Factors Affecting Human Resource Management In International Markets Persuasive Essay Example
Wal-Mart Inc. is a global retail giant.
Sam Walton established Walmart in 1962 and it was officially incorporated in 1969, making it the biggest retail enterprise in the US. With approximately 4,750 stores and a staggering number of roughly 138 million weekly shoppers, Walmart dominates about 20% of the retail grocery market and around 45% of the retail toy industry.
Expanding into rural and urban areas of the United States has significantly increased Wal Mart's customer base. Approximately 82% of American households purchase products from Wal Mart annually, and the company is responsible for importing nearly 10% of goods from China to the U.S.
Wal Mart has a vast market and trades numerous goods on a daily basis, resulting in a substantial workforce of roughly 1.9 million employees as of 2007. Thus, an efficient human resource department is crucial to maximize company benefits while also tending to employee welfare to boost their mo
...tivation for delivering quality customer service.
(www.smartbrief.com/news/NAODS/companyDate). I've been with the company for a significant duration, ten years of which were spent in the human resource department.
As the company director, I plan to share my strategies for enhancing and expanding the business. One crucial aspect that demands focus is Strategic Human Resource Management which centers on managing personnel and acknowledges their significance in maintaining competitive sustainability. To guarantee employee proficiency, training initiatives will be introduced to familiarize them with the company's tactics and reinforce their enduring allegiance towards the organization.
The organization's performance can be enhanced by fostering a culture that encourages workers to be creative and provide distinctive services compared to competitors. Although it may take time to instill this culture, it will eventually establish a traditio
that improves competitiveness. To achieve this, I plan to involve the human resource department in various company activities, such as employee recruitment, selection, training, and rewards. These activities should be conducted in consultation.
As a director, my duty is to involve all stakeholders in formulating and implementing strategies by collaborating and brainstorming. The decisions taken will provide a strong foundation for the company's prosperity. Meeting or exceeding objectives within time constraints is crucial for successful strategy, surpassing those of other branches across the nation.
My suggestion is to work together with human resources in order to prioritize long-term initiatives that are in line with our overall objectives. Strategic management of human resources entails recognizing and addressing any barriers that could negatively affect the company, both internally and externally. Additionally, it is essential to take into account potential obstacles from other departments within the organization that may impede the success of human resources.
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