Organisational Values case study on Poundland

Topics: Organizational studies, Organizational studies and human resource management, Management Pages: 23 (5701 words) Published: December 4, 2013


Theory Into Practice Project

Organization Values

Case Study On
Poundland

Table of content

S.NO

CONTENT

PAGE NO
1.
Executive Summary
3
2.
Introduction
4
3.
A.) Poundland
4
4.
B.) Organizational Values of Poundland
4
5.
C.) Research Question
4
6.
D.) Research Aim
5
7
E.) Research Objective
5
8.
F.) Research Method
5
9.
G.) What Follows
5
10.
Literature Review
5
11.
A.) Organizational values
5
12.
B.) Importance of Organizational Values
7
13.
C.) Six Organizational values of Poundland
8
14.
a.) Customer First
8
15.
b.) Keep it simple
8
16.
c.) Treat every pound as your own
8
17.
d.) Recognition and celebration
9
18.
e.) Individual responsibility for team delivery
9
19.
f.) Respect each other
9
20.
Methodology
10
21.
Result
11
22.
Discussion
14
23.
Conclusion & Recommendation
16
24.
Reference & Bibliography
16
25.
Appendix
17

Executive summary:
The report reveals the organizational values importance in an organization. The role of these values in an organization is discussed. The aim and objective of the research is discussed. The method to achieve the aim is also discussed in detail. Literature reviews were done to prove the importance of organizational values. Six organizational values of Poundland were discussed to prove the impact of organizational values on individual and personal life .Sampling method is used in this research. Sample data from the colleague is collected from Poundland store and these data are processed. The survey result has been helpful in highlighting the importance of organisational values. The discussion was carried upon the result of the methodology, which was used to prove the necessity of organisational value in an organization. Appropriate recommendations have been given to implement these values in an organisation. Conclusion has been done to state the aim of the research was successfully completed to prove the need for the organisational value in an organisation.

Introduction:
The main aim of this research is to evaluate the importance of organization value and why every organization is giving more importance to its organization value. Organization values are an important element in any organization. Before starting an organization, the company makes a clear organization values so the vision and mission of the company is carried forward without any deviation. In this report the organization values are critically analysed and the impact on the employee are also analysed. The importances of organization values are explored and the impact of the values on the Business is analysed. For this case study “POUNDLAND” as an organization is been selected and its organization values are discussed in this report. Poundland has six organization values. This report will evaluate the values and impact on the employee and the result on the business. A.) POUNDLAND:

Poundland is Europe’s biggest single price discount retailer and winner of the 2011 Discount Retailer of the year. It has over 400 stores in the UK, including Northern Ireland and sells quality top brands and own brand products for all for the single price point of £1 each, providing customers with amazing value every day. Serving over 4.5 million customers every week, Poundland is an irresistible shopping experience where shoppers are guaranteed to find over 3000 quality products and over 1000 Top brands, across 17 shopping categories including food and drink, health and beauty, household, gardening, DIY, Pet, Stationery, books, DVD’s and toys. With a growth strategy of at least 60 new stores every year, Poundland is again on track to create approximately 2000 new jobs.

B.) Organization Values of Poundland:
At Poundland, The Company expect every colleague to live the organization values, so it really important that every individual mean by them...

References: Burke, R. J., 2002. Organizational values, job experiences and satisfactions among managerial and professional women and men: advantage men?. Women in Management Review, Volume 17(Number 5), pp. pp. 228-236.
Hassan, A., 2007. Human resource development and organizational values. Journal of European Industrial Training, Vol. 31(Iss: 6), pp. pp.435 - 448.
H. R. & B. S., 1989. The influential manager. London: s.n.
Kloot, L., 1999. Performance measurement and accountability in Victorian local government. International Journal of Public Sector Management, Volume 12(Number 7), pp. pp. 565-584.
Lapierre, J., 1997. What does value mean in business-to-business professional services?. International Journal of Service Industry Management, Volume 8(Number 5), pp. pp. 377-397.
Warren R Nielsen, J. L. S. & Nykodym, N., 1995. Individual influence in organizational change. Leadership & Organization Development Journal, Volume 16( Number 1), pp. pp. 35-39.
Williams, S., 2002. Strategic planning and organizational values: links to alignment. Human Resource Development International, Volume 5(2), pp. pp. 217-233.
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