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CMI Assignment Help > Blog > CMI Level 5 > CMI 512 Assignment Example

CMI 512 Assignment Example

  • November 21, 2024
  • Posted by: Scarlett
  • Category: CMI Level 5
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CMI 512 Assignment Example

Every organisation needs skilled people with the right behaviours to help them reach their goals. In competitive settings, finding the right people for the right roles at the right time remains challenging.

Assessment Questions

LO1 Understand the rationale for workforce planning

AC 1.1 Analyse the rationale for workforce planning within organisations

Example

Organisations need to plan for future workforce needs for several reasons, including:

  • Ensuring they have the right skills and talent to meet business goals
  • Adapting to changes in the economy
  • Keeping up with advancements in technology
  • Addressing demographic shifts, like an ageing population

To build an effective workforce strategy, organisations must be aware of these factors.

AC 1.2 Assess challenges which influence workforce planning Example Workforce planning faces several challenges, including: Economic changes – Shifts in the economy can affect demand for certain skills. For instance, in a downturn, demand for luxury goods may drop, reducing the need for skilled roles like designers and marketers. Technological changes – New technologies, like AI and robotics, can change the skills needed for jobs. Some tasks previously done by people may no longer require human workers, reducing demand for

ng demand for roles like manual labourers. Demographic factors – An ageing population can impact workforce availability. For example, as the population ages, there may be fewer people to fill physically demanding roles in fields like construction and healthcare. LO2 Understand the principles and practices of workforce planning AC 2.1 Evaluate the use of theoretical models in workforce planning Example Several theoretical models can be used in workforce planning, including: Demand-supply model – This model forecasts future labour demand and supply, helping to spot any imbalances between them. Business case model – This model evaluates the costs and benefits of workforce planning, providing justification for decision-makers. Skills gap model – This model compares the skills needed for certain jobs with the skills available, highlighting any gaps. AC 2.2 Examine the use of data and information to determine human resource need Example Various data sources can help determine human resource needs, including: Organisational data – Information on the current workforce, such as skills and experience levels. External data – Information from sources like the labour market and government statistics. AC 2.3 Examine the impact of organisational objectives on flexible employment practices Example An organisation’s goal is to provide goods or services that meet customer needs. To do this, it needs the right mix of skilled and...

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