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A Business Case Study on Randstad Singapore

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Added on  2020-05-08

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The few important things that will be highlighted in this report are the issues, the causes, the implications, alternatives, decision making criteria and the recommendations are some of them. Issue: 3 Causes: 3 Alternatives: 4 Decision Criteria: 5 Recommended Solution: 5 Implementation and Implication: 6 Reference 7 Issue: Almost every year five billion dollars were spent out of which almost six billion were spent on recruitment services on a population of 3.3 million. There are 2,800 agencies in Singapore and if calculated

A Business Case Study on Randstad Singapore

   Added on 2020-05-08

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Running head: CASE STUDY
Video business Case Study
Name of the Student:
Name of the University:
Author note:
A Business Case Study on Randstad Singapore_1
CASE STUDY1
Executive Summary
In this report, the Randstad organization has been chosen for a business case study. The brand is
considered to be in the Singapore market. With the help of the two video suggested the whole
report has been analyzed. The few important things that will be highlighted in this report are the
issues, the causes, the implications, alternatives, decision making criteria and the
recommendations are some of them. The most important things are that the video is from the
words of the CEO of the Randstad organization and the interview that has been done. The issues
and the causes have been stated and based on it the implications, recommendations and the
alternatives have been made and suggested in this report.
A Business Case Study on Randstad Singapore_2
CASE STUDY2
Table of Contents
Issue:................................................................................................................................................3
Causes:.............................................................................................................................................3
Alternatives:.....................................................................................................................................4
Decision Criteria:.............................................................................................................................5
Recommended Solution:..................................................................................................................5
Implementation and Implication:.....................................................................................................6
Reference.........................................................................................................................................7
A Business Case Study on Randstad Singapore_3
CASE STUDY3
Issue:
Almost every year five billion dollars were spent out of which almost six billion were
spent on recruitment services on a population of 3.3 million. There are 2,800 agencies in
Singapore and if calculated there will be one agency for every 20 people and hence the
differentiation is based on the different key strategies (Background Questions - Michael Smith;
Managing Director; Singapore, Hong Kong, Malaysia; Randstad 2017). For a sustained period of
time, there is a need for change in the performance that was unacceptable from the point of view
of the level of the performance. Hence, the Randstad organization realized that there is a need for
growth, even in the slightest possible way as they were growing at a rate of 5% and were
eventually losing its market share to the business competitors (de Man, Marguerithe de Man, and
Annemieke Stoppelenburg, 2017). They expected their rate of growth to almost 50% that is
much higher than the average market shares in the Singapore market economy that is still going
fine when seen in comparison to the global scale (Background Questions - Michael Smith;
Managing Director; Singapore, Hong Kong, Malaysia; Randstad 2017). Increasing their rate of
performance as a recruitment company in particular will make them focus on a strict strategy and
since they were not a that good state like the other companies at that contemporary time it will be
difficult for them to cope up against this competitive market. In the recruitment sessions the
process should be made of higher standard so that the people are strained and then recruited in
their business system.
Causes:
In real world, the Randstad organization became a bit complacent in between the years of
2010-2012 and had experienced an okay level of growth (Ru et al. 2013). The stellar things were
sometimes used to track in the right direction that has not been used to look outside and for the
A Business Case Study on Randstad Singapore_4

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