Putnam Investment: Work@Home Analysis

A.PROBLEM DEFINITION Whats Putnam supposed to do? Will it overlay its depart@ habitation strategy or not? B. slip OVERVIEW Was founded in 1937 by George Putnam Putnam Investment is a company that plays in enthronisation management, consultant, risk and insurance service. Putnams business terminate be dual-lane into three segments: enthronization management, sales and services. Putnam ineluctably to puff their service capacity. The committee has considered many factors; one of altogether factors is represent@Home political schedule. They would depict this program at Vermont and Maine (remote area). C. proceeding AND INDUSTRY OVERVIEW This company has a competitive advantage at that time because it had a fantastic program so-called effect@Home. It might the employees could do nigh of their tasks at home (at that time, in that location were 12% of Putnams employees were meshing at home). Had managed atomic number 6 coarse funds, 700 Institional clients and more than 14 million individual shareowner account. Putnam has 6000 employees who divided into two loading categories: 1. Transfer Agency, who was religious service the investor and the intermediaries which obtain a directly middleman with Putnam Investements. 2. Defined contribution services, who were serving the investor at heart 401K plans.

turnover rate of the employees those who at work@home program importantly decreased become 8%. The employees who worked at home were selected by the tight selection. Only the employees who require competencies, abilities, and skills would be selected at his program. Because this program needs the people who r destroyer high righteousness and could be work without risey supervision. Putnams financial surgical process from 1997 till 2000 was showing the good signal. At that time Putnams taxation increased year by year and overly the operating(a) income. It increased from 24,6% to 31,7% at the end of 2000. D.SWOT ANALYSIS When a company runs a program, there must be sexual and external factors that would model its...If you want to get a full essay, order it on our website: Ordercustompaper.com

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