StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

Retail Management Career Path Paper - Assignment Example

Cite this document
Summary
Human capital is the most important asset of organizational success. Although facts and figures may be the main elements of success in an…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER98.6% of users find it useful
Retail Management Career Path Paper
Read Text Preview

Extract of sample "Retail Management Career Path Paper"

Retail Management Career Path Paper According to organizational psychology, an organization does not solely owe its success to the market sentiments and competitive advantage. Human capital is the most important asset of organizational success. Although facts and figures may be the main elements of success in an organization, the ability to handle the cognitive aspects of the organization may make or break the organization. It is based on these provisions that one may understand the importance of human resource department in an organization.

This career is interesting due to the dynamics involved. It gives an individual an opportunity to interact with employees and understand their weaknesses and how to improve them (Sims, 2008). This form of skill empowerment is not only important to the organization but is also crucial in improving personal relationships.1) Required competencies;The competencies required in human resource management for this century can be split into two;a) Personal attributesb) Leadership and managing competenciesPersonal attributes;Result orientationThis is the ability of the human resource manager to maintain focus on the activities that possess the greatest potential of meeting the work commitments.

It is an attribute that allows them manager to understands and concentrate on facts that have a greater impact in the meeting of work requirementsCommitmentThis is the ability to demonstrate the initiative and individual accountability in meeting the demands of work according to the highest standards of the organizationHonesty and integrityThe human resource manager should demonstrate the highways point of business ethics and should adhere to the promotion of key values in business and personal transactionsb) Leadership and managing competenciesVisioning and alignmentThe human resource manager should be able to create and communicate organizational vision that will inspire and align the employeesStrategic thinkingThe human resource manager must actively pursue strategies and potential opportunities for the benefit for the good of the organization.2) Working conditions; While other professionals may work from their homes or in pleasant working conditions, an average human resource manager works for a standard 40 hours per week.

This is due to the requirements involved in fulfilling the role. These include organizing trainings and concentrating on improving employee output.3) Recommended professional developmentHuman resource managers are required to attend various refresher courses in handling the dynamics of manpower management. The mangers are also expected to work on their individual relation building attributes so as to ensure that they understand the needs of the organization and how to align them with the available manpower (Martin, 2008).4) AdvancementCareer advancement in the field of human resource goes to the doctorate level.

This is the highest point of academic advancement that a human resource manager can archive. There are also training sponsored by renowned human resource trainers in the world. Human resource managers’ are expected to attend such training and receive certifications that are globally recognized (Martin, 2008). The training is tailored to meet the modern requirements in the field of human resource management.5) CompensationThe compensation in this field is decided by a number of facts including; education and personal achievements.

There is no limit to the nature of compensation that a human resource manager is entitled to. The dynamic involved include the size of the organization, the requirements of the office and the strategic positioning of the organization. Some of the highest paid human resource managers earn up to 350000 dollars per month while the lowest may earn 1000 dollars per month.6) Ups and downs of the jobThere are major ups and downs of the job; one of the benefits of the job is that it builds individual understanding thereby improving once ability to deal with different people.

The other benefit is that it gives an individual the ability to exercise their creativity by coming up with ideas that fit into the requirements of the organization. The financial compensation is also a high point in this field as majority enjoys good compensation (Pieper, 2008). The low point in this profession is the working hours. While other professionals may work for fewer hours, the human resource manager works for 40 hours per week.7) LifestyleThe lifestyle of human resource professionals is modest.

They are accorded the benefit of having a company car and a company house. Others are given significant entertainment allowance that allows them to go for overseas holiday trips. In relation to working environment, the professionals are always busy holding consultative meetings with relevant parties. They are also expected to travel extensively.ReferencesSims, R, 2008, ‘Human Resource Management: Contemporary Issues, Challenges, and Opportunities (HC)Contemporary Human Resource Management Series’, Washington: IAPMartin, K, 2008, ‘Human Resource Management’, New York: SAGEPieper, R, 2008, ‘Human Resource Management: An International Comparison’, New York: Walter de Gruyter

Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Retail Management Career Path Paper Assignment Example | Topics and Well Written Essays - 500 words”, n.d.)
Retail Management Career Path Paper Assignment Example | Topics and Well Written Essays - 500 words. Retrieved from https://studentshare.org/management/1620836-retail-management-career-path-paper
(Retail Management Career Path Paper Assignment Example | Topics and Well Written Essays - 500 Words)
Retail Management Career Path Paper Assignment Example | Topics and Well Written Essays - 500 Words. https://studentshare.org/management/1620836-retail-management-career-path-paper.
“Retail Management Career Path Paper Assignment Example | Topics and Well Written Essays - 500 Words”, n.d. https://studentshare.org/management/1620836-retail-management-career-path-paper.
  • Cited: 0 times

CHECK THESE SAMPLES OF Retail Management Career Path Paper

Lack of Minorities in the Information Technology Field

This paper takes a look at this apparent discrepancy, what the recruiting and retention practices are for the Information Technology field.... Throughout the paper suggestions are made for how this situation can best be resolved.... This preconceived notion that women are the weaker sex can then result in issues when women seek a career in a field that has been male dominated....
15 Pages (3750 words) Research Paper

The Overtime Dilemma of a Hotel Manager

Furthermore, when choosing this particular topic, it came to the attention of the researcher that the specific subject matter has a direct correlation to both the legal matters as well as the applicability and practicality of choosing this specific field as a potential future career path.... Thus it can be said that being a hotel manager is one of the most challenging job a hotel industry major can ever pursue as a career having to ensure the job gets done under his management an he gives smiles to his boss at the end of the day....
9 Pages (2250 words) Research Paper

Labor Market

Each employee has to chart out their own career path and endeavor to accomplish their most ambitious goals.... Labor Market Name: Institution: Labor Market From this paper's assessment, when a new Wal-Mart store opens, it usually has about 400 workers.... hellip; This paper also found out that there is an increase in the number of retail positions in any area that Wal-Mart chooses to open a new store.... This paper will discuss the labor market from which Wal-Mart Stores obtain candidates for vacant positions in the company....
4 Pages (1000 words) Research Paper

Understanding the Essence of Career Development as a Function of Human Resources

In this paper, the author explores career development as a function of the human resources department of any company or organization.... This paper shall be divided into three parts: firstly, a discussion on the essence of organizational and employee management as defined and explained by National Career Development Organization or NCDO; secondly, an in-depth analysis of the contents of career development and its role in attaining business objectives; and lastly, a conclusion that will synthesize all the key learning points gleaned....
7 Pages (1750 words) Term Paper

How a Business Admin can lead you into a successful leadership role in financial management

This paper looks at the all the matters that concern financial management as a career from job description to the salaries as well as other factors that affect the job or are projected to affect it in the near future.... The paper also explores the duties of a financial manager.... Financial managers are also consultants during the decision making process by the management....
5 Pages (1250 words) Research Paper

The Activities of Career Development Involving Decision-Making Processes and Planning

However, for the case of this paper, the focus is made on an individual basis.... The author states that for individuals, career development involves a broader array of activities involving decision-making planning, whereas, for organizations, it involves the practice of managing the HR workforce.... our major theoretical approaches exist from which the study of self-efficacy beliefs emanates, especially in career development....
8 Pages (2000 words) Term Paper

Knowledge Continuity Management In Healthcare

The objective of the paper "Knowledge Continuity Management In Healthcare" is to apply knowledge management theories and concepts for improvement of the health organization's record system.... One major difficulty is that the hospital uses an electronic record while the LTC is still using paper records.... In addition, the LTC staff is adamant that paper is fine and that they do not have the time to learn an electronic medical record.... The objective of this paper is to apply knowledge management theories and concepts to the abovementioned scenario on the health organization's record system given the newly acquired Long Term Care facility....
6 Pages (1500 words) Research Paper

Gender Discrimination in the Present Days

The paper "Gender Discrimination in the Present Days" highlights that the victims can suggest their authorities to conduct different workshops within the organization.... The purpose of this paper is to observe the effects of discrimination in the workplace with respect to the motivation of female employees....
10 Pages (2500 words) Research Paper
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us