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Level 7 Diploma in Strategic Management and Leadership

Business factors and human resource requirements

SL703 · Strategic Human Resource Management — Week 4 of 16

CourseSL703
Week4 of 16
SemesterII
TutorOnline in the course chat

This week’s topics

Business factors and human resource requirements

  1. Growth in business; changes in business; labour market competition; labour cost substitution; control of labour cost
  2. Operations location; work nature changing; productivity and efficiency increase; technological impact; competition in business; declination of business
  3. Personnel prerequisites identification: experiences, skills, qualifications, numbers; personnel matching to organisational prerequisites
  4. Basic prerequisite factors: skills, demand and supply of labour, workforce
  5. External factors: policies of governments, education, employment, regional or industrial training; competitions in labour market

What you will be able to do

  • 2.1 Assess the business factors to consider before human resource planning.
  • 2.2 Determine human resource requirements in different organisational contexts.

Study materials

The teaching notes, exercises and videos of this week are in the student portal. Your portal is set up as soon as you receive final acceptance, so you can open them before the semester starts.
Week 3Week 5
Course chat

Admitted students ask questions on this week’s page in the student portal: an AI assistant trained on the course answers first, and during the course’s timetabled classes Connect to your tutor brings your tutor into the chat, who may start a call if needed.

Open this week in the portal
Course plan
  • Week 1: The nature and importance of human resource management
  • Week 2: The role and purpose of strategic HRM
  • Week 3: HRM and other functional areas
  • Week 4: Business factors and human resource requirements
  • Week 5: Developing a human resource plan
  • Week 6: The purpose of human resource policy
  • Week 7: Regulatory and legal requirements and HR policy
  • Week 8: Midterm evaluation
  • Week 9: Business ethics, CSR and sustainability in HR policy
  • Week 10: Strategy, structure and culture in the management of human …
  • Week 11: Developing a structured and comprehensive HR strategy
  • Week 12: Monitoring the effectiveness of human resource management
  • Week 13: HRM approaches, business strategy and HR metrics
  • Week 14: Leadership and an HR strategy that supports mission, vision…
  • Week 15: Review and coursework completion
  • Week 16: Final evaluation and project assessment
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