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Human Resources Management » International and Global HR
| Subject : | Retail Secotr |
| Question : |
Dear Dr. Salah can you provide me of more information for retail business ? |
| Answer : |
To become an industry expert in the retail sector, I strongly recommend you read on daily basis the retail news on http://www.arabianbusiness.com/retail and http://www.ameinfo.com/160970.html Zawya also a good source for retail sector, this can be reached here: http://www.zawya.com/retail/default.cfm?cc Additionally, you should read on the Retail sector market researches, e.g. http://www.marketresearch.com/product/display.asp?productid=1793276 Now when it comes to the best practices of HR in the Retail sector, it all depends on two issues. 1-Your understanding to the \"business\" of the retail sector, and 2-Your understanding to the core functions of HR For example, if you realized the nature of competition in the retail sector, your recruitment strategy may shift from traditional web or online recruitment to headhunting from known-competitors. Similarly, knowing the nature of pay schemes in competing companies, your pay philosophy will change from low fixed - high variable to high fixed, low-variable...etc. |