Saturday, March 2, 2019
Buddyââ¬â¢s Snack Food Company Essay
The case establishes the scenario of sidekicks Snack Food Company. It is a family owned company that has produced and marketed tater chips since 1951. brothers business quickly deviceed in to a multi million dollar franchise, competing with the likes of Frito Lay, but is losing its market sh ar. Buddys son, Buddy Jr. , today runs the company and recently, his son print has joined the company. by and by joining as a gross revenueperson, he was quickly promoted to gross revenue music director with a fresh MBA in marketing. Mark has been making some hearty switch overs in the sales division and employees have been reacting to it.This paper will discuss the major issues and objectives of the company, as well as substitutes and solutions. Major issues of the company The patriarchal issue of the company, at first bes to be the loss of market sh be. That is a common concern for either members of the organization. Mark, Buddy Jr. s , was engage in hopes that he could come up with new marketing strategies that could turn the company around and regain its market share. That gave rise to a nonher issue, which was employee dissatisfaction and de-moralization. Marks new policies and, to some, even his quick promotion made the employees at sea and lose faith in the company.As a solving, employees are now less enthusiastic about their deform or are overworked and potbelly not perform efficiently. much(prenominal) a situation can come along worsen Buddys Snack Food Companys market share due to inefficient employees. Also, the new policies had been implemented actually quickly, following Marks quick promotion and the lack of chat and familiarization to the firms employees created a gap between the manager and the subordinates. another(prenominal) issue that seems to be evident is the absence of any employee benefit programs.Employees outweart seem to be appreciated or rewarded for their entire work and are dealt with seriously, if the act rating is low. Apart from this, on that point seems to be no concern about the employees living situation undivided mothers are universe required to attend extra sessions, when they have other responsibilities. This can rival their performance greatly in a negative way. Also, some of the employees seem to be unfit for the job and are not taking it seriously, temporary hookup others are on the job(p) hard. The devil types need to be distinguished because if both(prenominal) of them are held accountable for similar reasons, the better employee is de-moralized.The company needs to change the way it manages its staff to ensure a better future. Finally, some of the employees are upset about Mark being handed the position of the sales manager just because hes the son of the owner. Many employees had been on the job(p) hard towards getting that position and are now discouraged by the new change. Strategic goals and objectives Buddys company operates under the received strategies and objec tives. It is a regular snack food business with a family-like working environment. Mark, after he acquired the position of sales manager, introduced some new policies. champion of them was that if a certain sales employee receives a below average performance rating for any quarter, they would have to attend a mandatory session. The learn session would be more(prenominal) or less a readying/refreshment session where the employees issues are discussed and improvements are recommended. Unfortunately, this new pop off has not been very popular among the workforce. The issue is that some employees actually are underachievers and inefficient, while others are good employees, with an exceptional past record, but could not perform up to the standard because of the business situation and the declining market share.When the two types of employees are treated equally, the employee who works hard is de-moralized. Alternative strategies If Buddys Snack Food Company wants to achieve their goa ls, they would have to adopt a new strategy. The current approach is proving to be unpopular among the employees and would save result in an inefficient, de-moralized and overworked staff, and such a group of people are not fit to work as a team and achieve goals. just about of the alternative strategies would be Better employee fretfulness package for staff members with families and children, with fitted work shifts. Employee appreciation bonuses, motivators, employee-of-the-month program etc. customer feedback on the sales representatives. A revised form of employee performance rating based on the current economic and business situation. training and refreshment programs for all employees on a monthly or quarterly basis to ensure there is good communication, all problems are addressed and issues are discussed. Also, the employees performance would be measured in a better way through such meetings. More opportunities and promotions of employees showing consistent and ex cellent performance.Recommended Strategies and Hopeful OutcomesOf all the alternative strategies discussed Buddys needs to adopt some or all of them to move towards their goal. A better employee care package is necessary as good employees like Lynda Lewis could benefit greatly from them. As a single mother of three sons, she has a lot of responsibility at home. An employee care package with flexible working shifts would allow her to spend more time with her family and perform even better than she already does. Also, the company can construct events like a mini funfair or a betting event that would enable employees family and children to participate in the business and contribute.This would not only if be a good marketing move by creating a better image of the company and advertise their name, but also an incentive for employees to feel happy and at-home when they work. Apart from this, employees need to be appreciated for their good work. With just an Employee of the Month progr am with a reward bonus, employees would be more enthusiastic about their work and perform better. Such incentives not only boost staff morale, but also the overall business because employees would work more and earn more in order to get the reward.Customer feedback would help the instruction agnize which employees are good team players and which are not. This would help in filtering out the ones that actually need the coaching sessions. Also, the management needs to consider the current economic situation that the company is deprivation through before rating the employees performance. Such an evaluation would be fair. Training sessions for all employees every quarter or meetings would promote communication. All issues and problems would be addressed and the subordinates would have a chance to openly talk to the managers.Such communication allows the employees to be more comfortable working and feel that their sentiment matters as well. Other than that, issues that the management might not even notice about come into consideration and solutions are discussed as well. Working as a team motivates employees to perform better. Lastly, give promotion opportunities to hardworking employees sooner than members of the owners family fresh out of college who might not know the company as well as the salesperson with more experience, working hard to keep it all together.
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