BU354 Lecture Notes - Lecture 5: Layoff, Delphi Method, Nominal Group Technique
Document Summary
The importance of environmental scanning: environmental scanning: an assessment of external factors inluencing the organizaions ability to ind and secure talent from the external labour market including economic, compeiive, legislaive, social, technological, and demographic trends. Key steps in hrp: forecasing the availability of candidates: (supply) Internal present employees who can be trained, transferred, or promoted to meet anicipated needs. External people in the labour market not currently working for the organizaion, including those who are employed elsewhere and those who are unemployed who can be expected to join the organizaion to meet anicipated need. Skills inventories manual or computerized records summarizing employee"s educaion, experience, interests, skills, and so on. Which are used to idenify internal candidates for transfer or promoion. Management inventories records summarizing the qualiicaions, interests, and skills of management employees, along with the number and types of employees supervised, duies of such employees, total budget managed, previous managerial duies and responsibiliies, and managerial training received.