SMC Five Year Forecast
At SMC Company, we must implement a five-year HR forecast plan to keep up with changing needs of the company. Over the last two years of operation some major changes have occurred within the company and with the environment of the company. We have come to realize that we are facing some challenging issues now and in the near future. The human resource department of SMC Company is committed to creating and implementing a five year plan that will look at the forecast of the company and address the following issues; labor market costs and shrink, increased product demand, bilingual workforce, safety incident rate, labor organizing, and the issue of the CEO being terminally ill.
In colonial America, most of the manufacturing was done by hand in a home. Labor took place in workshops attached to the side of a home. As towns grew into cities, the demand for manufactured goods increased. Some workshop owners began hiring helpers to increase production. …
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