BUSINESS FINANCE Coventry University Evaluating an International HRM Strategy Report

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For this assignment, you will need to take the role of a HR manager, taking part in an internal evaluation of your international organisation’s human resource management strategy. As a result will be expected to submit a report with your recommendations to the HR Director.
Please select an appropriate (Multinational Corporation) MNC of your choice. Your audit is from an ‘HR’ perspective as it is likely that the business will establish a joint venture in the new market which will require some staff to be recruited locally and also the relocation of some expatriate staff from within your organisation to manage the new venture alongside those of your joint venture partner.
Your report should highlight the HR functions as listed below. Your report will analyse 2 only of the following HR Practices:
1. Recruitment and Selection
2. Training and Development
3. Reward Management
After selecting 2 HR practices above you have to include the following approaches to the HR practices :
In each of your chosen areas of HR practice, please identify how your recommended strategies will impact upon:

  1. I. Organisational Performance
  2. II. Employee Commitment
  3. III. Workforce Flexibility
  4. I. Workforce Quality

In addition the report should include:
The purpose of the report – a brief overview of the selected sector for the last five years and its developments and challenges and future needs. This assignment will assess all of the learning outcomes for this module.
Your data response should include an analysis, using both qualitative and quantitative data, of the following:
• Key economic drivers in the Host country
• A comparative analysis of HR systems globally
• Organisational issues that influence the development and implementation of HRM strategy (Cross-cultural training for expatriates, T&D section) and the social aspect of the host country in the (PESTLE analysis). Please use the following structure below as a guide to the content your tutor(s) will expect to see in your assignment based upon the learning outcomes being assessed.
Coursework 1 Assignment Brief, Assignment Guidelines and Rubric
Assignment Brief
 

Assignment Number and Weighting Coursework 1
100%		 Anonymous marking No
Submission Date and Time See Moodle submission link Expected return of feedback and marked work 14 working days from the deadline
Assessment is made up of multiple submissions No
Submission
Procedure		 Electronically via Moodle (Turnitin) ONLY Word Count 3000
Assignment Title Evaluating an International HRM Strategy
Assessment Learning Outcomes  This assignment is designed to assess learning outcomes:
L01: Critically examine the economic drivers in the international business environment that influence HRM strategies and evaluate the main HRM theories and models in relation to economic drivers.
L02: Evaluate the effectiveness of HRM strategies in achieving the goals of employee commitment, flexibility, quality and strategic integration
L03: Critically Analyse the differences in approach to HRM Globally and outline possible reasons for such differences
L04: Critically evaluate the theory and evidence about the relationship between HRM and organisational performance
L05: Analyse the organisational, national and cultural specific issues that influence the development and implementation of HRM strategy
L06:  Demonstrate the management skills required in international business to successfully engage and win support from key stakeholders
Details of the task
 


 		 For this assignment, you will need to take the role of a HR manager, taking part in an internal evaluation of your international organisation’s human resource management strategy. As a result will be expected to submit a report with your recommendations to the HR Director.
Please select an appropriate (Multinational Corporation) MNC of your choice. Your audit is from an ‘HR’ perspective as it is likely that the business will establish a joint venture in the new market which will require some staff to be recruited locally and also the relocation of some expatriate staff from within your organisation to manage the new venture alongside those of your joint venture partner.
Your report should highlight the HR functions as listed below. Your report will analyse 2 only of the following HR Practices:
1.  Recruitment and Selection
2.  Training and Development
3.  Reward Management
After  selecting  2 HR practices above you have to include the following approaches  to the HR practices :
In each of your chosen areas of HR practice, please identify how your recommended strategies will impact upon:

  1.                  I.         Organisational Performance
  2.                II.          Employee Commitment
  3.               III.          Workforce Flexibility
  4.                I.          Workforce Quality

In addition the report should include:
The purpose of the report – a brief overview of the selected sector for the last five years and its developments and challenges and future needs. This assignment will assess all of the learning outcomes for this module.
Your data response should include an analysis, using both qualitative and quantitative data, of the following:
•                Key economic drivers in the Host country
•                A comparative analysis of HR systems globally
•                Organisational issues that influence the development and implementation of HRM strategy (Cross-cultural training for expatriates, T&D section) and the social aspect of the host country in the (PESTLE analysis). Please use the following structure below as a guide to the content your tutor(s) will expect to see in your assignment based upon the learning outcomes being assessed.
Other information   Guidance on the expectations and requirements of the assignment will be offered in class during lectures and seminars.

Assignment Guidelines
Structure
You have been asked to produce a report.  It should contain the following:

  • Appropriate coversheet
  • Title Page, including the given title in full.
  • Contents Page
  • Introduction
  • Main body, which should also be organised under appropriate headings.
  • Conclusion
  • Appendices, which should be numbered.
    • Make sure you refer your reader to them as required.

Layout
Your work should be word processed in accordance with the following:

  • Font style, Arial, font size 12
  • 1.5 line spacing.
  • The page orientation should be ‘portrait’
  • Margins on both sides of the page should be no less than 2.5 cm
  • Pages should be numbered
  • Your name [should/should not – delete as required] appear on the script.
  • Your student number should be included on every page.

 

 
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MGT 451: strategic management – strategic formulation

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  1. Assignment

 
You have been assigned a topic on strategic management. The approach to take in writing about your topic may vary. It is up to you to design what or how you want to present your thoughts in this paper.  
 
NOTE: A meeting with the instructor to discuss your topic and your approach is required.
 
 

  1. Approach Methodology

 
Section 1. Background and Topic Introduction – Describe the background, purpose and approach to this paper. Establish any question(s) you intend to answer or address in the paper.
 
Section 2. Literature Search – Identify what you found as you researched journals and articles on the topic of the paper. Identify the authors and a short summary of the readings.
 
Section 3. Findings – Framework of the Paper – Create text that “unfolds” your topic highlighting key pieces of information that you discovered in the literature search. Identify how you will use this information to make the paper flow from one area of the paper to the next. Have a clear opening paragraph(s) followed by series of topical paragraphs that link the ideas and the points you need to make in the paper. Then have a summation paragraph that ties it all together.
 
Section 4. Results – Critical Thinking & Assessment – Analyze and evaluate the information/positions /issues you derived while explaining the key facts and/or assumptions. You must support or negate claims with evidence, facts, or proofs that accurately analyzes the appropriate evidence. Citations are required and must be nested throughout the paper. Finally, synthesize the evidence and articulate a logical and compelling position.
 
Section 5. Conclusion OR Summary – CONCLUSION – Frame this section based on what you “concluded” from all of the information discussed in the previous sections of the paper. Be direct and take a firm stance – one-way or the other. OR OR OR If you choose to write a summary then: For a SUMMARY – take note of listing the key facts you described in each section.
 
 
III. Format
 

  • Prepare a well-written paper of 4000-4500 words (SHOW WORD COUNT BUT DO NOT INCLUDE REFERENCES IN COUNT)

 

  • At least ten (10) references/sources are required in your bibliography.

 

  • The paper is to be DOUBLE-spaced using a 10-12 point block font (Helvetica, Times Roman, etc.). Use 8.5 x 11 paper size.

 

  • Place ONLY your name and the paper title in the HEADER and page numbers and date in footer.

 

  • Margins are to be one inch on all sides.

 

  • Submit ONE HARD COPY of your DRAFT and FINAL versions of your paper along with a 5 Slide PPT of your work (to be presented at the peer review session)

 

  • This paper will be peer reviewed by a classmate AND by the instructor. Once the peer review feedback is complete a second and FINAL draft with edits and/or revisions is to be submitted by the student for a final grade. Remember you must submit a n acceptable 1st draft and achieve a passing grade of 75% on the FINAL version of the paper to PASS the entire course.

 

  • Plagiarism (copying someone else’s work or having a Ghost Writer) will NOT be tolerated and a measured response will be imposed in accordance with the University’s guidelines for such violations.

 
 

  1. Schedule

 
SEE SYLLABUS FOR SCHEDULE DEADLINES

 
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UNCP International Strategic Management And Business Marketing

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Question Description

For each one of the questions below, write your response to the question. Your answer must be substantive, relevant, and well written.
A.) Questions for Video # 1 – What is Strategic Planning

  1. What is Strategic Planning

2. What are the 4 elements presented by Ms. Erica Olsen
3. Discuss in at least one paragraph what these elements are and why they are important to strategic planning
B.) Questions for Video # 2 – International Strategic Management

  1. Strategic Management – What is it?
  2. Why do managers adopt strategic management?
  3. What are the 3 types of strategies
  4. Distinguish between the three (3) strategies – multi-domestic strategy, mega national strategy, transnational strategy

C.) Questions for Video # 3 – Components of Strategy

  1. Name the two forces of the model
  2. Describe and discuss the two forces
  3. Discuss the Bartlett and Ghoshal matrix
  4. Global Strategy – What is it? – one example company
  5. Transnational strategy – What is it? – one example company
  6. International Strategy – What is it? – one example company
  7. Multi-Domestic Strategy -What is it? – one example company

Here are the videos – Please view and answer the questions above.

 
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strategic management, business and finance

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Question Description

Answer the following questions:
1.How can a firm use its “code of ethics” to analyze the external environment?
2. What is the importance of collecting and interpreting data and information about competitors? What practices should a firm use to gather competitive intelligence and why? Which practices do you feel are unethical?
3. In their mission statements, many organizations include what the organization’s responsibilities are to their most important stakeholder groups.
Who are stakeholders? How do the three primary stakeholder groups influence organizations? Think about the organization you work for (if you do not currently work think of a previous employer or an organization you are a part of – i.e. church or the PTO), who are your primary stakeholders?
4.What are the differences between the general environment and the industry environment? Why are these differences important?
 
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