Reference no: EM13723995
Text: Garey, R. W. (2011). Business literacy survival guide for HR professionals. Alexandria, VA: Society for Human Resource Management.
Other resources: Tyler-Cagni, L., & Hills, J. (2008). HR leading by example during Zegna transformation. Strategic HR Review, 7(1), 22-27.
Overcoming Challenges
Most people love change, or so they think-right up to the point that it impacts them in an unanticipated way. If you were personally impacted by change in a way you did not expect, would this create challenges for you? As a Human Resources leader, you would want to plan for the successful implementation of your Annual Operating Plan which we now understand well enough to know will impact everyone in the organization. Implementation of the plan, thus, is likely to bring unexpected changes that might result in challenges to some employees, and may result in resistance or pushback from some employees, including even some in management. Other challenges and obstacles can occur at the time of implementation, that were not anticipated in the plan. Part of the planning process is to anticipate the most likely challenges that might occur, and then to plan for them right in the AHROP - not all of them, but the top most likely ones.
The article "HR Leading by Example during Zegna Transformation" notes that changing organizational practices or policies like an HR plan might do, requires highly effective and well-planned communications and even collaboration, if everyone is to have buy-in into this plan.
Post by Day 2 a description of two challenges you believe a Human Resources professional might face in implementing HR strategies in their Operating Plan written to support the organization's business direction in the year ahead and using HR's expertise. Explain how you can best address these challenges as part of the AHROP implementation planning. Propose the Human Resources Department/Division's best approach to communicating this plan, and address the importance of timing and whether everyone in the organization receives the same information or whether it should be tailored.
|
What is the cost of the preferred stock
: LL Incorporated's currently outstanding 8% coupon bonds have a yield to maturity of 12%. LL believes it could issue new bonds at par that would provide a similar yield to maturity. If its marginal tax rate is 30%, what is LL's after-tax cost of debt?..
|
|
Immigration always result of bad conditions in country
: In your opinion, is immigration always the result of bad conditions in the country of origin? Provide at least two reasons why white politicians saw other minority groups as a threat and acted to limit their freedoms.
|
|
Show the organic growth of an organization
: Some firms might delay the launch of their products until after the competitor has borne the cost of educating the market. Such an entry is called ________ entry. Which of the following is most closely related with the organic growth of an organiza..
|
|
Expected rate of return and market risk premium on market
: Stock A has a beta of .2, and investors expect it to return 8%. Stock B has a beta of 1.8, and investors expect it to return 12%. Use the CAPM to find the expected rate of return and the market risk premium on the market
|
|
Problem related to overcoming challenges
: Most people love change, or so they think-right up to the point that it impacts them in an unanticipated way. If you were personally impacted by change in a way you did not expect, would this create challenges for you?
|
|
Foreign exchange assets
: P.J. Chase Stanley Bank holds $82 million in foreign exchange assets and $73 million in foreign exchange liabilities. P.J. Chase Stanley also conducted foreign currency trading activity in which it bought $172 million in foreign exchange contracts an..
|
|
Application-balanced scorecard
: You have studied the use and impact of metrics to monitor and trend outcomes as contrasted with targeted outcomes and compared oftentimes with industry standards.
|
|
Cost of capital and beta
: Company "A" has a beta of 1.5 and a cost of capital of 25%. Company "B" has a beta of 0.8 and a cost of capital of 15%. When evaluated at a rate of 15%, the project shows an NPV of +$5 million, and when evaluated at a rate of 25%, the project shows a..
|
|
Create a new positioning statement for your product
: Create a new positioning statement for your product, and provide justification for your new positioning strategy
|