HRM

Human Resource Management

Human Resource Management

Introduction

TESCO is the largest British retailer and also the third largest grocery retailer in the world with outlets across Asia, Europe and USA. The business of TESCO started in 1919 with a man named Jack Cohen started selling groceries from a stall in London's East End.

TESCO PLC is a British based general merchandising retail chain and an international grocery store. With profits of £3.03 billion and a turnover of UK£59.4 billion in 2009, it is the world's third largest grocery retailer and the largest retailer in British. TESCO works in 14 countries worldwide, with 65% of its revenue coming from UK and the rest coming from Europe, Asia and United States.

As TESCO continues to grow its core UK business and its retailing and non-food services, the organization is investing deeply in international growth and expansion as the key to attaining its objective of double digit growth. To facilitate the workers of the company to learn the skills and aptitudes in order to perform more quickly and effectively, TESCO has adopted new trends, processes and IT systems for the training and development of its employees. The training is conveyed in a manner that incorporates all learning aptitudes and agrees for cultural distinction.

Discussion

Training and development has always been an essential role of Human Resource Management. It guarantees quality human resources and permits individuals to grow professionally - both an inducement for improved performance and also a tool for retention that keeps highly appreciated talent within the organization. The determination to enhance training and development has increased today because of its significance in pushing for higher profits through advanced level of competitiveness. Nowadays, the new field of training and development is the increasing and changing role of technology in its procedures. Best HR practices train its eyes on good performance and learning activities.

Within the organization the training activities have increased and all employees now receive more training than before. This is an effect of the HR management taking a strategic part. Within TESCO, Human resource is not just n administrative department; they are practical and are on the tactical level of the company. This addition in training preference has been supported by an ascent in Human resource Management. This practice emphasizes that augmented growth and development can only be maintained in the long run; by providing the workforce with the skills and aptitudes they need to perform their tasks effectively.

Changing role of technology in training and development

Training is the learning of skills and knowledge in order for an individual to perform a particular job or task. Training benefits employees in a number of ways:

It increases the sense of rights in the business

Employees become more productive, organized and flexible and are better capable to meet the needs of external and internal customers

New abilities and skills in areas such as decision making can authorize staff, which makes them more effectual.

In this era of rapid technological change, there have been numerous training ...