Week Five Notes - Week Five Lesson During the past few years economic downturns industry crises bank failures closing of plants and stores changes in

Week Five Notes - Week Five Lesson During the past few...

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Week Five Lesson During the past few years, economic downturns, industry crises, bank failures, closing of plants and stores, changes in global operations, and other factors have significantly affected organizations, managers, and Human Resource (HR) management professionals. For HR and other executives, these changes have led to decisions about layoffs, reductions in work hours, and cuts or elimination of some employee benefits. HR is facing a different world because of these problems. Other issues have created different workforce strategies as well. A recent survey found that the highest-demand jobs include jobs like registered nurse, elementary and secondary school teacher, accountant and auditor, general and operations manager, network software engineer, and jobs that contain significant professional responsibilities. The increased demand for these jobs has been caused by economic shifts in staffing that have affected manufacturing, retail, and other industries.
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  • Spring '14
  • Management, Core competency, organizational core competency

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