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Human resource management in Marine & Shipping Industry - - Research Proposal Example

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The industry however, differs much from other global businesses in the sense that its physical capital is movable in a unique way. This feature alone necessitates the institution of a human resource management…
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Human resource management in Marine & Shipping Industry - Research Proposal
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ts in world trade balances and through market consolidation which require the implementation of well formulated processes and strategies, more especially in the human resource department. In view of the above facts, human resource management is no longer the simple task it used to be in yester years. With the ever dynamic global environment of today, companies must brace themselves and make changes whenever such needs arise in order to maintain their competitive edge. In fact, instead of waiting for other organizations to set pace, successful companies take charge and make proactive changes that continuously keep the competitor on its toes.

Given its nature, the marine shipping is one of the oldest and most internationally diverse industries in the world and includes the famous voyage made by Christopher Columbus in search for a new world (Subhash and Divya, 2007). The shipping industry involves transportation of virtually everything including containers, bulk goods, petroleum products, human beings and special products such as armory. The last 50 years has seen massive expansion in demand of the shipping industry which clearly reflects that how much growth has occurred in the capacity of seaborne trade.

This growth has been boosted by growth in technology such as seen in the introduction of gas-carrying capacity and containerization. Organizational structures of shipping companies have changed combined with changes in seafarers’ recruitment strategies. Despite the comparatively fast and amazing changes in the shipping industry, the human resource remains its primary production factor and is still based on steep hierarchical structure of ratings and officers (Subhash and Divya, 2007). Currently, job profiles in the shipping industry are changing faster that it was in the past.

This requires the continuous performance of job analysis failure of which can dearly cost the organization. Human resource managers are often faced with the challenge of human resource

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