Managing Small Business Project Research Aim

Managing Small
business project

Table of Contents
TOPIC: “How do multinational companies improve the recruitment, selection and training of
their employees to meet International requirements? .....................................................................1
INTRODUCTION...........................................................................................................................1
P1 Project aims and objectives for the research ....................................................................1
Research Aim ........................................................................................................................1
Research Objectives ..............................................................................................................1
Research Questions ...............................................................................................................2
P2 Project management Plan .................................................................................................2
P3 Work breakdown structure Gantt chart ...........................................................................3
TASK 2............................................................................................................................................6
P4 Small scale research .........................................................................................................6
TASK 3 ...........................................................................................................................................7
P5 Data interpretation and analysis .......................................................................................7
P7 Reflection .......................................................................................................................13
RECOMMNEDATION.................................................................................................................13
REFERENCES .............................................................................................................................15
APPENDIX....................................................................................................................................16

TOPIC: “How do multinational companies improve the recruitment, selection
and training of their employees to meet International requirements?
INTRODUCTION
Globalisation is defined as the the dispersion of service and industrial activities and
starting business in other countries using various strategies like joint venture, franchisee, etc.
Globalisation is a process that is integration of various economies. Globalisation is important for
every company to operate at international level as there is more opportunity in international
market and business can make more profit. In the following research the company which is
chosen is Nestle. This is a Swiss multinational drink and food company that is a multinational
company serving across the world. The headquarters of Nestle are situated in Switzerland. Nestle
was formed in 1905 by the merger of Anglo Swiss Milk company. This research includes aims
and objectives and a project management plan. Data analysis and interpretation is given which is
used for making effective results.
TASK 1
P1 Project aims and objectives for the research
Globalisation is an aspect that is related to integration of products, services and goods.
Recruitment and selection are two important factors that are important for growth and
development of any organisation. When a company is working at an international market it is
important for the company to have skilled and knowledgeable workers who can achieve the goals
and objectives of the company in given time frame. In context of Nestle, it is seen that they want
to hire new talents who can work in their company and achieve the benchmarks of profit set by
company. The aim, objective and research questions of this project are given below -
Research Aim
“To study the standard of recruitment, selection and training of workforce in order to fulfil the
International requirements by multinational entities - A case study on Nestle”
Research Objectives
 To understand concept of globalisation and recruitment process
 To determine the impact of globalisation in International markets
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 To analyse the importance of recruitment and selection In Nestle for working at global
level
Research Questions
 What do you understand by globalisation and recruitment process?
 What is the impact of globalisation at International markets?
 What is the importance of recruitment and selection in Nestle for working at global level?
P2 Project management Plan
A project management plan is defined as the plan which is created by project manager for
completing the project effectively. This is created by following inputs from the team of project
and key stakeholders. This is basically a formal and approved document that is made by the
project manager for executing, monitoring and controlling tasks and activities of project. This
plan is used to define approach of project team that is required to accomplish the business
project. The different factors and elements of project management plan are scope, time, quality,
communication, resources and risks. In context of Nestle, the managers and project leaders of
this company have developed a project management plan which is described below -
Cost – The cost of a project is defined as the amount of money required for completing
the project tasks and activities. This is associated with financial resources required for
completion of project. Each and every project team and leader needs a budget for completing
business tasks. Nestle adopts various methods for recruiting, selecting and training of employees
in global business environment. The estimation of cost for this project by the managers of Nestle
is £90000.
Scope – This is a factors of project development plan required for estimating scope
of business project. The main aim and objective of the project is growth and development of
a company. Recruitment and globalisation both are important aspects for success of any
business. In context of Nestle, it is seen that project initiated by this organisation is having a
huge scope as recruiting skilled employees will help in increasing the profits and money
earned by the organisation.
Time – It is important for every project manager to determine time estimated for
completion of project. The project manager decides in how much time or duration project
activities will be completed. In context of Nestle, the time duration estimated by project
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leaders for improving recruitment, selection and training methods of their company is
approximately 7 weeks.
Quality – It is essential for the project managers to use qualitative aspect for
completion of project. If a project is completed in time and effective results are made from
data analysis then project is said to be a quality project. As Nestle wants to improve
recruitment, selection and training method of their company so they have to emphasise on
factors that can helps in achieving this goal in less time. Both online platform as well as
knowledge can be used for completing the project in an effective manner.
Communication - This is an important factor for completion of any project. Every
project manager must have good communication skills so that he can circulate relevant
information and data to all project team members. This will help in making effective
decisions that helps in achieving project goals and objectives.
Risks – Risk is an inevitable in nature and thus it is important for the leaders of
project to ensure that all tasks and activities of project are done in right time. Nestle must
make effective strategies to avoid risk that occurs while conducting the research. There are
several risks involved in project of Nestle such as miscommunication, lack of technology,
less time, accuracy of information and data, etc.
Resources - A project can be successful only when all resources are available with
the project leaders. Nestle must focus on all legal rules and avoid limitations in project. The
resources required in Nestle for completing project are manpower, resources, funds,
communication, technology, etc. The managers and leaders of Nestle must know how to
utilise the available resources in an effective manner and achieve targets of project.
P3 Work breakdown structure Gantt chart
Work Breakdown structure
A work breakdown structure is defined as the method for dividing the whole task of
project into smaller set of activities. This dividing of project task will help in completing the
activities and tasks in an effective manner. A complex project can be divided into smaller tasks
or activities by using the work breakdown structure. Each single unit of project is helpful for
attaining targets and goals of project in specified time frame. Tasks can be managed effectively if
project is divided into small activities. The work breakdown structure for this project is given
below -
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