Performance appraisal and career strategy
A report was specially made to analyze and evaluate performance and future prospects of Walton in a growing domestic electronic market. The research reveals that in a continuously growing market, Walton has become a reliable name for customers. Countrywide network, inclination towards quality and dedicated team of employees are the main causes of its success. Though it had started business with home appliances, yet it has always been committed to satisfy customer demand by introducing new products. Recent production and selling of motorcycle and air-conditioner testifies that position of Walton. Walton has a goal to double overall market share in the next 5 years. It has successfully positioned itself as a customer friendly and eco-friendly Company. Its after sales service has contributed tremendously in building this image in customers’ minds. Since its target market is middle-income people, the price of their products is comparatively lower than those of competitors’. This strategy helps the company greatly in a price sensitive consumer market. In recent years Walton has increased promotional activities through organizing various national sports events. Further investigations have revealed that to achieve the role of market leader, it will face challenges from foreign brands. Moreover, rapidly growing demand from customers for electron products may put pressure on Walton. It has adopted market penetration; products may put pressure on Walton. It has adopted market penetration, product development and market development strategy for future growth. The report has found the prospects of Walton promising in its current position. Favorable government policy will help it expand domestic and international markets in the future.
A report was specially made to analyze and evaluate performance and future prospects of Walton in a growing domestic electronic market. The research reveals that in a continuously growing market, Walton has become a reliable name for customers. Countrywide network, inclination towards quality and dedicated team of employees are the main causes of its success. Though it had started business with home appliances, yet it has always been committed to satisfy customer demand by introducing new products. Recent production and selling of motorcycle and air-conditioner testifies that position of Walton. Walton has a goal to double overall market share in the next 5 years. It has successfully positioned itself as a customer friendly and eco-friendly Company. Its after sales service has contributed tremendously in building this image in customers’ minds. Since its target market is middle-income people, the price of their products is comparatively lower than those of competitors’. This strategy helps the company greatly in a price sensitive consumer market. In recent years Walton has increased promotional activities through organizing various national sports events. Further investigations have revealed that to achieve the role of market leader, it will face challenges from foreign brands. Moreover, rapidly growing demand from customers for electron products may put pressure on Walton. It has adopted market penetration; products may put pressure on Walton. It has adopted market penetration, product development and market development strategy for future growth. The report has found the prospects of Walton promising in its current position. Favorable government policy will help it expand domestic and international markets in the future.
HR Managers
HR
manager is a person who controls the human resources of a company. A human
resources manager involves into the serious discipline of the human manpower
and maintains the personal, emotional and financial needs of the human beings,
as they are not unit-dimensional entities. And, hence, human resource
management was involved to cultivate a positive work culture in the organization, motivate the employees and streamline the recruitment process and
providing training to the employees.
2. Identifying and verifying the documentation of the staff
3. Maintain the record of all staff details.
4. Providing company committee facilitation and participation.
5. Preparing the various training and development program.
6. Ensuring about the employee, safety, security, welfare program etc.
A person who is mainly possible for the production. On the other hand who collect all matarials for making a product according to the direction of buyer. production manager mainly guides the planning, schedule, budget managing, coordination and management of industrial process.
2. Implementing the organizational goals and policies along with the manager.
3. Recognize Training need.
4. Setting healthy and safe guidelines and making sure followed stringently
5. Keeping the team motivated
6. Following up the whole production process and coming up with a production schedule.
7. Responsible the production processes and regulate schedules as per requirement.
8. Find Out the materials and human resources that will be needed for the production.
1. Interpreting data and providing information related to finance.
2. Construing as well as managing cash flow statement.
3. Predicting the possible developments of the industry.
4. Give Appropriate advice by analyzing changes.
5. Formulating long-term business ideas that are useful for the organization.
6. Conduct research on the verious factors that influence the business performance.
7. Providing accurate suggestions based on the information obtained through research.
8. Analyze the present trends in the market as well as deal with competitors.
9. Managing the financial accounting reporting systems budgets and monitoring a company.
10. Developing and maintain good contact with solicitors, auditors ect.
11. Develop a proper mechanism for managing finance so that the risk involved with finance.
Responsibility of HR Manager
1. Involving in the resources planning and recruitment of an individual.2. Identifying and verifying the documentation of the staff
3. Maintain the record of all staff details.
4. Providing company committee facilitation and participation.
5. Preparing the various training and development program.
6. Ensuring about the employee, safety, security, welfare program etc.
Production Manager
A person who is mainly possible for the production. On the other hand who collect all matarials for making a product according to the direction of buyer. production manager mainly guides the planning, schedule, budget managing, coordination and management of industrial process.
Job Responsibility of the production manager
1. Make sere the production is cost efective.2. Implementing the organizational goals and policies along with the manager.
3. Recognize Training need.
4. Setting healthy and safe guidelines and making sure followed stringently
5. Keeping the team motivated
6. Following up the whole production process and coming up with a production schedule.
7. Responsible the production processes and regulate schedules as per requirement.
8. Find Out the materials and human resources that will be needed for the production.
Finance Manager
As financial manager have to control the finance department. Financial Managers provide financial support and advice to colleagues and clients, Thereby enabling them to analyze the decisions that is vaital in making an organization successful and there is a need to analyze the future implication of a decisions regrading finance.A financial manager also have to do in maintaining and establishing management and financial procedures.1. Interpreting data and providing information related to finance.
2. Construing as well as managing cash flow statement.
3. Predicting the possible developments of the industry.
4. Give Appropriate advice by analyzing changes.
5. Formulating long-term business ideas that are useful for the organization.
6. Conduct research on the verious factors that influence the business performance.
7. Providing accurate suggestions based on the information obtained through research.
8. Analyze the present trends in the market as well as deal with competitors.
9. Managing the financial accounting reporting systems budgets and monitoring a company.
10. Developing and maintain good contact with solicitors, auditors ect.
11. Develop a proper mechanism for managing finance so that the risk involved with finance.
