1.Review a business article discussing a problem that a company is facing.
2.Public companies with financial documents listed on the web are always easier for your analysis.
3.Identify in a concise problem statement the business (not HR) problem.
4.Analyze the problem -including the cost of doing nothing -to get the boss’s attention.
5.What line of the income statement does the problem impact?
6.What HR intervention are you recommending?
7.Make financial assumptions to calculate the R.O.I of your HR invention using the ROI formula in the text book. 8.The answer to step 7 is the lagging indicator. What is the leading HR indicator you want to correlate to your lagging indicator in step 7.
9.Do a pro forma income statement next to the actual income statement. 10.What is the percentage change in profit that you are forecasting?