This presentation focuses on managing successful business projects and the key responsibilities of management. It includes a case study on Nestle and explores ways to improve recruitment, selection, and training of employees to meet international requirements.
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Managing a Successful Business Project
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Introduction Managing successful business project is refers as the key responsibility of the management in regards to assisting the overall business operations in effective manner. Globalization is a wider term, which refers as the procedure of integration and interaction among individual, businesses and government at global level. Globalization is significantly assist to developing competition and an economic or financial shift through developing to emerging economies
Research aim “Toidentifythewaysthroughwhichmultinationalcompaniescanimprove recruitment,selectionandtrainingofemployeestomeetinternational requirements.” A case study on Nestle.
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Research objective To explore knowledge in regards to the HR processes like training, recruitment and selection in an organisational context. To identify the major training processes that are opt by Nestle for improving employees performance. Todeterminetheneedforamultinationalbusinesstomakeimprovementintheir recruitment, selection and training processes. To recommend ways which are adopted by Nestle to develop employees performance to meet international requirements.
Research questions How to explore the knowledge in regards to the HR processes like training, recruitment and selection in an organizational context? WhatarethemajortrainingprocessesareoptbyNestleforimproving employees performance? What are the key need for a multinational business to make improvement in their recruitment, selection and training processes? Which key ways are adopted by Nestle to develop employees performance to meet international requirements?
Data Interpretation Q2) Do you think that,asuitable selection of training method is important for Nestle to attain growthwithinthe global market? Frequency Yes23 No2YesNo 0 5 10 15 20 25 24 1
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Interpretation As per the analysis of the project it has been interpreted that 24 out of 25 people are having potential knowledge regarding the area of HR processes like recruitment, selection and training in terms of multinational corporations. Thus, these are the key aspect which are requires to be known by the people for enhancing their knowledge base. Leftover people are not having any idea regarding the same as they are not having any sort of interest to known about the HR processes. .
Cont... Q2) Do you think that,asuitable selection of training method is important for Nestle to attain growthwithinthe global market? Frequency Yes23 No2YesNo 0 5 10 15 20 2523 2 Frequency
Cont... According to detailed analysis of the project it has been evaluated that 23 out of 25 people said that a suitable selection of training method is important for Nestle to attain growth within the global market, thus as per their view training through an appropriatesourcecouldberesultedinattainmentofgrowthandsuccess. Remaining people are not in favor with the same as per their view suitable selection of training method is not much important for Nestle to attain growth within the global market.
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Reflection I have worked on a number of projects in my past academic period, but research on globalisation considered as the most effectively one, because it is one the biggest topic that influences each and every organisations at global level. During the time of gathering information form different locations, I also learn and gain knowledge about different language and culture because I meet different people who follows different culture and use different language. This help me in improving my communication and beneficial to me, my personal and professional development.
Recommendation Develop new employee discipline policy:Giving fair treatment to employees is considered as first step for a company to meet the global standards. Use SMART goals by giving priority to employee development:Concerning on how career of each employee can be built, also help in increasing performance of them at each level. Focusonmorale:Sharingbusinessinformationlikemissionandvisionstatementwith employees in a clear and concise manner, will lead to increase morale of them.
Conclusion It has been concluded from this project that while globalising business, it is essential for every company to improve business procedures first. It includes making changes in HR practices like recruitment, selection and training process, so that performance of workplace can be improved. Along with this, by making changes inhiringprocess,alsogiveadvantagetoenhancecompetencylevelof organisation, which helps in earning high sustainability as well.
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References Tidd, J. and Bessant, J. R., 2018.Managing innovation: integrating technological, market and organizational change. John Wiley & Sons. Wren,A.,2018.ProjectManagementAZ:ACompendiumofProjectManagement Techniques and How to Use Them: A Compendium of Project Management Techniques and How to Use Them. Routledge. Zimmermann, A., Raisch, S. and Cardinal, L. B., 2018. Managing persistent tensions on the frontline:Aconfigurationalperspectiveonambidexterity.JournalofManagement Studies.55(5). pp.739-769.