Develop a formal talent philosophy for Cherns.

Additional information: Chapter 2 and Table 2-4 and 2-5 should help you identify key components of an appropriate talent philosophy for Cherns. Be sure to consider the companys business strategy and competitive advantage and the companys values and culture when making your recommendations. You should also clarify how putting the right talent in the companys sales associate positions can create a competitive advantage for Cherns.

Read the case study "Strategic Staffing at Chern's" is located at the appendix of the textbook page 383-387 Please find attached the appendix

setting at Cheni's: A Case Study APPENDIX segle Star N'S COM MPANY HISTORY AND ORA Il Am for years, and pay w the in the yemed 7 There ? . culture of Chem's. Am use the firm's sales les at the bea s t Andy rm's cases are in depan s the sales . ha C th e spar a ndende the outon acci was at Cher's un merchan 's family ownership con cours st o ck at the best approach to busines the right people, train them, and give them the ral employees are rewarded with abwe-market h rewarded with above- me y they need to n erobos Manager Department Managers Sales Associates GURE A-1 The Sales Support Relationships among Chem's Statt Members CHERN'S FINANCIAL PERFORMANCE year, they share price tim e s the gr an d of 9 percent Revies and income m'he e me sales es every one the y enes and increase provided the company with the ancie n Further expansion. The five-year growth strategy Chemis es 15 de c e grows in a rate of percent Fine A-2 shows the gross profit, and income trends for the last three years The company's good financial performance has tra s e giving it the option of reinvesting in its business, buying back the ings to deters in the form of dividends. A shows the opening Cher's over the past three years Net neome Gross Profit Total Revenue FIGURE A-2 Three-Year Revenue Gross Profit and Net Income Trends for Chem's The Year ago D conservative ies that is conserva sagittoesponds NS HUMAN RESOURCES e manager d en - it feels that they would y 100 time and 25 partie de benefits package, two weeks pid destek dice hthyo Cher tente latively have aver penchy. Ty percent or be e lesson eraging 15 percent over the past three years, les the pooh Increase the number of sales of their buse pay. Two y peto an c hes stralery O f all designed to c o above the market averaged Chemists nenonl above the market av pe with the berispy. W posesini in the were performance as rated by his or her department more erformance in relation to that person's sales target and 40 percent is bases sales New employees have a reduced sales target for the first up to 150 percent of their hase pay in hones used on both o me wigs Top performers at Chen's cam well as the market ing al performance evaluations assesses sociais o , and carship. Hans to an act ry worker support be cost of living adjustment based on inflation, and from 10 percent based on the a n d to com aper's perception of the sales associate's performance, a leadership contributions. Sales associates are also gives 10 personal days inco- days and generous health and dental benefits. If a sales asteries and and the person is hired, the company gives the employee 1,000 oferral bonus he passes the six-month mark with strong performance Tube wyce AN TABLE A- One Year Performance Relative to its Competitors Nordstrom Barney's Chen's 2.000 Divard 3.525 Crush 1934 6725 242.2 Dowth 19.000 56.500 1.300 1400 wand 29 11.2 count growth 2217 TFF bir + P AFFING AT CHERAS CHATS ATEGIC STA ASSIGNMENTS o n the this app the role of her be the before the th - Chemis15 decente ters, my tware part so that they under portal employers ning the cha the type of ter 1: Strategic Staffing linked to an organization's strategies ganization to better execute its business in goals and outcome goals. Process goals pals apply to the product of the goals and Table 1-3 gives you learned that there was nation's strategies and The the anel outcome goals. Process goals to the als to the product of the big co. Ti 1-2 you me questions cm ng assignment for Chapter 1 is to identify fins ales h ore y and explain why each is important and should be adoled by the a les strategy and explain why ter 2: Business and Staffing Strategies chapter, you learned about how a firm's business and t h ey parateey, which then influences the firm's Staffing W egy. After Ryad An t process, they felt that the company needed to develop a more format to shape its HR and staffing strategy. They have asked you for your Chapter 2 and Tables 2-4 and 2-5 should help you defy key pod lent philosophy, human resource strategy, and staffing philosophy fa s e setting at Cheni's: A Case Study APPENDIX segle Star N'S COM MPANY HISTORY AND ORA Il Am for years, and pay w the in the yemed 7 There ? . culture of Chem's. Am use the firm's sales les at the bea s t Andy rm's cases are in depan s the sales . ha C th e spar a ndende the outon acci was at Cher's un merchan 's family ownership con cours st o ck at the best approach to busines the right people, train them, and give them the ral employees are rewarded with abwe-market h rewarded with above- me y they need to n erobos Manager Department Managers Sales Associates GURE A-1 The Sales Support Relationships among Chem's Statt Members CHERN'S FINANCIAL PERFORMANCE year, they share price tim e s the gr an d of 9 percent Revies and income m'he e me sales es every one the y enes and increase provided the company with the ancie n Further expansion. The five-year growth strategy Chemis es 15 de c e grows in a rate of percent Fine A-2 shows the gross profit, and income trends for the last three years The company's good financial performance has tra s e giving it the option of reinvesting in its business, buying back the ings to deters in the form of dividends. A shows the opening Cher's over the past three years Net neome Gross Profit Total Revenue FIGURE A-2 Three-Year Revenue Gross Profit and Net Income Trends for Chem's The Year ago D conservative ies that is conserva sagittoesponds NS HUMAN RESOURCES e manager d en - it feels that they would y 100 time and 25 partie de benefits package, two weeks pid destek dice hthyo Cher tente latively have aver penchy. Ty percent or be e lesson eraging 15 percent over the past three years, les the pooh Increase the number of sales of their buse pay. Two y peto an c hes stralery O f all designed to c o above the market averaged Chemists nenonl above the market av pe with the berispy. W posesini in the were performance as rated by his or her department more erformance in relation to that person's sales target and 40 percent is bases sales New employees have a reduced sales target for the first up to 150 percent of their hase pay in hones used on both o me wigs Top performers at Chen's cam well as the market ing al performance evaluations assesses sociais o , and carship. Hans to an act ry worker support be cost of living adjustment based on inflation, and from 10 percent based on the a n d to com aper's perception of the sales associate's performance, a leadership contributions. Sales associates are also gives 10 personal days inco- days and generous health and dental benefits. If a sales asteries and and the person is hired, the company gives the employee 1,000 oferral bonus he passes the six-month mark with strong performance Tube wyce AN TABLE A- One Year Performance Relative to its Competitors Nordstrom Barney's Chen's 2.000 Divard 3.525 Crush 1934 6725 242.2 Dowth 19.000 56.500 1.300 1400 wand 29 11.2 count growth 2217 TFF bir + P AFFING AT CHERAS CHATS ATEGIC STA ASSIGNMENTS o n the this app the role of her be the before the th - Chemis15 decente ters, my tware part so that they under portal employers ning the cha the type of ter 1: Strategic Staffing linked to an organization's strategies ganization to better execute its business in goals and outcome goals. Process goals pals apply to the product of the goals and Table 1-3 gives you learned that there was nation's strategies and The the anel outcome goals. Process goals to the als to the product of the big co. Ti 1-2 you me questions cm ng assignment for Chapter 1 is to identify fins ales h ore y and explain why each is important and should be adoled by the a les strategy and explain why ter 2: Business and Staffing Strategies chapter, you learned about how a firm's business and t h ey parateey, which then influences the firm's Staffing W egy. After Ryad An t process, they felt that the company needed to develop a more format to shape its HR and staffing strategy. They have asked you for your Chapter 2 and Tables 2-4 and 2-5 should help you defy key pod lent philosophy, human resource strategy, and staffing philosophy fa s e