, HRM3704 Assignment 3 (COMPLETE ANSWERS)
Semester 2 2024 - DUE 16 September 2024 ; 100%
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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