1. Ralph Lauren Corporation SHRM– Ralph Lauren - Unit 6 Marlene Mendoza, Mary Hollingshed, David Matthews Patricia Miles and Katherine Moore GB520-03 Strategic Human Resource Management April 17, 2012 Professor Andrew Klein Phd. 1

2. Ralph Lauren Corporation Introduction Fashion design company headquartered in New York Design and clothing are in markets worldwide Vision is to integrate creativity and commerce Explore and research strategic human resource management 2

3. History of Ralph Lauren Fashion Designer Ralph Lauren was born in New York in 1939. Employed as a necktie manufacturer during the day and went to night school to study art. Founded Polo Fashion in 1968 with his brother. 3

4. History of Ralph Lauren Lauren went to an array of stores to carry his wide neck ties. Bloomingdale’s department store demanded that he take his name off the ties and make narrower ties. Ralph refused to take his name off his labels and did not sell his products under those conditions. Lauren became successful and Bloomington agreed to his terms and his brand. 4

5. History of Ralph Lauren Ralph Lauren Corporation has a well-conceived strategic plan. Pays a great deal of attention to integration of creativeness and trade. Second son, David became Chief Creative and Marketing Director of Ralph Lauren Media. 5

6. History of RL Polo Outlet Stores Design Market Distribute Competitors: Liz Claiborne & Giorgio Amani 6

7. RL Polo Outlet Stores Class Action Suit: 6700 Employees It began in 2006 It settled in 2010 7

8. RL Polo Outlet Stores Analysis of Polo RL Stores and Problems Found SHRM in Polo Outlet Stores handled from the top down Design and Redesign of Work Systems Flawed 8

9. Polo Ralph Lauren 3 Year Income Statement. 9 Layout of statement: Multistep Remarks: Though there was a major increase Ralph Lauren’s overall revenue, we also see a increase in expenses as well.

10. Polo Ralph Lauren 3 Year Balance Sheet Remarks: Of the three years on the balance sheets, Polo Ralph Lauren appears to be at its best in Fiscal Year 2011. Nevertheless, we do notice some issues when looking at the increases in Liabilities. Other current liabilities as well as Accounts Payable indicated major increases on the balance sheet. This presents problems since one of the goals for Fiscal Year 2011 was to condense Accounts Payable and long term debts. 10

11. Ralph Lauren Global Operations Expansion in China Tsunami in Japan Re-Branding Efforts EAP (Emergency Assistance Program) 11

12. Ralph Lauren Recommendations for Managers Integrate creativity and commerce Allows for creative expression with highly disciplined operating environment Ensure associates understand Ralph Lauren vision Ensure associates feel valued 12

13. Ralph Lauren Recommendations for Managers Review associate surveys for engagement measurement Build relationships with store associates Reassure associates that HR is their partner Continue offering employee assistance programs 13

14. CONCLUSION In depth analysis of Ralph Lauren Corporation Strategic Resource Management policies, procedures and objectives. Exploration of Ralph Lauren’s History and Global Operations Identified issues affecting Ralph Lauren internationally Reviewed financial position of corporation

15. Ralph Lauren Corporation References Ameer, R. (2002). Will David follow dad? Time Europe, 160(5), 41. Retrieved from http://search.ebschost.com.lib.kaplan.edu/login.aspx?direct=true&db=aph&AN=7079034& site=ehost-live. Cohen, S.L. (2012). The history of Ralph Lauren. Retrieved from http://www.ehow.com/about_5114046_histoy-ralph-lauran.htmlLynch, M. (2008). Calif. Farah, R. (2011, May 25). Polo Ralph Lauren President and C.O.O. (Q. M. Call, Interviewer) Mendoza, M. M. (2012). Interview of past employee (self). O’Brien, M. (2012). HR Strategy at Ralph Lauren. Retrieved from http://www.hreonline.com/HRE/story.jsp?storyId=53334364 3. Polo employees granted class-action status in compensation suit. WWD: Women’s Wear Daily, 196(7), 19-INULL. 15

16. Ralph Lauren Corporaton References Polo Ralph Lauren Corporation SWOT Analysis (2007). Polo Ralph Lauren Corporation, 4-8. Ralph Lauren Corp. (2011, August 10). Forbes.com. New York, NY, USA: Forbes Publishing. Ralph Lauren Photos (n.d.). Retrieved from http://www.google.com/search?q=ralph+lauren+corporation+images&hl=en&rlz=1C1CHFX_enUS478US478&prmd=imvns &tbm=isch&tbo=u&source=univ&sa=X&ei=zDOAT57eMZHJiQLyrOyAAw&ved=0CDgQsAQ&biw=1366&bih=610 Romey, J. (2010). Pay central issue as polo trial begins. WWD: Women’s Wear Daily, 199(58), 13-1. Romey, J., & Edelson, S. (2010). Polo settles class-action suit for $4M. WWD: Women’s Wear Daily, 199(70), 2-1 Ralph Lauren Corporation (2012), Hoover's Inc. New York, NY, USA. Retrieved from http://www.hoovers.com/company/Ralph_Lauren_Corporation/cfyjsi-1-1njht4-1njhft.html. 16

17. Mary Hollingshed, David Matthews, Marlene Mendoza, Patricia Miles & Katherine Moore Ralph Lauren Corporation SHRM, GB520-03 17