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TextMore is a global communications business that is facing increased competition - HSC - SSCE Business Studies - Question 24 - 2012 - Paper 1
Question 24
TextMore is a global communications business that is facing increased competition. Management has decided to reduce the size of its factory workforce by 25% but also... show full transcript
Worked Solution & Example Answer:TextMore is a global communications business that is facing increased competition - HSC - SSCE Business Studies - Question 24 - 2012 - Paper 1
Step 1
Identify the TWO human resource processes that will be used in this situation.
Answer
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Workforce Planning: This process involves analyzing the current workforce and determining the future workforce needs in relation to the company’s strategic goals. In this case, TextMore needs to assess how to effectively downsize while maintaining productivity and operational needs.
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Recruitment and Selection: This process focuses on attracting and hiring new employees, in this case, more IT specialists. Given the shift in focus from factory to technology roles, effective recruitment will be essential.
Step 2
Explain how TWO human resource strategies could be used to effectively manage downsizing TextMore’s factory workforce.
Answer
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Outplacement Services: Outplacement involves providing support to employees who are being laid off. This may include career counseling, resume writing workshops, and interview coaching. Such services help ease the transition for affected employees and ensure they find new employment more quickly.
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Internal Redeployment: This strategy focuses on finding alternative positions within the organization for employees whose roles are being eliminated. TextMore can utilize its existing workforce by relocating some factory employees to the newly created IT roles, thereby minimizing job loss and leveraging their existing skills.