Human resource management of HMV Assignment Example | Topics and Well Written Essays - 1000 words

Human resource management of HMV - Assignment Example Performance reviews happen regularly and their frequent occurrence ensures the work excellence (Rijks, 2012). But looking at the recent scenarios in the business world regarding this company there is a lot that needs to be done. Suggestion for improvement in training and development programs are provided after a thorough analysis of the situation (Webb, 2013). Keywords: HMV, training and development, Human Resource Management in HMV The Essay aims to illustrate the essentials of human resource management in terms of the decisions that the company HMV (His master’s Voice) takes. The essay shall describe the initial semblance of the human resource management practiced in there, and inform whether the strategy the company follows is a hard or a soft one (and the strategies that are being used now and the ones that are en-stored for the future). The approach of the company shall also get portrayed and then analyzed whether or not it’s proper to use that approach. Recruitmen t and selection of the human resource shall come under discussion while taking into consideration the typical recruitment process of the company and the effectiveness of the results of this process. The tactics used by the company are to be explored. After that, training and development plans are supposed to be discussed for example what have been the former practices of the company and what are its plans, for now? But taking into account the history of the company, primarily the essay focuses on what the organization could do differently to come out of the difficult times it is in. Then performance management shall also be investigated in view of the feedback processes and incentives and appraisals granted. HMV represents the name His Master's Voice, which was actually the title of a painting bought by the founding company of HMV retail Ltd. (Gramophone Company). The painting was by Francis Barraud and depicted the dog Nipper listening to a cylinder phonograph. HMV deals in Books, Video games, Film, Television, Games, Magazines, Music, Fashion, Technology, Merchandise, Cinema and Ticketing. On its course company acquired Waterstone's in 1998 (which was then sold in 2011), the music retailer Fopp in August 2007 (BBC News, 2007), and some Zavvi retail outlets in February 2009. MAMA Group was also bought in 2009, though the acquisition was short and it was sold in December 2012. In April 2013 HMV was taken over by Hilco UK, as HMV group had entered administration earlier that year. Training and Development The section of the article is dealing with training and development practices in the HMV Company. HMV jobs are a brilliant way of starting a career due to their in-house training sessions and extensive skill-developing agendas. HMV provides a good position to work, for people passionate about music, movies, games and technology because HMV is aware that it is only as triumphant as its employees and the corporate culture of the company speaks for that sentiment . HMV has been conducting many activities to help its employees meet the goals set by their ambitions. A great stress is put upon learning something every day, because HMV believes learning to be one of its most rudimentary values for its employees. From the very beginning of their careers employees are given on job trainings and their development as an asset is not neglected. Since this essay already declares that HMV has one of the best induction programs, it