HRM318 Human Capital Measurement

You are required to produce a report to your HR director with the following:
1. Generate insights by analysing the data provided using appropriate statistical analyses (See Appendix 1 for more details on the data). Your insights should describe the steps in your analysis including relevant justifications for the statistical analyses used and report significant results (including the descriptive statistics). Based on your analyses, your insights should identify ONE (1) vulnerable department and recommend TWO (2) areas of improvement (i.e., factors) for the department that may help improve engagement. (Hint: You are advised to first analyse the general patterns in the data before identifying the vulnerable department). Examine TWO (2) key limitations in using the company’s method of data collection and your associated statistical analyses to recommend areas of improvement.
2. Discuss the link between human capital to business using the Fitz-Enz’s Human Capital-to-Enterprise pathway for the selected departments. For the human capital management level, determine the relevant focus areas in the human capital management level that best match the recommended areas of improvement (i.e., factors) obtained in your analysis with explanations.
3. With the selected relevant focus areas in the human capital management level, design a measurements for the selected department based on the HR scorecard (Exclude business output and include only relevant HR Scorecard dimensions and metrics) with explanations. Provide evidence from credible sources to support the linkages between the measurements. (Note: You are required to perform some research from reputable journals, books and/or book chapters, and periodicals. Please provide the citations and references).

General Formatting of the Report

1. Organisation
a. Provide proper headings in the report with levels of headings following the 7th edition APA format.
b. Headings need to be meaningful (i.e., reflect the expected content of the sections).
c. Tables and Figures need to follow the 7th edition APA format.
2. Citations and References
a. Citations and references need to follow the 7th edition APA format.
b. Citations and references need to be from credible and original sources where appropriate. Examples of credible and original sources are from reputable journals such as the Academy of Management Journal, Academy of Management Review, Journal of Applied Psychology, and Personnel Psychology.