logo

Managing a Successful Business Project

22 Pages4999 Words89 Views
   

Added on  2021-02-19

About This Document

Toremain competitive as Nestle is an multinational brand name as human resource is one of most precious assets for an Research Aim: “To analyse various ways through which multinational companies can improve recruitment, selection and training of their employees in order to meet international requirements”.

Managing a Successful Business Project

   Added on 2021-02-19

ShareRelated Documents
Unit 6 – Managing aSuccessful Business Project
Managing a Successful Business Project_1
Table of ContentsINTRODUCTION...........................................................................................................................4TASK 1............................................................................................................................................4P1 Project aim and objectives.....................................................................................................4P2 Project Management Plans.....................................................................................................5P3 Work Breakdown Structure and Gantt chart..........................................................................7TASK 2............................................................................................................................................9P4 Research Methodologies........................................................................................................9TASK 3..........................................................................................................................................11P5 Research and data using appropriate tools and techniques..................................................11P6. Recommendation for given research..................................................................................16TASK 4..........................................................................................................................................16P7 Value of undertaking research for meeting objectives and own learning and performance....................................................................................................................................................16CONCLUSION..............................................................................................................................16REFERENCES .............................................................................................................................17
Managing a Successful Business Project_2
TOPIC: “How do multinational companies improve the recruitment, selection and trainingof their employees to meet International requirements”?INTRODUCTIONRecruitment is an chain of activities that conducting after identifying organisational needto give employ an individual by application forms that arrived in an organisation for a particulardesignation. Selection consist of various process involved in which to choose right kind ofapplicant that suitable for a particular designation. Then training refers to kinds of processes tomake sure that individual have potential skills, knowledge and capabilities to reach at desirableoutcomes within an organisation (Bartlett, Doz and Hedlund, 2013.). These all are majorHuman resources activities and the major concern over here that ways by which multinationalorganisations can improve these processes by meet requirement of international standards. Thisreport is based on Nestle which is an Swiss multinational food and drink providers and itsheadquarter is in Switzerland. It is one of the largest food provider in whole world in context ofrevenue since 2014. this research project is based on how an organisation can be enhance of keyHuman resource activities in which recruitment, selection and training with development as perthe international standards. TASK 1P1 Project aim and objectives.For an organisation it is very important to select best and competent staff members thatcan give their full potential (Basu, 2017.). For that organisation uses various kinds of methodsand techniques that helps to attain competent staff members and after selecting candidatesorganisation have to give proper training and development so that they can understand workbehaviour. With help of skilled workforce organisation can be able to operate at global level soin that case importance of recruitment, selection and training enhances in positive way. Toremain always competitive as Nestle is an multinational brand name as human resource is one ofmost precious assets for an Research Aim:“To analyse various ways through which multinational companies can improverecruitment, selection and training of their employees in order to meet internationalrequirements”. - A case study on Nestle.
Managing a Successful Business Project_3
Research Objectives:To analyse requirement of implementing changes in Recruitment, selection and trainingmethods in an organisation. To identify Tools and techniques by which organisation can amend in their present wayof recruitment, selection and training with development.Research Questions:What are the requirement of implementing changes in Recruitment, selection and trainingmethods in an organisation. What can be the Tools and techniques by which organisation can amend in their presentway of recruitment, selection and training with development.P2 Project Management Plans.Project management plan is an written document that used to describe every step orphrase of a project (Doherty, Ashurst and Peppard, 2012.). In project management planencompasses initiating, planning, executing, monitoring and closing. That research project basedon importance of human resource activities and need to bring modification with motive ofmeeting global standards. To examine that concern in better way Nestle have to determine theirscope, cost, risk factor, communication channel, resources and many more that helps in takingimportant decisions at appropriate time.Project Topic: “To adopt various methods for selecting best and competent staff members thatcan be able to meet international standards”?Project aim and objectives: The aim of research project is “To adopt various methods forselecting best and competent staff members that can be able to meet international standards”- Acase study on Nestle. Similarly, objectives of project are:To analyse requirement of implementing changes in Recruitment, selection and trainingmethods in an organisation. To identify Tools and techniques by which organisation can amend in their present wayof recruitment, selection and training with development.Scope: This research project is based on evaluating the ways by which organisation can selectand retain most competent staff members to remain always in leading position at world wide.Nestle is an multinational brand name and serves simultaneously in many countries. In that
Managing a Successful Business Project_4
condition they require most competent staff that can be able to meet international standards. Toaccomplish these objectives organisation have to reform in their existing ways and methods toselect and retain employees so that they can remain always competitive in fierce competitiveworld. It plays very important role in context of Nestle because human resources is one of mostimportant part of an organisation that helps them to give delighted experience to consumers. Communication: Communication is one of important attribute to accomplish a project insuccessful manner. To retain best and competent staff members organisation have to adopt twoway communication method in which higher authority and subordinates can share potentialknowledge and information to right people at right time (Dutta and Bose, 2015.). In context ofNestle to select best and competent staff members organisation have to communicate in theirinternal organisational structure about what kind of skills and capabilities are require for anorganisation to meet international standards. Resources: To reach at objectives and goals of an organisation various kinds of resources suchas tools and techniques, manpower and finance to operate at global level. Sharing of knowledgeand information to right person about potentiality require to operate at international level so thatmajor benefits should be occur and organisation can enlarge business opportunities.Quality: Quality is one of major attributes to gain desirable outcomes. For an organisationqualitative results helps in taking important decisions that ways and methods that helps inselecting and retaining best and competitive staff members (Drucker, 2012.). To measurequality of results some standards should be set such as benchmarking and to reduce wastagevarious techniques should be adopted. By adopting various practices that helps in evaluatingthat results are positive and negative so that accordingly strategies should be framed. Cost: Before conducting research organisation have to evaluate cost that associated with eachand every factor. By evaluating cost organisation can take important decisions that they arecapable to organise that kinds of research or not in proper way. To complete that project Nestlehave to bear 60K Euro by making whole investment of £80 million so for that they have toaccumulate resources from various sources to reap important benefits out of it.Time: Time frame is an important attribute to accomplish goals and objectives at predetermined time period. If organisation fail to attain desirable objectives at right time it createharmful effects on their profitability and sustainability. To conduct research and get reliablesource of information occurs approximately 8 to 10 months and in gaining positive outcome
Managing a Successful Business Project_5
within 6 months.Risk: Risk is an important factor that associated with every object that exist on earth. Beforeconducting research and development it is very necessary to measure the risk factor so thatproper measures to get rid from existing risk in research. By adopting risk mitigation strategiesorganisation can be able to get desirable outcomes without any harmful effects. P3 Work Breakdown Structure and Gantt chart.Work break down structure is a main project that organizes works of a team in differentmanageable sections (Hillson, 2017.). WBS structure helps in dividing complex tasks or projectsinto smaller and manageable way to understand in better way. Majorly project managers availthat method to simplify the projects to execute in better way. It is not restricted to limited sphereswhile apply it but applicable for any kinds of project in research.
Managing a Successful Business Project_6

End of preview

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

Related Documents
Unit 6. Managing a Successful Business Project - Nestle
|25
|5399
|61

MANAGING A SUCCESSFUL BUSINESS PROJECT TITLE 1 INTRODUCTION 1 TASK 11 P1 Project aim and objectives
|27
|6171
|165

Recruitment & Selection Methods in Multinational Companies Assignment
|25
|5665
|78

To study the ways through which multinational companies improve the recruitment, selection and training of their employees to meet International requirements. A study on Nestle.
|28
|6276
|31

Managing a Successful Business Project in Nestle
|24
|5903
|90

Improving Recruitment, Selection, and Training in Multinational Companies - A Case Study on Nestle
|13
|597
|26