Question:
Your CEO has asked each departmental head to undertake a critical review
of their systems, processes and practices as part of a major organisational
change agenda. You have been asked to
review an area of HR/business practice and present a business report to key
stakeholders with recommendations for improving practice. To provide the basis for your report, you have
been asked to conduct a critical review of information sources relevant to the
area of practice. You should:
- Select an area of HR/business practice and give the reason for your choice
- Undertake a critical review of different information sources (at least three) e.g. research digests, academic and professional literature, online databases, key texts relevant to the selected area of practice.
- In your write up of the literature review you should explain why you selected that particular source and highlight some of the different research approaches adopted by the authors and comment on the advantages and disadvantages of these different approaches.
- Draw meaningful conclusions from the review of the different information sources.
- Make justified recommendations to named stakeholders for sustaining and/or improving practice.
Your report structure should include:
- Title page (report title and their name, submission date)
- Executive summary (overview, methods of analysis, findings, recommendations)
- Table of contents (list of numbered sections)
- Introduction (terms of reference)
- Main body (headings and sub-headings – these could be for each information source reviewed). Candidates should use a mix of narrative and diagrammatic formats where appropriate to present their findings.
- Conclusion (including major inferences and recommendations for change)
- Reference list
Appendix if used i.e. information supporting their analysis but not essential to its explanation.
Evidence to be produced/required
A written business report for stakeholders of approximately 2500 words. The title page, executive summary, reference list and any appendices are excluded from the word count.
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).
Solution/Answer:
Executive Summary
The area of focus in the current report is employee retention as an aspect of Human Resources. The rationale for this is since the process identify the set of practices and strategies by the management with a requirement from the employees to stick on their organisation for a more extended period of time. This is identified as a critical aspect to an organisation to attain their set goals and objectives. In the ADIA, the company has been facing issues in retaining their employees in their HR department. This study hence aims to review the effectiveness of the employee retention approaches used by ADIA. The rationale for this is justified since employee retention is critical to oversee the success and future sustainability of the company and saving the management from the unnecessary cost of hiring and staff training.
In the active review process, a critical literature review has been carried out with distinct information sources being selected and sufficient explanation offered. The explanation has been on the distinct sources made on the different research approaches by the authors followed by commenting on the distinct advantages and limitations of the approaches selected. Additionally, applicable conclusions have been generated after a review of the different targeted information sources. This is followed by a presentation of findings in the form of graphs. From the findings, a recommendation that employment retention issues currently face ADIA in two years elicited by lack of well-structured training and development sessions, lack of rewards and other perks influencing the motivation levels, confidence and commitment to work for the company. It has been deduced that senior management in the organisation should provide efficient training and development services to ensure that their employees are offered with an opportunity for increasing their overall learning curve. Prompt feedback must be provided to the employees to enhance their understanding of their role and positioning in their organisation. This must be topped up by rewards, recognition and relevant opportunities for promotion.
Table of Contents
1.0 Introduction to research. 4
2.1 Critique of Literature Review.. 5
3.0 Proposed Presentation of Findings. 8
4.0 Conclusion and Recommendations. 9
Appendix
1: Employee Survey. 13
1.0 Introduction to research
In the modern business environment, the Human Resource (HR) plays an instrumental role in ensuring that they leverage on a significant edge over their competitors. Hence, it is a critical role of the management of the overall HRM aspects specifically in the employee retention which is a critical necessity for attaining the set goals and objectives (Churchard, 2014; CIPD, 2010). In this case, management plays a critical role in devising essential strategies and approaches for ensuring all employees are actively retained in their organisation. Hence, the management plays a critical role in devising the essential strategies and an approach for ensuring all their employees are retained within the departments of their organisation. The strategies used include rewards and compensation, ideal working environment, provision of promotional opportunities and others (CIPD, 2011a). ADIA is tasked with the role of ensuring enhanced sustainability of the long-term prosperity of Abu Dhabi through a prudent growth of capital through a progressive and disciplined investment process and committee people reflecting on the ADIAs cultural values. Hence, this study evaluates on the effectiveness of employee retention strategies used by the company to ensure they have sufficient staff to attain on their set objectives and mission.
The rationale of the identified topic is informed by the view that employee retention is critical in the success and future sustainability of an organisation. Also, failure of employee retention leads to progressive hiring which is significantly a challenging undertaking. This is informed by the fact that firms must leverage from a sufficient time to groom their employees and harness their preparations for work roles. This is a process characterised by a direct influence on the entire profitability and company sales in the long-term basis (CIPD, 2011b). Currently, ADIA company has suffered form employee retaining issues in their HR department. This is more evident among the individuals tasked with recruitment of staff and organising the other departments in the organisation. Also, relevant recommendations have been generated which can essentially assist a successful identification of best practice in mitigating retention among the employees.
1.1 Aims and objectives
The current study primary aim is a review of the effectiveness of employee retention adopted by ADIA. In line with the identified study aim, the objectives to be pursued include;
- To review the available literature on the employee retention strategies
- To assess the issues in employee retention currently facing ADIA
- To present recommendations on the best strategies in which the employee retention to be harnessed in ADIA company
- To evaluate changes after a one year and inclusion of senior management in improving the employee retention methods
1.2 Key Stakeholders
In the current research, the stakeholders to be focused include;
2.0 Literature Review
In this section, an in-depth review of literature focuses on available research sources. The research has been done by different authors………………………………………………………………………………………………………………………….Please contact our team to receive guidance, support and tutorial services on this assessment in full based on your organisation background, experience and any other special instruction
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