Analysis & Recommendations: Youth Employment Initiative Strategy

This report provides a strategic analysis of the Youth Employment Initiative (YEI) implemented by the UK government, focusing on its impact on employment activities and organizational strategies. It evaluates the internal and external environments influencing the YEI's success, including legal compliance, employee relationships, innovation, and financial conditions. The report reflects on the implementation of the YEI in Bath, highlighting its positive impact on unemployment rates compared to national statistics. Recommendations are provided for effective implementation, resource allocation, and budget flexibility. The analysis considers the advantages and limitations of using secondary data sources, emphasizing validity and potential biases. The report concludes that the YEI has positively impacted the standard of living and purchasing power of citizens in Bath, contributing to the national GDP.

BUSINESS ORGANISATION STRATEGY
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Executive Summary
The assignment is concerned with conceiving an analytical deduction of findings, with the
evaluation of the process and the strategic design with the implementation in the current context.
The assignment takes in consideration how the different policies executed by the governmental
bodies will influence the functioning of the bodies associated and in the same vicinity. The
assignment concludes with giving a reflective report with detailed introductions, which will be
ensuring the success the strategic implementation for the councils. The recommendations
provided for in the business report will also take in considerations the advantages and the
limitations of the analysis, which would enable the reader to grasp the nuance and the
discrepancies, associated with the strategic implementation.
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Table of Contents
Introduction......................................................................................................................................4
Main Analysis..................................................................................................................................5
Brief overview about Youth Employment Initiative by UK Government......................................5
Analysis of the internal and external environment..........................................................................6
The impact of these factors on the potential success of the strategy...............................................8
Reflection on the implementation and recommendations...............................................................9
Advantages and limitations of the analysis...................................................................................10
Conclusion.....................................................................................................................................11
Reference List................................................................................................................................12
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Introduction
This alignment is concerned with conceiving a strategy in the present context. The aim of the
assignment will be to apply academic aspects, statistics, references and academic works in order
to ascertain a credible perspective to the assignment. The assignment is a business report on the
strategic making process employed by the local government of UK in case of employment
activities of different business organisations. The organisational strategy is the cumulative sum
of actions taken by a particular organisation in order to accomplish the long terms goals. The
government of UK takes various initiatives and formulates different policies in order to support
the employment activities and the rights of the employees, employers and the young aspirants of
the country. As being a strategy analyst at Accenture, it can be concluded that Accenture has
elucidated the directives in order to ensure that the company progress is uniform and conducted
with methodological rigor, enabling the business to serve the clients with unmatched services in
digital, operations and technology. The report covers details about how the Youth Employment
Initiative and its strategies help different organisations.
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Main Analysis
Strategy is defined as the well devised and formulated plan of action, which outlines the
necessary directives of the organisation and aligns with the core values and the purpose of the
business, effectively functioning as a roadmap, in order to arrive at a more sustained and
competitive growth which would ensure the company profitability (Chakravarty et al., 2016).
Accenture provides the clients with an efficient approach of providing the clients competent
consultancy and delivering “transformational outcomes for a demanding new world”,
revolutionising the dynamics with “focus on business” and “fuelled by technology”.
Brief overview about Youth Employment Initiative by UK Government
The Youth Employment Initiative was introduced in 2013, as a reform initiative by European
Union with the aim of elevating the standard of living in the impoverished sections of the society
by providing employment opportunities, is categorised as one of the primary financial resources
of EU. It was formulated to enable the implementation and to support of the Youth Guarantees
Scheme (O’Reilly et al., 2015). The aim of the compilation was to support and to enable the
youth who were suffering from unemployment, particularly the regions where the youth
unemployment rates was greater than 25% in 2016.
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78.40%
76.70%
64.80%
11.70% 3.20%
Employement rates in Bath and North East
Somerset
Economically Active
In Employment
Employees
Self Employed
Unemployed
Table 1: Employment Rates in Bath and North East Somerset
(Source: Nomisweb.co.uk. 2018)
The Youth Employment Initiative (YEI) is responsible for exclusively supporting the youths who
are currently Not in Education, Employment or Training (NEET). The YEI is responsible for
implementation of the schemes pertaining to the Youth Guarantees. The collaboration with the
different partners in conceiving bids and projects in order to sustain the scheme is common. The
different provisions of the YEI scheme have been illustrated in the figure below.
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Figure 3: Provisions of YEI
(Source: Created by the Learner)
Analysis of the internal and external environment
Given below is the analysis of the internal environment and external environment that
contributes towards the success of the chosen strategy, which is YEI. Internal environment
- Legal Compliance
The YEI was implemented by the different subsets of the governing bodies with considering the
different legal obligations, the Equality Act of 2010 stipulated that no individual will be treated
differently, irrespective of their affiliations, colour, creed and religions. The YEI approach that
was taken by the governing bodies of the local Council of Bath, did take in consideration the
Equality Act and the other acts such as the National Minimum Wage Act of 1998, Employment
Rights Act of 1996 and the Working Time Regulation Act of 1998. This helped ensued that the
individuals enlisted for employment by the different agencies were accorded the proper ethical
and moral framework to function (Atkinson et al., 2017).
- Enhancing Employee Relationship
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The schemes implemented by the different agencies which function with adherence to the
narrative, took in consideration the need to conceive and sustain a healthy and holistic
development of the society. The employee relationships has rendered a competitive advantage to
the organisations and enabled the organisation to function with an employee-oriented
mannerism.
- Organisational Reputation
With the inclusion of young, vibrant and dynamic workforce, comprising of young employees,
the organisation reputation has propelled to massive degree. The onus has been to recruit work
force that are capable and equally trained with the specific skill set, ensuring that the balance in
between the resources and the capabilities are upheld (O’Reilly et al., 2015).
External environment
 Innovation
The need for innovation, with the market dynamics in contextual background, has enabled the
organisation to satiate the market demands and adapt to the specifics of the narratives. The
organisational workforce, recruited by the YEI scheme has brought forth a holistic development,
which has mitigated the issues originating in the structure with efficiency.
 Better Financial Condition
Providing jobs to the unemployed has effectively upgraded the standard of living of the
concerned sections of the society, minimising the different parameters, which affect the
economic development of a region. As stated by Bath’s Member of Parliament, the liberal
method employed has withstood the different issues plaguing the employment sector with a
flexible and credible methodology, delivering equal opportunities and protecting the vulnerable
from exploitation.
 Encouraging young generation to work
The younger generation are more motivated to work and thus contribute to the national GDP.
The number of people who were enrolled in the Job seekers allowances has dropped to 527 and
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the people claiming universal credit is down to 260 people. The Office of nationals statistics
(ONS) show that the recent negative trend in unemployment has reduced to mere 6%. The
younger generation are functioning with the motivation of being able to afford and accord the
appropriate standard of living (Petrosino et al., 2017).
The impact of these factors on the potential success of the strategy
The citizens readily comply with the directives, the parameters have been adhered with the
different functioning resource, and capabilities attributes which mediate the success of a firm or
business The enhanced employee relationship, coupled with a vibrant and dynamic workforce,
has led to a competitive advantage. The onus has been on recruitment people gauging on their
capabilities and their skill sets. The organisational reputation has also seen an incremental trend
with the recruitment of the unemployed. The providing of jobs to the unemployed has
contributed massive to the impoverished sections of the society effectively helping them to
sustain their livelihood in a more efficient manner and thus helping in contributing to the
national GDP. The purchasing parity of the individuals has also seen an enhancement with the
inclusion of more and more individuals in the employed quota. The younger generation are more
motivated considering their jobs are guaranteed with the YEI (O’Reilly et al., 2015).
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Reflection on the implementation and recommendations
Economically active
In Employment
Employees
Self employed
Unemployed
0.00%
10.00%
20.00%
30.00%
40.00%
50.00%
60.00%
70.00%
80.00%
Bath
Great Britain
75.70% 73.80%
62.40%
11.20%
2.30%
78.40%
74.90%
64.00%
10.60%
4.40%
Bath
Great Britain
Table 2: Employment rates in Bath and Great Britain
(Source: Nomisweb.co.uk. 2018)
As evident from the Line Graph above, the statistics considering the different employment rates
in Bath have seen increment, which subsequently provided an impetus to the employment and
the unemployment rates of Great Britain. With the inclusion of YEI schemes in Bath, the
unemployment rates has plummeted to 2.30% compare to the national statistics of 4.4%. The
effectiveness is measured with the standard ESIF (European Structural and Investment Fund)
report, with the member states included under YEI submitting annual reports on the result
indicators and the specific output. The Bath council submits the structured report to the
consolidated body, which include the operational implementation and additional information
pertaining to YEI. The report assessed by the commission states “significant measures are
mobilised and the youth are receiving support and the services” and “approaches being built on
individual assessment of the youth followed by customized tailored services.”
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The organisation should focus on the proper implementation and there should be no delay in
execution. The funding should be appropriated and the resources should be allocated with
deficiency. The budget should be flexible and the options should be clarified which would enable
better implementation.
Advantages and limitations of the analysis
Advantages
Validity and reliability
The validity and the reliability of the secondary source analysis are of utmost degree considering
the resources often pertain to the official sources. The scope and the depth of discussion are very
intricate which helps in analysing the content with better efficacy.
Time Efficient
The data compilation is conducted in a time efficient process since the sources are categorised in
the same place. The presence of relevant data in the same place helps in minimising the time
consumption.
Ease of Access
The data for the different statistics and other aspects are available at the official sites with ease,
thus enabling the researcher to conduct the research with greater ease.
Disadvantages
Lack of Availability
The sites often are encrypted and pay for use, which acts as a hindrance to compile and
collaborate the data with the credible sources. The sources are often protected and there is a lack
of previous research thus the efficiency of the data is drastically reduced.
Biasness
The data, which are collected from the secondary sources, are often biased and thus the
credibility of the data is majorly affected. The data collected is not extensive which hinders the
compiling of data in a narrow and concise format.
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Conclusion
The impact of YEI can be analysed with the recent purchasing parity in the citizens of Bath and
the enhanced the standard of living. The potential success of the strategy has also been subjected
to a major push, which has enabled the organisation to implement their process with greater ease.
The implementation has been conducted with thorough survey of the demographics, taking in
consideration the different parameters at interplay. The assignment dealt with the various aspects
associated with the implementation of YEI in the organisational strategy. The evaluation and the
recommendation, which help, ensure that the system is functioning in adherence to the rules and
the regulations have been compiled explicitly and presented in a comprehensive manner.
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