Will you train your employees online or face to face

Assignment Help Operation Management
Reference no: EM131140017

Part 1:

Course project - Budget estimate (Harley Davidson)

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 at least two pages in length and complete the following:

Goal Choice

• Clearly identify your chosen goal in an introductory paragraph.

Operating Budget

• Create an operating budget for your goal.

o The budget should include common categories and subcategories such as general operations, HR, marketing, miscellaneous expenses, etc.

o Include all major expenses required for the goal. Common expenses include salaries, marketing channels, and inventory.

o Connect the costs/categories that you're considering to your already created marketing, management, and HR strategies discussed in earlier portions of the project.

Capital Budget

• Identify two long-term assets from the capital budget that will play a role in the completion of your goal. These can be new purchases or existing assets.

o Briefly explain the impact that each will have.

Part 2:

Course project - HR strategies (Harley Davidson)

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 at least two pages in length and addresses the following:

Goal Choice

• Clearly state which of your three goals from your previous course project assignment that you wish to accomplish.

Attract

• What are three traits that you believe employees must have in order to help you accomplish your chosen goal? Explain your choices.

• In detail, identify two strategies that you will use to attract qualified employees to hire.

o How do these strategies fit with your chosen business and chosen goal?

o How will your methods of attracting staff cater to a diverse work force? What benefits will your goal in particular gain from having a diverse team working together?

Develop

• Will you train your employees online or face to face?

o How does this choice fit with your chosen business and chosen goal?

• What are two areas that training for new employees should cover? Why did you make these choices?

• What are two areas that training for existing employees should cover? Why did you make these choices?

• How will you design your training to ensure that employees effectively collaborate and work as a team?

Retain

• In detail, identify two retention strategies that you'll use to keep high performing employees.

o What advantages and disadvantages does each of these strategies have?

Reference no: EM131140017

Questions Cloud

Assume the test scores for the section represent a random : Historically, Stat 2480 students average 80 points on midterms. One section earned the following scores: 90, 78, 73, 62, 77, 75, 61, 63, 68, 78, 75, 80, 87, 73, 78, 75, 78, 88, 70. Assume the test scores for the section represent a random sample from..
Create a timeline with text and graphics on the music genre : Write a 1-2 page essay or create a timeline with text and graphics/images on the music Genre "Blues" that includes at least 10 events. Be sure to include a title page and a references page.
The company uses the interest method is : he first day of its fiscal year, Ebert Company issued $12,500,000 of 10-year, 9% bonds to finance its operations.- The company uses the interest method is?
What is the nature of the process fluid : (a) What is the nature of the process fluid? (b) What are the objectives of the two sample points and in what way do the samples reaching the instruments differ?(c) Could the effectiveness of the second sample probe be improved and if so how?
Will you train your employees online or face to face : How do these strategies fit with your chosen business and chosen goal? How will your methods of attracting staff cater to a diverse work force? What benefits will your goal in particular gain from having a diverse team working together?
Explain the importance of the matching concept : Smith Company 31-Dec-15 Trial Balance (accounts in alphabetical order) Debit Credit Accounts payable 67,000 Accounts receivable 24,500 Cash 50,000 Common stock 10,000 Depreciation expense 24,350 Cost of goods sold 234,000 Equipment (net of depreciati..
Estimate the population variance and standard deviation for : The percentage rates of home ownership for 6 randomly selected states are listed below. Estimate the population variance and standard deviation for the percentage rate of home ownership with 95% confidence. Round sample variance and the final answer ..
Evaluate your forecast in light of the lucas critique : How does this forecast differ from that which would result from a perfect-foresight model?
Prepare statement of activities for a nonprofit organization : Based on the following data, prepare a Statement of Activities for a nonprofit organization. - Unrestricted support- contribution $335,000,000 - Unrestricted support- donated materials $10,000,000.

Reviews

Write a Review

 

Operation Management Questions & Answers

  What are the potential advantages

What are the potential problems with requiring project teammembers to be involved in multiple projects at the same time? What are the potential advantages?

  What made the organization have an effective culture

What made the organization have an effective and ineffective organizaitonal culture. Why is it important to know the difference and impact it can have on your organization. Answer the question

  A state department of tourism and recreation collects

A state department of tourism and recreation collects data on the number of cars with out-of-state license plates in a state park

  Social responsibility as effective competitive strategy

Evaluate the likelihood of traditional corporations using social responsibility as an effective competitive strategy. Specify at least one (1) way that a company with which you are familiar can use (or has used) social responsibility as a competitive..

  Estimate benefit cost ratio for the project

A recent project nominated for consideration at your company has a four-year cash flow of $20,000; $25,000; $30,000; and $50,000. The cost of the project is $75,000.

  Selling consumer products versus business products

However, the challenges Blu Dot encounters have not diminished with its success. Blu Dot still struggles with keeping affordability at the lower end of the spectrum and craftsmanship at the high end. What are the different challenges for Blu Dot in s..

  What logistics means in nowadays business world why it is

write 500-600 that respond to the following questions with your thoughts ideas and comments. this will be the

  Develop planning schedule showing when each item

Product X is made of two units of Y and three of Z. Y is made of one unit of A and two units of B. Z is made of two units of A and four units of C. Lead time for X is one week; Y, two weeks; Z, three weeks; A, two weeks; B, one week; and C, three wee..

  Total of wholesaler current cycle plus pipeline inventories

Shipments of Product X from a plant to a wholesaler are made in lots of 600. The wholesaler's average demand for X is 100 units per week. Lead time from plant to wholesaler is 4 weeks. The wholesaler pays for the shipments when they leave the plant. ..

  Compute the eoq-rop-optimal number of orders

West valves is approximately 80. Compute the EOQ, ROP, optimal number of orders per year also total annual cost for Western valves.

  Any indigenous healing practices may

Any indigenous healing practices may

  Examining business strategy and the five forces model

Examining Business Strategy and the Five Forces Model: The Challenges Facing eBay; Time for Changes in Strategy? This week we look at strategic thinking in the business environment. What does your five forces analysis reveal about the nature and stre..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd