CompetenciesIn this project, you will demonstrate your mastery of the following competencies:Determine how an organization gains a competitive advantageDetermine organizational risk and growth opportunities in order to develop a strategic planDefend business decisions in support of an organization’s strategic planScenarioIt’s the moment of truth: your opportunity to demonstrate why your new product or service is worth funding. You have done the research and know that the funding you seek can be a game changer for the company. Not only will it produce revenue and profitability, but more importantly, it will strategically set the company apart from its competition.You just have to convince senior management.In preparation, you have created a checklist for yourself to use in compiling information that includes research, feasibility of the idea via the BMC, scope of project (timeline included), project risk mitigation, DEI, CSR, and 24-month pro forma.You know that anything can happen in a funding pitch. With this in mind, you are prepared to answer questions that encompass all aspects of the project.DirectionsCreate a pitch for funding. In this pitch, you will have to convince senior management to greenlight the new product or service. Aspects of the pitch that must be addressed:Value proposition: Describe the company’s current value proposition in the market.Describe the selected company’s main product or service.Discuss the company’s overall strategic plan.Competitive advantage: Describe the competitive advantage the company will gain by funding the project.Describe how you discovered an opportunity to do something better than your competitors.Determine how the new product or service shifts the value proposition of the company.Risks and opportunities: Establish the risks and growth opportunities of the company.Determine if the new product or service could disrupt the current industry.Identify the risks associated with the development of this new product or service.Growth opportunities: Describe the areas of potential growth for the company.Identify the growth opportunities within the company.Explain how the competitive advantage allows for growth.Distinguish as a new product or innovation: Distinguish the new product/service as an innovation or improvement on an existing product/service.Determine if the product or service fits within the capabilities of the company.Note: a company’s SWOT analysis or 10-K is an indicator of whether the new product or service could be feasible.Explain how the new product or service adds to the portfolio of the company.Target segment: Describe the targeted segment.Identify the target customer.Explain your blue ocean strategy.Note: The new market is identified here.Speculate sales: Speculate on the projected sales.Justify your product or service by the numbers; discuss your projected revenue gain.Note: it MUST have an ROI that justifies the project for investors and/or senior management.Explain the risks associated with projected sales.Speculate profitability: Speculate on the profitability of your proposed product or service.Determine if the project is profitable.Note: In this pitch for funding, senior management has to know that the project, based on market research, is speculated to be profitable. Use the company’s current income statement to project how the company’s profitability will be affected. Look to other companies in the marketplace with products or services similar to the one you are proposing as a basis for your projections. Note: these numbers are purely speculative.Determine the impact on the functional areas of the business (accounting, marketing, sales, and so on).CSR plan: Outline the plan to service the community or customers that purchase the product or service.Discuss how the idea demonstrates corporate social responsibility (CSR).Identify what the company has invested in as it relates to the communities they serve.Discuss how a good CSR plan helps the company gain competitive advantage.DEI plan: Summarize how the project will include a variety of perspectives to get a better unique value proposition.Determine if the company has a corporate culture built on DEI.Discuss how the project’s DEI plan fits into the company’s overall strategic plan.

Deliverable length: 5–8 PowerPoint Presentation slides with speaker notes (excluding the title and reference slide); including detailed speaker notes of 200–250 words speaker notes for each slide As the new HR manager of a jewelry company, you have put together some preliminary reports for the CEO. One of the reports you compiled focuses on employee turnover. The jewelry company is an organization with aggressive expansion goals. In the last 2 years, the company has continually hired new employees, yet it has not achieved the staffing levels it desired. The company knew that some employees had left the organization, but turnover rates have not been formally tracked. After your preliminary fact-finding, you were surprised to discover that the turnover rate for the past year was 38%. You know the CEO will not be pleased with this turnover rate, and you have made the decision to prepare yourself more before presenting the report to the CEO. Turnover presents a significant cost for an organization, so you recognize that this will be an opportunity for you to demonstrate how you can partner with the executive team to turn this situation around and help the company be more competitive. Prepare a short presentation for the CEO on the situation and possible reasons as to why employees are leaving at such a high rate.As you are preparing your presentation, consider the following: In detail, discuss several of the reasons why employees tend to leave organizations.You plan to present the financial impact to the CEO to get a real sense of the significance of the situation. What factors will you consider in preparing this financial estimate? For this assignment, you are not required to determine the actual dollar figure, but instead, you are to consider what would contribute to the cost of turnover.Being proactive, what measures can be taken to assess the morale of current employees, and how likely they are to leave or stay?What process do you recommend for partnering with the management team to reduce turnover in the upcoming years?As you consider your role, how will you position this to the CEO to demonstrate the value you can bring to addressing this problem? human_resource_management_____scenario.docx

You must now submit a PowerPoint presentation online. The presentation must be 8-10 minutes long and you must narrate the presentation.  Your presentation should be a detailed description of what you have learned in the course, specifically as it relates to your chosen industry or career path. You will need to get approval from the instructor in advance for your proposed topic, and submit a Formal Outline in a separate Canvas assignment. PowerPoint presentation should include a slide on International Human Resource Management and the differences or important implications related to your industry or career path. Presentation should also include information regarding how a HPWS (High Performance Work System) utilizes the HRM concepts covered during the semester to develop a unique and imitable competitive advantage.  The Rubric for 300-level oral presentations includes specific components that you will be evaluated on: Formal outline submitted in advance (submitted in advance for approval, using guidelines and template) Speaking outline (used during presentation; the guidelines can give you ideas for your approach) Duration of presentation (should be 8-10 minutes) Content area (relevance and understanding of topic) Introduction (attention-getter, thesis) Structure (clarity of main points, transition from one to the next, flow) Conclusion (summarizing key points and/or call to action) Verbal messages (speech, language, etc.) Nonverbal messages (eye contact, gestures, etc.) Technological component (slide design and format) Documentation (citations and References)