Human Capital Management

in the Retail Grocery IndustryThe retail sector and to a greater extent than particularly the grocery industry have undergone a big transformation from the Mom and Pop store to huge multinational corporations like Whole Food Incorporations (FMI 2007 . What were once a atomic number 53 owner corner stores with close ties with the customers has now evolved into a multi-location , multi-channel applied science based operations with profitability driven merchandising globalization as hearty as the generation shift from the ` infant Boomer to the `Generation X has brought the retail industry slope to face with unique challenges on the customer as well as personnel management scenarios . During these times of economic downturns the needlelike and proficient retailer can separate himself from the pack by strategic Even in the retail industry we pick up the Pareto s 80 /20 rule with hardly a 10 of the retailer companies accounting for nearly 70 of the market .

The retailer grocer is facing increasing stiff competition not lonesome(prenominal) from traditional and novel channels but also from the new eating-out syndrome initiated by dual income families as well as more informative and choosy Generation X and Generation Y clientele What the retail grocer is doing to retain and sustain and increase his social movement in the market is to enact best practices in HCM by training and developing his existing staff and strengthening his judicature strength for leaders (Levensaler , 2007Even though technology is rampantly utilize in the retail grocery sector by delegacy of self service counters or automated...If you want to get a full essay, order it on our website: Ordercustompaper.com

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