Sales staff have also been trained to use different language styles and sales efforts when dealing with different consumers, again tailoring each individual consumer's experience to their own personal needs and preferred methods of conducting business. By simply presenting and describing the largely technological offerings available at Best Buy stores in different manners to different consumers, sales have increased and the store's profitability has risen, as well. The continued success of the company depends on its ability to continue this process of incremental innovation, adjusting and developing as new consumer trends come to the fore.
Encouraging managers and employees to become intrapreneurs, making profitable incremental innovations to the company's operations, is fairly easy. Encouraging employees and managers at all levels to approach superiors with suggestions and providing ample recognition for successful efforts will likely encourage large portions of Best Buy staff to develop such ideas. Intrinsic as well as extrinsic rewards will encourage this behavior.
Conflict and Politics Rage at News Corps and Viacom
A large part of the internal conflicts and unnecessary political battles being waged within Viacom is found in the fact that Summer Redstone, the company's long-standing CEO, has run the company largely unilaterally and in...
Our semester plans gives you unlimited, unrestricted access to our entire library of resources —writing tools, guides, example essays, tutorials, class notes, and more.
Get Started Now