Wednesday, May 6, 2020

A Report on Hr Policies of Starbucks - 7223 Words

A Report on HR Policies Of Starbucks Contents Introduction 2 Mission Statement 2 Human Resource Management 2 Workforce Planning 2 Hiring Process 2 Interviews 2 Job Descriptions 2 Compensation System 2 Benefits 2 Employee Motivation 2 Training 2 Workplace Health, Safety amp; Security 2 Promotional Opportunities 2 Employee Evaluation/Appraisal 2 Social Activities for Employees 2 Grievance Mechanism 2 Recommendations 2 References 2 Questions 2 Appendices 2 Introduction Starbucks is an international coffee chain with stores and franchises all around the world. Considered as the largest coffeehouse in the world, It was originally based in Seattle, Washington and founded†¦show more content†¦Therefore, it needs to offer something unique to customers as compared to other firms which offer the same goods or services, and this could be done by focusing on its primary component i.e. the employees. Six major activities related to ‘people’ have been identified that could add value to all areas of the business:- 1. Effectively managing and utilizing people. 2. Trying performance appraisal and compensation to competencies. 3. Developing competencies that enhance individual and organizational performance. 4. Increasing the innovation, creativity and flexibility necessary to enhance competitiveness. 5. Applying new approaches to work process design, succession planning, career development and inter-organizational mobility. 6. Managing the implementation and integration of technology through improved staffing, training and communication with employees. (Source: Investopedia.com). â€Å"We’re not in the coffee business, serving people, we’re in the people business, serving coffee.† –Howard Schultz, CEO of Starbucks Forbes has ranked Starbucks at #80 in its annual list of ‘100 best companies to work for’ in 2012, rising from a rank of 98 in 2011. Howard Schultz, the CEO of Starbucks, had a vision in his mind when he became the CEO. He wanted to â€Å"build a company with soul.† In order to achieve that, he concentratedShow MoreRelatedStarbucks Corporate Strategy Essay1314 Words   |  6 PagesStarbucks Corporate Strategy Corporate Strategy fundamentally is concerned with the selection of businesses in which the company should compete and with the development and coordination of that portfolio of business.[1] In the case of Starbucks the corporate strategy they have implemented is unique to their industry which has allowed them to differentiate from their competitors and is summarized best by Howard Schultz CEO of Starbucks, â€Å"We’re in the people business serving coffee,[2]† high qualityRead MoreStarbucks Hrm2736 Words   |  11 Pagesstrategic human resource that has been used in a global coffee company named Starbucks but also give my critical analysis of it. 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