... 2014 Employee Motivation In this paper I will be discussing Wal-Mart and Southwest Airlines motivation for their employees. As you see in this paper the companies have implemented successful motivational plans but do not involve monetary reward/compensation for the employees. It is important for the companies to have more pros than cons to represent a great staff and to run a successful business. When you are fully motivated and productive you will have more people to feel the need to stay and work with your business for a long time. Since the relationship with the employee and the manger is the most important factor influencing engagement, the responsibility will fall on the management or leader to improve the motivational levels of his/her employees. Employee motivation is needed in all companies in order to have a successful business. Wal-Mart is a company that has been around for a very long time. This company has many employees around the United States. You cannot go any where with out seeing a Wal-Mart in some town. Motivation is alive through all levels of positions at Wal-Mart. This company motivates employees in many different ways in order to prove that the company is not only care about profit they can gain from employees but also employees’ crises. One of the facts proved about this motivation is the used of term “association” instead of “employee”. Being an associate for Wal-Mart myself for approximately three years, I can tell you first hand they...
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...Summary: Wal-Mart is the leader of discount retail stores in the United States. Opening in 1962, the company created its empire by providing low-priced goods to consumers (prices average 10% - 15% lower than conventional department stores). In the 1980’s, the company diversified its store options to include warehouse and supercenter stores. After the death of leader, Sam Walton, Wal-Mart’s new management team faces many challenges. With a stagnant economy and increased competition in the mid-1990s, Wal-Mart faced a staggering double-digit decline in share price in 1993 as growth began to slow down (Table 2). In order to sustain Wal-Mart’s competitive advantage as well as penetrate more growth, the following four suggestions can be considered: (1) increase the number of Wal-Mart supercenters, (2) expand international presence, (3) upscale the product line, and (4) decrease prices. I recommend a hybrid combination of (1) increasing the number of Wal-Mart supercenters and (2) expanding international presence. Analysis: Answer the discussion questions in the analysis. Bring in the game theory model. Thus, in order to sustain its position in the market place, as well as continue to grow, I assessed the following four recommendations: Recommendation 1: Increase the number of Wal-Mart supercenters Pros: By increasing the number of Supercenters, Wal-Mart can continue to compete with other discount retailers and grocery stores. After purchasing McLane foods, Wal-Mart...
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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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...Christopher Gallanty “Is Wal-mart good for America?” The Twenty-First century is about: low prices, convenience and quality when it comes to shopping. The “great” American superstore, Wal-mart has just about everything under the sun. From tires, groceries, hunting gear and electronics it is almost a guarantee you will find what you need while roaming any of their Eleven Thousand and counting, establishments. As Americans differ in economic standing, some see Wal-mart as the best way to keep afloat, yet on the other hand some beg to differ. There are some obvious cons and pros to this establishment, but PBS’s documentary surfaced some concerning facts that may change the mind of some and further validate their opinions. “Save money. Live Better. Walmart.” The current slogan Wal-mart has stuck to for the past seven years or so. Wal-mart generates the most revenue out of every company in the United States with Exxon Mobil in second. In the United States alone, Wal-mart employs 1.3 million people and over Two million worldwide. The great American superstore is a grocery market, auto shop, mall and electronic supplier all in one. When you come to Wal-mart you can expect: thousands of products, hundreds of people and the lowest prices around. Wal-mart has one business plan and executes is beautifully as one can see due to the fact they are America’s highest revenue generating company. Their business plan is better known as “push and pull”. Push and pull refers to the “pull”...
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...Proctor and Gamble D. Lewis University of Phoenix BUS/ 475- Integrated Business Topic Professor Cuccinello January 13, 2009 Proctor and Gamble Why did management at Proctor and Gamble allow the management to grow prior to Lafley? Proctor and Gamble has undergone costly restructuring. Upper management has forgotten that “Strategic management is defined as the set of decisions and actions that result in the design and activation of strategies to achieve the objectives of an organization” (Pearce & Robinson, 2005, p. 1). Proctor and Gamble has lost focus of their strategic management planning which involves maintaining the company’s mission and goals and looking at the company’s internal conditions and capabilities. The company became management top heavy. Lafley described this as been too invested in their employees. When a company acquires another company, one is also acquiring the other companies’ management team. Proctor and Gamble over the past century has acquired Folgers Coffee, Norwich Eaton Pharmaceutical, Richard- Vicks, Noxell, Shulton Old Spice, Max Factor and Iams Company. In 2005, Proctor and Gamble also acquired Gillette. No wonder the present management team had to eliminate 9600 management jobs. One of the ramifications of cutting...
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...Running Head: WAL-MART EXPANDS HEALTH BENEFITS Business Case 4 Human Resource Management Foundation – HRM 500 1. How well do you think Wal-Mart’s earlier, more limited health benefits supported the company’s overall business strategy? I feel Wal-Mart’s earlier, limited health benefits did not support the company’s overall business strategy because, in order for employees to want to work for a specific employer, employees must feel they are making a difference in his/her position. Employees must also feel that the organization is meeting some of their important needs. Employees place value in job satisfaction for example, employee earnings and benefits. ‘A job is the primary source of income and financial security for most people” (Noe. 2009, p.294). An employee expects a fair salary for the work he/she performs. If the employee feels his/her pay is not equal or comparable to others, who are doing the same job, can cause the employee to feel a sense of unfairness and dissatisfaction. An employee who feels the organization supports their individual needs are more motivated in displaying positive behaviors and working relationships. When an employee feels good about his/her employer it shows in his/her performance. Employees are more engaged in their position when the organization presents a pleasant working environment and opportunities for growth. One of Wal-Mart’s expectations of their employees is to provide superior customer service. Employees who are satisfied...
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...Problem Statement: Wal-Mart is one of the world’s largest companies and largest retailer in the world, with over 5,000 stores around the world and nearly 2 million employees there is no reason for this company not to be highly successful. Although Wal-Mart as whole is a highly successful company, they still have problems like every other company. Through Wal-Mart’s history they’ve encountered many obstacles and complications on the way to the top. Most of these problems have found a solution but Wal-Mart still has major and minor problems. Whether new problems or past ones still lingering, either way with a problem you must have solution. Especially with a multi-billionaire company such as Wal-Mart you want to be as efficient and eradicated of as much problems as you possibly can. Major Problem: Wal-Mart International In the highly successful world of Wal-Mart they face a problem most companies also have trouble conquering and that is going international. Wal-Mart International is a success in its own right, as it still is the world’s largest retailer but it’s just not successful on its own standards. Wal-Mart conquered North America with successful ventures in Canada and Mexico but not so successful in some countries over seas such as Germany and Japan. Wal-Mart expanded to Germany & Japan in the late 90’s and early 2000’s and for a long time was unprofitable in both regions. Whether its Wall-marts approach on new markets or forcing their culture too quickly, something...
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...do you think of Wal-Mart’s original standoffish public relations policy? (no public response to criticisms) Wal-Mart’s original public relations policy was largely ineffective for the size and scope of their public. Their silence allowed critics to publicly malign the company without any sort of defense from the company itself. To the public, the lack of response against these criticisms was as good as an admission of guilt, and the company allowed itself to become further vilified in the press. Public relations is meant to establish a company’s image in the minds of the public, and without any word from the company itself, the public had only a one-sided view that was presented by those who were against the company. This created a very bad public image, and caused a scramble to re-establish the company as a community store. Should Wal-Mart have done more offensive work in rebutting the statements made by its critics sooner, I believe that their image would not have suffered as much as it did. 2) Did it make sense to base a new public relations initiative on a management company audit and recommendations? I believe that this was a good move on the part of Wal-Mart executives to outsource the audit. The company was already viewed in a bad light by the public, whose minds had been filled with the criticisms of those opposed to Wal-Mart. Many of the accusations made centered on unethical policy-making and there was already an overall mistrust of Wal-Mart executives. Any...
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... In the decisions in paradise part I discussion, I clearly didn’t not describe the problem. The problem I foreseen was helping rebuild Kava to the once beautiful island it was. Wal-Mart’s goal was to help the people of Kava live better lives and save money. Wal-Mart also would help donate money and food to help rebuild the economy for the People of Kava. Wal-Mart’s presence in Kava would go through a series of decisions in order to make our presence successful. Decision-making is when we take our goals, find ways to implement them, and also make our goals achievable. There were many decision making process that we could have used in making our presence in Kava, however using the decision making that is most effective for a large corporation as Wal-mart would be rational style of decision making. Rational decision-making model “This is the most popular type of model and is based around a cognitive judgment of the pros and cons of various options. It is organized around selecting the most logical and sensible alternative that will have the desired effect. Detailed analysis of alternatives and a comparative assessment of the advantages of each is the order of the day” (decision-making confidence, n.d.). Using this decision making model was the most effective for a new company such as Wal-Mart. The Managerial departments would make the future decision whether it is based on warehouse and human resources. This would allow us to see how we would like our managerial and departments...
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...I. Introduction a. Thesis statement II. What is Domestic Partner explained by law a. Regional/State Laws b. Federal Law c. Defense of Marriage Act III. Cost Analysis of Benefits a. Cost to Employer b. Cost to Employee IV. Pros and Cons of offering Domestic Partner Benefits a. Employee benefits b. Company Gains V. Conclusion Wal-Mart (WM) is the largest retailer in the world and operates in all 50 states. Recently passed laws that allow same sex marriage couples to marry legally and this has caused the company to reevaluate its domestic partner benefit offerings. Studies done by the Human Rights Campaign (HRC) also show that 62% of fortune 500 companies offer domestic partner benefits to their employees. (Hoenig, 2013) Wal-Mart must continue to be at the front of employee relations and it will be necessary to cover all employees, regardless of lifestyle, in order to maintain those relations. It is important that we define what Domestic Partner is as defined by the government. The Office of Personnel Management states, "For purposes of ensuring consistent implementation of the President’s memorandum, a “domestic partner” is defined in OPM regulations (e.g. 5 C.F.R. § 875.213) as a person in a domestic partnership with an employee or annuitant of the same sex. The term “domestic partnership” is defined as a committed relationship between two adults, of the same sex, in which the partners— (1) are each other’s sole domestic partner and...
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...Case Analysis – Wal-Mart Wal-Mart was set up in 1962 in the US state of Arkansas by Sam Walton. Before opening Wal-Mart, Walton operated a franchise of the Ben Franklin variety store in Newport. His retail ventures proved quite successful, and most of the success came from his innovative business ideas. He3 bought products in bulk directly from manufacturers and offered them at lower prices to customers, which allowed him to gain a significant advantage over the competition. Walton also kept the stores open for longer hours than its competitors. Wal-Mart’s USP was providing a large variety of merchandise at low pries. Walton’s main focus was on establishing new stores in small towns. In 1977 Wal-Mart made its first acquisition by buying 16 Mohr value stores in Michigan and Illinois. He later purchased a shoe company and set up pharmacy and jewelry divisions and auto service centers. By 1980, Wal-Mart had 276 stores with annual sales of $1.4 billion and by 1984 the number of stores had increased to 640 with annual sales of $4.5 billon. In 1999 Wal-Mart became the largest private employer in the US. By 2005, Wal-Mart had presence in Argentina, brazil, canaada,china and 15 other countries including the UK. In November 2006, Wal-Mart announced that it had tied up with Bharti Enterprises to make its long expected foray into the Indian retail sector. By then Wal-Mart has already become the biggest retail chain and the second largest company in the world in terms of...
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...MANAGING TALENT: How Wal-Mart IS Setting Pay at the Top…and Bottom Monique Drawhorn Kaplan University MT203: Human Resources Management – 02 Maria Minor December 29, 2015 Introduction The compensation companies offer their CEO is far grater then the wages paid to the average employee. Wal-Mart is no different in that aspect. There are a wide variety of performance incentives a company can offer to its employees and higher echalons of the organization. The Human Resources department is responsible for communicating the company’s compensation packages. Review/Analysis of the Case There is a huge gap between the incentive pay a CEO receives and the incentive pay of low-level employees. Wal-Mart’s CEO, Mike Duke, in 2011 received a base salary of $1.3 million, $13.1 million in stock awards, and $2.9 million in cash bonuses. While the average Wal-Mart employee earns $12.40 per hour. On average a full time employee earns $25,800 per year. The low-level employee is eligible for quarterly and annual bonuses, health insurance, and matching 401(k). This massive pay gap is large due to the fact that a company’s CEO has such a huge impact on the company’s overall performance verses low-level employees. Companies need to develop incentive plans for executives, so that the executives stay commited and engaged in cultivating the companies success (Noe, R., 2013). How Wal-Mart’s store workers feel about the difference between their compensation...
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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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...Running Head: WAL-MART STORE INC Wal-Mart Stores Inc. Chrisp, Courtney; Richardson, Maria E.; & White, Sherri Leadership & Org Behavior GM591 Professor: Robert Churilla mariae.richardson@yahoo.com DeVry/Keller University Online 02/17/2013 Introduction Wal-Mart Stores Inc., founded by Sam Walton in 1962, is one of America largest discount department stores. Wal-Mart’s primary mission is to bring consumers high quality goods at a low, discounted price. Wal-Mart operates more than 8,692 retail units across three business segments of retail worldwide that offer a wide array of general merchandise, including groceries, apparel, electronics, and small appliances. In addition, the company is the world’s largest retailer and grocery chain according to sales volume and just over half of their sales comes from grocery items. Over 54% of the company’s stores are located in the United States, with the majority of international stores located in Central and South America, and China. (Jaeah, 2012). Wal-Mart was started in Rogers, Arkansas during the early 1960’s. Sam Walton traveled all around the country researching what consumers wanted in a retail store. When Walton first opened Wal-Mart he “built it under the foundation of honesty, respect, fairness and integrity”. Walton tried to create a culture that shared the same beliefs as he did. Out of his beliefs he chose the three strongest which he felt best suited his store: respect...
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...Amber Wells Ac 1010637 Assignment 7 English Comp II 7/7/2013 Online Shopping Vs. Traditional Shopping Humans have several different beloved past times such as sports, vacations and entertainment. One of the oldest and most enduring is shopping which encompasses shopping for necessity and shopping for pleasure. Advancements in technology have allowed humanity to purchase items online through the Internet. The purpose of this essay is to compare and contract shopping online to traditional shopping. At the end of the essay you can decide which method is best for you. Traditional and online shopping allow the consumer to view the items; however, not all online websites allow the consumers to get a panoramic view. Visual appeal is one of the important aspects of attracting potential buyers but if they can’t see the item from all sides this may hinder the purchase. Traditional and online shopping provides the consumer with information about the products. In the traditional arena the customer can talk with the sales clerk and get information about the products right in the store. Online the customer has at least three ways to collect information about the product: (1) product description, (2) product reviews and (3) toll free numbers to the customer service line associated with the websites. Traditional shopping and online shopping allow personal interaction; however, the levels are varied. Traditional shopping allows the consumer to build a relationship with...
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