Preview

Lululemon: Pay-For-Performance

Satisfactory Essays
Open Document
Open Document
97 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Lululemon: Pay-For-Performance
 Lululemon ran a programme known as pay- for –performance. Lululemon pay their manager 20% as commission upon their performance (like managing sales, labour and expenses).
 The motive behind this program was to promote entrepreneurial spirit that has made Lululemon what they are today by managing day to day expenses and raising company’s sales.
 Lululemon pay 80% as base pay to their store managers. In addition, if all this metrics were met mangers get opportunity to earn and exceptional bonus above sales targets which keeps managers active to take part in business with full power.
Continue Reading
View Writing Issues

You May Also Find These Documents Helpful

  • Good Essays

    Lululemon Athletica Case Analysis
    • 291 Words
    • 2 Pages

    Lululemon Athletica Case Analysis

    Lululemon’ s excessive progress period is greatly to be at an end. There are pressing questions about the company’s ability to keep growing given the narrowness of its core product’s appeal. However, at an individual level, Lululemon Athletica scores remain efficient and profitable, and the company is in a strong financial position. There is a one-time window of opportunity for the company to attempt a larger…

    • 291 Words
    • 2 Pages
    Good Essays
    Read More
  • Powerful Essays

    Lululemon Athletica
    • 4608 Words
    • 19 Pages

    Lululemon Athletica

    Lululemon has invested considerable time and energy building its brand identity and company culture, which has resulted in loyal customers and employees. Consistent with the company’s mission of “providing people with the component…

    • 4608 Words
    • 19 Pages
    Powerful Essays
    Read More
  • Best Essays

    Lululemon Executive Summary
    • 3348 Words
    • 14 Pages

    Lululemon Executive Summary

    By not discounting its product like Athleta does, Lululemon creates the perception, and possible reality, that its product will produce better athletic performance for consumers. The individual consumer has assumed that the product will also be high quality, and likely higher quality that Athleta, which is priced cheaper and usually has items at a discounted price. However, the value of the Lulelemon products has recently been tested, and Athleta has the opportunity to capitalize on this drop in…

    • 3348 Words
    • 14 Pages
    Best Essays
    Read More
  • Satisfactory Essays

    Lululemon Athletica Assessment
    • 644 Words
    • 3 Pages

    Lululemon Athletica Assessment

    Lululemon shows this in many ways, first off, their individuality. Although they provide the same lines of clothing from store to store, Lululemon has attempted to guide their educators to put their own individual “stamp” on each store. An example was given in the report about how a Toronto location added a running clinic to accommodate the Toronto Marathon while a Vancouver location might put on a snowshoeing clinic to accommodate the possible travelers into the Rockies. This company also put forth the effort in order to create trust and loyalty by focusing on selling quality products, providing a positive store experience and empowering its staff and customers in multiple ways to increase there awareness about the…

    • 644 Words
    • 3 Pages
    Satisfactory Essays
    Read More
  • Good Essays

    Lululemon Athletica
    • 572 Words
    • 3 Pages

    Lululemon Athletica

    The athletic clothing brand "Lululemon Athletica" (commonly known as Lululemon) was founded in Vancouver BC in 1998. The first Lululemon shared its retail space with a yoga studio. The Lululemon name was chosen in a survey of 100 people from a list of 20 brand names and 20 logos. The logo is actually a stylized "A" that was made for the first letter in the name "athletically hip", a name which failed to make the grade. The first real store opened in November of 2000. Lululemon’s target markets are men and women who are looking for athletic apparel for yoga, running, dancing, and most other sweaty pursuits.…

    • 572 Words
    • 3 Pages
    Good Essays
    Read More
  • Satisfactory Essays

    Lululemon Athletica Case Study
    • 48 Words
    • 1 Page

    Lululemon Athletica Case Study

    I hope you are doing well, I appreciate the time for reviewing my resume and qualifications. After careful analysis, I regret this position It is not in line with my skills and career goals. Although, I consider Lululemon Athletica will have further possibilities. I recently accepted another…

    • 48 Words
    • 1 Page
    Satisfactory Essays
    Read More
  • Satisfactory Essays

    Lululemon Research Paper
    • 375 Words
    • 2 Pages

    Lululemon Research Paper

    These days it’s hard to see a person wearing no clothing from lululemon. Either it’s the famous headband or the pants, you can always tell. The reason why I chose lululemon as my topic is because it’s Canadian, not many people know that the first lululemon store opened was in Vancouver, and that the main headquarters is in Vancouver too.…

    • 375 Words
    • 2 Pages
    Satisfactory Essays
    Read More
  • Good Essays

    Lululemon Corporate Social Responsibility
    • 401 Words
    • 2 Pages

    Lululemon Corporate Social Responsibility

    At lululemon they believe that people make it all happen. They have what is called people powered projects. These means- leaders from around the globe who inspire grassroots actions in stores, support centers, factories, and in the communities that surround them. For example, Cory at the Australia store is working to reduce water use.…

    • 401 Words
    • 2 Pages
    Good Essays
    Read More
  • Good Essays

    Lululemon: Ethical Business Practices
    • 247 Words
    • 1 Page

    Lululemon: Ethical Business Practices

    It’s clear that Lululemon is reliant on third-parties for the supply and the manufacturing requirements of its athletic apparel. By association, should these companies engage in unethical business practices or skimp on quality guidelines, these acts will reflect poorly on the Lululemon brand (Vallester, Lindgreen, & Maon, 2012). The use of foreign labour and manufacturing resources among multinational enterprises can become complicated, where firms that violate principles of corporate social responsibility experience backlash from consumers often (Nam et al., 2017). These issues are manageable for numerous multinational establishments; however, this is not the circumstance for Lululemon as it has few supplier replacements…

    • 247 Words
    • 1 Page
    Good Essays
    Read More
  • Good Essays

    Lululemon Social Responsibility
    • 717 Words
    • 3 Pages

    Lululemon Social Responsibility

    Lululemon athletica is a Canadian athletic apparel retailer, Inspired at designing athletic wear for both men and women who participate in a variety of sport such as yoga, running, mountain climbing and cycling. Like all organizations leadership beliefs contributed to the behavior and attitudes for their performance and success in the long run. LUlulemon has succeeded in developing both a brand and a culture of customers with a believe that wearing the product helps them to achieve their athletic goals, leading to more balanced and positive lives. Leadership beliefs that guide the socially responsible practices at Lululemon athletica are people, the community, their…

    • 717 Words
    • 3 Pages
    Good Essays
    Read More
  • Powerful Essays

    Lululemon Essay
    • 1541 Words
    • 7 Pages

    Lululemon Essay

    Sue Koenig is the owner of Joggers Universe, a retail store that sells high-end running shoes. Sue started Joggers Universe in 1987 when she was 24 years old. Being a nationally ranked runner herself, she has excellent knowledge in what runners and joggers want. When there was a “jogging boom” Sue’s business became very successful. Now Sue finds herself facing challenges and a decline in customers. She tried strategies like adding all different kinds of sport shoes to her store as well as fashionable sportswear in anticipation of attracting more customers resulting in a rise in sales. She noticed even after making this change that her sales had flattened. Her store is also suffering with the rise of competition. Now, Sue is trying…

    • 1541 Words
    • 7 Pages
    Powerful Essays
    Read More
  • Powerful Essays

    Lululemon Research Paper
    • 3064 Words
    • 13 Pages

    Lululemon Research Paper

    “The beauty of our culture lies not just in what it brings to our company, but in what it brings to lives of the individuals who work at Lululemon.”…

    • 3064 Words
    • 13 Pages
    Powerful Essays
    Read More
  • Good Essays

    Lululemon: A Healthy Lifestyle
    • 433 Words
    • 2 Pages

    Lululemon: A Healthy Lifestyle

    Lululemon has stuck to its roots since the beginning and their beliefs correlate with the business being as successful as it is. They base their customer basis around the idea that they must build trust and loyalty between each other. Quality products and friendly service is two of the keys to lululemon’s success while sticking to the claim that their costumer become healthier and even make them live longer. While living up to that statement, lululemon has incorporated yoga and the yoga lifestyle because when incorporating yoga into your life there will be multiple physical and mental benefits. There evidence behind this is the fact that a healthy lifestyle improves your life in various ways: improving sleep, calming anxiety, and even helping…

    • 433 Words
    • 2 Pages
    Good Essays
    Read More
  • Powerful Essays

    Lululemon
    • 1399 Words
    • 6 Pages

    Lululemon

    Greenlight Apparel is an athletic gear company with a mission “proving to provide” simple and challenging lifestyle. The motto, “Wear it for Good” , says it all about how their company is unique. Greenlight Apparel also produces in a sustainable and a decent way while donating their profits to the educational programs to lower down the poverty margin line in the world. Greenlight’s behavior as an apparel company has helped in providing and financing opportunities to women and children’s over the world and communities. The CEO of the company Sonny Aulakh states, “an area greatly affected by both the environmental and child labor issues”. As he also notes, “The people there see right through it. It’s a part of their culture.” Being an Indian and coming from the part where poverty is high on the margin line says it all about the culture and how the environment has changed the lives of children and how child labor is highly rated. Greenlight Apparel is doing their best to change the world and save the environment as well as young children from ruining their childhood.…

    • 1399 Words
    • 6 Pages
    Powerful Essays
    Read More
  • Powerful Essays

    Pay-For-Performance: Reimbursement System
    • 1495 Words
    • 6 Pages

    Pay-For-Performance: Reimbursement System

    Pay-For-Performance is a health care payment system developed to try and address the shortfalls of the current reimbursement payment system. Incentives are paid to hospitals, physicians, and clinics for the improved quality of care for patients, efficiency of care, and improved health outcomes of patients. Pay-For-Performance is part of the improvement of quality as well as a cost management tool. Currently the reimbursement system that is in place pays for services rendered prompting providers to order tests or services that may not be necessary but offer them a better reimbursement. Pay-For-Performance will pay for the improved treatment and health of a patient, so instead of just ordering a bunch of services providers will focus more on…

    • 1495 Words
    • 6 Pages
    Powerful Essays
    Read More

Related Topics