logo

Managing a Successful Business Project Assignment - Nestle

   

Added on  2020-11-12

28 Pages6127 Words268 Views
Managing aSuccessful Business

Table of ContentsINTRODUCTION...........................................................................................................................2TASK 1............................................................................................................................................2P1 Devise project aims and objectives for a chosen scenario.....................................................2P2 Produce a project management plan......................................................................................4P3 Produce a work breakdown structure and a Gantt chart........................................................6TASK 2............................................................................................................................................8P4 Research methodology...........................................................................................................8TASK 3..........................................................................................................................................10P5 Analyse research and data using appropriate tools and techniques.....................................10P 6Recommendations of research results..................................................................................20TASK 4..........................................................................................................................................20P7 Reflection.............................................................................................................................20CONCLUSION..............................................................................................................................20REFERENCES..............................................................................................................................22

INTRODUCTIONGlobalisation is considered as the procedure through which business organisationexpands their business at international scale. Globalisation has not only raised benefits andopportunities for companies but it has also provided additional career growth opportunity foremployees. Along with this, it has also improved standard of living of customers too as thisconcept have provided variety of products to customers at cheaper rates. The present report isbased on Nestle, a large scale food and drink company which is headquartered in Switzerland.The company is offering its products at international scale. In relation to case study, it has beenanalysed that management team of Nestle have developed its policy which mainly deals intraining, remuneration, development and recruitment. The company is already having remarkablepresence in international market but it still wants to enhance its presence in more effectivemanner by adopting effective recruitment methods through which best talent can be brought tocompany (Crane and Matten, 2016). In this regard, aim and objectives are formulated on thebasis of provided case scenario. At further, project management plan will going to be discussedalong with its all elements. It will also discuss on work breakdown structure and Gantt chart. Atlast, it cover information on recommendation which will be provided to company for improvingits profitability and reflection on overall experience of researcher.TASK 1P1 Devise project aims and objectivesforachosenscenarioGlobalisation is seen as the integration of businesses, companies and people. Thisintegration provides business opportunities to business organisation and develops overallbusiness growth. It can be said that globalisation have also influenced recruitment strategyand pattern of company which helps them bringing best talent to company at reasonablesalary. In this regard, it can be said that if business organisation fails to recruit right peoplefrom international scale that it will proven as riskier factor as they will be affectedfinancially. It will also affect brand image of company at global level and also waste theirtime. The concept also helps company in maximising its profitability (Den Hertog, Van derand De Jong, 2010) In context to mentioned case study on Nestle, it has been analysed thatthis company is placing its efforts on modifying its recruitment pattern in order to bringfresh talent to company. The management team of this company believes that if company

has right employee placed on right position than it will be easier for them in enhancing itsprofitability. In this regard, management team of Nestle have initiated recruitment policywhich includes training and development, recruitment on the job, strong leadership and offjob training etc. in order to improve capabilities and efficiency of employees. Background of researchNestle is food manufacturing company which was incorporated 1905. The companyis very large in size as its number of employees are around 308,000. Product range ofNestle includes Maggie, Kit Kat, tea, dairy products, bottled water, confectionery, baby foodand medical food. Global presence across the world influences top management team ofcompany to focus on maintaining its brand image so that trust of customers can bemaintained on them. For this, it required by human resource department to use latestrecruitment method for hiring best talent in order to achieve organisational objectives. It has been analysed that currently Nestle is facing issues related to recruitment methods atinternational level (Eckerson, 2010). In this regard, for improving its recruitment andselection method, top management team of this company have conducted effective researchfor identifying best recruitment methods, training and remuneration in order to maximiseprofits of NESTLE. With reference to this, researcher have formulated effective aim andobjective which will help NESTLE in maximising its profitability ratio in effective mannerwithin less period of time.Research aimThe research aim for present study is “To determine how multinational companiesimprove their recruitment, selection and training of their employees at global scale”Research Objectives :To identify the concept of Globalisation.To analyse various methodologies of recruitment and selection at global level.To evaluate different ways, through which Nestle can modify their recruitment, trainingand selection of organisational staff at global scale.To identify role of training, selection and recruitment of employees in the businessenhancement of Nestle.Questions :What is the concept of Globalisation?

What are the various methodologies of recruitment and selection at global level?What are different ways, through which Nestle can modify their recruitment, training andselection of organisational staff at global scale?What is the role of training, selection and recruitment of employees in the businessenhancement of Nestle?P2 Produce a project management planProject management refers to the term of formal documentation which helps the leadersand managers to in order to implement the projects and gain long term profit in a effectivemanner. Project management run with the different elements like scope, plan, risk, schedule,size, cost, scope and communication factors. This system also determines the formaldocument which consists several functions such as combining, developing, explaining allprocess in an effective manner (Gebauer, Edvardsson, and Bjurko, 2010). In regards withNestle, their managers and leaders have to follow various strategies for making projectmanagement plan. That helps to achieve the goal and also helpful for preparing the bestdecision making process in order to select appropriate customers for particular job profile.There are various key factors of project management which are following as under: Cost: It refers to the amount of money that an organisation spends on the creation ofproduction of goods and services. Cost does not include in a mark-up for profit. In regardswith Nestle, their managers and leaders prepare the budget and spend money on making thenew project in an appropriate manner. According to this company's managers or leadersselect various techniques and tools have used through the budget. Therefore, the estimationof budget is necessary for making a new project and it helps in maximising the company'svalue in a effective way. That's why researcher fixed the cost of recruitment process thatwill be approx. 6000 pounds and cost for the company will be 150000 pounds. Scope:It is an very important term for every firm because scope has the opportunityor possibilities to do and deal with something in a effective manner. According to this firmscan make effective strategies and techniques for enhance the productivity of an organisation.Therefore, by this approach company can easily take decision in order to make a comparisonin between contract, programs or employment and also can provide benefits to itsemployees.

End of preview

Want to access all the pages? Upload your documents or become a member.

Related Documents
Managing A Successful Business Project - Nestle Company
|31
|5645
|242

Managing Successful Business Projects
|21
|5410
|287

Managing a Successful Business Project: Assignment solution
|29
|5861
|326

Managing Successful Business Projects
|22
|5885
|325

Recruitment, training and selection in Nestle - Assignment
|38
|6205
|35

Managing Successful Business Project in Nestle
|34
|5108
|111