Module 3 SLP - HRM and McDonalds[1]

Module 3 SLP - HRM and McDonalds[1] - HALEY N THOMAS...

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  HALEY N THOMAS “M C J OB ”  AND   THE  P LAN  T O  W IN   9/21/2010
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What do Shania Twain, Sharon Stone, Jay Leno ans Jeff Bezos all have in common? They all had a McJob at the original paper-hat-wearing enterprise - McDonald’s. Merriam- Webster’s defines a McJob as “ a low-paying job that requires little skill and provides little opportunity for advancement 1 .” Well, it did not work out too bad for them. Actually, it did not work out too bad for many of the top executives, including their current CEO, who started out at McDonald’s flipping burgers. A key aspect to McDonald’s Human Resource Management (HRM) strategy is to hire from within the company. Ranked #16 of 50 in Fortune’s “Most Admired Company’s" profile 2 , and one of only two in the 30-company Dow Jones Industrial Average to post a gain in 2008, the success of McDonald’s business model, specifically in global HRM, compels further study. With nearly 58 million customers a day, and still turning a consistent profit, you must give the CEO some credit for pushing the world’s largest restaurant chain forward. When the current CEO, Jim
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This note was uploaded on 08/01/2011 for the course OPM 3000 taught by Professor Thomas during the Spring '11 term at Cornell University (Engineering School).

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Module 3 SLP - HRM and McDonalds[1] - HALEY N THOMAS...

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