Friday, February 14, 2020

Human Resource Management Models of H&M Clothing Company, UK Essay

Human Resource Management Models of H&M Clothing Company, UK - Essay Example H&M pays close attention to its corporate social responsibility by instituting self-regulating mechanisms that monitor and ensure that the company adheres to set laws and ethical standards of the company. H&M has a long established tradition of a constant long-term growth strategy of opening new stores. This is done through acquiring market share from competitors, and increasing sales, profits and popularity. H&M’s organisational functional strategy is based on research and development that enables the company versatile and diverse making its products and operations unique setting it apart from its competitors. There are various long-term plans that have been instituted by H&M that are meant to improve business operations. These include being vigilant in controling and elimination of intermediaries, bulk buying in order to accrue from economies of scale. Price controls are implemented to protect customers from unscrupulous traders and expertise within the design teams is empha sized to guarantee quality. Mergers and acquisitions are another strategy that is used by H&M as illustrated by the acquisition of FaBric Scandinavian (H&M Annual Report, 2012 p10). H&M is broadening its products range by investing in information technology launching online platforms for its products according to the company’s 2012 annual report (p34). The company’s open-door policy encourages employee and customer input in developing and improving its operations. Reward (Luliia Stakhiva) The H&M Company strives to ensure that it maintains a conducive and suitable environment for its workers and customers. H&M implements reward strategies that give career advancement opportunities in a dynamic and global company, and avail career milestones for motivation. There are training and skill development programs meant to enhance employee capabilities, and the implementation of employee rotation. This gives employees the opportunity to work in diverse fields in which they gain varied experience and skill. In 2010, H&M introduced an incentives program that was meant to encourage and gain employee loyalty, long-term support and commitment to the company’s policies. This avails information and valuable knowledge to workers making H&M an attractive company and place for employees. Reward systems and policies include monetary and non-monetary aspects that are meant to ensure employee loyalty, commitment and support for the company’s policies and goals. According to Beaumont (1993 np), rewards systems have potentially powerful impacts on an organisation’s performance at any level of production and business operations. Rewards systems primary goal is to motivate employees, which affects their behaviour and attitudes to their job and ultimately their job performance capabilities. Sillitoe (2010 np) postulates that H&M’s reward system will benefit the company’s employees and increase its attractiveness and credibility in the job market, which will make it to acquired relevant skilled personnel more easily. Fair remuneration and working hours are another incentive that is included in the company’s reward strategy, and the formation of unions to encourage career growth. H&M

Saturday, February 1, 2020

To be Determined Essay Example | Topics and Well Written Essays - 1750 words - 2

To be Determined - Essay Example In this concept, the literature written by Dante Alighieri entitled â€Å"Divine Comedy† is a humanitarian literary work in nature mainly because it expresses that writer’s opinion regarding after-life and spirituality concepts. This prominent literary work is considered to be a fictional expression of the writer regarding the fallacies and inadequacies of the prominent social and religious structure during his time. Because of this reason, the story itself becomes explicitly influenced and affected by external factors in the creative realm of the author thus making its ideas commonly applicable during those times. But from the time of its creation, society has already undergo many changes and influential development thus regarding most of the concepts highlighted in the said literature to be inapplicable and contradictory in its very intrinsic nature. Divine Comedy is mainly a fictional of illusionary expression of the author’s imaginative journey through the realms of hell, purgatory and heaven. In his travels to hell, he have explicitly illustrated its literal nature and narrative the common social icons he have encountered in the said place. Thus journey however is contextual regarded to be the expression of the author’s personal concept regarding the idea of sinful acts and its capital punishment. To clearly discuss the author’s concept regarding sin and the actions that are considered to be wicked, it is better that the people who are considered sinners at those times be identified according to how the author perceive them in terms of the degree of seriousness of their offensive nature as related through the different levels or circles in hell. First in the list is the unbaptized pagans which are also regarded to be sinners at the author’s times regardless of their life morals and their actions. Second are the lustful people in terms of sexuality without or with neglectful restrain of themselves and their desires. Third are the