Question: Answer the below questions and in master level stander and give one reference for each question from learning resources provided. Developing Human Capital Imagine the
Answer the below questions and in master level stander and give one reference for each question from learning resources provided.
Developing Human Capital
Imagine the following conversation taking place between a CEO and the director of HR:
CEO: What if we invest in the development of our employees and then they leave our company? Aren't we wasting that investment?
Director of HR: Well, what if we decide not to invest in the development of our employees, and they stay?
Developing human capital is a top priority for organizations aiming to be successful and effective. In fact, it is an important factor in retaining winning talent. For your Assignment this week, imagine that you have been appointed for a special project to build the human capital at Global ProTech. You must research how to develop human capital.
QUESTIONS:
- Analyze how competency frameworks help determine capabilities needed for organizational success.
- Analyze steps required for future innovation and growth in the organization.
- Distinguish at least five important traits for successful leadership.
- As an HR professional, identify at least three factors to consider when developing a leadership strategy.
- Identify three challenges in developing such strategies.
- Identify three metrics that you would use to measure a leadership-development approach and explain why these three metrics will build human capital.
- Finally, provide three suggestions that can help managers to be better coaches.
Learning Resources
Required Readings
Armstrong, M. (2009). Organization designLinks to an external site.. In Armstrong's handbook of human resource management practice (11th ed., pp. 403-414). Kogan Page. https://nscpolteksby.ac.id/ebook/files/Ebook/Business%20Administration/ARMSTRONGS%20HANDBOOK%20OF%20HUMAN%20RESOURCE%20MANAGEMENT%20PRACTICE/23%20-%20Organization%20Design.pdf
Blain, N., Royal, M., & Stark, M. J. (2018, December 12). Here's how to build organizational agility: 3 key lessons from the "World's Most Admired" on how to transform culture to keep pace with changeLinks to an external site.. Human Resource Executive. https://hrexecutive.com/building-organizational-agility/
Chu, C., Good, T., Puertas, F., & Kerr, J. (2019, June 12). New workforce skilling for innovation and growthLinks to an external site.. Accenture. https://www.accenture.com/us-en/insights/strategy/new-workforce-skilling-innovation-growth
Edwards, J. (2014). Creating an organizational structureLinks to an external site.. In Mastering strategic management (1st Canadian ed.). BCcampus Open Education. https://opentextbc.ca/strategicmanagement/chapter/creating-an-organizational-structure/
Pulakos, E. D., Kantrowitz, T., & Schneider, B. (2019). What leads to organizational agility: It's not what you thinkLinks to an external site.. Consulting Psychology Journal: Practice and Research, 71(4), 305-320. https://go.openathens.net/redirector/waldenu.edu?url=https://doi.org/10.1037/cpb0000150
Rigby, D. K., Sutherland, J., & Noble, A. (2018, April 17). Agile at scaleLinks to an external site.. Harvard Business Review. https://www.bain.com/insights/agile-at-scale-hbr/
Kragt, D. (2022, December 7). How busy people can develop leadership skills. Harvard Business Review Digital Articles. https://hbr.org
Valamis. (n.d.). Competency modelLinks to an external site.. https://www.valamis.com/hub/competency-model
Westfall, C. (2019, July 4). Why coaching matters: How leaders can become better coaches and build stronger teamsLinks to an external site.. Forbes. https://www.forbes.com/sites/chriswestfall/2019/07/04/coaching-matters-how-leaders-become-better-coaches-build-stronger-teams/
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