This document discusses the management of successful business projects, focusing on the recruitment, selection, and training of employees in multinational companies. It covers the aims, objectives, project management plan, research methodologies, and data interpretation and analysis.
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MANAGING SUCCESSFUL BUSINESS PROJECT 1
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TABLE OF CONTENTS TOPIC:2 INTRODUCTION2 Research Background2 LO.12 P.1 Aims and Objectives.2 P.2 Project Management Plan3 P.3 Work Break-Down Structure and Gantt Chart4 LO.27 P.4. Research Methodologies7 LO.37 P.5 Data Interpretation and Analysis7 P.6 Recommendations9 LO.49 P.7 Reflection9 CONCLUSION9 REFERENCES11 Books and Journals11 APPENDIX12 Questionnaire12 Log Book14 Performance Review15 2
TOPIC: How do multinational companies improve the recruitment, selection and training of their employees to meet International requirements? INTRODUCTION Research Background In the process of globalisation, the role played by multinational companies is very important. Multinational corporations are the key agents of the globalisation. Similarly, many multinational organisations are also influenced by globalisation in ways they may or may not like. Globalisation is said to be the foundation of multinational companies as globalisation has open the trade barriers and allows the movement of goods and services across the borders. After globalisation, organisations have started trading across the boarders that makes important to maintain the talented workforce in order to meet the international requirements (Deresky, 2017). Thus, in this present research, scholar will use various methods and techniques to identify ways multinational companies improve the recruitment, selection and training of their employees to meet the international requirement. LO.1 P.1 Aims and Objectives. Aim: βTo identify ways a multinational companies improve the recruitment, selection and training of their employees to meet the international requirement. A study on Nestleβ. Objectives: βTo identify the recent trends of recruitment, selection and training of employees in business world. βTo determine the ways multinational companies improve the recruitment, selection and training of their employees to meet the international requirement. 3
βTo determine the complications an organisation faced in recruitment, selection and training of employees in fulfilling the international requirements. βTo provide recommendation for further improvement in the recruitment, selection and training of employees. Research Questions: 1.What are the recent trends of recruitment, selection and training of employees in business world. 2.What are the ways multinational companies improve the recruitment, selection and training of their employees to meet the international requirement? 3.What are complications an organisation faced in recruitment, selection and training of employees in fulfilling the international requirements? 4.What are the recommendation for further improvement in the recruitment, selection and training of employees? P.2 Project Management Plan The formaldocumentwhich is utilized to direct both execution and control of theprojectis called asproject management plan. Scope: The utility of theprojector research study is called asscope. Thescopeof this present research is both in corporate segment and scholarly part. Thisresearch studyis useful for association to look for advancement in the HR approaches to increase aggressive advantages also to meet the worldwide business prerequisites (Sharp, Peters and Howard, 2017). Aside from this, research islikewise helpful in scholarly part who are contemplating related subject of theme like HR, Globalization, MNC's, and so on. Cost: 4
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Cost additionally assumes a basic job in finishing of theproject. It is significant for researcherto set up the monetary allowance before actualizing the venture just as assign the expected expense to every singletask (Lock, 2018). In this present report, Β£4000 cost will be required. Communication: Inproject management plan,communicationsassumesa crucialjob. It is the obligation of researchersto convey every single thing toeveryonewho are straightforwardly or by implication partaking inthe research. Brochures,emailsandmessengerare utilized by researcher to conquer thecommunication gap (Turner, 2016). Risk: Risks areunsure, so it is basic for researcher to break down andevaluate riskwhich have possibly to emerge in thestudy. There are different sorts ofriskrelated in leading theresearch like physical hazard like any physical uneasiness,theft, damage, sickness orillnessduring the exploration. Further, the danger of loss of information,theftof information or some other lawful risk is there which can be raised (Kerzner, 2017). Thus, it is smarter to beat thoseriskto maintain a strategic distance from interferences. Resource: To finish thestudy,resourcesare essential to have so as to achieve thegoals.. In this present research, workstations, stationery things, USB, individuals, funding and facilitiesare required to finish theresearch. Time: Time component is likewise a significant part ofproject managementplan as it is significant that review ought to be finishedovertime. In this present research,researcherhas less time soresearcher has allotted time to each task (Lock, 2018). P.3 Work Break-Down Structure and Gantt Chart Task NameDuratio n StartFinishPredecesso rs Cost 5
Task Mode Auto Sched uled Research proposal45 daysFri07- 06-19 Thu 08- 08-19$500.00 Auto Sched uled Aimsand objectives15 daysFri09- 08-19 Thu 29- 08-191$650.00 Auto Sched uled Research methodologies15 daysFri09- 08-19 Thu 29- 08-191$1,000.00 Auto Sched uled Data collection14 daysFri30- 08-19 Wed 18-09- 19 1,2$1,500.00 Auto Sched uled Data analysis30 daysFri30- 08-19 Thu 10- 10-192$1,700.00 Auto Sched uled Data interpretation10 days Thu 19-09- 19 Wed 02-10- 19 3,4$650.00 Auto Sched uled Findingand conclusion28 daysFri11- 10-19 Tue 19- 11-195$700.00 Auto Sched uled Recommendations10 daysFri11- 10-19 Thu 24- 10-195,6$800.00 Auto Sched uled Conclusionand Submission2 days Wed 20-11- 19 Thu 21- 11-197,8$500.00 Table 1: Time Scale 6
LO.2 P.4 Research Methodology. Research Methods This is the initial segment of the research as it is critical to make the base of the research on which whole research study is being done. The systematic research of specific research issues or questions is called as research. The tool that permits directing the research is called as research methods (Kumar, 2019). There are two kinds of research which are qualitative and quantitative.QualitativeresearchisessentialexploratoryresearchandUsedtogainan understanding of underlying reasons and there is no use of statistics and numbers. Whereas, the research that is utilized to measure the research questions or issues by method for producing numerical information and in numbers are called as quantitative information. Researcher has carried out the research by using qualitative research methods. Research Approach Research approach are likewise a standout amongst the most fundamental piece of the research as it is the arrangement and procedure which comprise of the means of wide suspicions so as to get profound knowledge of the methods collected, analyzed and interpreted. here are two main categories of research approach which are data collection and data analysis. In information gathering there are two methodologies called quantitative and qualitative while in information analysis there are two methodologies called inductive and deductive. The methodology that attention on causality or test is called as deductive methodology while the methodology that concentration in investigating new phenomenon from an alternate point of view is called as inductive methodology (Taylor, Bogdan and DeVault, 2015). Researcher has utilised inductive methodology for data analysis as it is closely connected with the qualitative research so as to achieve the desired objectives and goals of the research. Sampling Sampling is a fundamental piece of stud as the sample could have a profound effect on the results of the research study. The procedure to select the little part or group of populace is called sampling. With the assistance of sampling it turns out to be anything but difficult to make measurableinferencesaboutthepopulace.Samplinghastwoprimaryclasseswhichare probabilistic and non-probabilistic sampling. Researcher has taken probabilistic sampling in which random sampling was utilized. Researcher has taken 20 ranking human resource manager of Nestle. Data Collection When the information is gathered, now researcher needs to consider to collect the information by utilizing suitable techniques. Information gathering is the orderly procedure to gather and assess information from a variety of sources to get complete and accurate scenario of 7
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the area of interest (Ledford and Gast, 2018). There are two strategies to gather the data which are essential and optional. The information that is gathered from the researcher by means survey; interview, questionnaire and observations are called as primary data. Aside from this, the information which is gathered from different sources not from the efforts of researchers are called as secondary information by means of government productions, web articles, books and diaries and so on. The data that is gathered primary research are very solid and legitimate just as crisp though the information gathered from some other sources have less legitimacy and it is copy information. Researcher has gathered data from primary research through survey. Data Analysis When the information is gathered, researcher begins searching for analysis of information as it is significant in light of the fact that information gathered is raw and it is useless without its appropriate assessment (Smith, 2015). It is a procedure to clean, shape and change the information to make it useful and significant to the users. There are chiefly two sorts of information examination which are qualitative and quantitative. The information which is analysedby utilizing measurable and numerical devices are called as quantitative investigation, for example, SPSS, Spreadsheet instruments. Then again, the information which is analysed through organizing and coding the information into groups are called as qualitative analysis of information. Researcher has taken a qualitative analysis methods in which information has exhibited by sing diagrams, tables and graphs. LO.3 P.5 Data Interpretation and Analysis. Theme 1: Maximum manages are aware about the recent trends of recruitment, selection and training of employeesin the businessworld. PARTICULARFREQUENCY Aware11 Not Aware5 May be4 8
Category 2Category 3Category 4 0 1 2 3 4 5 6 4.3 2.4 2 INTERPRETATION:Theoutcomesoftheaboveprimaryresearchstatedthat maximum managers of Nestle were aware about the recent trends of recruitment, selection and training of employees in the business world as said by 11 participants. They said that, it is important to be aware of the current trends working in MNC because its operations is on worldwide level. Whereas, 5 were not aware about it and rest of 4 were confused. Theme 2: Large numbers of HR managers agree that organisation is able to meet the international requirement in terms of recruitment, selection and training of employees. PARTICULARSFREQUENCY Highly Agree7 Agree4 Highly Disagree5 Disagree3 Neutral1 9
Category 1Category 2Category 3Category 4 0 2 4 6 8 10 12 14 Series 3 Series 2 Series 1 INTERPRETATION:Theoutcomesoftheaboveprimaryresearchstatedthat maximum managers of Nestle were agreed that organisation is able to meet the international requirements as 7 were highly favouring. They gave their opinion that Nestle is world leading food company since many years and company is maintaining many nationalities, religions, ethical background across the world. 4 were also supporting. Whereas, there were 5 who were against of this as they said that because of high competition company is not able to maintain its old position. Only single participants were not sure about their answer. Theme 3: Organisation promote the culture of learning. PARTICULARFREQUENCY Yes11 May be8 No0 10
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Series 1 Category 1 Category 2 Category 3 Category 4 INTERPRETATION:Theoutcomesoftheaboveprimaryresearchstatedthat maximum managers of Nestle were agreed that organisation promoted the culture of learning. They said that Nestle emphasize on organising training to employees on regular basis so that employees can focus on individual responsibilities, strong leadership and committed to life long learning which creates the atmosphere of learning. On the flip side, 8 were confused and they said that may be the culture of company is learning but they are not sure. Theme4:CompetitiveWorkforcesisthepolicy'sorganisationfollowsintermsof recruitment, selection and training. PARTICULARFREQUENCY Life long Learning5 Competitive Workforces10 Equal Opportunities4 11
Category 1Category 2Category 3Category 4 0 2 4 6 8 10 12 14 Series 3 Series 2 Series 1 INTERPRETATION:Theoutcomesoftheaboveprimaryresearchstatedthat maximum managers of Nestle were agree competitive workforce is the policy of the organisation follow in terms of recruitment, selection and training as said by 10 people. They said that HR managers put efforts to make the workforce competitive and they used to hire talented candidate. On the other hand, lifelong learning is the main policy as they provide raining on regular basis s and make the employees highly qualified. HR managers also said that they focus on continuous development and enhance the skills and knowledge. Rest of 4 Said that they used to provide equal opportunities to all people right from hiring and selection to working in the company... Theme5:On-the-jobTrainingrevealsmoreeffectiveresultfororganisational performance. PARTICULARFREQUENCY On-the-job Training10 Off-the-job Training4 Both6 12
Series 1 Category 1 Category 2 Category 3 Category 4 INTERPRETATION:Theoutcomesoftheaboveprimaryresearchstatedthat maximum managers of Nestle that on the job training reveals more effective results for organisational performance as supported by 12 people. They said that on the job provides practical experience of work and it improves the performance as well as raises the productivity. On the other hand, off- the-job training is also supported by 4 people. They said that off-the-job training provides reduces the cost of operation as well as it also reduces the chances of errors and mistakes. Rest of 6 were supporting both. Theme 6: External recruitment policy is among the best method to meet international requirement. PARTICULARFREQUENCY Yes9 No7 May be3 13
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Category 1Category 2Category 3Category 4 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% Series 3 Series 2 Series 1 INTERPRETATION:The outcomes of the above primary research stated that maximum managers of Nestle thatexternal recruitment policy are among the best method to meet international requirement as said by 9 responders. They said that external hiring leads to acquire talented workforce. External recruitments provides an opportunity for a fresh outlook on the industry that company that may need to stay competitive. On the flip side, there were 7 managers who said that external policy is very costly affair for the company as it requires the cost of recruitment, orientation, training and many others as well as it also affect the morale of existing employees. Rest of 3 were confused and do not have specific answers to the questions. Theme 7: Employee Engagement & Expert Training the best ways to bring improvement. PARTICULARFREQUENCY Expert Training7 Use of Advance technologies4 Employee Engagement7 Others2 14
Series 1 Category 1 Category 2 Category 3 Category 4 INTERPRETATION:The outcomes of the above primary research stated that maximum managers of Nestle that employee engagement and expert training are the best way to bring improvement. Experts training make the employees highly skilled and qualified that able to meet the international requirements. Employee engagement is also very important to bring the improvement and it also makes the employees able to meet the international requirements. 4 people said that organisation should make the use of advance technologies so that workforce can become highly competitive. P.6 Recommendations From the above research, researcher has identified some ways that Nestle can adopt for bringing more improvement in the recruitment, selection and training to meet international requirements are as follows- Researcher has suggested from the above survey that HR managers should conduct training for employees by calling experts so that workforce can become highly competitive. Scholar has also advised that HR managers should conduct activities for employees weekly so that they get engage with the company for longer period. Employee engagement raises the productivity and makes the employee loyal towards the company. Researcher also recommended that to meet the international requirements it is very important that employees should use advance technologies. LO.4 P.7 Reflection The above research study depends on the significancetraining, recruitment and selection of employees in multinational organisation so as to meet global requirements. I have likewise 15
arranged points and goals of this research as per the theme as it is the one on which whole investigation in based. On the other side, project management plan is another significant piece of this research wherein I have arranged every one of the elements like cost, time, resources, risk included, resources utilized to complete the research. Then again, I have likewise the research techniqueswhichareadditionallyastandoutamongstthemostsignificantpieceofthe investigation. It is on the grounds that without choosing research techniques, it is not possible to complete the research. In addition to this, , data collection is a standout amongst the best experience I have picked up from this research as I have came to know the perspectives and assessments of various individuals with respect to the subject. Toward the endI like to conclude that the entire study has given amazing experience and it is sure that this research will be very helpful for me. CONCLUSION With the assistance of the top to bottom and exhaustive research it can be summarised that it is extremely essential and important to have a systematic and ethical method for recruitment and selection so the best hopeful candidate is chosen that gains the competitive advantages. With the assistance of the investigation it can that the analysed that recruitment is the most significant for the company to be successful. This is because of the reason that with the assistance of recruitment just the organization contracts new workers and if the recruitment procedure of the organization is wasteful than the organization won't have great and gainful employees inside the organization. Likewise recruitment and selection the representative isnβt sufficient for the organization to be effective. This is because of the reason that the business condition isn't stable and it continues changing and in view of this organization must utilize the arrangement of giving training to the representative with the goal that they are updated to all the new ideas in the market. 16
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REFERENCES Books and Journals Deresky, H., 2017.International management: Managing across borders and cultures. Pearson Education India. in global strategy research.Global Strategy Journal,7(3), pp.233-240. Kerzner, H., 2017.Project management: a systems approach to planning, scheduling, and controlling. John Wiley & Sons. Kumar, R., 2019.Research methodology: A step-by-step guide for beginners. Sage Publications Limited. Ledford, J.R. and Gast, D.L., 2018.Single case research methodology: Applications in special education and behavioral sciences. Routledge. Lock, D., 2018.The essentials of project management. Routledge. Sharp, J.A., Peters, J. and Howard, K., 2017.The management of a student research project. Routledge. Smith, J.A. ed., 2015.Qualitative psychology: A practical guide to research methods. Sage. Taylor, S.J., Bogdan, R. and DeVault, M., 2015.Introduction to qualitative research methods: A guidebook and resource. John Wiley & Sons. Turner, R., 2016.Gower handbook of project management. Routledge. 17
APPENDIX Questionnaire QUESTIONNAIRE Name of Organisation: Nestle Name of Responders: Designation of Responders: Human Resource Manager Age: Gender: 1. Are you aware about the recent trends of recruitment, selection and training of employees in business world? Aware Not Aware May be 2. Are you agree that your organisation is able to meet the international requirement in terms of recruitment, selection and training of employees. Highly Agree Agree Highly Disagree Disagree Neutral 3. Did your organisation promote the culture of learning? Yes May be No 4. State the policies your organisation follows in terms of recruitment, selection and training? 18
Life long Learning Competitive Workforces Equal Opportunities 5. According to what methods of training reveals more effective result for organisational performance? On-the-job Training Off-the-job Training Both 6. Did you find external recruitment policy is among the best method to meet international requirements? Yes No May be 7. State some improvements in recruitment, selection and training of employees? Expert Training Use of Advance technologies Employee Engagement Others Recommendations if any...... 19
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