Preview

Wal-Mart: a Human Resources Perspective

Powerful Essays
Open Document
Open Document
3834 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Wal-Mart: a Human Resources Perspective
[pic]

Table of Contents

Research Proposal Memo

Introduction of Company

Mission and Vision of the company

HR Forecasting and Succession Planning

Diversity initiatives

Training and development

Compensation and benefits

Corrective action and discipline

Turnover issues

S.W.O.T Analysis

Conclusion/Recommendation

To: Professor Steven Cates, GB 520 class, and To Whom It May Concern

Date: 3-20-2009

Re: Wal-Mart: Human Resources Project Proposal

For this course project I have chosen a company that I am very familiar with and have first hand knowledge of, Wal-Mart Stores, Inc. My plans for this project are to first gather information concerning Wal-Mart’s human resource practices, policies, and functions by using my access as an Assistant Manager to research materials. Through my gathering of information I will analyze this company’s human resources as a whole using the SWOT analysis method (Strengths, Weaknesses, Opportunities, Threats) and give a recommendation on their overall Human Resource Management.

Introduction of the Company

Wal-Mart is currently named #1 on the Fortune 500 as well as other prominent lists of prosperous companies, but it was not always that way. Wal-Mart began in 1950 when a young man by the name of Sam Walton opened the first “Walton’s 5 & 10,” which was renamed to Wal-Mart in 1962 by his assistant at the time, Bob Bogle. (www.wikipedia.com)

Wal-Mart is the “world’s largest retailer with $374.526 billion in sales for the fiscal year ending January 31, 2008.” (www.walmartstores.com) According to the company website they have more than 7000 locations with operations in Argentina, Brazil, Canada, China, Costa Rica, El Salvador, Guatemala, Honduras, Japan, Mexico, Nicaragua, Puerto Rico, and the United Kingdom. (www.walmartstores.com) Wal-Mart Stores employs more than two million associates worldwide; this includes more than 1.4 million in the United States alone according to the company’s



Cited: Business Net :http://dictionary.bnet.com/definition/manpower+forecasting.htmlwww.walmartstores.com Barbaro, Michael (2007) Wal-Mart Discloses Some Compensation Details Troy, M. (2005, October 10). Retrieved February 26, 2009, from www.findarticles.com: http://findarticles.com/p/articles/mi_m0FNP/is_19-44/ai_n15693272 Wal-Mart Wire (company intranet)

You May Also Find These Documents Helpful

  • Good Essays

    Mgt/521 Management

    • 916 Words
    • 4 Pages

    Wal-Mart is probably one of the most recognizable company’s in the world. As stated earlier there are over 600 Wal-Mart discount stores in the United States. Wal-Mart has over 3,000 supercenters in the United States. They have a combination of these two styles of stores in over 28 countries around the world. Stores that are located outside of the United States operate under a different banner, but still have the same goal as their sister stores in the United States: Save people money, so they can live better. (1) Not only is the name Wal-Mart very recognizable, but each store offers the community it is located in the possibility of having a lower unemployment rate. Each discount store employs around 225 employees, where as a supercenter employs around 350 employees. Not only does Wal-Mart employ numerous employees in the United States, but outside of the United States Wal-Mart has employed over 740,000 employees in over 5,000 stores. This puts Wal-Mart as a strong player in the global business world with representation in so many countries throughout the world.…

    • 916 Words
    • 4 Pages
    Good Essays
  • Better Essays

    Wal-Mart is the world’s largest retailer, with $200 billion in sales. They are also the nation’s largest private employer. They have a chain of…

    • 1287 Words
    • 6 Pages
    Better Essays
  • Satisfactory Essays

    Wal-Mart Stores, Inc. is an American based international retail chain headquartered in Bentonville, Arkansas. The corporation operates within the Miscellaneous General Merchandise Stores SIC classification and the All Other General Merchandise Stores NAICS classification. Wal-Mart specializes in the retail of groceries, electronics, apparel, appliances, home furnishings, hardware, sporting goods and health care products. The corporation is split into three business segments: Walmart US, Walmart International, and Sam’s Club. Wal-Mart currently resides atop the Fortune 500 list as the highest grossing corporation in the United States with a reported $485 billion in revenues for the year ended January 31st, 2015.…

    • 170 Words
    • 1 Page
    Satisfactory Essays
  • Good Essays

    "Wal-Mart Stores, Inc. is the world's largest retailer, with $285.2 billion in sales in the fiscal year ending Jan. 31, 2005. The company employs 1.6 million associates worldwide through more than 3,700 facilities in the United States and more than 2,400 units in Argentina, Brazil, Canada, China, Costa Rica, El Salvador, Germany, Guatemala, Honduras, Japan, Mexico, Nicaragua, Puerto Rico, South Korea, and the United Kingdom. More than 138 million customers per week visit Wal-Mart stores worldwide." (Walmartfacts.com)…

    • 862 Words
    • 4 Pages
    Good Essays
  • Better Essays

    Currently, Wal-Mart has businesses within 15 countries including the United States. They employ over 2.1 million individuals worldwide. The Wal-Mart Stores, Inc. is comprised of three business segments. These segments are Walmart U.S., International and Sam’s Club they consist of retail operations that include discount stores, supercenters, grocery stores, Sam’s Clubs, Distribution Centers, and a internet shopping network called Walmart. Com. The supercenters, which were established in 1988, offer a variety of specialty shops that include vision centers, restaurants, portrait studios, one hour photo centers, pharmacies, health clinics, employment agencies, hair salons, banks and grocery centers. The wide variety of merchandise offered includes family apparel, health and beauty aids, electronics, toys, lawn and garden products, jewelry, automotive products, home furnishings, hardware, sporting goods, pet supplies and house wares. Wal-Mart Stores, Inc. mission “to save people…

    • 1737 Words
    • 7 Pages
    Better Essays
  • Satisfactory Essays

    Acc 205 Final Paper Example

    • 1671 Words
    • 26 Pages

    Walmart helps people around the world save money and live better -- anytime and anywhere -- in retail stores, online and through their mobile devices. Each week, more than 245 million customers and members visit our nearly 11,000 stores under 71 banners in 27 countries and e-commerce websites in 10 countries. With fiscal year 2014 sales of approximately $473 billion, Walmart employs 2.2 million associates worldwide.…

    • 1671 Words
    • 26 Pages
    Satisfactory Essays
  • Powerful Essays

    Walmart Finacial Analysis

    • 1235 Words
    • 5 Pages

    In 2005, Wal-Mart had $312.4 billion in sales, more than 6,200 facilities around the world—including 3,800 stores in the United States and 2,800 elsewhere, employing more than 1.6 million "associates" worldwide.…

    • 1235 Words
    • 5 Pages
    Powerful Essays
  • Powerful Essays

    With over 5,300 stores in the United States, Wal-Mart has become one of the fastest growing retail chains in the United States (Rossi, 2005). Their many stores are not hard to find as you travel along many of the highways in the United States. With low prices and great deals it has become very difficult not to resist the inviting people greeting you at the door and massive signs that draw you to buy from their stores.…

    • 3441 Words
    • 14 Pages
    Powerful Essays
  • Good Essays

    Globalization has made Wal-Mart a multi- billion dollar industry. In Mexico the annual sales for Wal-Mart are $20 billion, in Canada Wal-Mart have established an $11 billion business, in Brazil the sales are $8 billion dollars with the potential to increase to over $20 billion and in Japan the sales average around $4.3 billion (Davis, 2008).…

    • 924 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Wal-Mart reported sales of $256 billion for 2003. It owns and operates more than 3,500 stores in the United States, with that number increasing by more than one store per day. It employs more than 1.2 million employees in the United States, two-thirds women, according to the…

    • 777 Words
    • 4 Pages
    Good Essays
  • Best Essays

    According to (Anon, 2012) Wal-Mart Stores Inc. is an U.S based multinational retailer that runs chain of large discounted departmental stores & warehouse store and was founded by Sam Walton in 1962 and it was labeled Walmart in 2000. It’s headquarter is located in Bentonville, Arkansas. In the former year (2011) it generated revenue of US$ 421.849 billion. It has around 8500 stores in 15 countries, under 55 different names. It operates as Walmex in Mexico, Asda in United Kingdom, Seiyu in Japan, Sam’s Club in North America, Walmart itself in U.S.A & in India as Best Price. Walmart is also the world’s largest private employer with above 2 million employees & also the biggest retailer in the whole world.…

    • 3658 Words
    • 15 Pages
    Best Essays
  • Best Essays

    Introduction – Wal-Mart, founded by Sam Walton in 1962, is one of the world largest companies by market capitalization and number of people employed and touching millions of customers everyday. There are more than 7,800 Wal-Mart stores and Sam’s Club locations in 16 markets worldwide and there are more than 2 million associates serving more than 100 million customers per year (About Us, n.d.) It is the largest grocery retailer in the United States with an estimated market share of around 20% of the retail grocery and consumables business. To be able to efficiently operate such a complex operation at such a large and do it consistently would only be possible by the huge effort by Wal-Mart’s ‘associates’ as its employees are called. This papers looks at the human resources practices of Wal-Mart with a special focus on group and team behavior, leadership, conflict and negotiation, human resource practices and organizational culture and diversity within the company to understand them and also provide some recommendations to make them better in the future.…

    • 2752 Words
    • 12 Pages
    Best Essays
  • Powerful Essays

    Walt Mart Vision

    • 4716 Words
    • 19 Pages

    In 2002, Wal-Mart operates more than 3,500 discount stores, Supercenters and Sam's Clubs in United States and over 1,170 stores in major countries around the world. The company also sells products online via the website, www.walmart.com. Wal-Mart is one of the largest private employers in the world, with the use of force about 1.28 million.…

    • 4716 Words
    • 19 Pages
    Powerful Essays
  • Powerful Essays

    Walmart Hrm Strategies

    • 1824 Words
    • 8 Pages

    The report is based on how the theory and research on Human Resource Management (HRM) influence Wal-Mart stores’ operations. Human Resource management entails management of an organization’s employees. The report covers issues in HRM that Wal-Mart undertakes that should be emulated by other organizations for their success. The critical areas for business success covered by the report include:- Human Resource Planning, HRM and the Law, Job analysis, job design and quality of work, recruiting human resources, employee selection, and human resource development. As a company, Wal-Mart is in the business of selling anything that a customer wish to have in everyday life. Wal- Mart is therefore expected to manage its human resource diligently. The report therefore makes in depth analysis of its operations in terms of management of HRM and how it is entangled with its success Charles (2010).…

    • 1824 Words
    • 8 Pages
    Powerful Essays
  • Satisfactory Essays

    Introduction to Walmart

    • 275 Words
    • 2 Pages

    Wal-Mart Stores, Inc. branded as Walmart, is an American multinational retail corporation that runs chains of large discount department stores and warehouse stores. Being the world’s third largest public corporation, Walmart is the biggest employer in the world with more than two million employees. Furthermore, it is the largest retailer in the world. Walmart remains a family-owned business, as the company is controlled by the Walton family. It is also one of the world's most valuable companies.…

    • 275 Words
    • 2 Pages
    Satisfactory Essays

Related Topics