Riordan will pay higher salaries to employees with high-level skillset to attract and maintain employees with these skills. In addition, this strategy will help the organization keep production running smoothly. The company understands it would cost much more in time, resource, and money to keep retraining new employees. Research and development strategy is part of the pride of the company. Riordan regularly creates and uses some of the most innovative processes and procedures to provide customers with the best product possible.
All of these areas have to have a detail plan in place of each area to work out to their fullest potential. Next have a plan in place for training and development actives such as increase customer service training, develop websites for training or knowledge sharing, webcasting and teleconferencing. Once the plan is in place Walgreens needs a team of trainer to implement the whole training process so that it runs smoothly. The next step would be a metrics that showed the importance of the training process. These steps could include performance improvements, reduction in customer complaints, turnover and employee satisfaction.
The training program will focus on the new sales strategy and center around the short and long-term goals of the company. Training will provide employees with the knowledge and skills to sale clients a full cleaning service solution versus simply selling products. In addition training will instill the important concept of excellent customer service and how to achieve long-term relationships with clients. The VP and sales manager will mentor the sales force in applying this training and knowledge when working with
2. Complete the Marketing Plan. After working with your teammates, the component manager will develop your Marketing Plan (described in detail in this unit’s lecture). Use the rubric for the Written Plan to organize your information and to ensure that you have met the course requirements for this section of your business plan. 3.
By using these an example this will allow Kudlers to properly train employees in customer service. Kudlers plans to spend $91,715 on new software to improve their current training plan. Kudlers has also started a budget for new customer relationship management system (CRM). Importance of Marketing Research Kudlers plans to increase their customer loyalty by offering high-margin services. Kudlers plans to do this by better understanding the customer needs, this can be obtained by tracking the purchases of the current cliental.
Development of a Training and Mentoring Program Jane Doe Human Capital Management 531 Dr. Sharla Walker July 13, 2009 Career Development 2 Development of Training and Mentoring Program at InterClean is very vital for the company. With this program the employee has a chance to get to know everyone and also a chance for the employee to get the best training he or she needs to be successful at InterClean. The company would like to make sure that the employees have extensive training that will give them a feel of what is going on within
Having at their side another company advertising and selling their products will provide the opportunity to expand their market. In addition, this decision will provide clear information to the shareholders of the company’s intentions to grow and of its economic stability within the market. On other hand, merging with another company will definitely attract more customers and will increase their sales. These strategies will help in the company’s position before the globalization and will minimize the risks when important financial decisions are
I can also review pass work to gain a further understanding and feel for what standards are expected for employees of the company. Assessment Criteria 2.3 and 2.4 The purpose and benefits of taking on new challenges and adapting to change is for the improvement and bettering of oneself. It shows a willingness to want to learn new knowledge and skills and the desire to build upon yourself. It also shows you are committed to the company and will undergo all required training. This will benefit both yourself and the company as it will expand your knowledge base and help to improve productivity and efficiency within your organisation.
Recognition to all those that made the changes possible or who participated in the short-term wins will act as a positive message. Employees want to be recognized therefore, they will be looking forward to becoming the next person on that list. Consolidating the gains and producing more changes for Sandwich Blitz will mean that they will earn credibility from the successful implementation of this new technology. They will now have the support from their employees that they need to achieve long-term goals achievements. Expansion for example will now be a more feasible and attainable goal.
It can also help us to win over new customers or even create customer loyalty from current customers. We currently have sufficient marketing strategies to increase loyalty and profitability of consumers. However, the organization can create more strategies to have long lasting success. According to "How to Develop Marketing Strategy" (2013), “A carefully planned marketing strategy provides continuous benefits to a company”