Discuss Human Resource Management of AutoZone within the Human Resources Management (H.R) forums, part of the PUBLISH / UPLOAD PROJECT OR DOWNLOAD REFERENCE PROJECT category; AutoZone (NYSE: AZO) is a Fortune 300 corporation based in Memphis, Tennessee which is engaged primarily in the business of ...
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Human Resource Management of AutoZone
Human Resource Management of AutoZone - January 24th, 2011
AutoZone (NYSE: AZO) is a Fortune 300 corporation based in Memphis, Tennessee which is engaged primarily in the business of the retail sale of automotive parts and accessories. It was originally a division of Memphis-based wholesale grocer Malone & Hyde, and went under the name Auto Shack, which was changed after the RadioShack company objected. After the sale of the grocery operation to the Fleming Companies of Oklahoma City, the name of the company was changed to AutoZone to reflect the new focus. AutoZone holds the naming rights to the downtown Memphis baseball stadium that is the home of the Memphis Redbirds of the Pacific Coast League. The company also sponsors the AutoZone Liberty Bowl.
Valucraft, Duralast and Duralast Gold are AutoZone's private label brand of automotive batteries (manufactured by Johnson Controls), as well as other parts and accessories.
AutoZone is incorporated in the state of Nevada. Its major competitors include Pep Boys, Advance Auto Parts, Carquest, NAPA, Ace Auto Parts and O'Reilly Auto Parts, who also does business as Schucks, Kragen, and Checker Auto Parts as a result of a 2008 merger with CSK Auto.
Human resource management is the department in an organization that deals with the management of human resources. Also known as personnel management in some organizations, the human resource management deals with employee matters like recruitment, training, wages and salary. The human resource management department is headed by a human resource manager and to become a human resource manager, one has to undergo a human resource management course. Students who take human resource management are required to write many varied academic management papers during their period of study.
The purpose of SHRM is to make the integration of organizational objectives and HR policies and practices. The organization views its human resources as the most important contributor to the company’s success. Because of this the HR department was appointed to develop strategies and policies that is geared towards the achievement of the company’s goals by making use of the human resources. In order for us to have a clear picture of how the HR department deliver people strategy let us have a look at the SHRM process.
1. Identifying the impact of the company’s gaols on specific departments.
The plans of the HR department are based on the strategic objectives of the organization. The objectives of the HR department are derived from the overall strategy of the company.
2. Identifying the knowledge, skills, expertise and total number of employees required to achieve the organizational and functional and departmental objectives.
The top management encourages every department to come up with their own objectives and goals. Based on these goals, the knowledge, skills and expertise required are determined. The HR department makes sure that the company have access to adequate pool of knowledge, skills and abilities.
3. Determining the additional human resources requirements in light of the organization’s current human resources.
The HR department is responsible in keeping track with the current condition of the company’s human resources. The HR department is responsible for making sure that the human resources requirements are satisfied in order to keep the operation flowing.
4. Developing specific action plans to meet anticipated human resources.
The HR department makes a plan in order to accommodate the people in the organization. The HR department provides training for the new employees and makes sure that the knowledge and skills of the current employees are always updated.
Last edited by netrashetty; January 24th, 2011 at 11:46 AM..
Re: Human Resource Management of AutoZone
Re: Human Resource Management of AutoZone - June 22nd, 2015
Meaning and Definition of Human Resource Management
Human resource management (HRM) is the governance of an organization's employees. HRM is sometimes referred to simply as human resources (HR).
Important Objectives of Human Resource Management
1. Achieve Organizational Objectives
2. Build Functional Objectives
3. Satisfy Personal Objectives
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