Ask a question from expert

Ask now

Managing a Successful Business Project : Nestle

34 Pages6823 Words76 Views
   

Added on  2021-02-22

Managing a Successful Business Project : Nestle

   Added on 2021-02-22

BookmarkShareRelated Documents
Managing aSuccessfulBusiness Project
Managing a Successful Business Project :  Nestle_1
ContentsTITLE: ............................................................................................................................................1INTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1P1) Draw project goals and aims for Nestle...........................................................................1P2) The project management plan..........................................................................................5TASK 2............................................................................................................................................7P3) Discuss Gantt Chart and WBS.........................................................................................7TASK 3............................................................................................................................................1P4) Investigate research by using quantitative and qualitative approach to meet aims andobjectives................................................................................................................................1P5) Examine investigation and information by using instrument and method......................6P6) Recommendation suggested to find out meaning full conclusions................................14TASK 4..........................................................................................................................................15P7) Reflection carried upon undertakings to accomplish goals.........................................15CONCLUSIONS............................................................................................................................16REFERENCES..............................................................................................................................17APPENDICES...............................................................................................................................18Performance Review to be attached with the report by the learner:.............................................22
Managing a Successful Business Project :  Nestle_2
TITLE: “How do international organization upgrade the recruitment, selection andtraining of their staff members to achieve multinational necessities”. A case reporton Nestle.INTRODUCTIONRecruitment can be defined as hiring right candidate with required skills andqualifications for the vacant post. Whereas, selection refers to as choosing the bestparticipant bout of the short listed nominee. And training can be stated as enrichingthe employees skills and competences for the betterment of staff members andorganization. Organization carries out all this aspects effectively so that businessfunctions can be carried out easily. This report is based on Nestle is 135 year oldleading company across the boundaries. It was founded by Henri Nestle and islocated in Vevey, Switzerland (Armstrong and Collmus, 2016). This assignmentcovers aims objectives and overview for the chosen firm. It also, focus on risk,cost, resources , work break down structure Gantt chart etc. so that tactics andtime frame can be designed accordingly. Quantitative and qualitative research isused to meet the set goals as well as provide recommendation in order to get ameaningful conclusions. TASK 1P1) Draw project goals and aims for Nestle.Recruitment is the activity of investigating out the appropriate nominee forthe vacancy and moulding workers to join the firm. While, selection refers to aschoosing best employee out of poll of shortlisted applicants. And training can beexplained as provision of improving the skills and abilities of people in order toraise productivity level. Nestle is a Swiss international food and drink organisation. The reason behind choosing this firm is that this is the biggest food and drink1
Managing a Successful Business Project :  Nestle_3
enterprise in terms of revenue and other metrics across the globe. Nestle carriesout recruitment , selection and training process in order to achieve the globalnecessitate. Improving this provisions on continuous basis helps the businessassociates to grow and flourish in the global village. Appointing right candidate atright place and providing them effective training in order to raise their retainpotential employees in the market (Babayev, 2018).Aim: To examine how multinational organization upgrade their recruitment,selection and training of their worker to meet International requirements”. A casestudy on Nestle. Objectives: To understand the idea of recruitment, selection and training. To investigate how recruitment, selection and training in organization helpsin achieving international requirement. To identify the type of training used by Nestle to motive their staffmembers. Questions: 1.Do you know the meaning of recruitment, selection and training?2.How recruitment, selection and training helps in achieving internationalrequirements?3.What type of training is provided to employees working in Nestle?Limitations of the study:It incur huge cost and time in order to conduct recruitment, selection andtraining. Project scope: By conducting recruitment, selection and training it will assist theorganization to survive in the market for longer time duration. 2
Managing a Successful Business Project :  Nestle_4
According to Lisa Mcquerrey, 2019, internal selection is defined as bringing thosecandidates who brings greatest skill set to the administration. It helps the company to boost uptheir workforce efficiency to gain positive outcomes. This assist the business concern to appointdeserving participants at the vacancy. Through internal selection time and cost can be saved at atremendous scale. a) Internal selection: Nestle hires potential and capable employees throughinternal selection activity. This assist the organization to raise their productivityand profitability ratio. The selection of employee are done on qualifying stagessuch as , test interview, skill test etc. which are explained as follows: Skill test: Nestle carries out skill test for their applicants so that firm can beaware about their abilities and capabilities. In this a set of MCQ (Multiple choicequestion) questions are given to the candidate. By doing so capable and bestnominee is selected for the post. Test interview: Nestle conduct various interview round for the selectedcandidate in order to check the level of knowledge and keen interest for the post.By doing so desired applicant is selected for the post. B) Cost of selection process: Nestle before conducting selection activityneed to estimate the cost and expenses incurring during the process. By doinginefficiency of funds does not take place and best results are achieved. Lack offunds slows down the productivity level of the firm in the market. The charthighlighting total cost required during selection activity are explained as: Amount of funds neededParticulars2017-2018 (pound)Research and Development 25Publicity expenses10Plant and machinery installation expenses20Training cost25Booklet20Total Cost1003
Managing a Successful Business Project :  Nestle_5
Training of employees: Nestle provide training to employees so thatexisting skills and competences can be developed which will directly or indirectlyhelp the firm to grow and attain international requirements. By doing so theenriched skills and competence will then employees in their career growth (Basakand Khanna, 2017). The various types of training provided by the Nestle arediscussed as follows: Induction training: In Nestle induction programmes are conducted so thatnew employees are introduced with the existing staff and are able to betterunderstand their job roles easily. By doing healthy working environment is createdwhich results to best outcomes. Orientation training: In this case new and fresh candidate is provided withbasic information about the Nestle. This results in meeting internationalrequirements as well productivity and profitability ratio is increased. On the job training: Employees of Nestle are provided with on the jobtraining so they job related roles and duties can be better understood. Whichdirectly results to raise in profitability ratio which is a positive sign for thecompany and are able to meet the international requirements. Off the job training: This type of training is provided to the staff workersso that external environment scenario can be better examined workforce efficiencycan be raised respectively. By doing so abilities and information of staff membersare raised and desired objectives are meet on time. P2) The project management planProject management includes planing and organising of the company's resources tocomplete the organisational objectives and goals. For the nestle, it becomes essential for them toadopt the project management because it help them to define the plan, arrangement of theresources, to manage changes, and take benefits from the opportunities. This project help the4
Managing a Successful Business Project :  Nestle_6
researcher to research effectively as it is defined the information about number of activities thatare carried out so as to complete the given assignment (Cascio, 2015). Few of the pointsrelated to the project are described below: Sources of project management plan DescriptionScopeThe scope of this research for nestle is toinvestigate that importance of the trainingwhen they are expanding their business. Byproviding their employees a better training theycan expand their business at a wide stage. Themotive of their research can easily accomplishwhen their employees are trained. The scope ofresearch is to collect data from qualitative andquantitative method. By gathering informationfrom this source reader will get quality andauthentic information. CostCost refers to an amount which is invested toexecute different activities to gain something.To conduct the present research, the researcherhas estimated 100 euro as total cost which isallocated in different research activities such asacquiring resources to collect primary andsecondary data etc. The cost incurred toconduct this research is 100 euro. There arenumerous activities which need to beconducted like, preparing catalogue, promotionetc. for such activities cost is required insufficient amount. TimeIt is another aspect which plays an importantrole in conducting an appropriate researchwork. The research has forecasted 7 weeks forcompletion of research work Collection and5
Managing a Successful Business Project :  Nestle_7
analysing of data requires time to execute thusit is important for researcher to utilise time inan optimum manner (Dittmar, 2015). Tocomplete the research work total ten weeks willbe required. Within this duration of time periodfirm is able to complete the task effectively andefficiently. QualityThe researcher need to focus on maintainingquality of research work which help them indrawing a valid conclusion at the end ofresearch. In present, researcher haveundertaken qualitative method under whichprimary data has been collected usingquestionnaire that is further filled by selectedrespondents. The research work should be ofhigh quality so that reader is able to grab thethings easily. To provide quality and reliableinformation it is important scan the marketdeeply. RiskThere are various risk factors that must beconsider by researcher to conduct presentresearch in an appropriate manner. Theseincludes unwillingness of respondents,increases cost of training equipment’s etc. Thiscan be tackled by preparing an effective plan.In research work huge risk is involved asprimary information is gathered from people.To over uncontrollable risk factor effectivestrategies is designed. CommunicationCommunication is very effective tool which isnecessary at the time of research. Through6
Managing a Successful Business Project :  Nestle_8

End of preview

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

Related Documents
Managing a Successful Business Project : Nestle Assignment
|32
|6903
|40

Managing Successful Business Project Assignment | Nestle
|28
|5565
|48

A Case Study on Kraft Foods Assignment
|25
|4940
|82

Managing a Successful Business Project : Nestle
|34
|7559
|133

Managing a Successful Business Project - Nestle Assignment Sample
|37
|6636
|52

Managing a Successful Business Project Assignment: Nestle
|26
|5342
|90