COMM1170 Assessment 3 Business Case Video Presentation

Assessment 3 so far

To date, you have selected an organisation meeting the following criteria:

• The organisation is publicly listed on a major stock exchange, e.g., the NYSE/ASX, etc.This ensures that you can access publicly available financial information about your organisation.

Analysed an HR-related issue using a variety of tools including:

• Competitive advantage and resource/capability analysis,

• the 5Ws and SWOT analysis

• Current situational analysis versus future desired state

• 5 IS components and as is to be for specific processes.

• Budgeting

• Capital considerations and business risk

• TOE feasibility analysis

Conducted research and produced a series of relevant artefacts from your analysis.

Assessment 3 finalisation

Now you will:

• Create an audiovisual (AV) pitch, detailing your solution to theorganisational issue

• Keep in mind that your audience is the organisation's senior management(including the CEO, CFO, CIO and CHRO)

• Base your proposed solution on thorough analyses using the tools andstrategies you learnt throughout the term and backed up by evidentiarysupport from external research.

The AV pitch

1. Defining the issue

2. Towards the solution: analysis summary

3. Outline of the solution

4. Solution evaluation using TOE andaddressing any limitations

5. Recommendations and conclusion

6. Reference list

1.Defining the issue

What is the issue?

How is the issue linked to the organisations competitive advantage:

Product and/or service leadership

Operational excellence

Customer Intimacy

Situational analysis challenges or pain points contributing to the issue HR (people), technology and capital resources and capabilities impacted by the challenge

Why is it occurring?

Who is going to be involved in fixing it?

Desired future state?

2.Analysis summary

In working towards a solution, summarise the key elements from the relevant analyses and research, e.g.,

Star Aviation needs to automate their HR processes to enhance their recruitmentcapability, and increase employee productivity and performance (from thesituational analysis, resource and capability analysis and HCM framework)

From the 2023 Writers Guild Settlement, Netflix faces increased production costsand needs to develop a cash flow management strategy to ensure it hassufficient funds to meet its obligations (from business and financial riskmanagement considerations and the Accounting toolkit)

3.Outline your solution

Outline your proposed solution including the HR/tech/capital components

What technology is required? What are the changes to business processes?
How are the employees impacted? Will the solution enhance their engagement and/or performance?

How is the solution going to be funded? Capital raising and cost/benefit considerations.

e.g., Star Aviation needs to purchase an HRM software system, with recruitment, payroll androstering modules as the main priorities to address our current HR challenges. Forimplementation, we need to take on additional project management resources and staff trainingin the new system will of course be required. We havent budgeted for this in the 2023-2024period, but our CFO advises that we currently have sufficient retained capital to purchase thenew system which is estimated to cost $850,000 in the first 12 months and thereafter $50,000per annum for ongoing licensing, maintenance and support costs. The business risks due to lackof oversight and propensity for errors to occur in operating our current manual HR system areoutweighed by the financial risk of taking on this comprehensive HRM solution.

4.Solution evaluation

Evaluate the feasibility of your solution using the TOE model:

Technological (Technical) Feasibility: Whether existing information technology is likely tobe able to meet the needs of the new system.

Organisational (Operational) Feasibility: Whether the new system fits within theorganisations customs, culture, charter, or legal requirements.

Economic Feasibility: Whether the anticipated benefits of the system are likely to justifythe estimated development and operational costs.

Identify and state how you plan to address any limitations arising from the TOE evaluation above or other sources (e.g., criticisms of your proposed solution/opposing viewpoints from your research)

5.Final Recommendations and conclusion

Sum up your final solution (having addressed any feasibility concerns or limitations)

A call to action- what do you recommend the senior management do next? e.g., consider the solution further, discuss your detailed implementationplan, endorse your proposal, release the funds to purchase the solution, etc?

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