MICHEL PIREU: (email@example.com) has contributed the following words of wisdom in his StreetDogs column in BusinessDay today, being extracts from Planning for Freedom: Let the Market System Work, A Collection of Essays & Addresses by Ludwig von Mises:
Dr Sutherland, a senior lecturer in Human Resources (HR) at the Gordon Institute of Business Science (GIBS), has made a valuable and substantial contribution to the need for a change in a BusinessDay article on 24 June 2009 entitled “Human resource management in treacherous times“.
Representatives of the South African government, business and the trade unions responded to the international economic crisis on 19 February 2009 with a “Framework of Action”. The framework deals in part with what are called Employment Measures, and uses the word ‘retrenchment’ without fully appreciating its negative connotation. Although the term appears nowhere in our labour legislation its frequent use, especially by the drafters of the Framework, is unfortunate because the focus ought to be on saving jobs, not regulating their destruction.