Argosy MBA6010 Strategic Planning Worksheet

Question # 00652857
Subject: Business
Due on: 04/09/2024
Posted On: 04/09/2024 04:26 AM
Tutorials: 1
Rating:
4.9/5
Question Dot Image

MBA 6010 Argosy University Strategic Planning Worksheet

Week 3 - Assignment 2: Calculate Investing in Productivity Improvements (HR)

Previous Next 

Instructions 

Prepare a policy position that addresses the issue, "Does it make sense to invest in the productivity improvements offered by the HR module?"  Access the Spreadsheet in this week’s Resources titled Activity 3 ROI Analysis.

For this exercise, you need the spreadsheet and both the Capstone Courier and Annual Report. Use the Round 2 reports for the analysis. Human Resources statistics like workforce complement and turnover rate are on Courier page 12. Use Annual Report Income Statement's total Labor cost to estimate payroll costs.

Listed below are the assumptions for this exercise:

These are the maximums for recruiting and training costs:

Recruiting costs per new worker are $5000.

Each employee trains 80 hours per year at $20 per training hour.

Workforce complement increases by 4.2% to cover the 80 hours people are in training.

Assume the following productivity payoffs:

Round 2 - 102%

Round 3 - 105%

Round 4 - 108%

Round 5 - 112%

Round 6 - 115%

Round 7 - 118%

Therefore, in Round 7 each worker would be 1.18 times as effective as the beginning worker, and your workforce complement would fall to 1/1.18 or 85% of its current level.

For a quick evaluation, assume your total labor expenditure from the Annual Report Income Statement will stay flat for the next 6 years.

Part 1: Using this week’s course readings and supplemental readings, summarize (1-2 paragraphs) the importance of reviewing ROI for investments in human resources

Part 2: How much of a cost savings might you expect in the seventh year? What are the savings for all 6 years?  What are the Recruiting and Training costs? Would the total cost savings justify the necessary expenditures in recruiting and training made over time?

Part 3: Assume your turnover rate doubles and no increase in workforce size. Are the Recruitment and training costs still justified?

Length:  1 - 2 pages of analysis.  Please submit a copy of your spreadsheet as well.

Resources:  Supplement this weeks’ readings with a minimum of one additional scholarly article.

Your presentation should demonstrate thoughtful consideration of the ideas and concepts presented in the course and provide new thoughts and insights relating directly to this topic. Your response should reflect scholarly writing and current APA standards. Be sure to adhere to Northcentral University's Academic Integrity Policy. 

Dot Image
Getsolution Posted By :
Questions: 14841 Tutorials: 14840
Tutorials for this Question

Argosy MBA6010 Strategic Planning Worksheet

Tutorial # 00651756
Posted On: 04/09/2024 04:27 AM
Feedback Score: Not rated yet!
Purchased By: 2
Getsolution
Posted By:
Questions:
14841
Tutorials:
14840
Report this Tutorial as Inappropriate
Tutorial Preview
The solution of Argosy MBA6010 Strategic Planning Worksheet...
Attachments
Argosy_MBA6010_Strategic_Planning_Worksheet.ZIP (18.96 KB)

Great! We have found the solution of this question!

Related Questions
What are the Committee Reports to which the USSC
Reread the USSC opinion in the case of Dickman v. Commissioner, 465 U.S. 330 (1980). The edited opinion can be found beginning on page 48 of the text. You can find (but do not need to find) the f …
Week 8 Discussion - In business, feedback from customers
week 8 discussion In business, feedback from customers is critical to advancing products and services and staying current with trends. It also creates a bridge between the company and its target ma …
Ethics and moral responsibility - how would you describe the marketing
Ethics and moral responsibility For this assignment, you will read an article and answer a series of questions concerning the ethics and moral responsibilities involved with a controversial marketi …
BUS120 They are about three highly publicized incidents
BUS120 Read these articles. They are about three highly publicized incidents where actions by employees forced each company to take a drastic and unusual action. As you read, think about the ethics …
Week 6 - Legal and regulatory issues relate to differences in laws
WK6:BSN ASSIGN Legal and regulatory issues relate to differences in laws and regulations for both domestic and multinational companies. discuss how political, legal, and ethical issues can affect t …
BUSI640 Quantitative Inventory Analysis Assignment
BUSI 640 QUANTITATIVE INVENTORY ANALYSIS ASSIGNMENT INSTRUCTIONS  OVERVIEW The assignment will provide practical knowledge in determining safety stock calculations so that healthcare sto …
MBA504 Business - Since visualization plays an important role in business
MBA504 Business Question Overview Since visualization plays an important role in business communication between consultants and stakeholders, Power BI is a popular tool to use with Excel data …
Departmentalization, Chain of Command, Span of Control
1.) Provide a real world example of work specialization. Please use at least two of these key terms in your answer: Departmentalization, Chain of Command, Span of Control, Centralization and …
Discussion 5 - Business Information Systems
Business Information Systems Discussion 5 The Internet has, in many ways, made the world smaller. We are now able to communicate in real-time with people anywhere in the world. Considering that pri …
Discussion 10 - What is debt management, and why is it important
Discussion No. 10 Answer these questions in your original post (please remember to cite in-text using module resources): What is debt management, and why is it important for public organizati …
Recent Questions
How do people learn in later years and what type of educational
How do people learn in later years and what type of educational activities can be offered to aging individuals? In this assignment, you will write a brief article suitable for use in a fictional onlin …
Counselling Deaf Clients in Canada - Socio-cultural and demographic
Counselling Deaf Clients in Canada. A. Socio-cultural and demographic background - In this section, include descriptive information about the specific cultural group that you have researched, such …
Project One Planning Document First Draft
Project One Planning Document First Draft Overview You have identified an issue in the natural sciences and developed an  initial research question. In Modules Three and Four, you will prac …
Psychology - Describe the schema you might form about
Psychology Question Assignment #1: Schemas. Visit www.amazon.com and find a product that is of interest to you. Read two conflicting reviews for the product. 1) Describe the schema you might for …
PSYC450 Family Systems Theoretical Analysis
PSYC 450 Family Systems Theoretical Analysis Create a 12-15 narrated presentation about Theoretical Analysis in family systems. Each slide requires 1-2 minutes of voice narration. You have to add A …
HUS320 Final Project: Crisis Intervention Plan and Reflection
HUS 320: Final Project: Crisis Intervention Plan and Reflection Learning Objectives: Design Comprehensive Crisis Plans Task: Imagine a complex crisis scenario (for example, a community affected by …
Psychology - One of the more controversial issues
Psychology Central Texas College One of the more controversial issues in the study of psychology has been the mind-body problem. Consequently, scholars have argued for a very long time about how th …
Psychology - Ethical Appropiateness, Do you believe testing
Psychology: Ethical Appropiateness Respond to the following  1. Do you believe testing can be conducted in a fair and unbiased manner? Why or why not? 2. What are factors that need to be c …
Personality Theories in the Psychodynamic Tradition
Personality Theories in the Psychodynamic Tradition [ Before beginning work on this discussion, read the chapter in your textbook that coincides with your assigned theorist (below). In addition, re …
Psychology - Summarize the key assumptions and assertions
Psychology Question This assignment is intended to prompt you to examine the ways in which gender-based attitudes and beliefs affect support for specific social policies. You will continue to exami …