W7A 590 Whole Foods Essay Example | Topics and Well Written Essays - 500 words

W7A 590 Whole Foods - Essay Example The whole foods store employs the demographic approach to store operations and hiring of new associates to ensure the maximum performance of the store. The demographic method involves the selection of new associates that help operate in most of the whole food store markets. Whole foods also hire new associates that are then divided into team members that help ensure the companies ‘effective management system’ (Shriberg, 2005). To encourage these teams to work harder and to reward them in case of good work the company management gives bonuses to the teams (Hinkin, 2010). These unique management systems employed by the company results to a lot of positive impacts the main one being the fact that the systems contribute to the management of human capital. The effect of these systems in relation to managing human capital is seen through the lower voluntary turnover annually. Through its the company is among the best companies to work for in the world, the positive effects resulting from the two systems employed by the company rise from the way the management system relates to the associates and the employees. In this system, the company holds on to the believe that each employee working in the company has a right to feel the stake in the companys success. Through this, the company has the eight values employed by the employees that attract more customers and provide complete satisfaction to the customers. This tactic result to the organizations competitiveness and success The whole food even with the advantageous approaches faces some challenges mainly resulting from the unending competition in the food industry. Many competition companies adapt the techniques used by the whole food markets, which in turn results in more challenges. However even with the challenges the company manages to fight the competition through its practices (practices that enable the company maintains