$20 Bonus + 25% OFF
$20 Bonus + 25% OFF
Securing Higher Grades Costing Your Pocket? Book Your Assignment at The Lowest Price Now!
Add File

Error goes here

MNG00724 Human Resource Management

tag 0 Download12 Pages / 2,980 Words tag Add in library Click this icon and make it bookmark in your library to refer it later. GOT IT

Question:

HRM initiative

Begin writing here and then delete the text below …

Brief outline of the HRM initiative that you have chosen for your Business Case analysis

Examples of initiatives might be:

A major manager development program

Outsourcing specialist selection processes

Development of a Human Resource Information System

Establishing a supervisor mentoring program Etc.

Before proceeding further, ask yourself these questions

What is a Business Case?

Is it purely financial?

Steps towards building a Business Case

Key parameters for a Business Case considering human capital investment: Cost-benefit analysis, Return on Investment (ROI), Evaluation (to be explored in more detail in the next sections of the assignment)

How does Human Capital investment fit within the financial consideration?

Cost-benefit analysis

Begin writing here and then delete the text below …

Cost-benefit analysis involves considering the positive outcomes (or benefits) in comparison to the costs.

Supporting analysis should be provided in terms of a cost-benefit statement

  • The Investment – a summary of the investment required by the proposal
  • The Savings/Productivity/Profit – a summary of the savings or profits generated by the proposal

Notes:

(1) you will need to use your experience or imagination here.

(2) provide a reference(s) for cost-benefit analysis processes.

Return on Investment (ROI)

Begin writing here and then delete the text below…

For this assignment I suggest that you estimate a Return on Investment of X% over one year. You will NOT need to do detailed calculations.

(1) provide a reference(s) to support your points about the ROI.

Evaluation

Begin writing here and then delete the text below…

Your evaluation plan is a very important part of your Business Case. You will need to provide an evaluation process, including both short-term and long-term evaluation criteria.

Example of an Evaluation Plan for monthly workshops for six months: monthly workshop evaluation. At the end of the program an evaluation of program impact (e.g. improved productivity, improved customer satisfaction, reduced absenteeism, etc.)

Remember that evaluating HR initiatives, such as talent acquisition, supervisor/manager development etc. usually is a longer term process.

(1) provide a reference(s) to support your points about Evaluation.

Business Case Summary

Begin writing here and then delete the text below …

Summarise the outcomes of your Business Case Analysis and your conclusions/recommendations about the chosen HRM initiative.

Remember that you do not need to provide detailed, number-based working of the case. But you should indicate the grounds on which the initiative should proceed.  

Critical Reflective Analysis

Begin writing here and then delete the text below …

The reflection is written in first person language

  • The Critical Reflective Analysis will summarise what you have learnt through writing about a Business Case, including the puzzles you have confronted and the insights you have developed. Critical Reflective Analysis applies both at the task level and at the personal development level. You need to comment on both levels.
  • The questions below will may help you to focus your reflection:
  • What difficulties did you face in writing about a Business Case?
  • How did you solve the difficulties?
  • What major lessons did you learn about the process?
Download Sample Now

Earn back the money you have spent on the downloaded sample by uploading a unique assignment/study material/research material you have. After we assess the authenticity of the uploaded content, you will get 100% money back in your wallet within 7 days.

Upload
Unique Document

Document
Under Evaluation

Get Money
into Your Wallet

Total 12 pages, 1 USD Per Page

Cite This Work

To export a reference to this article please select a referencing stye below:

My Assignment Help (2021) Human Resource Management [Online]. Available from: https://myassignmenthelp.com/free-samples/mng00724-human-resource-management/analyzing-information-in-the-human-resource.html
[Accessed 16 September 2021].

My Assignment Help. 'Human Resource Management' (My Assignment Help, 2021) <https://myassignmenthelp.com/free-samples/mng00724-human-resource-management/analyzing-information-in-the-human-resource.html> accessed 16 September 2021.

My Assignment Help. Human Resource Management [Internet]. My Assignment Help. 2021 [cited 16 September 2021]. Available from: https://myassignmenthelp.com/free-samples/mng00724-human-resource-management/analyzing-information-in-the-human-resource.html.


Looking for quality math homework help online? Visit MyAssignmenthelp.com to get acquainted with qualified math helpers who can do your homework on complex math problems. Interestingly, you can get a variety of mathematics help starting from primary homework help to CPM homework help. Just remember to specify your requirements and instructions while placing the request “Solve my math problem” or “do my homework” at the website. The best part about the math homework services at MyAssignmenthelp.com is that the price is quite reasonable, while the services are pretty fast. Also, you can always expect to receive an error-free solution from the experts.

Latest HRM Samples

GM701 International Human Resource Management

Download : 0 | Pages : 19

Answers Task 1 1. Google is an organization that leads the way when it comes down to supporting their employees, making them happy and helping them be productive. The different offices and campuses all across the globe mirrors the organization’s overarching philosophy of becoming the happiest and the most productive workplace all over the world. It is very well documented that Google possesses a unique culture and not a typical corporat...

Read More arrow

N630M2 Human Resource Managment

Download : 0 | Pages : 10

Answer Usability Testing Usability is defined as the degree to which software can be utilized by consumers with effectiveness and efficiency with the purpose of achieving some set objectives. A critical analysis is the evaluation of a specific area, topic or item with the purpose of giving an individuals opinion based on the topic or item in question. Websites have been in existence for over a decade now and they have become the first point o...

Read More arrow Tags: Australia Upminster Management Business Law University of Melbourne 

HRMT20024 Managing Human Resources

Download : 0 | Pages : 8

Answer Introduction In the paper, the purpose is to throw glimpse on managing the human resources. This serves to be the most important aspect as the human resources are the most valuable assets for an organization. They have the momentous contribution towards the attainment of the so-called goals and objectives and facilitates the company to thrive and flourish with due smoothness. In the case study, the company Wollongong Yard is the top tr...

Read More arrow Tags: Australia South Kingsville Management SLP University of New South Wales Masters in Business Administration 

HRMG204 Organisational Behaviour

Download : 0 | Pages : 11

Answer Introduction Unethical business behaviors in organizations are the main factors that are affecting the organizations today. One may argue that the behaviors have some positive impacts on the business in the short run but in the long run, the practices might bring a lot of complications in the management of the organization. For instance, an organization that exploits its workers, in the long run, is likely to lose most of their workers...

Read More arrow Tags: Australia Corinda Management Company Analysis Report University of Queensland MBA 

HRMT20024 Managing Human Resources

Download : 0 | Pages : 9

Answer Introduction The Sustainable Mineral Institute is the University of Queensland-based research institute which is represented in this report as the best example of the opportunities for employment and the training for the math’s and science master graduates and the PhD students within the sector of the Australian University. The knowledge-based solutions are provided by the Sustainable Mineral Institute for the challenges that are...

Read More arrow Tags: Australia Sydney Management Report on Recruitment in an Industry/Organisation University of Sydney MBA 
Next

5% Cashback

On APP - grab it while it lasts!

Download app now

*Offer eligible for first 3 orders ordered through app!

ribbon
callback request mobile
Have any Query?