Preview

HRM530 wk 3 Alignment of HRM and Busi

Better Essays
Open Document
Open Document
1075 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
HRM530 wk 3 Alignment of HRM and Busi
HRM530: Strategic Human Resource Management
Strayer University
Professor Bagher Fardanesh
October 26, 2014

Introduction J. C. Penny Company, Inc. was founded over 110 years ago on the principle of treating customers fair and square, the way in which James Cash Penny wanted to be treated. Today the company is still rooted in its rich heritage by transforming the way in which it does business and its customer experiences. Customers receive straight forward pricing, exceptionally curated merchandise, and unmatched customer service (HR.com, 2014).
Propose how you would ensure the HR strategy is in alignment with the business strategy. The business strategy for JCPenney is to make it easier for shoppers to do price comparisons while they shop. The sales tags displays the “suggested price” alongside the “retail price” to show the value in the merchandise. The company has stopped its coupon rule and provided month long promotions (Lutz, 2012). The low price strategy does not seek to undercut competition but offer more predictable and stable prices and provide customer satisfaction. The HR strategy is to coach employees and make JCP a great place to work. JCP has attracted graduates from premier design and retail schools to work for the company. The company has invested heavily in executive education and leadership training for its managers. The chairman and CEO believes that there is a correlation between engaged associated and store profitability. The associates are the first customers to sell. If it does not ring true to them, then it is impossible to communicate and inspire the customers. To ensure the HR strategy is aligned with the business strategy, the company has to be customer-focused. Also build a process of grooming leaders and providing ongoing training to all employees to make them feel they could build careers in the company. Describe the HR job positions and the responsibilities listed for that HR department. The success of JCP

You May Also Find These Documents Helpful

  • Best Essays

    Jcpenney vs Macy's

    • 5166 Words
    • 21 Pages

    The industry we have chosen is the department store-retail industry. Within this industry, we have chosen the department stores of JCPenney and Macy’s. We find this industry, as well as these two companies, interesting from a strategic perspective. JCPenney has recently undergone a massive strategic restructuring in regards to its pricing, brand offerings, and store layout, pushing it away from the typical department store strategy of discounts and coupons. Its new strategy has become much closer to Wal-Mart’s strategy of every day low prices. Macy’s, on the other hand, has restructured with a push from the economic environment to offer higher-end, localized products that you cannot find anywhere else. Our team has come to realize through internal and external analyses that Macy’s has come up the stronger of the two models. They have created competitive advantage through strong relationships with suppliers, differentiating their new product lines, and localizing for consumer needs. Though every day low cost is a great idea and could be catchy with consumers, JCPenney has failed to convey their new objective correctly. They lost touch with the end consumer and will have to catch up in that sense to gain back some ground. It was interesting to analyze and evaluate the new differences between the two department store’s strategies, as well as establishing which has gained the competitive advantage.…

    • 5166 Words
    • 21 Pages
    Best Essays
  • Good Essays

    JC Penny case

    • 461 Words
    • 2 Pages

    JCP stores. In doing so, JCP has positioned itself to serve a wider range of consumer’s wants…

    • 461 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    This case study about J. C. Penney Co. is about how a company is endeavoring to increment profitability by attracting the best assets in business and customers. Lowering prices, marking down prices, and offering standardized products rather than unique and “designer” (Case Study, pg. 2) product are what this company's strategy is all about.…

    • 54 Words
    • 1 Page
    Satisfactory Essays
  • Satisfactory Essays

    HR planning should be focused on helping the organization achieve its strategic intent, which derives from its vision. These strategies need to both service the short-term, operational concerns (business planning) and the slightly longer-term strategic (business/corporate planning) cycle. Select a company you are familiar wi...…

    • 658 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Mhc Case Study Essay

    • 442 Words
    • 2 Pages

    .In the case we have study the relationship among competitive strategy and both theHR and HRD functions at Multistate Health Corporation (MHC).if we talk about MHC in themarket is becoming much more competitive while products and services are rapidly changingenvironment as far Mitchell said. “Our competitive strategy is for the big picture and the longterm. If these HR issues are going to be a problem, we have to fix them right away.” So the netshell is company is following the…

    • 442 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    According to Martis-Olivo, a retail analyst for Thomson Reuters, JCPennt’s sale performance is poor compared to Macy’s in 2011. Although Macy’s offers less discount and promotion, it posted a much stronger same-store sales average. Consumers now think department stores usually offering items at high prices, then offering discounts or coupons, so use such discount or coupon promotion to attract sales is not as much efficient as before. Furthermore, internet sales are jump up significantly in recent years due to the lower price and more convenience. So JCPenny’s new marketing strategy is launched in time to tackle these challenges. The “everyday” pricing is about 40% off 2011’s retail price without discount or promotion, which will give the consumers better value products to increase the chances that consumers will visit more and purchase more because of the lower prices. The “month-long values” on specific items, which will also keep the customer mentality from waiting for additional price drops, and this will also attract consumers come to the store more frequently, instead of only come into the stores when promotion. Finally, the “best price” pricing on the first and third Fridays of each month will help the stores to clean up their piled up inventories to avoid additional carrying…

    • 675 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Case Study: Jcpenney

    • 631 Words
    • 3 Pages

    Many customers that go to JCPenney stores are loyal customers that enjoyed the store how they were did not like when they changed. The prices had risen and the deals were not as good. Customers only tended to come when it was a big sale or they were looking for something specific. Not only did “Fair and Square” affect the customers but it affected the stores. EDLP was the cause for JCPenney.…

    • 631 Words
    • 3 Pages
    Good Essays
  • Good Essays

    HR Professionals must understand the business and culture for which they serve and the HR strategy must be aligned to this.…

    • 986 Words
    • 4 Pages
    Good Essays
  • Better Essays

    3HRC Report

    • 1086 Words
    • 4 Pages

    By utilising the HR department a business can not only improve current business performance but also support the businesses future development and goals by strategic framework planning.…

    • 1086 Words
    • 4 Pages
    Better Essays
  • Powerful Essays

    In 2013, this department store has been celebrating being in business for 110 years. It also once lured its customers in with its famous discount pricing strategy and coupons. The retailer is J.C. Penney, a fixture at shopping malls across the country. In 2012, J.C. Penney rebranded itself by making the announcement that it wanted to become America 's favorite store by creating a specialty department store experience (JCP, 2013). Founder James Cash Penney began the company with a Golden Rule: treat others the way you want to be treated Fair and Square (JCP, n.d.).…

    • 2816 Words
    • 12 Pages
    Powerful Essays
  • Good Essays

    Johnson developed a strategy to re-imagine the retail shopping experience yet again, with a bold, but perilous strategy to redesign the retail behemoth’s 1,100 stores (Kinicki & Williams, 2013). His plan requires stores to be divided into various specialty shopping areas and the normally highly trafficked center area of the store to be transformed into a Town Square, to loosely mimic the concept of Apple’s Genius Bar (Sacks, 2013). Thus, making JC Penney stores a destination by creating a completely unique and distinctly different shopping experience for customers and differentiating Penney’s from competitors like Kohl’s and Macy’s (Kinicki & Williams, 2013). In closing, Mr. Johnson intuitively took swift and decisive action to formulate a strategy to address the competitive forces impacting JC Penney’s (Sacks,…

    • 297 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Article Report

    • 542 Words
    • 3 Pages

    Back in 2011, the board made the urgent decision to turnaround management by appointing a new CEO to salvage J.C. Penney from the road of bankruptcy. Is a well known fact, that having a management turnaround is not a quick fix, instead is a “slow, complex and extremely difficult” process (Jones & George, 2011). Johnson put into practice in J.C. Penney the same vision and strategy that he used at Apple, he thought that by “cookie-cutting” what he did in Apple, it will guarantee him the same success. In addition, he radically changed J.C. Penney’s pricing strategy to a Wal-Mart type of low-pricing approach, by eliminating the used of coupons and sales events that were normally advertised through the year. His strategies so far have failed, his transformation of the store to a more relax , family friendly, and high touch experience, and the change to everyday low prices did not go well for J.C. Penney’s loyal customers. The customers were outraged when the yearly sales and coupons were taken away.…

    • 542 Words
    • 3 Pages
    Good Essays
  • Good Essays

    1. Why do you think it is important for HR to be a strategic partner to the business?…

    • 573 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Strategic human resource is considered as a term to describe an integrated approach to the development of human resources strategies within a business, which will enable the organization to achieve its goals. (Kramar et al., 1997) It is an approach for making decisions on the intentions and plans of the organization concerning the organization's recruitment and the employment relationship, training, performance management, development, reward and employee relations strategies, policies and practices. HR is also important to being a strategic business partner because it considers as the use of planning, a coherent approach to the design and management of personnel systems based on an employment policy and manpower strategy and often underpinned by a 'philosophy', matching HRM activities and policies to some explicit business strategy and finally seeing the people of the organization as a strategic resource of r the achievement of competitive advantage.…

    • 949 Words
    • 4 Pages
    Good Essays
  • Better Essays

    Human Resource Concern The world 's 4th largest two- and three-wheeler company live their brand by its values of Innovation, Perfection, and Speed. They are distinctly ahead through excitement engineering. Innovation is how they create the future. It is a value that provokes them to reach beyond the obvious in pursuit of that which exceeds the ordinary. Perfection is how they set new standards.It is a value that exhibits there determination to excel by endeavouring to establish new benchmarks all the time. Speed is how they convey clear conviction.It is a value that keeps them sharply responsive, mirroring their commitment towards there goals and processes.…

    • 1891 Words
    • 8 Pages
    Better Essays