Changing Quotas 1 - MIE435
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Transcript Changing Quotas 1 - MIE435
C ASE S TUDY :
C HANGING Q UOTAS
B Y S USAN S TEELE
MIE435: Laura Beatty, Andrew Connor, Julia Haynes,
Paige Mauney, Tread Snedecor, Anne Strickland
A GENDA
Background
Critical Issues
Recommendations
Timeline
Comments
B ACKGROUND
Diebold
Equipment Manufacturer for Financial Industry
Fidelity Federal Bank
Financial Institution
Ron Tenuta
Divisional VP
(Number oriented, not a “people” person)
Carroll Lawrence
Bob Ricucci
Sales Manager
(Susan’s former boss)
Regional Sales Manager
(Young, inexperienced)
Albert Greenwood
CEO
(Vision to change bank by
jumping on technology)
Tom Leney
Susan Steele
Senior Sales
Representative
(Motivated, successful
employee)
Senior Vice President
(Saw opportunity in
updating ATMs)
C RITICAL I SSUES
Diebold has a weak Corporate Culture
Communication
Policy Inconsistencies
Quota system
Corporate Culture
Between Susan & her boss
Goals of Management and Susan are not the same
Ethics
Male dominance
C OMMUNICATION
Provide explanation & support
Acknowledge success
“2-Way” communication
“Working for a large company”
P OLICY I NCONSISTENCIES
Lack of policy/standards
Frequent changes
Equity Theory
C ORPORATE C ULTURE & E THICS
Lunch incident
Susan’s achievement
Diebold was focused on compensation/quota
Male dominance
Showing two different personalities
10 out of 700
Susan’s desire to be promoted
Felt she wound not be taken seriously
R ECOMMENDATIONS
Mentor Program
Evaluations
Monthly meetings
Posters & Rewards
T IMELINE : D IVE INTO D IEBOLD
Month
Implementation
1
•Management meets with CEO (First)
•Evaluations
•Begin mentor process
•Create and hang posters
•Management meets with employees
2
•Management meets with employees
3
•Top Sales Representative recognition: plaque & reward
•Management meets with employees
4
•Management meets with employees
5
•Management meets with employees
6
•Evaluations
•Management meets with employees
C OST
Posters: $100
Mentor training (1 day): $665
Plaque: $400
Meetings with CEO: Skype, $0
Ropes Course: 2 hr slots, $40/ person.
$750 minimum.
TOTAL: $1,915
Q UESTIONS