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HRD4801 ASSIGNMENT 2 2025 GENERIC ESSAY ANSWER

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HRD4801 ASSIGNMENT 2 2025 GENERIC ESSAY ANSWER

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HRD4801 2025 ASSIGNMENT 2 2025 HRD4801 2025




DISCLAIMER

THE DOCUMENT PRESENTED IS A DEMOSTRATION ON HOW STUDENTS CAN
APPROACH THE ASSIGNMENT FOR HRD4801. IT IS BASED ON PRESCRIBED
MATERIAL AND EXTERNAL RESEARCH. THE DOCUMENT CONTAINS BOTH SHORT
NOTES AND A RESPONSE EXAMPLE FOR EACH QUESTION. STUDENTS ARE
THEREFORE ADVISED NOT TO COPY AND PASTE BUT USE THE DOCUMENT AS A
RESEARCH GUIDE THAT WOULD HELP THEM DRAFT THEIR OWN FINAL COPIES.

,HRD4801 2025 ASSIGNMENT 2 2025 HRD4801 2025



Table of Contents
QUESTION 1 ............................................................................................................ 3

QUESTION 2 ............................................................................................................ 5

QUESTION 3 ............................................................................................................ 7

QUESTION 4 ............................................................................................................ 9

QUESTION 5 .......................................................................................................... 13

References ........................................................................................................... 16

, HRD4801 2025 ASSIGNMENT 2 2025 HRD4801 2025

QUESTION 1

Bakang Holdings, a South African company, is planning to align its operations
with the King IV Report on Corporate Governance. As part of the process, the
Human Resource Department (HRD) department has been asked to support the
transition. Senior management has requested HRD to review its current
practices and determine how it can contribute to the key principles of King IV.
Discuss the implications that the King IV Report will have for HRD specifically.
You will receive a maximum of five marks for identifying the implications and
five marks for adequately explaining their relevance. (10)

The King IV Report on Corporate Governance presents several significant implications
for the Human Resource Department (HRD) at Bakang Holdings, guiding it towards a
more strategic and integral role in the company's overall governance.

Key Implications and Their Relevance for HRD:

Elevated Strategic Alignment and Value Creation: King IV emphasizes that
corporate governance should focus on value-creation and the achievement of
strategic goals, moving beyond mere compliance (Ludwig & Sassen, 2022). For
HRD, this means actively ensuring that its strategy and initiatives are directly aligned
with Bakang Holdings' overall business objectives. HRD activities should
demonstrably contribute to the organization's economic, social, and environmental
sustainability, known as the triple bottom line. HRD must justify its resource allocation
by showing its impact on organizational performance indicators like productivity,
quality, costs, and market share.

Enhanced Governance of Human Capital and People Risks: King IV underscores
the importance of human capital as a latent potential value for a company. While
SABPP noted concerns that King IV "downscaled" the importance of human capital
compared to King III, HRD must proactively elevate its focus (Mkhize & Parumasur,
2022). This includes conducting comprehensive people risk analyses, identifying
and managing risks like excessive absenteeism or low morale that significantly impact
performance and service delivery. HRD should ensure that "people risks" are factored
into major business decisions.0717513144

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