Question: Write a conclusion for the information written below.

introduction

Employee planning and development are essential for the success and sustainability of firms across various sectors$.$ This is particularly true for small enterprises such as Dynamic Display, a versatile shopfitting company that has been struggling with financial challenges since the onset of the COVID$-19$ pandemic. The company provides a wide range of services, including shopfitting, building, electrical and plumbing work, partitions and ceilings, as well as interior design. Dynamic Display has faced profitability challenges due to various factors. These include project overruns resulting from inadequate planning for unforeseen circumstances, underpriced$$quotations to please clients, operational inefficiencies, time loss due to travelling between sites due to$$juggling multiple projects at once, ineffective labour management $($as more workers don't always lead to faster completion times$)$ and undertaking unquoted small jobs at the client's request without charging later on$,$ again to gain favour.

Background To The Research Problem

Dynamic Display, a South African company operating in the shopfitting industry, faces significant financial and operational challenges. The company specialises in providing services such as partitioning, painting, and designing for pharmacies. One of the core issues impacting Dynamic Display's performance is the lack of employee skill development. Although South Africa has a surplus of skilled workers due to unemployment, Dynamic Display is financially constrained and lacks the means to hire additional staff, let alone cover the expenses associated with recruitment. As a result, the company must rely on its existing workforce to meet project demands. However, the wide range of tasks required for each project prevents employees from specializing in specific areas, leading to inefficiencies such as extended project timelines, inconsistent quality of work, and higher costs due to material damages. This, in turn, would result in projects taking longer than expected, poor quality of work leading to jobs having to be redone, potential damages to materials increasing project costs, and a decline in employee morale due to frustration caused by a lack of skill with specific tasks. In a study by Zidane and Anderson $(2018),$ it was identified that three of the top $10$ leading universal delay factors was inadequate contractor experience$/$ building methods and approaches, poor labour productivity, and shortage of skills. Given these challenges, the most feasible solution for Dynamic Display is to focus on developing the skills of its current workforce. By investing in employee planning and development, the company can cultivate a more capable and efficient team, enabling employees to perform tasks more effectively and reduce operational delays. According to Virmani and Seth $(1985)$ organisations gain multiple benefits from training programs, including greater inter$-$departmental communication, a more comprehensive understanding of the organisation as a whole, and enhanced human interactions.

Research Problem

The financial difficulties of Dynamic Display are derived from several reasons. The organisation often experiences financial losses on projects as a result of prolonged completion timelines and decreased price estimates. In addition, the dependence on securing large$-$scale projects, such as building complete stores or refurbishing existing ones, has resulted in a financially unstable position where smaller projects, which are priced with tiny profit margins, are necessary to sustain client partnerships. Although this technique has the potential to be advantageous for maintaining clients over a long period of time, it has not resulted in the anticipated level of stability or profitability.

$1\mathrm{.}5.$ Research Objectives $$ Identify the primary elements responsible for the company's financial difficulties. $$ Analyse how well$-$organised staff training programs can improve project timelines, reduce project costs, and increase skillsets in employees. $$ Develop a set of recommendations for implementing effective staff planning and development strategies to enhance project profitability and overall financial performance. $1\mathrm{.}6.$ Research Questions $1.$What are the main factors causing the company's current financial difficulties? $2.$What are the potential benefits of implementing well$-$organised staff training programs in terms of project timelines, project costs, and employee skillsets? $3.$What are some effective staff planning and development strategies to enhance project profitability