Your contribution can guide someone’s learning journey. Share your
documents today.
MANAGING A SUCCESSFUL BUSINESS PROJECT
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
TITLE “How multinational organisations improvise their recruitment, selection and training procedures for employees to attain International requirements? A case study onMarks & Spencer. INTRODUCTION Management of aenterpriseproject in successfulwayis anessentialfactor for a company to gain competitive advantage over rival firms in a successful manner. Timely completion of projectandassociatedactivitiesassuresthathighrevenuesandprofitscanbeattained (Armstrong,Landers and Collmus,2016).In context with business organisations, efficient recruiting, training and selection process help a company in hiring capable employees. This assignment report is prepared in respect with M&S that's a renowned multinational firm, with main office registered in Westminster, London. It is a renowned company which is successfully operating atinternational level providing home product, food itemsand clothesto their customers.This assignment is going to include about different objectives and aim behind this project along with a proper project management plan. Beside this, WBS and Gantt chart is prepared along with data analysis. Also, recommendations are given so that company can get wide advantages from this project. TASK 1 P1 Suitable aim and objectives for concerned project Background of report: The maintargetof initiating this project is to identify if improvements in the hiring, selecting and training procedures of company can benefits them in meeting international needs or not. For this project, selected company is M&S which is successfully performing their business operations in global context.Concerned organisation is further thinking of expanding their business in international market so they are carrying out modifications in their training, recruitment and selection procedures. Thisis going to assistthe company in hiring right candidate so that business goals can be attainedproperly. 1
Aim: “To determine advantages of improvements in training,recruitmentand selecting processes ofworking staffto attain international standards”. Acase studyonMarks & Spencer. To carry out some improvements in their training, selection and recruitment processes, M&S is going to train their employers and adopt some methods. In these methods, different activities and tests will be performed which will benefits the company in recruiting and selecting only those candidates which are capable to perform organisational work in a systematic manner. Other than this aim of company is to carry out improvements in on the job and off the job training. By this, skills of employees can be improved considerably. This all is going to help M&S in achieving their aim of earning high revenues and objectives in a timely & efficient manner. Objectives: Todetermineconcepts related with globalisation,recruiting, training and selection. To acknowledge the benefitsof appropriateselection, training and recruitment processes of M&S. To identifyadvantages of recruitment procedures inmeeting requirements at international level. Questions: What do you acknowledge by globalisation,recruiting, training and selection? What arethebenefits of appropriateselection, training and recruitment processesof M&S? What is the advantage of recruitment procedures inmeeting requirements at international level? P2 Project management plan involving factors of risks, communication, time, scope, quality, resources and other aspects Management plan for a project can be stated as an officialdocumentthatis formulated by a project manager so that project activities can be control and monitoredin appropriate context. This is defined as a document which involvesdifferent project planningdocuments and baselines. For project started by M&S, PMP is stated below: Cost :It is depicted as the money which is required by a company so that project operations and activitiescan be performed inspecificand timely manner. It involves the 2
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
monetary value of material, human efforts and other resources which will be needed to accomplish project. In relation with M&S, needed cost by company is 3000 pounds. Incontext with the researcher, required cost for working on project is 120 pounds(Chang, Walters and Wills, 2013). Scope:For M&S, scope ofconcerned projectis very large as itassiststhe company in hiringcapable employees which will advance their capabilities further by getting appropriate training. This will help M&Sin becalming market leader in global context.Also, Scope of research is high as knowledge of the researcher is going to enhance while working on this project which will assists in attaining high growth in future. Time:It is stated as total time that is needed by project team and manager to accomplish project in a proper manner. Company has estimated time period of 5 months to complete this project whereas researcher needs a time period of 4 weeks to gather all the required information for this research by self exploration and collecting opinion of respondents. Quality:It isstates as efficiencyof project activities and operations so that standardised results can be acquired. In context with M&S, company is needed to use advance technology and tactics so that skills of employees can be improved considerably(Fageha and Aibinu, 2013). By this project will be accomplished with high quality work. In case of researcher, by using tactics likeinterviews,observation,questionnaire,highqualityandrelevantinformationcanbe collected so that research can proceed effectively. Communication:This is explained as the way through which individuals associated with project team can interact to share all details and information of project. In relation with M&S,project manager can communicate with team members and other persons through web conferencing, video conferencing, voice call, e-mails, phone conversations, SMS etc. From researcher's perspective, appropriateinteraction tools aresocial media,phone calls, SMS,e- mails. Risk:These are depicted as the issues and uncertainties which can act as a barrier in the success of a project.Different risks can be acknowledged by M&S while workingon this project. Some of these risks are lack of funds, culture difference, language barrier etc. other than this, main risk whichare identified byresearcher for thisworkis lack of skills and money, time mismanagement and shortage of informatory sources etc. 3
Resources:It includes those elements which are needed by a company so that activities associated with project can be performed with full efficiency. In case of company, main resources which are required is modern technology, skilled employees, proper investment and funds(Glukhov, Ilin and Levina, 2015 ). From perspective of researchers, major resources which are needed is money, internet, books, Journals, etc. P3 Gantt chart and WBS to formulate timelines and stages of project completion Work breakdown structure WBS is aprocessthat benefits in dividing a large and complex project intosmall sections which can be easily managed. This is a structure which aims to bifurcate large projects into small parts in accordance with their priority so that important tasks can be accomplished first. WBS will benefits M&Sin performing their project activities in an organised manner so that high efficiency can be maintained(Scott, Ditroilo and Marshall, 2017). 4
Gantt chart 5
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
This Gantt chart is described as a visualchart which defines the start and ending of a projectsystematically. It is referred as a graphical representation of a project that includes several tasks, resources, milestones and dependencies associated with project.By using this graphical chart,manager in M&Scan acknowledge the time they are required to spend on a single activity(Springer, Lee and Deng, 2013). 6
TASK 2 P4 Perform a research by implementing quantitative and qualitative research tactics Research methodology is described as process that helps a researcher in performing research activities in a specific order. Due to this, high resultsareattainedin accordance with time.This methodologyis going to benefitthe researcher in taking right decisions so that satisfactory outcomes can be achieved. 7
Qualitative research:It is referred as a naturalistic inquiry which benefits a researcher in acknowledging social phenomena in systematic order. Under this research methodology, informationanddataisgatheredthroughconversationalcommunicationandopenended questions. Techniques involved in this method are observations, questionnaire, focus groups etc. Quantitative research:In thisresearch method, various numerical information, facts and dataare converted into statistics so that information can be collected in an organised way. Researcher can use mobile phone, paper surveys, structured interviews to gather needed information. Here opinion of respondents are quantified so that relevant facts can be collected (Martini, Pareto and Bosch, 2013). Primary method:Thisis a technique to collectinformation in which new or raw facts and dataare collected via interacting with respondents. This method of data collection involves techniques like interviews, telephonic conversation and questionnaires. Secondary method:Under this method to collect data, information is collected via already existing resources. In this kind of method, researcher gathers facts and informationby usingmagazines, journals, books, internet etc. Inrelation to this research, secondary data is going to be concentrated throughbooks and internet(Springer, P., 2015). Research sample:Sample for research is referred as a group which are selected from millions of population so that their opinions can be acknowledge about a topic. To perform this research, 50 respondents are selected on random basis. For this research, researcher has use questionnaire method to collect data. Out of 50 people, 35 individuals are customers and other are employees in Nestle. employees. 8
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
Questionnaire Q1)Did you acknowledgeconcepts linked with recruitment, selection, training and globalisation? A)Yes B) No Q2) Do you believe appropriate recruitmentactivitiesassists firms inattaining higher success? A) Yes B) No Q3) Do youbelieve globalneeds can met by M&S byadopting efficientrecruitment methods? A) Yes B) No Q4) What is the main merit for M&S while internationalising their business? A) Enhanced profits B) Talented staff C) Increased brand reputation Q5)WhatkindofemployeetrainingwillhelpM&Sinenhancingcapabilitiesof workforce? A)Job training in working hours B) Job training after working hours Q6) Recommend several ways to deal issues faced by M&S while improving their training, selection and recruitment processes.... Quantitative question Q1) How improvement in recruitment process helps M&S in competing at international market? A) Meeting needs of customers desirably B) Attaining high profits 9
Q2) What is the main issue faced by a firm during globalisation of business? A) Lack of capital B) Shortage of talented staff C) Language barrier Q3)How improvements in selection of influence functionality of M&S in earning business objectives? a)Achieving high revenue b) Improved reputation of organisation Qualitative QuestionnaireFrequency Q1)Didyouacknowledgeconceptslinkedwithrecruitment, selection, training and globalisation? A)Yes43 B) No7 Q2) Do you believe appropriate recruitment activities assists firms in attaining higher success? Frequency A) Yes35 B) No15 Q3) Do you believe global needs can met by M&S by adopting efficient recruitment methods? Frequency A) Yes36 B) No14 Q4) What is the main merit for M&S while internationalising their business? Frequency A) Enhanced profits19 B) Talented staff15 C) Increased brand reputation16 10
Q5) What kind of workforce training will assists M&Sin enhancing capabilities of workforce? Frequency A) Job training in working hours30 B) Job training after working hours20 Quantitative questionnaire Q1) How improvement in recruitment process helps M&S in competing at international market? A) Meeting needs of customers desirably B) Attaining high profits Q2) What is the main issue faced by a firm during globalisation of business? A) Lack of capital B) Shortage of talented staff C) Language barrier Q3)How improvements in selection of influence functionality of M&S in earning business objectives? a)Achieving high revenue b) Improved reputation of organisation TASK 3 P5 Analysedata and factsby using appropriate techniques and tools Theme 1:Concepts linked with recruiting, selection, training and globalisation 11
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Q1) Did you acknowledgeconcepts linked with recruitment, selection, training and globalisation? Frequency A)Yes43 B) No7 Interpretation:In accordance with depicted picture, Out of the total of 50 respondents, 43personsacknowledge the factswhich are linked withtraining, globalisation, recruitment and selection. Other 7 people do not have any idea about this concept. Theme 2:Appropriate recruitment procedures assists firms in achieving high success Q2) Do you believe appropriate recruitmentactivitiesassists firms in attaining highersuccess? Frequency A) Yes35 12 A)YesB) No 0 5 10 15 20 25 30 35 40 45 43 7 Frequency
Q2) Do you believe appropriate recruitmentactivitiesassists firms in attaining highersuccess? Frequency B) No15 Interpretation:As per shown graph,this can be acknowledgedthat from 50 people, 35 persons are in favour that recruitment process helps in attaining high success whereas other 15 individuals have different opinion regrading this. Theme 3:International needs can met by M&S by improving recruitment methods Q3) Do youbelieve globalneeds can met by M&S byadopting efficientrecruitment methods? Frequency A) Yes36 B) No14 13 A) YesB) No 0 5 10 15 20 25 30 35 35 15Frequency
Interpretation:As per shown bar picture, from 50 respondents, 36 persons are in favour thatinternational demands of customers can be accomplishedby improving recruitment process whereas other 14 people do not feel same. Theme 4:Main merit for M&S while internationalising their business Q4) What is the main merit for M&S while internationalising their business? Frequency A) Enhanced profits19 B) Talented staff15 C) Increased brand reputation16 Interpretation:In context withdepicted picture,it is identified that from the total of 50 individuals, 19 respondentsconsidersinternationalising business assist in increased profits. 15 14 A) Enhanced profits B) Talented staff C) Increased brand reputation 0 2 4 6 8 10 12 14 16 18 2019 1516 Frequency
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
respondents believes it will helps in working with talented staff and other 16 people feel this will assists in increasingbrand reputation. Theme 5:By different workforce training capabilities of workforce are increased Q5) What kind ofworkforce training will assistsM&S in enhancing capabilities of workforce? Frequency A)Job training in working hours30 B) Job training after working hours20 Interpretation:As per the opinion of 50 people, 30 persons feels on job training is the best way to improve the working abilities of employees whereas other 20 people thinks that best way to train employees is off job training. 15 A) On the job trainingB) Offthe Job training 0 5 10 15 20 25 30 30 20 Frequency
Quantitative questions Q5) How improvement in recruitment process helps M&S in competing at international market? FactorExplanation A) Meeting needs of customers desirablyBy improving the recruitment methods of company likeinternalandexternalways,onlyskilled employees will be the part of company. Due to this, fulfilling the requirements of consumers in a proper manner will be easier. B) Attaining high profitsDue to improvements in recruiting, efficient and skilled employees will be selected by company. By this, working productivity of company will improve and attaining high profits will be attainable. Q6) What is the problems faced by a company during globalisation of business? FactorExplanation A) Lack of capitalDue to the shortage of funds and finance, M&S can face issue while internationalising in a new country. Shortage of capital can hinder business operations considerably. 16
Q6) What is the problems faced by a company during globalisation of business? B) Shortage of talented staffDue to lack of skilled and talented employees, M&S can face difficulties while operating in a new region. C) Language barrierThis is another barrier which can be faced by M&S whileglobalisinginanewcountry.Dueto unfamiliaritywithlocalandnationallanguage, company will face issue in developing a bond with potential customers of company. This can restrict the popularity of company in international market. Q8)How improvementsin selectioninfluence functionality of M&Sin earning business objectives? FactorsExplanation a)Achieving high revenueDuetoselectionofonlycapableandtalented individuals, all work of organisation whether simple and complex will be performed in a challenging way. Due to this, advantage over rival companies will be gained which will assists in achievement of high revenues. b) Improved reputation of organisationAs efficient employees will be selected by company, customers will be served in more efficient manner. This will benefits the company inimproving their reputation in both national and international markets. 17
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
P6 Mention desired recommendations after research & data analysis to attain meaningful conclusions As per above carried out data analysis, there are some facts and information which can be recommended to the management and manager in M&Sso that they can achieve high growth while operating in international market. Some of these recommendations are given below: Manager of the organization is recommended to adopt bothduring job and after job training techniques to improve the working potential of staff. This will help M&Sin having access to capable working staff. Business owner in M&Sis recommended to train their recruiters on regular basis so that only capable and deserving candidates can be hired as employees. M&Sis given the recommendation of adopting modern technology and investing high in business so that training of employee can be performed smoothly. CONCLUSION As per above discussed report, it can be concluded that managing a project successfully is important for a firm to achieve high profits. Aims and objectives of project species a target which is needed to be achieved by a company. With the help of activities like Gantt chart, WBS and data analysis, important work and information can be accessed in a systematic manner. By adopting given recommendations like investing high in training etc. a company can meet international requirements properly. TASK 4 P7Reflectionon different valuesidentified duringresearch to gain expected objectives To gatherrequired facts andknowledge, I have used both secondary and primary techniques. This benefits me in getting relevant data in a simplified manner. By performingthis specific research, I was able to acknowledge the merits of improved recruitment, training and selectionprocessinsuccessoforganisation.Whileworkingonthisresearchwastime management and communication skills. I have faced issues because of lack in analytical and research skills along with shortage of funds. By overcoming these issues, I was able to accomplish research on time and achieve high results. CompetencyWays by which I developed inBenefitsoffurther 18
this fieldimprovements in this field Analytical skillsI have developed by analytical skills by observing people near me,readingbooks,asking queries and practising hard to improve my problem solving skills. This skill will benefit me in takingrightdecisionsand resoling issues of team mated while working in a group so thateffectiveresultscanbe gained. Research skillsThese skills can be developed byperformingatargeted internet search, reading about a topicfromdifferentsources likebooks,articles,journals etc. Itwillhelpmeingathering onlyrelevantdatasothat effectiveness of my work can increase and I can achieve wide experiencesforfuturistic growth. REFERENCES Books and Journals Armstrong, M. B., Landers, R. N. and Collmus, A. B., 2016. Gamifying recruitment, selection, training,andperformancemanagement:Game-thinkinginhumanresource management. InEmerging research and trends in gamification(pp. 140-165). IGI Global. Chang, V., Walters, R. J. and Wills, G., 2013. The development that leads to the Cloud Computing Business Framework.International Journal of Information Management. 33(3). pp.524-538. Fageha, M. K. and Aibinu, A. A., 2013. Managing project scope definition to improve stakeholders’participationandenhanceprojectoutcome.Procedia-Socialand Behavioral Sciences.74.pp.154-164. Glukhov, V. V., Ilin, I. V. and Levina, A. I., 2015, August. Project management team structure for internet providing companies. InConference on Smart Spaces.(pp. 543-553). Springer, Cham.Keil, M., Lee, H. K. and Deng, T., 2013. Understanding the most critical skills for managing IT projects: A Delphi study of IT project managers.Information & management. 50(7). pp.398-414. 19
Martini, A., Pareto, L. and Bosch, J., 2013, June. Improving businesses success by managing interactions among agile teams in large organizations. InInternational Conference of Software Business(pp. 60-72). Springer, Berlin, Heidelberg.Patanakul, P., 2015. Key attributes of effectiveness in managing project portfolio.International Journal of Project Management.33(5). pp.1084-1097. Scott, D. J., Ditroilo, M. and Marshall, P. A., 2017. Complex training: the effect of exercise selection and training status on postactivation potentiation in rugby league players.The Journal of Strength & Conditioning Research.31(10), pp.2694-2703. Špundak,M.,2014.Mixedagile/traditionalprojectmanagementmethodology–realityor illusion?.Procedia-Social and Behavioral Sciences. 119.pp.939-948. Young, T. L., 2016.Successful project management. Kogan Page Publishers. Kendrick, T., 2015.Identifying and managing project risk: essential tools for failure-proofing your project. Amacom. Buttrick, R., 2018.The project workout: The ultimate guide to directing and managing business- led projects. Routledge. Wen, Q. and Qiang, M., 2019. Project Managers’ Competences in Managing Project Closing. Project Management Journal.50(3). pp.361-375. Online Whatisaprojectmanagementplan?.2016.[Online].Availablethrough: <https://www.4pmti.com/blog/project-management-plan/> 20
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
Appendix 1 ProjectLogbookforthechosen organisation: Name of the learner:Name of the Supervisor: ProjectTitle:“Howdomultinational companies improve the recruitment, selection andtrainingoftheiremployeestomeet Internationalrequirements?Astudyon Nestlé. Date: Update of weekly research/ tasks achieved (Account for a minimum of six weeks with dates)What have you completed? Did you fulfil Task requirements? Are you on track and within deadlines set? Did you need to make any changes to your project management plan? Comments Ihaveworkedondeterminingif improvementfortraining,selectionand recruitment will be done whether it assists in achieving international requirement. Yes yes,my work is on right track No Any risks and / or issues identified?Did you identify risks/issues with a lack of skills required for undertaking research tasks? My analytical and research skills are weak
Did you identify any additional risks/issues thathaveanimpactontheproject management plan? No, I did not face 2
Problems encounteredWhat barriers did you face? How did you overcome them? Lack of money I have taken help from my parents, tutor and friends New Ideas and change of project directionNo What Have I learnt about myself this week?How did I feel when I had to deal with tasks/problems? Did I find it useful to complete the tasks?How well have I performed? What did I contribute?What can I improve on next week?How might this learning apply in the future? I feel very bad and my motivation level was low. Yes, this benefits me in learning the right way to conduct research I have delivered by best performance Myskills to perform research efficientlycan be improved more next week. Itwillassistsmeinperformingfuture research Tasks planned for next weekWhich tasks are priority? Have you set aside sufficient time for completion? Gathering of Data and analysing it By formulating a time schedule Project plan status to date (on, ahead, behind) Supervisor comments to address 3
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Signature of the Supervisor and date: Performance Review What was the project supposed to accomplish? Research is performed to identify if improvement in procedures like recruitment, training and selection allow a company to attain success in global market or not. Did the project succeed in its aims? How do you know? Specifically, please outline any evaluation and assessment undertaken. Yes,various objectives and associated aim for this project are attained. To evaluate them questionnaire is prepared. What things do you think worked well and why? Evaluate all aspects of the project (e.g. initial inception, project activities and project outcomes) from a range of perspectives. Collection of required data and analysing works well because of systematic questionnaire filling by employees and customers. Different work done in project wascreating objectives and aimsforproject,workinginaccordancewithProjectManagementPlan,formulating questionnaire and analysing of data. What problems emerged during the project and how were they tackled? Was there timely identification of issues and resolution during the project process? Lacking inanalytical and research skill was faced.To overcome this issue, I have used internet, read books and watch online sessions. What did you learn from undertaking the project? I have acknowledge appropriate method to recruit, select and train workers so that productivity of company can increase. How would you rate your performance as project manager? 4