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Management at Walmart
Published: 23, March 2015
1 Introduction
Human resource management is process of management of
people working in any company or organization. There is another term
used instead of human resource management is personnel
management
All the human resource management models emphasizes on following
important things:
searching new ways of working
role of manager in change making
managing the activities of employees
Human working capital is very important for success of the
businesses especially in service sectors. Human resources are one of
major costs part for any business, they always play very important role
in development which path company is adopting for success in
business. Correct and efficient management of resources and their
utilization is necessary for success of all businesses.
Practitioners of human resource management have developed a
modern view related to work management rather than previously set
of traditional philosophy.
In current competitive business world that is always dynamic
organizations have to keep them advance with the pace of
development in this changing environment. The division of work inside
organization aimed at completing tasks on time. Among all of the
important organizational departments is the department of human
resource management. According to some experts organizational
success basically depends on the success of human resource
department. This department has lot of value inside the organization.
Human resource management is well set, properly designed and
rational approach to any of the management work that
contributes to the achievement of set business objectives. In all
organizations human resource people have various functions.
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2 History of Walmart
Date of Wal-Mart
Most people know that most popular discount retailers started in 1962,
K-Mart, flat and Wal-Mart opened its first store. (Company, 2010)
actually started by Sam Walton of this work during the intense
competition of the 1950s many of the regional discount stores. Before
making the opening of its company Sam went to most of the parts of
country to learn things about the discount retail business. He
successfully convinced American consumers that he got the idea for a
new and compared to the old. With confidence and vision, Sam with
his wife Helen started the development of a major stake in the first
store in Rogers, Kmart has expanded rapidly in the 1960s, while Sam
was to get sufficient money for the development of 15 stores of WalMart. In 1972, business shares were offered to public in the New York.
With this combination of money, the company made growth in
business established its stores in 11 countries with number of 276
stores by the end of its first decade. In 1983, opened its first store
Sam Club Members Gallery. The early Supercenter was opened by
1988, featuring grocery store and other 36 departments for general
merchandise. By 1989, there were 1402 Wal-Mart Stores 0.123 Sam
Club sites. Increased ten-fold work. Its sales grown to $ 26 billion from
one billion dollar. (Milner, 2005) Today it have stores and sites
numbered 8747 in more than 15 countries of the world that have 2.1
million Associates and provides service to at least 176 million
customers in a year time.
staff with the right skills, knowledge and behaviors in the organization.
Workforce planning related to achieving this outcome, and any serious
link between business planning and development, recruitment and
retention, and staff training. Wal-Mart is much concern about this
issue, human resources and recruitment system and effective to deal
with their needs for this purpose and put the plan always. They
announced the vacancy correctly, a pre-assessment before engaging
in the selection process. They provide benefits to its employees and
facilities in spite of, is blamed for some time to Wal-Mart facilities
discrimination and ill-especially low-paid.
This layout is about the workforce and provides the opportunity to
work on long-term thinking about the relevant services in the future,
and needs, and explore all viable strategies. Thus, the central
planning for company work becomes important for the organizations.
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Wal-Mart, which is famous for retail in the U.S. A and the top retailers
in the U.S. market. Wal-Mart is the rapid growth in the awareness that
you make. According to the site Wal-Mart (Company, 2010) Wal-Mart
serves customers and members in more than 200 million times a
week in more than 8747 retail units under the flags of different
countries, 5515. With fiscal 2010 sales of 405 billion dollars, 2.1
million Wal-Mart is working partners all over the world.
Leader in sustainability, charitable companies and jobs, in first place
among retailers, Wal-Mart impressive in Fortune magazine as most
companies in the survey for the year 2010.
Wal-Mart has the status of these substances can also see that WalMart to buy large quantities of items from its suppliers to create
economies of scale, and inventory control with an effective system to
assist in making operating costs less than those of its competitors. It
is also many goods imported from China, "factory of the world" for its
low cost. In the word of the strategy at the level of the company from
Wal-Mart, the low cost strategy with a little insulation.
Wal-Mart managers and engage in three levels of strategic planning
(Gary Dessler, 2005) in the business, and corporate-level strategic
function. As for Wal-Mart, corporate and business level strategy to
drive low-cost.
From the perspective of performance management, to Wal-Mart has
very high standards and strict job titles. In career management, WalMart and also goes great efforts to reduce costs, and there are many
cases that women Su, Wal-Mart to its policy of discrimination against
women by systematically denying them promotions and paying them
less than men. There are women who have been paid to the
departments to lower FEMALE complain about unequal treatment of
male colleagues.
From the perspective of compensation management, has also
showed Wal-Mart human resources policies and activities of the very
aggressive to fit the "low cost" strategy. Wal-Mart imported $ 15 billion
worth of goods from China, but also Wal-Mart has some of the
factories in China, which branded products with the name of Wal-Mart.
We can see just how Wal-Mart's strategy of companies only
extensively with integrated human resources policy. Wal-Mart workers
in California to earn 31 percent less on average than workers in large
retail as a whole. In fact, with other operating costs that put it on the
highest level of inventory management, and managers must turn to
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