Formulate strategies and potential strategic alternatives for different situations.
Discuss the impact of technology on business.
The Milinder Recycling Company has experienced significant growth over the past two years. Due to this growth, the company is currently encountering problems in the following areas:
***Especially among new hires, there is an extremely high turnover rate.
***People who have worked for the company for short periods of time (sometimes only a few months) have been promoted to management positions. Several of these new managers lack sufficient management experience. This has led to poor leadership and weak communication between employees and managers.
***The IT infrastructure, especially the personnel and inventory databases, is no longer adequate for the new size of the company.
***The company has taken on substantial debt in order to expand to new markets, but several of the new markets have been very slow. It now seems questionable whether some of these new markets will ever be successful enough to justify the amount of debt.
Select one of these issues and briefly discuss two different options for addressing the problem.© BrainMass Inc. brainmass.com June 3, 2020, 9:05 pm ad1c9bdddf
For the high turnover rate I would look at two alternatives to help retain new hires. The first alternative seeks to make sure the people hired are suited for the jobs and the company. The second would involve training and monitoring for potential problems with the new hires. Human relations should come up with a job description and specifics for the positions they are seeking new employees to fill. Then a specific list of qualifications ...
A brief discussion of topic on problems and potential strategies an HR can apply to reduce turnover. Discussion includes needs of employees in high turnover situations.