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Evidence-Based Management Presentation

   

Added on  2023-03-20

18 Pages1238 Words27 Views
PROJECT 2: EVIDENCE-BASED
MANAGEMENT PRESENTATION
Evidence-Based Management Presentation_1
DESCRIPTION OF THE
ORGANISATION
Woolworth Group as a leading Australian enterprise
operating in the retail industry has been chosen.
It is also remarked as the 2nd largest organisation in
Australia in terms of its generated revenue.
With a foundation year of 93 years, it is operating with
more than 202, 000 number of employees at 3 major
locations namely Australia, New Zealand and India and
hence depicts to be a large scale company.
Evidence-Based Management Presentation_2
ADOPTION OF HRM PRACTICE
Despite of it, the quoted entity is currently facing certain
number of issues related to the performance management
of their workers with a high rate of turnover as well.
This in turn is declining the quality of their products and
services to a great extent by negatively affecting the
business.
Considering this, the human resource management
(HRM) practice of compensation has been selected over
here to carry out this study.
Evidence-Based Management Presentation_3
RELEVANCY OF THE PRACTICE
The present report is based on an Australian company
named Woolworth Group that is currently facing some
HR related issues due to an increasing turnover rate of
their employees.
It has therefore led to a concerning circumstances where
the HRM of the cited entity is unable to retain their
workers.
For this purpose, compensation management is referred
to be one of the most effective tool for retaining the
employees by keeping them motivated at work.
Evidence-Based Management Presentation_4

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