This assignment will use the readings and discussions as a base for an individual assignment where students will play the role of an HR professional and will develop an HR plan for a franchise owner. They will apply HR Planning knowledge to forecast demand and supply and then develop a clear plan to address the resulting labour shortage or surplus.
Students will conduct research and apply labour supply and demand forecasting concepts and techniques they learned to create this HR plan. Students will then write an executive summary business report which documents the results of their research and their HR plan including (but not limited to) addressing the case questions in the textbook. Your executive summary report must be a Word document (Maximum of 1500 words, excluding cover page and references page, APA standards).
Students will also complete a video recorded 10-minute presentation which logically documents the results of their research and their HR plans to be presented to the franchise owner. The presentation will provide the owner with a high-level summary of the management report, rationale for action, and the recommended HR plan. The presentation must be (8-10 PowerPoint slides, 12-point font excluding cover page and references page).
Part 1: the executive summary report is due on Sunday of Unit 10 and worth 10% of final grade
Part 2: the PowerPoint presentation is due on Sunday of Unit 10 and worth 8% of final grade
Late Submission Policy
1. This assignment is subject to the Late Submission penalty policy, namely 5% per day for three days.
2. This page will close and will not allow further submissions after this Late Submission period has expired.
3. In the event of an emergency preventing you from submitting within this time frame, special permission must be obtained from your instructor. Documentation substantiating emergency is required. In such a circumstance, if the extension is granted, the professor will reopen the submission function for you on an individual basis.
4. Please do not email your submissions to your professor, either before or after the due date; all coursework should be submitted through the online course (Moodle).
Objective of Assignment
a. Analyze human resources demand to create a forecast using quantitative and qualitative techniques.
b. Use strategies to forecast internal human resources supply.
c. Create a human resources plan and describe ways to deal with a human resources surplus and/or shortage.
d. Develop business communication skills (written and verbal).
Instructions
Conduct research in order to get information to address the following questions (# 1 and 2) from page 129 of the course textbook. Ensure you use some of the qualitative and quantitative techniques described in the course textbook to help formulate your answers. Include at least two scholarly sources.
Using your HR planning expertise, forecast the demand of labour in the stores and the online environment over the next three years.
Assuming an annual 15 percent turnover level of in-store workers and a 30 percent turnover level of online-focussed employees, determine overall HR supply estimates over the next three years.
Report the number of employees that will be surplus or shortages for each part of the business and for each year.
Report the numbers of any employees that will need to be terminated each year and the services that should be provided for them.
Additionally, provide some suggestions of activities you could engage in to determine supply details by internal vs. external candidates.
You are to gather the information and write a business report which documents the results of your research above and presents it in a logical manner for senior management of the franchise.
1. It must be well-written, but in lay terms so anyone can fully understand your reasoning. Follow APA format and include a proper introduction that clearly outlines the purpose and flow of the essay, and a strong conclusion are important elements.
2. You must also provide a properly cited reference page at the end of the report to support any of your conclusions.
3. You must also provide appropriate academic references (minimum 2) to support your conclusions or recommendations to the owner. They should be vetted journal articles and company prospectus information rather than Internet sources.
4. Remember, your objective is to provide an analysis on the labour forecast and turnover for the franchise owner, not simply to answer a series of questions. The questions are to help you focus your research. Your overall grade will reflect the strength of your analysis.
5. Use the research sources that you found in Part 1 in order to get information to address the following questions:
Do you forecast a labour shortage or surplus?
6. Develop a clear plan to help address the forecast labour shortage or surplus.
NOTE: your plan will need to include three strategies that focus on at least two of the following areas of HR: Training, Career Development, Total Rewards, and Turnover Management.
7. You are to complete a 10-minute presentation which documents the results of your research above and presents it in a logical manner for the franchise owner. Your presentation will provide the owner with a high-level summary of the management report, rationale for action, and the recommended HR plan.
8. Your presentation must be concise (8-10 narrated PowerPoint slides, 12-point font excluding cover page and references page). For instructions on how to add narration to your PowerPoint, please do an Internet search remembering to include the version of PowerPoint you are using.
9. It must well-written, but in lay terms. Follow APA format and include a proper introduction that clearly outlines the purpose and flow of the presentation, as well as a strong conclusion.
10. Avoid using Wikipedia or other online resources that do not have a strict editorial process. (NOTE: It is said that at any given time, over 80% of information on Wikipedia is true, but we do not know which 20% is not.
Tips for Uploading the PowerPoint Presentation
11. When you upload this assignment there is a maximum file size of 50Mb, so if your file is larger than that, you will need to upload your file to a cloud-based storage site, then create a word document containing a link to the uploaded file.