Table of Contents
Research Proposal Memo
Introduction of Company
Mission and Vision of the company
HR Forecasting and Succession Planning
Diversity initiatives
Training and development
Compensation and benefits
Corrective action and discipline
Turnover issues
S.W.O.T Analysis
Conclusion/Recommendation
To: Professor Steven Cates, GB 520 class, and To Whom It May Concern
Date: 3-20-2009
Re: Wal-Mart: Human Resources Project Proposal
For this course project I have chosen a company that I am very familiar with and have first hand knowledge of, Wal-Mart Stores, Inc. My plans for this project are to first gather information concerning Wal-Mart’s human resource practices, policies, and functions by using my access as an Assistant Manager to research materials. Through my gathering of information I will analyze this company’s human resources as a whole using the SWOT analysis method (Strengths, Weaknesses, Opportunities, Threats) and give a recommendation on their overall Human Resource Management.
Introduction of the Company
Wal-Mart is currently named #1 on the Fortune 500 as well as other prominent lists of prosperous companies, but it was not always that way. Wal-Mart began in 1950 when a young man by the name of Sam Walton opened the first “Walton’s 5 & 10,” which was renamed to Wal-Mart in 1962 by his assistant at the time, Bob Bogle. (www.wikipedia.com)
Wal-Mart is the “world’s largest retailer with $374.526 billion in sales for the fiscal year ending January 31, 2008.” (www.walmartstores.com) According to the company website they have more than 7000 locations with operations in Argentina, Brazil, Canada, China, Costa Rica, El Salvador, Guatemala, Honduras, Japan, Mexico, Nicaragua, Puerto Rico, and the United Kingdom. (www.walmartstores.com) Wal-Mart Stores employs more than two million associates worldwide; this includes more than 1.4 million in the United States alone according to the company’s
Cited: Business Net :http://dictionary.bnet.com/definition/manpower+forecasting.htmlwww.walmartstores.com Barbaro, Michael (2007) Wal-Mart Discloses Some Compensation Details Troy, M. (2005, October 10). Retrieved February 26, 2009, from www.findarticles.com: http://findarticles.com/p/articles/mi_m0FNP/is_19-44/ai_n15693272 Wal-Mart Wire (company intranet)