Staffing issues facing organizations in the retail chain-stores industry
Staffing issues facing organizations in the retail chain-stores industry
You are asked to provide an analysis of the Staffing issues facing organizations in
the retail chain-stores (e.g. Cold Storage, NTUC, Sheng Siong) industry over the
next five years by a Singapore industry Association. Research factors which can
affect
Staffing like demographics, political, economic, social‐cultural etc. in the retail
chain stores industry. You will need to consult sources about the industry to gain an
understanding of that industry and its business
context. You will also need to consult various sources regarding factors which may
influence the ability of
organisations to staff themselves satisfactorily in the next five years. For example,
if you are considering
demographics, you may need to consider the current age of the industry workforce,
the likelihood of sufficient
new entrants, laws which may affect workforce participation—e.g., laws which
encourage people to remain in the workforce or raise the age for workforce
participation. You need to basis your analysis on relevant research and data. While
you are interested in retail chain stores industry in
Singapore, remember most industries are present in other countries, and research
about your industry in
other countries may provide useful insights (and remember that in many instances,
Singaporean companies
are competing in and for employees in an international context). This document
requires you to address all the factors considered in the report and come up with
recommendations (each recommendation must address a different factor
considered). These recommendations must
be made in light of the industry conditions, the research into the factors, and
demonstrate an understanding of
relevant and appropriate HR responses to the Staffing issues presented. Include
executive summary, introduction,
& conclusion to the report.
Singapore is certainly a development economy befitting the term a ‘Little Dragon.’
It is a strong global trading partner that attracts investors from all corners of the world
including United States, Japan, India, and China among others. In fact, her economy is
largely trade-driven. It has one of the highest trades to GDP ratio in the world. Due to an
ever increasing middle class in a society where education is given first priority, retail
businesses have come to dominate her markets.
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