Sunday, December 22, 2019
Hobby Lobby Business, History, Culture, Locations, And...
When analyzing and review a companyââ¬â¢s human resource practices it is important to fully understand the companyââ¬â¢s business, history, culture, locations, and demographics. Hobby Lobby is described as one of the largest privately owned arts-and-crafts stores in the world. Hobby Lobbyââ¬â¢s business consists of over 32,000 employees and over 750 stores in 47 states. (Why choose hobby lobby, 2017) Their headquarters are located in Oklahoma City and have three overseas offices in Hong Kong, Shenzhen, and China. Hobby Lobby was ranked #147 on Forbesââ¬â¢ list of Americaââ¬â¢s Largest privately owned companies. (Forbes, 2016) Demographics and Culture Beginning with just a $600 loan, Hobby Lobby has been a thriving business in accommodating to consumerââ¬â¢sâ⬠¦show more contentâ⬠¦Also their wages are above average starting at $10.50 for part-time employees and $15.50 for full time employees. Another positive aspect of this type of incentive is that it is easier to attract new employees. Hobby Lobby also has many opportunities in their company, specifically with their online usage. They have recognized the importance of an online presence and are currently using social media sites to attract new hires whenever they are opening a new location or participating in a hiring event. Hobby Lobbyââ¬â¢s Weaknesses and Threats With strengths comes weakness and with opportunities comes threats. Hobby lobby is lacking strongly in diversity. When conversing with a local Hobby Lobby human resource manager, Gary Adams his primary concern was with diversity. He conveyed that they currently are not exemplifying a diverse workplace as well as a diverse customer environment. Gary also mentioned that it is difficult to attract male employees and other ethnicities. While there are not any large significant indications for this, there are steps to take to increase diversity and ensure a fair recruiting and selection process. (Adams) Recommendations to Increase Diversity As previously stated, there is a need for improvement in the area of recruiting and selection specifically with diversity. Therefore, there is a process to increase diversity within the recruitment and selection process.Show MoreRelatedForeign Market Entry Strategy - Four Seasons in Brazil23037 Words à |à 93 Pagesnarrates in detail the marketing plan Four Seasons will implement in the local geopolitical environment. Brazilââ¬â¢s present political, legal, social and economic state draws the conclusion that acquiring a local luxury hotelier while utilizing its business resources like a partner, is the best mode of entry for Four Seasons. 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