Putnam Investment: Work@Home Analysis

A.PROBLEM DEFINITION Whats Putnam supposed to do? Will it hatch its work@ habitation strategy or not? B. fall behind OVERVIEW Was founded in 1937 by George Putnam Putnam Investment is a company that plays in investment management, consultant, risk and insurance service. Putnams business drop be dual-lane into three segments: investment management, sales and services. Putnam of necessity to expand their service capacity. The committee has considered some factors; one of wholly factors is playact@Home political program. They would establish this program at Vermont and Maine (remote area). C. transaction AND INDUSTRY OVERVIEW This company has a competitive payoff at that time because it had a unique program supposed Work@Home. It might the employees could do most of their tasks at phratry (at that time, in that location were 12% of Putnams employees were working at home). Had managed 100 coarse funds, 700 Institional clients and more than 14 millio n mortal shareholder account. Putnam has 6000 employees who divided into two core categories: 1. Transfer Agency, who was dower the investor and the intermediaries which have a directly link with Putnam Investements. 2. Defined ploughshare services, who were serving the investor at heart 401K plans.

Turnover rate of the employees those who at work@home program significantly decreased become 8%. The employees who worked at home were selected by the tight selection. totally the employees who have competencies, abilities, and skills would be selected at his program. Because this program needs the lot who have h igh righteousness and could be work without! risey supervision. Putnams financial surgical process from 1997 till 2000 was showing the equitable signal. At that time Putnams revenue increased socio-economic class by year and overly the operating income. It increased from 24,6% to 31,7% at the end of 2000. D.SWOT ANALYSIS When a company runs a program, on that point must be sexual and external factors that would influence its...If you involve to get a full essay, order it on our website: OrderCustomPaper.com

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