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HRM2605 - ASSESSMENT 1 - QUESTIONS AND ANSWERS - SEMESTER 2 - 2024
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2024 – S1 – HRM2605 – ASSESSMENT 1 – Q&AAssessment 1
Started on Wednesday, 13 March 2024,
State Finished
Completed on Thursday, 14 March 2024,
Time taken
Marks 10/10
Grade 100 out of 100
Question 1
Read the following scenario and then answer the question that follows:
The CEO of a rapidly growing technology company realises that the current HR
practices are not sufficient to sustain the growth of the organisation. The HR
department is focused on recruitment and selection but lacks a strategic vision for
talent management and development.
The CEO decides to hire a strategic HR consultant to help develop a comprehensive
HR strategy that aligns with the company’s business goals. The consultant conducts
a thorough analysis of the company’s current HR practices and identifies areas that
need improvement.
Based on the analysis, the consultant recommends a new strategic HR plan that
focuses on attracting, retaining, and developing top talent. The plan includes
implementing a performance management system that links employee goals with the
company’s strategic objectives, developing a comprehensive training and
development programme, and introducing a succession planning process to identify
and develop potential leaders.
The HR department collaborates closely with the consultant to implement the new
plan. They create a job rotation programme to help employees develop new skills
and gain experience in different areas of the company. They also introduce a
leadership development programme to identify and nurture potential leaders.
As a result of the new HR strategy, the company experiences a significant
improvement in employee satisfaction and the company is able to attract and retain
top talent, which helps to drive innovation and growth. The CEO and other senior
1
, 2024 – S1 – HRM2605 – ASSESSMENT 1 – Q&A
leaders credit the success of the company to the strategic HR plan and the
collaboration between the HR department and the consultant.
From the scenario above, it seems as if the consultant assisted the
organisation in aligning its HR practices, procedures and systems strategically
and implement an HR plan based on the organisation’s needs. From the
options below, identify the most suitable HR approach that was adopted.
Select one:
Strategic HRM
Talent management
Management
Traditional HRM
Feedback
The correct answer is “Strategic HRM”.
Refer to section 1.2 in Lesson 01 and section 1.3 in chapter 1 of the prescribed
book.
Strategic HRM (SHRM) refers to the process of aligning the HR function with the
strategic objectives of the organisation to improve performance and achieve the
organisation’s overall goals. Moreover, SHRM involves the alignment of HR policies
and practices with the business strategy of the organisation. This includes activities
such as attracting and acquiring top talent, training and development, performance
management, compensation management, and succession planning. In summary,
the ultimate goal of SHRM is to ensure that the organisation’s human capital
2
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