Problem Statement The company is faced with the issue of channelizing its human resources bandwidth in the right direction so as to achieve the goals of the company and fulfill the expectation of its employees.
This all depends on whether the rewards support corporate goals. These incentive programs could enhance the goals and increase profits and customer loyalty, or Vetements ltee incentive programs might create competitiveness and back-stabbing among employees, and that is not best way to run a company.
Vetements Ltee encountered competitiveness and back-stabbing among employees when it introduced its new incentives program. In the company introduced a new incentive system for store managers and sales employees. Each store manager would receive a salary along with an annual merit that would increase if store sales exceeded the targeted goal regarding store appearance, store inventory management, customer complaints, and other performance measures.
Sales employees were paid a fixed salary plus a commission based on their percentage of sales. Senior management believed that this new incentive system would improve service and sales volume.
However, it did not. Soon after the program was brought into effect, senior management began to receive complaints from the store managers regarding the performance of sales staff. Sales staff would stand by the door and "tag" customers as theirs when the customer would enter the store.
Staff began to argue over customers, became overly aggressive thereby intimidating customers. While they argued, parts of the store were left unattended. Inventory and reordering tasks were left neglected.Vetements Ltee Essay Sample. Key Person: Sales staff of Vetements Ltee Case Overview Who is the case about?
This case is about the sales staff that work at the Vetements Ltee (A chain of men’s retail clothing stores located throughout Quebec). Vetements Fall “We took it to the flea market because that’s where it always begins.” Hard to know where to start with the Vetements collection, which was shown in the corridors of the Paul Bert Serpette market, north of Paris.
Let’s begin with truth telling. MODULE 5: CASE STUDY VETEMENTS LTEE 1) Symptoms that suggest that something has gone wrong are: • Constant arguing between employees. • Deteriorated relationships between employees and between management and employees%(16).
STEP 5: PESTEL/ PEST Analysis of Vetements Ltee Case Case Solution: Pest analyses is a widely used tool to analyze the Political, Economic, Socio-cultural, Technological, Environmental and legal situations which can provide great and new opportunities to the company as well as these factors can also threat the company, to be dangerous in future.
Vetements Ltee Essay Sample. Key Person: Sales staff of Vetements Ltee Case Overview Who is the case about? This case is about the sales staff that work at the Vetements Ltee (A chain of men’s retail clothing stores located throughout Quebec).
Vetements Ltee Vetements Ltee is a chain of men’s retail clothing stores located throughout the province of Quebec, Canada. Two years ago, the company introduced new incentive systems for both store managers and sales employees.