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ADEV VENTURES SDN. BHD. 201701033720 (1247891-W)
ADEV VENTURES SDN. BHD. 201701033720 (1247891-W)
Retail Industry
Team Performance Management and Staff Appraisal in Retail Industry
Team Performance Management and Staff Appraisal in Retail Industry
The unpredictable world of retail makes it difficult to improve performance consistently. Retail organisations must use efficient team performance management techniques to succeed in this competitive industry. With its innovative solutions, VIMIGO is on track to transform how performance reviews are conducted in the retail sector.
VIMIGO provides a holistic approach to performance appraisal for staff, as we know how important it is to evaluate and improve individual performance in retail industry. Our system enables retail managers to conduct performance reviews that provide crucial information about the employees’ areas of potential and growth. Retail organisations can decide wisely on resource allocation, training, and development.
Our systems also offer seamless data communication and integration across diverse retail activities, such as purchasing, retail outlets, manufacturing, and logistics. Thanks to this thorough integration, retail organisations may now realise their full potential for operational efficiency.
VIMIGO offer complete solutions designed to address the unique challenges different industries face, not only for the retail industry but also for the wholesale & trading industry, service industry, automotive industry, and others. We are your partner in improving team performance, making wise choices and streamlining your business processes. You can bid uncertainty farewell and welcome a more promising future for your retail business.
Top 3 Challenges in Retail Industry
Employee Retention
- Lack visibility of future development opportunities
- Working hours & salary are not directly proportional
- Low team cohesion
Talent Acquisition
- Difficulty attracting young talents
- Lack of knowledge in recruiting talents
- Employees may feel neglected or unsupported by management
Difficulty in replicating success
- Lack of systematic workflows and standardized operating procedures
- Knowledge transfer & SOPs are not well-established.
VISUALISING PERFORMANCE FOR OVER 1000+ COMPANIES
Before vs After
Before Implementing VIMIGO
Retail businesses often need to employ a large number of temporary and part-time workers, resulting in high employee turnover. This can affect stability and training costs, thus impacting performance.
After Implementing VIMIGO
Establish a reasonable performance incentive system to encourage active participation in teamwork and customer service, thus improving work efficiency and customer satisfaction. Incentives can take various forms such as performance bonuses, promotion opportunities, honors, and recognition.
Before Implementing VIMIGO
Lack of clear workflows and standardized operating procedures leads to coordination issues, low efficiency, and inconsistent quality. Employees may rely on personal experience and habits, resulting in different outcomes when performing the same tasks.
After Implementing VIMIGO
Establishing standardized processes and workflow documentation reduces process variability and improves work efficiency. Performance management systems enable effective monitoring and control of workflows.
Before Implementing VIMIGO
Retail enterprises often have a large number of long-term employees who may lack new skills and knowledge. Sticking to outdated practices and resisting innovation hinders the company's ability to adapt to market changes and consumer demands, thus reducing productivity and efficiency.
After Implementing VIMIGO
Introduce new management models, combining new technologies and management methods, to adapt to a constantly changing market environment. Enhance employee skills and knowledge through training and development programs to meet the demands of a dynamic market.
Before Implementing VIMIGO
Different branches may have different management styles, work standards, and levels of employee training. Achieving unified management and supervision among different branches is a challenge.
After Implementing VIMIGO
Establish unified goals, management models, and standards to ensure consistency in management styles and work standards across all branches.
vimiGoal
Clear & Specific Goals
Employees need to know their job objectives and how to achieve them. Goals should be measurable, such as sales figures and customer satisfaction.
Increase employee engagement and motivation to improve overall performance and efficiency of the company.
vimiSales
Personal or multi-level Reward system
When employees are aware of the rewards they can earn through their work and efforts, they become more proactive and self-motivated. The concept of rewarding greater effort encourages employees to work harder and earn more rewards.
Enhance employee engagement and loyalty while improving overall performance in the retail industry.
Employees continue to strive for their monthly targets, even towards the end of the month. The company's performance increased by 20% within a year!
Number One Electrical & IT — Adam Koh, Founder
vimiCheck-In
Improve management efficiency & productivity
By reducing the manual recording of attendance and minimizing human errors.
Enhance management efficiency in retail businesses, enabling managers to have real-time insights into employee work status and location, facilitating better task assignments and resource allocation.
vimiRoadmap
Career Development
Enable employees to envision their future by providing them with insights into the company’s long-term development plans and individual career growth. This fosters their enthusiasm, self-initiative, and sense of involvement, improving team cohesion and efficiency.
Help retail businesses retain outstanding employees, improve customer satisfaction, and promote long-term growth.
After implementing vimigo, I assigned employees to specific roles, allowing them to solve problems autonomously. Then, I digitized the management of team goals, providing employees with direction and motivation. Even during the cancellation of routine tasks during MCO, employees followed SOPs as if it had become a habit.
JP Mart & Co — Archie Sim, Managing Director
Testimonials
Hello Lubricant Sdn Bhd:
“Not only did sales increased but concerns about retaining good talents have diminished. Even seniors are willing to teach new employees automatically.”
Pasaraya Gemilang Muadzam:
"After implementing vimigo for 5 months, performance improved by 30-40%!"
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