Overview of the retail industry
Explain On Human Resource Development Trends Practices.
The retail industry has emerged as one of the largest ones in the recent times and forms the economic backbone of some of the major nations of the world (Wilton, 2016). It is significant to note that this particular industry has been in operation for a very long time however the use of the recent innovations as well as technology has drastically revolutionarized the way these business organizations conduct their business (McGraw, 2014). It is a reflection of this that these business organizations have developed innovative HR policies, recruitment and selection processes and other related aspects (McDonnell et al., 2016).
“Kramar, R. (2012). Trends in Australian human resource management: what next?. Asia Pacific Journal of Human Resources, 50(2), 133-150.”
This particular article published in the “Asia Pacific Journal of Human Resources” by the author Kramar in the year 2012 gives an overview of the recent trends as well as practices in the management of human resource in the retail sector of the nation of Australia. The article focuses on the trends which the major retails business organizations followed in the nation of Australia regarding the management of their human resources in the past five decades (Kramar, 2012). In addition to that, the article takes the help of “our surveys coordinated by the Cranet Network and conducted in Australia between 1996 and 2008–09” to arrive at the result that the “HRM policies becoming more calculative and individual, a reduction in the role of collective organizations, the adoption of some HRM policies regarded as more effective than others and the development of the roles of HRM managers and HRM departments” in the nation of Australia specifically in the retail sector (Kramar, 2012). Furthermore, the article also puts emphasis on the role of the HR manager in the process of the recruitment and the selection of the various staff members (Kramar, 2012). It is significant to note that these staff members form the backbone of these business organizations. The strength of this particular article can be said to be the fact that the article uses extensive research for the derivation of the desired data which was necessary to arrive at the conclusions made in the article. Furthermore, the style of writing used by the author is very simple as well as persuasive which is likely to help the readers. The weakness of the article can be said that to be the fact that the article uses past data to arrive at the conclusions outlined in the article without taking into consideration the present scenario or the advancement made by the industry after the advancement of technology.
Trends in Human Resource Management in the retail sector in Australia
It is significant to note that this particular gives an overview of the various “human resource management” policies which the various retail business organizations nation of Australia have followed in the last five decades. Therefore, the content of this particular article will provide valuable information for the Assessment 3 Essay.
“Boxall, P. (2012). High?performance work systems: what, why, how and for whom?. Asia Pacific Journal of Human Resources, 50(2), 169-186.”
This particular article by the author Boxall published in the “Asia Pacific Journal of Human Resources” in the year 2012 intends to give an overview of the importance of high level of performance among the employees in the Australian retail industry and the policies adopted by the “human resource management” for the effective achievement of this purpose. The primary focus of the article is on the “two lines of analysis in the high-performance work systems literature that are important for HR researchers and strategists” which are considered the core concepts in the retail sector of the Australian business environment (Boxall, 2012). Furthermore, the emphasis of the article is also on the “analysis of the chain of links that exists inside the ‘blackbox’ of HRM, helping us to assess issues of mutuality and sustainability in employment relationships” (Boxall, 2012). The author Boxall in this particular article also argues for the process of mapping out the diversity which exists in the retail sector workplace and also tries to understand the factors which are more likely to influence the performance of the employees in a positive and the reasons for their positive influence (Boxall, 2012). The article also places emphasis on the way the various “managers envisage HRM, how they interpret and enact it, how it affects the psychological and social climates inside the organization, and for whom it performs” (Boxall, 2012). The primary strength of the article can be said to the fact that the article uses the various core concepts of the “human resource management” process to analyze the current condition of the retail industry in the nation of Australia. Furthermore, the article uses simple and persuasive language which will be very helpful for the readers. The weakness of the article can be said to be the fact that the article uses too many technical jargon for the explanation of the simple concepts related to the retail industry of the nation of Australia.
It is significant to note that this particular uses the core theories as well as the concepts of the HRM for the evaluation of the retail industries and the policies followed by them. Therefore, the core theories as well as concepts articulated in the article will prove to be very helpful for the Assessment 3 Essay.
Role of HR Manager in Staff Recruitment and Selection
“Tamm, T., Seddon, P. B., Shanks, G., Reynolds, P., & Frampton, K. M. (2015). How an Australian Retailer Enabled Business Transformation Through Enterprise Architecture. MIS Quarterly Executive, 14(4).”
This particular article by the authors “Tamm, Seddon, Shanks, Reynolds and Frampton” published in the journal “MIS Quarterly Executive” in the year 2015 intends to provide an overview of the way the various Australian retail business organizations use the latest innovations as well as technology and the architectural developments for the purpose of the transformation of their business. This process also helps the various retail business organizations in the nation of Australia to attract more customers to their retail stores (Tamm et al., 2015). Furthermore, the article focuses on the way “Enterprise architecture (EA)” along with effective “human resource management” strategies as well as policies have helped the retail business organizations in the nation of Australia to transform the way they conduct their business (Tamm et al., 2015). The article gives the particular example of the Australian company of RetailCo and the way they utilized effective enterprise architecture and HRM strategies to bring about their transformation and also to bring about their overall growth as well as development (Tamm et al., 2015). The company taking the help of “150,000 employees and six key business units” and some effective use of the enterprise architecture has made significant strides in the retail business of Australia in the recent times (Tamm et al., 2015). The primary strength of the article can be said to be fact that this is one of the very few articles which focuses on the concept of HRM policies as well as enterprise architecture for the effective growth and the development of the retail business organizations in the nation of Australia. The primary weakness of the article can be said that the fact that the article takes into consideration only the case of the RetailCo retail business organization and does not take into consideration the retail companies of the nation of Australia.
The article provides valuable insight into the concepts of enterprise architecture and also the various HRM policies used by the diverse retail business organizations in the nation of Australia. Therefore, the concepts articulated by the authors in this particular article will prove to be very helpful for the Assessment 3 Essay.
“Salleh, R., Nair, M. S., & Harun, H. (2012). Job satisfaction, organizational commitment, and turnover intention: A case study on employees of a retail company in Malaysia. World Academy of Science, Engineering and Technology, 72(1), 316-323.”
This particular article by the authors “Salleh, Nair and Harun” and published in the journal “World Academy of Science, Engineering and Technology” in the year 2012 intends to provide an overview of the concepts of organizational commitment, job satisfaction and turnover intention and the role of the effective “human resource management” strategies and policies in them. The article considers the specific cases of the retail business organizations in the nation of Malaysia for the purpose of the analysis of these concepts and the role played by the HRM policies and strategies in them (Salleh, Nair & Harun, 2012). Furthermore, the article also states that the high rate of the employee turnover in the retail sector of the nation of Malaysia is fast becoming a major concern for the various retail business organizations of the concerned country (Salleh, Nair & Harun, 2012). The article also focuses on the “relationships between job satisfaction and organizational commitment on turnover intention” and how these are related to the strategies as well as the policies followed by the “human resource management” team in the retail business organizations in this particular industry (Salleh, Nair & Harun, 2012). The strength of the article can be said to be the fact that the article is one of the very few ones which takes into consideration the various concepts of employee turnover, organizational commitment and job satisfaction as one of the major precepts of the HRM policies as well as strategies of the business organizations belonging to the retail sector. The weakness of the article can be said to be fact that the article takes into consideration only the retail business environment of Malaysia and does not provide any information about the practices followed in the other nations of the world.
The article provides useful information about the concepts of organizational commitment, job satisfaction and employee turnover and the role which the various HRM policies as well as strategies play in them. Thus, these concepts will prove to be very useful for the Assessment 3 Essay.
“Agnew, J. (2013). Australia’s retirement system: Strengths, weaknesses, and reforms. Center for Retirement Research Issue Brief, 13-5.”
This particular article written by the author Agnew in the year 2013 and published in the journal “Center for Retirement Research Issue Brief” intends to provide an overview of the retirement policies followed in the Australian retail trade sector. The article also gives an overview of the strengths as well as the weaknesses of the current retirement policies and strategies followed by the various retail business organizations in the nation of Australia (Agnew, 2013). Furthermore, the article also gives an overview of the various new reforms which are needed in the current retirement policies as well as strategies followed by the various retail business organizations in the nation of Australia (Agnew, 2013). It is significant to note that the article arrives at the conclusion that “compared to other industrial nations, Australia has low public spending on old-age pensions” (Agnew, 2013). Furthermore, the article makes the pertinent observation that the “human resource management” policies as well as strategies followed in the retail business organizations in the nation of Australia have many drawbacks and they should take a leaf out of the policies as well as strategies followed by the retail business organizations in the nation of the United States of America (Agnew, 2013). The primary strength of the article can be said to be fact that the article is one of the very few ones which gives an account of the retirement policies followed by the various business organizations related to the retail sector and the role which the HRM policies as well as strategies plays in the process. The weakness of the article can be said to be the fact that the article takes into consideration only the retirement strategies or policies of the business organizations related to the retail sector and does not provide an account of the other relevant policies and strategies of the HRM.
The article provides insightful information regarding the retirement policies in the retail business organizations. Therefore, this particular article will be very helpful for the completion of the Assessment 3 Essay.
To conclude, it can be said that the retail industry is one of the most important industries in the nation of Australia and forms an important part of the economic backbone of the nation. Furthermore, the sector has underwent some drastic transformations in the recent times due to the innovative “human resource management” policies followed by the various business organizations related to the retail trade industry. It is a reflection of this that the retail industry in the nation of Australia has become of the fastest growing ones and contributes a significant amount to the economy of the nation.
References
Agnew, J. (2013). Australia’s retirement system: Strengths, weaknesses, and reforms. Center for Retirement Research Issue Brief, 13-5.
Boxall, P. (2012). High?performance work systems: what, why, how and for whom?. Asia Pacific Journal of Human Resources, 50(2), 169-186.
Bratton, J., & Gold, J. (2017). Human resource management: theory and practice. Palgrave.
Kramar, R. (2012). Trends in Australian human resource management: what next?. Asia Pacific Journal of Human Resources, 50(2), 133-150.
McDonnell, A., Boyle, B., Stanton, P., Bartram, T., & Burgess, J. (2016). Delineating human resource management practice in domestic and foreign?owned multinational enterprises in Australia. Asia Pacific Journal of Human Resources, 54(2), 165-187.
McGraw, P. (2014). A review of human resource development trends and practices in Australia: Multinationals, locals, and responses to economic turbulence. Advances in developing human resources, 16(1), 92-107.
Salleh, R., Nair, M. S., & Harun, H. (2012). Job satisfaction, organizational commitment, and turnover intention: A case study on employees of a retail company in Malaysia. World Academy of Science, Engineering and Technology, 72(1), 316-323.
Tamm, T., Seddon, P. B., Shanks, G., Reynolds, P., & Frampton, K. M. (2015). How an Australian Retailer Enabled Business Transformation Through Enterprise Architecture. MIS Quarterly Executive, 14(4).
Wilton, N. (2016). An introduction to human resource management. Sage.
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