netrashetty
Netra Shetty
Avis Budget Group, Inc. (NASDAQ: CAR) operates two of the most recognized brands in the global vehicle rental industry through Avis Rent A Car System, LLC (Avis), Budget Rent A Car System, Inc. (Budget) and Budget Truck Rental, LLC (Budget Truck). Avis is a leading supplier to the premium commercial and leisure segments of the travel industry, and Budget is a leading supplier to price-conscious car rental segments.
Avis Budget Group maintains the leading share of airport car rental revenue and operates the second largest consumer truck rental business in the United States.
Following the decision to dissolve the Cendant company name and split into four separate companies, the vehicle rental division of Cendant became Avis Budget Group in 2006. The company's headquarters are located in Parsippany, New Jersey
4
CEO
Ronald Nelson
4
Director
John Hardy
2
Director
Eduardo Mestre
Director
Mary Choksi
2
Director
Lynn Krominga
3
Director
Martin Edelman
Director
Stender Sweeney
5
Director
Leonard Coleman
CFO
David Wyshner
Strategy & Pricing
SD
Administration
MS
2
Legal
MT
International Operations
PS
Operations
LdS
Sales & Marketing
Thomas Gartland
COO
Robert Salerno
Commercial Sales
BL
Marketing
BA
Travel & Partnership Sales
KC
Accounting
BW
Retaining and finding the best staff is becoming harder and harder. Positively influencing staff is one way to develop an environment and culture where people want to do their best and want to stay.
Inspiring Culture
Success comes through people. If you understand what motivates people, you have at your command the most powerful tool for dealing with them to get them achieve extraordinary results. "When companies are effective in satisfying their employees, employees stay longer, make a deeper commitment to the business, recommend ways to improve the company's products and services, and work harder to satisfy the customer."1
Customer Success 360
"In almost every survey of factors that motivate employees in the workplace, job satisfaction is at or near the top of the list, far surpassing pay and benefits."2 Creating a work environment that encourages rapid response to customers' needs and attentive follow-through is the key to leveraging the power of your service-profit chain. This is only possible when people are empowered to make decisions and are motivated to solve problems. Encourage employees to go beyond the literal boundaries of their jobs – to make suggestions for improvement – and you will gain not just a part, but the full potential of their contributions to the business.
Energize Employees
The Power of Recognition
There is ample research to show people are more motivated by recognition than money. Despite this "it is rare that a business has a systematic process for thanking staff let alone some other accomplishment above and beyond. Simple fact many of the coming X and Y generation won’t put up with coercion and fear tactics to keep a job. They will seek out work places that are positive, productive, able to learn new skills and enjoyable. In short Employers of choice or “Good Boss”™ environment."5
Inspiring People
Reward Systems
The greatest management principle is that the things that get rewarded get done. The only way employees will fulfill your dream is to share in the dream. Reward systems are the mechanisms that make this happen... More
Inspirational Leadership: 10 Roles
Coach and train your people to greatness.
Make business fun... More
The Fun Factor
As business today is about passion and winning and creating new things, fun has become a big element in the business strategy of many highly successful businesses. No one should have a job they don't enjoy. "If you don't wake up energized and excited about tackling a new set of challenges, then you might be in the wrong job."3... More
Quick and Easy Kaizen
Quick and easy Kaizen is aimed at increasing productivity, quality, and worker satisfaction, all from a very grassroots level. Every company employee is encouraged to come up with ideas – however small – that could improve his/her particular job activity, job environment or any company process for that matter.
The employees are also encouraged to implement their ideas as small changes can be done by the worker him or herself with very little investment of time.
Quick and easy Kaizen helps eliminate or reduce wastes, promotes personal growth of employees and the company, provides guidance for employees, and serves as a barometer of leadership. Each kaizen may be small, but the cumulative effect is tremendous.
The quick and easy kaizen process works as follows:
1.
The employee notices a problem or an opportunity for improvement... More
Case in Point Canon
The six guidelines of the Canon Production System (CPS) are:
1.
Use competition and games to arouse interest... More
Empowering the People Around You: 3 Rules
The three general rules for empowering the people around you, which apply to everyone you meet, are appreciation, approval, and attention. Voice your thanks and gratitude to others on every occasion. Praise them for every accomplishment. And pay close attention to them when they talk and want to interact with you. These three behaviors alone will make you a master of human interaction and will greatly empower the people around you... More
Managerial Communication
Coaching
“Some data show the quality of the relationship between boss and subordinate is a major predictor of intentions to remain,” says Davis Fitzhugh, professor of business administration at Harvard University. “Coaching, which can help managers talk with subordinates about their developmental needs, absolutely affects the relationship positively. And that’s a big payoff.” 4
Leadership-Management Synergy
A study of 100 executives made by Manchester Inc. showed that a combination of change-oriented coaching and growth-oriented coaching resulted in an average return on investment of 5.7 times the initial investment, with a myriad of specific improvements. For example, customer service improved 39%, bottom line profitability increased 22%, working relationship with direct reports improved as reported by 77% of executives, and job satisfaction soared 61%
The business environment where 3M operates in is now more competitive than before. Because of the developments in technology, innovations are easily copied. In order to remain competitive the company needs more actively develop its human resources. Now more than ever, the company needs to focus on developing its employees and making sure that they can compete in a fast-changing world. In order for the employees to acquire the knowledge, skills and abilities that they need to perform their present task, to be able to fulfill their future responsibilities, and to remain competitive amidst the changes in the business environment, the company needs to promote and support continuous learning.
The company heroes and the people who have been in the company for a long time also play important roles. These people need to make sure that the values, culture, and missions of 3M will carry on to the new generation of employees. In this regard, Coaching and Mentoring are required.
Career Development is also a major concern. The company needs to create career development opportunities for every employee, communicate these to them and make sure that employees are empowered to make their own decisions, specially in their careers.
In order to encourage innovation and creativity and to uplift the sense of belonging of every employee, 3M must turn back to its history and build a corporate identity that I based on innovation. A corporate identity that is founded on innovation is important as employees will adopt that image and make it their own. Employees must be encouraged to strengthen that corporate identity.
Everyone at 3M must be educated how innovation has been the driving, unifying force behind a corporation with tens of thousands of products. Innovation according Baskin (1998) to lies at he beginning of 3M’s story – its founding in 1902. Innovation goes on to describe the development of Scotch brand masking and cellophane tapes, of magnetic tape and medical gauze masks, and of the thousands of other products 3M sells. 3M has a rich history and tradition of innovation. The management must make every employee aware of this and must encourage them to achieve the same and the generations before them.
Avis Budget Group maintains the leading share of airport car rental revenue and operates the second largest consumer truck rental business in the United States.
Following the decision to dissolve the Cendant company name and split into four separate companies, the vehicle rental division of Cendant became Avis Budget Group in 2006. The company's headquarters are located in Parsippany, New Jersey
4
CEO
Ronald Nelson
4
Director
John Hardy
2
Director
Eduardo Mestre
Director
Mary Choksi
2
Director
Lynn Krominga
3
Director
Martin Edelman
Director
Stender Sweeney
5
Director
Leonard Coleman
CFO
David Wyshner
Strategy & Pricing
SD
Administration
MS
2
Legal
MT
International Operations
PS
Operations
LdS
Sales & Marketing
Thomas Gartland
COO
Robert Salerno
Commercial Sales
BL
Marketing
BA
Travel & Partnership Sales
KC
Accounting
BW
Retaining and finding the best staff is becoming harder and harder. Positively influencing staff is one way to develop an environment and culture where people want to do their best and want to stay.
Inspiring Culture
Success comes through people. If you understand what motivates people, you have at your command the most powerful tool for dealing with them to get them achieve extraordinary results. "When companies are effective in satisfying their employees, employees stay longer, make a deeper commitment to the business, recommend ways to improve the company's products and services, and work harder to satisfy the customer."1
Customer Success 360
"In almost every survey of factors that motivate employees in the workplace, job satisfaction is at or near the top of the list, far surpassing pay and benefits."2 Creating a work environment that encourages rapid response to customers' needs and attentive follow-through is the key to leveraging the power of your service-profit chain. This is only possible when people are empowered to make decisions and are motivated to solve problems. Encourage employees to go beyond the literal boundaries of their jobs – to make suggestions for improvement – and you will gain not just a part, but the full potential of their contributions to the business.
Energize Employees
The Power of Recognition
There is ample research to show people are more motivated by recognition than money. Despite this "it is rare that a business has a systematic process for thanking staff let alone some other accomplishment above and beyond. Simple fact many of the coming X and Y generation won’t put up with coercion and fear tactics to keep a job. They will seek out work places that are positive, productive, able to learn new skills and enjoyable. In short Employers of choice or “Good Boss”™ environment."5
Inspiring People
Reward Systems
The greatest management principle is that the things that get rewarded get done. The only way employees will fulfill your dream is to share in the dream. Reward systems are the mechanisms that make this happen... More
Inspirational Leadership: 10 Roles
Coach and train your people to greatness.
Make business fun... More
The Fun Factor
As business today is about passion and winning and creating new things, fun has become a big element in the business strategy of many highly successful businesses. No one should have a job they don't enjoy. "If you don't wake up energized and excited about tackling a new set of challenges, then you might be in the wrong job."3... More
Quick and Easy Kaizen
Quick and easy Kaizen is aimed at increasing productivity, quality, and worker satisfaction, all from a very grassroots level. Every company employee is encouraged to come up with ideas – however small – that could improve his/her particular job activity, job environment or any company process for that matter.
The employees are also encouraged to implement their ideas as small changes can be done by the worker him or herself with very little investment of time.
Quick and easy Kaizen helps eliminate or reduce wastes, promotes personal growth of employees and the company, provides guidance for employees, and serves as a barometer of leadership. Each kaizen may be small, but the cumulative effect is tremendous.
The quick and easy kaizen process works as follows:
1.
The employee notices a problem or an opportunity for improvement... More
Case in Point Canon
The six guidelines of the Canon Production System (CPS) are:
1.
Use competition and games to arouse interest... More
Empowering the People Around You: 3 Rules
The three general rules for empowering the people around you, which apply to everyone you meet, are appreciation, approval, and attention. Voice your thanks and gratitude to others on every occasion. Praise them for every accomplishment. And pay close attention to them when they talk and want to interact with you. These three behaviors alone will make you a master of human interaction and will greatly empower the people around you... More
Managerial Communication
Coaching
“Some data show the quality of the relationship between boss and subordinate is a major predictor of intentions to remain,” says Davis Fitzhugh, professor of business administration at Harvard University. “Coaching, which can help managers talk with subordinates about their developmental needs, absolutely affects the relationship positively. And that’s a big payoff.” 4
Leadership-Management Synergy
A study of 100 executives made by Manchester Inc. showed that a combination of change-oriented coaching and growth-oriented coaching resulted in an average return on investment of 5.7 times the initial investment, with a myriad of specific improvements. For example, customer service improved 39%, bottom line profitability increased 22%, working relationship with direct reports improved as reported by 77% of executives, and job satisfaction soared 61%
The business environment where 3M operates in is now more competitive than before. Because of the developments in technology, innovations are easily copied. In order to remain competitive the company needs more actively develop its human resources. Now more than ever, the company needs to focus on developing its employees and making sure that they can compete in a fast-changing world. In order for the employees to acquire the knowledge, skills and abilities that they need to perform their present task, to be able to fulfill their future responsibilities, and to remain competitive amidst the changes in the business environment, the company needs to promote and support continuous learning.
The company heroes and the people who have been in the company for a long time also play important roles. These people need to make sure that the values, culture, and missions of 3M will carry on to the new generation of employees. In this regard, Coaching and Mentoring are required.
Career Development is also a major concern. The company needs to create career development opportunities for every employee, communicate these to them and make sure that employees are empowered to make their own decisions, specially in their careers.
In order to encourage innovation and creativity and to uplift the sense of belonging of every employee, 3M must turn back to its history and build a corporate identity that I based on innovation. A corporate identity that is founded on innovation is important as employees will adopt that image and make it their own. Employees must be encouraged to strengthen that corporate identity.
Everyone at 3M must be educated how innovation has been the driving, unifying force behind a corporation with tens of thousands of products. Innovation according Baskin (1998) to lies at he beginning of 3M’s story – its founding in 1902. Innovation goes on to describe the development of Scotch brand masking and cellophane tapes, of magnetic tape and medical gauze masks, and of the thousands of other products 3M sells. 3M has a rich history and tradition of innovation. The management must make every employee aware of this and must encourage them to achieve the same and the generations before them.
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