I’m working on a business project and need an explanation and answer to help me learn.
In Hoover’s Company Records database in the Walden Library to find an organization or choose one with which you are familiar for the Final Project. A public organization will also have a 10–K form on the website that could provide you with information regarding organizational strategic plans and goals. The 10–K form is an annual filing that a corporation makes to the U.S. Securities and Exchange Commission. This form provides a snapshot of the company’s financials, its history, structure, and other key facts.
For the Final Project, create an HR operating plan for an organization you are familiar with based upon the mission and vision statements and other public information available about the organization and its business direction. Also include:
HR strengths, weaknesses, opportunities, and threats (SWOT) analysis and HR gap analysis
Identify 3–5 HR strategies and a minimum of 6–8 action steps for each strategy
- Implementation process
- You will write three sections of the Final Paper, each consisting of 5 pages. The paper should include:
- Section 1: For the first section of your Final Paper, summarize the mission and vision statements and other public information about the organization and its business direction, including their key business objectives and strategies. Explain how this information would drive and inform an HR operating plan.
Section 2: For the second section of your Final Paper, include a 4–cell HR SWOT analysis and a 3–column HR gap analysis between the organizational strategy and HR strategy currently in place for your chosen organization.
Section 3: For the third section of your paper, include the following:
- Identify 3–5 strategies the HR department might want to implement based on the HR SWOT analysis and HR gap analysis and its need to support the organization’s strategic business direction. Include a minimum of 6–8 action steps for each strategy that will ensure its attainment.
- Implementation stage: Include a mini–communication, outlining what key information must go to which key layers of groups and key individuals who should receive information and at what times during the implementation of the plan (explain how you will communicate this to the organization). Also, explain what internal or external obstacles or organizational pushback HR might expect and what tentative steps they should plan to address in anticipation (i.e., how should they plan for these things, which are highly likely to occur). That’s what a plan is all about—anticipating and planning for what is needed.