Overview
This project is the development of an organizational analysis and recommendations plan with a research component.
Conduct research on the availability of key internal and external data, including but not limited to historical and current financial data, competitor information, social responsibility, products, customers, mission and goals, and employee demographics for an organization of your choosing.
To make this assignment more meaningfu, it is recommended that the organization you select be based on a department or division in which you currently work or aspire to work, as this will make for a more meaningful assignment experience that will incorporate your experiences and interests.
The organizational analysis and recommendations plan is the final artifact for submission.
All components of the assessment should be written as a formal research paper formulated in language and structure appropriate for submission to company management.
Requirements of Submission: Written components of project must follow these formatting guidelines when applicable: double spacing, 12-point Times New Roman font, one-inch margins, and APA format.
Worksheet A: Organizational Background, Decision Making, SWOT and Gap Analysis
The first part of the organizational analysis and recommendations project requires organizational identification. This simply means to identify an organization that you would like to shape your human capital management strategic planning project around. You can select an organization of your choice. If you decide to focus on your current workplace, make sure to notify the instructor and change the company name for protection of privacy.
The following items should be included in your submission:
Name of Organization
Background of Organization
• An overview of the company and its goals and mission
• A brief history of the company, including its foundation and purpose
• The products, goods, or services provided by your chosen company
• A description of the customer base of the company
• An overview of the markets served by this company, including their current market share
• Identification of the company's major competitors
• A description of the organizational structure (including overall responsibilities of the board of directors)
• A breakdown of the company's employee demographics
Decision Making (Concepts from Module Two)
Discuss best practices for strategic decision-making as identified in Module Two and whether they relate to the types of decisions you foresee applying to your strategic plan. Also identify specific decision-making tools that you will consider and your reasoning for using those specific decision-making tools (i.e., decision-making tools identified in Module Two).
SWOT Analysis (Concepts from Modules Three and Four):
• Identify internal and external types of primary and secondary data used in developing your SWOT analysis.
Conduct a SWOT analysis within the scope of human resource management (HRM)/human capital management (HCM) to the organization you selected.
• Identify 3-5 specific areas within each section of the SWOT analysis for each of the following quadrants:
a) Variances in past and current financial health and how those variances or trends will impact future available resources for hiring and staffing
b) The effectiveness of personnel allocation, staffing, and scheduling
c) Current management goals and the progress toward meeting those goals
d) Organizational challenges related to external or internal influences
Worksheet B: Balanced Scorecard Applied to Strategic HRM/HCM Planning
This is the second part of the project, which builds on the information you completed in Worksheet A.
1. Review your SWOT analysis, goal statements, and gap analysis from Worksheet A.
2. Create 12 goal statements, 3 from each area within your SWOT analysis, that can be applied to the Learning and Growth (HRM side of the balanced scorecard):
a) 3 goals statements from internal strengths
b) 3 goal statements from internal weaknesses
c) 3 goal statements from external opportunities
d) 3 goals statements from external threats
Consider the following as you develop the goal statements:
a) Keep in mind that the reason you are being asked about where your goal statement derived from is to help you see the progress of strategic planning from research, identification, ideas, and goals to specific trackable goals within the balanced scorecard.
b) A customized table is available on the following page to help you organize your goals according to the balanced scorecard format. Complete the assignment within the table provided.
Worksheet C: Creating Strategic Initiative Buy-In
This is the third part of the project, which builds on the information you completed in Worksheet B.
In Worksheet B, you created a total of 12 goal statements from each area within your SWOT analysis that you defined in Worksheet A. Those goal statements were then applied to the Learning and Growth (HRM side of the balanced scorecard) in Worksheet B.
For this assignment, discuss how you will be able to create a vision for your proposed strategic initiatives based on Kotter's (2007) steps to establishing vision for strategic initiatives:
1. How will you create a sense of urgency?
2. What individuals or groups within your organization would you want to get together to help support and share your vision with others in the organization? Why?
3. How will you create a vision that incorporates a solution to the urgency of change with your strategic initiatives?
4. How will you go about communicating that vision? Why?
5. What strategies will you use to empower people to participate in carrying out the actions for your strategic vision?
6. What key "short-term wins" will you celebrate? How will you celebrate? How will you use that for momentum to achieve more results?