Human Resource And Strategic Management Strategies Video
How can Strategic Human Resource Management (SHRM) help in modern organisational growth? Human Resource And Strategic Management StrategiesKFC is an American fast food restaurant chain which is specialised in fried chicken. It is a subsidiary company of Yum! Brands KFC, It was founded in by Harland Sanders.
INTRODUCTION
Burger King represents one of the largest food chains of world. The company has over 12, restaurants which cover 50 states and 73 different countries.
The people 21 managementphilosophies and strategies of both organisations have been discussed. Further the performances of organisations have been calculated and commented in terms of price earnings ratio, revenue per employee and profit per employee.
Wang and Cai agrees that the largest unit of company is in China which comprises more than 1, restaurants. It can be identified as the application of individuals to attain organisational objectives.
One of the significant functions of HRM source is staffing. Strwtegic organisation should have the appropriate number of employees with suitable expertise to do definite job at certain time. There are various important features such as planning, recruitment, selection and training. These features should be met to ensure companies are always productive. KFC is productive only because the hired persons have a specific job description.
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The internal environment is the factor which affects human resources and is inside boundaries of a firm Sheehan, HR is very important when it comes to hiring. The consumer philosophy of KFC focuses on the way customers relate to company. It includes transactional, relationship and mixed marketing philosophies. The transactional marketing includes the expensive purchases which are made by customers rarely.]
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How it can be defined?