HRM (a joint venture ) Coursework Example | Topics and Well Written Essays - 4250 words

HRM (a joint venture ) - Coursework Example rces strategies executed by Sainsbury with regard to the methods through which employees are incorporated in the formulation of policies as well as decision-making processes together with the mechanism that are put in place to ensure he overall performance of the company is always kept on check. The report addresses the primary economic drivers in the United Kingdom where Sainsbury is based as it makes and in-depth analysis of the economy through the PESTLE framework. Conversely, the report makes a comparative analysis of the human resource situation in the United Kingdom about the overall systems in the rest of the world. That notwithstanding, the organizational issues that influence the formulation and implementation of human resource strategies at Sainsbury have been explored extensively as well as the national factors in the United Kingdom that have influenced the same over the past five years. The objective of this report is to formulate a human resource strategy for Sainsbury Plc. That will enable it to enter into joint ventures with other organizations in its global expansion programs. The report has made an in-depth analysis of the retail sector in the United Kingdom together with the general overview of the industry from a global perspective for it to recommend the course of action. Retail industry in the UK has been robust over the past five years with some ramifications shaping the industry. Ideally, there has been a strong sales momentum that has driven the volume of sales that retail outlets are making with Sainsbury being ranked second behind Tesco based on sales volume. High sales volumes experienced in the industry were fundamentally premised by a steady rise in spending that culminated from a period of deflation that has been experienced in the second quarter of 2015. The period of deflation meant the consumers had more disposable income thus they were willing to spend more money on goods and services. Ideally, the deflation that was announced in