The Essentials Of Human Resource Management Conduct An Analy

The Essentials of Human Resource Management conduct an analysis of HR planning factors

BTEC Assignment Brief: Qualification BTEC Business (Extended Diploma) – ALL PATHWAYS Unit number and title 16 Learning aim(s) (For NQF only) Assignment title The Essentials of Human Resource Management. Assessor Des Corlis; Scott Haragan; Barbara Mercer; James Brown Hand out date 14 September 2018 Hand in deadline 21 September 2018 Vocational Scenario or Context As a WKC business student, you are trying to gain as much experience of business functional areas as possible and have managed to gain a two-week placement with a leading company in their Human Resources (HR) department. There is the possibility of an internship at the end of your course depending on how well you complete the placement in researching and reporting back on the following factors: 1. The internal and external factors that are involved in the HR planning in organisations 2. How the employee skills required are identified Your placement provider is very keen for you to demonstrate a range of communication skills and expects your feedback in a variety of formats. Task 1 In order to complete this section of the assignment, write an essay describing the factors that impact Human Resource (HR) planning in an organisation of your choice. You will need to consider: a) Internal planning factors such as organisational needs, skills requirements, workforce profiles b) External planning factors such as supply of labour, labour costs, workforce skills, government policy, labour market competition, changing nature of work, employee expectations, impact of automation, demand for products and services You now need to develop your work to explain why HR planning is important in your organisation? You should explore the following: a) Why your organisation needs effective HR planning to succeed b) What constitutes effective HR planning Make sure you provide specific examples and that you have clearly demonstrated and explained the advantages of good planning and how poor planning can have severe implications. Checklist of evidence required Essay Criteria covered by this task: Unit/Criteria reference To achieve the criteria you must show that you are able to: P1 Describe the internal and external factors to consider when planning the human resources requirements of an organisation. M1 Explain why human resource planning is important to an organisation Task 2 Through your research for Task 1, you should have developed a good understanding of your chosen organisation and now need to describe how it identifies the labour (employee) skills it needs now and in the future. Consider the different ways it could find out the existing skills base. Are there particular skills sets that will become more or less in demand? Importantly, how can the current skills sets be identified and are there implications to the methods involved? Prepare a presentation (no more than 15 slides) for your placement manager. Checklist of evidence required Presentation Criteria covered by this task: Unit/Criteria reference To achieve the criteria you must show that you are able to: P2 Describe how the skills that employees require to carry out jobs in an organisation are identified Vocational Scenario or Context You are trying to gain as much experience of business functions as possible and have managed to gain a two-week placement with a leading company in their Human Resources (HR) department. You have already demonstrated your understanding of many of the key factors that are involved in HR planning and your placement provider now wants you to explore how employees are motivated. Task 1 In this task you need to explain the views and ideas of at least three writers who have shaped the way organisations motivate their employees. Their ideas should be related to processes such as reward systems and employee-engagement practices in an organisation of your choice. You should then compare how the different theories contribute to the techniques used for employee motivation in a specific organisation. This could be achieved by looking at jobs in the organisation and explaining how factors such as pay, status, team membership etc. impact staff motivation. It is likely that more than one theory could apply to a particular job. Once your analysis is complete, you should also reach justified conclusions about how the organisation might modify and develop the motivational techniques and associated reward systems it uses. You should consider the following: · How it could learn from practice elsewhere to adapt its own motivational techniques? · Detailed suggestions/recommendations that are backed up with relevant evidence · The theories and systems it currently uses and why you think they could be improved. This may require “tweaking” of existing systems, or it may require a complete change of the theory used. Checklist of evidence required Business report Criteria covered by this task: Unit/Criteria reference To achieve the criteria you must show that you are able to: P3 Outline how an organisation motivates its employees. M2 Compare the motivation theories in an organisation. D1 Suggest with justification ways of improving motivation in an organisational setting. Vocational Scenario or Context You are trying to gain as much experience of business functions as possible and have managed to gain a two-week placement with a leading company in their Human Resources (HR) department. You have already demonstrated your understanding of the key factors that impact HR planning as well as how employees can be motivated and your placement provider now wants you to explore the various ways in which employees can be engaged and encouraged to cooperate for the good of the business, as well as the overall management of staff including performance measurement. As before, your provider is very keen for you to demonstrate a range of communication skills to show your versatility. Task 1 Your first task is to explain how an organisation of your choice (your case study from the first two assignments) obtains the cooperation of its employees. Your findings should be in the form of a poster and should include some or all of the following: · Contracts of employment - contractual entitlements, employee and employer rights, types of employment contract, disciplinary procedures, grievance procedures, union membership, codes of behaviour · Employee involvement techniques - membership of work groups, suggestion schemes, devolved authority and responsibility, open communications, types of communication, organisational culture, national accreditation, sporting activities, rewards and benefits etc. There may be other ways in which the organisation gains the cooperation of staff and these should also be included in the poster. Make sure you illustrate it with some specific examples. Checklist of evidence required Poster Criteria covered by this task: Unit/Criteria reference To achieve the criteria you must show that you are able to: P4 Explain how organisations obtain the cooperation of their employees Task 2 Getting the best out of staff is essential to the success of an organisation and you have now been asked to identify the main methods which two organisations use to measure staff performance. You should also state what performance indicators are used and why, given that different measures may be used for different categories or levels of employees. Make sure you consider the following: · Measuring performance (performance indicators, goal theory, SMART targets, benchmarking) · Managing performance (probation, appraisal, supporting employees, occupational health, managing workloads, delegating authority, responsibility, capacity, competence, autonomy, linking rewards to performance, discipline, employee development) Different job roles require different ways of measuring and managing performance. Your next step is to take two different job roles in the two organisations and explain how the results from measuring and managing performance informs future employee development and can therefore improve performance. You must include: · The main factors that each job entails and how they will be managed and reviewed · Performance indicators for each role · How to improve performance for each role · A detailed explanation of how the above information can be used to plan their future development Finally, you should assess the importance of measuring and managing employee performance at work. The benefits of performance management should be contrasted with the consequences of failing to manage performance. You should ensure that you: · Make judgments about the value of monitoring and managing employees (give examples of businesses including your chosen organisation that do this well and not so well) · Contrast the benefits of performance management with the consequences of failing to manage performance · Explain the benefits to the business and to employees of measuring and managing staff performance Checklist of evidence required Essay Criteria covered by this task: Unit/Criteria reference To achieve the criteria you must show that you are able to: P5 Explain how employee performance is measured and managed. M3 Explain how the results from measuring and managing performance inform employee development. D2 Assess the importance of measuring and managing employee performance at work. BTEC Assignment Brief Version 1.0 August 2016 Prepared By: BTEC Internal Assessment QDAM Approved by: Delivery Manager 8 BTEC Assignment Brief Version 1.0 August 2016 Prepared By: BTEC Internal Assessment QDAM Approved by: Delivery Manager FYI: Required Textbook: If you need it for assignment. Render, B., Stair, Jr., R. M., Hanna, M. E., & Hale, T. S. (2018). Quantitative analysis for management (13th ed.). New York City, NY. Pearson. ISBN: You will need access to this book yourself! I will not be able to provide it. 1. List the advantages and disadvantages of solving integer programming problems by (a) rounding off and (b) enumeration. 2. How do the three types of integer programming problems differ? Which do you think is most common, and why? 3. What is meant by satisficing, and why is the term often used in conjunction with goal programming? 4. What are deviational variables? How do they differ from decision variables in traditional LP problems? 5. The campaign manager for a politician who is running for reelection to a political office is planning the campaign. Four ways to advertise have been selected: TV ads, radio ads, billboards, and social media advertising buys. The costs of these are $900 for each TV ad, $500 for each radio ad, $600 for a billboard for 1 month, and $180 for each buy on social media (approximately 40,000 unique impressions). The audience reached by each type of advertising has been estimated to be 40,000 for each TV ad, 32,000 for each radio ad, 34,000 for each billboard, and 17,000 for each social media buy. The total monthly advertising budget is $16,000. The following goals have been established and ranked: a. The number of people reached should be at least 1,500,000. b. The total monthly advertising budget should not be exceeded. c. Together, the number of ads on either TV or radio should be at least 6. d. No more than 10 ads/buys of any one type should be used. i. Formulate this as a goal programming problem. ii. Solve this using computer software. iii. Which goals are exactly met and which are not? 6. Mick Garcia, a certified financial planner (CFP), has been asked by a client to invest $250,000. This money may be placed in stocks, bonds, or a mutual fund in real estate. The expected return on investment is 13% for stocks, 8% for bonds, and 10% for real estate. While the client would like a very high expected return, she would be satisfied with a 10% expected return on her money. Due to risk considerations, several goals have been established to keep the risk at an acceptable level. One goal is to put at least 30% of the money in bonds. Another goal is that the amount of money in real estate should not exceed 50% of the money invested in stocks and bonds combined. In addition to these goals, there is one absolute restriction. Under no circumstances should more than $150,000 be invested in any one area. a. Formulate this as a goal programming problem. Assume that all of the goals are equally important. b. Use any available software to solve this problem. How much money should be put in each of the investment options? What is the total return? Which of the goals are not met?