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PROJECT 27

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1- HR STRATEGIES
WAL-MART IS THE COMPANY
When completing the Internal and External Analysis assignment earlier in the course project you were tasked with creating three strategic goals for your chosen company. From this assignment forward you will be choosing one of those goals and carrying it through the strategic management process. Feel free to rewrite and improve the goal but make your choice wisely. It will impact many of the upcoming project assignments. This assignment will require you to develop a staffing plan to attract develop and retain good employees to work on your chosen goal. It’s very important that you’re linking all of your choices to how it will help you accomplish that goal. Everything should be custom fit to that goal and that will be a big portion of the grading. For your staffing assignment you’ll need to write a detail breakdown of your HR staffing strategies that’s two pages in length and addresses the following:
Goal Choice
Attract
Develop
Retain
2—-BUDGET ESTIMATES
Now that you’ve selected the goal you want to accomplish in your strategic management plan it’s time to start budgeting out the costs that will be involved with its implementation. This assignment will require you to create an operating budget that takes into account the strategies and choices you’ve already made in previous sections of the course project. It’s important that you carefully consider exactly what you’ll have to spend money on in order to successfully complete your goal. The numbers will be very general estimates but you’ll need to show the ability to accurately identify the major costs. The categories and subcategories for the budget should cover most if not all of the new expenses that will be present. This assignment should be two pages in length and complete the following:
Goal Choice
Operating Budget
Capital Budget

 
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