Fluent Essays

prepare a 500words presentation script for this student , the company name is eBay and the eBay attached file is their report which done before. Write   350words for internal process & 150words for learning /training and development initiatives , just this two section only  , if can do 4-5 pages power point slide for student thx There is a sample attached file can take as a reference   Just imagine that you and 3 others from your consultancy firm have been hired as consultants to propose a performance management system to senior management for an organisationthat has been having performance difficulties recently. Your brief is to design a balanced scorecard performance management system incorporating innovation to address performance problems identified in earlier analysis. In designing this performance management system senior management has asked for advice on the role of HRM and how two HRM practices would support the design. Senior management has asked your group to present the proposed design to the board. The 20 minute presentation is worth 20\% of the mark and should include your problem definition, a balanced scorecard for your organisation incorporating innovation into the 4 perspectives, and your choice of 2 HRM practices explaining how they will address performance problems and improve innovation and performance. Groups will need to provide a summary of their presentation slides for the class (see attached example). A sample powerpoint presentation is attached for SPC Ardmona to help guide students. These slides are not pretty and they have more text on the slides in order to help guide students as to what kinds of information is expected. Slides will need to include citations to support information and a list of references at the end outlining the details of the citations used in the presentation. Please see the Swinburne Harvard Guide for information about how to format referencing correctly. Please note, there are three HRM practices outlined in the sample presentation slides to help guide students for three different HRM practices however groups are only required to choose two HRM practices. Groups can choose presentation software other than powerpoint to support their presentation if they wish.  Learning objective of group assignment: To provide you with practice and experience in applying the information we have learned about performance management systems, this group assignment asks you to design a balanced scorecard as a performance management system for an organisation that will help foster innovation in the organisation. Instructions for forming groups: At the start of the unit all students will need to self-select themselves into groups of 4 with other members of your tutorial group.  Groups need to be finalised by the end of week 2 because the group will need to submit a brief problem definition in Week 4. If you do not self-select a group, you will be allocated to a group. If you do not participate in a group you will receive zero (0) for the group component. It is the responsibility of students to establish that they have participated in groupwork. As a mark of respect it is expected that students will attend the presentations of other groups as well as their own. HRM20020 Group Assignment Problem Definition Report Group members: Gabriel Manfrin JonPaul Furlan Kevin Zhang Jessica Tin Choice of organisation: EBay. EBay is a virtual international online market place where buying and selling goods takes place, this can range from anything as small as pens to something as significant as selling submarines. Problem definition and rationale: What is the key performance problem for this organisation? The key performance problem that EBay is suffering is the liberalisation of the many online traders on the international market. It is through their trading activities which EBay is losing its identity as an online auction site and adopting a “buyers” destination for goods. From this it brings many concerns regarding fraud, postage prices, and large brand names using EBays website as a virtual warehouse to store their inventory. How does this performance problem relate to the four balanced scorecard perspectives? There are several issues that raise concern, regarding EBays business processes. According to the four balanced score card perspectives, customers personal privacy issues somehow becomes a critical topic in eBay when sellers and buyers register their personal information. Meanwhile they are also facing a problem how to protect children and teenagers from some inappropriate material or information in terms of more and more young people interested in shopping online (Scott, 2012). Customers also want to get what they bid for when they buy something online because they cannot see the real item before it arrives (Thomas, Gattiker & Dianne. H. Parente, 2007). EBay also has issues on internal business processes, which is, they should pay more attention to the speed of their delivery in terms of their sellers location being all over the world. They also need to learn and innovative new products and improve quality of their products (Jamshed .M) What are the strengths and weaknesses facing the organisation? Opportunities 1. Census has illustrated in United States and United Kingdom, 13.3\% and 7.7\% total expenditure generated in the two nations are from internet retailing in first quarter 2016. The proportion increased from 2.8\% and 3.3\% in 2007 respective. (Census 2016) The enormous increase is expected to persist, and eBay still has a large market to conquer. Particularly with the prevalence of internet service and smart phones, more users have adopted online shopping. 2. Brand Reputation is another opportunity that exist for eBay. (Lin and Daim 2009) eBay is one of the first established internet market place around the globe. eBay’s reputation will function as an opportunity to acquire and attract more new starters selling or buyer in internet platform. (Lin and Daim 2009) Threats 1.As eBay is an e-commerce organization, its primary income is generated from sales on its online retail platform. With that in mind, eBay may be threatened by internet insecurity. Increasing amount of malware and hackers are targeting e-commerce platforms and social networking platforms due to the large volume customer information they store on their site. eBay needs to evaluate the threat in online security and ensure the security of its information and system (Lin and Daim 2009). 2.As eBay expands in the size of its operation it is no longer the low cost e-commerce organization that it used to be. As eBay become larger in size, its product and services incur overhead costs into consideration. Thus eBay may be threatened by relative small regional e-commerce platforms (Lin and Daim 2009). These platforms incur lower overhead cost and are thus capable of providing substitutable services at a lower cost (Lin and Daim 2009). 3.Exchange rates is another instable factor that threats eBay. eBay’s operation and revenue is highly dependent on the exchange rate internationally, fluctuation in foreign exchange rate or home rate may jeopardize eBay’s profitability (Lin and Daim 2009). Strengths 1. EBay has more than 150 million live postings and more than 105 million dynamic clients internationally in 37 nations. That makes eBay the biggest commercial centre web, having an incredible control over other online retailers. 2. EBay has a strong business model, which is a bridge connecting buyers and sellers and providing a commercial platform that helping small business be success. 3. As EBay becoming a dominate name in e-commerce it give companies high competitiveness. Meanwhile, this will help EBay to attract more sellers and increase their sales, revenue and market shares. 4. The procurement of Pay Pal has helped the organization to upgrade the experience of clients utilizing eBay. This has had a thump on impact and helped the fulfilment of clients utilizing eBay. Pay Pal saw its incomes ascend by around 90\% . year-on-year, while it additionally encountered a 80\% expansion in instalment volumes (Jurevicius, 2016).  Weakness 1. Ebay needs to improve their revenue in advertisement, despite the fact that promoting income speaks too little of incomes, it is a region where eBay ought to hope to abuse in request to create more noteworthy incomes for the organization overall. 2. There are numerous issues for eBay and the great one is excessive charge backs. Cheating and security issues happen frequently will affect customers unwilling for online purchase in utilizing cards. 3. Products transferring also a vital jobs. Spoiled goods, overwhelming, big are always issues and cost a lot. Time somehow for shipping will change customers’ option to buy things from other places (Seyed.M. Hassan & Amir. J.Sistani & R.Sayta Raju, 2014 ). Rationale: The rationale at looking at problems across different performance perspectives is that they are activities that can be linked and are central to HR. Using The Balanced Score card as our new Performance Management System considers the key problem of poor financial performance we have put activities and measures into the four perspectives (financial, internal process, customer, learning and growth) of this performance system. We have chosen two measures in particular to incorporate into these perspectives. We did this because it as our aim is to obtain continuous feedback and improvement that will highlight any skills and knowledge gaps, and create a better financial situation for eBay. HR is able to measure and monitor performance measurement activities a lot more accurately and effectively using the Balanced scorecard. Our Strength is in our customers and the correlation with our brand name (Lin & Dain 2009). The two supporting practices that the HR department has decided to implement to help with the ailing financial perspective is to introduce a reward system and secondly learning and training opportunities for employees. The HR rationale is to find activities that support creativity and innovative (internal processes) as well as measures that promotes learning and training opportunities to help staff at eBay deal with the innovation economy and current poor innovation standards resulting in a decline in our financials with our competitors. We think applying a reward and learning and training opportunities will help to create this environment. A new customer focus within our strongest perspective of our company will be driven by applications and HR activities toward better online service in security (An example is not receiving the items what they thought they had purchased, (Thomas. F. Gattiker & Diane. H Parente, 2007) and better logistics knowledge in our system. The rationale of HR and the Balanced score card is to innovate an approach to best practice when we are dealing with delivery and security issues by also incorporating activities based on a rewards system across and within the four perspectives of the Balanced Score Card. These two chosen HR activities to be performance measured to reflect improvements in financial productivity and revenue from links in implementing and fostering innovations will be measurements of the learning and reward incentives. The validity in this rationale is a long-term development in the synthesis of the Balanced scorecard and the eBay brand name as being the most secure, practical and timely virtual warehouse for our customer’s distribution needs. This needs to be done without compromising our market strength of branding and recognition. We must play to our customer strengths and retain a strong image while building a strong reputation in cyber security and logistics which are weaknesses. The customer perspective needs to keep us isolated from peripheral branding that threatens our market differentiation. Our rationale to senior management is that we need to foster these objectives so we win the market war of subjectivity to cyber space issues by focussing on learning and growth as well as rewards for innovation in our PMS system. If we ignore these issues eBay will in the long run be predispose just another online website fraught with logistical and security issues that leads to the drowning out the reputation as an e-commerce icon against such companies as Amazon and emerging Ecsty, if we don’t take action. We are leading with our brand name and a reputation as a secure and logistical warehouse for others. We do not want to represent other brands at the consequence of a diminishing our own market brand such as Amazon. (Practical e-commerce 2013, Why we abandoned Amazon and eBay, 26 March, viewed 18 August 2016, Implementation Plan Our implementation plan process will keep ‘consensus’ to our ‘strategic mindsets’ to deliver a holistic, systematic and analytical performance system designed by the HR architect and senior management at eBay to accomplish a ‘shared vision’ or rationale across our four business perspectives. The BSC in the implementation process becomes a tool for strategic measurement as well as for strategic management as can be seen in the illustration below. Roles and responsibilities are part of this continuous process. The initial implementation will need to be set into a managerial appointment so that the function of a BSC is used in all four business perspectives. We need to consider responsibilities and milestones to endeavour to complete the project and keep things clearly detailed and defined. As discussed in week two when we chose our problem definition and formed a team to place into a formalised “Team charter”. The charter and subsequent meetings and correspondence were outcomes to revise progress in week Two, three and four according to the “minutes’ taken and tasks set to the tasks actually being completed. The implementation team is as follows and the plan to implement the BSC relies on us to manage our SBU/Lines of business(LOB)/ subordinate eBay departments Gabriel – Finance JP- Accounting Kevin- IT Jessica Marketing, Customer Service, ESG responsibilities, HR, all other we have not noted. References: · Inc, eb. (1995) Contact customer service. Available at: http://pages.ebay.com.au/help/account/questions/about-ebay.html (Accessed: 15 August 2016). · Tebbe, 1999, EBays Outages Highlight Problem with I Commerce, Industrial Management Business Planning, Infoworld vol. 21, issue 25, p.34 · Speculations, G. (2015) Key challenges besetting eBay’s marketplaces segment. Available at: http://www.forbes.com/sites/greatspeculations/2015/06/04/key-challenges-besetting-ebays-marketplaces-segment/#276e5c2c1c50 (Accessed: 15 August 2016). · Inc, eb. (1995) Postage & shipping services. Available at: http://sellercentre.ebay.com.au/postage-and-shipping/choose-provider (Accessed: 18 August 2016). · Page, V. (2015) ‘EBay vs. Amazon business model’, in Available at: http://www.investopedia.com/articles/investing/052615/ebay-vs-amazon-business-model.asp (Accessed: 18 August 2016). · Jurevicius, O. (2013) EBay company SWOT analysis 2013. Available at: https://www.strategicmanagementinsight.com/swot-analyses/ebay-swot-analysis.html (Accessed: 19 August 2016). · DeNale, R. and Weidenhamer, D. (2016) Census quarterly retail e-commerce sales. Available at: https://www.census.gov/retail/mrts/www/data/pdf/ec_current.pdf (Accessed: 22 August 2016). · Lin, da and Daim, T.U. (2009) ‘Platform strategy framework for internet-based service development: Case of eBay’, International Journal of Services Technology and Management, 11(4), pp. 334–354. doi: 10.1504/ijstm.2009.024565. · startedGetting› and e Bay (1995) What is eBay. Available at: https://www.google.com.au/search?q=What+is+eBay&rls=com.microsoft:en-AU&ie=UTF-8&oe=UTF-8&startIndex=&startPage=1&gfe_rd=cr&ei=-c-zV52sLtLu8wf2i73IAQ&gws_rd=ssl#q=ebay+subsidiaries&stick=H4sIAAAAAAAAAOPgE-LQz9U3qLI0SNbSzCi30k_Oz8lJTS7JzM_Tzy9KT8zLrEoEcYqtikuTijNTMhOLMlOLASUBDf43AAAA (Accessed: 22 August 2016). · Seyed.M. Hassan, Amir. J.Sistani and R.Sayta Raju, 2014, “Top Online Shopping E-companies and their Strength and Weakness (SWOT)”, Research Journal of Recent Sciences, Vol.3, Issue. 9, pp. 102-107.[Accessed 22 August 2016] · Ovidijus Jurevicius. 2016. eBay Company SWOT analysis 2013 | Strategic Management Insight. [ONLINE] Available at: https://www.strategicmanagementinsight.com/swot-analyses/ebay-swot-analysis.html. [Accessed 22 August 2016]. · L, B. (2015) Amazon’s artisan move pushes Etsy, EBay lower. Available at: http://www.bloomberg.com/news/videos/2015-10-08/amazon-s-artisan-move-pushes-etsy-ebay-lower (Accessed: 22 August 2016). 4 SPC Ardmona Presented by: Liz Merlot, Michela Betta, Tim Pluekhahn, Susan Quinn Problem definition • Overall problem – The key performance problem for SPC Ardmona has been poor financial performance. • How does this problem relate to each of the four perspectives of the balanced scorecard? • Financial: • Increasing losses requiring bailouts from government and parent company (Malone, 2015; Tonkin, 2015) • Customer: • Stagnated offerings, product recalls (Hatch, 2016; Tonkin, 2015) • Internal Processes: • Aging and out of date manufacturing equipment (CCA, 2014; Tonkin, 2015) • Learning and Growth: • Turnover, rising employment costs (Durie, 2015; Tonkin, 2015) Evaluating performance Strengths Australian image Community involvement New product lines Weaknesses Competition Reliable fruit quality Low technological innovation Opportunities “Clean & Green” image “Health” image Online retail Parent company Coca-cola Amatil Threats Supermarket private labels Global competition High employment costs Poor economic condidtions SWOT Analysis Source: Chang & Kristiansen, 2006; Malone, 2015; SPC Ardmona company website; Tonkin, 2015 Proposed Design of Balanced Scorecard with Innovation To bring premium packed fruit and vegetables to Australians Financial Perspective Expanding financial measures to include measures of social and environmental stakeholders. Internal Business Process Using relationships with local community and fruit growers to build traceability. Develop online retail store to provide new distribution opportunities. Learning and Growth Develop partnerships with local universities to build capacity for new knowledge. Use broader CCA network to develop career pathways for staff. Customer Perspective Expanding to new sources of health conscious consumers Source: Kaplan & Norton, 1996 Voepel, Leobold &Eckhoff, 2006 The role of HRM • HRM practices are considered a crucial input for organisational innovation (Ling & Nasurdin, 2010). The proposed balanced scorecard needs to be supported by the performance appraisal system, learning, training and development initiatives, and rewards. • Performance appraisal systems provide the opportunity to build goals to improve collaboration and idea generation into individual performance management systems so that performance goals are in alignment (Gupta & Singhal, 1993). • Learning, training and development initiatives provide the skills and capacity for individuals to achieve new performance initiatives (Truss, Mankin & Kelliher, 2009) • Reward systems signal the importance of proposed initiatives to employees so effort is exerted on desired results and behaviours and performance is improved (Aguinis, 2009) Performance Appraisals role in improving performance • In alignment with increasing collaborative relationships proposed in the BSC, revamping performance appraisals to include a focus on relationships and increased generation of ideas builds innovation into the HRM system (Gupta & Singhal, 1993; Voepel et al., 2006) • How can the performance appraisal system be designed to address performance problems and improve innovation? • Reports back on new products showcased at trade conferences. • Contacts with local growers • Ideas for workgroup for experimentation Performance appraisal • Gupta and Singhal (1993) recommend that frequent performance appraisals are required to support innovation. • Introduce new, supplementary self appraisal online system, to allow staff to reflect on performance ,to be completed twice a year (Hutchinson, 2013). • What measures will be used to evaluate impact? • Attendance numbers at identified trade events • Number of ideas reported from network and for a workgroup Learning, Training and Development initiatives to improve performance • In alignment with increasing collaborative relationships and development of new knowledge proposed in the BSC learning, training, and development initiatives provide SPC Ardmona with the skills and capacity to support innovation and improve performance (Jiménez-Jiménez & Sanz-Valle, 2008; Truss et al., 2009). • How can learning, training and development be designed to address performance problems and improve innovation? • Offer work-team time in experimentation lab • Staff training in online skills, training in manufacturing technology • Placement scheme in larger CCA network or with local growers Learning, Training and Development • Modifying Kirkpatrick’s model for evaluating training (Reaction, Learning, Job behaviour and Results) provides a means for evaluating the impact of learning, training and development to improve innovation (Truss et al., 2009). • What measures will be used to evaluate impact? • Staff satisfaction with learning, training and development initiatives (Reaction) • Ideas reported back to workgroup and tested in experimentation lab (Learning) • Ideas from learning, training and development initiatives implemented in workgroup (Job behaviour) • Staff undergoing training (Results) • Numbers of staff taking up placement scheme (Results) • Return on investment (cost of initiatives by revenue)(Results) Using rewards to improve performance • Effective reward systems in innovative companies motivate employees to take risks, develop successful new products, and generate more new ideas (Gupta & Singhal, 1993; Jiménez-Jiménez & Sanz-Valle 2008). • Rewards are designed to target behaviours and results of individuals and work groups using time buyout and financial rewards (Hutchinson, 2013) Rewards • Rewards to address performance problems and improve innovation? • 10\% time ‘buyout’ scheme • Collaborative grants with local growers • Team bonuses for implementation of innovative ideas • What measures will be used to evaluate impact? • Numbers of staff in buyout scheme (behaviour) • Number of ideas generated by buyout scheme (results) • Number of collaborative grants (results) • Amount spent on team bonuses (results) • Revenue generated by new ideas (results) Fostering innovation • The proposed design should foster innovation through: • Fostering creativity through supporting idea generation and developing collaborative efforts in recognition that innovation is a collective achievement (Subramaniam & Youndt, 2005). • Removing some of the barriers to innovation identified by Albury (2005) by increasing support for appropriate risk taking and generating new ideas, to improve rewards as incentives to be innovative, and to expand sources of innovation. Conclusion • Developing greater online retail and building networks requires a corresponding increase in staff capacity. Performance appraisal provides an ongoing system for ensuring staff meet these strategic objectives. Learning, training and development initiatives work to provide skills and capacity to meet new objectives. Rewards encourage staff to develop skills and behaviours to meet objectives. References • Aguinis, H 2014, Performance Management, 3rd edn, Pearson, Essex. • Albury, D 2005, ‘Fostering Innovation in Public Services’, Public Money & Management, vol. 25, no.1, pp.51-56. • CCA, 2014, Coca Cola Amatil Annual Report, viewed 22 September 2015 < http://ccamatil.com/INVESTORRELATIONS/Pages/AnnualReports.aspx> • Chang, H.-S. and Kristiansen, P. 2006, ‘Selling Australia as “clean and green”’. Australian Journal of Agricultural and Resource Economics, vol .50, no. 1, pp. 103–113. • Durie, J, 2015, ‘SPC chief Peter Kelly to go in CC Amatil shake-up’ The Australian, Business Spectator, January 14. • Gupta, AK. and Singhal, A. 1993, ‘Managing human resources for innovation and creativity’, Research Technology Management, vol. 36, no.3, pp.41-48. • Malone, P, 2015, ‘State intervention a success for SPC Ardmona, staff, fruit growers and consumers’, The Age, May 2. • Hatch, P, 2016, ‘SPC Ardmona recalls potentially explosive tinned tomatoes’ The Sydney Morning Herald, Business Day, May 17. • Hubbard, G, Rice, J. and Galvin, P, 2015, Strategic management: Thinking, analysis, action, 5th edition, Pearson: Melbourne. • Hutchinson, S, 2013, Performance Management: Theory and Practice, CIPD: London. • Jiménez-Jiménez, D and Sanz-Valle , R. 2008, ‘Could HRM support organizational innovation?’ The International Journal of Human Resource Management, vol.19, no.7, pp. 1208-1221. References Continued • Kaplan, R.S. and Norton, D.P. 1996, Appendix ‘Building a scorecard’ in The Balanced Scorecard: Translating strategy into action, Harvard Business School Press: Boston Massachusetts pp. 294-311. • Ling, TC. and Nasurdin, AM. 2010, ‘Human resource management practices and organizational innovation: An empirical study in Malaysia’, The Journal of Applied Business Research, vol.26, no.4, pp. 105-115. • Malone, P, 2015, ‘State intervention a success for SPC Ardmona, staff, fruit growers and consumers’, The Age, May 2. • SPC Ardmona company website. <http:// http://spcardmona.com.au/en/about- us/who-we-are> viewed 19/07/2016. • Subramaniam, M. and Youndt, MA. 2005, ‘The influence of intellectual capital on the types of innovative capabilities’, Academy of Management Journal, vol. 48, no.3, pp.450-463. • Tonkin, B, 2015, Fruit and Vegetable Processing in Australia, IBISWorld, C1140 • Truss, C., Mankin, D and Kelliher, C 2012, Strategic Human Resource Management • Voelpel, S.C., Leibold, M. and Eckhoff, R.A. 2006, ‘The tyranny of the Balanced Scorecard in the innovation economy’, Journal of Intellectual Capital, vol. 7 no. 1 pp. 43 – 60.