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7CO01 Work and working lives in a changing business environment

The unit 7CO01 focuses on understanding the evolving dynamics of work and employment within the changing business environment. It explores the impact of long-term and short-term developments, including globalization, technological advancements, economic trends, and demographic changes. The unit also examines how innovation, change management, and organizational ethics influence people management practices. By completing this unit, learners will develop a strategic perspective on managing workforce challenges and fostering an inclusive, sustainable, and productive work environment.

This unit is crucial for HR professionals and people management practitioners, equipping them with essential knowledge to adapt to shifts in employment trends and organizational structures. It also enhances decision-making abilities by aligning people management strategies with business sustainability, ethics, and diversity.

Unit Objectives

The primary objectives of this unit are:

• To develop an understanding of how long-term environmental developments impact employment, work, and people management.
• To assess the influence of current and short-term business environment developments on workforce strategies.
• To explore the role of innovation and change in enhancing productivity and organizational resilience.
• To examine how ethical, sustainable, and inclusive practices contribute to effective people management.

Learning Outcomes

LO1: Understand ways in which major, long-term environmental developments are affecting employment, work, and people management in organizations.

This learning outcome focuses on analyzing the impact of long-term global, economic, and demographic changes on employment and workforce strategies. Learners will explore how globalization, technological advancements, and economic shifts shape organizational structures and people management. Additionally, they will critically evaluate the role of social and demographic trends in influencing workforce planning and employment strategies. By mastering this outcome, learners will develop a comprehensive understanding of the evolving employment landscape and its implications for HR practices.

LO2: Understand current and short-term developments in the people management business environment.

This outcome enables learners to assess recent trends and emerging challenges affecting workforce management. It includes evaluating the significance of media, technology, and economic changes in shaping people management strategies. Learners will critically analyze labor market trends, public policy shifts, and legal developments influencing employment practices. By attaining this outcome, learners will enhance their ability to adapt HR strategies in response to rapid business and regulatory changes.

LO3: Understand how change, innovation, and creativity can promote improvements in organizational productivity.

This learning outcome emphasizes the importance of managing change and fostering innovation to enhance organizational resilience. Learners will explore leadership strategies for driving change, methods to overcome resistance, and the role of flexible working arrangements in improving productivity. Additionally, they will assess how people management practices contribute to fostering a culture of innovation and continuous improvement. By mastering this outcome, learners will gain strategic insights into enhancing organizational adaptability and performance.

LO4: Understand the key interrelationships between organizational commitment to ethics, sustainability, diversity, and wellbeing.

TThis outcome focuses on the critical role of ethical, sustainable, and inclusive practices in shaping effective people management. Learners will evaluate strategies for improving organizational ethics, enhancing employee wellbeing, and implementing corporate social responsibility initiatives. Additionally, they will analyze the significance of diversity and inclusion in fostering a positive and equitable work environment. By attaining this outcome, learners will develop the ability to align HR strategies with ethical, social, and sustainability goals.

Assessment Criteria

The assessment criteria for this unit align with the learning outcomes and provide a structured evaluation framework:

LO1: Understand ways in which major, long-term environmental developments are affecting employment, work, and people management in organizations.

• 1.1 Assess globalization and its long-term significance for work and employment. 
• 1.2 Critically evaluate the current and possible future impact of technological trends on working life. 
• 1.3 Evaluate the impact of long-term social and demographic trends for work and employment. 
• 1.4 Appraise the significance of long-term economic trends for work, employment, and management practice in organizations.

LO2: Understand current and short-term developments in the people management business environment.

• 2.1 Evaluate current developments in the media, technological, and economic environments and their significance for people management. 
• 2.2 Assess developments in public policy which are affecting work, employment, and people management in organizations. 
• 2.3 Analyze major legal and regulatory developments in employment and the labor market, including the importance of mitigating risk. 
• 2.4 Critically discuss current labor market trends in the supply of and demand for skills.

LO3: Understand how change, innovation, and creativity can promote improvements in organizational productivity.

• 3.1 Analyze the effective management and leadership of change in organizations from a people management perspective. 
• 3.2 Examine ways that organizations address resistance to change and recognize the levers that will achieve and sustain change. 
• 3.3 Evaluate theory and practice in the fields of flexible working and organizational resilience. 
• 3.4 Assess the contribution of people management aimed at improving organizational productivity, creativity, and innovation.

LO4: Understand the key interrelationships between organizational commitment to ethics, sustainability, diversity, and wellbeing.

• 4.1 Propose initiatives aimed at improving an organization’s ethics and values. 
• 4.2 Evaluate policy and practice aimed at improving employee wellbeing in an organization. 
• 4.3 Critically evaluate theory and practice in the fields of corporate social responsibility and sustainable management practices. 
• 4.4 Critically discuss how the effective promotion of greater equality, diversity, and inclusion in organizations supports people practice.

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