Tuesday, October 8, 2019
Report Proposal Essay Example | Topics and Well Written Essays - 1000 words
Report Proposal - Essay Example Employee engagement is a necessary tool for creating innovative, motivated, committed and high productive workers in Wal-Mart. Conversely, the Wal-Mart has adopted a lean strategy that has enabled it to enhance efficiency while minimising resource wastages, thus saving a significant amount of resources for the company. Currently, Wal-Mart operates approximately 8,900 outlets globally out of which 54% are located in America. In 2010, the firm reported revenues amounting to$ 408 billion, which was a 1% increase from the previous year. Arguably, Wal-Mart has been able to control the retail chain segment in the industry since it commands over 60% of revenues of the retail chain industry (Thomas, 2010). Wal-Mart is the preferred organisation for this study because of its long time success in the retail chain industry. The organisation recognises employee engagement as a crucial tool and mechanism for improving employee productivity and motivation. The organisation recognises employees as an imperative strategic resource through which it can deliver quality products to the customers and as a mechanism for achieving organisational goals and objectives. Thus, it is imperative to examine Wal-Mart in this study to find out how crucial employee engagement is to the organisations success. (Walker, 2012). Employee engagement and involvement is an emerging trend in the human resource department of organisations. It has become imperative that organisations should engage their organisations to ensure an organisation achieves its core objectives at the least cost possible. Wal-Mart over the years has invested heavily in its human resources through in-house training and engagement in key administration functions in which they are bestowed with immense responsibilities to enable them develop personally and gain self-drive in performing their assigned duties
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