Chat with us, powered by LiveChat In Part 2 of the TM Modernization Project, you will create a presentation using PowerPoint for an internal HR group addressing the Hiring Maturity Curve - Tutorie

In Part 2 of the TM Modernization Project, you will create a presentation using PowerPoint for an internal HR group addressing the Hiring Maturity Curve

Overview

In Part 2 of the TM Modernization Project, you will create a presentation using PowerPoint for an internal HR group addressing the Hiring Maturity Curve, recognizing employee value, and the importance of employee motivation, engagement, and culture.

Instructions

Use your insight from an expanding organization you are familiar with or wish to learn more about, as your basis for evaluation. Consider this a major presentation that will call upon HR professionals to make practical and procedural changes. Your goal is to change the recruiting and hiring culture for lasting organizational impact.

Evaluate the following and include your findings in a 10-slide PowerPoint presentation.

  1. Discuss where the organization is currently regarding the Hiring Maturity Curve.
    1. List several indicators leading you to this conclusion.
  2. Describe how the organization might improve their hiring processes to advance within the Higher Maturity Curve.
    1. Recommend a minimum of four reasonable and logical actions.
  3. Explain why innovative changes to the current Employee Value Proposition (EVP) and Employee Lifetime Value approaches may lead to higher employee loyalty.
    1. Include insight into what positive and negative trends should TM and organizational management look for, over time, as employees move up within the organization.
  4. Recommend at least five radical (drastic) or incremental (process-driven) changes to current onboarding procedures that you believe will lead to lower initial turnover, higher employee engagement, and lasting organizational impact.
  5. Prescribe at least four real-life examples of what contemporary employee engagement opportunities might look like for both new employees and existing employees.
    1. Suggest programs to improve overall employee engagement across all employees (for example, [mentorship] might assigning an experienced employee to become a mentor to a new employee offer engagement opportunity for both employees?).
  6. Recommend five points of emphasis an internal group of HR professionals could implement that would effectively encourage better hiring practices, instill a better sense of employee value, and improve overall employee onboarding experience and engagement.
    1. The five points of emphasis can reiterate points you have made previously in the presentation and/or can be philosophical in nature.
    2. Present five points you would like your presentation audience to implement for overall recruiting and hiring that will cause a positive lasting organizational impact.
  7. Develop the PowerPoint presentation with a minimum of 10 slides. 
    1. Include the speaker’s notes for each slide. 
      1. Speaker’s notes should adequately explain, expand, and express your main points for each slide.
      2. Include correct in-text citations and any other supporting or SWS formatting protocols.
    2. Include a cover page slide and a source page slide, they will not count toward the minimum 10 slides of content.
      1. Provide a minimum of 3 quality academic resources.

1

HR Modernization Project Plan

Aundi Sims

Strayer University

HRM532/ Talent Management

Margie Hardwick

October 17, 2024

HR Modernization Project Plan

Modernization of the human resource department is very crucial in changing how an organization recruits, retains and develops its workforce. The business world is changing rapidly, and companies need to stay updated with the latest TM practices to remain competitive. Below is the project proposal comprising a proposed remodeling of the human resources department based on areas of modernization to be addressed, organization culture required to be changed, the role of the leadership for change management, environmental scanning to be carried out, and development of global mindset. A strategic approach is required for the initiative's success to align the human resource practices with the organization's business objectives.

1. Areas for Modernization

Given this background, the first steps in this modernization project are identifying and categorizing the company's current HR issues into four strategic TM areas: Talent Acquisition Strategy, Total Rewards Strategy, Employee Engagement Strategy, and Learning and Development Strategy. These areas are critical to ensuring that the organization has the right talents, reward system practices, engagement practices, and development programs to thrive.

· Talent acquisition strategy: Most organizations maintain highly ineffective recruitment and onboarding strategies. In this regard, the company's renewal would be in adopting AI-driven recruitment tools, automating the task of screening resumes for fit, providing a great candidate experience, and reducing biases in the process (1). Further, induction processes will introduce standardized processes that inculcate the recruits into the company culture and reduce the chance of churning or, at worst, early disengagement.

· Total Reward Strategies: This would cover the overall update of an organization's approach to compensation and benefits. It will relate to situations where the pay structure has become outdated, the benefits packages offered are uncompetitive, or there is a lack of incentives that tie in with employee performance. A pay scale review and update and the introduction of performance-related rewards will offer a more competitive and appealing employee value proposition. Other means of achieving job satisfaction and loyalty include offering flexible benefits and wellness programs.

· Employee Engagement Strategy: High absenteeism and turnover are usually manifestations of low employee engagement. During this period, regular feedback mechanisms will be instituted, internal communication will be improved, and a sense of recognition will be inculcated into the culture. Employee surveys, town hall meetings, and digital communication will bridge the gap between employees and management, with the intent of working together towards a mission—and goals-oriented firm.

· Training and Development Strategies: Modernizing training programs is a strategy worth trying to update employees so that they may perform their jobs effectively. Some of the problems with the present state include a lack of training, inadequate professional development, and lack of learning material. Set up an e-learning platform that would provide a fair number of courses, certifications, and skill-building opportunities to support continuous learning. The steps for doing so include the following.

A personal development plan can be charted for each employee so that they see a career path within the organization and are less likely to leave.

2. Describe Needed Organizational Culture Changes

The changes to the organizational culture should be fitted to support the modernization project of HR. The company's mission, values, and vision must also be aligned with new HR practices to ensure a seamless transition that sets the company up for success. Only then will the desired change in behavior be facilitated through an adaptive culture, along with implementing the new TM practices.

· Reordering of Mission, Values, and Vision: Since innovation, agility, and inclusiveness are not integrated into the culture, implementing the suggested changes will be severely obstructed. The mission should hence be rewritten to assure the stakeholders of its commitment to a modern, inclusive, and forward-looking workplace. Core values have to focus on adaptability, continuous learning, and employee welfare. Leaders visibly communicate and role-model values, instilling trust and buy-in in the workforce.

· Cultural Ambiance for Change: Change of culture is an integral part of every modernization program. Everywhere, work cultures are resistant to change. This needs to be overcome with lucid communication, training, and involvement of employees at every level. Workshops, town halls, and open forums can be arranged to communicate with employees, understand their grievances, and popularize the new HR interventions. This can be through developing an enabling culture, where the free flow of information, teamwork, and improvement in its pursuit will provide fertile ground for the acceptance of the modernization project. This needs to come from the top down.

3. Role of Management and Leadership in Managing Change

It means that for the success of the HR modernization project, only management and leadership should be at the forefront. The guide for organizations in their transformation process is that leadership manages resistance and creates a culture that supports it.

· Reasons for Active Involvement: The top-down approach remains the most effective in managing change. Winning employee commitments will be problematic if the leadership does not appear interested in modernization goals. Management should, therefore, be actively involved in implementing new practices, providing necessary resources, and dealing with challenges as they arise along the transition path (2). This kind of involvement lends credibility and underlines the importance of change.

· Create Positive Change: This would require boldness in articulating the vision clearly and constantly, celebrating small victories, and identifying those who provide an enabling environment for the success of modernization efforts. By creating a sense of urgency and purpose, the leaders would be able to mobilize the workforce to thrive on new technologies, processes, and ways of thinking. Transparency, consistency, and periodic information shall be necessary to keep the momentum and ensure that all are channeled toward the transformation goals.

4. Scanning of Environment

Environmental scanning will provide an overview of the current trends in the human resource field, which can then be applied to the company's modernization initiatives (3). This way, the company may assess such emerging trends and further align its work practices with the current view across the industry while maintaining its competitiveness.

Current Trends in Talent Management

1. AI in Recruitment: AI in securing talent would facilitate the recruitment process to be faster, less biased, and more appealing to candidates.

2. Employee Wellness Programs: Companies invest in holistic wellness programs, including counseling on mental health, fitness benefits, and flexible work arrangements to support employees in maintaining a healthy lifestyle.

3. Diversity, Equity, and Inclusion: Companies are making DEI a strategic priority of their businesses, not just a compliance issue, to create more inclusive working environments.

4. Remote and Hybrid Models: There is growing interest in remote working, which will encourage organizations to establish policies and mechanisms for flexible work options and invest in collaboration technologies.

5. LMS: E-learning platforms provide an upscaling personalized training experience and have, hence, gained much momentum in professional development.

• Action Plan: The firm finds ways to apply such trends to its existing practice. For example, the company will start an AI-powered recruiting tool, initiate a new wellness program, and provide better IT infrastructure, which will enable working from home.

5. Global Outlook and Globalization Orientation

In a world where globalization is the trend, thinking globally is no longer an option but an imperative. Focusing on globalization will enable organizations to perform at the highest levels across borders and attract the best possible talent from all walks of life.

· Justification of Global Mindset: By having a global mindset, the organization will understand diversified cultures, operate in various legal and social environments, and replicate the best practices that may be followed universally (4). The result may be good business outcomes, organizational reputation, and greater engagement of employees by increasing their inclusiveness.

6. Identify a Team for the Modernization Project

The team's composition will be the determinant factor in the success of a modernization project. Selection must be inclusive enough to include representation from diverse skills, experiences, and perspectives.

· Team Composition: Team members will include HR experts, IT experts, project managers, and one representative in each department, including marketing, finance, and operations. Human resource experts provide knowledge regarding the organization's front-end processes. Information technology experts handle the implementation of the new systems (5). Project managers ensure smooth project execution.

· Selection Rationale: Representation from different departments will help ensure that the project meets the needs of the whole organization and not just HR. It will also provide insights into different thinking and, therefore, bring about more creative solutions. Increasing buy-in would also be more accessible.

7. Prioritization of the 14 Identified Issues

Only a few of the issues can be addressed, given the constraint of time and resources. Addressing only issues that would have a considerable impact and can be effectively resolved has been an important task. To this effect, ten issues presented herein have been short-listed as requiring top priority:

1. Modernize the Recruitment Process: Leverage AI-driven tools to enhance recruiting efficiency and candidate experience.

2. LMS Implementation: Design customized, scalable training programs to instill the spirit of continuous learning.

3. Engaged Employees: Feedback mechanisms, internal communication platforms, recognition, and rewards.

4. Compensation Revisited: Reviews of pay scales for competitiveness and reasonableness within the company.

5. Strengthen DEI Initiatives: Training and hiring in place to advance diversity and inclusion.

6. Onboarding Processes: Creation of one standardized onboarding module for fast and effective induction of recruits.

7. Flexible Work Policy: The ability to work from home or have a flexible schedule.

8. Introduction of Employee Wellness Programs: Increase wellness programs for mental fitness and physical activities.

9. IT Infrastructure Upgrade for Collaboration: Invest in collaboration tools, like digital devices, which facilitate seamless collaborations between remote and in-office staff.

10. Introduction of Performance-Based Reward System: Rewards and promotions shall be linked with performance metrics to encourage excellence.

Conclusion

The strategic HR modernization project will redefine the organization's policy regarding talent management. It will contribute to organizational resilience by focusing on the critical areas of recruitment, rewards, engagement, and development while putting them into perspective according to global trends. Leadership involvement, effective team collaboration, and an action plan are part of the successful execution of this project. Indeed, this will place the company in a better position to handle the complexities of today's business environment and assure long-term success.

Sources

1. Hongal, P., & Kinange, U. (2020). A study on talent management and its impact on organization performance-an empirical review.  International Journal of Engineering and Management Research10. https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3559991

2. Errida, A., & Lotfi, B. (2021). The determinants of organizational change management success: Literature review and case study.  International Journal of Engineering Business Management13, 18479790211016273. https://journals.sagepub.com/doi/abs/10.1177/18479790211016273

3. Beasley, L., Grace, S., & Horstmanshof, L. (2020). Responding and adapting to change: an allied health perspective.  Leadership in Health Services33(4), 339-349. https://www.emerald.com/insight/content/doi/10.1108/LHS-07-2019-0050/full/html

4. “Jogi, S. S., Patil, P. R., Singh, M., Rao, M., & Pandey, M. B. (2020). Influence of innovations in HR strategies on talent acquisition and retention policies of Indian social enterprises.  Journal of Critical Reviews7(03), 2365-2373. https://www.researchgate.net/profile/Manoj-Rao-4/publication/362229975_JOURNAL_OF_CRITICAL_REVIEWS_Influence_of_innovations_in_HR_strategies_on_talent_acquisition_and_retention_policies_of_Indian_social_enterprises_JOURNAL_OF_CRITICAL_REVIEWS/links/62e90f494246456b55033556/JOURNAL-OF-CRITICAL-REVIEWS-Influence-of-innovations-in-HR-strategies-on-talent-acquisition-and-retention-policies-of-Indian-social-enterprises-JOURNAL-OF-CRITICAL-REVIEWS.pdf

5. Thakkar, D. (2021). Leveraging AI to transform talent acquisition.  International Journal of Artificial Intelligence and Machine Learning3(3), 7. https://www.researchgate.net/profile/Darshit-Thakkar-2/publication/384429549_Leveraging_AI_to_Transform_Talent_Acquisition/links/66f82898869f1104c6bc3f87/Leveraging-AI-to-Transform-Talent-Acquisition.pdf

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