Strayer University HRM560, Assignment 2

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Assignment1SelectingaCompany.docx

Running head: ASSIGNMENT 1 1

ASSIGNMENT 1 2

Assignment 1

Selecting a Company

Daniel Hernandez

HRM560-Managing Organizational Change

Strayer University

Dr. Zakia R. Batchelor

January 21, 2020

Sears became a household name in the early 1970s. Richard Sears, the owner, started a mail-order Watch Company in Minneapolis in 1886. Shortly after his arrival, he placed an advertisement in the local newspaper seeking to hire a watch repairer. Alvah Roebuck answered the ad and was instantly hired, and a partnership developed. Sears, Roebuck, and Company, a catalog sales organization selling watches and diamond jewelry, started in 1887. The company later changed its name to Sears. Richard opened the first Sears retail store in 1925; 300 more stores opened over the years in several states. This paper will complete an analysis and provide a recommendation on necessary changes to Sears Employee Performance Plan.

The company implemented procedures and policies that are embedded in business practice management. Sears have developed a combination of strategic management and operations planning in communicating the company's vision and mission statement to the employees. Over the years, Sears have managed employees and stakeholders with a clear view of the company's values, purposes, and goals. This organization utilizes a competitive strategy approach to keep employees engaged in the company's business model (Sears Corporate, 2017).

The change from annual reviews to Performance Enablement came about in 2013. Sears decided to appraise employees by their performance instead of yearly evaluations. The management team realized that employees benefited more from tools that enabled them to perform in the scope the business intended them in (Sears Corporate, 2017). This method proved to be interactive as it offers feedback to leadership on employee’s performance and an action plan for remediation or appraisal (Guest Contributor, 2015). My recommendation will include changing the existing policy to the 360 Employee Performance Programs as they provide continuous feedback and offers encouragement and motivation from senior leaders.

References

Guest Contributor (2015). HCM Essentials. Sear Holdings Replaces Annual Performance Review with Fluid Dynamic Feedback. Retrieved from http://www.aberdeenessentials.com/hcm-essentials/sears-holdings-replaces-annual-performance-review-fluid-dynamic-feedback/

Sears. (2012). Sears History, 1886. Retrieved from http://searsarchives.com/history/history1886.htm