word for reward case
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Transcript of word for reward case
WORD FOR REWARD
Presented By:
• Swati Dongre• Nagesh• Mahesh• Tina Vaz• Swati Kalwit
Question 1
What Mr. Mathur should have done before giving his “Word For Reward” to Delhi Office Staff?
Answer
• Mr Mathur joins as the new Sales Manager at Delhi headquarters.
• During his first interaction meeting with the field force,Mr Mathur learns that their morale was very low.
Answer
• So as to motivate the field force, Mr Mathur gives word that they will get the reward.
• This decision was his own and was not approved by the higher authorities.
Question 2
Do you approve of the action taken by Mr. Mathur after the mid-year performance review? Explain/justify your answer.
Answer
Facing Problem
Main Strength
Appointment
Action
Motivation
Sales Task
Other Measures
Question 3
Do you feel the Company took the Right Decision to sack Mr. Mathur? Justify your answer.
Yes, the Company took a right decision to sack Mr. Mathur.
• When you work for a company your actions are no longer yours but the company’s as a whole.
• Worked earlier with GPL-> So aware of all policies
• Resorting to foul rather than fair means for keeping his promise.
• Authenticity of data lost and false reports about the accomplishments of targets.
Reasons
• Company reputation at stake as goods were delivered to unauthorized dealers and stockists
• Loss in monetary terms deviating company from it’s ambitious target
• Employees only responsible but Directors accountable
• Image and reputation of the company suffered a serious setback.
What are the lessons to be learnt from this Case study?
Question 4
Must have Must not have
• Ambitious target• Attractive and liberal
reward system• Encouragement for
‘Healthy Competition’• ‘People-oriented’ people• Values
• Individualized reward system
• Frequent termination of services and appointment of a new employee
• Use of ‘foul’ means
Learnings from the Case Study
Every organization….
Value-orientation and success go hand in hand
Never compromise on values
Image, reputation and Goodwill of a company
Learnings from the Case Study