In the first paragraph of your initial response, evaluate the contribution of HR

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In the first paragraph of your initial response, evaluate the contribution of HR

In the first paragraph of your initial response, evaluate the contribution of HRM strategic management in this Business Plan assignment. How is the HRM department involved in the creation of building a strategy for a new business venture?
Now that you have completed a Business Plan, Marketing Plan, and Project Management Plan, do some research for great business or marketing plans and compare your plan with at least one other.
Is there anything in the plan you found that you wish you had thought to put in your plans?
What was it about the plan that caused you to have either a positive or negative reaction to it?
Is it something you would have invested in?
Videos
Business To You. (2020, January 29). BCG Matrix (Growth-Share Matrix) explained [Video]. YouTube. https://www.youtube.com/embed/gNR49lk5dS0
EPM. (2019, September 5). Business level strategy explained [Video]. YouTube. https://www.youtube.com/embed/JVffzkcI02M
HBR. (2019, July 9). The Explainer: The 5 forces make companies successful [Video]. Harvard Business Review. https://www.youtube.com/embed/XCWHSeDU-zk
KPMG US. (2017, November 1). Intelligent automation streamlines HR process [Video]. YouTube. https://youtu.be/qhGc_dJCBYA
WallStreetMojo. (2019, August 31). Debt vs equity financing: Advantages & disadvantages: Key differences [Video]. YouTube. https://youtu.be/1w1yAUn4GGE
Young Entrepreneurs Forum. (2020, August 23). How to write a business plan step by step in 2021 [Video]. YouTube. https://www.youtube.com/embed/JVffzkcI02M
Required Reading
Assensoh-Kodua, A. (2019). The resource-based view: A tool of key competency for competitive advantage. Problems and Perspectives in Management, 17(3), 143-152. https://doi.org/10.21511/ppm.17(3).2019.12. Available in the Trident Online Library.
Chapter 4: Industry Dynamics in:
Kunc, M. (2019). Strategic analytics: Integrating management science to strategy. John Wiley & Sons. Available from Skillsoft database in Trident Online Library.
Laverty, M. & Little, C. (2020). Entrepreneurship. OpenStax. Rice University. Creative Commons User License (CC 4.0). https://openstax.org/details/books/entrepreneurship
Li, W., & Chen, J. (2017, March 2). Backward integration strategy in a retailer Stackelberg supply chain. Omega, 75, 118-130. https://doi.org/10.1016/j.omega.2017.03.002. Available in the Trident Online Library.
Chapter 2: Project Management Overview in:
Watt, A. (2016). Project management. OER Open source for textbooks for Hong Kong. CC SA 4.0 license. http://www.opentextbooks.org.hk/ditatopic/15712
Optional Reading
BusinessBalls. (2019). Porter’s generic (competitive) strategies. Strategy and Innovation. https://www.businessballs.com/strategy-innovation/porters-generic-competitive-strategies/
Mockaitis, A. I., Zander, L., & De Cieri, H. (2018). The benefits of global teams for international organizations: HR implications. International Journal of Human Resource Management, 29(14), 2137. Available in the Trident Online Library.
Reilly, P., & Willia, T. (2017). How to get best value from HR: The shared services option. Routledge Ltd. https://doi.org/10.4324/9781315587219. Available in the Trident Online Library.
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