adam jee
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adamjee insurance caseTRANSCRIPT
Adamjee Insurance
Group Members:Ahmed Sajjad
Maira Arooba
Sadia Zafar
Umair Zahid
ProblemsFiring of 122 Deputy Managers in a day New sales force working double than the old one but with the same salarySame Sales force for both the General and Life InsuranceBy new documentation system new problems added up with old problemsSame Benchmark for all the products to become permanent employeeStating to operate as geographic organization but not following the rule
Conti…Hiring: Reference, no qualification, no experience, no knowledge, unrealistic targets,
RM himself not a knowledgeable person
Long procedures to get a sales registration.
Religious Factors causing resistance against InsuranceFlood-Natural Calamity caused Huge losses to Crop insurance
Core Problem:
“Flawed Management”
Fired to reduce cost
Introduced a system that increased cost
Problems doubled instead of decreasing
Recommendations:• Talk before pulling the trigger…
• Firing of 122 Deputy Managers in a day -> you can’t change the culture in a day
• Having a mix of old blood and new blood in the organization.
• Better educated employees
• Training and development
• Implementation of the Geographic Territory system