A solid foundation of research will support the theoretical base and practical applications of your strategic plan. Prepare an annotated bibliography of the 10 or more sources you have selected. Submit the completed document to your instructor for review.
Week 5: Portfolio Milestone: Purpose Statement (50 points of the final Portfolio grade)
Most of us are aware of the term “purpose statement” but are unsure of its real meaning within an organization. It is a statement describing the organization’s purpose, or the reason for its existence. The purpose of an organization reflects a desired position in the marketplace. It should accurately answer to the questions below. The purpose statement is the written summary of those answers.
Who are we?
What do we do?
For whom do we do this?
How do we know when we are getting it done?
The purpose statement is the written summary of those answers. The most effective purpose statements are short, concise, and direct. A good purpose statement is between 2–3 sentences.
Answer the four questions above and create a purpose statement for your HR department. Submit the answers to the four questions and the purpose statement to your instructor for review.
NOTE: At this stage, you will need to name your company and decide the service they provide or products they manufacture.
For all Portfolio Milestone assignments: Although you will not earn points the weeks you submit these deliverables, they are required components of the Portfolio Project and you will lose points on your final project grade if you fail to submit these assignments as required by the end of the weeks they are due. See the Portfolio Project grading rubric on the Course Information page for details.
Final Deliverable due Week 8
Required Topics – Be sure to cover the following:
HR Delivery Metrics,
Key Performance Measurements (KPM),
Action Plan for each functional area,
HR mission statement,
HR vision statement and objectives.
Your strategic plan should include:
Table of Contents
Body of your plan
Ten pages minimum (not including the title page, table of contents, reference page or appendix) will be needed to complete the project.
Support your analysis and recommendations with 5 credible sources documented in accordance with the CSU-Global Guide to Writing and APA Requirements.