Signature Assignment: HR Strategic Planning Proposal [due Mon] Assignment Content Scenario: ABC Company, a midsize organization founded in 2010, is a health care company specializing in hospital...

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Signature Assignment: HR Strategic Planning Proposal [due Mon]

Assignment Content




  1. Scenario: ABC Company, a midsize organization founded in 2010, is a health care company specializing in hospital products. ABC employs approximately 600 employees. The company is currently doing business in the Midwestern states.






    The new president, Jason Fenwick, is eager to take the organization to the next level of performance. Jason’s plan is to grow the business through entry into the medical device business. Cultural considerations for the growth strategy include:







    • A passion for innovation, expansion, and growth

    • Collaboration and teamwork

    • A discovery mindset

    • Drive and a bias for action






    ABC has established a track record of success. Financial goals have been reached every year for the past five years. The health care industry continues to experience extraordinary change and Jason senses that the time is right to expand the footprint of ABC through entering a new market, the medical device business.






    With the new strategic direction in mind, Jason has recruited you from a major competitor of ABC, as the new Vice President of Human Resources. You were selected based on your outstanding performance, innovative approach to HR as demonstrated in your former organization, and your bias for action and results. Jason admires your strategic skills and proven accomplishments.






    Jason is excited to move forward and has requested a proposal from you about your best thinking in aligning the HR function with the new strategic direction. Keep in mind, skills for entering into the medical devices business are not currently possessed within the workforce. This will impact the approach to Talent Acquisition and Retention.






    Develop
    the proposal requested by Jason, include the following seven considerations:



    1. Synthesize what you learned from being in charge of HR for a small business that you would like to try to implement at ABC.

    2. Analyze the challenges of working in HR for a larger business like ABC that need to be addressed to better align the HR function with the new strategic direction.

    3. Evaluate each HR functional area to determine what changes will be needed to align with and support the new strategic direction (Refer to Appendix B for assistance):

    4. Functional Area #1: Talent Acquisition & Retention

    5. Functional Area #3: Learning & Development

    6. Functional Area #4: Total Rewards

    7. Functional Area #6: Organizational Effectiveness & Development

    8. Functional Area #11: Diversity & Inclusion

    9. Functional Area #15: Business & HR Strategy

    10. Integrate the cultural considerations discussion important to Jason into the proposal.

    11. Create a business case that includes the business objectives you hope to achieve by aligning the HR organization with the new strategic direction, with a strong focus on growth.

    12. Analyze legal and ethical considerations related to the functional areas covered.

    13. Create 3 to 5 frequently asked questions(FAQ) with answers in preparation for discussions with other members of Jason’s executive leadership team.



    Research
    information on HR strategic planning proposals using the internet and
    University Library.







    Design
    a 1,050- to 1,400-word proposal to respond request made by Jason.







    Write
    the plan in the third-person voice.







    Use
    the bullet points in the assignment as an organizational tool to develop
    headings (the exact wording of headings is your choice) that will signal the topics and keep your document organized.







    Submit
    your assignment.


Answered 2 days AfterMay 08, 2021

Answer To: Signature Assignment: HR Strategic Planning Proposal [due Mon] Assignment Content Scenario: ABC...

Shubham answered on May 10 2021
146 Votes
Running Head: HUMAN RESOURCE MANAGEMENT                    1
HUMAN RESOURCE MANAGEMENT                            3
HUMAN RESOURCE MANAGEMENT
Table of Contents
Learning from Previous Organization    3
Challenges of Working in HR    3
Evaluation of HR Functional Area    3
Talent Acquisition & Retention    3
Learning & Development    4
Total Rewards    4
Organizational Ef
fectiveness & Development    5
Diversity & Inclusion    5
Business & HR Strategy    5
Integration of Cultural Considerations    6
Business Case    6
Legal and Ethical Considerations    7
FAQs    7
References    8
Learning from Previous Organization
Every HR in an organization whether big or small faces challenges of optimum utilization of human resources. The resources should not be wasted by being idle or unproductive. The learning include right employee should do right job. Training and development are most critical aspects of job being able to deliver satisfaction and engagement.
It should be reviewed timely to ensure internal talent could be promoted to leadership positions. The conflict resolution need to be quick and efficient, as it will lead to communication differences. Employees should be involved in change management to smoothen the process and avoid alienated situation for them.
Challenges of Working in HR
As an HR, there will be challenges, which will come on the way as ABC is planning to enter new market by expanding into medical device business. This expansion will create space for change management, which in itself is a deal to manage. The leadership for this new segment need to be developed so that new customers can be acquired.
Even the experienced employees need to be trained well before being allowed to take over the tasks. As per Sharma, Singh and Jangalwa (2017), the plans to execute strategic direction to achieve goals by keeping a track of performance and data driven alignment of human capital, which will help in increasing sales.
Evaluation of HR Functional Area
Talent Acquisition & Retention
The expansion requires skill based acquisition of talent. This kind of hiring is proved as beneficial for retaining talent in the longer run. The main factors, which are hard to manage and need attention, are motivation and leadership. This is required for the engagement of the team and the employees (Falletta & Combs, 2020). The leader will be able to rope the efforts of employees in reaching target customers, increase the sales and make a recognition in the market about the brand and products. Appropriate competence can lead to climbing the ladder of success but this is for ensuring the potential need to be judged sustainability.
Learning & Development
This will be required even for new and experienced team members because it will help in aligning the performance and goals of the employees with those of the organization. Sung and Choi (2018) stated that by filling the skill gap through training and bridging it with development programs to drive the progress towards success, it will lead to growth.
Other important factor of L&D is, it will make employees aware and remind them consistently about growth strategy and cultural considerations, which hold values for organization. It will guide them to move in strategic direction as suggested. Bremen, Hathaway and Levanat (2020) believed that using...
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