(Solution) CIPD Level 7 Advanced Diploma in Strategic People Management – Unit 7CO04 Business Research in People Practice
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Description
Solution
Section A: Learner Details
| Learner Name: | Your full name
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| Course Title: | CIPD Level 7 Advanced Diploma in Strategic People Management – Unit 7CO04 Business Research in People Practice |
| Avado Cohort Tutor Name: | Your cohort tutor’s full name
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| Research Topic Area: | Talent Management
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Section B: Research Project Details
| Project Title: | The selected title is; Criteria for successful employee redeployment during organisational restructuring in Malath Insurance organisation.
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| Start Date: |
November |
| End Date: | The month within which your 7CO04 submission is due (check your programme schedule)
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| Research Objectives: | 2-3 specific objectives that clearly outline what you would like to achieve with your research. These need to be SMART and you will note the achievement of these at the end of the project.
1. To conduct secondary research on redeployment by reviewing 10 key studies in areas of changing structure, cultural practices and shifting to acquiring profits within 5 weeks 2. To conduct primary research by surveying 60 respondents to identify different factors impacting employee’s success in the redeployment process in their active organisation practice for 4 weeks 3. To pursue both primary data for 60 respondents and secondary research of 10 key studies for the purpose of supporting employees in their fresh commercialised unit in 3 weeks 4. To provide 5 recommendations in regard to evidence-based redeployment strategy in the organisation for prompt and on-time application within 6 weeks |
| Research Rationale: | With financial and insurance sector where Malath Insurance operate from, contributing to upto 46% of the overall GDP, managing competition and leveraging on market dominance is essential (Trading economics, 2024). Malath Insurance employs an upward of 73,000 employees globally. It also handle upward of 3,000 claims annually (Malath Insurance, 2024). Further, in Muath Insurance, an employee fired would lead to upto 150% of their pay. Retraining would cost approximately $1,096 for each employee. Management of all the employees is a complex undertaking. This is owing to complex structure, hierarchy and culture distinct. Hence, as part of restructuring and adapting to new change by Malath Insurance, redeployment is instrumental. This is to adapt to the changes and embracing new structures. According to Ekemam and Okpara (2021), redeployment manages issues which are associated with employees disagreement with the process for selected staff. After COVID-19, in Muath Insurance, approximately 100 employees were made redundancy. This led to 50% increased turnover levels negatively affecting the organisation. It is similarly unclear on best strategy for Malath Insurance in achieving redeployment process successfully. Therefore, this research will have value to organisation by identifying best strategy in redeployment for successful organisation structure and culture change. |
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