Stratford University Southwest Airline Business Competitive Strategy Paper
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Investigate HR policies to prevent or mitigate loss and ensure business continuity.
This includes investigating policies and issues surrounding:
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- Personnel risk (fraud and error), Physical assets (business environments), Relationships (lawsuits), External/regulatory (external fraud)
- Watch Human Resource Fundamentals (Lynda)
- Review FMLA Essentials (LIRN)
- Investigate compensation laws, including types of employees, primary
duty, executive exemption, administrative exemption, professional exemption, computer employee, and sales employee. Social Security, unemployment insurance, workers compensation
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- http://www.dol.gov/dol/topic/ (provides list of links for multiple areas of compensation)
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- Investigate child labor laws. While these will often vary in other countries, many companies follow their home country policy unless it is less restrictive.
- What are the laws surrounding equal pay and minimum wage? What happens when you do business or open a branch of the company overseas?
- Retirement Equity Act and COBRA
- Medical Insurance, Medicare, and ACA
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2. Create Napkin Pitches
This will allow you a quick way to summarize the new concepts and communicate it consistently to stakeholders. (See Step 10 for detailed directions)
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- Choose one of you concepts and lay it out as a napkin pitch
- Watch Communicating with Confidence (Lynda)
- Watch Giving an Elevator Pitch (Lynda)
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