This presentation explores the importance of recruiting, selection, and training procedures for employees to meet international requirements. It includes a study on Nestlé, recommendations, and conclusions.
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MANAGING A SUCCESSFUL BUSINESS PROJECT
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Content Introduction Aims and Objectives Literature review Research methodology Findings from data analysis Recommendations Conclusion References
Introduction Managing business in a proper manner is an important aspect for an organisation to attain high success and growth. If business project will not be handled in a proper manner, company can face heavy revenue loss. Recruitment, training and selection are effective procedures that are used by a business firm to hire skilled, knowledgeable and talented employees so that desired objectives can be achieved in a timely manner
Aims and Objectives Aim: “To acknowledge the importance of recruiting, selection and training procedures for employees to meet international requirements”. A study on Nestlé.
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Continue... Objectives: To identify the concept of recruitment, selection and training. Toanalysistheimportanceofrecruitment,selectionand training procedures for Nestle. Toacknowledgetheeffectivenessoftrainingprocessin fulfilling international requirements.
Concept of recruitment, selection and training According to Bird, 2019, Globalisation is referred to the spread of technology, information, product and jobs beyond national culture anddomesticborders.Incontextwitheconomics,itdefine interdependence of countries in global context due to free trade. Recruitment, selection and trainingare very important for any organisation as it helps them to appoint those candidates who are perfect for the position.
Research Methodology Research methodology is defined as a systematic plan to carry out research. This procedure is used to gather data and information so that right and beneficial decisions for business can be taken. There are two types of research mentioned below: Qualitative research Quantitative research
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The concept of recruiting, selection and training a) Yesb) No 0 5 10 15 20 25 30 35 40 45 45 5 Frequency
Benefits of training in achieving expected growth and success a) Yesb) No 0 5 10 15 20 25 30 35 40 4542 8 Frequency
Benefits of recruitment, training and selection in an organization a) Increase profits b) Skilled workforce c) Enhanced Brand reputation 0 0.05 0.1 0.15 0.2 0.25 0.3 0.35 0.4 40.00% 20.00% 40.00% Frequency
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Recruiting, training & selection benefits in meeting international needs A) By satisfying customers needs B) Earning huge profits C) Achieving goals and objectives 0 0.1 0.2 0.3 0.4 0.5 0.6 60.00% 20.00%20.00% Frequency
Type of training is most suitable for Nestle a) On the job trainingb) Off the Job training 0 0.1 0.2 0.3 0.4 0.5 0.6 0.7 70.00% 30.00%Frequency
Recommendations It is recommended that manager can use both on the job and off the job training methods for providing training to workforce. To recruit and select capable candidate, Nestle is required to use high end technology and train their recruiters in a proper manner. Company is needed to invest high in training of employees so thattheycanworkhardtomeetinternationalrequirements appropriately.
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Conclusion From above discussed report, it is concluded that recruitment, training and selection of workforce benefits an organization in gaining high advantage in both national and international market.Data analysis helps in interpreting collected data in an organized manner.
References Boyle, G., 2017.Design project management. Routledge. Clinton, L. and Whisnant, R., 2019. Business Model Innovations for Sustainability. InManaging Sustainable Business.(pp. 467-507). Springer, Dordrecht. Crane, A. and Matten, D., 2016.Business ethics: Managing corporate citizenship and sustainability in the age of globalization. Oxford University Press.