Solved: Summative Assignment for Business Issue and the Contexts of HR (5CHR/03)

Learning Outcomes: Understand the key contemporary business issues and main external factors affecting different organizations and the impact on HR. Understand how organisational and HR strategies and practices are shaped and developed. Know how to identify and respond to changes in the business environment. Assessment Brief You have been asked by your CIPD Branch to lead a discussion at one of its events on ĎThe evolving role of HR in the contemporary business worldí. You have been asked to produce a paper for inclusion in the delegate pack. In your paper, you should include the following: An analysis of some of the key forces which shape the HR agenda e.g. models of the HR function, HR strategies, insights and solutions to support business performance, business ethics and accountability. Assessment Criteria 2.1. Compare different tools for analysing the business environment e.g. SWOT, PESTLE, Porterís 5 Forces etc. Assessment Criteria 2.2. Assess a range of different factors which impact on an organisationís business and its HR function. You should include examples of external and internal factors to illustrate the different types of impact. Assessment Criteria 1.1. Summarise the key stages in strategy formulation and implementation with reference to a model from the literature. You should also refer to the role of HR in each of the stages and in particular, highlight HRís contribution to business ethics and accountability. Assessment Criteria 2.3, 2.4. Give some examples of how business performance can be evaluated, making reference to traditional and modern indicators. You should make particular reference to the role of HR in business planning and change management with some examples to illustrate HRís key role. Assessment Criteria 3.1. Explain how different sources of business and contextual data can be assessed and utilised for planning purposes e.g. internal information within the organisation including HR metrics, industry information e.g. trends in HR, competitive information, government information. Assessment Criteria 3.2. Evidence to be Produced A written paper of approximately 3300 words in total. You should relate academic concepts, theories and professional practice to the way organisations operate, in a critical and informed way, and with reference to key texts, articles and other publications and by using organisational examples for illustration. All reference sources should be acknowledged correctly and a bibliography provided where appropriate (these should be excluded from the word count).