Begin drafting your “Opportunities” paper. This paper should be approximately 2-3 pages in length and should address what you have determined are the top 3 Human Resource opportunities for the organiz

Begin drafting your “Opportunities” paper. This paper should be approximately 2-3 pages in length and should address what you have determined are the top 3 Human Resource opportunities for the organiz
Swot Analysis: Weaknesses Kiyhana Bristow College of Business, Bellevue University MSHR 655: Capstone Professor Carol Bartholet February 10, 2021 Swot Analysis: Weaknesses Weaknesses are internal problems of a company that are a result of many types of management errors or marketing miscalculations. When an organization completes a SWOT analysis they pinpoint and describes their weaknesses, as well as gauge the possibility of correcting them and recommends solutions. As much as The Levy Company may not want to believe it, yes, we have our share of weaknesses. The Levy Company’s top three Human Resource weaknesses are inaccurate budget constraints, unskilled workers, and lack of training and development. Inaccurate budget constraints In Levy Company, various assumptions are made during various operations. Some of the assumptions made are inaccurate, making the company overspend. Spending excessively wastes the funds of a company, and in some cases, the business is forced to shift capital that is to be spent on another program. If there is inaccuracy in the budgeting of funds, Levy Company is forced to shift its macroeconomics due to an assumption in the business. If several assumptions are made in the budget, they might make the manager manipulate the operation’s scope. (Dhaene, 2016). Manipulating the scope can lead to unsatisfactory operation, making the company have several disputes. The inaccuracy of budget constraints is a significant weakness. Unskilled workers Inadequately skilled workers is a significant weakness to the company. If workers are not competent enough, they reduce the efficiency of activities carried out in the company. For instance, when the company is hiring working personnel, it hires candidates with the best education achievements. Just by looking at the educational achievement, the company might fail to know the candidate with the best educational achievement might not have the necessary skills. This hiring tactic is a significant weakness in the company since it hires workers who do not have the right experience on what the company is looking for. This weakness makes the company start deteriorating in performance. If the company hired worked people with the right skills, and they less considered the educational achievement, they might be able to solve this weakness (Migliaccio, 2020). Lack of Training and development Training and development is another weakness that is linked to the Levy Company. Whenever the company is hiring working personnel, it assumes everyone is hired is competent on what is doing, which is not right. If the company introduces a piece of new equipment, it should conduct training on how the equipment. Failure to do so, workers might use the equipment for the wrong purpose, which might cause severe damage. Levy Company lacks developing their equipment to the latest version, thus facilitating inefficiency. Thought the company offers training to its personnel, it does not offer full training which becomes a fundamental weakness. References Lee, W., Migliaccio, G. C., Lin, K. Y., & Seto, E. Y. (2020). Workforce development: understanding task-level job demands-resources, burnout, and performance in unskilled construction workers. Safety Science, 123, 104577. van der Herten, J., Couckuyt, I., Deschrijver, D., & Dhaene, T. (2016). Adaptive classification under computational budget constraints using sequential data gathering. Advances in Engineering Software, 99, 137-146.
Begin drafting your “Opportunities” paper. This paper should be approximately 2-3 pages in length and should address what you have determined are the top 3 Human Resource opportunities for the organiz
Running head: SWOT ANALYSIS 0 Swot Analysis: Strengths February 3, 2021 Bellevue University Swot Analysis: Strengths The Levy Company Located in San Antonio, Texas, the Levy Company is an electrical construction and heavy highway establishment organization. The company is associated with successful projects in a span of more than eighteen years, which its experienced leaders and working force bring about. In the United States, the firm has proved to be among the best electrical construction companies because of the high level of skills and knowledge applied in its projects. Levy Company dedicates itself to completing projects safely, including electrical and roadway projects of any kind and size (The Levy Company, 2021). However, conducting the SWOT analysis as an environmental scan displays that the Levy Company associates its success in projects with the business environment’s strengths. These strengths play a crucial role in the organization’s overall success, making them an important aspect. In this sense, this paper explores the Levy Company’s strengths that are vital in its success. Strengths Successful Employment Branding Strategy The ever-changing global economy presents companies with various challenges, particularly problems such as industry competition. For this reason, organizational leaders are usually expected to come up with ways of retaining top talent to ensure they remain competitive in an industry. Employer branding is the most desirable strategy to improve work, increase growth and affinity, and brand visibility. Companies with significant branding strategies are ahead of others because they attract the best. Similarly, the Levy Company enjoys essential dominance in the electrical and highway construction aspect because it employs a successful employment branding strategy that enhances growth and working force attraction. In this sense, a successful employment branding strategy is one strength associated with the Levy Company. Competitive Compensational Philosophy Another strength linked to the Levy Company involves the adherence to a competitive compensational philosophy. A compensation philosophy entails the reasons that influence employee payment in an organization. The philosophy identifies the reward methods and pays programs for employees, along with the created consistency framework (Austin, 2018). The Levy Company utilizes a competitive compensational framework, which helps in ensuring employee retention. Additionally, the philosophy is beneficial because it displays the dedication and commitment of the Levy Company to its employees. Hence, it is a foundational strength for the firm. Effective Turnover Management Working personnel turnover is a crucial peril to the productivity of companies in any industry. For this reason, companies have resorted to adapting significant strategies to manage employee turnover effectively (Bearstaffing, 2018). The Levy Company ensures effective turnover management by focusing on several strategies. For example, the company explores hiring the correct working force, who performs their tasks effectively, minimizing turnover. Secondly, the Levy Company always quantifies employee turnover cost, enabling the firm to track its working force levels. High Safety Standards Today, organizations are expected to display high levels of safety in their internal and external operations. The Levy Company has designed several standards meant to protect its processes, products, and employees during internal and external operations. For example, the company ascertains that employees wear safety clothing when dealing with products that may be harmful to the human body. Furthermore, the company also explores training and development programs required for learning how to operate big machines during construction projects. References Austin, T. (2018, December 17). Compensation Philosophy: What It Is and Why Every Organization Needs It. Retrieved 06 February 2021 from https://www.groupmgmt.com/blog/post/2018/12/17/Compensation-Philosophy-What-It-Is-and-Why-Every-Organization-Needs-It.aspx Bearstaffing. (2018). Essential Tips For Turnover Management. Retrieved 06 February 2021 from https://hub.bearstaff.com/blog/4-essential-tips-for-turnover-management The Levy Company. (2021). Levy Company. Retrieved 06 February 2021 from https://levycompany.com/