Organisation Resource Management Ikea Commerce Essay

Organisation imagery Management Ikea Commerce EssayHistory is evident from the fact that for the success of any ecesis is genuinely vital to substantiate an alignment between the strategic and adult male pick clinicals of the memorial tablet to ensure some(prenominal)(prenominal) short term efficiency which would ultimately lead to long term profitability. A concept by McKinsey stating 7 S which includes super ordinate goals, strategy, structure, ashess, staff, skills and style was a spectacular approach towards apparelting up an organisations writ of execution excellence criteria. Human resourcefulness care alignment with mission is simply combining stack management with organisational ultimate goal execution strategy, matchless way of doing is to grant access to human resources to be a part of plan phase as a partnership would endlessly prosper if the employees or human resource is given equal importance and utilization as other sectors of decision making. hos tile the traditional strategic planning where human resource department was only considered to be a provider of personnel facility like staffing, pay, growth where as sectors like research and development, finance, production and commercializeing were the major players to be carefully considered neglecting human resource signifi erectce screwly solely the concept was out command by the modern sense of strategic planning, in which the importance of human resource is realised unneurotic with the actualisation of the fact that the company is known by race it keeps, as the business world got into the eon of intense competition the pick up for people training and development increased rapidly and era came when for a successfully run company it has to fix properly ingenious and skilled people and withal have a system of pro imaging of more trained employees on unconstipated intervals to continuously fill the crack caused by employment turnover, companies opted for the lat er concept noticed instant improvement not only in the performance level but also the motivational level of staff showed a rapid draw which realistically the only reason for the boiler effort improved performance. It is evident that where ever people in organisation are involved then its inevitable to neglect the presence of HR elements, Human resource also plays a truly vital role in bringing cohesion between the employees of any organisation which when achieved could do wonders in terms of goals achievement and has buildd history at sev agel times.A retailer which stands by its name IKEA (Ingvar Kampard Elmtaryd Agunnaryd), a basis furnishing retailer which was found in 1943, currently IKEA is not only a piece of furniture retailer but a phenomenon, a name which is identified from its unified identity of standardisation no matter what part of the world one steps into its big blue and yel number 1 set of blocks which carries approximately more than 9500 range of home furnish ing and germane(predicate) products with a restaurant facility as hygienic provided under the same roof. Over the years it has evolved as an identity of its own, a simplified approach towards furniture making with excellent cost cutting strategies, which ultimately has a direct impact on the cost offered to customer, price offered by IKEA stands out to be the cheapest in the market which has become so far the outstrip fantastic selling point this scrape can offer, but nothing is worth without a experimental condition of flat-pack concept back in early days which entirely change the image of furniture industry, it was planning ahead which now proves to be a convenience by coping up with the pace of usher days working people life style particularly younger generationIkeas vision is to create a better e actuallyday life for many people is a complete reflection of how company perceives people in mind which not only includes customers but any s wearholder which has a direct or in direct link to the company operation e.g. customers, employees, suppliers etc. on the other hand IKEA follows a rattling careful path in the pursuit of its business mission which is to offer wide range of home furnishing items of good design and function, excellent quality and durability at prices so low that the majority of people afford to buy themTherefore it is evident from the mission and vision that IKEA not only relates and base its overall operation to provide a better life for cheap but also focus on the quality and modernisation of the product it sells to keep it desired on affordable prices.The harmony between the organisational overall strategy and human resource strategy is achieved through a unconscious process which in present era been adopted and utilised by almost all the organisation realising the importance of integration of human resource element into overall strategy to ensure excellent results and motivated employees.To dig further deep it is very essential to realize the political, economical, social, technological, environmental and legal environment of IKEA which basically makes the basis of any strategic objective as external environment unneurotic with elements of internal environment that are strength and weaknesses would assist to evaluate ikeas corporate strategic situation which becomes the basis of ikeas strategic plan quite carefully phrased in it its vision and mission.Ranging from political stability. concern for society and social causes together with people concern, day to day technological progress to overall economic recession faced by the company , the companies strategy to keep the cost low is a great tactic in these times of economic turmoil specially when the retail market is hit by vat increases starting from 04th of january,2011 low price policy with diversity in the temperament of product range and business concepts referring to restaurant business IKEA has evolved as an intelligent set of brains and with i nclusion of human resource strategy and other practicable strengths to align with the overall mission has proved to be a successful and productive idea in terms of sales and employee retention as soundly.C)MergerIts a kind of a take over when both the firms combine into a new firm with the collectible permission of the real owners of the company who possess the shares of the company wherefore resulting in completely new positive entity. IKEA first of all baring the largest share in the home furnishing industry doesnt find itself in an urgent need of a merger as among the main reasons for merger is the pursuit of better performance or avoidance from decline scale of performance, expansion behind ikeas one of the vital priorities in adjoining some years might attract the concept of merger with some furniture retailer most probably on high street level to launch its high street outlet , but doing that would necessitate certain changes which could include new payroll system, d ifferent pay and other remuneration schemes, new policies for training and development could be settled between the parties to the merger, new staffing methods, new policy could be formed for loneliness scheme and benefits, disciplinary procedures could be altered as well etc. in a ball shell relocation of resources is always a part of mergers which could also include relocation of human resources depending on which kind of merger does actually take infinite.AcquisitionIn case of acquisition as well the whole set of human resource elements would be considered by party purchasing the other to suit their enhanced business and acquired work force requirements together with legal regulations, but in this form of take over if IKEA takes over any company it must be an intention to provide a dowry hand to stakeholders of the acquired company, therefore changes like payroll, staff rotation, job rotation, combined training and development, it could also result in human expertise been sen t to look after the acquired business resulting in lack of concentration on the main operation which indicated intense care is necessary while allocating the employees efficiently.Strategic alliancesThis is now being seen in regular practice by various firms all over the world reason being both to achieve competitive advantage like Superdrug and the perfume shop etc. or to plan a reduction of operating cost because of shared resources or purely marketing reasons. IKEA faced by this fibre of situation would definitely face some changes on immediate basis including maintenance of healthy parityship between the organizations for the achievement of combined goals, changes would require in the decision making patterns in the favor of universal interest, allocation of right people on the right job could raise argument between the relevant heads involved from both sides, a methods requires to be developed to ensure data protection of trade secrets which could be at risk if not handle w ith proper attention. Human resource strategy would also need a bit of alteration in terms of agreement on objectives as both the parties could have different set of overall objectives to follow.Joint speculationsIt is a kind of project undertaken by the two firms for a common interest and share the respects or losses from the particular venture, depending on the kind of joint venture the human resource would change to suit the requirement of the venture on both side to be conducted smoothly without bothering the overall objectives of both the firms and ensure all the relevant aspects like allocation of combine resources together with any training and development measures required to carry out the joint venture.TASK 2EMPLOYEE enlistingcultural multiplicity is one of the ikeas summit concern as far its recruitment policy is concerned, IKEA has always abide by the legal employment regulations and also exhibited a very responsible attitude towards its employees and potential drop em ployees, with the significance importance been given to the development of multi cultural environment at work place IKEA has established a very strong and constructive multicultural hub for people who IKEA believes only work for people. A sufficient candidate is always the one with high motivational energy together with relevant experience or knowledge.EMPLOYEE RETENTIONIKEA has a very smart process of communication in-between the employees who allow them pronounce freely their concern close to the business and the company, both ways communication is appreciated and practiced which is a prime reason for less percentage of employee turnovers. Together with fair and constructive pay system the company has gained its place in the hearts of its employees and with proper sum up of training and development procedures creates a bond between the brand and its very own people. Proper exit interviews are conducted on the exit of any member and both the parties are left with a brilliant im age on each other for future reference. schooling AND DEVLOPMENTIt is a responsibility of an efficient organisation to have a complete provision of training and development facility at work in order to maintain the motivation level of the team and to forgather the overall strategic objective of the organisation over all quality of work together with amount of loyalty are directly related to companys performance which are fully practiced in a routine culture of IKEA day to day operations.human resource department together with other functional heads and directors establish a strategy for training the team members over a given period of time to achieve future strategic goals with better preparations ensuring all the line managers of the departments are fully informed and trained for the training to be provided on the basis of individual performance and line of direction opted in the company, and together with the same line managers top management develops a plan in order to understan d the postulate for the relevant process. IKEA has very comprehensive set of performance judgement system which is conducted on every regular interval constructively to ensure employee satisfaction ultimately leading to customer satisfaction.IKEA has design a unique format of trading and development pattern with the name of on the job training as set up by IKEA college for the seek of potential managers which could lead the brand to a new era an excellence.Task 3PERFORMANCE APPRAISAL is a technique or a format to review the performance of the employees on one to one basis and comparing it to the company standards to evaluate the areas of strengths and weaknesses in order to improve the performance level and build-up the motivation level of the determined staff, but an alarm bell for below average performing members to come to know their areas of errors and rectify them in a given amount of time ends till next appraisal date which could be from 1 to 6 months depending on the urgen cy of it .Appraisal is a very vital tool for the employer being the one of its own kind to assist management of performance level. With the uphold of performance appraisal it is very easy for the employer to assess their potential inner-hierarchy growth in the company, therefore together with affecting the career path of the employees performance appraisal has also got a quite close relation with the salary increments as well.It is always recommended for an appraisal to be conducted with the immediate line manager to get the complete and comprehensive feed back for the sake of improvement over the next period of time, the appraisal process must be familiarised by the manager conducting it and be fair by all way as more the feedback being honest more chances of constructive development in an employee concerned provided the appraisal is conductive with ease and the employee has received all the feedback correctly without being offended.It is very beneficial for human resource depart ment to develop policies also can be utilised to give a chance to employees to express their opinion about anything about their job they wish talk about. Human resource department can provide plenty of assistance and advice with the help of the appraisal form prepared by the HR keeping in view each and every segment of working employee. Overall a very effectual tool for employer and employee in relation to performance levels.REWARD MANAGEMENTThe overall idea behind the reward management phenomenon is to support the human resource and mission of the company, it assist the company with patterns how to trains and develop the individuals which ultimately leads to employee motivation, rewards management system enhance the employer employee relationship and bring more harmony and determination among all of them as its about reward in return with self realisation , a proper reward management system has some legal implications to be made sure before drafting it and is also quite modishl y looked after.RewardsThere are two kinds of rewards1) Financial2) Non-financialFinancial being classified as tangible reward, one could get a monetary return for services but several studies are evident that these showcase of outer level needs doesnt keep the person motivated for a long time therefore classified in basic needs scenario, but Non-financial are the ones which although has no hooey value but have done enough to make histories. Intrinsic rewards ensuring self efficacy, self recognition and self actualization etc. satisfies higher level needs which are also known as motivators. Contradicting to the reward translation in old days, money as matter of fact is only considered to be a material return to fulfill basic needs and then what really works for an employer is when the employee is provided a sense of achievement etc. for a better future for the company and employee as well.