Positive social change initiatives can take many forms: small or large, local or global, and low- or high-cost. Certain organizations can meet certain challenges better than others. By using analytical tools such as a SWOT analysis, organizations can better discover how to put their resources to best use. HR professionals can help facilitate the process of interpreting analyses and implementing positive social change initiatives within organizations.In this Assignment, you will respond to a set of questions on describing what positive social change is, how it can impact society, the role of a SWOT analysis, how a SWOT analysis can be used to create positive social change, and how HR professionals can assist organizations in implementing positive social change initiatives.Submit your responses to the following prompts.In your own words, define positive social change, and describe how a business can incorporate positive social change into its mission to impact society. (75–150 words, or 1–2 paragraphs)Describe the role of HR in supporting (and/or leading) positive social change within an organization, as well as the impact of those efforts on an organization’s workforce, organizational culture, and surrounding community. In your response, include at least three examples of positive social change that you have read about or experienced within an organization. (225–300 words, or 3–4 paragraphs) Explain the role of a SWOT analysis for an organization. Then explain how an organization could use a SWOT analysis to create positive social change, both internally and externally. (150–225 words, or 2–3 paragraphs) If you were an HR consultant to an organization, what steps might you recommend an organization take to implement a positive social change initiative? Be specific and use relevant examples to support your response. (150–225 words, or 2–3 paragraphs)

For this assignment, you are the new Compliance Representative in the HR Department. It is your primary goal to ensure the organization is compliant with laws and regulations in all areas including recruiting/hiring new people, employee safety, and fair labor practices for current employees. While you address compliance concerns in all departments, you report to the VP of Human Resources. Read the case study of Sarah Green and provide a two-part response to the VP of HR.Part One: Read and analyze the scenario below. Write a report to the VP of HR summarizing the case and providing a clear argument that an EEOC act was violated. State which act applies to the case.Part Two: Prepare an outline of a training session for hiring managers and for the pay and benefits specialists to prevent a repeat of the situation in the scenario.Case StudySarah Green has been an accountant for 12 years. She worked in a small medical practice for two years after earning her BS in Accounting and then chose to work freelance for five years. For the past five years she worked at a large firm, Stokely and Associates, where she brought in more new clients than 92% of her colleagues and received a higher satisfaction score from clients than 90% of her coworkers.Sarah had to move to a new city to care for her sick mother. This meant finding a new accounting position. She was excited to be hired at the large accounting firm, Parker and Mendez Accounting, LLC, right away. Unfortunately, she learned after 4 months that she was being paid less than her coworkers who had equal or less experience than she did. When she asked the hiring manager about the discrepancy, she was told that the organization’s policy is to pay in a range based on previous pay. The hiring manager did admit to being surprised that her previous salary was at the low end of the expected range given her successes and performance reviews, but the policy is there for a reason and making an exception defeats the purpose of the policy.After researching her industry and old employer, Sarah learned that her previous employer regularly paid women less than men even when the women had more experience or brought in more clients. Her current pay was impacted by this discriminatory practice.The report to the VP of HR should include two parts:Part OneA summary of Sarah’s case.Address which of the EEOC acts the previous organization violated.An explanation of the ethical and legal obligations of the current organization.A proposed solution for Sarah.A proposed change in policy for determining starting pay at the current organization.Part TwoAn outline of a training session for all hiring managers and benefits and payroll specialists. Each of these sections should be included and explained briefly but with enough detail that the decision-makers reading the report are fully informed and can approve the training.Introduction: Provide an overview of the training. Example: Excellence in Interviewing is a two-week online training that introduces the best practices in interviewing.Scope: State how broad or narrow the focus of the training will be.Objectives: List what participants will be able to do using “To + verb” statements. Example: To roleplay an effective phone interview. To write three behavioral interview questions that assess given criteria.Training Method: Explain the format of the training. Online, face-to-face, blended, asynchronous or in real time or both.Evaluation using Kirkpatrick’s Levels: Address each level of Kirkpatrick’s in detail. Share specific strategy to evaluating the proposed training.Use this template for composing your responses.

QuestionWhat is the principal-agent problem? and What is corporate governance? Do they complement one another or do they conflict with one another?My ResponseThe principal-agent problem occurs in case there is a disagreement between an individual or a group and the person they have chosen to act on their behalf. The group or individual, in this case, is referred to as the principal while the person authorized to work on their behalf us referred to as the agent. There are different issues that might lead to the principal-agent problem. For starters, it is when there is asymmetrical information between the two parties. In such an instance, the agent will often have more information when compared to the principal (Corporate Finance Institute, n.d.). Additionally, it will occur in the case the agents start working towards their interestsat the expense of the principal.As for corporate governance, it will involve a set of rules and practices which are used in the process governing a certain organization. Notably, corporate governance will involve balancing the interests of different stakeholders in an organization (Chen, 2020). Also, it will provide a framework that will be used in the process of attaining the set objectives in an organization. The board of directors in afirm will be the main body that influences corporate governance. In assessing the terms which have been stated above, they will complement each other. That is because, with good corporate governance, the probability of the principal-agent problem is reduced to a huge extent. Inversely, bad corporate governance will lead to the emergence of the principal-agent problem. Therefore, it is vital for a company to invest in having good corporate governance as it will lead to a working relationship between the principal and agent.Chen, J. (2020, April 12). Corporate Governance Definition. Retrieved from https://www.investopedia.com/terms/c/corporategove...Corporate Finance Institute. (n.d.). Principal-agent problem - Overview, examples and solutions. Retrieved from https://corporatefinanceinstitute.com/resources/kn...RESPONSESRespond to two or more of your classmates 150 word min.Virginia,The principal-agent problem is a major disadvantage of organization economic activity within firms, as opposed to within markets. It can arise when an agent such as a manager, performing activities on behalf of principle, pursues his or her own interest. Managers may be more interested in pursuing their own interests such as empire building and job security. Plus managerial perks such as corporate jets or executive retreats at expensive resorts rather increasing shareholders' value. The corporate governance mechanisms to direct and control the enterprise which a firm must put in place to ensure the pursuit of its intended goals. A system of mechanisms to direct and control an enterprise in order to ensure that it pursues its strategic goals successfully and legally. Corporate governance is about checks and balances and about asking the tough question at the right time. The Board of directors of the company is responsible for making the corporate governance for the firm to earn its objectives with the interest of everyone. The bad is the one that will affect the financial status of the organization. The corporate governance compliance the principle agent as if there is a principal-problem arising, the corporate governance could be used to make implement in the rules and regulations under which the agent is working to restore the principal's interest. Corporate governance is the set of rules and regulations set by the government for the smooth running of industries and companies. All the industries must comply with these rules. Both corporate governance and principal-agent problems conflict with one another as one tries to run a company smoothly while the other destroys the company.Erica,The principal agent problem is a “situation in which an agent performing activities on behalf of a principal, pursues his or her own interest.” Situation can arise when an agent, usually a manager, does not look out for interest of the principal. A solution to overcome the principal agent problem is to give the agent ownership, through stock options. The principal can also have the agent report to them on a regular basis. Corporate governance is a “system of mechanisms to direct and control an enterprise in order to ensure that it pursues its strategic goals successfully and legally.” There should be policies, rules and practices set in place that dictate how a company’s board of directors manages and oversees the operations of a company. When a company has poor corporate governance, it leads to the collapse of the company or financial losses for shareholders. Like it said in the book, due to poor corporate governance from companies, it can lead to accounting scandals, like what happened in the early 2000s and global financial crisis of 2008. I believe that principal agent problem and corporate governance can conflict with one another. It’s important for companies to have strong rules and regulations set so everyone is in synch with one another, and having this can eliminate the possibility of a principal agent problem arising. They conflict with each other because corporate governance wants their strategic goals to be successful and legal, and principal agent problem is when the agent is pursuing his or her interest rather than the principals, which can lead to losses for the owner or shareholder. WRITE A PARAGRAPH ON WHAT YOU LEARNED AND HOW YOU PLAN TO APPLY ITI have attached this weeks assignement. Use the material thats attached as well as the DQ question to answer this question