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    Human Resourse Functions of Walton

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    Aditta Barua
    The document discusses the human resource management practices of Walton Group in Bangladesh. It outlines several HR functions used by Walton Group including recruitment and selection, training and development, performance appraisal, compensation, and employee relations. It also discusses the corporate cultures at Walton Group such as respecting colleagues, compatibility with teammates, and being socially responsible. The HR department plays an important role in ensuring employee security, selective hiring, decentralized decision-making, and high performance-based compensation to create a high performance work system. Finally, the conclusion emphasizes that the HR behavior and communication channels help enhance Walton Group's corporate culture.

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    Human Resourse Functions of Walton

    Uploaded by

    Aditta Barua
    32 views4 pages
    The document discusses the human resource management practices of Walton Group in Bangladesh. It outlines several HR functions used by Walton Group including recruitment and selection, training and development, performance appraisal, compensation, and employee relations. It also discusses the corporate cultures at Walton Group such as respecting colleagues, compatibility with teammates, and being socially responsible. The HR department plays an important role in ensuring employee security, selective hiring, decentralized decision-making, and high performance-based compensation to create a high performance work system. Finally, the conclusion emphasizes that the HR behavior and communication channels help enhance Walton Group's corporate culture.

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    The document discusses the human resource management practices of Walton Group in Bangladesh. It outlines several HR functions used by Walton Group including recruitment and selection, training and development, performance appraisal, compensation, and employee relations. It also discusses the corporate cultures at Walton Group such as respecting colleagues, compatibility with teammates, and being socially responsible. The HR department plays an important role in ensuring employee security, selective hiring, decentralized decision-making, and high performance-based compensation to create a high performance work system. Finally, the conclusion emphasizes that the HR behavior and communication channels help enhance Walton Group's corporate culture.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    32 views4 pages

    Human Resourse Functions of Walton

    Uploaded by

    Aditta Barua
    The document discusses the human resource management practices of Walton Group in Bangladesh. It outlines several HR functions used by Walton Group including recruitment and selection, training and development, performance appraisal, compensation, and employee relations. It also discusses the corporate cultures at Walton Group such as respecting colleagues, compatibility with teammates, and being socially responsible. The HR department plays an important role in ensuring employee security, selective hiring, decentralized decision-making, and high performance-based compensation to create a high performance work system. Finally, the conclusion emphasizes that the HR behavior and communication channels help enhance Walton Group's corporate culture.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 4

    Jahangirnagar University

    Department/Institute: Institute of Business Administration (IBA-JU)


    BBA 2nd Year 2nd Semester Final Examination-2020

    Assignment for Final Examination

    Course No.# HRM201

    Course Title# Human Resource Management

    Name of the Student: Aditta Barua

    Class Roll No. # 1745

    Examination Roll No. # 180200

    Registration No. # 47740

    Academic Session # 2018 - 2019

    Total number of written pages in the assignment # 3

    Date of Submission: 16 October, 2021

    Instructions:
    1. Don’t copy from other’s assignment. Copying from others will be punished
    severely.

    2. The student must submit the assignment online (Google


    classroom/email/google form etc.) as the course-teacher prescribes.

    3. You must use your name# your EXAM ID only for naming your submitted
    file.
    Introduction:
    Walton In Bangladesh, Hi-Tech Industries Limited is known as Walton. It's an RB unit.
    Walton is a major producer of electrical, electronics, and cars in South Asia. It has a Dhaka
    office. Milliards of Bangladeshis love Walton goods for their great designs, quality and
    affordability. It is now a household name in Bangladesh. Walton is QMS and ISO
    14100:2004 EMS ISO 9001:2008 certified. Manufacturing superior high-quality electrical
    and electronic goods utilizing cutting-edge technology is the company's goal. In 1977, S.M
    Nurul Alam Rezvi established the Walton Group of Industries as a trade firm. The company
    expanded into steel, textiles, electronics, and cars during the following three decades.

    Human Resource Management of WALTON GROUP:


    A company cannot create a professional team without excellent human resources. So don't
    take it lightly. Human resources are essential for companies in many aspects, from strategy to
    company identity. Staffs get a variety of services from small business resource practitioners.
    HR enhances the organization's primary focus by studying how human capital affects
    authoritarian performance. HR pay experts design fair compensation systems that compare
    company pays to similar companies in the area, industry, or seeking employees with similar
    skills. Benefits authorities can reduce costs linked to turnover, whittling down, and
    contracting replacement experts. Bosses promise safe working conditions. HR worker
    relations authorities restrict the association's presentation and duty related to accusations of
    out of line business practices.

    There are several practices that Walton Group uses for their human resource sector. They are:

    1. Recruitment & Selection


    2. Training & Development
    3. Performance Appraisal
    4. Compensation Plan
    5. Employee Relationship

    Walton selects workers from both internal and external applicants throughout the recruiting
    process, which is the most important job of the HR department. Identifying the demand and
    Job advertising Circulars are two stages in the company's recruiting procedure. Different
    departments have a need for this when they don't have enough ineffective individuals to
    perform the work. HR receives reports from many departments when it comes to recruiting
    new workers. The Walton Group of Industries posts employment openings on its own
    website, the BD Jobs website, and in many publications.

    Cultures followed in Walton Group


    Responding to ever-changing customer and market needs via responsible, creative brilliance
    and acknowledged quality standards is the company's purpose. The Walton Group has a few
    corporate cultures that assist to keep the company running smoothly. The following are some
    of them:
    1. Respecting colleagues
    2. Compatibility with teammates
    3. Creative and intuitive mindset
    4. Owning the job
    5. Be socially responsible
    HR Functions of Walton Group for High-Performance
    Work System
    Teams benefit from high performance. As a crucial strategic role for attaining workplace
    standards, HR may assist teams. HR team of Walton group can play an important role for
    high performance work system by following some HR functions like ensuring employee
    security, selective hiring, decentralized decision-making, high results-based compensation,
    training by commitment, reduced status barriers, sharing key information, steps in conflict
    management, offering benefits etc.

    Ensuring Employee Security


    Employment security policies that show a commitment to workers' well-being function best
    when they are coupled with the careful selection and hiring of individuals who are a good fit
    for the organization's goals and job requirements. Walton contributes to employees to by
    ensuring their security even after their job ends.

    Training by Commitment
    Walton looks for young individuals who can help transform the industry, so the HR
    department comes up with a strategy to identify the best applicants. Not only that, but HR
    also ensures that comprehensive leadership development programs are in place for the
    country's future leaders. These kind of initiatives help to ensure that employees are
    productive in the workplace.

    HR Roles in Conflict Management


    In Walton, HR managers are critical in settling internal disputes. According to a research, HR
    managers who see themselves as mechanics are more likely to use a competitive conflict
    management approach. During disputes, this personality type is known for siding with the
    boss (Mash and Adler, 2018). Walton's HR department deals with disagreement through
    putting in place policy frameworks, enforcing disciplinary procedures, and learning about
    workers' perspectives. Individual differences may help workers in a team or group avoid
    conflict. As a result, by disregarding differences, workers will collaborate and work in
    harmony.

    Benefits Offered by Walton Group:


    Walton offers various benefits such as:
    1. Facilities of transportation
    2. Providing allowances regarding tours
    3. Providing insurance policy for every employees
    4. Creating a trusty fund
    5. Extra benefits for top performances
    6. Providing training and education to employees
    Having all these benefits, employees become more boosted to work for Walton group.

    Corporate Culture in Walton Group


    In the twenty-first century, corporate or organizational culture adaption takes longer to deal
    with dynamic changes. The lengthy procedure satisfies the varied needs of a company
    seeking a long-term competitive edge. The Walton Group and its Human Resource
    Management play a critical role in creating corporate culture and fundamental values that are
    consistent with the company's Mission and Vision. Strategic HRM makes operations,
    functions, and competitions more efficient. For each employee and outside connections, HR
    attempts to match these business tasks with fundamental HR actions. For instance, certain
    human resources procedures can guarantee that Walton's company culture matches its
    purpose and vision.

    The Walton group's HR department builds a connection between the company's workers and
    the company's management by holding numerous meetings at which everyone is allowed to
    air their complaints and requests. Walton's top HR practices thus aid the business in fulfilling
    its purpose and maintaining a healthy corporate culture.

    Conclusion
    The culture of Walton Group is very much influenced by HR behavior. Communication
    channels that allow for open discussions and the sharing of feedback provides positive
    outcomes. In addition to providing constructive criticism and recognizing workers when they
    go above and beyond expectations, HR helps enhancing the culture. HR functions of Walton
    Group like all other companies contributes in creating and maintaining high work
    performance as well as attains the mission and corporate culture of Walton Group.

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