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Managing Successful Business Project- Purpose and Objectives

   

Added on  2021-02-20

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Table of ContentsTOPIC: “The way in which multinational organisations improve Human Resource activities formeeting global requirements.” ........................................................................................................3INTRODUCTION ..........................................................................................................................3TASK 1............................................................................................................................................3P1: ..........................................................................................................................................3P2:...........................................................................................................................................4P3: ..........................................................................................................................................5TASK 2............................................................................................................................................8P4: ..........................................................................................................................................8TASK 3..........................................................................................................................................11P5: ........................................................................................................................................11P6: ........................................................................................................................................20P7: ........................................................................................................................................21Conclusion.....................................................................................................................................21REFERENCES..............................................................................................................................22APPENDIX I.................................................................................................................................24APPENDIX II................................................................................................................................26Template for Performance Review to be attached with the report by the learner:........................26
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TOPIC: “The way in which multinational organisations improve Human Resourceactivities for meeting global requirements.” INTRODUCTION Globalisation can be defined as an procedure to interact and integrate among enterprises,people and government worldwide (Globalisation, 2019). Behind the success of every enterprise,its the people that play a vital role . It is very important for an organisation to recruit and selectefficient employees and provide the appropriate training. Nestle is a multinational organisationthat deals with dairy products, tea, coffee, chocolates, etc. The recruitment and selectionprocedure of this enterprise is appropriate because of which is the reason behind its success. Inthis report, purpose and objectives of this project is included and a project management plan isformulated that covers cost, quality, time, scope, communication, risk and resources. This reportalso covers WBS structure and Gantt chart, small scale research, analysation of research and datausing appropriate tools and techniques. It also covers recommendations that can be made andreflection on value of undertaking research is also mentioned in this report.TASK 1P1: BackgroundGlobalisation plays a significant role in development and growth of an enterprise and inexpanding its market share (Thomas and et. al., 2018). Nestle is among the leading food sectorthat deals with dairy products, chocolates, tea, coffee, etc. that has expanded its products acrossborders. Nestle believes that for the success of a business at global level, human resource is moreimportant than materialistic resources. For this purpose, this organisation keeps on improving itsHRM practicesfor hiring efficient employees. This improved HR practices will help thisorganisation to have more efficient employees that will help this firm to increase its overallproductivity. There are certain aims and objectives towards importance of improvement inrecruiting, selecting and training employees.AimsThe aim of this report is, “To identify the way in which global companies improve theirHRM practices for employee development to fulfil global requirements.” A case study uponNestle.
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For the overall success of a firm, it is very important for it to apply appropriaterecruitment, selection and training procedures. The success of an enterprise at multinational levellies in the hands of people working under such organisation and for this purpose, it is veryimportant for an organisation to hire efficient and effective employees to meet overall objectivesof an organisation.Objectives:To identify role of HRM practices for employee development. To examine the areas in HR policies that NESTLE need to improve to meet globalrequirements.To identify challenges that Nestle can face while developing its employment policies. Questions:How Nestle can make alterations in its HRM practices to run business successfully atglobal level? P2:Project management plan is determined as a document which is utilised to elaborate allphases of a project. It includes plan, control, execute, monitor, initiate and closing of a project. Itdefines the guidelines in accordance with a time taken to complete a task and all the activitiesthat take place while completion of a project (Rezvani and Khosravi, 2018).Nestle is one of the top multinational organisation that deals with various products likedairy products, tea, coffee, chocolates, etc. at international level. This firm is successful in allaspect because it has effective employees that work in an efficient manner. This organisationbelieves that the basic asset of an enterprise is its employees and not the materialistic things. Thisis the reason why Nestle hire appropriate employees by using proper recruitment and selectionprocedure and then by providing training to these employees (Schiuma and Carlucci, 2018).There are certain ways by which this enterprise can improve its human resource practices and forthis purpose a project management plan is prepared that includes-Cost- It is known as an amount that is needed by project manager in order to execute aparticular project. It can be defined as a budget and estimate that is set up by researcherfor execution of a project. For this project, the cost taken in £100. Total Forecasted BudgetParticularsAmount
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Advertisement Expenses£ 50Promotional Expenses£ 30Technology Implementation Cost£ 20Total£ 100Time- It is a duration and period which is required to complete the project and achieve itsoverall objectives. The project manager need to execute the task within a given timeallotted. For executing this project, the time required is 8 months.Quality-It can be defined as a standard quality that should be maintained for executing aproject. Project manager needed to accomplish a specific research that should be of goodquality and meet the objectives at the same time.Risk-It is a kind of loss that is uncertain to an enterprise that has bad impact overobjectives and aims of project. Researcher need to take into consideration these risks andshould not avoid it. Proper plans should be made in order to eliminate these risks anduncertainties for smoothly executing this project (Biemans, 2018).Communication- It can be defined as a mode or method to exchange ideas, opinions andviews among people that are related to this project. Project manager can use both writtenand oral mode of communication to communicate with its team members and clientswhich will enhance visibility of this project.Scope- It can be determined as steps and processes that is utilised by researcher to makesure that project includes all activities and tasks to execute it. The researcher by using thisresearch can open up certain opportunities for future and can enter into the field ofhuman resource management. Resource- It can be defined as an stock and supply of money, staff, materials and otherassets that can be drawn by researcher to function research effectively. For this research,various resources like technical ,financial, physical and human resource are taken intouse.P3: Project management tools are used by researcher to plan, formulate and delegate work atone place with workflows, calendars, tasks, subtasks and so on. These tools and techniques areused by researcher to provide time frames in order to complete this project (Kasim, Haracic and
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Haracic, 2018). There are certain project management tools like Gantt chart and WBS structurethat is discussed in detail as follows-Gantt Chart-It is founded by Henry Gantt, can be determined as a type of bar chart that is required forillustration of a project schedule. It demonstrates the relationship of dependency between presentscheduled status and activities. It lists out all the tasks and activities that is needed to beperformed on basis of vertical axis and time intervals on horizontal axis. This tool is utilised tocontrol production and to make sure that work should be done on time which will facilitatemanagement. Nestle can use this technique of project management aims to illustrate the way inwhich project will run. It will help in viewing individual tasks, their durations, and sequence ofthese tasks. It will also help in controlling production by making sure that completion of taskshould be on time.
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