Presented by:- Miss. Dipti Shirke Significance Of Human Resource Management The personnel perspective The firm hires people, but the focus is not on development The compensation perspective Firm uses bonus, incentives etc to reward performance The alignment perspective Firm does see the human capital as an asset but does not invest in utilizing the capabilities of the same The high performance perspective Firm views human resource as an integral element of the firms strategy implementation.
Conceptual Overview Of HRM In Retail HRM in Retail Involves: Identifying various roles in the organization Recruiting the persons with the right attitude to fit the jobs Training Motivation of employees Evaluation of employee performance
1. Identifying The Various Roles In The Organization Buying and merchandising Store management and operation, and Technology support
2.Recruitment And Selection Newspaper advertisements Visits to colleges Existing employees References Recruitment agencies Websites Screening of Resume Personal interview
3. Training Introducing new persons/ staff into the organization Training of sales staff Training of staff/personnel for skill enhancements
Training Of Sales Staff Communication skills Product knowledge Company policies on returns and exchanges Knowledge of the workplace Market awareness Personal grooming
4. Motivation The organization culture The rewards and recognition The monetary benefits Prospects for growth and job enrichment
5. Evaluation Of Performance Through goals that have been set
Role Played By HR In A Retail Organization The HR Pyramid Creating Organizational Structures Organizational Structure in Retail Factors affecting creation of organizational structures, are: Scope and scale of operation, viz local, regional, national or international Types of products sold Type of departmentalization, i.e. functional, product wise or geographic
Organization Structure For Small Stores/ Single Stores/ Independent Retailers Organization Structure Of A Retail Chain/Department Store Functions as per Mazur Plan Control Publicity Operations Merchandising