Description
Solution
(AC2.3) Make justified recommendations based on evaluation of the benefits, risks and financial implications of potential solutions.
Short references should be added into your narrative below. Please remember to only list your long references in the reference box provided at the end of this section. Word count: Approximately 300 words |
Table 1: Recommendation
Based on table 1 data, a major recommendation needs to include investment in Learning and Development (L&D) initiative in the different departments. This is particularly in the R&D departments with “good practice hubs” being pursued. The best practice would be informed by improved L&D strategy and capacity development in all organisation departments (REF). The benefits of recommendation entail an increase in overall organisation efficiency and staff morale. This is since multiple employees would have qualified in being provided with bonus payments due to high score for right skills acquisition. The risks include disagreements as the employees would assume a feel of being superior with competitiveness escalating as opposed to promotion opportunities. The direct costs would be incurred to facilitate training sessions, procuring learning materials used and rewarding of the providers of L&D opportunities. Table 2 Recommendation Implementation of a well-structured training program targeting the line managers for improving their skills in delivering feedback, performance appraisals and underperformance management. According to CIPD (2023), this is while enhancing clear policies for performance management strategy. The benefits of the recommendation include increased efficiencies and contented in their work environment since line managers acquire an increased self-assurance to lecture subordinates and evaluate performance in a well organised approach (CIPD, 2024c). The costs include being incurred to document all operations in training program implementation, recruiting new professionals and partnering with different learning institutions.
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- Internal and external analyses should be carried out in order to pinpoint the best or most effective sourcing strategies for IT.
- A broader sourcing appraisal strategy should be introduced within the procurement policies and practices.
- Improve in focus in managing effective sourcing strategies based on organisational objectives.
- Broader inclusion of stakeholders in the procurement process, in order to enhance sourcing strategy effectiveness.
- Capacity development initiatives should be implemented in the PS&M practices, especially within IT category.