Description
Solution
Assessment criterion 8 | To be able to demonstrate curiosity and passion for deep learning. |
Indicative content | Sharing good practice with others; using feedback to improve; promoting an approach that includes a willingness to take risks; an innovative learning culture. |
Starting point | Initial ability (scale 0-10) = 7/10
Explanation: I have always been curious about learning and understanding new concepts. As I continue to explore, I have found that my passion for deep learning has grown significantly. I enjoy researching and discovering new ideas, and I am constantly looking for ways to extend my knowledge and expertise Greenleaf, Katz, Stump, & Cribb (2023) also confirmed similar knowledge on passion for learning. My curiosity and enthusiasm for deep learning Zurn (2021) have enabled me to gain a greater understanding of the topics I am learning about. As I continue to learn and grow, I am confident that my passion for deep learning on various HR theories and concepts (Nankervis, Baird, Coffey, & Shields, 2022) will continue to deepen. |
Development objectives | I need to:
1. Gain knowledge about effective strategy for sharing good practice with others that is tailored to different contexts and learning styles. 2. Utilize feedback to improve my own communication and performance. 3. Understand about approach that includes a willingness to take calculated risks and encourages an innovative learning culture. |
Importance to me | Important because curiosity and passion are essential for deep learning. They allow to explore new solutions and approaches to problem-solving, which can lead to more efficient and effective models. Furthermore, curiosity and passion can help to stay motivated and engaged in learning process, resulting in higher levels of success. |
Learning plan (with dates) | 1. Establish a regular reading plan and set achievable goals. Break down big goals into smaller, more manageable ones. Celebrate successes along the way. [January 2022]
2. Develop a plan to help learn new skills and knowledge. Identify the key topics and activities that will help meet goals. Set aside time each day or week to focus on learning and make sure to review progress. [October 2022] 3. Reach out to peers and colleagues to share ideas and insights. Take advantage of mentorship opportunities to get feedback and advice. [September-November 2022] |
Potential ways to evaluate competence | 1. Observe my enthusiasm for learning and ask probing questions to further explore interest.
2. Hold regular check-ins to see how it is progressing in learning. 3. Encourage myself to take on additional challenges and seek support and advice when needed. |
Possible threats | 1. Time: Not enough time available to learn a skill or complete a course.
2. Cost: The cost of tuition, materials, or other items needed for learning can be prohibitive. 3. Quality: Low-quality instruction or materials can lead to an inadequate learning experience. 4. Resources: Lack of resources such as access to technology or educational materials can limit learning opportunities. |
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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.
(Solution) (AC4.1) Assess suitable types of contractual arrangements dependent on specific workforce need
Solution Permanent, full-time contracts Permanent, full-time contracts for delivery drivers offer both benefits and drawbacks, making their suitability dependent on ParcelCare’s operational needs and goals. Pros Permanent, full-time contracts provide job security and consistent income for delivery drivers, enhancing employee satisfaction and loyalty. This stability can lead to higher motivation and productivity, reducing turnover rates and the associated costs of recruitment and training as evidenced by Personio (2023). Full-time contracts also facilitate better workforce planning, ensuring ParcelCare has reliable staffing to meet delivery demands. Cons However, these contracts can be less flexible and more costly for the company. Full-time employees typically require benefits such as health insurance, paid leave, and retirement plans, increasing operational expenses. Additionally, the rigidity of permanent contracts may not align with fluctuating delivery volumes, leading to inefficiencies during low-demand periods. Suitability For ParcelCare, full-time contracts can be suitable if delivery volumes are consistently high, ensuring a stable workforce. However, a mixed model that includes part-time or flexible contracts might offer the necessary flexibility to adapt to changing demands while controlling costs. Part-Time Contracts Part-time contracts offer flexibility for delivery drivers, allowing them to balance work with other commitments. Drivers benefit from a stable income, albeit at reduced hours, while ParcelCare can adjust staffing levels according to demand. A significant advantage of part-time contracts is reduced costs associated with employee benefits, as part-time workers may not qualify for full benefits packages (Abogados, 2019). However, part-time drivers may lack the same commitment or availability as full-time employees, potentially impacting reliability and consistency. Zero-Hours Contracts Zero-hours contracts provide maximum flexibility, allowing ParcelCare to scale staffing up or down based on delivery demand without a fixed commitment to provide hours (CIPD, 2023c). For drivers, these contracts offer freedom to accept or decline work, appealing to those seeking flexibility. However, they also result in income uncertainty and lack of guaranteed hours, which can be challenging for drivers seeking stability. For ParcelCare, zero-hours contracts minimise costs during low-demand periods but may lead to difficulties in maintaining a loyal and consistent workforce due to potential driver dissatisfaction. Part-time contracts are most suitable for ParcelCare’s delivery drivers. They offer a stable income and consistent work schedule, which can enhance job satisfaction and reliability while allowing ParcelCare to adjust staffing levels as needed. This balance supports both operational needs and employee stability. Please click the following icon to access this assessment in full