HRM3704 Assignment
3 (COMPLETE
ANSWERS) Semester
2 2024 (366456) - DUE
16 September 2024
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[Type the company name]
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, Exam (elaborations)
HRM3704 Assignment 3 (COMPLETE ANSWERS)
Semester 2 2024 (366456) - DUE 16 September 2024
Course
Contemporary Issues in Human Resource Management (HRM3704)
Institution
University Of South Africa (Unisa)
Book
Contemporary Issues in Human Resource Management
HRM3704 Assignment 3 (COMPLETE ANSWERS) Semester 2 2024 - DUE
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SAFSI is a financial services company that specialises in providing insurance
services to companies and individuals in the form of retirement annuities, and
investments. They also have a section that offers car, home and life
insurance. SAFSI boasts of good profits yearly. SAFSI’S HR Director,
Reinhard was appointed two years ago after senior management and the
board realised that there were challenges caused by the absence of a full HR
representative at the senior management level. Reinhard sits at senior
management meetings but also heads the HR function of SAFSI. HRM3704:
Assignment 03 Semester 02 (2024) 6 He has proven to be a good choice. He
holds degrees in HR and general business management, apart from his vast
experience in HR, he has also led supply chain and finance units in various
organisations. The senior management sees Reinhard as relevantly qualified
as he is not only an HR generalist but also a business generalist. This has
been witnessed in his advice to senior management on matters related to
finance and SCM, however, the finance manager has not always been happy
with his suggestions related to matters of finance, in his words, he said
“Reinhard, kindly keep in your lane finance matters are mine and I am
specialist in that field”, but other managers have always welcomed Reinhard’s
ideas on finance. He has been well supported by senior management in his
initiatives like the establishment of a proper employee development unit which
includes talent management as its subunit. Employee development was not
done properly because many employees struggled to attend training on
relevant courses and workshops that would assist them in their performance