Apply Basic HR Principles in a New Venture

Learning Outcomes:

• A basic skills survey is undertaken to determine the skills requirements of a new venture.
• The human resources capacity requirements in new venture are determined.
• The cost implications for employing staff are determined.
• A decision is taken regarding employment possibilities and a basic profile of each person to be employed is drawn up for interviewing purposes. Examples are listed of ways in which the core business adds value to the organisation