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5 C Analysis 2
Company
CPI was a major manufacturer of prescription drugs for the medical and dental professions
Competitor
Abbott, Lilly, Merck, Upjohn and Schering
Collaborators
All the products of CPI are carried out by drug wholesalers and drugstores for resale to
public through hospitals and physicians
Customers
Hospitals
Physicians
Drug Wholesalers
Drug Store ( Resale to the end users)
Dental and medical professionals
Bob Marsh as an Individual 3
Strengths Weaknesses
●
Excellent Customer Rapport ●
Lack of planning and unstructured
●
Loyal and sincere employee record keeping
●
Cooperative with managerial ●
Tendency to prejudge the customer’s
instructions interests
●
Maintains good relationship with ●
Non identification with company
physician and hospital staff promotion policies
●
Marsh is sincere ,aggressive and ●
Sample bag was cluttered and poorly
enthusiastic organized
Working with Different District Managers
4
John Meredith
●
During this time under leadership of Meredith his salary increased from $35,000 to $50,000
●
Problems identified by John- lack of attention to organization, planning, follow-up
●
Measures taken- suggested Marsh to do less visiting during hospital calls and use this time for more sales presentations
●
Result- Increased CPI’s prescriptions by physicians, increased buying of CPI products for office use.
●
Bob’s overall Performance rating increased from Below Standard to Above Average
Bill Couch
●
First performance review- satisfactory ratings across board, with exception of planning and record keeping
●
During this time Bob completed his 5 years in the company
●
Marsh’s salary has reached $60,000 in 1986
●
Overall work performance was recorded as Well above average
5
Jim Rathbun
●
Problems identified:
●
Poor penetration with dentists
●
Dissatisfaction with Marsh’s record in establishing new products with Physicians , suggested for detailed presentations rather than rambling for 5-6 products
●
Actions Taken :
●
Outlined preliminary sales goals to attain within 4 months and probation period for Marsh
●
Results:
●
Increased drugstore selling confirmed by special orders
●
New product goals researched in selected hospitals
●
Under the leadership of Rathbun bob marsh was put on probation for 90 days
●
Marsh was given a salary increase to $62500 in 1988
●
Performance is Satisfactory on all accounts
Working with Different District Managers(Cont.) 6
Vince Reed
●
Reed is newer and younger person than Rathbun
●
Reed recommended a salary increase of $2500 for Marsh
●
Under the leadership of Reed Marsh’s performance slipped from Satisfactory to completely unsatisfactory
Ted Franklin
●
He pointed Marsh about his performance and warned to improve the same in due course of time
●
Marsh was required to complete questionnaires on each of his major hospitals
●
In Franklin judgement Marsh is moody, lethargic and unfriendly
●
Franklin along with Mallick take a decision to terminate Marsh
7
Marsh was the one who established contact and maintained rapport with the
clients and was the face that highlighted the products and services that CPI
provides
The client feels closer to the sales representative who they have been dealing
with, and are comfortable with their presence
The establishment of a relationship with a new individual from the same locality,
might have caused further agitation among the clientele, prompting the
collective action to question CPI’s decision
Course of action that is suggested for CPI to undertake 11
in this scenario
The appropriate method would be to reinstate Bob Marsh. This is due to several
reasons, but the most important ones are:
His strong bond with the clientele means that the risk of losing any valued
customers could be negated
His ability to meet sales target means that the company was not affected
financially by his actions
His loyalty to the organization with 12 years of service should be considered
as a guarantee of his commitment to the growth of the organization
Recommendations 12