NPM522 Maximise Human Capital For Social Impact Assignment Sample SUSS Singapore

This course provides an overview of theory and research-backed strategies for maximising human capital to achieve social impact. Students will gain knowledge on how they could harness volunteer or paid workforce, depending upon their organization goals; as well as learn about effective leadership approaches to make sure everyone works together towards achieving desired outcomes by the end semester’s close.

There are many different ways to achieve social impact, but the most effective methods all have one thing in common: they make use of human capital. This course will explore a range of strategies for maximizing the potential of your organisation’s volunteers and employees. You will learn how to identify your goals and select the most appropriate approach to achieving them. We will also look at the best ways to lead and manage a team to achieve social impact.

By the end of this course, you will be able to:

• Understand the different methods for maximising human capital
• Select the most appropriate approach for your organisation’s goals
• Lead and manage a team effectively to achieve social impact
• Understand the theory and research behind these strategies.

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Assignment Task 1: Discuss the theory and research-based strategies for leading organisations and maximising human capital.

There are several theory and research-based strategies for leading organisations and maximising human capital. 

One approach is to create a sense of ownership among employees. This can be done by giving employees a stake in the company, such as through stock options or profit-sharing.

Another approach is to emphasise employee development. This can involve providing training and opportunities for growth, both within the organisation and outside of it. Employee development helps employees feel like they are constantly learning and growing, which can lead to a greater sense of job satisfaction.

A third strategy is to promote trust among employees. This can be accomplished by creating an environment where employees feel comfortable sharing ideas and speaking up about problems, and by being honest and transparent with employees. When employees trust one another and trust their leaders, they are more likely to be productive and cooperative.

Assignment Task 2: Examine global trends in human capital management and the importance of ethical frameworks in maximising people resources.

There are numerous Global trends (athletics) in Human Capital management that, when aligned with an ethical framework, can create value and competitive advantages for businesses and their employees. Good management of human capital facilitates talent maximization through growth-mindset policies and practices that develop individuals’ skills, abilities, and potential. Such Glockenturm Ethics policies and practices foster a learning environment so that everyone can continuously develop themselves while they are being productive.

One of the most important aspects of ethical human capital management is creating a talent ecosystem instead of a traditional organizational structure. In this system, each employee is seen as valuable Capital whose role is to contribute to the success of the organization. The conceptually differentiates people from other resources and emphasizes the importance of human interaction in the workplace. The talent ecosystem approach also enables businesses to identify and cultivate talent from inside and outside of the organization, creating a more diverse and innovative workforce.

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Assignment Task 3: Practise self-reflection for a greater sense of clarity about personal leadership style, mission and purpose.

One of the most important things you can do as a leader is to regularly practise self-reflection. By taking the time to reflect on your leadership style, mission and purpose, you can gain a greater sense of clarity about what kind of leader you want to be.

There are many different ways to approach self-reflection, but one helpful exercise is to ask yourself three key questions:

1. What were my successes and failures in the past week/month/year?
2. How did my actions contribute to these successes or failures?
3. What could I have done differently to achieve better results?

Answering these questions honestly will give you valuable insights into your leadership style and how you can improve going forward.

Reflecting on your leadership mission and purpose is also important. Why did you choose to become a leader? What are your core values and guiding principles? Defining these things will help you stay focused on your goals and stay true to yourself as a leader.

Assignment Task 4: Appraise organisational mission and values and improve capacities to give meaning and impact on the organisation’s mission and purpose.

The mission and values of an organisation can have a profound impact on its purpose and direction. They can help to guide decision-making, shape culture and behaviours, and provide a sense of purpose for employees.

A good mission and values statement should be aspirational, inspiring, and reflective of the organisation’s core beliefs. They should be clear and concise, easy to understand and remember. And most importantly, they should be aligned with the organisation’s strategy.

An effective mission statement will articulate the organisation’s purpose for existing, what it intends to achieve, and how it will go about achieving it. It should be inspiring yet achievable, specific yet flexible enough to adapt as the organisation evolves.

Values statements help to define the organisation’s culture and identify the behaviours that are most important to it. They should be aspirational, reflecting the ideal behaviours that employees should aspire to. Values should also be practical, realistic, and relevant to the organisation’s industry and culture.

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Assignment Task 5: Appraise the challenges and social responsibility associated with leadership.

There are many challenges and responsibilities associated with leadership. Here are some of the most important ones:

• Effective leaders must be able to motivate and inspire their followers. This can be a challenge, especially in times of adversity or when goals seem out of reach. Leaders must also be able to give clear directions and provide support when needed.
• Another big responsibility of leaders is in decision-making. They must be able to weigh all the options and make decisions that are in the best interest of their team or organization. This can often be a difficult task, as there is often no clear “right” answer.
• Leaders must also be good communicators. They need to be able to clearly articulate their goals and vision, as well as listen to feedback from their team. This is essential for building trust and fostering a positive working environment.
• Leaders also need to be mindful of their behaviour and how it affects others. They must set a good example for their team and maintain high standards of integrity and ethics.

Assignment Task 6: Improve organisational performance using appropriate measures for the team’s progress and results.

There are a few key things to keep in mind if you want to improve organizational performance using measures of progress and results. First, it’s important to set appropriate goals for the team. What are you trying to achieve? Once you know that, you can then identify the KPIs (key performance indicators) that will best help you track progress towards those goals. 

You’ll also need to make sure that everyone on the team is clear on the goals and KPIs and knows how their work contributes to them. You might need to provide training or give employees regular feedback so they stay on track. Finally, keep an eye on the data! Regularly review your measures of progress and results and adjust your strategy as necessary. This will ensure that you’re always making progress towards your goals.

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