Case Analysis: Global Human Resource ManagementWhat are the HR strategies that management must undertake and support to create a successful global presence to ensure an organization's success in achieving the own goals and mission?Wal-Mart EstablishmentThe first Wal-Mart store was opened in July 1962 in Rogers, Arkansas by Sam Walton who believed that the future of retail was in discounts and to avoid competing with established giants such as Sears and Woolworth, declared Wal-Mart out of large cities in Early on and this strategy helps avoid competition, while in rural areas Wal-Mart began to broaden its customer base by offering ways to save money and reduce distances of travel, Sam Walton felt that the best way to make customers happy was to provide low prices every day (Farhoomand, 2006). The company needed to continually find ways to control operating costs so that the savings were then passed on to Wal-Mart customers in the form of lower prices than the competition. Walton was against having any type of employee union for his company and saw them as an inconvenience and inconvenience (Farhoomand, 2006). The constant search for lower prices made him aware of work-related travel costs, Wal-Mart executives stayed in low-cost hotels when they traveled, and costs related to services provided by suppliers, Wal-Mart helped suppliers improve operations and efficiency to produce less cost. Walton wanted suppliers to correct any existing inadequacies or insufficiencies in their corporate structures so as to obtain lower prices and higher-value products for his Wal-Mart stores. To push savings even further, Wal-Mart reduced costs by eliminating middlemen and buying directly from manufacturers. This cost savings also applies to executive salaries. Walton believes that providing employees with stock options, training opportunities, and allowing employees to grow and develop would be a better way to engage and engage them in his vision (Farhoomand, 2006). A significant component of Wal-Mart's success was how it treated its employees or as they are known as Wal-Mart "associates", the beliefs or rules of the Wal-Mart culture make associates want to provide a excellent service to its customers. During visits Walton encouraged employees to make a point of greeting customers and asking if they will assist them or when entering a Wal-Mart store customers are greeted by a greeter, an employee who greets them and hands out shopping carts ( Farhoomand, 2006).
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