The Importance of Benchmarking in Strategic Management

The Fortunes list of speed of light best companies to solve for is a source of prestigiousness to companies that are nominated by their employees as the best companies to work for. The Container install which is a Dallas-based retail shop class emerged number 32 in the recently released 2009 Fortune list. One department to reckon with at Container stack away is the human mental imagery counsel which earned the association a position in the Fortune 100 best companies to work for in America. But just what is Container Stores approach to human resource prudence?This makeup seeks to answer this question and offers conclusions about the human resource management approach utilize by the company. summary Container Store makes use of a on the table human resource structure. Their rules on employees are simple and flexible and the concept of a rulebook or manual for employees is not their way of managing people (Laabs, 2001). The company is interested in peoples ability to be st raight forward and eager to counter different situations with flexibility and creativity.Unlike in the traditionalistic HR system, Container Store makes use of managers and supervisors to promote motivation and staff retention since they are more juxtaposed to the employees (Laabs, 2001). There is great interaction between employees and managers in order to create freedom of expression. Even the founders nouveau-riche and Garret still frequent the store to interact with employees and help them out (Container Store, 2009).The companys employee development philosophy focuses on employees talents and not titles letting employees make the best use of their abilities to benefit themselves and the company. Container Store puts great value on employees describing them as the greatest assets in the organization. Motivation and an enthusiastic environment are the work outs that give its employees the desire to tick with the company for years (Container Store, 2009). Career development a nd training ensure well qualified staff for the company which is very keen on customer care.For motivation, great benefits for their employees including exceptional training, job security and attractive profits package are provided. A 40% discount on the companys merchandise, 401(k) retirement benefits, medical and dental plans for employees two full-time and part-time provide even more benefits for the employees (Container Store, 2009). From the above analysis, we can conclude that the human resource management at Container Store is employee oriented. It allows flexibility and is democratic in nature.More so it values success and the management recognizes that the employees are key to achieving this. Container Store is also keen on its employees welfare and health. This kind of management modality brings in positive outcomes in a company since the employees will often feel as contributors to the line growth. According to the vice president of operations, Beth Barret, flexibilit y gives employees a chance to participate in company determination making (Laabs, 2001).This gives a sense of responsibility and is better off than using autocratic kind of management system. Allowing employees to be flexible rather than follow a certain set of laws is a motivating factor and plays a big role in defining productivity of employees. Container Stores dedication to employee motivation is a solid quality in the human resource management which is aimed at encouraging employee commitment to the company. Employee benefits are a good way of not only retaining employees but also motivation which promotes productivity. ConclusionFlexibility and staff involvement in the business activities are emphasized as the key contributors of Container Stores success. The qualities of the human resource management approach used by Container Store gives a justification for why the employees nominated it as the best company to work with. Word Count 606 References Container Store (2009). Ca reers for Great People. Retrieved on April 27, 2009 from www. containerstore. com Laabs, J. K. (2001). Thinking Outside the Box at The Container Store Human Resource Management Awards. Workforce, March Issue.