We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Nobody downloaded yet

Strategic HRM - Essay Example

Comments (0) Cite this document
Summary
Strategic Human Resource Management Date Outline I. Introduction II. Thesis statement: A business strategy is the lifeline of a business organization that drives both the short- term and the long-term projection and determines the success of the business in an ever-changing business environment and stringent competition…
Download full paperFile format: .doc, available for editing
Polish This Essay93.2% of users find it useful
Strategic HRM
Read TextPreview

Extract of sample
"Strategic HRM"

Download file to see previous pages The only difference is that in the game of business, teams compete against one another for customers, innovations, employees, and ultimately the profit margin they are able to accrue at the end of the day. The other difference is the time frame, whereas in sports the game is over a defined period of time, in the business, the time frame is unlimited as long as the business exists. Just like in the sports, the business empires that win indicate consistency in their preparation, planning, and skills in their execution plans. These business organizations do understand best their positions, where they are aiming at, and how they want to achieve their aim. It is also important to note that these winning business firms have constant touch with the customers needs and how to comply, the technological advancement that are relevant to the business as well as the market trends and innovations that will enable them be ahead of the park compared to their competitors in the market (Wal-Mart, 2011). Business organization then have to keep pondering on how best the cardinal factors in the business can be best satisfied to make then take the lead in either service delivery or product delivery to the customers. In this regard, all business owes allegiance to a strategy either planned or unplanned, strategy in this case is the language that implies a game plan. A business strategy is the lifeline of a business organization that drives both the short- term and the long-term projection and determines the success of the business in an ever-changing business environment and stringent competition. Overview of Wal-Mart Company Wal-Mart boost of being one of the largest family owned multinational retail cooperation. It is an American company having been founded in 1962 by Sam Walton. Walton family is arguably the leading shareholders in the cooperation, as they own about 48% of the total share of the business empire. The incorporation of the business took place in the year 1969 and by 1972 its shares were floated in the New York Stock Exchange for public trading (Wal-Mart, 2011). The corporation was branded Wal-Mart in 2008 having relinquished its former name of Wal-Mart Stores, Inc. in pursuit of the Forbes Global 2000, Wal-Mart was ranked 18th in the perking order of the largest public corporations in the world and the leading in the US. The cooperation also employs about two million employees which makes it one of the world largest private employers. The headquarters of the business is at Bentonville, Arkansas. In the United States, it is considered one of the leading grocery retailers having in the year 2009 collected 51% of the total sales it realized in the year i.e. US$ 258 billions. This percentage sale was realized on the grocery sale alone. Wal-Mart scope of operation in the global is equally expansive, it has a total of 8,500 functioning store in 15 countries operating under different references. In the United States for instance, the company operates under the name Wal-Mart including the 50 states of the US. In India the company is called Best Price, Mexico, its called Walmex, in UK it’s referred to as Asda while in Japan, it is referred to as Seiyu. Wal-Mart has expansive and extensive operation in Canada, Brazil, and Argentina (Wal-Mart, 2011). While in the North America, the business has registered performance of varied ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Strategic HRM Essay Example | Topics and Well Written Essays - 3750 words”, n.d.)
Retrieved from https://studentshare.org/management/1398503-strategic-hrm
(Strategic HRM Essay Example | Topics and Well Written Essays - 3750 Words)
https://studentshare.org/management/1398503-strategic-hrm.
“Strategic HRM Essay Example | Topics and Well Written Essays - 3750 Words”, n.d. https://studentshare.org/management/1398503-strategic-hrm.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
Strategic HRM
However, the employees are not commodities. Recession negatively affected the employers and the human resource policies and practices, whose severity could not be assessed. About 66 percent of the employers in the affected countries have suffered from declining revenues.
12 Pages(3000 words)Essay
Strategic HRM Approach
There is a major distinction between human resource management (HRM) and traditional personnel management. Recently, many companies have made it a focus in HRM to observe a strategic approach due to the numerous competitive advantages that it gives them
7 Pages(1750 words)Essay
Personel Management VS Strategic HRM at google
Google Inc. is known in the world today for the adoption of a successful SHRM, which has boosted its productivity. In 2008, people in Britain voted Google as the best company to work for. The company management emphasized that Google’s effectiveness depends on the commitment of the management to ensure continued employee motivation, as well as employee retention (Girad 2009).
3 Pages(750 words)Essay
Differeng approaches to Strategic HRM
This field draws its foundation from both social and behavioural sciences. Practitioners of organisational development base their study on humanistic method to delivery of sustainable performance and organisational change management. Organisation Development (OD) enables organisations to provide sustainable performance or improvements by using people.
8 Pages(2000 words)Essay
Strategic HRM
Strategic thinking is based on rational decision-making ,taking into account the competitive and financial pressures on modeling the present situation and the resources available to it, including its people. Personnel management was essentially reactive whereas HRM exemplified by HR strategy is proactive and takes a longer perspective.
2 Pages(500 words)Essay
Strategic HRM
resh food and in-store prepared and finished goods including old fashioned scratch baking, in-store butchery, fishmongery and preparation of salads for its salad bars and cooked meals for the consumer to take home. ASDA markets its own brand of ASDA food products. In addition,
10 Pages(2500 words)Essay
Strategic HRM
26). The objectives of a business are strategic and administrative, and both of them lead to the success of the business hence their respective definition is necessary for the competitiveness of a firm. Strategic management of human resource refers to a linkage
10 Pages(2500 words)Essay
Short Report: Strategic HRM avoiding redundancy
As the replaced employees will have much better skills acquired through their experience than the new employees. The organizations avoid compulsory
8 Pages(2000 words)Essay
Strategic HRM
Strategic HRM is a concept developed on the basis of three main principles. The first principle states that human capital in an organization is a major source of competitive advantage creation. The second
10 Pages(2500 words)Essay
Strategic HRM
However, existing research supports best-fit SHRM as having greater contribution in enhancing organisational performance as recorded in aspects such as employee productivity and organisational profitability. The foregoing essay critically assesses the implications of this
12 Pages(3000 words)Essay
Let us find you another Essay on topic Strategic HRM for FREE!
Contact us:
+16312120006
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us