Impact of Grow N Excel in the field of human resource industry of Bangladesh

Abstract

Human Resource Management has become a crucial part of today’s business world as complexities with manpower and poor management and allocation of people has become an issue. Previously in Bangladesh, most of the firms or companies had no Human Resource Department at all, rather managing the human resource was deemed as something insignificant and was the side job of the admin officers. Now almost all the organization began to introduce their own Human Resource Department after the entrance of different MNCs and different organization started imitating their way of managing Human Resources. Despite of all these, even today different Human Resources Department struggle to maintain the standard they set and fails to meet requirement because of lack of specialization. Considering this situation Grow N Excel came up, which aims to provide solution for this. Being specialized in Human Resources Industry with other rich resources and knowledge to provide the best possible solution to its clients in 2008. Grow N Excel did not just offer consultancy for designing HR structure of company, rather client partially or fully outsource their human resource management function to Grow N Excel. In this report I tried to give an overview of my internship period, and to present the research report on the topic “Impact of Grow N Excel in the field of Human Resource Industry of Bangladesh”. As I had the opportunity to join Grow N Excel as an intern. It helped me to see how Grow N Excel functions and exercise impact in the Human Resource Industry of Bangladesh. Being part of the Talent Acquisition Department, I could closely see how Grow N Excel the works outsourced to it by clients first hand and how different companies approaching to Grow N Excel with their problem regarding finding the best employee. Firstly the report mainly discusses how Grow N Excel changed the Human Resource Management’s traditional way and set a new standard and procedure to offer solutions to different problems and make the overall work more effective at a glance. Then this report goes into discuss about different service offerings of Grow N Excel and shows how each of them changed the traditional way of such service and how it is exercising impact in the Human Resource Industry. Service offering of Grow N Excel including executive search, training, consultancy, providing contractual employees to clients, providing verification of clients’ candidates has been discussed in details and how each of them significant influence in the relevant field has been shown. Then, the report goes on to demonstrate why and how Grow N Excel is exercising more impact than others. Some of the reason here are Grow N Excel is not just a headhunting firm unlike others, it is equipped with specialized department for RMG sector, rich database and it the firm mover in the market. All these facets has been discussed and their impact has been demonstrated in the reported in brief. Moreover the report discusses on how it creates its customer base and how it maintains relationship with different clients. Grow N Excel maintain long term and short term relationship with the clients based on the contacts with them. This has been discussed briefly. Then the report goes on to discuss about diverse findings during my stay at here which includes the issue related to current national environment, psych of the clients and the mass people, issue related to understand the type of service Grow N Excel provides, issue within organization like lack of technical support and inefficient database etc. Lastly, couple of ways has been discussed in order to reach to solution for the mentioned problems.