Posted on August 13, 1 Comment Wal-Mart aired its latest performance data today and revealed that, despite the recession, they have maintained profitability. Shining a light on Wal-Mart is kind of silly given that virtually no other organization in the world and most countries, for that matter are in the same league.
Public Domain Walmart Inc. The company is one of the biggest in the world in terms of organizational size, business value, and financial performance.
The firm ensures that its human resources are supported in satisfying business needs and expectations. Walmart considers how its activities, such as internal organizational processes, support its human resources.
For example, the company addresses its human resource planning and job design, and how these aspects contribute to high performance among employees. For example, HR planning takes place at the top management level of the corporate human resources department. However, the company is a large organization.
Each store has its own personnel responsible for HR management. As a result, each store translates the general human resource plan from the corporate HR department. The stores have varying interpretations of the corporate human resource plan.
In terms of forecasting, Walmart uses special software to automate the process of analyzing changes in the workforce. For example, the firm gets its employee or workforce data from its stores.
Through this forecasting system, Walmart forecasts possible future changes in the workforce, such as changes in HR demand per season or per region. In relation, in addressing the surplus or shortage of employees, Walmart uses its information system to determine which areas or aspects of the organization will face increased demand in human resources and which areas will have a surplus.
The HR plans specify the number of employees needed and the recommended schedules for increased recruitment, along with adjustments in related areas of the retail business. In this way, Walmart ensures adequate human resource support despite fluctuations in retail market conditions and corresponding business operations.
The company has a continuous process of hiring and training new employees. The continuity ensures that vacant positions are immediately filled.
The nonstop recruitment activity helps Walmart access the labor market to maintain an adequate supply of human resources to match changes in demand for employees at its stores.
This method involves interviews and surveys on applicants, employees and supervisors to determine issues and needs.
Thus, job descriptions at Walmart include those for sales personnel, sales supervisors, sales managers, and store managers, among others. A recommendation in this case of Walmart Inc. Employees can use these channels to give feedback to managers. Such higher accuracy can improve the outcome of HR managerial decisions and related business strategies.
These HR management methods in the recruitment strategy ensure a diversity of applicants. For instance, the online method allows the firm to reach applicants who are not near Walmart stores.
Referrals help the company get qualified applicants based on reliable referrers. It is recommended that Walmart improve its recruitment process through new strategies for global competitiveness of human resources.Wal-Mart believes they can take better care of the employee needs in terms of benefits and compensation and simply does not want any interference form a union.
The labor unions disagree on this matter as they believe all of. Business Process Perspective: Wal-Mart. Improvement in Internal Business Processes.
Leadership From the beginning, Sam Walton surrounded himself with the kind of people who had big ideas and weren't afraid to take risk and bring those ideas to life. Walmart has elevated and been guided by leaders like these, who constantly inspire us to achieve the next level of success.
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Documents posted on this page are provided to enhance public understanding of Wal-Mart’s policies and internal culture. We will protect the anonymity to anyone who wishes to provide information to us, including documentation of illegal activities or documents .
The in-house systems approach has been a source of competitive advantage for Wal-Mart. “Wal-Mart was a pioneer in applying information and communications technology to support decision making and promote efficiency and customer responsiveness within each of its business functions and between functions” (Ustundag, ).
Wal Mart internal business process has netted the company and their shareholder from BUSINESS BUS at Trident University International.