Tuesday, November 19, 2019
HR - Organization Environmental Pressures Essay
HR - Organization Environmental Pressures - Essay Example This paper gives a critical evaluation of these pressures, and it proposes a strategy that the organization can use, for purposes of solving or mitigating the pressures under consideration. In meeting the objectives of this paper, the researcher will create a table, identifying three environmental and organizational pressures that Wal-Mart faces. Furthermore, this paper will rank these pressures, in accordance to their influences. This paper will also contain a detailed description of these pressures, and how they have evolved over a period of time. Furthermore, it would identify how these pressures have impacted the organization, from its financial perspective, and also from the perspectives of its employees, and that of the researcher. An important organizational pressure that Wal-Mart faces is on the expectations that its stakeholders have on it. The stakeholders of the company expect it to be a high performer. This expectation on Wal-Mart is based on its position in the global retailing sector. As of 2014, Wal-Mart was voted as the worldââ¬â¢s largest company, in terms of revenues. Furthermore, the company has employed more than 2 million people, and it is considered as the biggest retailer in the world. Furthermore, the company is considered as the biggest grocery in United States, and as of the year 2009, it was able to generate 51% of the total sales made by the company. Based on these statistics, the company is under pressure to maintain its good performance. Furthermore, because of increased competition, emanating from new retailers in the industry, the company is forced to develop strategies that would ensure it remains a market leader in the retailing industry. To be a high performer, the company has i nitiated a cost leadership strategy, whereby it sales its products at a cheaper cost, to attract customers to it. Furthermore, the company has sought to decrease its capital expenses, by
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