This presentation explores the aim, objectives, literature review, research methodology, data analysis, recommendations, and conclusion of managing a successful business project, with a focus on Nestle as a case study.
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Managing successful business project
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Introduction Globalisation denotes capitalist expansion which imply integration of national as well as local economies in a global market. With the increased global interactions there is relevant growth within ideas, culture and international trades.Globalization is described as interdependence of nations across globe by free trade. This presentation is based on Nestle which is a well known organization of UK.
Aim and Objective Aim: “To improvise recruitment, selection and training methods of employees to accomplish International needs of multinational organization- A case study on Nestle” Objectives of the research •To scrutinize the concept of globalization with respect to recruitment and training of employees. •To identify affirmative impact of training and recruitment on overall operations of organization. •To evaluate challenges that is faced by Nestle while entering within global market.
Literature review Concept of globalization According to Boyle (2019), globalization refers to process of integrating as well as interacting with governments, people and organization worldwide. Affirmative impact of training and recruitment According to Deresky (2017), there will be positive impact of practices of HR of organization. With respect to recruitment, Nestle ensures that they acquire the staff which have relevant knowledge and possess experience in the same field. Challenges that is faced by Nestle while entering within global market According to Huntington (2018), globalization provides the wide range of opportunities for organizations but it is not easy to enter within a global market.
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Research methodology They are the techniques or procedures which are used for identification, selection, processing and analyzing information with respect to peculiar topic. In this research both quantitative and qualitative approaches have been used. To derive to significant outcomes primary source of data collection has been used in which questionnaire has been taken.
Data Analysis Theme 1: Concept of globalization
Cont.… Theme 2: Impact of globalization on overall functionalities
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Cont.… Theme 3: Benefits of globalizing on business operations.
Cont.… Theme 4: Challenges incurred by Nestle while globalizing their business operations
Cont.… How Nestle can meet international requirement by implementing changes in their existing HR practices? Interpretation: Nestle can meet the international needs of their customers as well as market by ensuring that they have appropriate workforce who are capable enough as well as possess knowledge with respect to their responsibilities to which they are liable to. This will enable them to have high quality services for their customers within international market.
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Recommendation Initial recommendation is that, they must use the external sources of recruitment and this can be attained by advertisements on different mediums so that maximum people can get to know about this as well as be a part of interview. This will assist Nestle to have strong workforce. Along with this, they need to have ethical and fair practices while carrying out this process. This will enable them to furnish their services on timely manner and they also need to examine the working environment on regular basis.
Conclusion From the above presentation It has been concluded that globalization is an essential process which is practiced by almost every business entity at present scenario. It deals with interlinking or connecting business concerns as well as people across one part of the world to another.