3. How has the increase in uncertainty in business affected the “make-or-buy” decision,
and is this trend likely to change?
Students’ answers will vary, but in general it is cheaper to make talent than to buy it so
the uncertain economic situation will probably increase the number of firms looking to
4. Design a management development program for first-level supervisors in an electric
utility company. What courses and experiences do they need?
The usual topics for supervisor training and development are basic management
5. You are the HR Director of a large manufacturing company that is approximately
50 years old. The company has reaped the benefits of a mostly tenured workforce,
and many of the key workers are now approaching retirement age. It is anticipated
that approximately 20% of the company’s workforce will retire in the next three to
five years. You are also planning to retire within that period of time. To assist the
company with the retirement transition process, you want to present a business case
to the President for a succession plan for several key positions, including the Chief
Financial Officer and Director of Operations.
A. Which outside company advisors should be included in the succession planning
process?
B. The successor employee for the replacement of the Chief Financial Officer and