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Executive summary
For this Term Paper, we have chosen the company NOKIA. Nokia is a mobile telecommunications company, and offers far more than just mobile phones for everyday use. Nokia is a global leader in mobile communications whose products have become an integral part of the lives of people around the world. Every day, more than 1.3 billion people use their Nokia to capture and share experiences, access information, find their way or simply to speak to one another. Nokias technological and design innovations have made its brand one of the most recognized in the world. They offer networking solutions for businesses that help businesses stay connected and communicate with each other at all times and places. For them, Nokia also offers special mobile phones with exquisite and unique functions and options. In this project, we will first talk about what Nokia is and what they do. We will talk about their history, and how they came to where they are today. Vision, goals, and their strategy are discussed, as well as details about Nokias recruitment and selection practice. However, like most other companies, Nokia has some weaknesses, but we consider these to be very minimal, and almost only come down to their competition.
Table of content
Topic No Topic Name Executive summary Chapter 1 1.1 1.2 Introduction Origin of the paper Objectives of the paper 1.3 1.4 Scope of the report Data collection methodology 1.5 Chapter 2 2.1 2.2 2.3 Limitations About Company Profile History Industrial conglomerate 2.4 2.5 2.6 Shareholder Type of the company Nokias Mission and vision strategy 2.7 2.8 Chapter 3 Nokia in Bangladesh Product releases Recruitment and selection practice 10 11 12-17 8 9 9-10 5 6-11 6 7 8 4.1 4.2 Chapter 5 5.1 5 5 Page No 2 4-5 4 4 3.6 3.7 3.8 3.9 3.10 Topic No 3.3 3.4 3.5 Topic Name Recruitment method Sources of recruitment Sources of advertisement Selection method Interview method Written method Assessment method Induction Training method Chapter 4 Conclusion and Recommendation Conclusion Recommendation Bibliography Bibliography 18 18 19 19 18 16 17 17 17 17 Page no 14 14 15
3.1 3.2
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CHAPTER: 1
1.1 Origin of the paper
This report has been prepared to make a study on the" Recruitment and Selection practice as a part of the fulfillment of thesis program required for the completion of the BBA program of the management Faculty of Business Administration of East West University .The report was prepared under the supervision of Ethica Tanzeen, lecturer of Business Administration, East West University. We are very much thankful to him for assigning me such types of project work.
1.5 Limitations
As nothing is perfect, we also faced some difficulties during preparing the report. However, We have tried our best to complete our report nicely . One of the limitations is that this is a case study on one organization and therefore there will be no comparison made among several companies. Another limitation may be that most of our empirical data have been gotten from our primary source. This may be a drawback since it is one persons subjective opinion rather than objective, statistical information. However, we feel that the information given to us is still of relevance and importance to our work and we have included many secondary sources as well to balance it up.
Chapter: 2
2.1 Profile
Hasn't the mobile phone come a long way, the capability of a phone these days is greater than a personal computer of not so long ago. Nokia is at the front when it comes to the major players in the history of mobile phones. They have an interesting story and even more interesting origin. Nokia Corporation is a Finnish multinational communication and information Technology Corporation was established on 1865. The main products of Nokia are mobile telephones and portable devices. Nokia has around 97,800 employees over 120 countries. Nokia is the worlds second largest mobile phone maker by 2012. From 1988-2012 nokia was the largest vendor of mobile phones. in 1865 Nokia started when Fredrik Idestam established a groundwood pulp mill on the banks of the Tammerkoski and started manufacturing paper. In 1987 the first handheld mobile was introduced by Nokia. Nokia started authorized working in Bangladesh from 2007. In Bangladesh Nokia is holding the rank of 2nd brand.
2.2 History
1865 to 1967
The predecessors of the modern Nokia were the Nokia Company (Nokia Aktiebolag), Finnish Rubber Works Ltd (Suomen Gummitehdas Oy) and Finnish Cable Works Ltd (Suomen Kaapelitehdas Oy). Nokia's history started in 1865 when mining engineer Fredrik Idestam established a groundwood pulp mill on the banks of the Tammerkoski rapids in the town of Tampere, in southwestern Finland in the Russian Empire and started manufacturing paper. In 1868, Idestam built a second mill near the town of Nokia, fifteen kilometers (nine miles) west of Tampere by the Nokianvirta river, which had better resources for hydropower production. In 1871, Idestam, with the help of his close friend statesman Leo Mechelin, renamed and transformed his firm into a share company, thereby founding the Nokia Company, the name it is still known by today. Toward the end of the 19th century, Mechelin's wishes to expand into the electricity business were at first thwarted by Idestam's opposition. However, Idestam's retirement from the management of the company in 1896 allowed Mechelin to become the company's chairman (from 1898 until 1914) and sell most shareholders on his plans, thus realizing his vision. In 1902, Nokia added electricity generation to its business activities.
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2.4 Shareholder
Union group is the shareholder of Nokia Corporation in Bangladesh.
Ideas, Energy, Excitement, Opportunities In today's mobile world, it feels like anything is possible - and that's what inspires us to get out of bed every day.
build a new winning mobile ecosystem in partnership with Microsoft bring the next billion online in developing growth markets invest in next-generation disruptive technologies increase our focus on speed, results and accountability
Driving change
Our new strategy is supported by changes in Nokias leadership, operational structure and approach. The renewed governance will expedite decision-making and improve time-to-market of products and innovations, placing a heavy focus on results, speed and accountability. Nokias strategy is about investing in and ensuring Nokias future. I have incredible optimism, said Stephen Elop, Nokia President and CEO, because I can see fresh opportunity for us to innovate, to differentiate, to build great mobile products, like never before, and at a speed that will surpass what we have accomplished in the past.
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Chapter: 3
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GR (General Retail)
EA (Emerge in Asia)
HR (Human Resource)
Team Leader
Team Leader
Training Manager
Senior Promoter
Field Representative
Brand Promoter
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Nokia Store
Ex Employees
References
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2nd Assessment
Selection
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Chapter: 4
4.1 Conclusion
The recruitment process is both long and costly, and when a mistake is made it can b e catastrophic for the organization and the individual involved. Furthermore, the proc ess is complex and offers as many opportunities for making a bad decision as a good one. So, effective recruitment and selection needed. Effective recruitment and selection is critical to company success in the future. Employing the right person, in the right job and the right time will save managers endless hours. We think the proposed system makes the recr uitment and selection process more effective for the organization.
4.2 Recommendation
We can easily say that Nokia is a big multinational company. But they do not recruit anyone from outside for professional position / top level vacancy. They hire fresher for the entry level job. As a reason there is no entrance of fresh blood on top level. They also do not advertise externally. They only use internal sources of advertisement. As a reason many qualified applicant may not get the news of vacancy and loses the chance of getting an honorable job at Nokia. Our recommendation is Nokia should use both internal and external sources of recruitment as well as advertisement sources.
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Chapter: 5
5.1 Bibliography
1. www.nokia.com 2.www.wikipedia.com
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