what are some performance measures you might use to track your progress towards your objectives?
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- Even though you can’t really implement them in the context of this exercise, what are some performance measures you might use to track your progress towards your objectives?
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- what strategies could be employed to ensure that the program's achievements and impacts are accurately communicated to decision-makers and funders, thereby securing continued support and resources?The Situation You are the sales manager for a well-established medical equipment company. You've been with the company a long time and, generally, you really enjoy your job. The company's new president is interested in proving herself and has set a goal of 10 percent sales growth per year. Each sales representative has a quota that they are expected to meet. Those who exceed their quota will receive a bonus, and those who fall short of their quota will be fired or placed on probation. The Dilemma Your sales staff have worked really hard over the past year to meet their new quotas. Six of the eight representatives met their quotas and received bonuses. However, two others have fallen below. Jane fell 2 percent short of her quota and you're not surprised. She's not hard working and often leaves work early to play golf. Bill, on the other hand, has been with the company a long time and is widely respected for his work ethic. However, he's struggling to care for his sick mother and fell 7…TIME FOR THE Ax? The Situation You are the sales manager for a well-established medical equipment company. You've been with the company a long time and, generally, you really enjoy your job. The company's new president is interested in proving herself and has set a goal of 10 percent sales growth per year. Each sales representative has a quota that they are expected to meet. Those who exceed their quota will receive a bonus, and those who fall short of their quota will be fired or placed on probation. The Dilemma Your sales staff have worked really hard over the past year to meet their new quotas. Six of the eight representatives met their quotas and received bonuses. However, two others have fallen below. Jane fell 2 percent short of her quota and you're not surprised. She's not hard working and often leaves work early to play golf. Bill, on the other hand, has been with the company a long time and is widely respected for his work ethic. However, he's struggling to care for his sick…
- In Chapter 1 of the text, goal setting is discussed. Select a business-related or professional goal (e.g. lose weight, complete a course of study, find a new job, etc.) you want to achieve in the next 12 months. Address each part of the SMART technique -- Specific, Measurable, Achievable, Realistic, and Time-bound– providing relevant details about the goal for each component of the goal-setting process.What kind of metrics would be useful that are based on testing knowledge after security awareness training? How can you use those metrics? When should you implement the metrics you have gleaned from such training? Is there a process or method you would use to implement them?Why is "Identifying what you want" said to be the toughest issues in career choice and life goal setting? What is the importance of Life Goal Setting?
- Why do you think Business Intelligence implementation is difficult?How do successful individuals and organizations use goal setting as a tool for continuous improvement and innovation?A depressed employee's manager is having trouble with the said depressed employee. Although the employee if achieving her quotas, she is having difficulties submitting her reports and her manager feels like she is bringing down her entire team. Almost everyone in the company knows that the company has counseling services for its employees, but are reluctant to go. What should the manager do to address this issue? Should she push through with her initial plan of terminating the depressed employee?
- Implementation of a company’s strategic plan often begins by determining management’s basic expectations about future economic, competitive, and technological conditions, and their effects on anticipated goals, both long-term and short-term. Many firms at this stage conduct a situational analysis that involves examining their strengths and weaknesses and the external opportunities available and the threats that they might face from competitors. After performing the situational analysis, the organization identifies potential strategies that could enable achievement of its goals. Part of this process involves business managers creating budgets to plan for future operations, create benchmarks to measure progress, and maintain necessary accounting controls. The majority of literature that has used examples to describe a master budget have been limited to manufacturing companies. These companies tend to have comprehensive operating budgets and therefore serve as a good starting point in…You recently completely overhauled several aspects of employee benefits, including health insurance and compensation packages. You have also developed clear succession plans and career development plans to assist in the retention of your current employees. You are pretty excited about the changes and feel they are better for the employees, while costing your organization less money. These plans came from your development of a strategic plan and goals set last year. You think these plans will result in lower turnover. However, in four recent exit interviews, the former employees mentioned the lack of communication from your department on the changes you made. They said they did not feel well informed and are disappointed they were not notified. In addition, they complained of micromanagement on the part of two particular managers. They said they spend half of their day responding to their managers with project updates, instead of working on the projects themselves. As you begin to think…Scenario: Successful business owners understand the value of repeat customers and how it affects their bottom lines. In fact, studies reveal that returning customers spend close to twice as much money as new customers. For this assignment, assume that you are a committed, small business owner with the goal to further the success of your business. You also know that your customers are the bread and butter of your business. Therefore, you understand the need to incorporate customer retention strategies using effective marketing strategies and good customer loyalty programs to attract new and keep existing customers. Choose any product or service you would like to market. Expand on some customer retention strategies to attract new and retain existing customers for your product or service. You will need to: research current marketing strategies for your product research customer retention strategies research strategies on gaining customer loyalty make recommendations on how to…