Sblc7008 Managing Human Capital Assessment Answer

In your role as a business coach, you provide advisory services for new entrepreneurs who are interested to set up a business.  You have been approached by one such entrepreneur to assist them to validate the viability of their business

 

In your evaluation, you are required to

 

 

Task 1

· Define the business that your client intends to establish, and the intended business model in view of the current business environment (approx. 400 words)   

1. Industry Overview

2. Company Background

3. Business Model

 

Task 2

· Critically evaluate the sustainability of the business, and how the external business environment may influence the business model and strategy of the venture.  (approx. 1200 words)   

1. Pestle, 5 Force, Scenario Analysis,

2. Competitor Analysis

 

 

Task 3

· Critically analyse the Human Resource requirements and develop the HR strategies that is viable to support the sustainability of the business.  (The HR strategies may include the model adopted such as soft or hard model, as well as recruitment, selection, training, performance management and motivation) (approx. 1200 words)

1. Can discuss about recruitment strategies, selection training and etc

 

Task 4

· Evaluate the key success factors of the business including the challenges and solutions recommended to overcome these challenges (approx. 400 words)   

1. Key Success factor of the business you have chosen

2. Challenges and Solution to overcome challenges