Development attraction & retainment of employees Essay

Development attraction & retainment of employees - Essay Example There are situations where employees discuss their working conditions in the social media, and in such a situation the fall is usually on the employee who can not do anything to the employee (Jackson 2011). Many organizations find it a challenge developing a strategy that supports effectual talent acquisition; and this is overlooked mostly because most of the resources that are to be used for this are put into other things that are said to be ‘more important’. However, human resource planning is fundamental to the proficient management and prolonged success of a business, organization or even starting up companies. Often, many organizational administrators, due to circumstances overlook how resources are managed which leads to mismanaged top rank departments. Poor human resource management has both immediate and long term consequences on how the organization functions, policies of employee recruitment and management, and most importantly organizations profitability. More over, the one that has the greatest impact on an organization is employee development, attraction and retaining them; the heart of any organization are the employees and they also determine how successful it will be. When employees are denied some or all the required resources it creates poor working conditions not to mention the environment; moreover, an ineffectual and inadequately functioning department reflects the general condition of dealings in that particular organization and that it is not in any good condition to compete in the market. It also shows that; there isn’t any coordination or communication, poor decision making and grave blunders between the departments and the managerial sector (Dutta 2013). Significantly, in such a situation employee training and development strategies are improperly budgeted for and chances for recruiting or even attracting new employees are eliminated; additionally, the general goals and objectives of the organization are not met. The similar attitude of the high management and the human resources department quickly spreads across all the other departments and employee pecking orders; it affects the work ethics, causes personality conflicts and systematically eliminates team work (Sylvia 2013). Employees lack motivation and they do not put much of their skills and capabilities in the organization. Some employees are at their worst in negative working environments; and in cases where they are not motivated, lack of inducement and acknowledgment they automatically end up performing poorly and work output is of low quality. Employee recruitment and selection is an incessant sequence; and this mostly influenced by organization’s need for business growth, expansion strategies and requirements to complete or start off certain projects or assignments. In an organization that is mismanaged, human resources personnel with an apathetic outlook on things, poor or lack of communication with the administrators are not in any situation to address their requirements in the aspect of labor force (Jackson 2009). As a result, open vacancies and employment postings remain vacant; and in cases whe

Victoria's International expansion Essay Example | Topics and Well Written Essays - 2000 words

Victoria's International expansion - Essay Example Victoria’s secret was established in San Francisco during 1970s by Roy Raymond. The aim of the firm was to provide women brands and be the highest producer in US. They were to produce different types of women brands and which were new in the market. For any company to sustain its customer in the market it has to set goal and be able to compete with its rivals and to forecast on how the company will be doing in the upcoming years (Goldman, 1999). For example, being the largest American retailer of lingerie, Victoria’s secrets competes with other companies to be the world distributors of women shop including brands such as bras, panties, sleepwear, clothing and shoes among others. Victoria’s secrets like any other company receives stiff competition from a company know as Gap which normally provides the same products at a lower price. This paper aims at undertaking an Internal Analysis of Victoria's Secret foreign expansion like in China, designing products for spec ific markets, manufacturing and advertisement. Additionally, the paper will discuss manufacture of the products and advertisements of the products Victoria’s secrets, a firm operating under monopolistic economic model, are faced with stiff competition from foreign expansions. ... In addition, China has the second largest economy after US. As A result, households enjoy high income thus enhancing their purchasing power leading to increased sales for Victoria’s secrets. Product design for specific markets Victoria’s secrets aim at designing its brands in such a way that the needs of its specific markets are met. For example, in China market where lingerie are on high demand, Victoria’s secretes will involve Chinese marketers and designers so as to come with a brand that is acceptable in China market. The company increases its sales by producing attractive design that makes the female customers to have a feeling of red carpet treatment. Manufacturing and advertisement Victoria’s secrets manufactures high quality brands to be used in foreign expansion like in China and makes sure that advertisement is done effectively to make sure that the brands are acceptable in the market. Similarly, since by keeping its prices competitive than its r ival, Victoria’s secrets targets upper class and middle class customers, the lower class customers are in most cases forced to go to Gap which offers the same products at a throw away prices. Key competitors that have emerged in the foreign immerged includes Maxx, Marshall’s and Homegoods. TJ Maxx and Marshall’s are huge competitors since they provide lingerie at discount prices for the middle and lower class (Monget, 2011). This has made the market to be more competitive and each company has to look the way forward to outdo their rivals. The strategy which Victoria’s company adopts is the introduction of new styles in the market and ideas that kept their products easily identifiable by the customers. Additionally, the company designs are attractive in the eyes of the customers. In