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(Solution) New CIPD 5C003- Professional Behaviours and Valuing People
(Solution) CIPS PIN RCU Driving value through procurement and supply;Managing expenditures; Developing contracts; Sourcing essentials; Negotiation in procurement and supply
An organisation's Supply and Procurement Management (PS&M) department has a formal negotiation plan that was created for this integrated module assignment.
The organization that will be discussed is Royal Commission of AlUla (RCU), which is a front-runner in Saudi Arabia when it comes to commissioning of infrastructure and visitors facilities which underpin AlUla future success while at the same time protecting natural beauty and historic sites.
Within this study, the category of procurement for IT Systems has been recognized. Relevant insights into the negotiation strategy have been offered via reflection on information from the following areas: managing expenditures, negotiating in procurement and supply, sourcing necessities, developing contracts, and driving value through purchasing and supply.
Various tools such as STEEPLE, SWOT analysis, Porter's 5 Forces, and the Mendelow Matrix are utilized. When formulating the strategy for the negotiations, stakeholders were considered. Since RCU is a procurement organization, the rationale for this is that they aim to improve tourism and archaeological sector services provided to government institutions while also achieving cost savings.
Government funding in tourism has been decreased due to the worldwide economic downturn that followed the COVID-19 pandemic. Consequently, RCU has few options when it comes to available resources. Therefore, it is critical that they negotiate value for money with their stakeholders.
In order to ensure a successful operation, it is necessary to work on a detailed negotiating plan. Their respective sourcing strategies, predetermined terms and conditions, and relationships with stakeholders are all part of the negotiation strategy.
The necessity of creating the negotiation strategy is dictated by the results and conclusions of this integrated assessment. To do this, one must properly plan, test, propose, negotiate, agree, and conclude the process.
Stakeholder relations are vital in different strategies and phases of the negotiation, according to the acquired findings. In addition, for RCU to maximise their competitive advantage in sourcing IT Systems, they would accomplish BATNA and MLA for the proper outcomes.
Several gaps have been observed that are in accordance with the findings and recommendations in this research. These shortcomings highlight the need of implementing these suggestions to address them.
One of them is making sure that all relevant parties are included in the planning process by incorporating current technology.
Additionally, in order to prevent conflicts of interest, it is necessary to incorporate explicit documentation. That is in conjunction with process-specific, market-driven bargaining strategies.
(Solution) Assessment ID / CIPD_7CO02_24_01 why the effective management of expatriate staff can be challenging and often leads to disappointing outcomes in practice
Question 15 (AC 4.3)
Drawing on examples and published research, assess why the effective management of
expatriate staff can be challenging and often leads to disappointing outcomes in practice.
What one major recommendation would you make to an organisation that was about to
expatriate a senior manager to work in an overseas subsidiary for the first time? Justify your
answer.
(Solution) CIPD 5C003- Professional Behaviours and Valuing People
(Solution) 7CO03 Learning Journal Ethical standpoints on people practice and the maintenance of high standards of ethical behaviour
(Solution) CIPS FIDIC Terms and Conditions PDC
- This report evaluates the terms and conditions that are applicable in a contract management process to improve its implementation.
- By referencing FIDIC organisation terms and conditions, their effectiveness in mitigating issues with time, unethical, quality, costs and performance management has been evaluated.
- These terms and conditions are grouped into the goods quality, guidelines of goods and services inspection, communication, and time extension.
- Part of the analysis involves the evaluation of performance measures essential to improve management and monitoring of the stakeholder’s involvement in the contract process.
- At the end, battle of forms has been evaluated, which involves failure to agree on set terms and conditions.
- To solve this, short-term rule and long-term rule and Lord Deming could be adopted.