OBU RAP Topic 13


An evaluation of the contribution made by human resource activities to the attainment of business and financial objective

Human-resources

“Better knowledge of overall functions of HR along with excellent knowledge of role of HR in the selected  organisation and its proper linkage with effective attainment of various financial and business objectives under well qualified mentor is key to success for passing RAP under this topic”

This topic relates with evaluation of  role of various Human Resources (HR) activities in attainment of overall business and financial objectives of specific organisation.

HR activities are the activities in an organisation which are directly or indirectly related to employees. These activities ranges from HR planning, recruitment, orientation, training ,employee benefits, retention and retirement of employees. In short, HR activities are all those activities that related to specific employees of the organisation from their joining till retirement.  In current scenario, we can  easily understand that HR functions is extremely important for any organisation for its long term sustainability and attainment of strategic aims and objectives of the organisation.

Under this topic, first of all, students should have basic knowledge of HR functions in organisation and he must have excellent knowledge of specific role  of HR in his/her selected organisation for RAP. First of all , he/she need to critically assess all activities of HR in selected organisation that can only attain through primary sources of information. Excellent knowledge of all HR activities in the selected organisation are extremely important for passing this RAP. Along with excellent knowledge of all HR activities, student also have vast information about business and financial objectives of the selected organisation. These objective can be both in quantitative terms and qualitative terms as well. Based on overall understanding of various HR functions, student need to assess that how these functions contributing towards achievement of business and financial objectives through provision of very specific information. Students need to more focused on what actually the selected organisation achieved through effective applications of HR functions like how HR function contributed towards maximizing profits along with minimizing overall expenditures and how these HR activities help the organisation in achievement of various qualitative aspects (qualitative aspects various organisation to organisation) in effective manner.

The extremely important aspect of this topic is that under this topic, student must properly link various HR activities with overall financial and business objectives and it is only possible when student have enough information about the selected organisation.

 Key features / requirements:

  • Proper explanation of overall concept of HR activities both in general and specific to the selected organisation.
  • Proper explanation of overall concept of business and financial objectives both in general and specific to the selected organisation.
  • Assessment of how different HR activities impact on attainment of business and financial objectives
  • Provide some quantitative and qualitative analysis to substantiate above mentioned aspects in proper manner.
  • Maintain proper balance in explanation / analysis of different aspects of contribution made by human resource activities to the attainment of business and financial objectives.

 *Feedback from project mentor is essential to get good grades in RAP.

 Key Success Factors:

  • Basic knowledge of HR function
  • Excellent knowledge of HR function in the selected organisation
  • Excellent knowledge of various business and financial objectives of the organisation
  • Proper linkage of various HR activities with overall business and financial objectives of selected organisation
  • Proper application of all selected aims and objectives (that decided in inception of RAP) in appropriate sections of RAP.
  • Proper answering of all research questions (that decided in inception of RAP) in appropriate sections of RAP.
  • Usage of proper research methodology to achieve good result against all selected aims and objectives (that decided in inception of RAP).
  • Maintain proper sequence of all discussion in logical manner by keeping all requirements of the topic.
  • Logically conclude all performed work at the end of Research Report by keeping in consideration of all requirements of the topic.

 *Feedback from project mentor is essential to get good grades in RAP.

Major benefits for choosing this topic:

  • Student will practically apply his/her bookish knowledge into real life.
  • Various techniques learned under this topic will substantially help student in his/her professional life.

Major possible limitations faced by student under this topic:

  • Students may not entertain well by the management of selected organisation in provision of required information due to various issues (e.g. confidentiality aspects, non availability of authorized person to disseminate information to student for research work, etc.)
  • Student may not find good stuff from internet  or other sources (due to weak research approach) to bring ideas for improvement in the project.
  • Student may be confused due to variation in actual information (verbal or documented) provided from primary sources with the result that he/she actually derive from his/her research work as per requirement of the topic.

 *Feedback from project mentor is essential to get good grades in RAP.

Suitable organisation under this topic:

The most suitable organisation under this topic is that for which student have access to management of the company and moreover management of the company is willingly provide all required information to student as required under the topic. Selection of most appropriate organisation is very essential as student must have better understanding of overall operations of the organisation and moreover he/she also have enough knowledge of the sector in which his/her selected organisation actually operates. Based on better knowledge of the organisation and respective sector , student will be able to interlink various aspect of overall operations of the selected organisation with all requirements of the topic that ultimately help him/her in getting good grades.

In short student need to assess following aspects in selection of organisation for RAP.

  • Student’s own interest related to overall business of the organisation;
  • Accessibility of information from primary sources (extremely important in topic 13);
  • Accessibility of information from secondary sources;
  • Knowledge of overall operations of the organisation (extremely important in topic 13);
  • Knowledge of overall associated sector of the organisation;
  • Availability of time from concerned officials of selected organisation (extremely important in topic 13);
  • Basic idea of requirements of selected topic and their applications on proposed organisation in inception of RAP.

*Feedback from project mentor is essential to get good grades in RAP.

Suggested approach for this topic:

Under this topic, student must plan properly from inception so that he/she can complete all tasks effectively in proper manners. First of all, student must  gain excellent understanding of major requirements of this topic and he/she need to critically assess all aspects of requirement by defining detailed strategy.  Student need to assess that what process that he/she actually follow to meet all requirements that only possible through detailed planning in inception of RAP.

Student need to  prepare overall content of RAP under topic 13 that describes logical sequence of all tasks that need to adhere by the student. This content will also help student to keep on right track from inception and at the same time student can also assess time factor against planned vs. actual tasks through considering his allocated time for complete preparation of RAP.

After finalization of overall content of RAP under topic 13, student need to start working logically from gathering of information as per requirement of topic. Student need to assess all gathered information very critically through consultation from mentor. Mentor feedback on key areas of RAP is very essential so student should share his/her thoughts with project mentor regularly to get efficient guidance in time accordingly.

In short, there is no 100% suggested approach for topic 13 as keeping broader level approach (described above) , detailed approach under topic 13 varies due to student’s perception that he conceived from requirements of the topic along with available information of selected organisation. Whatever, the approach you will follow , keep getting guidance from project mentor at every step so that you can meet all requirements of topic and get good grades.

*Feedback from project mentor is essential to get good grades in RAP.

Availability of Information:

Student have to complete his/her RAP based on provision of information directly from management of the organisation (i.e. primary sources of information) along with vast information available through different mediums (internet, newspaper, books, etc.) under secondary sources of information.  Availability of information from primary sources under topic number 13 is very essential as this topic cannot complete at all without getting specific information of the selected organisation. Student need to ensure that he has access of vast information from management of the selected organisation and there is no confidentiality concerns by them as well.

In short, student need to assess very critically before opting this topic for RAP as all requirements of this topic only meet if student have enough information about selected organisation. If there is any doubt on provision of required information during perpetration of RAP then student should not select this topic for RAP as it impact on overall evaluation of information and overall grades of RAP.

*Feedback from project mentor is essential to get good grades in RAP.

Important Links:

Business Analysis Section of RAP

Reference Generator Link

Others


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