There's also a corporate new incent story where a business rewards its sales team with luxury cars for achieving a certain level of sales volume. This not only motivates the current salespeople but also attracts new talent to the company. The sales team becomes more competitive, trying to outperform each other to get the coveted cars, and as a result, the company's sales figures have skyrocketed.
Sure. A well - known company recently updated its internal control regarding employee expense claims. They started using an automated system that cross - checks receipts with claimed expenses. This has significantly reduced the number of false claims. Employees now know that they are being closely monitored and are more careful with their submissions.
Sure. In the corporate world, many companies have benefited from Sap Concur. For instance, a major tech firm was able to automate its entire expense approval process. This not only saved time but also improved compliance. With Sap Concur, they could enforce their expense policies more strictly, ensuring that all expenses were in line with company regulations. This led to a more organized and efficient financial operation within the company.
One new incent story could be about a small business that started an incentive program for its employees. They offered bonuses for meeting monthly sales targets. As a result, the employees worked harder and the business saw a significant increase in revenue.
Sure. There was a manager who played favorites blatantly. He would give all the best projects and opportunities to a select few employees while ignoring the rest. This created a very unfair and toxic work environment where the favored ones were overworked and the others were underutilized.
One success story is from Apple. Steve Jobs was a master of situational leadership. When the company was struggling in the 1990s, he returned. He knew the situation required radical innovation. He pushed his teams hard to create the iPod, iPhone and iPad. His ability to assess the situation, whether it was a competitive threat or a market opportunity, and lead accordingly made Apple a global giant again.
Sure. A large tech company introduced a wellness program that included on - site yoga and meditation sessions. Employee satisfaction increased, and the company saw a decrease in turnover. It was a simple yet effective addition to the work environment.
Sure. A large manufacturing company had a matrix system that was too hierarchical. After the rewrite, decision - making processes were decentralized. This allowed for quicker responses to market changes. For instance, when a new competitor emerged, the company was able to rapidly adjust its production lines and marketing strategies, leading to a maintained market share.
Another aspect in the corporate world is in deal - making. Libras are great at negotiation. They consider all the factors involved, from the financial terms to the long - term implications for both parties. A Libra executive might have successfully closed a major merger or acquisition by finding that perfect balance between what each company wants. They can analyze the market trends and use their diplomatic skills to persuade stakeholders on both sides.
Sure. One story could be about a black boss who led his team through a tough project. He motivated everyone with his positive attitude and excellent leadership skills. He was very inclusive and made sure every voice in the team was heard, which led to great success in the end.
One common corporate termination horror story is when a company changes its business strategy suddenly. They terminate employees who are associated with the old strategy, even if those employees could have easily adapted. For example, a tech company decided to shift from a software - based product to a service - based one and fired all the software developers without exploring how they could contribute to the new model. Also, some companies terminate employees based on performance reviews that are not fair or objective. An employee might be marked as underperforming because their manager doesn't like them, rather than based on actual work quality. And then there are companies that terminate employees to cut costs without thinking about the long - term impact on the remaining staff's morale.