Oil Company You are required to critically assess the current business model for an organisation of your choice to thereby propose changes for future business sustainability. Your proposals will require a well-considered review of the resultant human capital management implications which must be attended to. Your specific tasks, within a word limit of 4000 words, will be to: 1. Outline in a background statement the industry, company and competitive market contexts. 2. Complete a critical analysis of the organisation's existing business model to identify key strategic weaknesses in relation to their current competitive business position. 3.Propose justified modifications to this business model as deemed appropriate for future business sustainability. 4.Explain the consequential changes that will be required to organisation structure, operational processes, information technologies and human capital resourcing 5.Consider the human capital management changes that will be required during the transitioning period with detailed attention being given to: 5.1 the nature of the changes required 5.2 how these changes will be introduced, monitored and evaluated 5.3 the anticipated impact upon staff morale. 6. Academic protocols in accordance with the Harvard referencing system will be expected through the assignment. This assignment is designed to integrate the two parts of the module into one assignment to achieve a well reasoned flow though as an incremental process of business / organizational development. Task 1 The student must set the context for the assignment with a focus upon the competitive market position together with the challenges faced. This provides a sound platform from which to proceed. 10 marks Task 2 Based upon task 1 weaknesses in the current business model must be highlighted to indicate and then priorities inadequacies for action in relation to the current and anticipated future market landscape 20 marks Task 3 Based upon task 2 corrective action is needed.it doesn't follow that all elements of the business model will need attention ,otherwise a new business will be created.Focus must be given only to areas within the business model which need attention so that the required corrective action can be justified. 20 marks Task 4 The consequences of the corrective actions outlined in task 3 must now be considered in terms of the following perspectives: Organisation structure Operational Processes Information Technology Human Capital Students need to demonstrate the impact of the needed change. 20 marks Task 5 This final step is designed to consider the proposals for change which are now essential to accomplish the change agenda The focus must be upon HOW to achieve planned change over time with respect given to staff sensitivities 20 marks Throughout this assignment application of models as well as academic frameworks for thinking is expected. Task 6 Harvard referencing protocols must be applied throughout 10 marks