Workforce planning manages the flow of people into, through, and out of the organization.
The acquisition and deployment of talent has been focused by many organisations as critical aspects of workforce planning. However, in the situation of an organisation restructuring where headcount downsizing and employee terminations need to take place due to change in business strategies and economic outlook, workforce planning becomes a critical and sensitive process.
Conduct a research on a company which has recently undergone downsizing in the reduction of employee headcount in a specific business unit or across the organisation. Answer the following questions pertaining to the company that you have researched on and base on the information and insights that you have gathered from credible sources on the company.
(a) Examine the rationale that the company took to use downsizing as an organization restructure move and discuss how the communication (if any) to its employees was carried out.
(b) Analyse the downsizing method(s) that the company has adopted and its effects to the morale of the employees.
(c) If you are appointed as a human resource consultant to conduct the downsizing exercise, what would you have done differently (or not) in adopting the downsizing method and its employee communication method?
(d) In addition to part (c), you are required to recommend appropriate retention strategies to ensure the high-performing individuals are retained and not adversely affected by the downsizing event.
Kindly note that additional 10 marks will be allocated for overall presentation and structure of answers.
will there be any referencing?