The Technology/Manufacturing Sector – Case Study – Human Resources Assignment Help

Assignment Task

 

Scenario
The company is an garments style company. It is approximately 30 years old. A core line of products is in the decline stage of the life cycle while a new business venture is in the growth stage of the business life cycle. A third component of the company is in a regrowth stage.
You are the Human Resource Manager. You have been asked to create a forecast of the human resources needed to meet the strategic business objectives. You must consider the company demographics, industry trends, business objectives, social sensitivity and market stability and or growth. You will include a table for each sector demonstrating/showing the projected growth pattern proposed.

Exercise
Defend each of your strategies by outlining issues and/or benefits as a result of each strategy recommended.
Company Statistics

Sector 1: The Technology/Manufacturing Sector
This sector is enjoying a regrowth and represents a second core business focus within the company and includes a manufacturing component. This sector is enjoying a regrowth because of the efficiencies introduced in the manufacturing component due to technology. Skill sets are where they are needed though and the ability of the company to continue to grow is jeopardized by the lack of appropriate skills.
The demographics of the Technology/Manufacturing Sector include:
    30 men       –    median age is 50 years
    15 women  –     median age is 45 years
    Skill level    –    Moderately high and changing due to the introduction of technology into the manufacturing environment.
    Average turnover: 10% per year