Step 1
Provide a brief summary of the article
The article discusses about the economic crisis and the challenges that will face the HR in the Middle East. Also, the article pointed out that oil prices lead to organizational restructuring in some organizations. Moreover, the economic crisis led some companies to promote many offers of their products that can enable them to compete in the market and improve company morale. Furthermore, the decline in oil prices lead to create and focus on human capital. Also, the economic crisis has opened the doors to enhance the capacity of staff through a training program that help them to acquire and develop their skills and abilities.
Step 2
Identify the challenges a Fujairah business will face. Scan both …show more content…
The sharp correction in oil prices led to a shortage and low liquidity and a decreased in demand of goods and services.
Opportunities:
1. The decline on the oil prices have led to the creation of employment opportunities, in which some companies in Fujairah work on the restructuring and focus on investment in human capital.
2. some companies in Fujairah tend to enhance certain capabilities, which will create opportunities for employees to get a training program that enhances their capabilities to complete their task with high performance and achieve the organization's goals.
3. The economic crisis led some of companies in Fujairah to promote backstopping posts such as information technology, finance, and procurement, which lead to create good opportunities for hiring.
4. Emirates currently strategy is the economic rebalancing that will create many opportunities for the employment in different sectors, and it will contribute on the gross domestic product (GDP) of Fujairah.
Threats:
1. The economic crisis has threatened, the employment and labor market in Fujairah due to lay off some of workforce in some organizations.
2. Economic crisis could affect the retail and manufacturing industries in …show more content…
Some of these challenges lead some companies in Fujairah work on the restructuring and focus on investment in human capital. Also, these challenges assist the business in Fujairah in which lead create opportunities for employees to get a training program that enhances their capabilities that result on high performance and achieving the organization's goals. Moreover, the economic crisis led some of companies in Fujairah to promote backstopping posts such as information technology, finance, and procurement, which lead to create good opportunities for hiring. Also, these challenges will create many opportunities for the employment in different sectors, and it will contribute on the gross domestic product (GDP) of Fujairah through the strategies of economic rebalancing in the UAE. Furthermore, the middle management will be less motivation and don’t feel that they are involve in the organization and they will have low performance, because the organization doesn’t apply empowerment
Provide a brief summary of the article
The article discusses about the economic crisis and the challenges that will face the HR in the Middle East. Also, the article pointed out that oil prices lead to organizational restructuring in some organizations. Moreover, the economic crisis led some companies to promote many offers of their products that can enable them to compete in the market and improve company morale. Furthermore, the decline in oil prices lead to create and focus on human capital. Also, the economic crisis has opened the doors to enhance the capacity of staff through a training program that help them to acquire and develop their skills and abilities.
Step 2
Identify the challenges a Fujairah business will face. Scan both …show more content…
The sharp correction in oil prices led to a shortage and low liquidity and a decreased in demand of goods and services.
Opportunities:
1. The decline on the oil prices have led to the creation of employment opportunities, in which some companies in Fujairah work on the restructuring and focus on investment in human capital.
2. some companies in Fujairah tend to enhance certain capabilities, which will create opportunities for employees to get a training program that enhances their capabilities to complete their task with high performance and achieve the organization's goals.
3. The economic crisis led some of companies in Fujairah to promote backstopping posts such as information technology, finance, and procurement, which lead to create good opportunities for hiring.
4. Emirates currently strategy is the economic rebalancing that will create many opportunities for the employment in different sectors, and it will contribute on the gross domestic product (GDP) of Fujairah.
Threats:
1. The economic crisis has threatened, the employment and labor market in Fujairah due to lay off some of workforce in some organizations.
2. Economic crisis could affect the retail and manufacturing industries in …show more content…
Some of these challenges lead some companies in Fujairah work on the restructuring and focus on investment in human capital. Also, these challenges assist the business in Fujairah in which lead create opportunities for employees to get a training program that enhances their capabilities that result on high performance and achieving the organization's goals. Moreover, the economic crisis led some of companies in Fujairah to promote backstopping posts such as information technology, finance, and procurement, which lead to create good opportunities for hiring. Also, these challenges will create many opportunities for the employment in different sectors, and it will contribute on the gross domestic product (GDP) of Fujairah through the strategies of economic rebalancing in the UAE. Furthermore, the middle management will be less motivation and don’t feel that they are involve in the organization and they will have low performance, because the organization doesn’t apply empowerment