Exam (elaborations)
HRM3701 Assignment 1 Semester 2 2024 (585848) - DUE 26 August 2024
- Course
- HRM3701 (HRM3701)
- Institution
- University Of South Africa
HRM3701 Assignment 1 Semester 2 2024 (585848) - DUE 26 August 2024
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HRM3701 Assignment 1Semester 2 2024
(585848) - DUE 26 August
2024
QUESTIONS WITH COMPLETE ANSWERS
, HRM3701 Assignment 1 Semester 2 2024 (585848) - DUE 26 August
2024
Operational context NOVA Economics is a specialist economic and
development consulting firm which employs 120 people, the consultants
are all economists, financial analysts and computer scientists. Most of the
staff are between their 30s and mid-40s many with master’s degrees and
some with PhDs. Founded in 2002, NOVA Economics provides clients with
the in-depth expertise and analysis necessary to make the right choices.
The consultants combine a deep understanding of the Southern African
business and policy context with specialist skills in international trade,
public policy and regulation, competition economics and climate change.
The work is very technical, involving large amounts of data analysis. Where
NOVA Economics does not have specialist skills in-house, the consulting
firm was able to draw on a network of local experts and academics as well
as their strategic business partners in Australia and Europe. Before
lockdown, staff were used to remote videoconferencing with clients, and
company policy allowed working from home one day a week, but this
wasn’t particularly commonplace. The Managing Director Yash
Ramkolowan commented that ‘even if once a week someone would work
from home, the rest of the team would be in the office, so it did have the
feeling that most people were in the office most of the time.’ In terms of
flexible hours, there was already a culture of flexing the start and end of the
day, both for work–life balance needs and to enable meetings with “THEIR”
clients in different time zones. While some staff made use of this, many
also worked traditional office hours, and core hours of 11.00 to 15.00 were
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