The cost of completely re-staffing new employees would be tremendous. Although there may need to be some tweaking in the way that the management staff is allowed to run their respective departments, I feel that they have a solid base of pride working for Tanglewood. With the right training I feel it is beneficial for the company to develop the core talent that they have and fill in the gaps with new hires. Hire Yourself or Outsource Once again I feel that Tanglewood should stay “in house” when it comes to who is going to do the hiring. The first reason I say this is because that is what the managers and assistant managers are getting paid to do.
Tanglewood want to make sure they have the best possible staff that will give the best customer service experience. Tanglewood needs to differentiate itself from the competition, build a strong culture, save money by hiring internally and developing their talent, hiring people who are new to retail and developing them as Tanglewood associates, and it will support Tanglewood’s team focus and maintain the family atmosphere in employees that the company was built on. Developing talent is a better strategy for Tanglewood than acquiring talent because acquiring talent from other companies’ costs more money. Additionally, if Tanglewood starts employees off as associates who are new to working in retail, everyone will start fresh and learn everything the Tanglewood way. This may also result in there being less opposition among workers about how things should be done in retail because they will not have experienced any other method.
Week 1 Case Assignment-Tanglewood Stores Tanglewood sees their employees as assets to the company’s financial success. They believe that a good core workforce is essential so they do not want cheap labor, high turnover, or temporary workers. In this day and age, this type of philosophy is key in a company’s growth and success. As Tanglewood is in the process of aggressively expanding from its 243 stores, staffing issues will require a lot of fore thought before deciding on the most effective way to proceed. First step of recommendations to properly start staffing for the expansion is: Staffing Levels Acquire or Develop Talent.
With hiring the correct staff for the business, this is beneficial as the business will have more productive workers, which can lead to a better business. Cheshire Balloons needs to include in their budget is the premises, a business needs to rent a suitable premises to fit the style of the business,
Evaluating the steps an organization can take to improve skills of its employees * The achievement in any business is contingent on exactly how good your personnel are skilled. Skills for example, communication is quite essential to any organization. If its employees have acquired and implemented more skills within their work, it will obviously be better for the business, in terms of productivity, efficiency, success and revenue. It is very essential for staff to have adequate communication skills, due to the fact it’ll maintain the flow of the business, productivity, and extra participation and involvement for the employees which will allow them to interact with each other which will eventually result in better propositions and outcomes for the business. * In addition, supposedly if staff are having difficulties during communicational activities and processes, it is possible for them to attend and be a part of training programs after work hours, and if any sufficient improvement is made, employees it will be very profitable when working with colleagues and customers which will ensure everything is very understandable and no confusion is cause.
I believe focusing on Core Workforce is the best decision for their culture and values also. Hire or Retain Because there is so much talent within the organization Tanglewood should try to retain their employees. Tanglewood should focus on retaining their employees improving their skills rather than hiring external candidates. Hiring external candidates could effect the culture of Tanglewood, their employees do well
Knowledge questions – unit 202 1.1 Explain the purpose and benefits of continuously improving own performance in a business environment. This improves the quality of my work which in turn proves that I am capable of further responsibility such as managing the budget. More experience and responsibility could be useful in gaining future job roles. 1.2 Explain the purpose and value of encouraging and accepting feedback from others. The purpose of feedback is to let me know what I am doing is correct or indeed incorrect as the case may be sometimes.
Staff have a lot of control. Reflects theory of McGregor's theory Y. The advantages of this is that Although the disadvantages of this are Overall, Differentiation from competition through the quality of Human Resource management is very rare. Although I believe it is very important and would suggest that Sainsbury's use Human Resource management as an opportunity to set themselves apart from other company’s and One way they could do that is by.. This will result in people placing Sainsbury's workforce in high regard as , meaning more and better quality workers will want a job at Sainsbury's.
For example if an important/urgent task needs to be completed in a short period of time the manager may decide to use a more direct authoritative style (autocratic or bureaucratic leadership). An example of this within my workplace would be the customer requires an urgent delivery to be dispatched. There is no benefit in discussing the best ways to achieve the customers’ needs, the most efficient avenue is to simply ‘get the job done’ by organising the urgent dispatch. The instruction to do so simply needs to be followed and actioned accordingly. Another benefit of using smart objectives is that employees will get a clearer understanding of what needs to done to achieve the task.
Tesco Stability - Stable economic conditions for Tesco means that they can make better informed decisions because there is more stability within the economy. If the economy in the UK is stable, Tesco’s are likely to have a higher turnover and be profitable therefore at a time like this Tesco may wish to introduce new lines, perhaps expand or find a city or town where they may wish to introduce new stores. Tesco suppliers will also benefit from this as they are supplying Tesco with more products and it will give them an idea if they need to increase their rates of production. If the economy is more stable then there will be steady growth in GDP, steady levels of employment and exchange rates. This means that Tesco will be more profitable as customers have more money to spend, they will need to employ for staff and it is better for the economy as Tesco can exports mass amount of home grown products cheaply.