Importance of Multinational Companies in Improving HR Processes

Managing
Successful Business
Project

TITLE
How do multinational companies improve the recruitment, selection and training of their
employees to meet international requirements?
INTRODUCTION
The managing a prospering enterprise work is refers as the central for obtain the desire
results through out a projection. Project management is recognised to be the key aspect of
management, thus it mainly defined as the process or combination to attain a management
objective within a prescribed time duration (Boyle, 2017). The present study is based on
globalisation; thus it refers as an effective process where a business explores its organisational
operations at wider level. Globalisation is a wide concept which is effectual in processing
possibility for the enterprises at global level to achieve competitive edge (Rowe, 2015). For
better understanding about the project area, Asda is the selected firm as it is a British
supermarket distributor firm, which operates at wider level to attain higher position within
market. The company was found in the year of 1949, the base office of the business is in Leeds,
West Yorkshire. The study mainly aims to analysing the importance of international businesses
in rising up the training, recruitment and selection of their workers to meet planetary needs
(Clinton and Whisnant, 2019). The project develops aims and objective that are based on present
subject area. However, it determined in regards to the project direction activity, WBS and Gantt
chart. Along with this, it covers data on assorted areas of investigation tool. At the end, it renders
suggestion to the organization and reflection on overall work of research in suitable manner.
TASK 1
P1:
Economic process or in other word, globalisation is referring as a procedure of
integration and interaction within people, government, businesses at worldwide basis. In another
words, globalisation is also defining as the way in which individual, business and regions
movement towards others for the purpose of accomplishing some predetermined targets (Crane
and Matten, 2016). Globalisation performs vital function in developing opportunities for the
businesses in respect to attaining significant competencies within the commercial centre. The
primary motive of all size of organizations is to accomplishing potential progression and
development by making improvement in their HR operations like training, recruitment and
1

selection process. Therefore, effective HR operations are suitable for multinational businesses in
attaining international requirements (Storey, 2016). Asda is a highly effective and well reputed
British multinational retail business and the company has its worldwide presence. The
organization was found in the year of 1949 by the possible attempts of Peter and Fred Asquith
Sir Noel Stockdale. As a large supermarket retail firm Asda is concern over implementing
effective Human resource process for the purpose of improvising the operations at commercial
centre (Deresky, 2017). In the existing area exploration work is depend over the importance of
multinational companies in improving the human resource processes like selection, training and
recruiting, of their organisational people to meet global need and to conduct the exploration in
proper manner aim and objectives that covers the key purpose of the exploration are described as
underneath:
Research Aim
The key intention of the present report is to study the importance of multinational
companies in improving the recruitment, selection and training of their employees to meet
international requirements (Westney, 2017). In the the proper study is being conducted on Asda
as it is a wide international supermarket retail chain that has its high brand reputation within
global business market. The clear aim of the present exploration is to analysing the significance
of multinational organizations in terms of attaining success within global market (Dutta and
Bose, 2015). Therefore, this study is also effectual in determining the role of improvising
recruitment, selection and training in terms of reaching at international requirements.
Research Objectives
 To understand the role of multinational companies in the context of business success at
global level.
 To determine the need of improving training, recruitment and selection process in terms
of developing the operations of Asda.
 To access the potential impact of globalisation over the training and recruitment process
in Asda. To identify several ways through which HR processes can be improved to meet
international standards.
Research Questions
2

 What is the role of multinational companies in the context of business success at global
level?
 What is the need of improving training, recruitment and selection process in terms of
developing the operations of Asda?
 What is the potential impact of globalisation over the training and recruitment process in
Asda?
 What are the several ways through which HR processes can be improved to meet
international standards?
P2:
Project administration guide is referring as a legal piece of writing which gives complete
information in regards to the plan of action by that exploration can be accomplished within
nominal time duration. In the present study context, the plan is implemented over the subject
area of the importance of multinational companies in improving the recruitment, selection and
training of their employees to meet international needs (Glukhov, Ilin and Levina, 2015). For
effectively completion of the project, the manager is concern over executing all the
organisational activities in organized way. Project management plan of Asda, covers various
aspects, in which some are described as under:
Cost: This refers as the key aspect of to complete a project as activities of the project is replay
upon the manager and the key consideration of the manager is to set an appropriate among of
cost in that all the actions are incurred in proper way (Westrenius and Barnes, 2015). The
estimated cost for this particular project based on Asda is 40,000£, which will be sub divided
among different activities which are associated as under:
Items Cost UK (£)
Promotional Activities 8000£
Training and other materials 20000£
Office expenses 6000£
Research & Development cost 3000£
Expertise 3000£
Total 40000£
3