Multinational Companies Management Essay Example | Topics and Well Written Essays - 2500 words

Multinational Companies Management - Essay Example This is the same in the case of employee retention. However it is very difficult for any organisation to take the necessary steps to retain its workforce and ensure that they remain loyal and engaged, and when this has to be carried out by an organisation with many different cultural dimensions the strategies that need to be adopted become even more difficult and complex. The author believes that through this study, she will be able to gain sufficient information on the specific steps that can be taken by a transnational organisations with regard to managing and retaining employees while remaining profitable and ensuring that they remain loyal and engaged and highly productive, thus making the organisation even more profitable. THE DIFFERENT MANAGEMENT STRATEGIES THAT CAN BE ADOPTED BY AN ORGANISATION WITH A DIVERSE WORKFORCE TO RETAIN ITS WORKFORCE, ENSURE EMPLOYEE LOYALTY AND ENGAGEMENT AND CONTINUE TO STAY PROFITABLE IN BOOM AND BUST CONDITIONS In this document the author proposes the methods and the type of research study that she will undertake in fulfillment of her degree requirement. The author is currently interested in studying how Multinational Companies such as Microsoft, IBM, Toyota, Honda, General Electric, Coke Cola, Unilevers, General Motors, Hewlett Packard and Sony can do to retain its employees, keep them engaged and loyal to the organisation, while ensuring that the organisation remains profitable through boom and bust conditions. In this proposal the author discusses the research objectives, the research topic, the methodology that she wishes to adopt, the limitations of the study, and finally the dissertation structure and the time line for the study. The author has carried out a brief literature review into the subject area and has presented it in this research to give the proposal more background and to justify the reason for the choice. Research Objectives Here the author will give a brief overview of the objectives of the research study that she will evaluate for completion at the end of the research. Gain an in-depth understanding of the importance of employee retention for a multi-national organisation. Gain an in-depth understanding of the importance of employee engagement for a multi-national organisation. Gain an understanding of the co-relationship between the profitability of the organisation, employee retention, employee engageme