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Managing Human Capital in Retail

Matthew Bidwell

In this course, you will cover the fundamentals of human capital management with a focus on the retail industry. Professor Matthew Bidwell will start by examining the critical role that people play in creating value within any business, and will then assess how that value is fostered by various organizational practices. Professor Bidwell then does a deep-dive into some of the practices that drive organizational success: how to hire effectively; how to develop and retain a skilled workforce; and to motivate employees to contribute to organizational success. By the end of this course, you will have a better understanding of how human capital contributes to the success of the business, a critical role in shaping your organizational capacity.

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What's inside

Syllabus

Module 1: Human Capital and Performance
In this module, you will begin to assess the links between managing people and organizational performance and how human capital can drive value. You will examine methods of managing people in ways that create value. using the ability-motivation-opportunities framework. By the end of this module, you will have a clearer understanding of how human capital management operates as a system, the ways these systems interrelate across a company, and how it all relates to a broader organizational strategy.
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Module 2: High Performance Staffing
In this module, you will examine various elements of high performance staffing, an important concept in effective human capital management. You will delve into specific best practices for making the right decision in your hiring process and how the internal hiring pipeline plays a role in this decision making process. By the end of this module, you will be able to identify the benefits of adopting effective hiring practices and understand how this contributes to to well-established internal hiring channels in the future.
Module 3: Development and Retention
In this module, you will consider the best ways to develop and retain current employees. You'll think critically about job skills as well as the the drawbacks and benefits of job training depending on your approach. You'll examine the impact of turnover, and the loss of organizational investment in an employee associated with attrition. By the end of this module, you'll be able to identify reasons why an employee leaves an organization and develop a plan for retaining valuable members of your team.
Module 4: Motivating the Frontline Workforce
In this module, you will continue examining human capital in the organizational workforce. You'll utilize your knowledge about employee retention to now focus on employee motivation, identifying multiple factors that play a role in employee satisfaction. You'll discuss how to pay employees effectively and how to design a job so that employees feel motivated on a day-to-day basis. By the end of this module, you will possess a wide array of tools to incentivize employees to work effectively over longer periods of time with a company.

Good to know

Know what's good
, what to watch for
, and possible dealbreakers
Managers who lead high-performance teams may benefit from this course
Business professionals in retail may benefit from this course
Teaches foundational aspects of human capital management
Focuses on high-performance staffing, development, and retention
Covers principles and practices of human capital in the retail industry
Taught by Matthew Bidwell, who has expertise in human capital management

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Activities

Be better prepared before your course. Deepen your understanding during and after it. Supplement your coursework and achieve mastery of the topics covered in Managing Human Capital in Retail with these activities:
Complete Coursera's Platform Tutorial
Becoming familiar with Coursera's platform can help you navigate the interface more efficiently.
Show steps
  • Go to the Coursera Tutorials page
  • Watch the 'Take a Course Tutorial' video
  • Complete the interactive tutorial
  • Explore the rest of the tutorials if you wish
Read 'Human Capital' by David Ulrich
This classic book provides a comprehensive overview of human capital management.
Show steps
  • Read the book at your own pace
  • Purchase or borrow the book
  • Take notes and highlight key passages
Review Human Capital Management Basics
Brushing up on the fundamentals of human capital management can help you better understand the course content.
Browse courses on Human Capital Management
Show steps
  • Read articles and blog posts on the topic
  • Watch videos or listen to podcasts about human capital management
  • Review your notes from previous courses or textbooks
Six other activities
Expand to see all activities and additional details
Show all nine activities
Practice Interviewing Skills
Practicing your interviewing skills can help you prepare for the job search process.
Browse courses on Interviewing
Show steps
  • Review common interview questions
  • Practice answering questions out loud
  • Get feedback from a friend or family member
  • Consider doing a mock interview with a career counselor
Join a Study Group
Studying with peers can help you better understand the material and prepare for assessments.
Show steps
  • Find a study partner or group
  • Meet regularly to discuss the course material
  • Quiz each other on key concepts
  • Work together on assignments and projects
Create a Hiring Process Plan
Developing a hiring process plan can help you understand the steps involved in hiring effectively.
Browse courses on Hiring
Show steps
  • Identify the position you need to fill
  • Develop a job description
  • Create a recruiting strategy
  • Screen and interview candidates
  • Make a hiring decision
  • Onboard the new hire
Volunteer at a Non-Profit Organization
Volunteering can help you apply the concepts of human capital management in a real-world setting.
Show steps
  • Find a non-profit organization that aligns with your interests
  • Contact the organization to inquire about volunteer opportunities
  • Attend a volunteer training session
  • Volunteer your time and effort
Contribute to an Open Source HR Management Project
Contributing to an open source project can help you apply your skills in a real-world setting.
Browse courses on Human Resources
Show steps
  • Find an open source HR management project that interests you
  • Join the project community
  • Identify a way to contribute to the project
  • Make your contribution
Mentor a Student in Human Resources
Mentoring a student can help you reinforce your understanding of the material and develop your leadership skills.
Browse courses on Human Resources
Show steps
  • Identify a student who is interested in human resources
  • Meet with the student regularly to provide guidance and support
  • Share your knowledge and experience
  • Help the student develop their skills and prepare for a career in human resources

Career center

Learners who complete Managing Human Capital in Retail will develop knowledge and skills that may be useful to these careers:
Human Resources Information Systems Manager
The course, *Managing Human Capital in Retail*, is designed to help you understand the fundamentals of human capital management in the retail industry. This course may be useful for those who want to pursue a career as a Human Resources Information Systems Manager, as the course covers topics such as managing HRIS systems, and using HRIS data to make informed decisions. Additionally, the course will help you understand how to implement and maintain HRIS systems, which is essential for any Human Resources Information Systems Manager.
Diversity and Inclusion Manager
The course, *Managing Human Capital in Retail*, is designed to help you understand the fundamentals of human capital management in the retail industry. This course may be useful for those who want to pursue a career as a Diversity and Inclusion Manager, as the course covers topics such as developing and implementing diversity and inclusion strategies, and managing diversity and inclusion programs. Additionally, the course will help you understand how to create a diverse and inclusive workplace, which is essential for any Diversity and Inclusion Manager.
Organizational Development Manager
The course, *Managing Human Capital in Retail*, is designed to help you understand the fundamentals of human capital management in the retail industry. This course may be useful for those who want to pursue a career as an Organizational Development Manager, as the course covers topics such as developing and implementing organizational development strategies, and managing organizational change. Additionally, the course will help you understand how to align organizational development strategies with business goals, which is essential for any Organizational Development Manager.
Human Capital Consultant
The course, *Managing Human Capital in Retail*, is designed to help you understand the fundamentals of human capital management in the retail industry. This course may be useful for those who want to pursue a career as a Human Capital Consultant, as the course covers topics such as advising clients on HR strategies, and developing and implementing HR solutions. Additionally, the course will help you understand how to assess an organization's HR needs, which is essential for any Human Capital Consultant.
Recruitment Manager
The course, *Managing Human Capital in Retail*, is designed to help you understand the fundamentals of human capital management in the retail industry. This course may be useful for those who want to pursue a career as a Recruitment Manager, as the course covers topics such as developing and implementing recruitment strategies, and managing the recruitment process. Additionally, the course will help you understand how to attract and hire the best talent for an organization, which is essential for any Recruitment Manager.
People Analytics Manager
The course, *Managing Human Capital in Retail*, is designed to help you understand the fundamentals of human capital management in the retail industry. This course may be useful for those who want to pursue a career as a People Analytics Manager, as the course covers topics such as collecting and analyzing HR data, and using HR data to make informed decisions. Additionally, the course will help you understand how to implement and maintain HR analytics systems, which is essential for any People Analytics Manager.
Employee Benefits Manager
The course, *Managing Human Capital in Retail*, is designed to help you understand the fundamentals of human capital management in the retail industry. This course may be useful for those who want to pursue a career as an Employee Benefits Manager, as the course covers topics such as developing and implementing employee benefits strategies, and managing employee benefits programs. Additionally, the course will help you understand how to align employee benefits strategies with business goals, which is essential for any Employee Benefits Manager.
Talent Acquisition Manager
The course, *Managing Human Capital in Retail*, is designed to help you understand the fundamentals of human capital management in the retail industry. This course may be useful for those who want to pursue a career as a Talent Acquisition Manager, as the course covers topics such as developing and implementing talent acquisition strategies, and managing the recruitment and selection process. Additionally, the course will help you understand how to attract and hire the best talent for an organization, which is essential for any Talent Acquisition Manager.
Compensation and Benefits Manager
The course, *Managing Human Capital in Retail*, is designed to help you understand the fundamentals of human capital management in the retail industry. This course may be useful for those who want to pursue a career as a Compensation and Benefits Manager, as the course covers topics such as developing and implementing compensation and benefits strategies, and managing compensation and benefits programs. Additionally, the course will help you understand how to align compensation and benefits strategies with business goals, which is essential for any Compensation and Benefits Manager.
Employee Relations Manager
The course, *Managing Human Capital in Retail*, is designed to help you understand the fundamentals of human capital management in the retail industry. This course may be useful for those who want to pursue a career as an Employee Relations Manager, as the course covers topics such as managing employee relations, and resolving employee disputes. Additionally, the course will help you understand how to create a positive and productive work environment, which is essential for any Employee Relations Manager.
Labor Relations Manager
The course, *Managing Human Capital in Retail*, is designed to help you understand the fundamentals of human capital management in the retail industry. This course may be useful for those who want to pursue a career as a Labor Relations Manager, as the course covers topics such as managing labor relations, and negotiating collective bargaining agreements. Additionally, the course will help you understand how to resolve labor disputes, which is essential for any Labor Relations Manager.
Training and Development Manager
The course, *Managing Human Capital in Retail*, is designed to help you understand the fundamentals of human capital management in the retail industry. This course may be useful for those who want to pursue a career as a Training and Development Manager, as the course covers topics such as developing and delivering training programs, and evaluating the effectiveness of training programs. Additionally, the course will help you understand how to motivate employees to learn and develop, which is essential for any Training and Development Manager.
Retail Manager
The course, *Managing Human Capital in Retail*, is designed to help you understand the fundamentals of human capital management in the retail industry. This course may be useful for those who want to pursue a career as a Retail Manager, as the course covers topics such as hiring, developing, and retaining a skilled workforce. Additionally, the course will help you understand how to motivate employees to contribute to organizational success, which is essential for any Retail Manager.
Chief Human Resources Officer
The course, *Managing Human Capital in Retail*, is designed to help you understand the fundamentals of human capital management in the retail industry. This course may be useful for those who want to pursue a career as a Chief Human Resources Officer, as the course covers topics such as developing and implementing HR strategies, and managing HR operations. Additionally, the course will help you understand how to align HR strategies with business goals, which is essential for any Chief Human Resources Officer.
Human Resources Manager
The course, *Managing Human Capital in Retail*, is designed to help you understand the fundamentals of human capital management in the retail industry. This course may be useful for those who want to pursue a career as a Human Resources Manager, as the course covers topics such as hiring, developing, and retaining a skilled workforce. Additionally, the course will help you understand how to motivate employees to contribute to organizational success, which is an essential skill for any Human Resources Manager.

Reading list

We've selected 15 books that we think will supplement your learning. Use these to develop background knowledge, enrich your coursework, and gain a deeper understanding of the topics covered in Managing Human Capital in Retail.
Provides a comprehensive overview of human capital management, with a focus on strategies for value creation. It valuable resource for understanding the role of human capital in driving organizational performance.
A foundational text in human capital management that provides a framework for measuring and evaluating HR practices. Useful as a reference tool for practitioners.
An accessible and up-to-date exploration of human capital management practices and research. A valuable additional reading tool for understanding the strategic approach to human capital.
Provides a comprehensive overview of talent management, with a focus on best practices for developing and retaining talent. It valuable resource for anyone involved in talent management.
Provides insights into the importance of employee experience and how to create a positive work environment that attracts and retains top talent.
Provides a set of principles for personal and professional effectiveness. It valuable resource for anyone looking to improve their leadership skills.
Provides a framework for understanding how companies can make the leap from good to great. It valuable resource for anyone interested in building a successful business.
Provides practical guidance on how to implement an effective performance management system. It useful resource for anyone involved in performance management.
Provides a framework for understanding why large companies often fail to innovate. It valuable resource for anyone interested in understanding the challenges of innovation.
Provides a critical look at traditional reward systems and offers alternatives that are more effective at motivating employees.

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