high skilled labour within the company.On the basis of the hypothesis, a scholar can conductthe survey from various respondent and obtain an appropriate solution of the research issue.3
CHAPTER: 1 INTRODUCTIONBackground of the studyIn the present time, every business entity requires an excellent and long term success in thebusiness. In the market, there is huge competition among the companies as everyone wants to getan excellent growth and stability. For attaining of this objective, they make several efforts anddesign various excellent strategies. Human resource plays a very crucial role in the businessenterprise and in the absence of them no venture can attain its determined objective. Employeesare most essential part of the company who gives their best contribution to attain the objective.They are those people who carry out the responsibility toward the company and attain the desiredoutcome for business (Jenter and Kanaan, 2015).In the absence of personal, business activitiesand functions cannot be carried out in the venture. Thus, it can be said that the entire success andgrowth of the company is largely depending upon the employees and their performance. Theyare a very important asset for the organization which is used for the attainment of a businessgoal. In order to compete with the rival and develop own competitive advantage, manycompanies train its employees so as their skills and quality of work can improve. In addition tothis, a company always recruit and select t personnel who have excellent quality and talent whichsuitable for business process and function.If employees have lack of quality and skill than itsdirect impact on the business performance (Ledford, Benson, and Lawler, 2016). If humanresource's quality and skills are lacked then they cannot able to attain the determined objectivewithin a time period. Thus, it can be said that it is very important for an organization to selectand recruit those employees who have excellent knowledge and quality about the businessactivities and work. With help of high skills and knowledge, personnel can gain the outstandingoutcome for the company. In addition to this, skilled labour can influence to the company in anegative manner.In the present dissertation, a researcher has the main aim is to analyse or assess the impact of ashortage of skilled employees on the business performance with respect to the hotel sector. In thepresent time, hotel sector is one of the sectors which developed its business. In this mentionedsector each and every activity largely depends upon the employees and labours. In everyfunctional department of the hotel sector like reception, operation, finance, marketing etcrequired employees for carrying out the functioning of business (Hofstetter and Harpaz, 2015).Thus, in the present dissertation, a scholar can able to gain deep knowledge and understanding4
about the skilled labour in this manner, Forest view hotel has been selected to identify the impactof skilled employees in the business performance. It is a small and medium private hotel which issituated in the Rishikesh in India. It is foothills of Himalayas in the international yoga capital inthe world. The forest view hotel is one of the most accessible hotels in the Rishikesh along with12 spacious and comfortable rooms. This hotel offers chic and lavish accommodation facilities toits customers. In the India, there are various other historical tourist destinations which are famousfor their beauty and history like Rajasthan, world heritage sites, Shimla, Manali, HimachalPradesh, Jammu, and Kashmir, Auli Nainital etc. These all regions are famous in the India due toits beauty. India is a country which full of the regions so there are various cities and states whichis famous for its destination of tourism. In these all region, Rishikesh is one of the famous touristplaces where every year millions of people come for spending their holiday.It has the mainobjective is to deliver the outstanding services to its customers and gain the large customerattraction. It has included various services and facilities like restaurant, accommodation, banquethall etc. In the present dissertation, an importance of skilled labour in the forest view hotel hasbeen systematically addressed. In order to attain this objective, a researcher has been usedvarious methods of research methodology like research philosophy, research approach, datacollection, research design, data analysis, sampling, etc.With help of all these tools, a researcherhas successfully analysed the data and obtain the appropriate outcome of the study.Research aimThe aim of the study is " To assess the impact of shortage of skilled labour on the businessperformance: A case study of the Forest view hotel in India"Research objectiveTo understand the meaning and concept of the skilled labourTo analyse the importance of the skilled labour in the business organizationTo assess the impact of shortage of skilled labour in the business performanceTo identify the strategy that can be implemented to reduce the shortage of skilled labourin the hotel sectorResearch QuestionWhat is the meaning and concept of the skilled labour in the company?What is the importance of the skilled labour in the organization for the attainment of thebusiness objective?5
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