- What's working and what isn't as a firm?
- Justin King- CEO of supermarket
- since 2007, 8-9000 firings
- engaging colleagues is difficult ("hellish and tough environment")
- be honest
- 21M customers a week, 1000 stores, 145,000 employees
- Tesco main competitor
- Nectar loyalty scheme (an engagement measure)
- ethical and renewal image -> emotional link -> goodwill
- BOS -> Lloyds
- How do you make financial services engaging for customers?
- provide double nectar points, leverage Sainsburrys customer base (unique selling opportunity)
- simplicity of communication (to colleagues, to customers)
- Questions:
- Leadership training? (mentioned poor leaders)
- Line Managers, no one-to-one meetings, career leadership
- simple things? what?
- Mandatory line management skills, bonus linked
- who chooses objective? do senior managers choose their own?
- Do you use Belbin to select teams?
- Does Sainsburrys promote cycling for healthier employees?
- Did RBS lose customers to Sainsburrys due to scandals?
- how did you differentiate yourselves?
- innovative banking -> Virgin train station banking. What about Sainsburry's?
- How do you measure colleague engagement? (FS average 65%, Sainsburry's 54%, current Nov 2011 84%)
- What resources can we give you to help you do your job?
- How do you feel about our brand?
- How do you feel about our products?
- How do you feel about our leaders?
- How do you feel about your boss?
- Do I care and share the vision?
- Kudos systems (people have difficulty in saying thank you)
- Oscar-style ceremony to show appreciation (recognition)
Course work and notes from E. B. Holmes at the University of Edinburgh Business School (MBA, 2011-2012)
Monday, February 27, 2012
Sainsburrys Bank HR Talk: Jane Brydon
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