Homework: Investment and ROI
We will evaluate the concept of treating human resource management processes, practices, and procedures from a strategic point of view. The skills and knowledge possessed by individuals can be valuable assets to any organization and should be treated as such. Organizations should understand how to value/measure and manage from an investment point of view all as-sets, including those related to their employees. However, many factors can influence the in-vestment orientation of an organization. Understanding the risks and benefits to the organization of investing in human capital is of great importance.
Review additional Resources:
i. Human Technology Week 2 - see pdf
ii. HTP -see pdf
iii. Performance Consulting Chapter 3 -see word.doc
Mello, J. (2015). Strategic Human Resources Management (4th edition). South-Western, Cengage LearningISBN: 9781285426792
Task:
In a 2 pages minimum paper, answer one the following questions:
You have been asked to assess the interface for company XYZ's online job bank and resume submission function. You have limited information; however, you do know that:
i. HR is overwhelmed with the number of resume submissions.
ii. Internal users complain that their applications disappear into never-never land -and that they never hear back about whether they were considered for the position.
iii. A few external users call HR to ask how to send a resume directly since the online system will not accept their resume.
iv. The niece of the current Chief Executive Officer visited the site and complained about how frumpy and tired the site was and stated this was a real turn-off.
Understanding and measuring human capital in an organization is a critical component which requires an investment perspective of human resource management.
i. You have assumed a new leadership role in Company XYZ.
ii. Your first homework is to evaluate the current HR initiatives in your current role.
iii. Knowing that employees are both a significant resources and significant cost for an organization, this employee contributions to the bottom line must be measured.
iv. Provide a detailed approach you would take in your new role to accomplish this task.
Format your homework according to the following formatting requirements:
i) The answer should be typed, using Times New Roman font (size 12), double spaced, with one-inch margins on all sides.
ii) The response also includes a cover page containing the title of the homework, the student's name, the course title, and the date. The cover page is not included in the required page length.
iii) Also include a reference page. The Citations and references must follow APA format. The reference page is not included in the required page length.