Managing Successful Business Project - Marks and Spencer PLC
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This presentation focuses on the evaluation of recruitment, selection and training practices of Marks and Spencer PLC in meeting international requirements and gaining competitive edge in India. It includes the current trends, challenges, and recommendations for implementing effective HR policies.
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MANAGING SUCCESSFUL BUSINESS PROJECT MARKS AND SPENCER PLC
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INTRODUCTION PrimaryandSecondaryaretwomajorclassificationincollectionofdata.When researcher aggregate the data by own efforts is called as primary data such as interview, survey, observation, on the contrary, when data is collected through another sources like books, articles, dairies and journals is called as secondary data. In this present research, scholar has collected data from both the sources. Interview is conductedforcollectingthedataonrecruitment,selectionandtrainingpractices undertaken by retail sector firms with regards to meeting international requirements and getting competitive edge in India. Researcher has used qualitative techniques to analyse the data where researcher has prepared check list for interview questions and evaluate the outcomes.
AIM AND OBJECTIVES Aim: To evaluate recruitment, selection and training practices undertaken by retail sector firms with regards to meeting international requirements and getting competitive edge in India: A study on Marks and Spencer”. Objectives: To identify the current trends of recruitment, selection and training. To determine the impact of HR policies on the competitive benefits of Marks and Spencer over its competitors in India. To assess the challenges faced by Marks and Spencer in recruitment and selection of employees in hots country. To provide recommendations for implementing effective HR policies within organisation to gain competitive advantages.
Theme 1: Majority of managers are aware of current trends of recruitment, selection and training. 2. Do you think, your organisation is meeting international requirements in terms of recruitment, selection and training? HR Manager 1:Yes, our organisation is meeting the international requirements very effectively as we adopt current trends which attracts skilled and knowledgeable candidates in our organisation. In terms of training, we provide high level of training by calling experts, so our workforce is able to meet the global demands. HR Manager 2:I am not sure about my answer but, frankly speaking, I knew that our company tends to focus highly in recruitment and selection of candidates as well as training to employees. HR Manager 3: Yes, I am dam sure that our organisation is very well aware of the current trends like inbound recruiting, talent pool, Experts digitalised training for which we are able to meet the international requirements. HR Manager 4:No, I don't think our organisation is able to meet the international requirements as organisation provides expert training and all that but not on regular basis so that employees are not aware of current trends of market.
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Theme 2:Marks and Spencer is meeting international requirements in terms of recruitment, selection and training 2. Do you think, your organisation is meeting international requirements in terms of recruitment, selection and training? HR Manager 1:Yes, our organisation is meeting the international requirements very effectively as we adopt current trends which attracts skilled and knowledgeable candidates in our organisation. In terms of training, we provide high level of training by calling experts, so our workforce is able to meet the global demands. HR Manager 2:I am not sure about my answer but, frankly speaking, I knew that our company tends to focus highly in recruitment and selection of candidates as well as training to employees. HR Manager 3: Yes, I am dam sure that our organisation is very well aware of the current trends like inbound recruiting, talent pool, Experts digitalised training for which we are able to meet the international requirements. HR Manager 4:No, I don't think our organisation is able to meet the international requirements as organisation provides expert training and all that but not on regular basis so that employees are not aware of current trends of market.
Theme 3: Current trend of recruitment, selection and training. 3. What are the current trends you focus on the recruitment, selection and training. HRManager1:Employmentbranding,inboundrecruiting,talentpool,Experts digitalised training as these are the current trends which I focus on recruitment, selection and training. HR Manager 2:Yes, I am aware of current trends like social media recruiting which I think one of the best way to focus on recruitment, selection and training, rather I don't know any other way to hire candidates. HR Manager 4:No, I am not sure about any the current trends.
Theme 4: HR policies of Marks and Spencer gain the competitive advantages over the competition in India 4. Do you think, the HR policies of Marks and Spencer gain the competitive advantages over the competition in India? HR Manager 1:Yes, I think HR Policies of Marks and Spencer gain the competitive advantaged over the competition in India. HR Manager 2:No, In my opinion, HR policies need to be improve as per the current tends. HR Manager 5: Yes, Definitely, Marks and Spencer is giving cut-throat competition in the Indian market.
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Aware about the employment legislation of India and your company is following accordingly 5. Are you aware about the employment legislation of India and your company is following accordingly? HR Manager 2:Yes, Marks and Spencer is very well aware of employment legislation and do focus on ethical practices. HR Manager 5:I am not sure as I am from outside India and newly recruited in Marks and Spencer. HRmanager4:Yes,definitely,weworkaccordingtoframeworksetbyIndian government.
Challenges faced in recruitment and selection of employees in India 6. What are the challenges you faced in recruitment and selection of employees in India? HR Manger 1:Yes, organisation faced lack of understanding between hiring managers and recruiters. HR Manager 3:Lack of performance management. HR Manager 4:Not sure.
Suggestion from Managers 7. What according to you suggest on improving the HR policies of Marks and Spencer so that they can meet the internation requirement as well as gain competitive advantages? HR Manger 1:Should use advance technologies. HR Manager 3:Should invest of R&D for better skills. HR Manager 5:Not sure.
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Recommendations From the above analysis, researcher has evaluated various things which is beneficial for organisation, thus, scholar is providing some recommendations to company for better HR policies within organisation which are as follows- Marks and Spencer should focus on aligning the HR policies with business strategy so that the requirements of company could be fulfilled (Deresky, 2017). Marks and Spencer should invest in R&D so that they could be aware of currents trends of recruitment, selection and training. HR managers should use advance technologies to hire better skills and knowledgeable employees. Further, HR manager should provide training on regular basis so that workforce become skilled which could results in meeting the international requirements.
CONCLUSION The above report comes to the conclusion that recruitment, selection and training practices undertaken by retail sector firms with regards to meeting international requirements and getting competitive edge in host country is very important for organisations. The impact of HR policies is vital on gaining the competitive befits in the market. Further, company operates in any other nation they face various benefits and challenges in managing HR policies because every nations have their own criteria