Project Management Report: Analyzing Nestle's Globalization Strategies

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This report provides a comprehensive analysis of Nestle's project management strategies within the context of globalization. It begins by formulating project aims and objectives, followed by the creation of a detailed project management plan, work breakdown structure, and Gantt chart. The report then delves into the application of both qualitative and quantitative research methods, including the use of questionnaires and data analysis techniques. The findings are analyzed to draw meaningful conclusions and provide recommendations for improving Nestle's operations. The report also includes a reflection on the value of the undertaken research in meeting the stated objectives, along with relevant references and appendices such as a log book and performance review, offering a complete overview of the project's lifecycle and outcomes.
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Managing a successful
business project
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Table of Contents
INTRODUCTION.......................................................................................................................................3
TASK 1.......................................................................................................................................................3
P1 Formulate project aims and objectives for a chosen scenario........................................................3
P2 Produce project management plan...................................................................................................4
P3 Produce work breakdown structure and Gantt chart.......................................................................6
TASK 2.......................................................................................................................................................9
P4 Carry out small-scale research by applying qualitative and quantitative research methods.........9
TASK 3.....................................................................................................................................................12
P5 Analyse research and data using appropriate tools and techniques.............................................12
P6 Communicate suitable recommendations to draw valid and meaningful conclusions.......................20
TASK 4.....................................................................................................................................................20
P7. Reflection on values of undertaken research for meeting stated objectives...............................20
CONCLUSION.........................................................................................................................................21
REFERENCES..........................................................................................................................................22
APPENDIX..................................................................................................................................................24
Appendix 1 Log Book.............................................................................................................................24
Appendix 2 Performance Review..........................................................................................................26
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INTRODUCTION
Globalization refers to process of interconnectedness or integration of market within
global economy which leads to enhanced national economies (Boyle, 2017). It is spread of jobs,
information, technology and products across cultures & borders. Globalization is described as
interdependence of nations across globe by free trade. In this report, Nestle is taken into
consideration that is headquartered in Vevey, Switzerland. It is a transnational drink and food
organization. This comprises of aims and objectives along with project management plan.
Moreover, work breakdown structure and research methods have been discussed through usage
of suitable techniques as well as tools.
TASK 1
P1 Formulate project aims and objectives for a chosen scenario.
At present scenario, globalization has become essential for organizations. It assists
within integration and render services to people (Clinton and Whisnant, 2019) . Through
globalization people aims at attainment of identical goal by which productivity and
profitability can be enhanced. This leads a way to enhanced opportunities. Nestle is looking
forward to combine their resources as well as funds for sustainable image within market.
Background of the research:
Globalization is primary business process which will lead to interdependence as well
as increased business growth with respect to competitive market. It also assists within
expansion of entire business operations. There exists large number of ways through which
globalization can be practiced like import export relaxation, financial mobilization of
resources and funds, free trade among borders, etc. With respect to Nestle, globalization will
lead them to make use options through which their sales can be intensified, thereby, higher
profitability can be attained. Major aim is to identify impact of globalization on operations
carried out by Nestle. This created awareness about technological advancement for carrying
out business operations in an efficacious manner (Crane and Matten, 2016) .
Aim:
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To improvise recruitment, selection and training methods of employees to
accomplish International needs of multinational organization- A case study on Nestle”
Objectives of the research
To scrutinize the concept of globalization with respect to recruitment and training of
employees.
To identify affirmative impact of training and recruitment on overall operations of
organization.
To evaluate challenges that is faced by Nestle while entering within global market.
Research Questions
Define the concept of globalization within recruitment and training of employees?
What is the impact of globalization on training and recruitment with respect to
overall operations of organization?
What are different disputes or challenges faced by Nestle while entering within
global markets?
P2 Produce project management plan.
Project management plan is an approved document which is taken into consideration
by managers for management of enduring projects so that they can be executed in an
appropriate manner. This will assist them to create a balance among key stakeholders with
respect to understanding of project (Deresky, 2017) . Manager of Nestle needs to take into
account major factors so that effectiveness of entire process can be maintained. These
factors are illustrated below:
Cost: It is the primary as well as very important part of project management plan as it
deals with money associated with resources which is required for carrying out project in an
effectual manner. In this case, management of Nestle needs to identify the entire amount
which is needed for timely accomplishment of project. The cost which has been occurred
with respect to researcher is 4000 pounds and on behalf of Nestle is 150000 pounds.
Scope: It deals with growth and development aspects of business. It contains crucial
details associated with present & future opportunities through which business operations can
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be enhanced (Dutta and Bose, 2015) . Management of Nestle needs to develop an effectual
management plan to make sure their productivity as well as profitability. It will also assist
them to have stable image within market. They need to hire capable and skilled staffs for
enhancing profitability, productivity and sustainability for meeting international market
requirements.
Time: It is the crucial factor which has to be examined by organization as it is done
on the basis of evaluation of time which is needed for accomplishment of project. This
factor varies depending on project (Westrenius and Barnes, 2015) . An example can be taken
to understand this aspect like time required by organization to evaluate entire strategies
related with entering into a new market is 4-5 months on the other hand researcher will take
near about 1 month to identify the perspectives.
Quality: Management and leaders of Nestle need to make sure that while
manufacturing their services as well as goods standards for quality must be set. This will
assist them to have their strong image in market (Glukhov, Ilin and Levina, 2015) . In this
case, they also need to take into consideration different environmental aspects. Similarly,
researcher has used feedback and internet methods for collection of data and information in an
effective and efficient manner.
Communication: It is indispensable process which is associated with transfer of
information and data from one level to other depending upon requirements of business. It is
imperative process which makes sure effective functionalities of business. Management of
Nestle needs to have effectual communication strategies for guiding and directing their
employees for attainment of identical goals. It will also assist them to complete their
activities in stipulated time frame.
Risk: It is a crucial element which is associated with almost every entity and will
have strong impact on functionalities of organization. Firms have to take risks as without
this they won’t be able to have innovative as well as unique services for their customers
(Hillary, 2017) . With reference to this, management if Nestle needs to identify the
opportunities which are available within market and examine the risks associated with same.
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In order to carry out project, researcher has faced various risks in terms of money, time period
and bad response of participants for collecting data and information.
Resources: They are the fundamental aspects and reason for survival of organization.
These are essential needs of business which aids them to conduct their operations within
timely manner. For this, management of Nestle have ensured that have highly skilled and
well qualified employees who are working on their projects (Westney, 2017) . The resources
include human capital, cost, raw material, tools, technologies, etc. For carrying out project,
researcher needs proper information, time and funds for collecting proper data and information.
P3 Produce work breakdown structure and Gantt chart.
WBS is a essential tool which aids management to break complex processes or activities
into smaller sub sections which can be easily attained (Huntington, 2018). It assists to identify
crucial factors like time estimates, overall cost and other essential needs of projects. It is an easy
process which is responsible for making activities manageable as well as attainable. This tool can
be applied in any field as it is linked with identification of key aspects of projects in which risk is
involved.
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Gantt chart
It is given by Henry L. Gantt in 1917, as a production control tool. This tool is taken
into consideration by management for planning and collaborating with different operational
functionalities of business (Julien, 2018) . It aids them to have graphical schedules which will
deliver clear picture to managers with respect to project cycle with respect to what has been
attained and what still is left to be done. This proves to be an essential tool so that timely
delivery of services can be ensured. Along with this, management of Nestle will be able to
track down the performance of employees when project is taking place. This comprises of
certain activities like formulation of selection of topic, aims and objectives, data collection
and many others.
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TASK 2
P4 Carry out small-scale research by applying qualitative and quantitative research methods.
Research methodology
Research is carried out to have knowledge as well as information related with new figures
and facts within any field. It assists in effective contribution within enhancement of knowledge
base and also aids researchers to formulate alternative hypothesis (Kendrick, 2015). Whenever a
research is carried out in an appropriate and sound manner it proves a substantial tool for
researchers to ensure free and fair researcher about any given topic. Therefore, it is essential that
researchers go for a method which is free from every kind of bias. Basically, there exists two
ways through which research can be carried out. They are illustrated below:
Quantitative research: In this methodology emphasis is on statistical data analysis
and it deals with numeric values. With respect to this, information and date is gathered
through surveys, polling by online mediums and questionnaires. This will assist in
evaluation of interrelation among different variables as well as effectual predictions.
Quantitative research aims at furnishing free as well as fair outcomes with respect to
specific field (Nicholas and Steyn, 2017) . It also helps in collection of crucial information and
data within desired time duration.
Qualitative research: In this case emphasis is on behavioral part of an individual
which uphold thorough study on agreed topic. This is a type of research tool which
comprises of thought of individuals as well as reasons behind the specific idea (Le Roy and
Fernandez, 2015) . Along with this, it is a essential tool which aids within data collection and
data analysis. Different ways are there through which this research can be carried out.
Primary data: It is first hand information or data which is gathered by carrying out
effectual research. This is very useful for collection of data and information in context of
peculiar subject or topic (Omri, Frikha and Bouraoui, 2015) . Data which is collected by this
medium is fresh and till now it has not been utilized by anyone else or previous researchers.
In addition to this, it renders quite efficient as well as suitable data which is free from any
kind of bias. Primary data collection sources comprises of surveys, questionnaires,
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interviews, etc. The major disadvantage of this method is that it is very expensive and needs
a lot of time to carry out entire process.
Secondary data: This is the other method for collection of data from information
which already exists. It is both time as well as cost effective method of data collection as
compared to primary source of data collection. There are high chances that, there may exist
data which is inappropriate as well as biased with respect to present sources of data
(Polonsky and Waller, 2018) . This method involves sources like books, sales reports,
magazines, newspapers, etc.
Data collection: A process which aids to collect or gather information within an aim
to answer all the queries which have been raised while carrying out research is referred to
data collection (Storey, 2016) . In context to this, researcher is taking into consideration both
primary and secondary sources of data collection so that accurate information can be
attained and project can be accomplished in an appropriate manner.
Questionnaire: It denotes set of questions which are in printed form and renders
various choices for carrying out surveys. This comes under primary method of data
collection that is present within both qualitative and quantitative form. It furnishes a reliable
as well as authentic information and data (Rowe, 2015) . In this research the sample space
which is taken into account is 30. The questionnaire for this research is shown below:
Questionnaire
Q 1) Do you know about concept of globalisation with respect to training and recruitment of
employees?
a) Yes
b) No
Q 2) What will be the impact of globalisation on overall functionalities of Nestle with reference
to recruitment as well as selection?
a) Enhancement in organisation performance
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b) Acquisition of huge income and revenue
Q 3) Is any benefit of globalising operations of business in an international market place?
a) Yes
b) No
Q 4) As per the perceptions, what is the major challenge which will be faced by Nestle while
globalising their operations?
a) Grabbing attention of customers
b) Alteration within technology
Q 5) Will acquisition of new strategies by nestle will aid them in an affirmative manner in terms
of attainment of competitive edge within market?
a) Yes
b) No
Q6. What are the challenges of implementing changes in HR practices of Nestle?
a) Excessive cost
b) Time consuming
c) All of the above
Q7. What is significant element which must be considered by Nestle for human resource
development?
a) Competition
b) Company culture
c) international employment law
Q8. Does alterations in internal business functions proved beneficial for Nestle at the time of
business expansion?
a) Yes
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b) No
Q9 How Nestle can meet international requirement by implementing changes in their existing
HR practices?
Q 10) Furnish recommendations for Nestle which will assist in enhancement of overall market
shares as well as profitability.
TASK 3
P5 Analyse research and data using appropriate tools and techniques.
Theme 1: Concept of globalization
Q 1) Do you know about concept of globalisation with respect to training and
recruitment of employees??
Frequency
a) Yes 20
b) No 10
a) Yes
b) No
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