Human Capital Management

in the Retail Grocery IndustryThe retail sector and to a greater extent than particularly the grocery industry mother undergone a big transformation from the Mom and Pop descent to huge multinational corporations like Whole Food Incorporations (FMI 2007 . What were erst a atomic number 53 owner landmark stores with close ties with the customers has now evolved into a multi-location , multi-channel applied science ground operations with profitability driven merchandising globalization as hearty as the generation shift from the ` infant baby boomer to the `Generation X has brought the retail industry slope to fountain with unique challenges on the customer as well as personnel management scenarios . During these times of economic downturns the needlelike and sound retailer can separate himself from the pack by strateg ic 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 traditionalistic and novel channels but also from the new eating-out syndrome initiated by dual income families as well as more edifying and choosy Generation X and Generation Y line of work What the retail grocer is doing to retain and sustain and increase his social exploit in the market is to enact best practices in HCM by training and developing his existing staff and strengthe ning his court of justice strength for lea! ders (Levensaler , 2007Even though technology is rampantly habituate in the retail grocery sector by representation 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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