Blinds To Go
Blinds To Go
SHRIDHAR KAYAN 2013277 SOHAM BAGCHI 2013285 SUHAIL MAHAJAN 2013293 TANYA SHRIVASTAVA 2013301 UMANG WARUDKAR 2013309 VARUN CHAWLA 2013317 YASH PAREKH 2013327
INTRODUCTION
Family run company (1954) Blinds business started in 1980s Montreal, Canada. Innovative Business Model Commission based business structure Rapid expansion strategy (continues)
Attraction
High recruitment standards Low unemployment rate Wish to open 50 new stores annually Compensation Structure (U.S. Progressive)
Retention
Uncertainty of promotion a primary issue. Performance pressure existed Excessive competition Environment not healthy for promotion of team spirit / team building.
Organisational Design
Commission based structure Stock options provided to employees Enhanced communication between DCM & SM No professional training provided to retail staff.
Our Recommendations
Proper training and development program for employees Establish employee career development and planning program Performance based bonus Advise council for employees
QUESTIONS