HRM and Organizational Turnaround at Selfridges & Co Coursework - 1

HRM and Organizational Turnaround at Selfridges & Co - Coursework Example This paper illustrates that the Selfridges Ð ¡ompany was originally a part of the ‘Sears Group’ and was described as the personification of another organization called Grace Brothers after acquiring of an old-fashioned, stuffy image in 1980 and 1990s. However, the organization failed to grow stronger because of the lack of logistics support, lack of knowledge about supply chain relationships, minimum use of technology and an extremely hierarchical and complicated organizational structure. The company underwent rapid transformation since 1990 when the new chief executive Vittorio Radice was born. With this, the original management team was replaced by a new senior management team. This management team was responsible for the creation and implementation of new HR practices and policies which will be discussed in the project. Special emphasis would be provided with regards to the management and leadership styles in Selfridges and the role played by the team leaders of the organization for making it successful. Selfridges was established in the Oxford Street on the 15th of March, 1909 with the focus on department stores and retailing institutions. The history of the company is unique because of the history and background of the company. It began as a small shop which was designed to become a departmental store. The organizational culture of the company was such where decisions were primarily taken by the management and leaders; however, they were designed to bring the maximum benefit to the employees. The company had the vision of emerging as the most exciting and best chain of departmental stores in Europe. This would be done by meeting the requirements and needs of customers through the delivery of the best quality of services and the development of the maximum operational efficiency. HR policies and procedures at Trafford Parks Recruitment At Trafford Park, the maximum responsibility, and authority were provided to the HR department. They even had the complete autonomy to create its own HR policies and procedures. The opening of the store was done with the recruitment of 650 numbers of staff and their training as well. Candidates were recruited on the basis of their knowledge about the company’s product and their abilities to create a relationship with their customers and building bonds with them by gaining their loyalty. Candidates with experience in retail were recruited. However, very few of the candidates were transferred from London. A critical analysis of the situation reveals that the recruitment procedure was not sound as many people were not able or willing to adapt to the new human resource procedures in the organization. It is important that the recruitment procedure is sound in order to ensure that the right kind of staff is selected who can contribute to the organization effectively.

To identify an innovative human resource management practice or Essay

To identify an innovative human resource management practice or program - Essay Example The work that follows highlights problems solved by giving compensation and benefits to employees and its importance. Issues addressed by compensation and benefits Benefits and compensation are some of the important methods of motivating workers in an organization or a company. Due to high competition in the job market, employers seek to maintain their employees (Grobler 24). The award of benefits and compensation by employers to their employees saves them a number of problems. First, it saves the organization loss of employees because an employee cannot go for another job (Sims 458). A company that lacks good motivation to its employees will always look for more employees to replace those that have left the company due to unfavorable working conditions. An employee will always admire to work under better terms of service. Secondly, it saves poor production. This is because there will be enough workforce for the particular fields in the organization. Poor production will only result in an organization where there is no recognition on the importance of the work done by employees (Kleynhans 59). It is only that organization that gives motivation to its workers through giving benefits and compensation that will succeed it solving this problem. Poor production leads to poor achievement or profits. Poor quality of the products will always lead to poor sales in the market. This also leads to high losses incurred by the organization due to lack of recovery of the expenses incurred in the production process after sales (WorldatWork 451). Thirdly, it reduces competition on the company’s products (Kleynhans 35). If the employees leave and have the ability to start their own companies, they will, and this will give competition to the organization from which formerly employed them. If the employees are unable to start their companies, they will look for employment in other companies in the same field, which offer better terms of service. Due to the increased demand for labor force, the workers prefer the company that offers fair terms (Grobler 85). This promotes production due to enough workforce and motivated workers. Compensation and benefits saves a company of bad reputation. For example if an organization abruptly terminates a worker’s employment is and there is no compensation, definitely, the worker would not be happy with the treat given. This tarnishes the organization’s name, and as long as employers still flock the market looking for employment, they will not wish to work in an organization that treats workers unfairly. Reputation is a virtue that is very vital in the business line. If the is spoilt, the organization goes on low production due to lack of workers (Kleynhans 237). Compensations also save a company from court cases. Court cases emerge for instance when an injury occurs to an employee in the line of duty and no compensation. The worker may look for a personal lawyer and sue the company to court (Grobler 88) . On the contrary, if the company awards compensation to workers incase of emergencies like these, the program will save the company time, because of all the processes undergone in processing the cases and pursuing them in court and saves finances accompanying the court cases. Suing a company in court leads to decline in the production progress, as many activities will slow down due to lack of the personnel involved in the process, and the finances used in processing the