(Solution) CIPD 5CO02 key findings for stakeholders from people practice activities and initiatives AC 2.2
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| Present key findings for stakeholders from people practice activities and initiatives. (AC 2.2)
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 200 words
You must insert your graphs in this section |
| 2.2 Presentation of Findings
Percentage of Gender by Type It is clear that men make up more than half of the workforce, making up 53.85% of it, with women coming in second at 45.38%. The non-binary class, on the contrary, has the lowest percentage and has little representation inside the organisation. The differences in salaries across different genders The comparative bar graph shows the income distribution clearly, showing that women get the highest salaries, suggesting progress towards pay parity. Males do better than females in the lowest income group, raising questions about potential pay disparities based on gender. Disability percentage among the teams The property team, followed by the income team, has the greatest proportion of non-disabled people, as seen by the bar graph. The data unambiguously shows that a sizable portion of people in the organisation do not have disabilities. The data and its consequences need to be understood more deeply, and this can only be done by conducting thorough investigations that lead to insightful conclusions.
Table 2. Findings on Hybrid Working practices According to the study, 83% of the workforce, a sizeable number, strongly disagrees with experiencing stress when working in a physical workplace. In addition, 59% of employees feel a strong feeling of connection to the company’s culture following the implementation of hybrid working. In addition, the majority of respondents, or 54% of them, totally concur that hybrid working improves their ability to manage their personal and professional lives and general wellbeing.
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| Make justified recommendations based on evaluation of the benefits, risks and financial implications of potential solutions. (AC 2.3)
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 400 words
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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.