StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

Human Resource Strategy and Productivity at Walmart - Case Study Example

Comments (0) Cite this document
Summary
The paper "Human Resource Strategy and Productivity at Walmart" aims to identify the strengths and limitations of Walmart’s “human resource strategy”. The founder of Walmart Sam Walton decided to address his employees as “associates” to symbolize that they are important to the company…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER97.7% of users find it useful
Human Resource Strategy and Productivity at Walmart
Read TextPreview

Extract of sample "Human Resource Strategy and Productivity at Walmart"

Download file to see previous pages The present paper has identified that the “Sundown rule“, which says that whatever can be done today, should be completed instead of delaying it for tomorrow. The employees, who used to give extraordinary effort and achieve the goals, were rewarded with “profit sharing plan and stock ownership scheme”. The employees who used to work for long hours were not paid by any overtime incentives. Walton opposed unionization, as he believed that it would lead to a payment of higher salary to the employees and would restrict their working rules. The policy of the company to make their employees work for long hours and paying them low gave rise to immense protest. The employees who used to work for long hours were not paid any overtime incentives. Instead they were rewarded by profit sharing and stock ownership. This policy needs to be reviewed because the modern workforce may not like this traditional policy. And secondly the belief that unionization will lead to reduction of productivity, may not be always true. Labor union tried several times to unionize the store but failed. The labor union fights for the right of the workers, or against any exploitation. The company apart from thinking about their own profit should also think about the worker’s right. The company should first create an attractive website that would contain all the product details with their unique features. The offers that the company is providing should be highlighted, to attract the attention of the customers. The company should provide special discounts on special products from time to time. Proper advertising should be done to allure the young generation. ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(Human Resource Strategy and Productivity at Walmart Case Study, n.d.)
Human Resource Strategy and Productivity at Walmart Case Study. Retrieved from https://studentshare.org/management/1792040-strategic-management
(Human Resource Strategy and Productivity at Walmart Case Study)
Human Resource Strategy and Productivity at Walmart Case Study. https://studentshare.org/management/1792040-strategic-management.
“Human Resource Strategy and Productivity at Walmart Case Study”, n.d. https://studentshare.org/management/1792040-strategic-management.
  • Cited: 1 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Human Resource Strategy and Productivity at Walmart

Human Resource Management Strategy

...? HUMAN RESOURCE MANAGEMENT STRATEGY Word counts: 2987 …………………………………….. College ……………………………. …………………………………………….. TABLE OFCONTENTS TABLE OF CONTENTS 2 Introduction 3 British Airways: Company Profile and Industry Analysis 4 Porter’s Five Forces Analysis 4 The HR Strategy of British Airways 6 High Performance Working as an HRM strategy 7 Salient Features of High Performance Work System 7 Basic Elements of High Performance Working 9 Major Elements of the High Performance Working in British Airways 9 Strategic ways for Meeting the challenge 13 Conclusion 14 References 15 Introduction Human Capital is perhaps the most powerful and high-valued asset of an organization since people within an organization not only depend on their own productivity...
11 Pages(2750 words)Essay

Human resource strategy

Based on the new developments in the business world, HRM strategies are also undergoing drastic changes at present. Earlier, HRM functions were labeled as personnel management. Later, it acquired the form of human resource management. Now instead of HRM, Strategic human resource management (SHRM) is gaining grounds in organizations of the modern world. The core of SHRM is to prepare the employees in accordance with the strategies of the organization. The integration of the employees in to the main streams of organizational activities is a modern day business strategy. Along with the expansion of human resource management or strategic human resource management, lots of ethical problems are also arising. When organizations move int...
10 Pages(2500 words)Essay

Human Resource Strategy

What is strategic human resource management? Strategic human resource management can be considered to be the capability of an organisation to ensure that it has the right mix of talent and skill in order to meet its business objectives (Armstrong and Baron, 2002, p. 42). Holbeche (2001, p. 13) highlights strategic human resource management as a ‘focus on implementing strategic change and growing the skill base of the organisation to ensure that the organisation can compete effectively in the future.’ SHRM involves the recognition of the internal intelligence available at all levels of the organisation and creating processes to draw upon this knowledge. Communication ‘is at the heart of these processes (Brewster, 2000, p. 153). Th...
20 Pages(5000 words)Essay

Human Resource Training Strategy

...? Business Table of Contents Organizational Strategy 3 Human Resource Training Strategy 5 Business Strategy 7 Reference 11 Bibliography 12 Organizational Strategy Organizational strategy is the basis on which organizations adapt to their business environments. Organizations have increasingly realized the importance of competitive advantage and how it comes with intangible, knowledge and capabilities, and the relationships created and generated by employees within the organization and rather from making investments in physical assets and access to capital. Organizational strategy therefore requires that all business units, support units and employees are aligned and linked with the business strategy. The most important management...
8 Pages(2000 words)Assignment

International Human Resource Strategy

The shreds of evidence are gathered with the help of strategic tools such as PESTLE analysis of Thailand which would be helpful in providing an inside into the fundamental human resources required and the potential candidates from within Thailand to fill the new job places. The human resource practices of Wal-Mart will also be evaluated with respect to the impact of the business environment on the global horizon. To support the shreds of evidence presented in the report, the author will provide theoretical background pertaining to international human resource management and see if Wal-Mart’s human resource function are in accordance with the international standards or are there any changes required in the strategic human res...
9 Pages(2250 words)Assignment

Human resource management strategy

...Human Resource Management Strategy Introduction The issue of human resource management in the modern world is a very serious one. After the economic crisis, businesses have to decide between giving their employees a raise and expanding their business. After the economic downturn is ceasing, many small businesses are now witnessing an increase in their revenues. However they have a dilemma, which is deciding between using these extra revenues to expand the business and increasing their employee’s salaries. The issue is that if they increase their employees’ salaries, they will not be able to expand and this may leave them weak in terms of business strategy. On the other hand, if they use the revenues to expand their business and fail...
3 Pages(750 words)Case Study

Human Resource Management strategy

... oriented to global markets and as the result, the personnel becomes culturally diverse. Having the right people on the right positions determines the organizational success. Ensuring the productive cooperation of multicultural individuals is vital for strategy accomplishment. If the company wants to succeed, having flexible, effective workforce is the first step to start with. Despite of the increasing need to implement strategic Human Resource Management, there are several concerns that challenge the transition from traditional to strategic functioning. Globalization has increased to need in well-educated, trained and flexible workforce and individuals possessing these skills have higher expectations in terms of recognition as well...
4 Pages(1000 words)Essay

Human Resource Strategy

...Introduction Best practice as a human resource and development strategy attempts to link two issues i.e. human resource strategies and competitive advantage. This perspective is founded on the belief that human resource and development strategies can cause employees to become committed and highly motivated towards their organisation. Consequently, such employees are expected to contribute towards improvement of the company's performance. Reward systems form a critical part of best practice policy because they still fall under human resource strategies. The organisation to be examined is John Lewis Partnership. This company is a worker co-op. It is one of the most exemplary companies when it comes to implementation of best practice...
11 Pages(2750 words)Case Study

Human Resource Strategy Formulation

Strategy formulation process Gathering information Strategy formulation is a process of selecting the best activities in anorganization which will lead to the realization of goals and objectives thereby achieving the organizations goals. The process of strategy formulation is divided into various steps. Gathering information is the first step of the formulation process. When starting any business, it is paramount to gather enough information in relation to the business being started (Robert, 2004). The strategy formulation process involves a lot of information which must be managed and organized well. This is a complex process which requires interaction of people and thousands of pieces of information. The information relates to c...
1 Pages(250 words)Research Paper

Human Resource Strategy

...Human Resource Strategy Introduction Wal-Mart is an American Multinational retail company. It has a large chain of departmental stores which provide high discounts. Wal-Mart is the largest company of the world in terms of revenue generation. The unique feature of this company is recession proof. Unlike many other retailers it is not much affected by economic downturns. The global retail company Wal-Mart focuses on improving the standard of living of the people by providing varieties of product and services at a low price. The company was founded in 1962 and till now it has expanded its business in 11,088 locations around the world. This customer focused company concentrates on its Human Resource Management very seriously. Wal-Mart pays...
4 Pages(1000 words)Research Paper
sponsored ads
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.

Let us find you another Case Study on topic Human Resource Strategy and Productivity at Walmart for FREE!

Contact Us