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Presented by : Mayank Sharma(7)
               Mandeep Bajwa(4)
                  Neha Bansal(5)
               Nitish Chauhan(6)
               Pravesh Mishra(1)
Introduction of Harrods
          Groups
                         years
 Harrods in a business for 162

 Situated in Brompton Roads , London

 Harrods founder name is Henry Edward Harrods

 Harrods has other enterprises undertaken such as
  Harrods Banks , Estates , Aviation and Air Harrods
Introduction of Harrods
           Retail
                        
 5,000 employees from 86 nationalities

 Footfall is up to 100,000 customers per day

 Harrods built a unique reputation supported by its
  brand values
  British; Luxury; Innovation; Sensation; Service

 Turnover of 1 Billion pound
Problems of Harrods
           
 Different labor market

 Retention of employees

 Perception of society towards Retail
Importance of
 Training & Development
                        
 To improve the performance of employees for
 achieving goal of business

 Focus on sales training

 Training – on or off-the-job
   Improves performance in a specific role
   Increases employee motivation
Importance of
 Training & Development
                        
 Development : Enhances and extends personal
  capabilities



 Provides  opportunities       to   employees   for
  development in sales skills
Training & Development
         in Harrods
                            
 Harrods Welcome – induction course for all

 Your Theatre – sales techniques and customer awareness

 Harrods Fashion programme – follows product from design to
  sale

 Voice, body language and presentation skills workshops

 Harrods Sales degree – the first and only globally recognised
  2-year programme
What employees says
          
 Jessica who start as a low staff employees after
  gradation and now 3 year later she is retail manager

 James is a Sales Associate and one of Harrods first
  Sales Degree students.

 Amber and Sabrina same case as them
Retention by Harrods
                  
Retaining employees:

  It help to lower recruitment costs

  Retains key skills and abilities in the business

  Improves staff loyalty and commitment
Retention by Harrods
           
Harrods strategies to retain employees :

   High pay scale and sales bonuses for individuals
    and teams

   Regular appraisal, clear targets and two-way
    communication

   Improved work schedules - help to give a better
    work life balance
Result of retention by
            Harrods
                 

Employee turnover fall from 51.4% in
2006 to 25% in November 2011
Human resource in IB
           
 MNC working with high skilled or qualified employees
  from different countries

 Examples : IT sector , Aviation sectors , Space agencies
  etc.

 These sector’s companies work with different countries
  employees and utilizes the resources from out of the
  nation.
Questions in case
                            
 1. Describe     the   difference   between   training   and
  development.

 2. Explain the importance of developing employees.

 3. Analyse the methods by which Harrods ensures it recruits
  and retains its employees.

 4. Evaluate how training and development leads to career
  progression at Harrods.
Conclusion
                   
 Changing perception of society

 Retention of employees and low employees turnover

 After training employees become loyal

 Utilize proper human    resource which belongs from 86
  countries
Developing a career path in retail HARROD CASE

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Developing a career path in retail HARROD CASE

  • 1. Presented by : Mayank Sharma(7) Mandeep Bajwa(4) Neha Bansal(5) Nitish Chauhan(6) Pravesh Mishra(1)
  • 2. Introduction of Harrods Groups  years  Harrods in a business for 162  Situated in Brompton Roads , London  Harrods founder name is Henry Edward Harrods  Harrods has other enterprises undertaken such as Harrods Banks , Estates , Aviation and Air Harrods
  • 3. Introduction of Harrods Retail   5,000 employees from 86 nationalities  Footfall is up to 100,000 customers per day  Harrods built a unique reputation supported by its brand values British; Luxury; Innovation; Sensation; Service  Turnover of 1 Billion pound
  • 4. Problems of Harrods   Different labor market  Retention of employees  Perception of society towards Retail
  • 5. Importance of Training & Development   To improve the performance of employees for achieving goal of business  Focus on sales training  Training – on or off-the-job  Improves performance in a specific role  Increases employee motivation
  • 6. Importance of Training & Development   Development : Enhances and extends personal capabilities  Provides opportunities to employees for development in sales skills
  • 7. Training & Development in Harrods   Harrods Welcome – induction course for all  Your Theatre – sales techniques and customer awareness  Harrods Fashion programme – follows product from design to sale  Voice, body language and presentation skills workshops  Harrods Sales degree – the first and only globally recognised 2-year programme
  • 8. What employees says   Jessica who start as a low staff employees after gradation and now 3 year later she is retail manager  James is a Sales Associate and one of Harrods first Sales Degree students.  Amber and Sabrina same case as them
  • 9. Retention by Harrods  Retaining employees:  It help to lower recruitment costs  Retains key skills and abilities in the business  Improves staff loyalty and commitment
  • 10. Retention by Harrods  Harrods strategies to retain employees :  High pay scale and sales bonuses for individuals and teams  Regular appraisal, clear targets and two-way communication  Improved work schedules - help to give a better work life balance
  • 11. Result of retention by Harrods  Employee turnover fall from 51.4% in 2006 to 25% in November 2011
  • 12. Human resource in IB   MNC working with high skilled or qualified employees from different countries  Examples : IT sector , Aviation sectors , Space agencies etc.  These sector’s companies work with different countries employees and utilizes the resources from out of the nation.
  • 13. Questions in case   1. Describe the difference between training and development.  2. Explain the importance of developing employees.  3. Analyse the methods by which Harrods ensures it recruits and retains its employees.  4. Evaluate how training and development leads to career progression at Harrods.
  • 14. Conclusion   Changing perception of society  Retention of employees and low employees turnover  After training employees become loyal  Utilize proper human resource which belongs from 86 countries