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Recruiting and retaining key staff at Maidong Mechanical Company | |
Author | Vu Thuy Linh |
Note | A project submitted in partial fulfillment of the requirements for the degree of Master of Business Administration (Executive) in International Business-Management of Technology |
Publisher | Asian Institute of Technology |
Abstract | In practice, a large number of companies pay a great attention to human resources, but they do not really know what activities should be carried out. Many companies are likely to recruit relatives of the company's employees, which are seen as a motivation and an encouragement for them to achieve better performance in the companies. It is clear that the companies need a new approach to human resources, starting from recognizing ways to tailor the human resource strategy to fit the corporate strategy. Maidong Mechanical Company is not an exceptional case. Maidong Mechanical Company has been facing a crisis of human resources with the turnover rate increasing significantly in recent years and it reached the highest point last year. Consequently, the current human resources have not fully met working requirements both in quality and quantity that has influenced the working efficiency and productivity of the company during the previous years. Recognizing the human resource as the most important asset and the core competency of the company which greatly contribute to the company's success and create a competitive advantage for the company development, this case research emphasizes an analysis of the current human resource of the company; root causes which influences on the effectiveness of the human resource, especially the recruitment and retention issues. It identifies key factors needed to be considered and improved to develop its recruitment and retention functions at Maidong Mechanical Company in the future. |
Year | 2009 |
Type | Project |
School | School of Management (SOM) |
Department | Other Field of Studies (No Department) |
Academic Program/FoS | Master of Business Administration (Executive) in International Business - Management of Technology (VN/BKK)) |
Chairperson(s) | Swierczek, Fredric W.; |
Examination Committee(s) | Igel, Barbara ;Zimmerman, Willi ; |
Scholarship Donor(s) | AITCV; |