The shortage of seafarers : developing industry/employer of choice and employment brand strategies

The New Economy is one of information, speed and extraordinary growth. This rate of growth in global economy is proportional to the demand for shipping; subsequently this growth in shipping will far exceed the current seafaring labor force. Soon the issue of seafaring shortage will be a global issue...

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Bibliographic Details
Main Author: Balasubramanyam, Linkesh
Other Authors: School of Civil and Environmental Engineering
Format: Final Year Project (FYP)
Language:English
Published: 2010
Subjects:
Online Access:http://hdl.handle.net/10356/38891
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author Balasubramanyam, Linkesh
author2 School of Civil and Environmental Engineering
author_facet School of Civil and Environmental Engineering
Balasubramanyam, Linkesh
author_sort Balasubramanyam, Linkesh
collection NTU
description The New Economy is one of information, speed and extraordinary growth. This rate of growth in global economy is proportional to the demand for shipping; subsequently this growth in shipping will far exceed the current seafaring labor force. Soon the issue of seafaring shortage will be a global issue. Corrective measures must be administered now in order to meet the labor demands of the future. The reader will initially be given a brief update on the current seafaring labor market based on BIMCO/ISF 2005 report. Subsequently the author explores marketing strategies such as Employer of Choice to be a possible cure for this shortage. Simply put Employer of Choice is an organization that is able to meet the growth and profitability goals because it attracts and retains quality and quantity of it employees it needs The aim of this study is to analyze how seafaring is marketed and campaigned in Singapore. After which the author explores into themes such as Employer of choice and branding strategies which have being proven to attract and retain talent in other industries. Based on the quantitative and qualitative studies conducted within the Singapore seafaring sector, the author believes there is a growth potential for the Singapore Seafaring Sector. With the right mix of marketing and human resource management strategies in place and greater synergy between Government, Employer and Union this study will inform readers on possible solutions to rectify the shortcomings of the future Seafarers.
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spelling ntu-10356/388912023-03-03T16:58:19Z The shortage of seafarers : developing industry/employer of choice and employment brand strategies Balasubramanyam, Linkesh School of Civil and Environmental Engineering DR Thai Van Vinh DRNTU::Engineering::Maritime studies::Maritime management and business The New Economy is one of information, speed and extraordinary growth. This rate of growth in global economy is proportional to the demand for shipping; subsequently this growth in shipping will far exceed the current seafaring labor force. Soon the issue of seafaring shortage will be a global issue. Corrective measures must be administered now in order to meet the labor demands of the future. The reader will initially be given a brief update on the current seafaring labor market based on BIMCO/ISF 2005 report. Subsequently the author explores marketing strategies such as Employer of Choice to be a possible cure for this shortage. Simply put Employer of Choice is an organization that is able to meet the growth and profitability goals because it attracts and retains quality and quantity of it employees it needs The aim of this study is to analyze how seafaring is marketed and campaigned in Singapore. After which the author explores into themes such as Employer of choice and branding strategies which have being proven to attract and retain talent in other industries. Based on the quantitative and qualitative studies conducted within the Singapore seafaring sector, the author believes there is a growth potential for the Singapore Seafaring Sector. With the right mix of marketing and human resource management strategies in place and greater synergy between Government, Employer and Union this study will inform readers on possible solutions to rectify the shortcomings of the future Seafarers. Bachelor of Science (Maritime Studies) 2010-05-20T04:39:50Z 2010-05-20T04:39:50Z 2010 2010 Final Year Project (FYP) http://hdl.handle.net/10356/38891 en Nanyang Technological University 95 p. application/pdf
spellingShingle DRNTU::Engineering::Maritime studies::Maritime management and business
Balasubramanyam, Linkesh
The shortage of seafarers : developing industry/employer of choice and employment brand strategies
title The shortage of seafarers : developing industry/employer of choice and employment brand strategies
title_full The shortage of seafarers : developing industry/employer of choice and employment brand strategies
title_fullStr The shortage of seafarers : developing industry/employer of choice and employment brand strategies
title_full_unstemmed The shortage of seafarers : developing industry/employer of choice and employment brand strategies
title_short The shortage of seafarers : developing industry/employer of choice and employment brand strategies
title_sort shortage of seafarers developing industry employer of choice and employment brand strategies
topic DRNTU::Engineering::Maritime studies::Maritime management and business
url http://hdl.handle.net/10356/38891
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