People and Teams Management Analysis: Bestbuy.com Case Study Report

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Added on  2021/05/27

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This report provides a comprehensive analysis of Best Buy's people and team management, addressing key areas such as strategic human resource management (SHRM), organizational design, organizational culture, ethics, organizational behavior, motivation, performance management, retention, and succession planning. The report identifies problems like absenteeism, low productivity, and high turnover, proposing solutions that include revised attendance policies, positive work environments, employee empowerment, and strong public relations. It suggests a flat organizational hierarchy to improve customer experience and reduce costs. The report also emphasizes the importance of organizational culture, ethics, and employee motivation, recommending the use of Maslow's, Herzberg's, McClelland's, and Vroom's theories for motivation. A detailed section is dedicated to performance management and employee retention, with specific strategies for employee empowerment, engagement, and reward systems. The report concludes with a recommendation to hire Lisa Hilton as HR Manager, outlining terms of appointment and remuneration, and providing references for further study.
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Managing
People and
Teams
Case analysis and Presentation
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Purpose of the Study
Assessing an e-commerce company (Bestbuy.com)
in the following areas:
Strategic human resource management
Organizational Design
Culture and Ethics
Organizational Behaviour
Motivation
Performance Management
Retention and Succession Planning
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Strategic Human Resource Management
It is the practice of attracting, developing,
rewarding and retaining employees for the
combined benefit of the employee and the
organization.
Goals and objectives of the SHRM reflect and
support the goals of rest of the organization.
Major Functions of SHRM
Recruitment & Selection
Employee orientation and Induction
Maintaining good working conditions
Managing employee relations
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Problem and Solution
Problem
Widespread absenteeism
Low Productivity
Insubordination
Negative media
attention
High turnover
Lousy Safety record
Possible Solution
Tackling absenteeism
Creation and adherence
to the attendance
policies.
Setting clear guidelines
for Attendance.
Rewarding employees
with good attendance.
Providing employee
support.
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Solutions for Problems
Low Productivity
Create a positive
working environment.
Reward and recognition
Understanding the cause
behind the problem
Insubordination
Team Building exercises
Employee empowerment
Negative media
attention
Strong PR team
High Turnover
Identifying the cause of
Problem.
Create an environment
of learning and growth.
Provide job satisfaction
Lousy safety record
Compliance with the
safety precautions
Risk assessment,
evaluation and risk
treatment plan
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Organizational Design
It is a step by step method
which identifies the
dysfunctional aspects of
work flow procedures,
systems and structures,
aligns them to fit the goals
and objectives of the
organization.
At present the
organization structure is
based on Geography and
is strictly hierarchical.
The advised structure
for the E-commerce is
Flat hierarchy and
Utility of the new
organizational Design
Delighted and excellent
customer experience.
Increase in Profitability.
Reduction in the operating cost
due to less hierarchy and time
saving.
Higher efficiency and reduced
cycle time.
A strong culture committed to
organizational excellence and
engaged employees.
A clear strategy for managing
and growth in Business.
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Organizational Design
It is a step by step method
which identifies the
dysfunctional aspects of
work flow procedures,
systems and structures,
aligns them to fit the goals
and objectives of the
organization.
At present the
organization structure is
based on Geography and
is strictly hierarchical.
The advised structure
for the E-commerce is
Flat hierarchy and
Utility of the new
organizational Design
Delighted and excellent
customer experience.
Increase in Profitability.
Reduction in the operating cost
due to less hierarchy and time
saving.
Higher efficiency and reduced
cycle time.
A strong culture committed to
organizational excellence and
engaged employees.
A clear strategy for managing
and growth in Business.
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Organization Culture
Organization culture is the set of attributes, beliefs,
values and behaviour which contribute to the unique
social and psychological environment of the
organization.
Translation of the values of bestbuy.com in the
organization culture of organization.
The values are:
Integrity
Business Sustainability.
Customer centric
Team work
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Organization Ethics
Ethics are the preamble for any organization.
Ethics are supposed to be deep rooted in every
employee of the organization.
Employees who use ethics as a everyday practice in
the organization are the real creators for the
organization.
Ethics help in creation of a workplace filled with
positivity, factors of job satisfaction, integrity and high
discipline in the workplace.
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The power and virtues of Motivation
One of the strong reason for turnover in the
organization is lack of motivation, company has to
ensure that they put every effort to keep its
employees motivated(Sarangi & Shah, 2015)
Using Maslow Hierarchy Theory to understand
the level of motivation required for the
employees(McCarthy & Allen, 2017).
Usage of Herzberg theory of motivation.
Usage of McClelland Need Theory
Usage of Vroom expectancy theory of
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Performance Management
A Highly effective an efficient tool used by the
management, which includes various activities to ensure
the business objectives and goals are met in a highly
efficient and effective manner.Planning-Identification and
clarification on the SMART
objectives.
Identification of the result
monitoring process.
Decide on the monitoring
Process
Documentation of plan
Starting stage of Performance
management cycle.
Monitor- Monitoring and evaluate
the progress.
Taking corrective action
On going stage of the cycle.
Quarterly performance review.
New cycle begins after an year.
End of the performance
management cycle.
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Retention of employees
Best buy is struggling real hard to retain its employees,
which is one of the biggest reason for the poor
performance and negative image creation in the market.
The following steps will ensure the retention of its
employees
Employee empowerment
Employee Motivation
Employee engagement
Reward and recognition
Environment of learning and growth
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