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Manage Human Resource Strategic Planning Assignment Help

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Summative Assessments

Section A

1. List three factors to consider when reading, reviewing and analyzing an organization's Strategic plans.

An action plan, budget, and SWOT analysis of the organization should be given out most importance while reading, reviewing and analyzing the organization's strategic plan. The proper assessment and record of the above factors can help predict and understand the market, hence improving the efficiency of a strategic plan.

2. List four key ingredients to include when writing any strategic HR plan.

Assessment of current Human Resource Capacity, forecasting of Human Resource requirement, development of talent strategies along with overview and evaluation are the primary four key ingredients to include when writing any strategic Human resource plan. Assessment of current HR situation provides the company with a better understanding of its internal matters. Forecasting on the HR requirement helps the company to prepare for the upcoming issues. It includes Demand forecasting and Supply Forecasting. Development of talent phase needs a close look into the recruitment, selection, hiring, training and development and many more. Keeping an overview of the hard work is very important; therefore, the last ingredient demands the HR manager to keep an eye on the development.

3. In front of a small group of at least three people, demonstrate your ability to communicate them

To demonstrate the philosophies, values, and policies of the organization, the representative personal needs to set an example of the benefits. As per a survey conducted by Deloitte, over 70% of the employees who believe that their company had made good progress financially, confessed their manager and the management team always spoke to them about the goals, core values, and the culture of the organization. Integrating or teaching those core values to the new employees through a training program can be challenging. However, it is always helpful to provide a story behind the chosen core value. Understanding or recognizing the core value among them employee and rewording them in real time give the employee a better motivation to work. Hiring and letting go of people based on the core value is also essential and provides better efficiency. Making the employees understand the culture of the company should be the primary focus during the speech.

4. List the four steps involved in a cost/benefit analysis.

           Simplifying the area for the analysis

           Recognizing, understanding and classifying the cost and benefits.

           Making a timeline for the probable revenue and cost and monetizing it.

           Estimate the current present value and discounted cost and benefit to gain current value.

5. List three recent/forthcoming changes in legislation that could affect your organization.

Single touch payroll system, increase in national minimum wage, country of origin food labeling are the changes that may affect the organization. As the company works under the retail market industry, the company must make the right amount of internal changes to stay in business.

6. List five questions you should ask when reviewing a strategic plan

           What is the current situation of the company and the market?

           How did we get to the position where we are now?

           What is the next step and where should we go next?

           How can we get from our current position to next?

           What problems might we face while getting to the next point?

Section B

1. Describe what is meant by ‘strategic HR planning.'

Human resource planning is a method of understanding the need for a human resource for present and future scenarios. It includes forecasting of labor, understanding present labor supply, gap analysis and many more. It helps in gaining a strategic advantage when it comes to employment in the business.

2. List three political factors, which will have a bearing on the legislation and regulation Surrounding your business.

           Increase in minimum labor wage in the country,

           labeling of food items as per their origin,

           changes to casual and part-time entitlements in some awards.

3. List five common options for sourcing labor.

           Recruiting candidates from recruiting database.

           Approaching social media platform for candidates.

           An online job posting is also a good source

           Referral candidate sourcing

           Sourcing candidate from within the organization.

4. List three aspects of work that are being affected by new technology.

           Efficiency and increased productivity

           Better and improved collaboration

           Improved cost management.

5. List five potential objectives/targets, which a strategic plan is required to address.

           Goals

           Evaluation

           Monitoring

           External factors

           evaluation

Section C

1. Using information from a range of internal and external sources, produce a report that details:

           The human resource strategic direction, objectives and targets

Human resource mainly engaged heavily on different administrative duties, which contains managing records, processing standard and transaction and many more. It is considered the connection between the strategies, objective with the human resource. The goal of the strategic human resource is to promote flexibility, innovation and many more. To achieve the purpose of the company human resource staffs and line general manager mostly work with one another in understanding the new workforce skills.

           Three tends and emerging practices that could affect human resource management

Here are three trends that are changing the HR management and the managers.

?         Cross-cultural management process

?         The demographics in the workforce is getting younger

?         Contingent employees are holding power to shake up the workforce

           Three types of relevant technology

?         IT services,

?         Cloud storage and

?         Business class Email

           Any recent or forthcoming changes to industrial and legal requirements

The higher rate of minimum wage rate can be considered as the most recent changes in industrial and legal requirements.

           The top three most important future labor needs and skills requirements

Here are the high three crucial future labor skills requirements.

?         Problem-solving capacity and critical thinking capacity,

?         Agility and adaptability,

?         Effective oral and written communication

           Three options for sourcing labor.

Here are the three option for source labor.

?         Outsourcing

?         Hiring new graduate or trainees

?         And using contractors or consultants.

2. Develop, implement, monitor and review a strategic human resource plan including details of:

           The budget

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·          The top three priories

The top three priorities for human resource management are.

§  Predicting the needs of human resources,

§  Providing best training possible for the selected candidates and

§  Bringing better efficiency in the line of work.

·         Any agreed objectives, targets, programs and practices

The goal is to do better in terms of bringing in new employees compared to last year and teaching them the core values of the company to bring better efficiency.

·         The top three priories

The top three priorities for the human resource management are listed below,

§  Predicting the needs of human resources,

§  Providing best training possible to the selected candidates and

§  Bringing better efficiency in the line of work.

·         Any agreed objectives, targets, programs and practices

The target is to do better in terms of bringing in new employees compared to last year and teaching them the core values of the company to bring better efficiency.

·          A cost/benefit analysis of two labor supply options

·          Timeframes for achieving stated objectives

·          A procedure for risk management.

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