HRM3701 Assignment 1 COMPLETE ANSWERS) Semester 2 2024 (585848) - DUE 26 August 2024
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Course
HRM3701 Assignment 1 COMPLETE ANSWERS) Semester 2
Institution
University Of South Africa
HRM3701 Assignment 1 COMPLETE ANSWERS) Semester 2 2024 (585848) - DUE 26 August 2024 ; 100% TRUSTED Complete, trusted solutions and explanations. For assistance, Whats-App
Operational context NOVA Economics is a specialist economic and development consulting firm which employs 120 people, the c...
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, HRM3701 Assignment 1 COMPLETE ANSWERS)
Semester 2 2024 (585848) - DUE 26 August 2024 ;
100% TRUSTED Complete, trusted solutions and
explanations. For assistance, Whats-App
Operational context NOVA Economics is a specialist economic
and development consulting firm which employs 120 people, the
consultants are all economists, financial analysts and computer
scientists. Most of the staff are between their 30s and mid-40s
many with master’s degrees and some with PhDs. Founded in
2002, NOVA Economics provides clients with the in-depth
expertise and analysis necessary to make the right choices. The
consultants combine a deep understanding of the Southern
African business and policy context with specialist skills in
international trade, public policy and regulation, competition
economics and climate change. The work is very technical,
involving large amounts of data analysis. Where NOVA
Economics does not have specialist skills in-house, the consulting
firm was able to draw on a network of local experts and
academics as well as their strategic business partners in Australia
and Europe. Before lockdown, staff were used to remote
videoconferencing with clients, and company policy allowed
working from home one day a week, but this wasn’t particularly
commonplace. The Managing Director Yash Ramkolowan
commented that ‘even if once a week someone would work from
home, the rest of the team would be in the office, so it did have
the feeling that most people were in the office most of the time.’ In
terms of flexible hours, there was already a culture of flexing the
start and end of the day, both for work–life balance needs and to
enable meetings with “THEIR” clients in different time zones.
While some staff made use of this, many also worked traditional
office hours, and core hours of 11.00 to 15.00 were in place. The
type of knowledge work done by NOVA Economics could hardly
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