ACTIVITY 5 A Table illustrating both modern and traditional indicators of how business performance can be evaluated. You should highlight, with examples from your own organisation or from other...

ACTIVITY 5 A Table illustrating both modern and traditional indicators of how business performance can be evaluated. You should highlight, with examples from your own organisation or from other sources. The role of HR business planning and change management. - Outline how organisation measures performance. Use both modern and traditional indicators. please write about measures of HR effeciency, effectiveness and measures of HR impact - - what role does HR play in change management and business planning. Modern Performance internal vs external Development of priority skills and knowledge Effectiveness of wellbeing provision on talent retention and performance Traditional Time to hire Training spend per employee Absence level Activity 6 An assessment of how different sources of business and contextual data should be considered and used when planning ( eg. Internal information within organisation, including HR metrics, industry information, such as trends in HR, competitive information and government information) -what internal and external sources of data can be accessed -select a range of sources and assess how they can be used in business planning. Internal • Cost data • Accounts • Customer analysis • Human metric- staff turnover, productivity, absence data External • Legislative- the way it should be done • Cipd – labour market reports • Market data- competition