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CASE STUDY OF ELEKTRA PRODUCTS INC.

ELEKTRA PRODUCTS INC.

I. BACKGROUND

Elektra Products, Inc. is a manufacturing and retailing company of electrical products


and supplies. Barbara Russel,the manufacturing vice president for the past 80 years,
has well-knowledge in producing and selling electronic products to the market. Although
it has managed to survive even for the past 80 years, the company started to decline its
performance and the employees started to have problems with one another that led to
the company’s market share lessening. Therefore, the firm needs to acquire their
renown and spot in the market.

II. PROBLEM

Lack of communication and new product ideas between the manufacturing and sales
departments,morale was at an all time low and employees were actively seeking other
jobs.

III. OBJECTIVE

Ameliorate communication between employees and management. Discover the factors


why workers are seeking other jobs and find ways on improving market strategies.
IV. ANALYSIS OF RELEVANT FACTS

Strengths Weaknesses

INTERNAL 1. Most of employees still 1. Lack of communication of


FACTORS give credence to the firm employees that leads to
that it will arise again misconception
2. Well established and 2. Lack of employees
highly regarded in the empowerment and
electronics market for the motivation
past 80 years 3. Employees cannot speak
out their own ideas due to
EXTERNAL
lack of morale
FACTORS

Opportunities ACA 1 (S1,O1) ACA 2 (S2,O2)


1. Employees dedication to their ★ Make use for the
work ★ Neutralize employees opportunities that company
2. Employees delegation dedication to their work has to offer and must
together with the conquer weaknesses that
3. Good communication to
company’s broad affect the company
make great ideas that will foundation to the industry
result to high performance
and achieving goals

Threats ACA 3 (S2,T1) ACA 4 ( W2,T2)


1. Increasing of foreign and
domestic competition ★ Creating new high quality ★ Execute programs and
2. Departments doesn’t work as innovative products that trainings for employees to
will attract customers build their self ,skills and
a team
employee experience that
3. Employees leaving the can be beneficial to the
company for other company
opportunity
V. SWOT ANALYSIS MATRIX

Strengths Weaknesses

INTERNAL 3. Most of employees still 4. Lack of communication of


FACTORS give credence to the firm employees that leads to
that it will arise again misconception
4. Well established and 5. Lack of employees
highly regarded in the empowerment and
electronics market for the motivation
past 80 years 6. Employees cannot speak
out their own ideas due to
EXTERNAL
lack of morale
FACTORS

Opportunities ACA 1 (S1,O1) ACA 2 (S2,O2)


4. Employees dedication to their ★ Make use for the
work ★ Neutralize employees opportunities that company
5. Employees delegation dedication to their work has to offer and must
together with the conquer weaknesses that
6. Good communication to
company’s broad affect the company
make great ideas that will foundation to the industry
result to high performance
and achieving goals

Threats ACA 3 (S2,T1) ACA 4 ( W2,T2)


4. Increasing of foreign and
domestic competition ★ Creating new high quality ★ Execute programs and
5. Departments doesn’t work as innovative products that trainings for employees to
will attract customers build their self ,skills and
a team
employee experience that
6. Employees leaving the can be beneficial to the
company for other company
opportunity
VI. COST AND BENEFITS

COST BENEFITS

ACA 1

Neutralize employees dedication to their Cost of time the employees Benefits of having
work together with the company’s broad must accord to their work employees trust and loyalty
foundation to the industry in the company for the company

ACA 2

Make use for the opportunities that Cost of procedures need to Company’s advantage to
company has to offer and must conquer have newly and well arise again
weaknesses that affect the company planned strategies

ACA 3
Cost of materials to be Advantage of having high
Creating new high quality innovative used for new products quality new products
products that will attract customers

ACA 4

Execute programs and trainings for Cost of programs/trainings


employees to build their self ,skills and that the firm need to Benefits for positive results
employee experience that can be execute for the employees
beneficial to the company

VII. Decision and Recommendation

Being a good manager is not attained through leading and ordering other people but rather by
creating a system of conditions beneficial for the company due to people working well together
in achieving company goals. Developing relationships with one another is of key importance. No
man can win alone. Likewise, no organization can exist without the unity of its members.
Managers must develop personal relationships with the people they work with. Establishing
good relationships motivates people to work hard in achieving organization goals. Success can
be found in people working together. Also, it is very important for managers to gather
information from different views and to know when to accept and how to plan and to implement
change. Using various skills, a manager must be innovative enough to improve work
performance among its members. As Clayton G. Orcutt, “Change itself is not progress, but
change is the price you have to pay for progress.” Empowerment not only aims to motivate
employees but also allow them to further their conceptual way of thinking for innovation and be
responsible and capable members of Elektra Products, Inc.
A CASE STUDY OF SIA CORPORATION

SIA CORPORATION

I. Background of the Study

SIA Corporation is an umbrella organization that offers a wide range of insurance


products to commercial consumers and multinational corporations throughout the world.
It has 30 separate business units that has strong top-down administration.

II. PROBLEM

Employees are having trouble using the advanced technology system in executing their

jobs that results in their lack of engagement.

III. Objectives

Discover the different techniques to utilize the employee's attainment to their task

that will make them convenient and meet their skills in advanced technology.

IV. Analysis of the Relevant Facts

STRENGTH WEAKNESSES
INTERNAL
FACTORS 1. It is an umbrella 1. Lack of employee’s
organization that engagement to the easy -to-
provide insurance use system
EXTERNAL services to wide 2. Difficulty in adapting a far-
FACTORS selection of customers reaching change in style of
2. It has 30 separate management.
business units having
strong top-down
administration
OPPORTUNITIES ACA1 ACA2
1. The administration must 1. Administration must
1. Having a new allow employees to encourage the employees
easy-to-use understand the political, who have lack of knowledge
software to economic, social and of advance technologies
promote wider technological methods of
communication the company
and knowledge
sharing of the
employees by
simply posting
queries
2. Alteration from
upper level
management to
collaborative
chamber.

THREATS ACA3 ACA4


Top management 1. Each office must have to be
1. Foreign and must lessen the trained in order for them to
domestic administrative relate with their employees.
competition. standards of the
2. Practice changing, company
rules and
regulations, and
ethics of the
company.

V. SWOT MATRIX

STRENGTH WEAKNESSES
INTERNAL
FACTORS 1. It is an umbrella 1. Lack of employee’s
organization that engagement to the
provide insurance easy -to-use system
services to wide
selection of 2. Difficulty in adapting a
customers far-reaching change in
EXTERNAL 2. It has 30 separate style of management.
FACTOR business units
having strong top-
down
administration

OPPORTUNITIES SO STRATEGIES WO STRATEGIES


1. Having a new easy-to-use
software to promote wider ACA1 ACA3
communication and 1. The administration 3. Top management must
knowledge sharing of the must allow lessen the
employees by simply employees to administrative
posting queries understand the standards of the
political, economic, company
social and
2. Alteration from upper level technological
management to methods of the
collaborative chamber. company

ACA4
ACA2 4. Each office must have
2. Administration must to be trained in order
encourage the for them to relate with
employees who their employees.
have lack of
knowledge of
advance
technologies

THREATS ST STRATEGIES WT STRATEGIES


1. Foreign and domestic ACA3 ACA1
competition. 5. Top management must 6. The administration must
2. Practice changing, rules lessen the administrative allow employees to
and regulations, and ethics standards of the understand the political,
of the company. company economic, social and
technological methods of the
company

ACA2
ACA4 8. Administration must
7. Each office must have encourage the employees
to be trained in order for who have lack of knowledge
them to relate with their of advance technologies
employees.
VI. COST AND BENEFITS

ACA1

The administration must COST BENEFITS


allow employees to
understand the political, ● Due to preference of ● Empowering the
economic, social and old culture, many organization endless
technological methods of the would not stick to improvement
company comprehend new ● Self-containment
political, economic, where everyone is
social and involved in
technological
recognizing , and
methods of the
solving problems.
company

ACA2

Administration must COST BENEFITS


encourage the employees
who have lack of knowledge ● In order to meet ● Enhance employee’s
of advance technologies company advanced technology
development, skills,establishing
organization must relationships with
need advance colleagues and
technology training meeting customer
demand.

ACA3

Top management must lessen COST BENEFITS


the administrative standards of ● There will be ● Having the value of
the company immense impact in lessening
continuing old administrative
process standards, can also
contribute rapport
between employees
and leaders
ACA4
Each office must have to be COST BENEFITS
trained in order for them to ● Lack of knowledge in ● Learning new
relate with their employees. advanced operating knowledge to improve
procedures their skills

VII. Decision and Recommendation

The highly disputative state of the insurance industry requires SIA to change its business

belief that encourages the development of individual levels of expertise because, in the industry,

teamwork is important in enhancing creativity. Also, SIA needs to change its philosophy so that

it can embrace teamwork because teamwork increases opportunities for development and

acquisition of new skills, increases the rate at which a team achieves its objectives and provides

a platform for trying out new ideas.

The accessible forces that influence SIA’s decision to be a learning institution are the nature of

the learning industry, associated costs and benefits, and the risks involved. Its entry into the

learning industry becomes impossible if there are several legal or commercial barriers that can

hinder its entry. The costs have to be affordable and the benefits favorable for it to operate

smoothly. Besides, the risks of its conversion to a learning institution need to be minimal with

some reliable degree of certainty for the industry to be desirable.

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