Hamptons is currently experiencing high staff turnover. High staff turnover means that staff at Hamptons are regularly being employed and leaving the company. This is bad for the company, because it would mean that the relationships between the staff and the business are regularly being broken. In order to solve the problem of high staff turnover at Hamptons, careful management would need to be carried out. There are various constraints that would affect Hamptons in reducing its staff turnover. These could either prevent or reinforce Hamptons' efforts of reducing staff turnover. There are two types of constraints: internal and external. Internal constraints are factors within the business that may assist or prevent the fulfilment of a task. External constraints are factors outside the business that may open or close the possibilities in a business achieving its targets. To identify the internal and external constraints on Hamptons, a useful way of analysing this would be implementing a SWOT analysis. SWOT stands for Strengths, Weaknesses, Opportunities and Threats. A SWOT analysis identifies the ways in which a business can be assisted in achieving an objective, or the ways in which it is prevented. Strengths and weaknesses are both internal constraints, and opportunities and threats are both external constraints. Below is a SWOT analysis of the internal and external constraints that intervene with Hamptons bid to reduce staff turnover.
Effects of constraints
The strengths of Hamptons reducing its staff turnover means that the factors of strength associated to them would reinforce its bid to stop staff turnover. Weaknesses are the possible causes of staff turnover. Opportunities are the steps Hamptons could take to reducing staff turnover, and threats are the external pressures that may cause Hamptons problems in reducing its staff turnover.
