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Briefcase

Unit 2 - Human Resource Management - QB

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Chart Increasing

Unit 1 - Introduction To Business Management - QB

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Money Bag

Unit 3 - Finance & accounts - QB

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Direct Hit

Unit 4 - Marketing - QB

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Factory

Unit 5 - Operations management - QB

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Bar-Chart

Unit 6 - Assessment

<ul>
	<li>Company Name: Premium Fruit Drinks (PFD)</li>
	<li>Location: Industrial park outskirts of Kuala Lumpur, Malaysia.</li>
	<li>Products: Healthy, low-sugar fruit drinks.</li>
</ul>

📈 Recent Growth: Sales and revenue of PFD have shot up over the past 10 years!

<ul>
	<li>Finding the right sources of finance.</li>
	<li>Meeting future human resources needs.</li>
</ul>

<ul>
	<li>Massive growth in the last 30 years.</li>
	<li>Now a tech-hub with many technical schools and universities.</li>
	<li>Increasing number of graduates every year.</li>
</ul>

<ul>
	<li>General workers: Easy-peasy, they&#39;re easy to find.</li>
	<li>Specialist employees:
	<ul>
		<li>Industrial Engineers (for factory management)</li>
		<li>Nutritionists (for crafting new healthy drinks)</li>
	</ul>
	</li>
</ul>

🤑 Real-world Example: Think of it like a bakery needing both a master chef and an operations manager. While it&#39;s easy to hire someone to sell pastries at the counter, finding someone to craft unique pastries or to streamline the baking process can be more challenging!

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💡 Interesting Point: Historically, these specialists were rare Pok&eacute;mon! So, they demanded high salaries.

<ul>
	<li>Work From Home (WFH) and Flexi-time: PFD&#39;s cool IT improvements allow professional employees to chill at home and work for at least half the time. Plus, employees with little munchkins running around love flexible timings.</li>
	<li>Gig Economy: Some tasks, like creating the next big drink, can be given to freelancers or independent workers.</li>
</ul>

<ul>
	<li>Gig Economy 🎸</li>
	<li>Definition: A labor market characterized by short-term contracts or freelance work rather than permanent jobs.</li>
	<li>Real-world Example: Imagine hiring a guitarist for just one gig instead of having them join the band full-time. Websites like Upwork or Fiverr are gig economy platforms.</li>
	<li>Two Roles of Human Resource Management in PFD 🧑&zwj;🤝&zwj;🧑</li>
	<li>Recruitment and Selection: Finding the right talent, especially those rare industrial engineers and nutritionists, to support PFD&#39;s growth and new product development.</li>
	<li>Workforce Planning: Analyzing current labor force, determining future labor needs, and then coming up with strategies like WFH, flexi-time, and using the gig economy to ensure PFD has the right people at the right time.</li>
	<li>&nbsp;Factors Influencing PFD&rsquo;s Human Resource Planning 🌐</li>
	<li>Internal Factor: PFD&#39;s advanced IT infrastructure allows employees to work from home. This can make jobs at PFD more attractive, potentially drawing in more candidates.</li>
	<li>External Factor: The growing number of graduates in Kuala Lumpur due to the rise of technical schools and universities. This means a larger pool of potential skilled employees for PFD to tap into.</li>
</ul>

🌟 Remember! Good human resource management isn&#39;t just about hiring people, it&#39;s about hiring the right people and making sure they have the best conditions to shine. Think of it like finding the perfect soil, water, and sunlight for a plant to thrive! 🌱🌟

Unit 2 - Human Resource Management - QB

Unlocking PDF's Growth: Human Resource Strategies In Kuala Lumpur

Table of content

Introduction 🥤

Concerns 😰

Kuala lumpur highlights 🌆

Unlock the Full Content!

Unit 2 - Human Resource Management - QB

Unlocking PDF's Growth: Human Resource Strategies In Kuala Lumpur

Table of content

Introduction 🥤

Concerns 😰

Kuala lumpur highlights 🌆

Unlock the Full Content!