You have been invited as a consultant to Evergreen IT Parks Co., a company that sets up IT parks in various cities. The company has already set up four IT parks in Chennai, Hyderabad, Bangalore, and Noida. As business demands are growing, the company directors wish to proceed in a very consolidated manner. They have hired your services to set up the competency framework for the organization, which presently has 450 employees, across grades. You have been offered a handsome remuneration for this assignment. Justify what you will do and explain all the deliverables that they expect from you.
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You have been invited as a consultant to Evergreen IT Parks Co., a company that sets up IT parks in various cities. The company has already set up four IT parks in Chennai, Hyderabad, Bangalore, and Noida.
As business demands are growing, the company directors wish to proceed in a very consolidated manner. They have hired your services to set up the competency framework for the organization, which presently has 450 employees, across grades.
You have been offered a handsome remuneration for this assignment.
Justify what you will do and explain all the deliverables that they expect from you.
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- Mr. Shyam Prakash has joined in a multinational company as a General Manager. The companyrecently entered into mergers and acquisitions with another reputed Japanese company. Half of hisemployees are thereby rendered obsolete due to advanced methodologies that the new companybrings forth. This situation leaves Mr. Shyam Prakash in a dilemma and has to take a number ofdecisions to that effect.(a). Apply your knowledge, creative thinking and experience to assist Mr. Shyam Prakash tomanage the difficult situationbuild on the concepts of development and succession planning by identifying potential development gaps and creating an outline for a development program. Begin by clarifying the role of “development” and its importance in overall organizational strategy. Then: Identify skill/development gaps, including the process used to identify them Outline a development program, including how it will be delivered, audience, projected costs, etc. Determine how the effectiveness of the program, as well as Return on Investment (ROI) would be measured. As you develop these aspects of the project, keep in mind the impact of development on the culture of the organization.You are required to conduct a literature search and discussion in this assignment.You are to choose a peer reviewed journal article (from any country) on the: -Use of Budgeting as a management technique for managing resources.The article should be published between 2010 – 2020. Choose your article only after you have accessed several relevant articles, and then choose the best articles that will answer the assignment question below.Required: Critically evaluate the relevance and challenges of budgeting systems by answering the 5 questions below:Questions:1. Briefly discuss the budgeting process. 2. Based on your selected journal article, discuss citing examples whether the budgeting process satisfies the purpose of planning, controlling and evaluating performance. 3. The two widely used practices in preparing budgets are ‘top down’ budgeting and ‘bottom up’ budgeting. Identify and explain the practice adopted by the organisation discussed in your selected journal article and further…