Importance of effective HR planning in the retail industry
Discuss about the Human Resource Planning In Retail Industry.
In the recent era, human resource planning in retail industry is very difficult to increase its edge through special products offerings. The paper discusses the significance of adequate HR planning in the retail industry. The two major variable assets in the retail sector are labor and inventory. The vital issues facing the retail industry is ascertained by knowing the degree to which HR planning and decision making process is centralized or decentralized. In various retail organizations it has been identified that their achievement of success is mostly dependent on the level of performance of the HR department. The articles presented will delves into the importance of HR planning and the challenges that are faced in the retail industry.
The main objective of the research is to identify the routes for attainment of the team goals through social as well as individual mechanism. The research work is dependent on qualitative analysis of annual reports, interviews and observation from the meetings held under the department team. The main findings of the analysis are to find the team goals attainment through leadership, customer services, team work and the work of the individuals. Both the social and individual mechanisms are needed to accomplish the team goals. The finding obtained from the research work emphasizes on the significance of social identity perspectives by combining collective and individual motivation together. The teamwork in the case department store is affected by the present non-participative conventions. Through practices participating employees can also be easily identified. The HRM practices involving employees and providing the team supervisors adequate power within the work organization. The limitation of this research is that it is mostly qualitative design that hinders the generalization of results. The originality and value of the study highlights the interrelation between the team level and individual level attributes within the retail sector. Thus, the perspectives required for social identity theory for analysis is proposed.
This study is applicable for the public sector, the findings obtained from the paper is useful for my study of retail sector because attainment of team goal is possible only trough effective teamwork. The practical implications of the study suggest that the line managers HR professional in the retail industry should be aware and support the team and its members to attain the goals of the organization. Proper knowledge of the procedure is required for the routes to attainment of the team goals at the shop floor level. I will further use these findings to achieve the desired goals through effective team work and performances. With the increase in performance management, the work in public sector has drastically changed. I would therefore set performance goals and work in teams to solve these developments. It would be better to properly understand the significance of goal settings in the public sector teams beforehand. It would be therefore crucial that these developments contribute to obtaining the public performances or not. There is a positive effect on the performance if the employees are involved in arranging the teamwork related with the organizational goals.
Critical factors affecting the attainment of team goals
Since the year 1990’s the performance level of the company is highly affected by effective working performance. Moreover, the focus of competition is slowly shifting from finances and products to that of talent management. It is also believed that in the retail segment if the star performers is managed and retained well, it would lead to generate strong competitive advantage for the organization. The paper will have magnanimous behavior and cost implications. The paper showcases that the companies in the recent times have gone a long way to engage their employees. This has also resulted in reducing the employee turnover rate to minimum limits against the rising industry standards. The research was done by choosing a sample of five major companies from the list of Fortune 500 best employers in the retail sector. This would lead to easily understand the process how competitive advantages were generated through human resources. In today times the business environment is forcing a paradigm shift in the role of the HR planning. The study is explanatory that examines the HR practices to attract and retain employees. Therefore companies have initiated new equilibrium related to offering package of special HR practices.
This research paper applies to the public sector as the findings are useful in my study of retail industry as the best HR practices are identified. These findings will also prove to be useful for me as ‘talent management’ is very significant especially in the retail organizations. Most of the organization in recent times has used cultures as an important element to make their employees hooked up to the company. All the HR functions are highly integrated with one another. The holistic approach is used and the organization also became conscious of taking these people that turned out to be their greatest asset and also proved to be bankable. The study analysis helped in determining that almost all the organization gives non financial and financial lucrative to its employees that are very similar in nature. The organization follows unique recruitment practices to cultivate employee loyalty and provide higher than average benefits and salaries. Another major finding that I obtained from the research is that one effective employee in the organization is equal to the three great person in the organization.
This given report aims to identify major critical factors that would lead in creating an effective strategic model. This would help in guiding the mangers for helping to improve the customer’s satisfaction level of the customers and controlling returns from the retail segment. Qualitative interviews were performed so that logistic managers within the industry can successfully develop reverse framework within the existing critical factors. The methodology for conducting the review process requires a problem driven content analysis. Reviewing the published studies from the year 2008 to 2015 was also conducted to determine major factors. These factors affect the reverse logistic decisions of managers. The findings obtained from the study facilitated a new insight on all reverse logistic and mangers decisions for obtaining successful reverse logistic management. In the retail industry, the mangers should lay more emphasis on the corporate benefits to add customer value and reduce costs. Reverse flow that is driven by motivation is a vital implication for managing all the logistic activities.
Best HR practices for employee retention and talent management
The paper discusses about the retail companies usually gets involved in the supply chain management to control timing, inventory levels and quality of the products. The supply chain management often includes dealing with the companies at an international level. The global supply chains are both technologically and logistically complicated in form. The findings from the paper it is acknowledged that in the retail industry and changing business environment, greater demands are placed on the retailers and how these products and services are delivered to their consumers in a very quick manner. In addition to this, the supply chain in the retail sector mostly consists of the various departments that vary from allocation of materials up to the fulfillment of customer services. The supply chain management within a retail organization should be convenient for customer and efficient satisfying process.
The main objective of the research is to survey about the responsibilities and role of managers so that attendance at the workplace can be managed efficiently. As the staffing levels gradually become leaner, the presence of the worker becomes a vital factor for the organization. Moreover, considering it into account would be necessary enough to acknowledge the capabilities of the mangers and their responsibilities within the retail industry. The research discusses consequences of lean retailing on the managers. The methodology used for the research work includes qualitative study related to grocery organization in UK by reviewing its case studies. The report provides interviews and analysis that aims to provide solutions for the various problems on the problem that is to be examined. The finding from the research reveals the presence of a centralized management system. This also showcased the involvement of line mangers in this process. However, this research helped the line mangers to develop tactics so that they could handle monotony and process inadequacy.. These somehow led to escape the control they were subjected to from the top-level management.
The paper is related to my chosen segment retail industry, therefore the paper helped in finding that the mangers were related to intensification, bureaucratic control and work degradation. The paper provides theoretical and practical consideration for the responsibilities of line management in the labor process that investigates their role for managing work. The research also contributes for the academic discussion that is related to the development of HR responsibilities to the line and also highlights the manager’s involvement in their policy. Moreover, increase in competition within the management sector in addition to the sophisticated control system put high pressure on the departmental mangers so that the labor cost are kept low. Based on the responsibilities listed above, it is quite clear that the role of line mangers plays a significant role in the overall performance of the organization. The line mangers in the retail organization directly influence the satisfaction level of employees and their engagement and as a result affect the firm’s productivity and customer satisfaction.
The objective of this article is to give detailed insight into the diversity management procedures in the Baltic States. This would also lead them to experience Human Resource Management practitioners for the connection of disabled people within the organization at a multinational level in the retail industry. The methodology used for analyzing the research was done by conducting personal interview with the HR managers of the organization. The issues linked with the relation of disabled people into the workplace by providing backgrounds for all motives and relevance in implementing such practices from the viewpoint of business perspectives. The major findings or challenges that are related with acquiring disable workforces are in various forms. This includes preparation of co-workers and managers to effectively work along with these disabled people. Moreover, attraction of disabled employees in the organization would be best if they are referred by their peers this lead in contributing a very positive development within the organization. In Baltic country, this issue is very common and hiring disabled employees is still a very rare practices. The research also provides effective recommendation for all the practitioners to hire disabled employees in the workplace.
The findings obtained from the research paper are very useful in the study of my retail sector because it helps in providing an effective practice case about the disabled people. In the Baltic countries diversity management within the organization is given a very limited attention . I will use these obtained findings in analyzing my retail sector as people with any kind of disability or health problem as they constitute to be a disadvantage among the labor forces in the region. The major cost related to the adjustment workplace and thus created a special position for which they employed. The research findings will further help me to effectively retain employees within the retail management. The challenges that could be faced by employing the disabled employee in the organization are that under the normal scenario, a candidate has also a proper understanding for the nature of workers. In future I would like to encourage individuals with disability to work for the retail firms. . It is often seen that the people with such disability are highly loyal employees.
Bhaumik, Pradip K, Panigrahi, Shrikant Krupasindhu, Kar, Foo Weng, Fen, Tan Ai, Hoe, Lam Kah, & Wong, Melvin. (2018). A Strategic Initiative for Successful Reverse Logistics Management in Retail Industry. Global Business Review,19(3_suppl), S151-S175
Chopra, Resham, & Chopra, Ashish. (2012). Innvovative HR Practices for Competitive Advantage: A Startegic Prespective. Journal of Organisation and Human Behaviour, 1(2), 32-38.
Hadjisolomou, A. (2015). Managing attendance at work: The role of line managers in the UK grocery retail sector. Employee Relations, 37(4), 442-458.
Ilona Buc I¯Unien E. (2010). Integrating people with disability into the workforce: The case of a retail chain. Equality, Diversity and Inclusion: An International Journal, 29(5), 534-538.
Janhonen, M., & Lindström, S. (2015). Routes to team goal attainment in retail. International Journal of Retail & Distribution Management, 43(1), 26-42.
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