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How business performance can be evaluated

Assignment Help HR Management
Reference no: EM132254154

Part B (2,200 words)

As an experienced HR Manager, you have been asked to produce a discussion paper to be delivered in support of a seminar at a Leadership Development Forum. The seminar is entitled 'HR's contribution to organisational performance.' In order to facilitate discussion in the right direction, your paper should cover the following 2 key areas:

1. BUSINESS PERFORMANCE (3.1)

• How business performance can be evaluated using 'traditional' and 'modern' indicators. (AC3.1)
• Examples of how HR contributes to business planning and change management with some examples to illustrate HR's key role. (AC3.1)

2. BUSINESS DATA (3.2)
An explanation of how different sources of business and contextual data can be assessed and used for planning purposes e.g. internal information within the organisation including HR metrics and industry information such as trends in HR, competitive information and government information. (AC3.2)

ADDITIONAL INFORMATION
Please also comment on how you will transfer the new knowledge and skills gained during this assignment into working practices. You may also use this reflection for your CPD.

You should also include 3-5 references from up to date and relevant sources in order to support your findings.

1. Business performance
- Evaluation : Explain why important to evaluate business performance
Traditional indicators: e.g
- Profit and loss
- Competitive position
- KPI's/ SLA's
- Customer feedback
- Product assessment
- Safely record
- Turnover/stability

Verified Expert

In this report, the different roles of Human resource in an organisation had been discussed. In the first half, the different business performance indicators had be discussed and how they are used had been explained. Then the key roles of HR in the business planning and change management had been evaluated. Then use of the business and contextual data from different sources for business planning had been identified. In the end, a brief conclusion had been given.

Reference no: EM132254154

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len2254154

3/12/2019 1:38:41 AM

Dear This assignment is for CIPD course level 5. Kindly ensure it’s free from plagiarism. Maximum reference should not exceed 5. Please refer to the attachment for the assignment and supporting documents.

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