Career management recommendation

Assignment Help Finance Basics
Reference no: EM13548133

Final Exam HRDV 5700
Career Management Recommendation
The purpose of the Career Management Final Exam is to provide you the opportunity to apply career management theory to enhance an organization's effectiveness
Imagine you are an HR associate. Your task is to make a recommendation to your corporations CEO to establish a Career Management Program. (It can be the CEO of a hypothetical company if you prefer.) The components of your recommendation are as follows:
1. Executive Summary
A brief summary of your recommendation and key points

2. Recommendation
A clear, concise statement of exactly what you are recommending.

3. Justification
In general terms, why do you recommend this action. This section should summarize the key reasons for your recommendation.

4. Background
This section substantiates your recommendation. It provides the details. It contains the following subsections.
a) History of the Issue:

  • Details and demographics on the company.
  • Past practices
  • Rational

b) Symptoms vs. Causes:

  • What conditions (e.g. turnover, morale, complaints, and cost) indicate the need for action?
  • What variables have changed thus causing these symptoms to appear?
  • Have you distinguished between fact, opinion, and your own inferences?

c) Cost Implications:

  • What are the annualized costs and benefits?
  • Do the benefits outweigh the costs?
  • What will be the impact on the HR budget?

d) Legal Implications:

  • Are there any legal risks involved?
  • How do you plan to deal with the legal risks?

e) Relationship Implications:

  • How do the employees feel about this issue?
  • Can you expect supervisors and managers to implement the new policy, practices and procedures?
  • How will the outside publics react to this recommendation?
  • Will it impact recruiting and retention.

f) Other company practices:

  • How do other companies handle this issue?
  • What published survey results are available?
  • Have you done a survey of company employees?
  • What do the survey results tell you?

g) Timing:

  • How quickly must the issue be resolved?
  • What is your time frame for implementation?


5. Evaluation of Alternatives

  • What alternatives did you consider?
  • What are the advantages of each alternative? Disadvantages?
  • List them 1, 2, 3, etc.
  • What value or weighting should be assigned to various advantages and disadvantages?
  • What elements are essential for your recommendation?
  • What elements are desirable?
  • What is your evaluation of each alternative?


6. Implementation

  • What specific actions must be taken to put your recommendation into effect?
  • What is the implementation timetable?
  • Include drafts of proposed policy, procedures, and communications to employees


7. Appendices (samples of forms used)
The Career Management Recommendation should be of sufficient length to cover the subject.

 

Reference no: EM13548133

Questions Cloud

Annual cash flow probability : Annual Cash Flow Probability
Assigned application problems : Assigned Application Problems
A political advisory committee recently recommended : A political advisory committee recently recommended wage and price controls to prevent the spiraling inflation that was experienced in the 1970s. Members of the investment community and several labor unions have sent the committee reports that..
The bonds your company just issued carry a yield : The bonds your company just issued carry a yield to maturity of 9%, and you have preferred stock outstanding which pays a 7% dividend yield. Your company has a tax rate of 33%. The president of your company has just suggested to you that you i..
Career management recommendation : Career Management Recommendation
Since east coast yachts is producing at full capacity : Since East Coast Yachts is producing at full capacity
Construct a futures hedge for adm to manage : Construct a futures hedge for ADM to manage this risk. Be sure to correctly specify the number of contracts, dates, spot market price, futures market price. Be sure to show the profit or loss from the hedge.
Research to develop a new computer game : KADS, Inc., has spent $400,000 on research to develop a new computer game.
A tax credit produces a tax benefit : A tax credit produces a tax benefit only to the extent of the effective tax rate in the taxpayer's top bracket multiplied by the amount of the credit

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd