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Managing a Successful Business Project - Nestle Assignment Solved

   

Added on  2021-02-20

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MANAGING ASUCCESSFULBUSINESSPROJECT

Table of ContentsINTRODUCTION...........................................................................................................................3TASK1.............................................................................................................................................3P1. Desired research goals and objectives..................................................................................3P2. Project management plan......................................................................................................5TASK2.............................................................................................................................................6P3. Work break down structure and Gantt chart.........................................................................6P4. Small scale qualitative and quantitative investigation..........................................................9TASK3...........................................................................................................................................11P5. Data analyses......................................................................................................................11P6. Recommendations...............................................................................................................24TASK4...........................................................................................................................................24P7. Reflect on the value of undertaking the research to meet stated objectives and ownlearning and performance..........................................................................................................24CONCLUSION .............................................................................................................................25REFERENCE.................................................................................................................................26

INTRODUCTIONWhen an organisation fails to earn profits in the home country or when it has earned hugeamount of profit in the home country, then this induces the business organisations to expand theoperations of the company in the global world where the resources are available easily and at lowcost. Therefore, this expansion of the business is not an easy task and the company needs tofocus on improving the training, recruitment and selection of the employees in order to improvetheir performances (Waxin and. et. al., 2018). Present report has been conducted on Nestle.Company was established in 1866. Organisation offers products and services of confectionery,dairy products, breakfast, etc. This will consider the research aims and objectives for which theentire working will be done. It will concentrate on focusing the different elements of projectmanagement plant. The research will be conducted by considering qualitative and quantitative.The data analyses will be done with proper interpretation and recommendation. TASK1P1. Desired research goals and objectives.TITLE: Ways in which multinational organisation make improvement in their recruitment,selection and training methods as to effectively fulfil International requirements? A case studyon Nestle.INTRODUCTIONThe expansion of an organisation into the global countries induces a pressure on themultinational organisations to develop their employees abilities and knowledge base so that theycan work at global level and meet the desired set of objectives for the benefit of the company. Inorder to accomplish this Nestle is required to put their focus on making an improvement in theirrecruiting, selecting and training procedures. By doing this, the performance of the employeeswill be improved such that they will be fit best for the global requirements (Sullivan, Collins-Camargo and Murphy, 2014). Thus, recruitment, selection and training acts as an one of themost important measures through which organisation can effectively able to grow while ensuringworkforce development as to accomplish organisational goals and objectives in best effectivemanner. RESEARCH AIM

“To analyse the ways with help of which multinational organisation companies can makean improvement in their methods of recruitment, selection and training as to effectively fulfilglobal requirements.” A case study on Nestle. OBJECTIVESTo evaluate importance of recruitment, training and selection.To analyse the impact of making an improvement in recruitment, selection and trainingmethods in Nestle.To identify various methods of recruiting, selecting and training that can be undertakenby Nestle as to effectively fulfil international requirements. RESEARCH QUESTIONSAre you familiar with the idea of recruitment, training and selection?What will be the impact of improving recruitment, selection and training of employees inNestle?What are the numerous methods of recruitment that can undertake by Nestle as toeffectively accomplish international requirements? GlobalizationAccording to Didem Buhari Gulmez, 2017, globalization can be stated as procedure ofinteraction and integration between people, government and companies across the globe. It isbeneficial for the business administration as it create many job opportunities for large section ofthe population. By globalizing the business of Nestle they will be able to fulfill the emergingneeds of the customers. RecruitmentAccording to Yoder, 2018, recruitment is explained as searching out sources of manpower to achieve need of staffing schedule as well as pulling large section of man power tofacilitate effective selection of working force. Hiring right candidate at right place helps to gainbest outcomes. TrainingAccording to Edwin Flippo, 2018, training is defined as act of raising skills of an staffmembers for doing a specific job profile. By providing proper training best results can beattained in open market place. Selection

According to Smriti Chand , 2018, selection is explained as process of selecting the mostdeserving candidate from those who have submitted their profile for a particular job. Placing theright candidate at place according to skills, experience and potential for the vacant post. P2. Project management plan.It is known as a formal piece of writing that mainly include the relevant and authentic detailsof the projects. It helps the organisation in setting the pathway through which the research canwork effectively and efficiently for attaining business goals and objectives. There are certainconstituents which needs to considered in order to successfully complete the research (Russelland Brannan, 2016). It is very important for the business organisation to make effective planbecause without proper planning no business enterprise can earn the goals and objectives. Thefollowing are some of the important constituents that are to be considered discussed below:Cost: The term cost is very important factor because this helps in rendering the properbudget for the research within which the research ha to complete the different activities ofthe investigation. Therefore, the estimated cost for the entire project is £1000. apart fromthis, the researcher will need cost for performing certain every day business activity andfor this they will need £400. To conduct the research work huge fund is needed in globalmarket . To carry out the activities related to research firm gather funds from numerousresources such as, friends, relatives, banks etc. Scope: The scope of the research is very broad because this helps in delivering theappropriate outcomes for the report (Patterson and. et. al., 2018). It is very important toconsider the extension as the investigator will develop the wider context. This will help inknowing the significance and outcomes in detail that will be generated after conductingthe research.To collect quality and informative data from qualitative and quantitativemethod is the scope of research work. Qualitative data takes more time and money asdata are gathered freshly from the surroundings. Quality: The concept of quality is very important because everyone wants the true andfair picture of everything. The quality of conducting the research must be fair andauthentic that will generate appropriate objectives. The researcher wants that resultswhich are true and fair and from which the organisation can easily frame the results thatwill help in proper conduction of the research (Noe and. et. al., 2017). Research work

main aim is to provide quality information to it's readers so that they can be bind forlonger time period. Time: The time plays a vital role because it is very important to complete the researchwithin the set deadlines. It has been identified that a research is initiated as to fulfilspecific purpose and when the purpose is accomplished the particular research is said tobe completed. For this the organisation will require 12 weeks while investigator will need6 weeks to complete the research. To effectively complete the research work 90 days areneeded. All the task are planned in such a way that reserch activities are completed indue time. Communication: Every research needs proper and effective communication throughwhich the business aims and objectives can be attained and also the efficient conclusionsand interpretations can be developed (Landers and Schmidt, 2016). So therefore, theinvestigator will need communication tools like telephone connection, internet, etc. Theorganisation will need communication tools like organising meetings, presentations, etc.in which they can communicate with the staff members regarding the research aims andobjectives. To complete the work of research properly it is mandatory to carry out twoway effective communication . By this all the data are transferred easily from one end toanother. Risk:Risk is mainly linked with a danger that affects an organisation smooth work flowof operations. There are various types of risk like risk of threat from competitors, politicalinstability, poor and unskilled workforce, etc. All these risk will be faced by the companyand can affect it negatively so for this, it is advisable to take into consideration such riskand develop contingency plans (Kubal, Shvab and Wojtynska, 2014). At the same time,the researcher also faces the risk of privacy where the data is not confidential and poorstorage and privacy can generate bad conclusions and interpretations. The major riskfaced while conducting research work is that which sample size need to be used, whichaims and objective need to adopted out of the alternative etc. Resources:Resources are considered as an element which is essential to complete theresearch effectively and efficiently. In this, the organisation will need resources liketechnology, equipments, land, whereas the investigator will need resources like skills,finances, workforce who can work effectively in completing and framing the appropriate

conclusions for the data collected (Keep, 2014). Research work utilize all the resourcesin appropriate manner so that best results can be attained in global market. Theinformation are gathered from primary and secondary sources are aliened in sequence sothat best findings can be gained. TASK2P3. WBS & Gantt chart.Work breakdown structure: WBS is a form of project management that simplify andmanages task execution details into manageable parts in visual way (Haberfeld, 2016). It startswith selecting desired outcome then breaking it down in smaller tasks to reach objectives ofproject efficiently. It visually represents all parts of projects that offers simpler view tomanagement and team showing how project is continuing. It is useful for groups like creative,internal projects, technical, event planner, construction project ,etc. It improves productivity,helps in predicting results, properly organise project, increases communication, efficientestimation of budget, manages risk, less confusion in execution of tasks are some advantages inusing this structure.

Gantt chart:these are most popular and useful type of charts used in planning projectswhich visually shows schedule of work with the help of start and end dates of tasks need to bedone. It contains list of all activities along with time estimated to complete task (Gardner, 2018).Commonly use for tracking schedule with additional information about tasks in simple view ofbar graphs that graphically represents project durations. These are useful in planning anddefining sequence of tasks summarizing what has to be done and when in suitable time scale.Gantt charts are created in excel or software of project management to automate processes liketask dependencies, identifying critical path of project and adding additional information abouttasks.

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