HR strategic plan for Walmart

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HR Strategic Plan for Wal-Mart Student’s Name Institution Introduction Wal-Mart started as a single store to sell more products at an affordable price. The owner did not envision the tremendous growth the organization was to achieve 50 years from the time of its establishment. Currently, Wal-Mart has close to 260 million customers globally and 11, 500 stores spread in 28 countries. It has employed 2.3 million workers and generates annual revenue of about $482.2 billion (King & Chicken, 2015). The organization is, however, faced with challenges regarding the salaries and union employee representation that ruin its reputation. These challenges are threatening the future sustainability of the organization; in this regard, the paper will discuss a Human Resource strategic plan that can be implemented for the company to deal with the issues likely to hinder its future prosperity. Business Needs Wal-Mart organization is driven by the urge of providing its products at affordable prices. It aims at extending its distribution from 28 countries to the entire globe (Hassan, Sistani & Raju, 2014). Additionally, it objects to improve the worker-company relationship to avoid high turnover rate. These business needs are the driving force for Wal-Mart since its time of establishment. The needs will be attained through the following strategies: the company is involved in product analysis to identify the cheapest suppliers in the market and sign business deals; this will enable the organization to maintain its products at the lowest price in the market. Additionally, the organization can import products from countries where the law materials are

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