Managing A Successful Business Project - Nestle Company
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Added on 2021-02-19
Managing A Successful Business Project - Nestle Company
Added on 2021-02-19
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Managing aSuccessful BusinessProject
Table of ContentsTitle: “To improve the recruitment, selection and training of their employees to meetInternational requirements in context of multinational companies- A case study on Nestle”.........3INTRODUCTION..................................................................................................................3TASK 1............................................................................................................................................3P1 Devise project aims and objectives for a chosen scenario................................................3LITERATURE REVIEW................................................................................................................4P2 Produce a project management plan..................................................................................5P3 Produce a work breakdown structure and a Gantt chart....................................................7................................................................................................................................................8TASK 2..........................................................................................................................................10P4 Carry out small-scale research by applying qualitative and quantitative research methods...............................................................................................................................................10TASK 3..........................................................................................................................................13P5 Analyse research and data using appropriate tools and techniques................................13P6 Communicate suitable recommendations as well as effective conclusion......................21TASK 4..........................................................................................................................................21P7 Reflect on the value of undertaking the research to meet stated objectives....................21CONCLUSION..............................................................................................................................22REFERENCE.................................................................................................................................24Books & journals..................................................................................................................24
Title: “To improve the recruitment, selection and training of their employeesto meet International requirements in context of multinationalcompanies- A case study on Nestle”INTRODUCTIONIn today’s developing world, globalisation refers to one of the most importantelement. According to this process, organisations mainly focusing on integration andinterconnectedness of different large scale organisations in order to expand the business atinternational level. Globalisation is a key factor which helps in connecting different countries aswell as with individuals around the world (Baker, 2014). Nestle is chosen as the base company inthe present report. Its headquarter is located in Switzerland and deals in various food and drinkproducts. The present report includes a discussion about positive as well as negative impact ofglobalisation on the business organisation along with its operational functions. In addition to this,by considering the scenario of Nestle, scholar have developed some aims and objectives. At theend of this report, discussion about work breakdown structure as well as gantt chart along withquestionnaire and its interpretation are going to be covered. TASK 1P1 Devise project aims and objectivesforachosenscenarioIn today's competitive world, globalisation is one of the most important part for everybusiness organisation. It will aid in connecting people with each other across the whole wideworld. Business organisations who adopted this method leads to enhancement of itsprofitability as well as performance of the company at global level. In context of Nestle,managers chose the option of globalisation. Therefore, Nestle collect huge amount of fundsand resources in order to expand its business functions at international level. Background of the research :Globalisation refers to a process which aid the company in order to increase itsperformance and profitability at the global level in this competitive market place. Apartfrom this, globalisation is a concept which aid the companies in order to expand its businessfunctions (Baker, 2016). In the present context of Nestle, it has been determined thatglobalisation provides various benefits to the company which includes enhancement in
productivity, performance and profitability. Major aim behind conducting this research is toanalyse the consequence of globalisation. Also with the help of globalisation managers useupgraded technologies in order to perform their operational functions in an effectivemanner. Apart from this, it will aid the company in order to increase its profitability. Aim: “To improve the recruitment, selection and training of their employees to meetInternational requirements in context of multinational companies- A case study on Nestle”Objectives of the research: To identify the concept of globalisation while recruitment and training of employeesat Nestle.To evaluate main benefits of training and recruitment on overall business functionsof Nestle .To determine the major challenges of entering into global markets faced by Nestle .Questions:How to identify the concept of globalisation while recruitment and training ofemployees at Nestle.What are the ways to evaluate main benefits of training and recruitment on overallbusiness functions of Nestle .What are the ways to determine the major challenges of entering into global marketsfaced by Nestle .LITERATURE REVIEWRecruitment: As per the thought of Nicholson, Schwirian and Groner, (2015)it has beenobserved by the researcher that it is a practice carried by every organisation in order to hirepotential and skilled candidates in their company. It is a process where managers attract largenumber of applicants and choose best and suitable candidates for the organisation. For thismanagers adopt different techniques such as internal recruitment, talent search, onlineplacements and many more. Selection: On the basis of perception of Hares, (2015)selection is the method ofchoosing right candidate for the job position so that they can perform their work in an effectivemanner in the accomplishment of goals and objectives. For this, managers of the company adopt
various methods for selecting best and capable candidates. Some of these methods includes faceto face interview, telephonic interview, group discussion and many more. Training: According to the point of view Presbitero, Roxas and Chadee, (2016) trainingrefers to a systematic development of skills, knowledge and attitude of an individual so that theycan perform their task in an effective manner. Training can be giving to individuals so that theycan perform their personal, organisational, social and other goals in an effective manner.Managers of the company adopt on the job and off the job training sessions in order to providetraining and development to their employees. P2 Produce a project management planProject management plan refers to a written document which is in a formal mannerdevelop by the management team. Project management plan is a document approved by thetop authority of company. It is generally formed by the managers in order to manage andcontrol their current operation in order to get successful implementation of project. With thehelp of this plan, managers can create effective communication with their shareholders andinvolve them in their project effectively (Blythe and Martin, 2019). Along with this, theywill be able to develop positive and strong relationship with their shareholders. In a projectmanagement plan, there are ample number of elements involved which is scope, size, cost,quantity, risk and many more. It is the document consist of different factors such asdevelopment and description of various business functions. Some of the important keyelements of a project management plan are going to be discussed below: Cost: Main part of a project management plan is cost. It refers to the overallresources and monetary funds which is required by every business organisations in order toperform their task effectively and completing the project successfully. For this, costinvolved in the project by researcher is £100 pounds.Scope: Other element involved in the project management plan is scope. It deals withdifferent aspects of development and growth of a business organisation. Apart from this,scope includes various future as well as present opportunities for the organisation in order toenhance their profitability as well as performance at the marketplace (Charter and Polonsky,2017). Apart from this, it will help the company in order to maintain their stability at themarketplace. Therefore, for ensuring the growth, managers of the company need to examinevarious different factors carefully.
Time: Another important part of the project management plan is time. It is veryessential for a business to perform its task within the given time period. Each project havedifferent time period. In the present context, researcher took 7 weeks for conducting theresearch. Quality: In reference to quality, it has been determined that managers as well asleaders need to produce goods and services according to the set standards. It will further aidthe company in enhancing the brand image of the company (De Mooij, 2018). In this aspect,quality of the research highly depends upon the number of questionnaire. Communication: Communication refers to the process where managers transfervarious informations from one from department to another. It requires effective functioningas it is one of the important element for a business organisation. In context of this research,researcher adopt face to face communication with their respondents and colleagues.Risk: Another important factor is risk which is available in every businessorganisation. In addition to this, risk have significant impact on the functioning of businessorganisation. In every business there is a risk associated with them, as without which theycan not get success in today's competitive environment (Du Plessis, 2015). Resources: Last but not least, resources are the factors which is required by everybusiness organisations in order to run their business. In order to manufacture goods andservices, resources are required to complete the business process as well as task in aneffective manner. Different resources are required to accomplish this research whichincludes stationary, computer, colleagues and many more. All these resources are essentialin order to complete the research in an effective manner. P3 Produce a work breakdown structure and a Gantt chart.Gantt chartGantt chart is a type of bar chart and theory of Henry Gantt given around 1910-1915,which shows the relationship between the time and activities in project. It is commonly used inthe project management and useful tool in showing activities against the time. On the left handside i.e. y axis listed all the activities and task performed during the project. On the other hand xaxis shows the time duration of activities performed (Layton, 2015). It helps the organization tocreate the detailed implementation plan, and communicate with clients as tender proposal,project explanation, demonstration etc. it greater deals in time, resource, energy, efforts done by
employees. It shows the multiple activities in one graphs and simple to create and understand therepresentation and does not able to define the reason of time chosen also difficult to update whenchanges required.
Work break down structure (WBS)The project managers uses this method for simplifying and managing the project, alsoknown as backbone of any project. Work Break Down is most valuable instruments which helpsin dividing the complex work into the activities to get the more efficiency in work and analysingthe needs and requirements . WBS is a hierarchical tree structure, that outlines the project anddivides it into small small task and activities , this support the top management in monitoring andcontrolling over the work perform in the project (Macarthy, 2018). The goal of WBS is to makethe whole project effective and manageable, also used to identify the potential risk in a givenproject. Organization can also get helps in estimating the cost, time and risk and it also describesthe scope of the project. It results in effective productivity and accuracy and visibility in work.
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