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BMGT364 University of Maryland Human Resources Plan Business Strategy Project

BMGT364 University of Maryland Human Resources Plan Business Strategy Project

Skill Building:You are also completing this project to help develop critical thinking anddevelop part of a management plan. You will be required to research the infant formula industry as acontinuation of Project 1 and Project 2. Do not take the research lightlyas you are required to do significant research to answer the requirements ofthe project.Skills: Research, Critical Thinking, Write a Strategy Analysis Outcome Met by Completing This Assignmentemploy effective planning processes to develop strategies, goals, andobjectives in order to enhance performance and sustainabilityorganize human, physical, and financial resources for the effective andefficient attainment of organizational goalsdemonstrate leadership skills by communicating a shared vision, motivatingand empowering others, and creating a culture of ethical decision-making andinnovationdevelop measures and assess outcomes against plans and standards to improveorganizational effectivenessThe Executive Director for the new Asia Division, has been asked by MaxBarney to put together, and present in a report to him, a business strategythat will be a guide for the next year as the new division moves forward.The Executive Director will be working with the consulting group and theywill assist with putting together this plan. The final plan will be laidout as outlined below and developed in three phases.You have successfully completed Phase I and Phase II and it is now time tocomplete Phase III. In the third phase, Section I and Section VII will becompleted.Section I – Executive SummarySection II – Goals and ObjectivesSection III – Competitive AnalysisSection IV – Description of Organizational Structure and CultureSection V – Breakdown of Product and ServicesSection VI – Communications PlanSection VII – Human Resources PlanThe business strategy will provide the organization an opportunity toexplain the goals and objectives of the new division and help with thedevelopment of the strategy to achieve them. The plan will allow thecompany to gain insight into the current status of the industry it isventuring into using internal and external analysis tools, and then use thisanalysis to design its division’s business environment. In addition, theplan will be used to form the team that will bring the vision for thisdivision to reality.Instructions for completing Phase III These two sections will finalize the strategy the group from Expert FoodsConsultants has been assisting the Executive Director with. Although youtypically would be combining all three phases into one document, for thepurpose of this work, you will on present the two parts identified above.You will need the Biotech Company Profile to complete the analysis. Step 1: Human Resource PlanA human resource plan will allow the director of the new Asia division toidentify the future human resource needs for the organization. The directorhas asked Expert Foods Consultants to evaluate the product line identifiedand conduct market analysis to determine possible man power needs for theproduct manufacturing and all management and supervisory roles (to includeall levels of management). The management levels should have beenidentified in the Description of Organizational Structure and Culturesection of this strategy, but the resource needs in manufacturing will needto be considered. Remember the only person currently hired for the newfacility is the Director so there will need to be Assistant DivisionDirectors (ADD) for the other areas identified in the Structure such asMarketing, R&D, Sales, etc. Each of the ADD’s will need to have staff aswell; you will need to identify how each ADD will be provided staff. Willthey identify and interview themselves or will HR be a part of the hiringprocess. The Organizational Chart is also a part of the HR plan so ensurethat a revised organizational chart is also placed in this section forreference. Training is a key to retention in business today; employees like to feelthey are important to the organization and investment in their competenciesshows commitment to them. So, consider what the new division will need todo to ensure they are keeping the best talent they find. Evaluation is another way organizations can show their commitment toemployees. How will the new division conduct employee evaluations based onwhat is common in the area that the Expert Foods Consultants identified?This will require a level of research in common HR practices in that region.You needs to remember that this is a brand new division that will be sellingproducts that Biotech currently is not involved in so all aspects ofbusiness will need to be considered such as marketing, etc. Remember thereis no perfect HR Plan, just plans that work and plans that do not. Goodplans consider the employee and the culture around them just as important asthe organization itself.Step 2: Executive SummaryThe Executive Summary will be the first section of the paper but should bewritten last since it will highlight what is intended for discussion in therest of the strategy. A good executive summary is compelling. It revealsthe company’s mission statement, along with a short description of theproducts Biotech will provide at the launch of the new division. It is alsonecessary to briefly explain why Biotech is starting the new division andinclude details about Biotech’s experience related to the industry thecompany is entering.Step 3: Review the Paper Read the paper to ensure all required elements are present. Use the gradingrubric to ensure that you gain the most points possible for this assignment.
Proofread the paper for spelling and grammatical issues, and third personwriting. Read the paper aloud as a first measure;Use the spell and grammar check in Word as a second measure;Have someone who has excellent English skills proof the paper;Consider submitting the memo to the Effective Writing Center (EWC). The EWCwill provide 4-6 areas that may need improvement.Step 4: Submit the paper in the Assignment Folder (The assignment submittedto the Assignment Folder will be considered the student’s final product andtherefore ready for grading by the instructor. It is incumbent upon thestudent to verify the assignment is the correct submission. No exceptionswill be considered by the instructor).How to Set Up the PaperCreate a Word or Rich Text Format (RTF) document that is double- spaced.Use 12-point font. The final product will be 3-5 pages in length excludingthe title page and reference page. Write clearly and concisely.Completing the PlanIn order to complete this analysis, you will want to first read the module,Learn How to Support What You Write, as this assignment requires you to usethe course readings and research to support what you write. Also, Read and use the grading rubric while completing the problem set to ensureall requirements are met that will lead to the highest possible grade. Third person writing is required. Third person means that there are nowords such as “I, me, my, we, or us” (first person writing), nor is thereuse of “you or your” (second person writing). If uncertain how to write inthe third person, view this link:http://www.quickanddirtytips.com/education/grammar/first-second-and-third-person. Contractions are not used in business writing, so do not use them. Paraphrase and do not use direct quotation marks. Paraphrase means you donot use more than four consecutive words from a source document. Insteadput a passage from a source document into your own words and attribute thepassage to the source document. Not using direct quotation marks means thatthere should be no passages with quotation marks and instead the sourcematerial is paraphrased as stated above. Note that a reference within areference list cannot exist without an associated in-text citation and viceversa. You may not use more than four consecutive words from a sourcedocument, as doing so would require direct quotation marks. Changing wordsfrom a passage does not exclude the passage from having quotation marks.If more than four consecutive words are used from source documents, thismaterial will not be included in the grade and could lead to allegations ofacademic dishonesty.You are expected to use the case scenarios and weekly course material todevelop the analysis and support the reasoning. There should be a robustuse of the course material along with thorough analysis of potentiallocation information. Material used from a source document must be citedand referenced. A reference within a reference list cannot exist without anassociated in-text citation and vice versa. Changing words from a passagedoes not exclude the passage from having quotation marks. If more thanfour consecutive words are used from source documents, this material willnot be included in the grade and could lead to allegations of academicdishonesty.Use in-text citations and provide a reference list that contains thereference associated with each in-text citation.You may not use books in completing this problem set unless part of thecourse material. Also, do not use a dictionary or Wikipedia.Provide the page or paragraph number in every in-text citation presented.If the eBook does not have pages, provide the chapter title and topicheading. If using a video, provide the minutes and second of the citedmaterial.

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