Ripple Inc Strategic Goals and Recommendations Analysis
Description
Q1. What is executed well
Q2.Areas for improvement
company web.https://ripple.com/?c1=GAW_SE_NW&source=US_BRND&cr…
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What is executed well
Areas for improvement
Ripple is excellent at communicating their
company culture and DEI initiatives. Ripple
states that they å are committed to
creating an environment where no matter
what race, ethnicity, gender, origin or
culture our employees come from, they are
a respected, valued and empowered part of
the team. Together, we embrace each otherÊunique perspectives and experiences to
build better products that best serve our
global customers and communities.lthough Ripple communicates about their
DEI efforts, they are lacking to show this in
their recruiting practices. Their current
workforce is 75.6% White, 11.1% Black,
6.7% Latino, 4.4% Asian, and 2.2%
Unknown. Additionally, the percentage of
campus recruiting is very low – only 3%. If
recruiting from already diverse colleges,
this will boost our initiative and DEI efforts.
Also, 43% of interviewees have a negative
experience. This has a negative impact on
employer brand and in turn recruiting.
Need more info here (selection)
Need more info here (selection)
Need more info here (onboarding)
Need more info here (onboarding)
Strategic Goals/Recommendations
1. Articulate one high level Strategic Goal for your HR practice you are analyzing. Make a
clear connection to the overall strategy of the organization. Reference the readings as
well as other research conducted to support your goal.
2. Discuss how the Strategic Goal addresses the areas for improvement identified in your
analyses.
3. Develop 3 tactical goals for your strategic goal using SMART criteria: Specific,
Measurable, Attainable, Realistic, Timebound.
4. Provide appropriate citations with footnotes
Strategic Goal: Recruitment, Selection, & Onboarding
? Our strategic goal is to increase our DEI efforts and minority representation in all areas of the
company, including leadership roles
Opportunities for Improvement Being Addressed (should be the same as above):
? List the areas that are being addressed by your strategic goal
? Campus recruiting can be increased from already diverse colleges.
? Xxx
? xxx
Strategic Goal for Recruitment, Selection, and Onboarding: Articulate the Strategic
Goal here.
Explain and discuss the rationale for your strategic goal here.
Tactical Goal #1: Articulate your first tactical goal here. Explain and discuss the
rationale for your tactical goal here. Our first tactical goal is to increase campus recruiting by
+5% by the end of 2023. To accomplish this attainable goal, we will utilize social media
blasts, campus events and job fairs.
Tactical Goal #2: Articulate your second tactical goal here. Explain and discuss
the rationale for your tactical goal here.
Tactical Goal #3: Articulate your third tactical goal here. Explain and discuss the
rationale for your tactical goal here.
Business Case and Value Proposition
1. Discuss the value proposition and include a table with costs for recommendations,
and calculation for ROI (return on investment) one for your set of
recommendations.
2. Articulate the business case to demonstrate how the strategic goals support the
overall strategic direction of the business and discussed how achieving those goals
will give the organization a competitive advantage through the people in the
organization.
3. Provide appropriate citations with footnotes
Strategic Goal #1: Recruitment, Selection, & Onboarding
?
Opportunities for Improvement Being Addressed:
? From Above
Tactical Goals
(SMART criteria)
? We will increase
Campus recruiting by 5%
by the end of 2023. Our
current is 3% and will get
to 8%. By recruiting from
already diverse
universities, this will help
our DEI initiative for our
strategic goal.
Resources Required
for Implementation
?
1. Ex. Will do this by
this date
Specific
Measureable
Attainable
Relevant
Timebound
?
2.
?
Costs for
Implementation $$
We will need
to utilize a
total of 36
Ripple
employees to
host 5 different
events as well
as a social
media blast
which will take
one person 12
hours to
advertise these
events
?
What is needed
in order for
this goal to be
accomplishes °eople,
software, etc,
?
The total costs
for these
events will be
$6,223.68
(See figure 1
in appendix)
ROI
ROI Calculation for
Strategic Goal
(Change in
Organization Level
Outcome Minus the
Cost of Your
Recomendations
Divided by the Cost
of Your
Cost for the
resources
required
Recommendations
?
Total $
Total ROI %
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