Monthly Archives: May 2013

Sales and Business Plan: How To Drive Your Sales

Sales and business plan is very important for a company,especially when your company’s progress depends upon your sales. It is a part of your market strategy. This sales and business plan will tell you about customers, products and the impact that your products have on your customers. Then according to your studies, your plans are made.

This is sales management in the most traditional way. Your current business situation with reference to market is discussed in this plan. In addition, it also sheds light on your future business expenditures and victories. Continue reading →

Credit Card Marketing Strategy at Bank of America

Using the best credit card marketing strategy at Bank of America would probably allow the leading issuer of credit cards in America to be valued for about $35 billion in cash and stocks.

The acquisition made the Bank of America the largest and the leading credit card issuer in the whole United States. The great combination of 20% market share and giving financial services in the banking industry is considered consolidating rapidly.

Independent and leading card issuers have partnerships with affinity groups like professional associations and college alumni to ensure great development and growth. The merger gives access to the Bank of America that provides a large network of bank branches to attract customers. Continue reading →

Powerful Tips on Giving Performance Feedback

When you are starting to work in a company, you will see that there are a lot misplaced and mistakes tasks that are given and worked by each of the employee.

There are also companies who suffer from misunderstanding with each of the employees. But this kind of problem arises can be removed within a company through Giving Performance Feedback. This kind of feedback will let the employees know the things that they have been doing and receiving those as a guide for them to be more productive.

Giving Performance Feedback by the HR manager has also anxieties and uncertainties when giving it to their employer. You can have positive feedbacks as well as negative feedbacks that needed to be carried on.

In human’s nature, Giving Performance Feedback about issues are not always directed, these unpleasant matters are just spent in little time to avoid discussing it. Continue reading →

Best Strategies to Reduce Employee Turn Over Rate

In a company, employee turn over is not new to the employees. There are reasons that an employee turn over must be done. One is being fired because of the lack of qualifications or having a low quota for the past few months, the other one is when the employee decided to leave the company.

When there is an employee turnover, the bottom line of it is the company suffers a great deal of expense.

The rate concerning the turn over of the employee is not a very good part to them unlike to those desired applicants who wishes to take over the position. Even there is a takeover, the company must place the required severance pay to the employee.

Companies have high rates of employee turn over, as said before, is costly. When there are replacements made, they need to have payments in order for the new employee to be working with them. Continue reading →

What is Financial Modeling? And How to Develop Financial Modeling?

Financial modeling is said to be the duty of building a model or an abstract representation of a decision making situation in terms of financial matters.

Today, this particular task is very important because there are lots of people around the world who are affected by the financial crisis. Once you have a business in any industry, you need to have a lot of knowledge on how to save and plan financially.

Every industry in the world should have this type of modeling to avoid encountering problems like bankruptcy. This particular type of modeling is also known as a mathematical model that is especially designed to characterize the performance of any type of investment or business into the simplest form. Continue reading →

Developing Best Human Capital Strategy

A varying global competition, labor force, new knowledge, information technology progress, the global recession in 2008, as well as the needs for sustainable operation have led corporate leaders to assess and re-examine how they operate and manage.

In turn, corporate leaders are making use of new technologies, shifting the structures of their organizations, relocating personnel, redesigning work, and enhancing work procedures. These variations have important propositions for how human capital must be administered and how the functions of their human resources must work.

In the past, increasing figures of chief-executive-officers have been referred to as highlighting the human capital’s importance in an organization, conveying a need to build on and sustain human capital, or the demand for talent management in a company. Continue reading →