Managing Global Workforce at Fast Retailing
Group BRAVO!
Yuming Gu Wangshu Li Xuting Ma Siming Wang Ruoyun Xu Jilin Zhu
May 3, 2013
Contents Executive Summary……………………………………………………………………………2 I. About Fast Retailing…………………………………………………………………………3 1. Company Profile of Fast Retailing………………...……………………………………..3 2. Human Resource at Fast Retailing………………….…………………………………..10 II. Country Profile……………………………………………………………………………..18 1. Japan……………………………………………………………………………………....18 2. China………………………………………………………………………………………24 3. Indonesia…………………………………………………………………………………..29 III. International Acquisition of VANCL…………………………………………………….34 1. VANCL Overview………………………………………………………………………...34 2. Stage 1: Pre-Combination………………………………………………………………..35 3. Stage 2: Combination……………………………………………………………………..38 4. Stage 3: Solidification and Assessment…………………………………………………..41 5. Final HR Policies and How to Fit………………………………………………………...45 IV. International Joint Venture with MAP…………………………………………………...46 1. MAP Overview…………………………………………………………………………….46 2. Stage 1:Formation…………………………………………………………………………47 3. Stage 2: Development……………………………………………………………………..50 4. Stage 3: Implementation…………………………………………………………………..51 5. Stage 4: Advancement and Beyond………………………………………………………54 6. How to Solve the Differences between FR’s and MAP’s HR Policies………………….56 References……………………………………………………………………………………….58
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Executive Summary This report is an analysis and recommendation for Fast Retailing CO., LTD (FR), the biggest apparel retailing company in Japan. The report addresses the main issues that FR will come up with when expanding its core brand UNIQLO into China and Indonesia by acquisition and joint venture. In the first part, we did the thorough analysis of FR and showed the vivid picture of how the company operates, including the recent financial performances, the mission, vision and values, business strategies, the company...