FORMATIVE ASSESSMENT 2 [100] Read the project scenario below and answer ALL the questions that follow. SCENARIO You are part of the HR leadership team at Takealot, South Africa's leading online retailer, offering a wide range of products from electronics to groceries. Recently, Takealot has faced intensified competition with the entry of Amazon SA into the South African market. Known for its global reach and extensive logistics network, Amazon SA poses a significant challenge to Takealot's market dominance. As a result, Takealot is reassessing its HR strategies to maintain its competitive edge and foster a resilient organisational culture amidst market uncertainties. Key challenges include attracting and retaining top talent amidst Amazon's competitive offerings, adapting to rapid technological advancements in e-commerce, maintaining high levels of employee engagement amidst market uncertainties, and enhancing diversity and inclusion initiatives to foster innovation and resilience within the organisation. As a leader in the HR team at Takealot, your task is to guide the HR team in developing and presenting a sustainable strategic plan to optimise human resources in response to intensified competition from Amazon. This plan should incorporate key HR concepts such as talent acquisition and retention, employee engagement, performance management, learning and development, and organisational culture. By leveraging these HR principles, you aim to propose how Takealot can, not only attracts and retains top talent but also fosters a motivated, high-performing workforce. And in turn, significantly contributing to Takealot's competitiveness in the retail market. Note: students are required to read and critically discuss beyond the scope of the scenario and module guide to answer the questions that follow. Foundations of literature include primary and secondary sources. QUESTION 4 (25) With Takealot's focus on recruiting and retaining top talent and following the proposed selection and recruitment, provide a comprehensive training strategy by detailing each of the stages of the training process. Considering the industry's dynamic nature, discuss how this strategy aligns with Takealot's goals, fosters employee development, and contributes to the company's success in the competitive retail market.
FORMATIVE ASSESSMENT 2 [100] Read the project scenario below and answer ALL the questions that follow. SCENARIO You are part of the HR leadership team at Takealot, South Africa's leading online retailer, offering a wide range of products from electronics to groceries. Recently, Takealot has faced intensified competition with the entry of Amazon SA into the South African market. Known for its global reach and extensive logistics network, Amazon SA poses a significant challenge to Takealot's market dominance. As a result, Takealot is reassessing its HR strategies to maintain its competitive edge and foster a resilient organisational culture amidst market uncertainties. Key challenges include attracting and retaining top talent amidst Amazon's competitive offerings, adapting to rapid technological advancements in e-commerce, maintaining high levels of employee engagement amidst market uncertainties, and enhancing diversity and inclusion initiatives to foster innovation and resilience within the organisation. As a leader in the HR team at Takealot, your task is to guide the HR team in developing and presenting a sustainable strategic plan to optimise human resources in response to intensified competition from Amazon. This plan should incorporate key HR concepts such as talent acquisition and retention, employee engagement, performance management, learning and development, and organisational culture. By leveraging these HR principles, you aim to propose how Takealot can, not only attracts and retains top talent but also fosters a motivated, high-performing workforce. And in turn, significantly contributing to Takealot's competitiveness in the retail market. Note: students are required to read and critically discuss beyond the scope of the scenario and module guide to answer the questions that follow. Foundations of literature include primary and secondary sources. QUESTION 4 (25) With Takealot's focus on recruiting and retaining top talent and following the proposed selection and recruitment, provide a comprehensive training strategy by detailing each of the stages of the training process. Considering the industry's dynamic nature, discuss how this strategy aligns with Takealot's goals, fosters employee development, and contributes to the company's success in the competitive retail market.
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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Problem 1CE
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