Sustainable HRM Practices of Woolworths and Wesfarmers: A Report

This report provides a comprehensive analysis of the sustainable Human Resource Management (HRM) practices of Woolworths and Wesfarmers, two major retail organizations in Australia. The report examines their strategic approaches, including the application of Trait theory and Contingency theory by Woolworths, and the focus on employee development and well-being at Wesfarmers. It delves into the implications of the Global Reporting Initiative (GRI) principles on their HRM strategies, assessing their performance in social, environmental, and economic sustainability. Through a comparative analysis, the report highlights the strengths and weaknesses of each company's HRM practices, offering insights into how they can improve their sustainable HRM credentials. The report also explores the importance of long-term orientation in HRM to address challenges such as demographic changes and skill mismatches. The report uses the case studies to show how the sustainable HRM practices can be helpful for the success of the business organization.