S&P Review queston

Learning Goal: I’m working on a business writing question and need an explanation and answer to help me learn.

 

In at least 2,000 words (500 words for each point), pick a single company in the S&P 500 and respond to the following four points. You can use the company you used in previous week, or choose a new one altogether. If you would like to use your organization, or one that is not listed, please contact me via email at monica.galante@mycampus.apus.edu so we can discuss alternatives.

POINT 1: Businesses today are leveraging “data” to help make good decisions; but, if the right kind of data is not collected, these efforts could be in vain.

First, research and describe how your chosen company is using data for workforce management purposes. Then, explain how you would handle it differently (if at all) if you were in charge of Human Resources and Workforce Management for the same company.

  • What is one question related to workforce management that you would want to study?
  • What data would you want to collect to measure it?
  • As examples, you might choose to look at employee satisfaction, or production, or burnout, or turnover, or work-life balance, etc.

POINT 2: Some businesses try to be proactive with change initiatives. Others, however, seem to be mainly reactionary. One of the biggest shifts in workforces today is the impact of technology and automation.

First, research and describe how your chosen company is handling the impact of technology on their workforce. Then, explain how you would handle it differently (if at all) if you were in charge of Human Resources and Workforce Management for the same company.

  • What technology and/or automation risks and opportunities would you project for your company?
  • Do you anticipate a shrinking, expanding, or static workforce over the next several years as technology becomes more superfluous and capable? Explain your answers.

POINT 3: The COVID-19 pandemic tested the resilience and ingenuity of all businesses around the world. But the virus affected different industries in different ways, and each business ultimately decided on their own response strategy.

First, research and describe how your chosen company handled the COVID-19 pandemic when it was at its worst. Then, explain how you would have handled it differently (if at all) if you were in charge of Human Resources and Workforce Management for the same company.

  • Suppose that a new variant emerges which is more contagious and more serious than anything we have seen previously. How would you respond?
  • What would this mean for your company?
  • Could your workforce and operations survive it?

POINT 4: Advanced statistics offer tools that allow us to explore cause and effect relationships in unique ways so as to make smarter decisions (i.e., HR and business analytics). However, different tools can tell us different things about the data we look at.

First, research and describe how your chosen company is using statistics (if at all) for workforce management. Then, explain how you would handle it differently (if at all) if you were in charge of Human Resources and Workforce Management for the same company.

  • What is one phenomenon that you would want to run a linear regression analysis for?
  • What would your dependent variable be?
  • What would your independent variable(s) be?
  • What would you expect (or hypothesize) to be the result?
  • How and why would the output be useful to your company?

Some helpful guidance:

  • The 2,000 word requirement here means 2,000 words of substance. So please do not count title pages, headings, or references. Since you must write at least 2,000 words, it would be my recommendation that you aim for ~500 words per question.
  • Only use first person (I, we, our) in academic essays when you are writing about a personal experience or unless you are referring to your actions which would otherwise create awkward third person sentences. Third person is preferred in academic writing.
  • Your paper should also include a minimum of eight (8) sources, properly cited in-text and in a reference list in APA format.
  • Your paper should be in proper APA format with a title page (no abstract required). Please double-space and use a readable 12pt font.
  • This assignment uses TurnItIn.com for originality verification. If you copy/paste from other sources, you may receive a zero.
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