Question: Follow the listed steps below to complete your assignment: Read the article entitled, Who Is Driving the Great Resignation? Read the article, Americans Can Expect
Follow the listed steps below to complete your assignment:
Read the article entitled, Who Is Driving the Great Resignation?
Read the article, Americans Can Expect Bigger Raises Next Year, Despite a Looming Recession
Read the article, The Big Questions Facing HR With A Looming Economic Downturn
Consider the above articles on the current conditions of the market, then consider all you have learned about staffing this semester. Then complete an assignment based on the following scenario:
You are the Chief People Officer / Chief Human Resources Officer for a company of 500 employees who manufactures bicycles. Theres a global shortage of talent, theres the strong possibility of a recession coming in the next 6 months, yet you are 30 days behind on filling orders for your retailers because demand is high and staying fully staffed is continually a problem.
Bicycle sales are at an all-time demand across the country, because:
People have decided to take their fitness more seriously
People who live in urban areas are ditching their automobiles for bicycles, because they want to lower their carbon footprint
People are buying bicycles for their families because bicycling is a means of outdoor and family time.
Now what? Demand is currently high, the reasons for the increased demand arent going away, its difficult to find good employees, yet the media and various pundits are predicting a slowdown in the economy.
Your Assignment: A recession is forecast for exactly 6 months from now. Your company CEO has requested that you design and write a staffing plan.
In your plan, consider the following items at a minimum:
Current staffing levels
Current employee compensation and market competitiveness
What are competing bicycle companies doing?
Are you currently keeping up with supply? Why not?
Can your suppliers keep up with your demand?
Whats the current financial state of the business? Are you flush with cash or do you have 90 days or less of cash on hand?
Whats the current mood or level of employee engagement?
How do you think consumers are going to react to the market slowing down? Any particular sectors of employment that will be hard-hit?
Do your own research of the current bicycle manufacturing and sales market to help inform your decision.
The assignment must be, at minimum, two full pages in length of single-spaced text using no more than a 12 font size. Feel free to include illustrative items such as charts and graphs to enhance your grade and earn extra points, but be advised that these items do not count toward the two page minimum. Present this written plan in a clear, organized manner as if you are planning to distribute it in an executive board meeting and present the plan.
Remember to draw upon all of the knowledge youve gained around staffing this semester. I will be looking for key words and general language in your writing that clearly demonstrates that you read, retained, and put the information from this semester into practice. Assignments that come across with very general knowledge and terms that the common public would know without having taken this course will receive an average to below average grade
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