Slastyona Concectionary

950 WordsNov 14, 20124 Pages
Case Analysis: Slastyona Confectionary Problem statement The underlying issue is the introduction of compensation policies that would support Slastyona’s business strategy of rapid growth. Slastyona is willing to transform factory A into their flagship manufacturing site in Russia and in this region of the world, which would require changes in the compensation and benefits policies that are being applied. Taking into consideration the rapidly changing and complex environment in Russia, it is important pay and HR policies to be implemented that would allow Slastyona to attract, retain and motivate high performing individuals, in order to fulfill its objective to make Factory A state-of-the-art factory. The process of introducing those…show more content…
Another option would be to establish an employee exchange program. Employees selected for the program would have the opportunity to work at one of the other INTERCHOC’s factories in Europe or in the rest of the world for a certain period of time. They could gain first-hand experience with diverse business environments and cultures and then bring their experience back to Russia to share with their colleagues. References: McGuire, Stephen J.J. “Slastyona Concectionary” McGuire, Stephen J.J. and Kathy P. Kretman “New Bedford Whaling Museum” McGuire, Stephen J.J. (2008). “Managing Change in Nonprofit

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