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The business environment of Wal-Mart corporation - Research Paper Example

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This essay “The business environment of Wal-Mart corporation” reviews the HR management of the company and develops a transformational strategy that can be adopted to better its services and hence give the organization a competitive strategy…
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The business environment of Wal-Mart corporation
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Download file to see previous pages They will be in a better position to identify the problems that affect the smooth running of the organization. In addition, they will know the areas that need to be changed and how they can be changed. According to Ulrich & Brockbank, “When people understand the why of change, they are more likely to accept the what .” One of the most influential departments at Wal-mart is the HR department. It plays a major role in identifying the right personnel that can help the organization achieve its strategic goals and objectives. The organization has its goals but achieving them is never a walk in the park due to the many changes that are occurring in the business environment. For the HR transformation to occur at Wal-mart, the HR need to launch transformational programs.The human resource department is the agent of change. Every organization should have a strategic plan and it is no different for Wal-mart. The company has a strategic plan that guides it towards the achievement of its goals. The human resource department plays an important role in the strategic planning of an organization in addition to its traditional functions such as hiring, performance appraisal and rewarding employees. Is is important for the HR leaders to be familiar with the organizational strategic plans so as to engineer an effective HR transformation that will enable the department execute its role as a planning partner. This is one of the reasons as to why the HR team needs to understand the business context....
It is its obligation to fulfil those promises so as to satisfy each of the parties. Satisfying its stakeholders is important for any organization in the process of building its brand image. In the current business environment, things are changing too rapidly. An organization needs to keep up with the changes and as a result, there is the need to transform the HR functions so as to gain that competitive advantage (Albeanu, Hunter & Radford, 2010). Business context One of the most important step in transforming the HR function of Wal-mart is to identify the reason as to why the transformation is occurring (Ulrich, 1997). This refers to identifying the problem that prevails in the HR department. In order to identify the need for transformation, anyone who is to be involved in the transformation process should clearly understand the business context. Only when the persons involved have an understanding I the current business context that they will be able to come up with a way of transforming the HR function. They will be in a better position to identify the problems that affect the smooth running of the organization. In addition, they will know the areas that need to be changed and how they can be changed. According to Ulrich & Brockbank (2005), “When people understand the why of change, they are more likely to accept the what .” One of the most influential departments at Wal-mart is the HR department. It plays a major role in identifying the right personnel that can help the organization achieve its strategic goals and objectives. The organization has its goals but achieving them is never a walk in the park due to the many changes that are occurring in the business environment. For the HR transformation to occur ...Download file to see next pagesRead More
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