Strategic Analysis
QuTee1
ol_325_milestone_3.docxFinal Project Milestone 1
Running Head: FINAL PROJECT MILESTONE
Final Project Milestone Comment by Martin, Amy: Your paper should be between 5-7 pages. Remember 5 is the min. and only measn you are meeting expectations. Typically you will not score 100% if you are only meeting the min. requirements. Min. requirements result in a passing score of 70%- typically at least :)
Your Name
Southern New Hampshire University
Executive Summary
Strategic Analysis Comment by Martin, Amy: Please remember that each heading needs to be supported with evidence and include in-text citations. If you do not support each heading the highest marking you will get for each area will be proficient. Expelary requires you to provide an in-depth understading of the concept and that requires you show that you have researched the material and the research is your evidence used to support your findings. Comment by Martin, Amy: Appendx 1 of the Project Manual offers an excellent explination of each part of the strategic analysis.
(Should include executive summary and strategic analysis. In other words why did you arrive at the plan you chose and how will this drive the business strategically)
External Environment
Industry profile.
Competition.
Foreign demand.
Long-Term Industry Prospects.
Labor-market assessment.
Internal Capabilities
Functional capabilities.
Human resources capabilities.
Job Descriptions Comment by Martin, Amy: Those headings in green will be covered in milestone 2. Also please put # 4 on the Section 1 outline in the appendix (calculating point vales) Comment by Martin, Amy: In this section you will discuss the proper way to write job descriptions, what info do you need and how will you gather it. The four job descriptions you create will actually go into the appendix 1. Comment by Martin, Amy:
Job Structures Comment by Martin, Amy: In this section you will tell me what job structures are, and how you would design them. The actual job structures go in appendix 2.,
Point Evaluation Method Comment by Martin, Amy: In this section you will determine which benchmark jobs you will be using, you will chose compensable factors based on your bechmark jobs, you will design your factor degree statements, and determine weights for each compensable factor. Any tables or charts used in this section will not go in the body of the paper, but rather will be put in Appendix 2. All written work explaining the four items required for this heading should be explained in the body of the paper. Please remember to cite your work and support your answers. Chapter 6 of our text is a good place to look for information on this section.
Benchmark Jobs
Compensable Facotrs
Factor Degree Statements
Determining Proper Weights for compensable factors
Determining Appropriate Pay-Policy Mix Comment by Martin, Amy: Sections in green should be in the second milestone
Pay Policy Level Decisions
Compensation Survey
Competitors
Benchmark Jobs
Reconciling Differences
External Competitiveness
Compensation Survey Comment by Martin, Amy: For the requirement to reconcile jobs, please put that graph or table in Appendix 3. When it talks about updating CPI-U they mean to do that on the Excel spreadsheet. You can Google the CPI history and use those numbers.
Implementation
Interpretation of Results Comment by Martin, Amy: Chapter 7 is a good place to start to help you with this section.
Summary of Decision of Job Structure Placement
Appropriate Contributions Policy Comment by Martin, Amy: You need to do this for each job structure. You will find info on this is section III of the Project outline. B-D will be captured on your graphs and charts, but A needs to be explained in the body of the paper
Historical Perspective Comment by Martin, Amy: Headigns are not bolded. I did this for demonstration purposes and so you could see which headings you should use. Please make sure to refer to the library's APA page for rules on setting up headings. The rubric requires that the historical persepective be 1-2 pages. This requires you to give a historical perspective on compensation. How has comp changes? What are some major historical events in relationship to total comp? Comment by Martin, Amy: Headings in red should be contained in the final project. Please remember you also have to go back and make changes recommended in the first three milestones
Summary
References Comment by Martin, Amy: Please make sure you use proper APA formatting and also remember to remove your hyperlinkes. YOu can do this by right clicking on the link and chosing remove hyperlink
· Please remember you need at least five references per milestone or a min. of 15 for the final project
Appendix 1 Comment by Martin, Amy: Your four job descriptions will go here.
Appendix 2 Comment by Martin, Amy: Job Structures section: Put any charts or graphs in this section. You will also want to make sure you follow the directions under Section 1 Outline (D) nos 1-7. This is what I will be looking for in this section.
What is contained in the Appendix…
1. Job Descriptions Comment by Martin, Amy: Remember that even though the actual work product goes in this section, you also need to address in the body of the paper what the concepts and best practices are.
2. Job Structures
3. Job evaluation worksheet
· Other pointers:
· Remember to avoid first person in APA
· Remember to avoid personification (companies are not living things so they cannot perform living actions)
· Remember to avoid starting sentences with pronouns
· Remember that college-level writing is formal and informal grammar should be avoided
· Remember this is a milestone paper and the guide I have provided here is what your final paper will look like. You need to review the rubrics for each milestone to determine what must be contained in each. You will have three different milestones, each building on the one prior. Then you will take all three and combine to turn in for your final project grade. You will need to make the suggested changes in each milestone. If you do not make the change the secondary deduction will be higher than the first since you were provided feedback.
· Each milestone is 5-7 pages, including the body of the paper only. Your title page, reference page and appendix do not count towards the 5-7 page requirement. That means the final project you turn in will be between 15-21 pages in the body of the paper, plus your title page, reference page and appendix.
· Each headings needs to be supported with evidence and contain in-text citations
Grading
Exemplary: I would assign this mark if you meet the page length requirement, cover all of the required topics under the heading, and use proper APA formatting, grammar and citation. You must use a citation in every heading and section in order to receive this marking.
Proficient: I would assign this mark if you were missing one of the elements listed under the exemplary, but met all the other requirements.
Needs Improvement: I would assign this mark if you were missing two or more of the elements listed under the exemplary, but met all the other requirements.
Not Evident: I would assign this mark if you do not cover the required section.
Finding the Project Information
1. From the course homepage find the “MyManagementLab” tab on the left-hand side of the course.
2. Sign on to the “Pearson” page. I do not have your password info, so if you do not have your info you will need to contact the help desk.
3. Click on your course. ID: martin21384
4. There are also directions in the announcements on how to access this information
5. Once you are in the course, click on “Building Strategic Compensation Project”
6. You will see both a TXT file and an Excel Spreadsheet. You will need the Spreadsheet later in the project. All of the project info and directions are in the TXT file. Also please remember to review the four rubrics for the project.
Websites that may be helpful
· http://www.occupationalinfo.org/
· This one is for point evaluation method: http://www.hr-guide.com/data/G414.htm
· This one is for factor statements: http://www.weaonline.org/wea_membership/wea_membership_factor.pdf
· NAICS code: http://siccode.com/en/codes/naics/512230/music-publishers (I would use the same code as companies like iTunes)
· https://hr.lehigh.edu/benchmark-vs-non-benchmark-jobs
Here is a site you may need for help with APA.
http://libguides.snhu.edu/c.php?g=92369&p=596377
