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(Solution) 5OS04 Question 11 (AC 4.3) policies and practices your company should adopt for managing the repatriation of expatriate staff
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Description
Solution
To ensure a smooth repatriation process for expatriate staff returning from the UK or Japan, the company should adopt the following policies and practices:
Career Reintegration Support – Set up progressive careers development within roles to ensure that our returning employees will work in a position where the skills they gained will be used. This ensures the prevention of loss of talent as evidenced by Eeagrants (2014).
Reverse Cultural Training – This entails admission, counseling and training to enable employees to readjust after readingjust into workplace norms in there home country.
Knowledge Transfer Programs – Program repatriates to share experience gained abroad through debriefing sessions or mentorship programs (Srikant Chellappa, 2024).
Through these practices, the company ensures that expatriates are engaged, motivated, and continue to contribute effectively post assignment….
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- In summary, this assignment has focused on evaluating the source of power and risk of an organisation contractual terms. This has been conducted through the focus of SSMC organisation which is currently being engaged in procurement of first aid materials.
- Through a series of analysis, the power and risk distribution has been evidenced as varying in different phenomenon to SSMC and their engaged suppliers. The rationale of this is that for the success of a contract, the legal provisions are critical among the involved parties with clearly set requirements to be adhered to or abstained.
- By using different tools including supplier preferencing matrix, Porter’s 5 forces and Turn-key model have been adopted for this research.
- It has been established that in most instances, SSMC has the power with majority of the risks being held by the supplier. An evaluation of the different components of the contract has been conducted with the clauses of interest including costs, quality level, time for delivery and ethics which influence the power and risk of the suppliers.
- From the analysis of stakeholders by use of the Mendelow stakeholder’s matrix and SWOT analysis, the various issues and risks represent the noted issues in procurement of the fast aid and safety measures in today COVID-19 pandemic.
- As evidenced in the Kraljic analysis, various contract terms are of strategic relevance to SSMC which affirm on its approach of holistically leveraging on contractual risk and power.
- Where the SSMC lacks a holistic balance on the risks and power, a warrant or insurance is granted for guaranteeing their safety.