Saturday, July 27, 2019
Human Resources Development Essay Example | Topics and Well Written Essays - 1000 words - 1
Human Resources Development - Essay Example ge of branded products, ââ¬Å"backwards expansionâ⬠strategy (saturating the targetââ¬â¢s rural market first), innovative marketing strategy and most important of all, human resource management. Walton, from the very beginning, believed that happy and satisfied employees performed well and were responsible for happy customers. Wal-Martââ¬â¢s success in human resource management is keeping their workforce of 1.3 million or more from unionizing. In addition to that, Wal-Mart has achieved a very good retention rate of their employees and has also ensured discipline and uniformity in an organization that has been growing at such a rapid pace. Wal-Martââ¬â¢s distinctive human resource management policies can be listed and analyzed as follows: (1) Recruitment: In the realm of employee recruitment, Wal-Mart has targeted college students to add to their workforce.à Wal-Mart achieves this recruitment by fanning out over 80 college campuses. While they are at these colleges, they are also able to expand their demographics by looking at minority fraternities and sororities, which brings all types of people from different backgrounds, races, and genders together in the Wal-Mart family.à Having a wide variety demographic for a workforce, only serves to attract more people to seek employment with Wal-Mart because they are able to show that they have a very open hiring process. (2) Training and Development: Beyond recruitment, Wal-Mart has taken an additional step with college students by offering management training for college students while they are still in school so they are more developed and prepared upon their graduation. This program serves the purpose of making college students consider careers with Wal-Mart, and over the last few years, the program has had immense success.à The company is also highly committed towards employee development and improving their career prospects. It has a policy of recruiting more than seventy percent of its personnel in managerial
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