BMGT - Executive Summary + HR Plan
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Project 3: Phase 3: Organizing Human Capital Business Strategy
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Instructions
BMGT 364 Project 3 (Week 7) Organizing Human Capital Business Strategy Analysis – Phase 3
NOTE: All submitted work is to be your original work. You may not use any work from another student, the Internet or an online clearinghouse. You are expected to understand the Academic Dishonesty and Plagiarism Policy, and know that it is your responsibility to learn about instructor and general academic expectations with regard to proper citation of sources as specified in the APA Publication Manual, 6th Ed. (Students are held accountable for in‑text citations and an associated reference list only).
Purpose
In this project, you will complete Phase 3 of the Business Strategy Analysis. Drawing from the course material, you will
Use the course material through week 7 and your research to complete Phase 3 of the Strategy Analysis. Learn and apply concepts concerning human resources. You will also write an Executive Summary.
Skill Building:
You are also completing this project to help develop critical thinking and develop part of a management plan.
You will be required to research the infant formula industry as a continuation of Project 1 and Project 2. Do not take the research lightly as you are required to do significant research to answer the requirements of the project.
Skills: Research, Critical Thinking, Write a Strategy Analysis
Outcome Met by Completing This Assignment
employ effective planning processes to develop strategies, goals, and objectives in order to enhance performance and sustainability organize human, physical, and financial resources for the effective and efficient attainment of organizational goals demonstrate leadership skills by communicating a shared vision, motivating and empowering others, and creating a culture of ethical decision‑making and innovation
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develop measures and assess outcomes against plans and standards to improve organizational effectiveness
The Executive Director for the new Asia Division, has been asked by Max Barney to put together, and present in a report to him, a business strategy that will be a guide for the next year as the new division moves forward. The Executive Director will be working with the consulting group and they will assist with putting together this plan. The final plan will be laid out as outlined below and developed in three phases.
You have successfully completed Phase I and Phase II and it is now time to complete Phase III. In the third phase, Section I and Section VII will be completed.
Section I – Executive Summary
Section II – Goals and Objectives
Section III – Competitive Analysis
Section IV – Description of Organizational Structure and Culture
Section V – Breakdown of Product and Services
Section VI – Communications Plan
Section VII – Human Resources Plan
The business strategy will provide the organization an opportunity to explain the goals and objectives of the new division and help with the development of the strategy to achieve them. The plan will allow the company to gain insight into the current status of the industry it is venturing into using internal and external analysis tools, and then use this analysis to design its division’s business environment. In addition, the plan will be used to form the team that will bring the vision for this division to reality.
Instructions for completing Phase III
These two sections will finalize the strategy the group from Expert Foods Consultants has been assisting the Executive Director with. Although you typically would be combining all three phases into one document, for the purpose of this work, you will on present the two parts identified above.
You will need the Biotech Company Profile to complete the analysis.
Step 1: Human Resource Plan
A human resource plan will allow the director of the new Asia division to identify the future human resource needs for the organization. The director has asked Expert Foods Consultants to evaluate the product line identified and conduct market analysis to determine possible man power needs for the product manufacturing and all management and supervisory roles (to include all levels of management). The management levels should have been identified in the Description of Organizational Structure and Culture section of this strategy, but the
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resource needs in manufacturing will need to be considered. Remember the only person currently hired for the new facility is the Director so there will need to be Assistant Division Directors (ADD) for the other areas identified in the Structure such as Marketing, R&D, Sales, etc. Each of the ADD’s will need to have staff as well; you will need to identify how each ADD will be provided staff. Will they identify and interview themselves or will HR be a part of the hiring process. The Organizational Chart is also a part of the HR plan so ensure that a revised organizational chart is also placed in this section for reference.
Training is a key to retention in business today; employees like to feel they are important to the organization and investment in their competencies shows commitment to them. So, consider what the new division will need to do to ensure they are keeping the best talent they find.
Evaluation is another way organizations can show their commitment to employees. How will the new division conduct employee evaluations based on what is common in the area that the Expert Foods Consultants identified? This will require a level of research in common HR practices in that region.
You needs to remember that this is a brand new division that will be selling products that Biotech currently is not involved in so all aspects of business will need to be considered such as marketing, etc. Remember there is no perfect HR Plan, just plans that work and plans that do not. Good plans consider the employee and the culture around them just as important as the organization itself.
Step 2: Executive Summary
The Executive Summary will be the first section of the paper but should be written last since it will highlight what is intended for discussion in the rest of the strategy. A good executive summary is compelling. It reveals the company’s mission statement, along with a short description of the products Biotech will provide at the launch of the new division. It is also necessary to briefly explain why Biotech is starting the new division and include details about Biotech’s experience related to the industry the company is entering.
Step 4: Review the Paper
Read the paper to ensure all required elements are present. Use the grading rubric to ensure that you gain the most points possible for this assignment.
Proofread the paper for spelling and grammatical issues, and third person writing.
Read the paper aloud as a first measure; Use the spell and grammar check in Word as a second measure; Have someone who has excellent English skills proof the paper; Consider submitting the memo to the Effective Writing Center (EWC). The EWC will provide 4‑6 areas that may need improvement.
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Step 5: Submit the paper in the Assignment Folder (The assignment submitted to the Assignment Folder will be considered the student's final product and therefore ready for grading by the instructor. It is incumbent upon the student to verify the assignment is the correct submission. No exceptions will be considered by the instructor).
How to Set Up the Paper
Create a Word or Rich Text Format (RTF) document that is double‑ spaced. Use 12‑point font. The final product will be 3‑5 pages in length excluding the title page and reference page. Write clearly and concisely.
Completing the Plan
In order to complete this analysis, you will want to first read the module, Learn How to Support What You Write, as this assignment requires you to use the course readings and research to support what you write. Also,
Read and use the grading rubric while completing the problem set to ensure all requirements are met that will lead to the highest possible grade.
Third person writing is required. Third person means that there are no words such as “I, me, my, we, or us” (first person writing), nor is there use of “you or your” (second person writing). If uncertain how to write in the third person, view this link: http://www.quickanddirtytips.com/education/grammar/first‑ second‑and‑third‑person.
Contractions are not used in business writing, so do not use them.
Paraphrase and do not use direct quotation marks. Paraphrase means you do not use more than four consecutive words from a source document. Instead put a passage from a source document into your own words and attribute the passage to the source document. Not using direct quotation marks means that there should be no passages with quotation marks and instead the source material is paraphrased as stated above. Note that a reference within a reference list cannot exist without an associated in‑text citation and vice versa. You may not use more than four consecutive words from a source document, as doing so would require direct quotation marks. Changing words from a passage does not exclude the passage from having quotation marks. If more than four consecutive words are used from source documents, this material will not be included in the grade and could lead to allegations of academic dishonesty.
You are expected to use the case scenarios and weekly course material to develop the analysis and support the reasoning. There should be a robust use of the course material along with thorough analysis of potential location information. Material used from a source document must be cited and referenced. A reference within a reference list cannot exist without an associated in‑text citation
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Due Date
Mar 3, 2019 11:59 PM
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Rubric Name: Project #3 Organizing Human Capital ‑Phase 3 13%
and vice versa. Changing words from a passage does not exclude the passage from having quotation marks. If more than four consecutive words are used from source documents, this material will not be included in the grade and could lead to allegations of academic dishonesty.
Use in‑text citations and provide a reference list that contains the reference associated with each in‑text citation.
You may not use books in completing this problem set unless part of the course material. Also, do not use a dictionary or Wikipedia.
Provide the page or paragraph number in every in‑text citation presented. If the eBook does not have pages, provide the chapter title and topic heading. If using a video, provide the minutes and second of the cited material.
Self‑Plagiarism: Self‑plagiarism is the act of reusing significant, identical or nearly identical portions of one's own work. You cannot re‑ use any portion of a paper or other graded work that was submitted to another class even if you are retaking this course. You also will not reuse any portion of previously submitted work in this class. A zero will be assigned to the assignment if self‑plagiarized. Faculty do not have the discretion to accept self‑plagiarized work.
Criteria Above Average Sufficient Develo
Executive
Summary
2.6 points
Outstanding executive
summary that contains a
very detailed Problem
Section,
History/Background
Section, Effects of the
Problem,
Recommendation, and
Conclusion. The
executive summary
should be extensive and
should clearly identify the
problem and the solution.
2.21 points
Good presentation
containing all of the
proper elements and
outlines the problem
and the solution, but
does not contain
enough detail and
needs some
development.
(2.08 ‑ 2.33)
1.95 points
Executive s
either has
which are to
contains pa
that have
well‑develo
executive su
lacking in
(1.82 ‑
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(2.34 ‑ 2.6)
Human
Resources
Plan
5.85 points
Thoroughly and correctly
describes and discusses
all of the elements for
the human resources plan
(Retention of staff, hiring
human capital, training,
ensuring new hires meet
competencies of Biotech,
creating appropriate
culture, development of
HR practices including
creating evaluative tools
to assess employees)
using the research, case
scenario facts and course
material to support
reasoning and
conclusions. To earn a
grade in this range, the
human resource plan has
to be exceptional
covering all elements of
the plan with detail and
support. The plan is not
to be written as, "Biotech
should do this and should
do that."
(5.265 ‑ 5.85)
4.9725 points
Correctly describes anddiscusses most or all of the elements for the human resources plan and uses research, case scenario factsAND course material to support the reasoning and conclusions made; needs clarity or some development; not thorough enough.
(4.68 5.264)
4.3875 point
Attempts describe discuss theelemen the human resources plan and attempts research, scenario factsAND material t support t reasoning conclusio significan clarity or developm needed.
(4.095
Organizational
Chart
1.3 points
Thoroughly and correctly integrates the organizational chart into this phase discussing the required updates and how the chart fits into the HR plan.
(1.17 ‑ 1.3)
1.105 points
Correctly integrates the organizational chart into this phase discussing the required updates and how the chart fits into the HR plan but one or two areas needs development.
(1.04 1.16)
0.975 points
Attempts tointegrat organizati chart into phase disc the require updates a the chart f the HR pla several a need developm
(0.91
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Attention to
Instructions
1.3 points
The paper contains completion of all major assignment tasks including
writing the report. The paper also
includes completion of all minor aspects of the assignment such as third person writing, required use of course readings, outside sources if needed, and
assignment format.
(1.17 1.3)
1.105 points
The paper contains completion of all major assignment
tasks including writing the report. The paper
missed 1 minor aspect of the
assignment such as third person writing, required use of course readings, outside sources if needed, and
assignment format.
(1.04 1.16)
0.975 points
The paper major ass
task (includ the report) o
aspects assignm
(0.91
Writing
Mechanics
1.3 points
Strictly adheres to standard usage rules of written English using paragraphs and sentences rather than bullets,
including but not limited to
capitalization, punctuation, runon sentences, missing or extra words, stylistic errors, spelling and
grammatical errors. No contractions or jargon used. 0 to 2 errors noted.
(1.17 1.3)
1.105 points
Excellently adheres to
standard usage of mechanics:
conventions of written English,
including capitalization,
punctuation, and spelling. 3 to 6 errors noted.
(1.04 1.16)
0.975 points
Satisfa adhere
standard rules
mecha convent
English, in capitaliz
punctuati spelling
10 errors
(0.91
APA Style (6th
ed.)
0.65 points 0.5525 points 0.4875 point
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Total / 13
Overall Score
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1 2 APA style or usage errors;
Proper citation of source material is used throughout paper; Reference titles follow APA with only the first word, the first word after a colon and proper nouns capitalized.
(0.585 0.65)
Attempts intext citations and
reference list but 3 4 APA style errors noted or fails to use APA citations when appropriate 1 2
times.
(0.52 0.584)
Attempts citation referenc APA style
are no throug
document use APA c when app
3 time docum
(0.455
Above Average 11.7 points minimum
Sufficient 10.4 points minimum
Developing 9.1 points minimum
Nee Imp 7.8