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Question 3 [25] Explain in detail three (3) innovative approaches to HRM and provide clear guidelines on how the three approaches can improve the efficiency of your organisation. Question 4 [25] Due to the downturn in the economy, capital is scarce, and organisations needs to put systems in place to manage, measure and drive the performance of all employees. You have been tasked to develop an HR measurement framework for the company (5 marks). Include the steps (10 marks) that you will follow, as well as the HR analytics (10 marks), when putting an HR value chain in place or setting up the value chain. Illustrate each step also with work-related examples