...companies have a specific way of planning their organizations success. There are basic six steps of the planning process include 1) situational analysis (in which planners gather and analyze data), 2) alternative goals and plans (alternate goals and objectives that are broad based and designed to be pursued in the future), 3) goal and plan evaluation (assess advantages and disadvantages for proposed goals and plans), 4) goal and plan selection(managers select appropriate goals and plans for support to the organization), 5) implementation (managers and employees must understand plans to fully support and achieve certain goals), and finally 6) monitor and control (ensures plans are implemented properly). In the following I will analysis the organization of Wal-Mart. Wal-mart Stores, Inc. is one of the biggest chains of corporations when it comes down to department discount stores. Wal-mart is considered one of the leading public corporation according to the 2008 Fortune Global 500 (Fortune Global 500, 2007). Wal-mart was founded in 1962, and incorporated in October 31, 1969, by Sam Walton. Wal-mart is known for having stores nationwide as well as international one but with a different name. The steps of planning this organizations success have been followed though and thought-out very well so that the organization can have it’s success, not only for the companies own good but for the ones that brought it together. The Wal-mart companies were in corporate October 31, 1969. Thus...
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...Organization Paper MGT/330 Organization Paper The management function in an organization is usually related to effort, authority, and responsibilities of the management of that firm. Management motivates the employees within these organizations to work within a team environment. Management must organize the employees into teams that will accomplish the goals set by the organization. The development of an organization depends on having knowledge of the task and the right amount of human resources, assets, and monetary allowances. With over 7,000 stores around the country Wal-Mart is a major force in the retail industry. This includes Sam’s Club, Wal-Mart supercenters and warehouses in Canada and Mexico. Including both net sales and income increases from its operating stores, Wal-Mart is the world’s largest retailer. Among their primary products and service lines are their Electronics, Pharmacies, Appliances, and Gasoline sales (Hoovers, 2008). Physical Assets Wal-Mart includes physical assets within its organization that are developed in such a way that calls for them to utilize efficient methods in order to manage these assets. Such factors of its environment are quite evident in one example; its retail prices. This is important because if Wal-Mart was less efficient in managing its physical assets, more money would have to be spent, and profits, as a result of the lack in maximizing profits, would decrease, allowing its competitors to drive it out of the market...
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...Letter of Transmittal 10thJanuary, 2013 Mr. Tajuddin Ahmed Course Instructor, HRM-370, School of Business, North South University Subject:Case report on ‘Wal-Mart Stores Inc: Dominating Global Retailing’. Dear Sir, We are truly privileged to have you as our instructor in HRM-370: “Managerial Skills and Development” and we are pleased to inform you that, we have been able to meet the schedule to complete the case analysis on “Wal-Mart Stores Inc.: Dominating Global Retailing”. We have tried to employ our best knowledge to analyze the case as meticulously as possible and it sure had offered us the opportunity to enhance our knowledge in regards to HRM-370. Furthermore, if you have any queries about the case report, please feel free to ask any of the group members for further cooperation. Sincerely Yours, RonikaKarmaker | (ID#111 0750 030) | | TanjiaHaqueNirjhar | (ID#111 0137 030) | | Sunny Isnain Hassan | (ID#103 0692 530) | | Ankur Chandra Kuri | (ID#102 0831 030) | | SaifuddinZiku (ID#103 0157 030) ________________ Table of Contents Executive Summary 3 Background …………………………………………………………………………………..4-13 Needs Assessment …………………………………………………………………………..14 Main Issue ……………………………………………………………………………………….16 Internal/External Needs Assessment…...………………………………........18-29 Existing Arrangements.………………………………………………………………..24-36 T&D Plan …………………………………………………………………………………….37-42 Proposed...
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...CASE STUDY 10 | SHRM Table of Contents EXECUTIVE SUMMARY ........................................................................................................................ 2 ANNEXURE ............................................................................................................................................ 3 INTRODUCTION ................................................................................................................................... 9 INTRODUCTION TO THE COMPANY ................................................................................................. 9 QUESTIONS ......................................................................................................................................... 10 QUESTION 01: ................................................................................................................................... 10 QUESTION 02 ................................................................................................................................... 12 QUESTION 03 ................................................................................................................................... 14 QUESTION 04 ................................................................................................................................... 16 CONCLUSION.....................................................................................................................................
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...Improving Wal-Mart’s Employee Relations GM591: Leadership and Organizational Behavior April 20, 2010 INTRODUCTION The Organization that we selected as our topic of discussion in our Project Paper is the Wal-Mart Corporation. Sam Walton is the founder of Wal-Mart. He opened his first store called Wal-Mart Discount City in Rogers, Arkansas in July of 1962. Their corporate office is currently located in Bentonville, Arkansas. Wal-Mart Stores Inc. incorporated its stores on October 31, 1969. In 1972, they started selling stock on the New York Stock exchange. Although, though the company has had controversial operational business practices they have grown to be the largest Retail Corporations in the world. In 1997, Wal-Mart was able to become the largest private employer in the United States. In that same year, their annual sales totaled over $105 billion. In 2010, Wal-Mart has over 2.1 million employees worldwide. There 2010 fiscal year sales exceeded $400 billion dollars (Wal-Mart About Us, 2010). I have been a loyal customer of Wal-Mart for years. Therefore, I was shocked when I found out about some of Wal-Marts questionable unofficial policies through talks with friends and family members who worked for them in the past and some who currently employed by them. My mother in law worked for them from 2006 thru 2008. She was required to work 8-hour shifts without a lunch break on a regular basis. One of my cousins was required to clock out because...
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...1. What is the ethical dilemma facing Wal-Mart in this case? Do Wal-Mart’s associates also face an ethical dilemma? If so, what is it? Wal-Mart faces the ethical dilemma of Quality of Life. While there are many components discussed in the book that comprise quality of life, the one component most subject to violation by Wal-Mart would be Maintaining Boundaries. The flexible schedule system being implemented by Wal-Mart does have business value, but at what cost? Wal-Mart rationalizes the system by focusing on improving customer service. “Our main goal is to ensure that we have the correct number of associates in our stores needed to serve the customers shopping which we believe results in better customer service hour by hour” (clwill.com). The problem is that many associates of Wal-Mart have been affected by the flexible schedule in a negative way. The flexible schedule makes it difficult for employees to plan babysitting needs or prevents them from having Wal-Mart as a second or third job. That means workers may not know when or if they will need a babysitter or whether they will work enough hours to pay that month's bills. Rather than work three eight-hour days, someone might now be plugged into six four-hour days, mornings one week and evenings the next (Maher, Kris 2007). 2. What ethical principals apply to this case? How do they apply? There are two ethical principals that apply to this case for Wal-Mart. The first is the The Golden Rule, which states “Do unto others...
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...Business Model Comparison Name Institution Wal-Mart and Tarket Wal-Mart and Tarket are the two leading retail stores in the United States with a customer base of more than 100 million shoppers. The stores run their operations in different parts of the United States and their annual posting for revenue accounts for a significant percentage of earnings for retails businesses in the US (Zikmund & Babin, 2013). Together, the stores have a capital base worth billions in dollars. Over the years, the stores have engaged in stiff competition in trying to increase their customer base. The companies share commonalities for being the only retailing businesses that record growth in times of financial crisis. However, difference exists in the approach used by the management in running the operations of the stores. At Wal-Mart for instance, the administration is open to communication and they encourage employees to use of stratagems that increase profits at the company (Böhm, 2008). Tarket on the other hand uses similar strategies but they emphasize on satisfying both customers and the employees. Moreover, Tarket is inclined towards promoting high quality products that give consumers value for their money. For the past few years, the two companies have been engaging in stiff competition in trying to outwit each other by using modern techniques in running their operations (Böhm, 2008). In a bid to entice customers, Walmart have been offering bargain on prices for their commodities...
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...| Wal-Mart Employee Retention | What can be change? | 5/3/2013 Contents Abstract 2 Introduction 2 Factors that make employees leave and organization 3 Factors that can retain employees within an organization 4 Wal-Mart 4 Strategies to help with Retention 6 Conclusion 7 References 8 Abstract Employees are valuable assets and retaining employees can be challenging and is a critical issue. Employee retention is a very important part of any organization. There are many problems that cause the turnover rate in the Wal-Mart organization to be very high. This document will show the different factors that cause the turnover and why they leave to seek other employment. It will also provide methods that will improve and lessen the high levels of turnover in this organization. By improving the retention of the organization, in turn it will obtain the employee satisfaction, increase performance, productivity, and quality of work and increase the brand recognition. Introduction Employee retention is a major issue within many organizations that the human resources have to deal with on a daily basis. It is both beneficial to the organization as well as the employee. “Employee retention refers to the various policies and practices which let the employees stick to an organization for a longer period of time.” (Management Study Guide) Many organizations invest time and money to train employees. Whenever an employee decides to leave an organization...
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...! ! ! !!!!!!!!!!! ! ! Did Wal-Mart Wake Up? How Strategic Management Handled Wal-Mart’s Reputation [ABSTRACT] The nation’s largest private corporation and retail giant Wal-Mart has faced multiple opposition from labor unions, grassroots organizations, religious groups, and even from its own employees, impacting its corporate reputation and ultimately its bottom line. This case study will demonstrate the strategic communication Wal-Mart used for its corporate reputation management (CRM). In particular, the case describes the company’s response to criticism regarding its current business policies and practices. Table of Contents Introduction………………………………………………………………3 1. Company History……………………………………………………..5 1.1 Wal-Mart’s Early History: 1960s to 1970s…………………………….5 1.2 Wal-Mart Expands and Goes International: 1980s to 1990s…………...6 1.3 Attack of the Advocacy Groups: 2000 to present……………………....7 1.4 Repercussions…………………………………………………………...8 2. The Issue: Employee Relations and Workers’ Rights…………………9 3. Opposition…………………………………………………………….10 3.1 Labor Union-Funded Groups…………………………………………...11 3.2 Gender Discrimination………………………………………………….12 3.3 Wal-Mart: The High Cost of Low Price……………………………………..13 4. Wal-Mart’s Response……………………………………………………15 4.1 Response to Labor Union-Backer Groups………………………………...16 4.2 Response to Gender Discrimination Lawsuit……………………………..17 4.3 Response to Greenwald’s Film……………………………………………18 4.4 Wal-Marting Across America: Jim and Laura’s...
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...! ! ! !!!!!!!!!!! ! ! Did Wal-Mart Wake Up? How Strategic Management Handled Wal-Mart’s Reputation [ABSTRACT] The nation’s largest private corporation and retail giant Wal-Mart has faced multiple opposition from labor unions, grassroots organizations, religious groups, and even from its own employees, impacting its corporate reputation and ultimately its bottom line. This case study will demonstrate the strategic communication Wal-Mart used for its corporate reputation management (CRM). In particular, the case describes the company’s response to criticism regarding its current business policies and practices. Table of Contents Introduction………………………………………………………………3 1. Company History……………………………………………………..5 1.1 Wal-Mart’s Early History: 1960s to 1970s…………………………….5 1.2 Wal-Mart Expands and Goes International: 1980s to 1990s…………...6 1.3 Attack of the Advocacy Groups: 2000 to present……………………....7 1.4 Repercussions…………………………………………………………...8 2. The Issue: Employee Relations and Workers’ Rights…………………9 3. Opposition…………………………………………………………….10 3.1 Labor Union-Funded Groups…………………………………………...11 3.2 Gender Discrimination………………………………………………….12 3.3 Wal-Mart: The High Cost of Low Price……………………………………..13 4. Wal-Mart’s Response……………………………………………………15 4.1 Response to Labor Union-Backer Groups………………………………...16 4.2 Response to Gender Discrimination Lawsuit……………………………..17 4.3 Response to Greenwald’s Film……………………………………………18 4.4 Wal-Marting Across America: Jim and Laura’s...
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...! ! ! !!!!!!!!!!! ! ! Did Wal-Mart Wake Up? How Strategic Management Handled Wal-Mart’s Reputation [ABSTRACT] The nation’s largest private corporation and retail giant Wal-Mart has faced multiple opposition from labor unions, grassroots organizations, religious groups, and even from its own employees, impacting its corporate reputation and ultimately its bottom line. This case study will demonstrate the strategic communication Wal-Mart used for its corporate reputation management (CRM). In particular, the case describes the company’s response to criticism regarding its current business policies and practices. Table of Contents Introduction………………………………………………………………3 1. Company History……………………………………………………..5 1.1 Wal-Mart’s Early History: 1960s to 1970s…………………………….5 1.2 Wal-Mart Expands and Goes International: 1980s to 1990s…………...6 1.3 Attack of the Advocacy Groups: 2000 to present……………………....7 1.4 Repercussions…………………………………………………………...8 2. The Issue: Employee Relations and Workers’ Rights…………………9 3. Opposition…………………………………………………………….10 3.1 Labor Union-Funded Groups…………………………………………...11 3.2 Gender Discrimination………………………………………………….12 3.3 Wal-Mart: The High Cost of Low Price……………………………………..13 4. Wal-Mart’s Response……………………………………………………15 4.1 Response to Labor Union-Backer Groups………………………………...16 4.2 Response to Gender Discrimination Lawsuit……………………………..17 4.3 Response to Greenwald’s Film……………………………………………18 4.4 Wal-Marting Across America: Jim and Laura’s...
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...of Topic Wal-Mart is headquartered in Bentonville, Arkansas and founded by Sam Walton in Rogers, Ark in 1962(Walmart. (n.d). In Wikipedia). When Wal-Mart first opened its doors they would open in rural areas thereby avoid competition from the current retails giants Sear and Kmart (Britannica.(n.d). In Britannica). As they began to grow they began adding different business models to their portfolio. In 1983, they added the discount warehouse of Sam’s club. In 1988, they added Wal-Mart Supercenters thus adding groceries to their portfolio making them one of the largest grocers in United States. Wal-Mart is an organization that is seen as one of the most successful groups in the world (Fortune, 2015). They are known for their low cost low price motto thus paying their suppliers and employees the lowest wages possible. They perpetually pay their employees less wages compared to other large retailers. One of the reason is their stong stance against employees being unionized (Britannica.(n.d). In Britannica). They are also known for going into urban area and forcing local merchants out of business since they can’t compete with the retail giant Research Questions 1. Why does Wal-Mart choose to practice a low prices motto for both supplier and employees? 2. Why women employees at Wal-mart are not able to climb the corporate ladder? 3. Why Wal-Mart has an Anti-Union Stance? 4. How Wal-Mart exploits employees? Rationale and Reasoning Organization Behavior...
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...Literature Review Assignment RES/320 Foundations of Research April 4, 2011 Executive Summary The literature review essay attempts to assess secondary information sources on the aspect of customer satisfaction within the Wal-Mart Corporation. The problem statement clarifies the operations of Wal-Mart in which the company undertakes measures in maintaining a large customer base, excellent products and services, and a satisfied stakeholder foundation. The main body of the literature review commences with a quick history of consumerism and customer satisfaction and the effects of proper implementation. Various secondary sources examine survey and questionnaire reliability, deciphering such information, along with the positive and negative effects of proper evaluation of said questions. The essay shifts to customer satisfaction within The Wal-Mart Corporation coupled with opinionated and factual information on the corporation’s efforts concerning research and execution of the survey outcomes. Entailed in the literature body is an examination of internal factors such as Wal-Mart’s facts and figures, statements from the founder of the company Sam Walton, and details from store surveys. External factors include an outside perspective of Wal-Mart into the company’s research design, proper use of surveys, sources on research and how properly to conduct sound questionnaires. The research design entails qualitative phone surveys, written surveys done at the store...
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...respectively). Over the next 65 years, Wal-Mart grew to be the largest corporation in the United States with over 5,000 stores and a staggering 1.2 million employees. In fact, Wal-Mart’s staff accounts for 1% of the United State’s working population (Blodget, 2010). Unfortunately, such an enormous presence, combined with negative reviews, has turned Wal-Mart into the country’s most hated retailer of all time (Picchi, 2015). As such, Wal-Mart is constantly investigated, scrutinized, and sued. The following essay analyzes Wal-Mart’s effect on local communities and the corresponding implications the effects may have. In this essay, a community is defined as the combination of local businesses and people surrounding a Wal-Mart store. The analysis is divided into three Parts. Part 1 analyzes Wal-Mart’s effects on local businesses. Part 2 analyzes Wal-Mart’s effects on local populations. Both Part 1 and Part 2 suggest the potential organizational/ethical implications associated with Wal-Mart’s perceived effect. Lastly, Part 3 outlines potential solutions to Wal-Mart’s problems. Part 1: Effect on Local Businesses Wal-Mart reduces the number of small businesses within a community. According to a Hunter College study, local discount stores’ sales decline an average of 10-40% after a Wal-Mart moves in (De Blasio, 2011). As a result, many of the affected companies go out of business or move locations. For example, in 2006, after a single Wal-Mart opened in Chicago, 27% of small businesses...
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...Analysis and Recommendations Introduction – Wal-Mart, founded by Sam Walton in 1962, is one of the world largest companies by market capitalization and number of people employed and touching millions of customers everyday. There are more than 7,800 Wal-Mart stores and Sam’s Club locations in 16 markets worldwide and there are more than 2 million associates serving more than 100 million customers per year (About Us, n.d.) It is the largest grocery retailer in the United States with an estimated market share of around 20% of the retail grocery and consumables business. To be able to efficiently operate such a complex operation at such a large and do it consistently would only be possible by the huge effort by Wal-Mart’s ‘associates’ as its employees are called. This papers looks at the human resources practices of Wal-Mart with a special focus on group and team behavior, leadership, conflict and negotiation, human resource practices and organizational culture and diversity within the company to understand them and also provide some recommendations to make them better in the future. Analysis of various HR related areas of Wal-Mart – One of the reasons why Wal-Mart has been so successful and scale up its model across so many locations is the values and beliefs established by its founder and the customer centric culture that is replicated across locations. The company right from the time of its inception has a clear mission which is to save its customers money and enable them to...
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