Assignment 1 Front Sheet: Qualification BTEC Level 4 HND Diploma in Business
Assignment 1 Front Sheet: Qualification BTEC Level 4 HND Diploma in Business
Assignment 1 Front Sheet: Qualification BTEC Level 4 HND Diploma in Business
Student declaration
I certify that the assignment submission is entirely my own work and I fully understand the consequences of plagiarism. I understand that
making a false declaration is a form of malpractice.
Student’s signature
Grading grid
P1 P2 P3 M1 M2 M3 D1
1
Summative Feedback: Resubmission Feedback:
2
Table of Contents
A. Introduction ................................................................................................................................. 4
B. Analysis ........................................................................................................................................ 4
1. Introduction about Deloitte ....................................................................................................... 4
2. Human Resource Management Strategy .................................................................................... 5
a. Industrial Characteristic of Deloitte ........................................................................................ 5
b. Deloitte’s Human Resource Management Strategy ................................................................. 5
c. Interrelationship between Industrial Characteristics, Business Objectives, and Human
Resource Management strategy .................................................................................................... 6
3. Deloitte’s Digital Business Transformation ................................................................................. 7
a. Digital Business Transformation of Deloitte ............................................................................ 7
b. Relationship between Deloitte’s Digital Business Transformation and its Human Resource
Management changes ................................................................................................................... 8
4. Human Resource Management Practices ................................................................................... 9
a. Employer Branding................................................................................................................. 9
b. Recruitment and Selection ................................................................................................... 10
c. Onboarding.......................................................................................................................... 11
C. Conclusion .................................................................................................................................. 12
References ........................................................................................................................................ 12
3
A. Introduction
This report includes a detailed analysis and assessment of Deloitte Group's human resource management
strategy and its impact on business operations and success. As a Human Resources Administrator at
Deloitte, I am primarily responsible for designing and planning the Talent Acquisition Strategy. This report
will provide specific activities on employer branding, recruitment and selection, and onboarding.
B. Analysis
4
2. Human Resource Management Strategy
a. Industrial Characteristic of Deloitte
Deloitte is composed of five segments: audit and assurance, consulting, tax and legal, risk advisory,
and financial advisory. These businesses operate in six industry sectors: consumer, energy,
resources, and industrials, financial services, government and the public sector, technology,
media, and telecommunications, and the private sector. However, Deloitte is commonly known
for its audit and assurance services, which belong to the financial services industry (Deloitte,
2021).
Financial services industry comprises of several characteristics: Financial services are usually
customer-focused and provided based on the customer's needs; Financial services are intangible
in nature; Human factor dominates financial services; hence, experienced and skilled employees
are required to promote high-quality financial products; Information is a critical component in the
production of financial services (Geek Tonight, 2021).
5
Performance Experience is measured by receiving qualitative and frequent feedback on
performance. Deloitte's methodology is based on ongoing strength-based conversations with
employees about their development, such as check-ins with team leaders to provide real-time
feedback on assignments and career coaching talks with a coach who supports their long-term
development. Feedback is exchanged not just among the team leader and the team member, but
also between peers and more senior colleagues. 'My Feedback' also contributes to Deloitte’s
distinctive focus on people leadership by providing their people leaders at all levels with the
regular feedback they require to improve and assist others in reaching their full potential (Deloitte,
2021).
6
3. Deloitte’s Digital Business Transformation
a. Digital Business Transformation of Deloitte
7
organizational disruption”. According to the firm, ConnectMe simplifies the Human Resource
team's workflow so that they can focus on enhancing the overall business, and employees can
obtain quick, practical solutions in a self-service environment (Sapatnekar, 2016).
b. Relationship between Deloitte’s Digital Business Transformation and its Human Resource
Management changes
The Covid-19 pandemic has had many negative impacts on business activities, slowing down
operations in businesses. Social distancing has caused many difficulties when employees
cannot access the workplace. Despite the difficulties caused by the pandemic, Deloitte has
provided an effective solution to this problem. The ConnectMe platform makes it easier for
employees to access and use Human Resource service content that is relevant to them. Built
on the Salesforce foundation, ConnectMe's advanced configuration includes content-specific
modules that meet the needs of both managers and employees. By better enabling the service
delivery model, instead of running Human Resource operations like the traditional way,
ConnectMe is able to transform the HR function and enable it to act as a “One Human
Resource” (Sapatnekar, 2016).
On the other hand, ConnectMe also helps organization to address the problem of Employee
disengagement. According to a report by The Engagement Institute, disengaged Employees can
cost companies up to $550 billion dollars annually (The Conference Board, 2017). ConnectMe
enhances Employee engagement and pleasure at work by allowing employees to connect,
collaborate, and make Human Resource decisions on-demand. ConnectMe leverages insights
to connect workers to what they need, when and when they need it. Therefore, enhancing the
company's entire business as a result (Gretczko, 2017).
8
4. Human Resource Management Practices
Proposal of Talent Acquisition Strategy
a. Employer Branding
According to a report of World’s Most Attractive Employers, Deloitte was recognized as the 5th
most attractive employers in 2020. This remarkable performance was driven by Deloitte’s
oustanding employer branding strategy to acquire more talent.
First of all, as the role of social media, mobile apps, and responsive websites in employer
branding becomes more widely recognized, Deloitte utilize a multitude of platforms and
mediums to engage new employees. Deloitte is currently active on five main social media
platforms: Deloitte Perspectives blog; Linkedln; Twitter; Youtube; and Facebook (Deloitte,
2022). One of Deloitte’s most prominent campaigns on social media is Deloitte’s
@LifeatDeloitte campaign launched on Twitter. This Twitter account demonstrates the need of
establishing a distinct employer brand that is distinct from the corporate image that the firm
may convey to consumers. This is repeated by the Life at Deloitte careers site, which is separate
from the company's main website. This feed combines updates, events, retweets, and polls,
allowing employees to express their personal opinions and share real-life experiences (Hall,
2016).
Furthermore, as one of the top experts on the future of work, Deloitte must constantly develop
their approach to employee rewards, recognition, and well-being. Deloitte has constantly
reinvented and expanded its comprehensive employee support efforts throughout the years.
One of which is the "We are Deloitte" campaign, which was initiated recently. “We are Deloitte”
initiative involces investing more than $1 billion on Deloitters, including many elements such
as: Work-from-home technology subsidy; Well-being subsidy; Concierge mental health
services; Enhanced paid time off program; compensation market analysis; and Human
connections. Deloitte is creating new ground in a variety of areas that characterize its culture,
including diversity, equity, and inclusion (DEI); professional development; physical and mental
well-being; and hybrid work. Deloitte are welcoming potential new hires who will work
alongside their valued and highly skilled existing Deloitte colleagues (Deloitte, 2022).
9
b. Recruitment and Selection
10
c. Onboarding
After successfully joining Deloitte, the candidate will go through an On-Boarding process, which
is critical to both the enablement and retention of new talent. This process ensures that the
new hire feels welcomed and connected to the firm and culture, and that they have the tools
and team support to quickly contribute in their new position. Prior to the start date, a
specialized HR New Joiners team will gather all new hires necessary information to ensure a
successful transition into the Firm. On the first day at the organization, the new employee will
meet the HR staff for breakfast. Following that, new workers will learn more about the
organization, its principles, and how it operates (Welcome Day | Deloitte Belgium, 2018). New
employees will continue to learn about the company and life at Deloitte through testimonials
from Deloitters. The new employee will then get the opportunity to network with other new
employees and others from all over the firm over lunch. Finally, each new employee meets
their D-Buddy, who will help them through their Deloitte career (Deloitte, 2022).
Every year, young Deloitte graduate new joiners get the chance to travel together for the
Induction week. During this week, new employees will have the chance to master the
fundamental skills needed to thrive in their roles. They will also work in cross-service teams to
develop a real-world business case. More importantly, it is the ideal time for children to get to
know their classmates and begin forming ties and friendships in a casual and welcoming
environment (Deloitte, 2022).
11
C. Conclusion
Deloitte is a pioneer in business consulting services and one of the Big Four in audits and assurance. The
comprehensive human resource management policies, as well as the talent strategy, have guaranteed
that Deloitte always has a sufficient number of highly skilled employees, which contributes to company
operations and strengthens Deloitte's position. The adjustment in HR strategy has also been critical to
the success of the firm's digital transformation, assisting Deloitte in overcoming the effects of the
pandemic and delivering outstanding business outcomes in challenging circumstances, confirming
Deloitte's leadership in the industry.
References
Deloitte, 2016. Deloitte Launches ConnectMe to Reinvent the Employee Experience for the Digital
Workplace. [Online]
Available at: https://www.prnewswire.com/news-releases/deloitte-launches-connectme-to-reinvent-
the-employee-experience-for-the-digital-workplace-300337702.html
[Accessed 24 June 2022].
Deloitte, 2021. Integrated Annual Report Coöperatief Deloitte U.A. 2020/2021. [Online]
Available at:
https://annualreport.deloitte.nl/FbContent.ashx/pub_1000/downloads/v210928164231/Deloitte_IAR_2
020_2021%20(full).pdf
[Accessed 12 June 2022].
12
Deloitte, 2022. Our Shared Belief. [Online]
Available at: https://www2.deloitte.com/lu/en/pages/about-deloitte/articles/culture-beliefs.html
[Accessed 12 June 2022].
Geek Tonight, 2021. What is Financial Services? Characteristics, Functions, Classification. [Online]
Available at: https://www.geektonight.com/financial-services/
[Accessed 12 June 2022].
Gretczko, M., 2017. ConnectMe, a digital workforce for employees: Interview [Interview] (29 October
2017).
Hall, B., 2016. Employer branding for millennials: 4 companies who got it right. [Online]
Available at: https://www.interactsoftware.com/blog/employer-branding-millennials/
[Accessed 26 June 2022].
13
The Conference Board, 2017. Empowered to be Engaged: New Report Unpacks the Role of Rank-and-File
Workers in Bolstering Employee Engagement. [Online]
Available at: https://www.prnewswire.com/news-releases/empowered-to-be-engaged-new-report-
unpacks-the-role-of-rank-and-file-workers-in-bolstering-employee-engagement-300416969.html
[Accessed 26 June 2022].
14