Professional Documents
Culture Documents
Khadkhad Darshil
Bhatia Ashish
Kurmi Amitkumar
Khelani suraj
• Retailing is a set of business activities that adds value to the
products and sold to consumers for their personal or family use.
• Retailing may include subordinated services, such as delivery.
• Purchasers may be individuals or businesses.
• A "retailer" buys goods or products in large quantities from
manufacturers or importers, either directly or through a
wholesaler, and then sells smaller quantities to the end-user.
• Examples of retailers are : Pantaloons, Big Bazaar, Westside,
Wal-mart, Marks & Spencer etc
Organizational
Organizational Consistency Environment
Environment
Strategies
Strategies
Fit Fit
Consistency
Consistency
Improved
Improved
HR Strategies Firm
Firm
Performance
Performance
Fit Fit
Organizational
Organizational Organizational
Organizational
Characteristics
Characteristics Consistency Capabilities
Capabilities
Business Common Organizational
Strategy Characteristics HR Strategies
Overall • Sustained capital • Efficient production
cost investment • Detailed work planning
leadership • Intense supervision of • Emphasis on technical
labor qualifications and skills
• Tight cost control • Emphasis on job-specific
• Low-cost distribution training
system • Emphasis on job-based
• Structured organization pay
and responsibilities • Use of performance
• Products designed for appraisal as a control
ease in manufacture device
Business Common Organizational
Strategy Characteristics HR Strategies
Differ- • Strong marketing • Emphasis on innovation
entiation abilities and flexibility
• Product engineering • Broad job classes
• Strong capability in • Loose work planning
basic research • External recruitment
• Corporate reputation for • Team-based training
quality or technological • Emphasis on individual-
leadership based pay
• Amenities to attract • Use of performance
highly skilled labor, appraisal as
scientists, or creative development tool
people.
One of Wal-Mart's key objectives is to create an "even better place to
work”.
Wal-Mart's four "key deliverables" in the HR arena: strategy
execution, administrative efficiency, increasing associate engagement
and commitment, and change management.