JC Penney's Organizational Culture

JC Penney's Organizational Culture

Question #1

With specific reference to the case, what are your views concerning making the appointment as CEO a person from outside rather than promotion within the company?

Answer # 1

Introduction

In views of considering towards appointment of new CEO from outside sources rather than promotion within the company have both good and bad effects. Largely, in consideration of implementing strategic changes, promoting someone from internal is better than hiring from outside for long-term but in essence of bringing maximum performance through additional and required skills for the position which is lacking internally. There are varying differences in performances of each CEO and different criteria to weigh one over other.

Success and survival of organizations is provided by the quality of the workforce. Therefore, organizations should concentrate primarily on identifying and attracting the most competitive candidates, a problem that can be solved in the process of hiring a professional.

Professional recruitment is the process of identifying and attracting potential candidates for certain positions.

Professional recruitment is an ongoing process and is associated with:

Emergence of new posts

The creation of vacancies due to: stress, retirement, resignation, dismissal

Introduction of new technologies

Restructuring

Hiring the following objectives:

Select from the labor market as the largest possible number of candidates

Select candidates with strong background and interest in working with this organization

Hiring can be:

From the organization - internal

From outside the organization - external.

Internal recruitment is carried out at the level of the organization and should pre dominant compared with external recruitment, as is not to hire a new person, but only changes the position of the employees in the horizontal and vertical.

Sources of recruitment

Labor exchange

Recruitment Agencies (IGNA)

Advertising - Ads should contain information about the position, qualifications required, salary. Sources: Logos Press, Makler, Moldova Suverana, work and education, the local press

Internet

Dating - an appeal to colleagues, friends who can provide information for people interested in obtaining vacant

Database with potential candidates

Fair jobs

Random applicants - apply yourself for the work

Colleges, universities and other institutions

Customers and suppliers of enterprise

Trade journals and professional associations (ANTIM)

Experience has shown that the most effective ways of recruitment are advertising, employment agencies, internal recruitment.

Discussion

The human resources management is the function that ensures the company's human resources it needs for the work of the present and the future. To fulfill this mission, this function performs recruitment. These are indeed procedures that aim to collect and select the appropriate skill to fill a vacant or newly created. Moreover, an alternative recruitment available to the company: internal recruitment and external recruitment. 

The literature has derived a couple of arguments why CEOs that have been hired from outside the company differ from those that have been hired from inside. In this context the arguments that are brought forward towards a positive (negative) assessment of outsiders can typically be transferred towards a negative (positive) assessment of insiders, and vice versa. Considering that externally hired CEOs are able to induce strategic changes is most often highlighted as the major positive trait. Hambrick and Fukutomi (1991) argue that a vacant mandate could require either continuity or reasonable changes, ...