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Alchemy Training
Firm

Alchemy Training Firm


Case Study: HRM370
Section 2
Group B

Submitted to
Tajuddin Ahmed
Lecturer, Department of Management

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Alchemy Training
Firm

School of Business and Economics


Submission Date: 30​th​ March 2020

Executive summary

Alchemy was a Shanghai-based training firm founded in 1997. In 2003, the


company had a staff of 18 with revenue of RMB8 million (Cdn$1.4 million) and
had branches in Beijing and Guangzhou. The company was owned by the three
founding partners: Ye Pei, Li Min and Gan Joni. Ye had an engineering
background with eight years of sales and sales management experience. He had
been the sales manager for King-Watt, a U.S. - based, leading international
company in the power industry. Gan had a master’s degree in management and, in
1995,joined the China office of Milkway an international training firms’ a
trainer. She quickly became one of the top trainers in the company focused on sales
training. While Gan and Ye were brewing the idea of setting up a training firm the
timely involvement of Liwho was a friend of Ye and was an excellent sales rep at a
leading information technology (IT) company cemented the team. Li’s father was
an influential official in the emerging biotech industry in the region which meant
that Li brought with h him an existing client base. The R&D division headed by
Gangways nick-named the “brain division” of the company. Relatively new and
small the department was charged with the responsibility of developing new, “hot”
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topics for corporate training. All the sales representatives were recruited trained
and managed by Ye himself. Yes’s criteria for selecting a sales representative were
pretty simple: candidates needed a Bachelor of Arts degree, an outgoing
personality and motivation. The training market was segmented, by and large, into
two parts: public training and corporate training. Public training referred to the
training seminars and workshops run for the general public. For a company like
Alchemy, the difficult part of running a corporate training program for a company
was the relatively quick shifting of hot topics and the shorter life cycle of topics: a
client seldom did the same topic of training twice. That forced many local
consulting firms with limited offerings of topics to keep looking for new clients.
He thought it would be more cost-effective to buy a mailing list from China
Federation of Logistics and Supply Chain Management and sell the program
online. Finally, they all agreed to price the new programs in the middle and kept
online sales of the programs as a backup option.

Table of content
Contents
Background 4
Dates and Data 8
Needs Assessment 13
Main issue 14
Internal/ External Need Assessment 15
Existing Arrangement 19
Training and Development Plan 23
Realization 28

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Background

Alchemy was a Shanghai-based training firm founded in 1997. In 2003, the


company had a staff of 18 with revenue of RMB8 million (Cdn$1.4 million) and
had branches in Beijing and Guangzhou. The company was owned by the three
founding partners: Ye Pei, Li Min and Gan Junyi. Ye had an engineering
background with eight years of sales and sales management experience. He had
been the sales manager for King-Watt, a U.S. - based, leading international
company in the power industry. Gan had a master’s degree in management and, in
1995,joined the China office of Milkway an international training firms’ a
trainer. She quickly became one of the top trainers in the company focused on sales
training. While Gan and Ye were brewing the idea of setting up a training firm the
timely involvement of Li who was a friend of Ye and was an excellent sales rep at
a leading information technology (IT) company cemented the team. Li’s father was
an influential official in the emerging biotech industry in the region which meant
that Li brought with h him an existing client base. Alchemy started in sales
management training the hottest topic in the Chinese market for corporate training
at that time. As one of the first local Chinese companies to move into this market

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Alchemy was competing primarily with powerful international firms. But unlike
those big name firms Alchemy was more willing to provide tailor-made sales
management training programs customized for customers in both depth and
breadth; the programs were customized to suit the particular needs of different
industries products and the size and business nature of the company.

As the business grew Alchemy contracted with two external trainers both
successful sales practitioners. These external trainers were brought in to run
courses when demand was high but they were not permanent employees. There
were three divisions in the company: research and development (R&D) sales and
operations.

The R&D division headed by Ganwas nick-named the “brain division” of the
company. Relatively new and small, the department was charged with the
responsibility of developing new, “hot” topics for corporate training. Their
responsibilities included market surveys, customer satisfaction surveys, feedback
and evaluation, lecturer development, and relationship development and research
on skills sets and knowledge areas for practitioners.

The sales division, nick-named the “muscle division,” was the largest with six
fulltime sales representatives, four in Shanghai and two in Beijing. There was no
sales manager at Alchemy; all sales representatives reported directly to Ye, the
managing director. Li, the vice-president of operations, was charged with three
aliens of responsibilities: customer service, financial/accounting and information
technology/automation. All the sales representatives were recruited trained and
managed by Ye himself. Yes’ criteria for selecting a sales representative were
pretty simple: candidates needed a Bachelor of Arts degree, an outgoing
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personality and motivation. The sales reps were paid a straight salary plus bonus.
While the entry level salary was more or less the same from person to person, the
year-end bonus varied a lot. In the best cases, the bonus could be twice the annual
salary, and in worst cases, only half the salary. The bonus was calculated on the
basis of the revenue generated from accounts, rather than on the number of
accounts opened. Back in the early 1990s, corporate training was still a novelty in
China. Most local Chinese companies did not have professional training programs
provided to their staff. The only customers were foreign companies and the
Chinese sales and marketing arms of multinational companies. Professional
training programs were mostly provided by the local Chinese offices of
international training firms. There were no more than 30 professional training
service providers in Shanghai at that time. The training market was segmented, by
and large, into two parts: public training and corporate training. Public training
referred to the training seminars and workshops run for the general public. The
training providers advertised their training topic through the media: newspapers,
magazines, Web sites, e-mail, broadcasting, etc. in order to entice the candidates
with similar interests in a certain topic area to attend seminars or workshops. The
training market was segmented, by and large, into two parts: public training and
corporate training. Public training referred to the training seminars and workshops
run for the general public. The training providers advertised their training topic
through the media: newspapers, magazines, Web sites, e-mail, broadcasting, etc. in
order to entice the candidates with similar interests in a certain topic area to attend
seminars. For a company like Alchemy, the difficult part of running a corporate
training program for a company was the relatively quick shifting of hot topics and
the shorter life cycle of topics: a client seldom did the same topic of training twice.

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That forced many local consulting firms with limited offerings of topics to keep
looking for new clients. In the past two years, the market price for a corporate
training program had been plummeting due to competition while the salaries of
good trainers kept growing.​ ​In the early and mid-1990s, the competitors were large
multinational training firms the trainers working for these firms in China were
mostly from Hong Kong, Taiwan and Singapore, and the most popular topics
included sales management, communication and human resources training.
Trainers came into China for the course, and then returned to their country. By
2001, the need for new topics grew, and this diversification posed challenges to the
local training providers due to the nature and structure of the organizations. Under
these circumstances, many local training firms had to resort to contacting external
resources, namely practitioners and/or academics, for a growing supply of good
trainers. Good trainer easily takes 50 per cent of the revenue for a corporate
training program sold by a training firm. They are as scarce as pandas.” According
to Ye, a good trainer was usually the No. 1 critical element that ensured the success
of the training program. In 2002, when China joined the World Trade Organization
and strong foreign direct investment in China for manufacturing and production
followed, China became a global workshop. Multinational companies were under
greater pressure and incentive to increase the effectiveness of their supply chain
management activities (purchasing, quality, production and logistics, etc.) in
China. In September 2003, Alchemy started selling these programs. Sales reps
were internally trained on the new product by the instructor, Chen, and were
promised an additional 20 per cent premium over the normal bonus base for
revenue generated by the new supply chain programs. Ye estimated that the 2003
price for a generic training program plummeted to roughly one-quarter of what it

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was in 1997. In most cases, these contract trainers had a stable income from an
educational institute or a company. They made training an additional revenue
stream in their spare time by contracting with training firms.

Dates and Data


1. September 25, 2003, was a busy day for Andy Wong. Because at that day
there will be some visitors who are the top sales representative of Alchemy.

2. The meeting was held at 6 p.m. where Wong still preparing for tomorrows
weekly meeting where he has to say something.

3. Alchemy was a Shanghai-based training firm founded in 1997.

4. In 2003, the company had a staff of 18 with revenue of RMB8 million


(Cdn$1.4 million) and had branches in Beijing and Guangzhou.

5. The company was owned by the three founding partners: Ye Pei, Li Min and
Gan Junyi.

6. Ye had an engineering background with eight years of sales and sales


management experience.

7. Ye had been the sales manager for King-Watt, a U.S. based, and leading
international company in the power industry.

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8. Gan had a master’s degree in management and, in 1995,joined the China


office of Milkway, an international training firm, as a trainer.

9. Ye, Li and Gan each owned one-third of the new company.

10. Alchemy is one of the first local Chinese companies to move into this
market.

11. Alchemy was competing primarily with powerful international firms.

12. Li brought with him an existing client base.

13. Li’s father was an influential official in the emerging biotech industry in the
region.

14. Alchemy contracted with two external trainers, both successful sales
practitioners when they grew up.

15. These external trainers were not permanent employees.

16. In organization there were three divisions in the company: research and
development, sales and operations.

17. The R&D division headed by Gan. They named it “Brain Division”.

18. The sales division, nick-named the “Muscle Division,”

19. It was the largest with six fulltime sales representatives, four in Shanghai
and two in Beijing.

20. Li was the vice-president of operations.

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21. Li was charged with three aliens of responsibilities which are customer
service, financial/accounting and information technology/automation.

22. All the sales representatives were recruited, trained and managed by Ye
himself.

23. In the best cases, the bonus could be twice the annual salary, and in worst
cases, only half the salary.

24. Sales reps were deployed by geographic area.

25. There are four representative in the Shanghai office, three were in charge of
the greater Shanghai area, and one had responsibility for the neighboring
provinces of Jiangsu and Zhejiang.

26. Ye himself still handled some “Key Account” clients.

27. There were two ways to generate sales leads at Alchemy: networking and
cold calls.

28. In 10 to 15 seconds in order to secure a face-to-face meeting a sales


representative must impress the receiver.

29. It was essential to maintain a relationship through phone conversations or


meetings.

30. The human resource staff was often flooded with various kinds of training
information coming from different sources.

31. Corporate training was still a novelty in China back in the early 1990s.

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32. The only customers were foreign companies and the Chinese sales and
marketing arms of multinational companies.

33. There were no more than 30 professional training service providers in


Shanghai at that time.

34. The training market was segmented, by and large, into two parts: public
training and corporate training.

35. Public training referred to the training seminars and workshops run for the
general public.

36. The training providers advertised their training topic through the media:
newspapers, magazines, web sites, e-mail, broadcasting, etc.

37. The training firm would normally rent the meeting space, either in the
function rooms of a hotel or in a conference room of an organization.

38. Corporate training referred to the training programs provided exclusively to


the internal employees of a certain organization.

39. The trainers delivered the training program at the corporate site so the
trainees would enjoy the maximum flexibility.

40. The market for corporate training had been growing rapidly, not only the
large companies spent more on training, but smaller companies began to
spend here as well.

41. The budget for training for most Chinese companies kept increasing in the
period from 1998 to 2003.

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42. There was a one tendency for large companies was to establish their own
training arm.

43. Such as Motorola, which opened its Motorola University in China to train its
own staff.

44. In the early and mid-1990s, the competitors were large multinational training
firms.

45. Ye estimated that the 2003 price for a generic training program plummeted
to roughly one-quarter of what it was in 1997.

46. A trainer was usually paid in the range of RMB 3000 to RMB 20000
depending on their reputation and the currency and attractiveness of the
topic.

47. In 2002, when China joined the World Trade Organization

48. Sales reps were internally trained on the new product by the instructor. Chen
were promised an additional 20 per cent premium over the normal bonus
base for revenue.

49. Andy Wong was a psychology graduate from a university in Beijing.

50. In 2002, Andy Wong received the largest bonus of all the sales reps.

Needs Assessment

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1. Alchemy external trainers were brought in to run courses when demand was
high, they were not permanent employees.

2. A corporate training program forced many local consulting firms with


limited offerings of topics to keep looking for new clients. “The salvage
value of an existing client is very low,” owner said.

3. The market price for a corporate training program had been plummeting due
to competition while the salaries of good trainers kept growing. “With these
two tendencies, a lot of companies, particularly those without their own
trainers, are almost stripped to the bone,” Ye complained.

4. Alchemy won’t be happy with just being a specialized sales training


provider. The want to diversify, and supply chain management will be our
next big training product.

5. Most of the trainer were outsourced by Alchemy and the trainers were just
making additional revenue out of this. Which means they were not much
committed to this particular job. Yen was resentful of this practice but yet he
had no choice.

6. Wong was struggling with best to convince Guan to accept the two existing
seminars.

7. The sales entry level salary was more or less the same from person to
person, the year-end bonus varied a lot. In the best cases, the bonus could be
twice the annual salary, and in worst cases, only half the salary.

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Main issue
In the emerging market of Training firm, where trainers were hired from different
countries and costed higher than the locals, how can Ye, Li and Gan keep up their
revenue while maintaining their premium identification?

Internal/ External Need Assessment

1. The market price for a corporate training program had been plummeting due
to competition while the salaries of good trainers kept growing. “With these
two tendencies, a lot of companies, particularly those without their own
trainers, are almost stripped to the bone,” Ye complained.

• Does a performance discrepancy exists?

Yes

• Is it important to the organization?

Yes, because without good trainer company will suffer and lose quality.

• Is it correctable through employee development?

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Yes, they can train their own employees or recruit people and train them.

• Is employed the most cost effective solution that can be applied?

No it is not cost effective but it is for the good company.

2. The sales representative entry level salary was more or less the same from
person to person, the year-end bonus varied a lot. In the best cases, the bonus
could be twice the annual salary, and in worst cases, only half the salary.

• Does a performance discrepancy exists?

Yes

• Is it important to the organization?

Yes, they might quit their job as it will demotivate them.

• Is it correctable through employee development?

The bonus has to be equal.

• Is employed the most cost effective solution that can be applied?

No it is not cost effective but it will motivate employee to work hard.

3. Most of the trainer were outsourced by Alchemy and the trainers were just
making additional revenue out of this. Which means they were not much
committed to this particular job. Yen was resentful of this practice but yet he
had no choice.

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• Does a performance discrepancy exists?

Yes

• Is it important to the organization?

Yes, their reputation is at stake.

• Is it correctable through employee development?

Yes, they can train their own employees or recruit people and train them.

• Is employed the most cost effective solution that can be applied?

No, but it will benefit the company.

4. Alchemy won’t be happy with just being a specialized sales training


provider. The want to diversify, and supply chain management will be our
next big training product.

• Does a performance discrepancy exists?

Yes

• Is it important to the organization?

Yes, they wanted to go and diversify for company’s benefit.

• Is it correctable through employee development?

Yes, they can give others trains too.

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• Is employed the most cost effective solution that can be applied.

No, it’s very costly.

5. Alchemy external trainers were brought in to run courses when demand was
high, they were not permanent employees.

• Does a performance discrepancy exists?

Yes

• Is it important to the organization?

Yes, because not enough workers were that time when the demand was high.

• Is it correctable through employee development?

Yes, higher more employee.

• Is employed the most cost effective solution that can be applied?

If the fulfill the demand they will earn more.

6. A corporate training program forced many local consulting firms with


limited offerings of topics to keep looking for new clients. “The salvage
value of an existing client is very low,” owner said.

• Does a performance discrepancy exists?

Yes
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• Is it important to the organization?

Client is important for a company, also they should focus on local consulted
firm.

• Is it correctable through employee development?

Yes, employees can convince and being more deals.

• Is employed the most cost effective solution that can be applied?

Yes, firstly they can train the employees then increase their client then that
will be cost effective.

Existing Arrangement
1. Back in the early 1990s, corporate training was still a novelty in China. Most
local Chinese companies did not have professional training programs
provided to their staff. The only customers were foreign companies and the
Chinese sales and marketing arms of multinational companies. Professional
training programs were mostly provided by the local Chinese offices of
international training firms.

Pros: Professional training is provided with some local Chinese offices. In


the training program training provided international training firms. So
Chinese companies get training international training opportunities.

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Cons: This system ignored the local training program. But a local training
program is day by day dominate china.

2. There were two ways to generate sales leads at Alchemy: networking and
cold calls. By networking, a sales rep would normally get, through their
connections and referrals, a contact name in human resources (HR) or
training department of a target client. Then the rep would call to make an
appointment for a face-to-face discussion if the client had a need or plan for
a training program. In a cold call, a sales rep would pick up the phone and
ask the switchboard to transfer him to the HR or training department. A sales
rep must impress the receiver, no matter who they were, in probably 10 to 15
seconds in order to secure a face-to-face meeting.

Pros: It is the exchange of information and ideas among people with a


common profession or special interest. So face to face discussion client had
a good plan for the proper training program. Cold calls are an attempt to
convince potential customers to purchase either the salesperson's product or
service. This is a customer service provider system.

Cons: training program is costly. So it is prohibited. Many times hr does not


receive a call. So it is a bad impact on hr. they need face to face meetings.

3. The training market was segmented, by and large, into two parts: public
training and corporate training. The training providers advertised their
training topic through the media: newspapers, magazines, Web sites, e-mail,
broadcasting, etc. For a public training program, the reputation of the trainer,
the cost and the coverage of the marketing campaign were important to get

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people to “pack the room.” The strength of the public training seminars lay
in the possibility of attracting more attendees. Corporate training referred to
the training programs provided exclusively to the internal employees of a
certain organization. The trainers delivered the training program at the
corporate site so the trainees would enjoy the maximum flexibility
Pros: public training program it is the reputation of the trainer this training
process is a cost reduction process. The training quality is good. Many
people trained with one person it is attracting more attendance. Corporate
training is a process when its employee organization provides internal
training. Organization secret remains in this process.
Cons: public trainer is advertising cost is high. One trainer trained many
employees so most of the employees don’t well trained. A corporate trainer
is a costly process.

4. There were three divisions in the company: research and development (R&D
sales and operations. Their responsibilities included market surveys,
customer satisfaction surveys, feedback and evaluation, lecturer
development, and relationship development and research on skills sets and
knowledge areas for practitioners.

The sales division, nick-named the “muscle division,” was the largest with
six full​time sales representatives, four in Shanghai and two in Beijing. There
was no sales manager at Alchemy; all sales representatives reported directly
to Ye, the managing director.

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The vice-president of operations, was charged with three alines of


responsibilities: customer service, financial/accounting and information
technology/automation.

Pros: R&D is a research and technological department. Higher sales and


profits as a result of brand switching and increased customer satisfaction
levels. Allows entry into new markets or market segments. Sales
representatives’ services in some places. This provides three types of
responsibilities customer service, financial and information technology.

Cons: R&D is expensive and there is no guaranteed success. Failure rates


are very high; few ideas make it to commercialization. Sales representatives
all places don’t have service. Operations are specific responsibilities.

5. In the early and mid-1990s, the competitors were large multinational training
firms. The trainers working for these firms in China were mostly from Hong
Kong, Taiwan and Singapore, and the most popular topics included sales
management, communication and human resources training. Trainers came
into China for the course, then returned to their country. During the mid to
late 19905s, many small local Chinese training firms emerged. Unlike the
multinational training firms, the local companies were usually set up by one
or two founding partners who had some expertise in certain functional areas.

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Pros: in 1990 the local training program is not good. So trainer working for
Hong Kong, Taiwan and Singapore. Trainer gathering knowledge from sales
management, communication and human resources training. Trainer moves
to another country so that they gather knowledge from different cultural
activities.

Cons: they dominating their country training program. So day by day their
training program-dependent other countries. As a result before 1990 china
doesn’t a good training program.

6. For a corporate training program, there were two ways of pricing: a flat rate
and a variable rate. A flat rate meant that the same fee was charged,
regardless of the number of participants. With a variable rate, the fee for
training increased for each incremental trainee. Ye estimated that the 2003
price for a generic training program plummeted to roughly one-quarter of
what it was in 1997.A trainer was usually paid in the range of RMB3,000 to
RMB20,000 depending on their reputation and the currency and
attractiveness of the topic.

Pros: flat rate good for this is the attendance number of employee
participants. Variable training is very effective training it is encouraging all
of the employees. Variable-rate good reputation gather.

Cons: The employee charged fee is low so this appointment is so tough. The
variable rate cost is very high.

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Training and Development Plan

1. Business Communication Training​: Alchemy training firm sends their


employee for selling their training to the buyers. So it is important for every
sales representative to have proper communication skill to present them and
sell the training program. Effective communication is the foundation of
positive working relationships. Successful communication requires thinking
about message, delivery, timing, and audience. Good communication is
interactive—it involves both speaking and listening.

Communication training will have some segments such as how to –

● Handle workplace Relationship Strategies – Dealing with Different


Types of People

● Dealing With Difficult or Angry Customers

● Serving Different Types of Customers

● Delivering Powerful Presentations

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2. Cultural Training: ​In 2002, when China joined the World Trade
Organization and strong foreign direct investment in China for
manufacturing and production followed, China became a global workshop.
Multinational companies were under greater pressure and incentive to
increase the effectiveness of their supply chain management activities
(purchasing, quality, production and logistics, etc.) in China. This is why
there might be a chance when Alchemy Training firm might be in
multinational business. So that’s why they need to train their sales
representatives about different cultures so that when they are transferred to
another country they can easily adapt their business culture.

The cultural training will be covering segments such as,

● Environment: Consider weather, facility, power and elements that can occur
unexpectedly.

● Time and Calendar: Time zones, daylight saving time, and local holidays
can confuse even seasoned global facilitators. TimeAndDate.com is a
helpful resource.

● Different corporate culture

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Cross-cultural training cannot be learned reading an article or book or doing it


once. Increasing the sensitivity to the topic is a great start. Learning new things
with every training event or rollout will continue to enhance understanding. When
it comes to training other cultures, it is a continuous learning and experience
journey. The more you learn, the more you find you have yet to learn.

3. Negotiation​: Alchemy’s sales representatives have to go to the buyers’


office and set a price for their program. Because different program needs
different types of pricing and the buyers demand different type of pricing
scale. So proper negotiation skill is must for the employees of the Alchemy
training firm.

The employees are out there negotiating for the organization on a daily basis. We
understand that you need your employees to be equipped with the best negotiation
and persuasion skills to, not only increase profits and lower expenses, but to build
life-long relationships with your clients and customers.

The negotiation and persuasion training program will be specifically designed for
any business professional that is responsible for successfully negotiating outcomes
for their organization. The goal of this program is to provide participants with the
skills and tools to maximize their negotiated outcomes and build life-long
relationships where both counterparts feel their needs and goals have been met.

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4. IT Training: ​ in 1990’s the use of internet and in 2000’s different types of


software use was emerged. The Alchemy can train their employees in
technology so that they can be up to date. The training will include:

● Trainers need to know the software or system themselves

● Make training a priority to improve buy-in

● Set clear and realistic deadlines and rollout methods

● Use training incentives for employees to use new software

● Pick the right format for training

5. Products and services training: ​Product trainings can either be a part of


onboarding for newcomers or can be available for any employees who need
refreshers on the products and services the organization offers. This type of
training can also be used to educate staff on newly introduced products,
services or features so they are always up to date. Alchemy’s founder Gan
said, unless we respond to this change, we won’t be able to survive. Our
vision is simple: we not only can teach you how to sell, but how to buy, how
to manage your supply chain. Alchemy won’t be happy with just being a
specialized sales training provider. We need to diversify, and supply chain
management will be our next big training product. So they diversified their
business and their sales representatives should know about the program
thoroughly. Product Training focuses on the nuts and bolts, on educating
your sales force on the features and benefits of what you sell. Most product

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training is delivered in a classroom environment where the facilitator is


doing most of the talking and answering questions along the way.
Product knowledge training is the most important tool for closing sales.
Today's consumers are socially networked and prefer to have gathered all the
required information on the product that is to be purchased before they even
speak with your sales team.

6. Succession Planning: ​In the early and mid-1990s, the competitors were
large multinational training firms the trainers working for these firms in
China were mostly from Hong Kong, Taiwan and Singapore, and the most
popular topics included sales management, communication and human
resources training. Trainers came into China for the course, and then
returned to their country. By 2001, the need for new topics grew, and this
diversification posed challenges to the local training providers due to the
nature and structure of the organizations. Under these circumstances, many
local training firms had to resort to contacting external resources, namely
practitioners and/or academics, for a growing supply of good trainers. In
most cases, these contract trainers had a stable income from an educational
institute or a company. They made training an additional revenue stream in
their spare time by contracting with training firms. Ye were resentful of this
practice, but he could see no options. Alchemy needed external contracted
trainers in order to grow.

So succession planning is necessary. So that after getting training, they can be the
future trainer of the Alchemy. The firm can -
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● Create An Inventory Of Existing Skill Sets.

● Ask People About Where They Would Like To Be.

● Evaluate Each Person's Future Potential.

● Inform Employees Of Their Succession Potential.

Groom According To Skill Sets, Desired Trajectory, And Potential

Realization
Realization 1

Most importantly, a sales representative must impress the receiver, no matter who
they were, in probably 10 to 15 seconds in order to secure a face-to-face meeting.
Alchemy training firm sends their employee for selling their training to the buyers.
So it is important for every sales representative to have proper communication skill
to present them and sell the training program. Effective communication is the
foundation of positive working relationships. Successful communication requires
thinking about message, delivery, timing, and audience.

Firstly the employee development needs are prioritized to develop their


communication skills. For this reason we can give a training on how to handle
workplace relationship strategies. Because there are different types of customers
they are going to deal with. Some of them might be become angry. In that situation
the employee should know how to handle these type of customers. Also as we are
Training and Development Company we have to serving different types of
customers. So, the employees should have the ability to understand who needs
what. Moreover, we know that convincing a customer is how much tough so we
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can train the employee by teaching how to deliver a powerful presentation to


convince the customers.

Secondly, resources are allocated in priority based order until they are exhausted.
As we know the Alchemy training firm is private organization they do not have
that much resources. So, they should make a list of an employee who need the
training first. They can give these training the employees who are not that much
good or who have least employee. So, it will help the company to understand
whether their training is useful or not. Also if they do not get the exact feedback
they want they can change their strategy.

Thirdly, the surviving programs have to be well integrated into proper working
plan. Basically it is up to the employees. If they do have good understanding and
catching power they can easily relate their work with the training and development
they got from the company.

Realization 2

When China joined the World Trade Organization and strong foreign direct
investment in China for manufacturing and production followed. Multinational
companies were under greater pressure and incentive to increase the effectiveness
of their supply chain management activities (purchasing, quality, production and
logistics, etc.) in China. This is why there might be a chance when Alchemy
Training firm might be in multinational business. So that’s why they need to train
their sales representatives about different cultures so that when they are transferred
to another country they can easily adapt their business culture.

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Firstly the employee development needs are prioritized to develop how to accept
and give total respects to the people of other cultures. Because it is very important
to every employee to keep a warm relationship and it is more important for the
company also. So, if the Alchemy training firm thinking of expanding they have to
send someone or some people to overlook the work of the company of that
country. That’s why the company employees needs to learn the culture of that
country. For this reason they can hire someone of that particular country to teach
the employee how to do what and what to do.

Secondly, resources are allocated in priority order until they are exhausted. As the
Alchemy training firm has not unlimited resources and they are not going to send
every employee of the organization to that country, one thing they should do is
making the list of the people who are going there and train them for the culture of
that country.

Thirdly, the surviving programs have to be well integrated into proper working
plan. It can only done by the people who has more adopting power than the other
in every area. Because by a training an employee cannot learn a culture properly.
So, he/she should have the adopting power to learn the new things.

Realization 3

Alchemy’s sales representatives have to go to the buyers’ office and set a price for
their program. Because different program needs different types of pricing and the
buyers demand different type of pricing scale. So proper negotiation skill is must
for the employees of the Alchemy training firm.

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Firstly employee development needs are prioritized based on their negotiation


skills. Because all employees are not similarly good enough in negotiation. So, the
training which are given by the company may some employee need more than the
others. So, here the employees can improve their skills by learning from their past
mistakes. The company also can arrange some training on hard bargaining skills,
conflict of interest, how to leverage the emotions, how to build relationship
through negotiation etc.

Secondly, resources are allocated in priority order until they are exhausted. In a
company all the employees are not involve in negotiation. Mainly the HR of the
company or the higher authority do this. So, the company can make training based
on these people who are going to negotiate with other parties.

Thirdly, the surviving programs have to be well integrated into proper working
plan. It is totally based on the skill of that people who is going to negotiate with
other parties. Because during the negotiation there will be many kind of situation
which can arise. So it is impossible to teach that through training.

Realization 4

In 1990’s the use of internet and in 2000’s different types of software use was
emerged. The Alchemy can train their employees in technology so that they can be
up to date. It is very important to know these things for any employee.

Firstly employee development needs are prioritized based on the people who has
more IT related work. So, the company should make a plan who need to learn

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what. If the work of the employee is based on internet the company should give
him training on using computer and internet instead of communication or
negotiation training. As it is not available everywhere so it is the duty of the
company to teach these things the employees.

Secondly, resources are allocated in priority order until they are exhausted. As the
resources are limited the company should give the training to the employees who
are related with IT works. Not the employees of negotiation.

Thirdly, the surviving programs have to be well integrated into proper working
plan. IT related works are new to any employee. So, the company can get some
review from the employees who joined the training. Also, it is the responsibility of
the employees who get the training to remember the IT related works. Also they
should keep practicing what they learn from the training. By doing these things can
well integrate into the proper work plan.

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