A Case Study on SHRM in Walmart
Company Background
Although employees at Walmart play an essential role in maintaining the competitive advantage and support it to compete it on a world-wide basis, but HRM policies and practices don’t favour its employees. Walmart is taking the cost leadership strategy as its corporate strategy and keeps up its upper hand through its satellite-based appropriation framework, and by keeping store area expenses to a minimum by putting stores on not so expensive land. Its low cost HR activities help in maintaining its competitive advantage.
The theoretical model of contingency perspective of “best-fit” seems most appropriate when it comes to HR and business strategy at Walmart as it ensures the vertical integration …show more content…
It is a privately owned brand. It was founded in 1834 by Charles Henry Harrod. The brand also includes other companies undertaken by the group by the same name. It reported revenue of £691 million in 2013 and a net income of £135 million. The departmental store has 12000 employees as reported in 2013. It is a name recognized all over the world. The store occupies a space of 20,000 metre square space (approximately 5 acre) and has over a million square feet of selling space in over 330 departments, making it the largest of its kind in …show more content…
It helps to focus on values and cultural fit rather than skills and experiences.
Retention:
As a co-worker, each employee is responsible for one’s own development, both professionally and as a person, with the support of the leaders and the organization. Also a mentoring system exists wherein every new employee is assigned a buddy in order to learn about the organization culture. Ikea supports work Life balance and diversity in the organization. It also provides flexible working hours and parental benefits to boost the morale of the employees.
Leadership Development: Ikea offers career opportunities to learn and grow in both local and global environments. It has programs for developing leaders such as international trainee program. The internal employees are encouraged to partake in ‘conscious leadership’, considering the implications of how they see the world on others. Also, they are assesses on their personal and shared values in order to ensure that the culture and core values of Ikea are preserved. Ikea has such a strongly culture driven philosophy that the actual practices are monitored from centre through inculcation of strong cultural and behavioural
Company Background
Although employees at Walmart play an essential role in maintaining the competitive advantage and support it to compete it on a world-wide basis, but HRM policies and practices don’t favour its employees. Walmart is taking the cost leadership strategy as its corporate strategy and keeps up its upper hand through its satellite-based appropriation framework, and by keeping store area expenses to a minimum by putting stores on not so expensive land. Its low cost HR activities help in maintaining its competitive advantage.
The theoretical model of contingency perspective of “best-fit” seems most appropriate when it comes to HR and business strategy at Walmart as it ensures the vertical integration …show more content…
It is a privately owned brand. It was founded in 1834 by Charles Henry Harrod. The brand also includes other companies undertaken by the group by the same name. It reported revenue of £691 million in 2013 and a net income of £135 million. The departmental store has 12000 employees as reported in 2013. It is a name recognized all over the world. The store occupies a space of 20,000 metre square space (approximately 5 acre) and has over a million square feet of selling space in over 330 departments, making it the largest of its kind in …show more content…
It helps to focus on values and cultural fit rather than skills and experiences.
Retention:
As a co-worker, each employee is responsible for one’s own development, both professionally and as a person, with the support of the leaders and the organization. Also a mentoring system exists wherein every new employee is assigned a buddy in order to learn about the organization culture. Ikea supports work Life balance and diversity in the organization. It also provides flexible working hours and parental benefits to boost the morale of the employees.
Leadership Development: Ikea offers career opportunities to learn and grow in both local and global environments. It has programs for developing leaders such as international trainee program. The internal employees are encouraged to partake in ‘conscious leadership’, considering the implications of how they see the world on others. Also, they are assesses on their personal and shared values in order to ensure that the culture and core values of Ikea are preserved. Ikea has such a strongly culture driven philosophy that the actual practices are monitored from centre through inculcation of strong cultural and behavioural