Preview

QA homework One

Satisfactory Essays
Open Document
Open Document
443 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
QA homework One
CASE 12-2 Store24 (A): Managing Employee Retention* and Store24 (B): Service Quality and Employee Skills**

Be sure to download and read the HBS cases before you begin your analysis.

Work with one or two partners.

Problem. Management needs to know what controllable “people” factors are driving store sales and profits. If management or crew tenure, management or crew skill, or service quality is driving performance, programs to increase tenure, skill or quality will be created.

A number of uncontrollable factors probably influence store sales and profits, in addition to “people” influences. While these cannot be changed by management, at least in the short term, managers are aware that those influences cannot be ignored.

There has been some grumbling from managers of stores not located in residential neighborhoods, as well as from managers of stores not open 24 hours, since sales or profit potential may be more limited in those stores. Data are in Case 12 Store24.xlsx.

Your assignment. Identify the drivers of store sales and profits and quantify the influence of each.

Deliverables. Present your results in a memo to management.

Content.

Explain Variations in Store Performance

Identify the more powerful drivers among the controllable factors, so that resources can be directed to programs which could improve those driver levels.
Compare their expected influences on sales and profits
Quantify the potential performance limitations facing managers of stores located in residential neighborhoods or stores not open 24 hours. (Be sure to account for other differences which may work with store location or hours to drive performance differences.)
How much would increasing crew tenure by 1.38 months be worth?
How much would management tenure, management skill, crew skill, or service quality need to be increased by produce a comparable improvement in store

You May Also Find These Documents Helpful

  • Better Essays

    Pamd Sue

    • 1852 Words
    • 8 Pages

    The data set has 37 independent variables. This includes 7 categorical variables for competitive type and 30 numerical categories. There are 250 stores, meaning the sample size is 250. As the sales are given in $1,000’s of dollars it is best to remember that a unit change in x will correspond to that coefficient of x multiplied by 1,000.…

    • 1852 Words
    • 8 Pages
    Better Essays
  • Good Essays

    achievement, including the task of workers to distinctive ranges of the store amid the day. At…

    • 347 Words
    • 1 Page
    Good Essays
  • Good Essays

    North West Case

    • 804 Words
    • 4 Pages

    Currently, North West employed a “push” strategy in which category managers at North West’s Winnipeg headquarters analyzed trends, placed orders and allocated products to stores. Typically, category managers worked with store managers to review the previous year’s lineup, orders and actual sales. Using historical averages and the next year’s forecast growth rate, category managers estimated demand for products at a company level. Category managers met frequently with suppliers to review the product lineup for the upcoming year, which often differed from year to year. The shift towards localization promised to tap into the local knowledge that resided with store managers, allowing them to better tailor product quantities to preferences in their communities. Under localization, product assortment decisions, which had been previously made at the category manager’s level at Winnipeg headquarters, would become the responsibility of North West’s 147 store managers.…

    • 804 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Fast Fit Case Study

    • 1580 Words
    • 7 Pages

    b) What are three important uses of this information at the store by the store manager and by headquarters management – a total of six uses?…

    • 1580 Words
    • 7 Pages
    Good Essays
  • Good Essays

    Natasha

    • 1843 Words
    • 8 Pages

    • C - (TCO 3) Explain how you will visually represent the comparison of the total annual sales at the individual stores for each of the three years. Describe methods to make your strongest performing store stand out.…

    • 1843 Words
    • 8 Pages
    Good Essays
  • Powerful Essays

    Mgt3610 Baruch Outline

    • 2698 Words
    • 11 Pages

    This is an introductory course intended to provide the student with a mix of theoretical and practical knowledge about managing service operations in businesses such as financial services, retail hospitality, healthcare, transportation, and small business. This course is organized around principles including the strategic role of operations for competitiveness and sustainability, and the design of processes, service offerings, and supply chains. Students will learn the use of tools and techniques for planning, control, and continuous improvement of service delivery processes, facilities, through an in-depth analysis of available techniques, to detailed studies of operating procedures, processes, methods, and controls. Covered, too, are the supporting human considerations. Prerequisite: Completion of math requirement for the BBA degree.…

    • 2698 Words
    • 11 Pages
    Powerful Essays
  • Satisfactory Essays

    Sandwich Blitz Unit 4

    • 329 Words
    • 2 Pages

    1. How would creating a new position between the CEO and the location managers help the business to grow?…

    • 329 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Recently, Company Q closed two stores in higher crime neighborhoods on the premise that they were consistently losing money. Because Company Q is a small business, they need to be fiscally responsible in where they open their stores. Understanding the demographics of the area where stores are opened will go a long way in determining the profitability and success of that store. To begin with, Company Q could have researched who their customer base is and what are the items these customers need. For example, do the people who live in…

    • 780 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    Unit 4 Assignment

    • 292 Words
    • 2 Pages

    1. How would creating a new position between the CEO and the location managers help the business to grow?…

    • 292 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    1. How would creating a new position between the CEO and the location managers help the business to grow?…

    • 422 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Provide employees working directly with the customers on the floor with more empowerment so that they may satisfy the customer better.…

    • 3991 Words
    • 16 Pages
    Good Essays
  • Satisfactory Essays

    Winco Case Write-Up

    • 462 Words
    • 2 Pages

    Largest sales volume (as believed by management) than any other similar chain or wholesale group in area of operations.…

    • 462 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    The Sandwich Blitz Inc.

    • 395 Words
    • 2 Pages

    1. How would creating a new position between the CEO and the location managers help the business to grow?…

    • 395 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Business HW 8

    • 369 Words
    • 1 Page

    2. What is The Container Store doing to empower its employees? How do you think this affects job satisfaction?…

    • 369 Words
    • 1 Page
    Satisfactory Essays
  • Satisfactory Essays

    McDonald’s has executed its operational excellence strategy well by tracking key indicators of product and service quality, speed, and accuracy. The company has also identified its people practices and approaches that substantially impact the firm’s turnover, productivity, customer satisfaction, sales, and profitability. This has allowed it to develop a business model that emphasizes not only financial and operational factors but also people factors that improve the company’s results by improving employee commitment, retention, productivity, and customer loyalty.…

    • 918 Words
    • 4 Pages
    Satisfactory Essays