Are we there yet?

I can not believe I am writing this blog; yes the end of the semester is here. I saw this date so far but now here I am writing my thoughts about this blog.
Well I have to be very sincere because I think that is the main point of the last blog. I found this blog very interesting but some times kind of annoying.
It was interesting because it helps you to interact with people in a different way. We posted ideas, thoughts, opinions, and points of view that amazingly have certain meanings and influence other people ideas. For example, when replying to the blogs, I found myself very surprised with the way people think; I really thought that many students put a lot of effort in trying to communicate their ideas. I read many different blogs that made me think that I was not doing the right job, but well maybe to other people is easier to communicate their thoughts but it was a challenge, and what a challenge!! I tried my best so I wasn’t left behind. I hope I accomplished my goal….
Regarding the topics I think they were just right. It was exciting because they followed most of the material that we were actually learning in class, and also helped us with the industry project and even helped us to analyze our simulation project.
The only thing that I did not like was the due dates, they were annoying. They seemed to me too fast, I don’t know if this has to do with my language barrier but it was difficult to post my ideas and comments on a timely manner. I wish I had extra time to do an efficient and substantial work. I felt that some of the topics that I posted were not explained in detail but when I went to edit them sometimes it was too late and we had to post the next one.
I do not see myself posting extra material about school, work, career, life on this blog after this class ends. I am just not a writing person. I wish I had the capacity to communicate with people through this blog but sometimes it seems to me that personal communication is better. Of course if the distance is the barrier there is no other way but use this type of means but if not I love to talk to people in person, face to face.

Strategic Virus!!

I think that two issues that show symptoms of strategic problems are high employee absenteeism or turnover and also deterioration of company image. I chose these two symptoms because they clearly show the lack of strategic management in the executives, bosses, partners, and so and so.

I work in a Business Management Entertainment company where I can clearly see the relationship of these two symptoms with the down pick the company is going through. I have been working with the company for the last year and a half, everything was going okey until one day I saw one of my co-workers leaving the company without "any reason". After few months I saw other two of my closest c0-workers leaving too. I started to wonder myself if we had a revolving door in the building? or what type of strategic management was the company applying for their business? Well I concluded some ideas that I believe have a lot to do with the issues mentioned before.

I think that the partners of the company right now are not paying attention to the competition in the market. Some companies believe that since they are not selling products such as food, cars, or toys they do not have to compete in the market. But yes, service companies also have to compete in the market and the best way to do this is by keeping their employees happy, with salaries or compensations that match or get close to the market. In my company, I found out that they pay employees approximately 45-50% below the market salary range, this is why employees decide to leave the company and the ones who decide to stay just do not do a very efficient job because they don't feel remunerated so; why doing it? This is a problem for the company because it is reflected in the business operations every day. So far I have seen 25 people leaving the company including myself. Next friday is my last day.

Now the other point that I want to make is the deteriorating of the image. I am going to continue referring to the company where I work. They have high-end profile clients including actors, directors, writers, etc. Some clients have found out some discrepancies on their financial statements that in one way have made them doubt about the company. One of the most important tool and goal of a company should be offering a service or good that provides 100% accuracy, reliance, and trust. Most of their clients have been attained throughout the power of word-of-mouth, but now that the image has been deteriorating little by little they have to apply another strategy, set up another goal, and all has to do with the right management of their business.