Assignment Two: Human Resource Strategies of Google, Inc. & Wegmans Food Markets, Inc.
BUS 508-Contemporary Business
Alisha Ball
Dr. Solomon Fakinlede
Strayer University
Compare and contrast the two (2) industries you have identified in terms of size, products, services, customers, economic and regulatory environment.
Human resource management/ strategies refers to a various number of policies as well as practices that influence an organization significantly. It is related to employee behaviors, attitudes, as well as performance. These strategies are used to give organizations a competitive advantage particularly in the areas of recruitment, training and development, and diversity management. These policies and strategies
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(Goodman, 2009) The company primarily focuses on search; advertising; consumer content and platforms; and enterprise products. Some of the core business practices of google include getting to know their employees, creating new ways to reward and promote their high-performing employees, letting their employees own the problems they want to solve, allowing employees to function outside the company’s hierarchy, and have their employees’ performance reviewed by someone they respect for their objectivity and impartiality. (Manimala, M.J. 2013) The employees can operate and experience a free and transparent exchange of ideas in order to best meet the needs of the people in which they serve. Google technology includes the Google Chrome browser, YouTube, Google Maps, Android smartphones and smart contact lenses. The company is also developing a self-driving car. Overall, their managers trust them to carry out these responsibilities without micromanaging them and their core value is to create technology to make life easier and better for everyone.
Wegmans is dedicated to providing customers with a wide selection of quality local and international products. In 2014, Consumer Reports named the company the best grocery store in the United States. Some of the most notable human resource practices of this
Wegmans Food Markets Inc. has grown from a small food store into a name that strikes fear in its competitors. The company has achieved such a great level of success by offering competitive pricing and frequent product updates to better fit customer’s needs than more traditional grocery stores. Being such an innovative company is what allowed Wegmans to have great success in the northeastern United States regional market.
* Human resource management= the management function focused on maximizing the effectiveness of the workforce by recruiting world-class talent, promoting career development and determining workforce strategies to boost organizational effectiveness
Armstrong (2009) defines Human Resource Management (HRM) as a strategic, integrated and coherent approach to the employment, development and well-being of the people working in organizations. Similarly, Legge (1989) defines Human resource management as a distinctive approach to employment management which seeks to achieve competitive advantage through the strategic deployment of a highly committed and capable workforce, using an integrated array of cultural, structural and personnel techniques.
Human resources management is a business department and function that has the strategic approach to the management of the company’s employees. Armstrong (2006, p.3) defines HRM as ‘a strategic and coherent approach to the management of an organisation’s most valuable assets – the people working there who individually and collectively contribute to the achievement of it objectives.’ The HR business function provides an organisation with administrative support regarding the laws and legislation of
Wegmans is a regional grocery store chain that has built its reputation as a ?one stop? shopping experience. In this grocery store you can pick up your prescription, order dinner in the market cafe, rent a video for the night and pick up your dry cleaning. Wegmans mantra ?Every day you get our best? is truly what they, as a company, strive to accomplish. From the inception of the first Wegmans store in Rochester, New York during 1930, this family owned company has positioned itself to be unique from the competitor. When the current President Danny Wegman returned from Harvard in 1976 he helped position the company to be competitive against the emerging competition like BJs and other discounters. In the midst
Wegmans Food Markets, Inc. is a privately-held, family owned company that was founded in 1916 by the Wegman family. Based in Rochester, NY, they have raised the bar on the customer shopping experience. The company prides itself on offering exceptional customer service, high quality goods, an abundance of choice, restaurant-quality prepared foods, and beautiful stores and displays. Wegmans has appeared on Fortune's annual "100 Best Companies to Work For" list since its inception in 1998, and has ranked among the top 10 for
Wegmans is regional supermarket chain with 94 stores and their main office located in Rochester, NY. This is a family owed business that started in 1916 as a local produce attraction. Wegmans is ranked #4 in Fortune Magazine’s 100 best companies to work for, and has made the list since 1998. They are currently located all around the U.S. with stores in, New York, Pennsylvania, New Jersey, Virginia, Maryland, and Massachusetts. Currently, they have 47,000 employees and annual sales of 8.3 billion in 2016. With that, they are ranked #30 on the 2017 Supermarkets News list of the Top 75 Supermarkets based on sales volume.
Wegmans Food Markets, Inc. is a privately-held, family owned company that was founded in 1916 by the Wegman family. Based in Rochester, NY, they have raised the bar on the customer shopping experience. The company prides itself on offering exceptional customer service, high quality goods, an abundance of choice, restaurant-quality prepared foods, and beautiful stores and displays. Wegmans has appeared on Fortune's annual "100 Best Companies to Work For" list since its inception in 1998, and has ranked among the top 10 for
Good human resource strategies are difficult to achieve, hard to sustain, and expensive. The objective of a human resource strategy is to manage labor and design jobs so people are effectively and efficiently utilized.
Google, Inc. is a global technology company that concentrates on the improvisation of the connection between users and information. The mission of Google, Inc. is to organize the world’s information and make it universally useful and accessible. (Google, 2015) The three primary constituents of Google, Inc. are the users, advertisers, content providers, and the Google Network members. (United States Securities and Exchange Commission, 2008, pp 38) Google, Inc. is a leader within the industry that primarily focuses on the production of advertising, operating systems, platforms, enterprise, and hardware. The company has an extensive acquisition registry of application software and informative technological service companies that have been acquired over the last five years. . (Elliot, 2015) These companies have added to the vast database of information and users ensuring Google, Inc leads in the industry as the largest search engine. Globally, Google, Inc. also provides versatility in its products and services in over fifty countries and in more than 100 languages. A central focus of Google’s delivery to the industry is leading in investor returns by making innovation the focal point for all operations. Innovation partnered with advertising is what makes individuals gravitate towards Google. Google is the leading search engine worldwide and has more than three billion searches per day. (Efrati, 2012)
Human resource management is the process of utilizing human resource efficiently and effectively to achieve the goals and objectives of the organization. Human resource is the most important resource of an organization compared to other resources since the success of the organization mainly depends on its people. Human resource management is a part of the process that helps the organization to achieve its objectives once the general direction strategies have been established, the next stage is to formulate company’s objectives and develop them into action plans. The objectives cannot be attended without the resources which of course include people. Human resources management should be part of the process which determines what people are required, how to use them, how to get them and how to manage them. This should be fully integrated with all other management processes. Human resource management is giving fully support to how
According to Legge (2009 pg77), human resource management is defined as the strategic and approach to the management of an organization's most valued assets which is the people or the staff members. There is a traditional definition or way of human resource management and a strategic way of human resource management. Traditional Human resources management is all about policies, systems and everyday practices that influence the employee’s attitudes,
Human Resource Management is designing management systems to ensure that human talent is used effectively and efficiently to accomplish organizational goals (Mathis & Jackson, 2008). To that end, Human Resource
Human resource strategies are the mechanisms organizations use in considering strategic choices associated with the management of people. These are normally portrayed through the policies and practices selected and implemented through procedures initiated by the human resource department in an organization (Dyer 1984, pg. 157). The mechanisms allow businesses to detect and address issues that relate with people and the business. Strategies employed by organizations cannot entirely monitor the exchanges between workers and the external atmosphere.
Human resource management is the all about of recruitment, employee’s selection, providing necessary training and skill development, assessment of employees, and all other factors related to the employees in organization.