HRM318: Draft a proposal to implement a human capital measurement system that links human capital to organizational outcomes and strategy. Human Capital Measurement assignment

Module / Subject / School:

HRM318 Human Capital Measurement

Singapore University of Social Sciences

Requirements:

Draft a proposal to implement a human capital measurement system that links human capital to organizational outcomes and strategy

The proposal have three (3) sections:

Identify ONE vulnerable department and recommend TWO areas for improvement to improve engagement. (40%)
Mapping the linkages between human capital and business outcomes using Fitz- Human capital-to-enterprise pathways (SU 2, Chapter 2) (30%)
Propose a HR Scorecard that allows the organization to align and monitor human capital performance and activities (SU 2, Chapter 3) (20%)

Page Limit.

2000 words maximum, excluding cover page, annexes and references
You may decide include or append figures and tables

What we score:

78%

Our Writer’s Comment

This assignment tests students critical thinking abilities.

Based on the assignment requirements provided, here are some comments to help students score well on this assignment:

1. Clear objective: The assignment requires students to draft a proposal for implementing a human capital measurement system that links human capital to organizational outcomes and strategy. Emphasize the importance of understanding the purpose and objective of the proposal to ensure that students stay focused on the task.
2. Section 1: Identify a vulnerable department and recommend areas for improvement: Select a department within an organization that may be facing challenges or experiencing low engagement. Analyze the department’s current state and identify two specific areas for improvement that could enhance engagement. Consider factors such as communication, leadership, training, and employee well-being.
3. Section 2: Mapping linkages between human capital and business outcomes: Explain the concept of Fitz-Human capital-to-enterprise pathways from Study Unit 2, Chapter 2. Apply this framework to demonstrate how human capital influences organizational outcomes and strategy. Analyze the relationships and connections between human capital elements (e.g., skills, knowledge, motivation) and the achievement of business objectives.
4. Section 3: Propose an HR Scorecard: Introduce the concept of an HR Scorecard from Study Unit 2, Chapter 3. Guide students to develop a HR Scorecard that aligns with the organization’s strategy and goals. Identify relevant key performance indicators (KPIs) to measure and monitor human capital performance and activities. Consider metrics related to recruitment, training and development, employee satisfaction, retention, and succession planning.
5. Grading distribution: Highlight the weightage given to each section in the grading rubric. The sections related to identifying a vulnerable department and recommending areas for improvement carry the most significant weight (40%). Stress the importance of providing well-reasoned recommendations based on research and understanding of human capital concepts.
6. Integration of theory and practical application: Emphasize the need for students to integrate theoretical concepts from the course material (Study Unit 2, Chapters 2 and 3) with practical application. Support the recommendations and proposals with relevant academic literature, industry best practices, and real-world examples.
7. Clarity and organization: Structure the proposal with clear headings and subheadings for each section. Use concise and coherent language, ensuring that ideas flow logically and are easy to understand. Emphasize the importance of proofreading for grammar, punctuation, and spelling errors to maintain a high standard of written communication.

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Sample Assignment

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