Human Resource Plan.docx - Objectives � To create a human resources plan for the downsizing up-sizing and right-sizing of an organization � To identify

Human Resource Plan.docx - Objectives � To create a human...

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Objectives · To create a human resources plan for the downsizing, up-sizing and right-sizing of an organization · To identify critical issues in the planning process Scenario The company is an Analyzer style company. It is approximately 50 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 following; 1. company demographics, 2. industry trends, 3. business objectives, 4. social sensitivity and 5. 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.
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