Marketing analysts who work on different snack products

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Reference no: EM131150520

Be the Manager You supervise a team of marketing analysts who work on different snack products in a large food products company. The marketing analysts have recently received undergraduate degrees in business or liberal arts and have been on the job between one and three years. Their responsibilities include analyzing the market for their respective products, including competitors; tracking current marketing initiatives; and planning future marketing campaigns. They also need to prepare quarterly sales and expense reports for their products and estimated budgets for the next three quarters; to prepare these reports, they need to obtain data from financial and accounting analysts assigned to their products. When they first started on the job, you took each marketing analyst through the reporting cycle, explaining what needs to be done and how to accomplish it and emphasizing the need for timely reports. Although preparing the reports can be tedious, you think the task is pretty straightforward and easily accomplished if the analysts plan ahead and allocate sufficient time for it When reporting time approaches, you remind the analysts through e-mail messages and emphasize the need for accurate and timely reports in team meetings. You believe this element of the analysts' jobs couldn't be more stra·1ghtforward. However, at the end of each quarter, the majority of the analysts turn their reports in a day or two late, and, worse yet, your own supervisor (to whom the reports are eventually turned in) has indicated that information is often missing and sometimes the reports contain errors. Once you started getting flak from your supervisor about this problem, you decided you had better fix things quickly. You met with the marketing analysts, explained the problem, told them to turn the reports in to you a day or two early so you could look them over, and more generally emphasized that they really needed to get their act together. Unfortunately things have not improved much, and you are spending more and more of your own time doing the reports. What are you going to do?

Evaluate the case and propose a solution. Prioritise the steps to be taken in your approach, be systematic and motivate your assertions ?

Reference no: EM131150520

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