Control Mechanismsteampaperfinal

Control Mechanismsteampaperfinal - Control Mechanisms 1...

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Control Mechanisms 1 Control Mechanisms Rosa Flores Angela Medvid University of Phoenix MGT 330 Ken Baca Feb 2, 2009
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Control Mechanisms During week four, Team B has picked an organization which will be researched and address the following as related to the organization: Identify four types of control mechanisms used in the selected organization, Compare and contrast the control mechanisms that Team B identified, Determine the effectiveness of these control mechanisms, Examine the positive and negative reactions to the use of the controls, explain how these controls impact the four functions of management. Sexy, Glamorous, Innovative are three words to describe Victoria’s Secret (Limited Brands, 2008). Team has chosen Victoria’s Secret as the organization to research for assignment due in week five. Victoria’s Secret is the leading specialty retailer for lingerie and beauty products, knocking down competitors with their modern, fashion-inspired collections, prestige fragrances and cosmetics, supermodels and world famous fashion shows. Victoria’s Secret has its own ways to make sure the business is run the way it should be (Limited Brands, 2008). Daily stat reports, weekly conference calls, employee’s reviews and inventory (K. Rogers, personal communication, January 28, 2009). Reports Everyday, each manager can see how his or her own store and every store have done in the district. With these stat reports given daily, helps let the stores know if what they have done the day before works, if not then a change has got to be done. When numbers are not met, then conference calls, which are done weekly, can be very horrifying for the store manager to be on.
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Conference Call Running a store is one thing, but running a good handful can be stressful. The district manager can see and hear everything that goes on in each of the stores. Every week all the managers get on a conference call to discuss previous week numbers, called their weekly evaluation. During this call, words are exchanged from everyone on how well or not so good a store did. If a store does not make the numbers then the store is put on what is called “weekly focus.” The weekly focus is made specifically for the management team to understand what needs to be done for the following week. If again the numbers are not met the manager is to give reason to the district manager as to why the numbers were not met, then the store is put under watch (Limited Brands, 2008). This is where visits are made to the store bi-weekly. Not every store has a good week because each store is different. On the call, managers give advice to the struggling stores to see if things can be done differently to increase the numbers. A
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This note was uploaded on 05/14/2011 for the course BUS 475 taught by Professor Lessor during the Spring '09 term at University of Phoenix.

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Control Mechanismsteampaperfinal - Control Mechanisms 1...

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