Research Paper (undergraduate) from the year 2016 in the subject Business economics - Industrial Management, grade: 88.2, Kenyatta University, language: English, abstract: This study puts into focus the key challenges of human resource development in Wal-Mart, the aspects of human resource development that the company does well, and the proper human resource development model that works better. All these considerations are aimed at providing various recommendations for the company. Presently, local and multinational organizations are considering the human resource as the most valuable of all assets that can provide a significantly sustainable competitive advantage in a rather volatile business environment. If a human resource in an organization is not effective in the provision strategic advantage, it becomes evident that the human resource management in the given organization is less ineffective in achieving its objectives. At the same time, human resource departments continue to consider the traditional roles of just looking at managing the workforce, recruiting, and training. Instead, current requirements indicate that such departments are also looking at providing a platform for meeting factors such as increased work-life balance of the employees with the aim of ensuring high levels of commitment, productivity, and satisfaction among employees. Human resource development involves several strategies and a set of intentional activities carried out by an organization with the aim of ensuring improved employee's skills, abilities, and the job know how. At the same time, employee development activities aim at directing these skills and abilities acquired by the employees for the benefit of the organization as pointed out by Gennard. The term also refers to the planned procedures and implemented strategies through which the human capital of the given business organization grows to people to the outcomes of developmental procedures. In every context, within this concept of human resource development, the existence of different dimensions of strategy, perspectives, contents, and process have been helping organizational strategists to avoid the unexpected consequences of poor practice and its impact on organizational performance. The founder and former CEO of Wal-Mart, Sam Walton is the greatest resource the organization has. Walton’s leadership model and the desire for success have been significant in taking the company towards the realization of its objectives. Despite his death in 1992, Walton’s contribution lives on within the company owing to his ideas of offering low prices and great service.

Sixty-three stellar academics, consultants, and practitioners look at the future of human resources The follow-up to the bestselling Tomorrow's HR Management (978-0-471-19714-0), this book presents an international panel of expert contributors who offer their views on the state of HR and what to expect in the future. Topics covered include HR as a decision science, understanding and managing people, creating and adapting organizational culture, the effects of globalization, collaborative ventures, and investing in the next generation. Like its bestselling predecessor before it, The Future of Human Resource Management offers the very best thinking on the future of HR from the most respected leaders in the field.

Written for both HRM majors and non-majors, Human Resource Management: Functions, Applications, and Skill Development equips students with the skills they need to recruit, select, train, and develop employees. Best-selling authors Robert N. Lussier and John R. Hendon explore the important strategic functions that HRM plays in today′s organizations. A wide variety of applications and exercises keep readers engaged and help them practice skills they can use in their personal and professional lives. The Fourth Edition brings all chapters up to date according to the SHRM 2018 Curriculum Guidebook; expands coverage on topics such as diversity and inclusion, AI, employee engagement, and pay equity; and features 17 new case studies on a range of organizations, including Starbucks and its response to the COVID-19 pandemic. This title is accompanied by a complete teaching and learning package. Digital Option / Courseware SAGE Vantage is an intuitive digital platform that delivers this text’s content and course materials in a learning experience that offers auto-graded assignments and interactive multimedia tools, all carefully designed to ignite student engagement and drive critical thinking. Built with you and your students in mind, it offers simple course set-up and enables students to better prepare for class. Assignable Video with Assessment Assignable video (available with SAGE Vantage) is tied to learning objectives and curated exclusively for this text to bring concepts to life. Assignable Self-Assessments Assignable self-assessments (available with SAGE Vantage) allow students to engage with the material in a more meaningful way that supports learning. LMS Cartridge Import this title’s instructor resources into your school’s learning management system (LMS) and save time. Don’t use an LMS? You can still access all of the same online resources for this title via the password-protected Instructor Resource Site.

Includes case studies of: Wal-Mart, Texas Instruments, General Electric, Avon, Saturn, Levi Strauss, Swiss Bank Corporation, Chrysler, Coca-Cola, Dow Chemical, Disney, Lincoln Electric, Aetna, Waste Management, Weyerhaeuser, Federal Express, UPS, PepsiCo, Grand Union, and Aid Association to Lutherans.

The concept of strategic human resource management has developed widely in the last couple of years, especially because of the impact of human resources on the competitiveness of organizations. The development of human resource strategies involves taking into account their multiple mutual dependencies and the fact that they must be vertically integrated with the business strategy. These strategies define the intentions and plans related to the overall organizational considerations, such as organizational competitiveness, effectiveness or image, and to more specific aspects of human resources management, such as resourcing, motivating, valuating, learning and development, reward and employee relations. Strategic management of human resources provides a large perspective on the way critical issues or success factors related to people can be addressed and how different concepts of strategic decisions are made, with long-term impacts on the behavior and success of the organization. The fundamental objective of human resource strategic management is to generate strategic capabilities by ensuring that the organization has the high-qualified, committed and well-motivated employees it needs to achieve and sustain the competitive advantage. The emergence of strategic human resource management (SHRM) is influenced by global competition and the corresponding search for sources of a sustainable competitive advantage. SHRM has achieved its prominence because it provides a means by which business firms can enhance the competitiveness and promote managerial efficiency. It facilitates the development of human capital that meets the requirements of a competitive business strategy, so that organizational goals and the mission of the organization will be achieved. The HRM system is defined as "a set of distinct but interrelated activities, functions and processes that are directed at attracting, developing, and maintaining (or disposing of) a firm’s human resources." Many agree that HRM is the most effective tool which contributes to the creation of human capital, and in turn, contributes to organizational performance and the competitive advantage. This book puts emphasis on understanding the role of HRM between organizations and people and provides an analytical approach toward encompassing HRM, employment relations, and organizational behavior. As a management discipline, HRM draws insights, models and theories from cognate disciplines and applies them to real-world settings. Further, this book discusses how current theoretical perspectives and frameworks (e.g., those related to strategic competitiveness, knowledge management, learning organization, communities of practice, etc.) can be applied by reflective practitioners to create an eco-friendly organizational culture.

This is the eBook of the printed book and may not include any media, website access codes, or print supplements that may come packaged with the bound book. A comprehensive and modern review of human resource management. Fundamentals of Human Resource Management covers a wide range of HR topics while also getting readers straight to the point on the importance of human resource management. Offering a wealth of functional examples and applications, this text emphasizes the notion that all managers need basic human resource management skills. This edition is the first text on the market to build its core around the talent management process–which the authors define as the goal-oriented and integrated process of planning, recruiting, developing, managing, and compensating employees.

As competitors strive to win the war for talent, effective human resource management is necessary to gain true competitive advantage in the marketplace. Three challenges companies face are sustainability, technology, and globalization. Human Resource Management 6th Edition brings these challenges to life by highlighting real-world examples pertaining to these issues and relating it to the concepts within the chapter. This best-selling McGraw-Hill/Irwin Human Resource Management title provides students with the technical background needed to be a knowledgeable consumer of human resource (HR) products and services, to manage HR effectively, or to be a successful HR professional. While clearly strategic in nature, the text also emphasizes how managers can more effectively acquire, develop, compensate, and manage the internal and external environment that relates to the management of human resources.

An award-winning journalist breaks through the wall of secrecy to reveal how the world's most powerful company really works and how it is transforming the American economy.

Fundamentals of Human Resource Management: Functions, Applications, Skill Development helps students of all majors build the skills they need to recruit, select, train, and develop employees. Bestselling authors Robert N. Lussier and John R. Hendon explore the important strategic function HR plays in today′s organizations. A wide variety of applications, self-assessments, and experiential exercises keep students engaged and help them see the relevancy of HR as they learn skills they can use in their personal and professional lives. The Second Edition includes 13 new case studies and new coverage of the agile workplace, generational differences, gamification, social media, and diversity and inclusion. This title is accompanied by a complete teaching and learning package.