I’m studying and need help with a Management question to help me learn.
Hello, please see the below:
Access the HRManagement simulation using your ID and password via the Interpretive Simulation - HR Management button on the Course Menu.
Reference the HRManagement’s: The Human Resource Management Simulation [Student Guide] as needed.
Quarter 1 of Year One in the Simulation.
Download the HRManagement Staffing Worksheet . You will need two copies of the Staffing Worksheet. The Staffing Worksheet is to be completed for each quarter: Quarter 1 and Quarter 2. Note: Complete the worksheet PRIOR to inputting your staffing decisions in the HR simulation. (Refer to the Staffing instructions below.) Your staffing worksheets are to be submitted as part of the complete Dropbox assignment for this workshop.
Download the HRManagement Budget Planning Form . You will need two copies of the Budget Planning Form. The Budget Planning Form is to be completed for each quarter: Quarter 1 and Quarter 2. Your budget forms are to be submitted as part of the complete Dropbox assignment for this workshop.
Analyze your company’s current situation by reviewing the case study. Note that while instructions are provided here to help guide your quarterly progress in the simulation, the case study instructions are the best source for particular details of the program elements not fully disclosed here due to space limitations.
Review your goals for your hotel in light of the information provided in each of the reports in the Reports menu located on the left side of the screen in the simulation (i.e., Dashboard, Staffing, Demographics, Compensation, Production, Performance, and Budget sections).
Review the Environment menu >>Newsletter section (located on the left side of the screen in the simulation) to obtain the most recent newsletter highlighting the internal and external environmental scanning updates (e.g., internal production projections and external industry wage averages).
Review the details in the Reports menu >> Budget section (located in the Reports menu on the left side of the screen in the simulation) and plan accordingly—noting there are four quarters in the year and that some decisions made in one quarter will have a carryover effect in future quarters. Refer to the case study details in the Student Guide for how decisions impact your budget in the current and future periods (quarters and years).