Introduction PFL is a company that produces staple goods. It is not located in a metro city but still became the best company in spite of this. The company still uses the traditional method of handling a business and strongly believes in professional management. This is exactly became the key for the company’s success. As the company continue its way to success, many of its big competitors got interested on how to be successful like PFL, This resulted to attracting PFL’s employees to transfer with KLM through offering a package of salary and benefits that are hard to refuse.
Installing a CRM system can definitely improve the situation and help in challenging the new ways of marketing and business in an efficient manner. Hence in the era of business every organization should be recommended to have a full-fledged CRM system to cope up with all the business needs. An ideal CRM system is a centralized collection all data sources under an organization and provides an atomistic real time vision of customer information. A CRM system is vast and significant, but it be can implemented for small business, as well as large enterprises also as the main goal is to assist the customers efficiently. Usually an organization consists of various departments which predominantly have access to customer’s information either directly or indirectly.
Employees are the most valuable assets of any company. So it is the responsibility of an employer to keep motivating their employees so that they will give their best in serving their company. No matter whether an individual works in a private or government job, all he needs is motivation to make him give his best. A motivated employee will obviously learn fast, work efficiently, eager to learn new things and will eventually love doing his work, while on the other side weakly motivated employee will work slowly, not interested in learning new things and will work for the sake of salary. Motivation is basically a personal decision to accomplish something necessary, significant and sometimes difficult.
There has to be unity within the team, so choose people who gel well together so there isn’t the clashing of personalities and the butting of heads. This step is tricky because often the best players are busy doing other projects or off on other assignments. Still, ERP is important enough to warrant attention from at least some of the best people, if not all of them. ERP will change the future of the company, so you should not treat it as any lesser. By the time the project goes live, you and the company will realise firsthand the value of ERP.
Managers rarely agree that retaining best employees ensures satisfaction of the consumers, product and service sales, satisfied co-workers, goodwill of the organization etc. But it does to some extent. So, in the end if we truly respect, appreciate, and treat the employees with whole hearted, we will never lose them. Employee retention is very beneficiary for the organization as well as the employee. They are not the ones who don’t have good opportunities arising.
Successful entrepreneurs focus on and know the customer. Understand the needs and wants. entrepreneurs must also be to a certain extent shameless self promoters but must create a positive image. Even without big offices or company cars, they should continue to show the customer the benefits of working with them. with that being mention the customers must be known and must feel appreciated.
It is true that when well executed, performance based related reward system will enhance the organization performance as emphasized by the authors provided the rewards system are link to the employees work performance. The important of business strategies as the fundamental to performance related rewards system is not discussed in this articles. Without a good business strategies in place, performance related reward system failed to contribute significantly to the performance of an organization. Rewards are one of the most important items in motivating employee to enhance their work performance subsequently boost organization performance. When rewards are given to a team or work group basis, it will help in promoting knowledge sharing among
That's what is properly managed company are competent employees with their talents, knowledge, practical skills. If the employees despite these advantages are not properly motivated, regardless of the position which occupies will not be felt job satisfaction. Sourcing the right people and creating conditions which led them to actively participate in the life of the company is now one
Fayol 's functions of management are organizing while Mintzberg says that organizing play a critical part of management. Therefore without organizing there will be no need for a manager. Fayol 's and Mintzberg 's views of management stated that manager must have good leadership skills. Indeed without a good leadership, management will fail. Both employees and manager will be able to communicate better and job completed effectively.
It provides the basis for reliance on their judgment. They deal with issues that are fundamentally important to the survival and prosperity of the organization that they work for. Internal auditors identify ways to save significant sums of money for their organization, guard its reputation in the marketplace, detect inefficient spending, fraud, and non-compliance with laws or regulations. If the principle of integrity is compromised while conducting an internal audit, it will fail to deliver its true value to the relevant stakeholders. In the current environment, integrity is not discussed or acknowledged nearly enough.