Human Resources-1page

Often in times of economic trouble (as can be seen in the oil and gas industry right now) human resources can be seen as either the glue that holds organizations together or part of “management” that breaks teams apart and lays off individuals. This chapter goes into some great examples and detail on how human resources can use economic conditions to predict, forecast, and analyze current and future needs while maintaining a positive work environment.Using what you learned in the chapter, please describe what you think the following steps to managing during an economic downturn mean (THIS IS A THINK PIECE ONLY, NO REFERENCE NEEDED)

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  1. Demonstrating leadership
  2. Investment in planning
  3. Analyze jobs and departments
  4. Seizing opportunities
  5. Looking after the customer

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