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Question: You are the Director of Human Resources for a rapidly growing technology firm. In the past three weeks, your organization has seen a huge increase in profitability and has contracted with 30 new corporate clients.

16 Oct 2022,4:53 PM

 

You are the Director of Human Resources for a rapidly growing technology firm. In the past three weeks, your organization has seen a huge increase in profitability and has contracted with 30 new corporate clients. Your employees are doing the best they can to ensure the success of your organization during this time of being understaffed, but the CEO, CFO, managerial staff, and others know that the company needs to hire new employees.

For this Critical Thinking Assignment, do the following:

1. Provide information about the technology industry. Specifically, explain details through conducting research regarding the competitive nature of this industry.

2. Make a case for hiring either full-time, contingent, or contract employees. Explain the benefits and drawbacks of hiring your selected workforce type(s).

3. Since you will need to recruit over 100+ technology employees, given organizational growth, explain if you believe that the recruitment function should be kept in-house or outsourced. Justify your rationale.

Requirements: • Write a 4- to 6-page paper not including the title and reference pages, which are required.

Expert answer

Provide information about the technology industry. Specifically, explain details through conducting research regarding the competitive nature of this industry.

The technology industry is a competitive one. Companies in this industry are always trying to come up with new products and services that will make them more successful than their rivals. This can be difficult to do, but it is important for companies in this field to stay on top of the latest trends if they want to stay in business.

 

One of the biggest challenges that companies in the technology industry face is keeping up with the latest trends. Technology changes very rapidly, and what was popular last year may be completely outdated this year. This means that companies have to be constantly innovating if they want to stay ahead of the competition. They also have to be able to quickly adapt their products and services to meet the changing needs of their customers.

 

Another challenge that companies in this industry face is dealing with customer expectations. Customers today are very demanding, and they expect a lot from the companies they do business with. They want products and services that are easy to use and that work well. They also want to be able to get help from someone when they run into problems.

 

In order to be successful, companies in the technology industry need to have a good understanding of the latest trends and be able to quickly adapt their products and services to meet the changing needs of their customers. They also need to provide excellent customer service.

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