Assignment
1: A Growing Small Business
Due
Week 3 and worth 200 points
You
made it! You received your master’s degree in Human Resource Management,
and now it’s time for you to start seeking career opportunities. At this
point, you may be a little confused as to what areas you should focus on in HR
since your experience may be limited. Imagine that a friend shares with
you that he/she has a small but rapidly growing business which is in need of an
HR department. He has asked you to be the HR Manager. Your friend
mentioned that he / she previously worked with an HR consultant, but now has
close to 100 employees with no definite, dedicated HR department, and really
needs your assistance. Although you are nervous, you realize that it’s now
time for you to show your skills and put all your years of studying into
action.
Select
an existing small company in an industry you are familiar with to be the basis
of the small business in this case. Review the company’s structure,
culture, business strategy, mission, and vision.
Write
a five to six (5-6)APA 6th ed page paper in which you (Question then answer/Cite work):
1.
Provide a brief summary, in your own words, of your
selected company’s overall business strategy. Next, determine the
direction you visualize the company growing within the next five (5) to ten
(10) years. Hint: Review the common business strategies of Cost
Leadership, Differentiation and Focus or Niche on p. 50 of
your text (see pg. 5 below).
2.
Design a human resource management strategy to
support your selected company’s business strategy. Explain the
competitive advantage of your HRM strategy. Hint: Review the
following common human resource management strategies of Loyal Soldier,
Bargain Laborer, Committed Expert and Free Agent from previous
courses.
3.
Develop an HR Scorecard table for your selected
company. Include the four (4) dimensions (i.e., financial, customer
service, internal process, and learning / growth / sustainability). Next,
assess the value of your proposal to the small business in each of these
dimensions. Hint: Review the video titled “Building the Human Resources Performance
Measurement Scorecard” (4 min 1 s)
located at for additional guidance in creating an HR Scorecard.
.
4.
Useat least six (6) quality
scholarly/peer-reviewed academic resources in this assignment from within the past five (5) years.
Utilize sources to lend depth and validity to what is being shared. (Just
going to the Internet and selecting urls does not mean they are such and lend
validity to your work). Note: Wikipedia and other Websites
do not quality as academic resources.
5.
Format your assignment according to these
formatting requirements:
·
Be typed, double spaced, using Times New Roman font
(size 12), with one-inch margins on all sides; references must follow APA or
school-specific format. Check with your professor for any additional
instructions.
·
Include a cover page containing the title of the
assignment, the student’s name, the professor’s name, the course title, and the
date. The cover page is not included in the required page length.
·
Include a reference page. Citations and references
must follow APA format. The reference page is not included in the required page
length.
The
specific course learning outcomes associated with this assignment are:
·
Assess the strategic role of human resource
management and the components that provide a competitive advantage to the
organization.
·
Determine the human resource management function of
human resource planning and its importance to business strategy.
·
Develop work designs that support the human
resources strategy.
·
Use technology and information resources to
research issues in human resource management.
·
Write clearly and concisely about human resource
management using proper writing mechanics.
