(Whitelock, 2003). 2.5 Trained employee and increased productivity: Horizontal labor flow is very important for any retail company. When a firm has well organised and motivated employee to work, they can easily get some benefit from the competitive market place. It also important to make these employees motivated for a long time. For this purpose HR manager of Tesco provides a good environment for working, a good lifestyle, and recognition so that they can give maximum output (Sims, 1990).
As everyone known, H&M is a ‘fast-fashion’ retailer. As the case mentioned, currently H&M had 2,206 stores around the world. The business model for H&M is provided latest fashion trend, good quality product with affordable price to its customer. One of the smart strategies of H&M is collaboration with many world class designers, such as Alexander Wang, Balmain designer Olivier Rousteing and Versace designer Sonia Rykiel. The collaboration with world class designer made the customer feel they are purchasing high fashion shirt that they normally cannot afford.
Leader-member exchange highly improves job quality and fulfilment and aids in demonstrating OCB. For firms to be able to incorporate the OCB, they have to hire people who have conscientiousness traits as they demonstrate OCB behaviour which often results in progression within an organization in special offers and job satisfaction. The workers in return gain respect and recognition for their work from the management which increases motivation and further inspire to adopt OCB. Employees with conscientiousness traits have great LMX quality relationships with their superiors. This leads to high levels of job satisfaction from implementing OCB giving them more responsibility and freedom and present constantly new opportunities for them.
An auditor that makes sure that factories meet the Primark code of conduct is being practiced within the factory. This includes, for example, checking that the factory has the appropriate fire extinguisher and that employees are well trained to use it, and also to make sure that all employees receive the wages and benefits for which they are eligible. CSR activities As an international business with a global supply chain and a growing retail base, Primark believes that business has a responsibility to act and trade ethically and that, by doing so, it can be a force for good. Its business directly contributes to the employment of more than seve lakhs workers across three continents. Ensuring that their rights are respected is key to its continued growth.
Social Responsibility and Ethics I would give FedEx an A- for ethics for the following reasons as well as it is one of the the best places to work because of their HR practices. They also maintain a reputation for one of the most employee friendly places to work. Public: FedEx ethics code of conduct states “Our reputation is an important strategic asset, and it 's up to all of us to protect and enhance it. In today 's environment, our strong corporate reputation is invaluable.” I agree that your brand as a shipping company determines the amount of customers you get, the same goes for most if not all businesses. Also, FedEx has a long standing commitment to follow the laws in every location they operate.
The employees find this event worth remembering and reinforcing their values in the company. Generally, Motorola obtained exceptional ratings in employee safety and health, community development and environment protection programs. These ratings help Motorola's business since people want to buy products from companies that highly care about these
This deduces that in order for a strong feedback and criticisms to improve the sales, designs and innovations, team management leadership style is very important and useful, especially for a fashion related industry as productivity and quality is extremely significant. As such, employees need to engage with one another to improve the product and consequently yield the finest end product. This style also results in employees being motivated and forming a highly cohesive team which results in efficient and competent
Items can be segregated as, for example, Fashion, Retro, Elegant, Unisex and Casual. This will give buyers a wider range to choose from rather than the same old items. Apart from the two shortcomings from the SWOT investigation this may help in increasing profits for Burberry. The company was compelled to stick to more regular items so that they could achieve new markets and keeping vigour and customer loyalty. The brand image is the main force that drives the staff and the organization for its
They emphasize that employee is the key source that work company growth. They give training and develop a good discipline and motivation in their workers. Mydin can benchmark Wal-Mart and take all the best strategy used by Wal-Mart. Mydin need to build close and strong relationship with their supplier in order to sustain and satisfied their customers. Development of information technology could make them interact more with their supplier and achieve good understanding in performing supply chain activities.
Many firms are successful due to the relationship with the customer, if a customer’s experience is a positive one they will return for future business. A satisfied customer will be full of praise and recommend the business to others. Word of mouth is a very powerful tool within the competitive world of business. Within the department I currently work there are procedures and local guidance protocols that each staff member has to follow when working with customers, a staff handbook. These are set out by the Human Resources Department, to ensure staff are providing a high quality service.