5BIC template Business Issues amp Contexts of HR v1
Core Unit - 5BIC = 6 credits 3000 words
On final submission please enter your total word count for learning outcomes summatively assessed (excluding bibliography): ﾧ
Learning Outcome 1: Understand key contemporary business issues affecting the HR function within private, public and third sector organisations.
Assessment Criteria
1.1 Explain types of organisations and the roles of management in them.
Indicative Content: Understand key contemporary business issues affecting the HR function within private, public and third sector organisations. Types of organisation; the role of management within them; ways in which HR is delivered; the main functional areas of management; the search for sustained organisational performance, business profit and efficiency; analysing, evaluating and drawing conclusions from financial and non-financial data; balanced scorecard or similar performance measurement tools; managing the change agenda.
There are three sectors within the economy which most organisations fall into. They are the private, public and third sector also known as voluntary or charitable sector. Organisations within the private sector are privately owned by individuals or groups. Usually the aim of these businesses is to survive by making a profit and organisations such as Tesco and Coca-Cola fall into this sector. Organisations that fall into the public sector are those that are owned or funded and controlled by the government and tend to provide services to the public such as the NHS and the Metropolitan Police Service. The third sector consists of organisations that are not for profit and non-governmental. These organisations tend to be charities that have philanthropic goals and are value driven. Usually reinvesting any surpluses generated back into their businesses in pursuit of their aims. Organisations such as the UNICEF and NSPCC fall into this sector.
Each organisation will have a unique hierarchy to align with their strategies and business needs. There
On final submission please enter your total word count for learning outcomes summatively assessed (excluding bibliography): ﾧ
Learning Outcome 1: Understand key contemporary business issues affecting the HR function within private, public and third sector organisations.
Assessment Criteria
1.1 Explain types of organisations and the roles of management in them.
Indicative Content: Understand key contemporary business issues affecting the HR function within private, public and third sector organisations. Types of organisation; the role of management within them; ways in which HR is delivered; the main functional areas of management; the search for sustained organisational performance, business profit and efficiency; analysing, evaluating and drawing conclusions from financial and non-financial data; balanced scorecard or similar performance measurement tools; managing the change agenda.
There are three sectors within the economy which most organisations fall into. They are the private, public and third sector also known as voluntary or charitable sector. Organisations within the private sector are privately owned by individuals or groups. Usually the aim of these businesses is to survive by making a profit and organisations such as Tesco and Coca-Cola fall into this sector. Organisations that fall into the public sector are those that are owned or funded and controlled by the government and tend to provide services to the public such as the NHS and the Metropolitan Police Service. The third sector consists of organisations that are not for profit and non-governmental. These organisations tend to be charities that have philanthropic goals and are value driven. Usually reinvesting any surpluses generated back into their businesses in pursuit of their aims. Organisations such as the UNICEF and NSPCC fall into this sector.
Each organisation will have a unique hierarchy to align with their strategies and business needs. There
Bibliography: [3] Legislation (2010). Equality Act 2010. Available: http://www.legislation.gov.uk/ukpga/2010/15/section/4 Last accessed 20th September 2014 CIPD: Cost and Benchmarking Factsheet. February 2014. CIPD Staff<http://www.cipd.co.uk/hr-resources/factsheets/costing-benchmarking-learning-development.aspx> 23 Jul. 2014 WIKIPEDIA: http://en.wikipedia.org/wiki/SWOT_analysis CIPD: HR Business Partnering Factsheet. August 2014. CIPD Staff <http://www.cipd.co.uk/hr-resources/factsheets/hr-business-partnering.aspx> 23 Jul. 2014 CIPD: HR Shared Service Centres Factsheet CIPD: PESTLE Analysis Factsheet October 2013. CIPD Staff <http://www.cipd.co.uk/hr-resources/factsheets/pestle-analysis.aspx> 01 Aug. 2014 CIPD: Performance Appraisal