If you work at L'Oral, the company's meals, gym, massage service, concierge service, day-nursery, and around...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
If you work at L'Oréal, the company's meals, gym, massage service, concierge service, day-nursery, and around three months' salary in profitsharing schemes may seem a good reason to be very satisfied with your job. Indeed, L'Oréal is among the most sought-after companies to work for, with I million applications every year. The 2015 Universum survey, which is conducted yearly in 12 European countries from a sample of l68,000 undergraduate business school students, ranked L'Oréal as the second most preferred employer in Europe. Innovative recruiting tools such as REVEAL, Brandstorm, and Talentube support L'Oréal's reputation as an employer of choice by raising youngsters' positive attitudes toward its an ordeal. Candidates are reportedly thrown in at the deep surveys at L'Oréal show these employees often exhibit be- end and forced to learn on their own. The job allows little time for socialization outside the organization. Being part of L'Oréal has been described as "cult-like." In-the-field ini- tiations serve as filters. You must be highly engaged by your job even if you feel a lack of organizational support, or you will be seen as weak-and the weakest do not last. Everyone has key objectives and accountabilities. To ensure that emplovees will be devoted to their job and perform up to its standards, L'Oréal has five Development and Learning Centers worldwide. Each Oréalien has per- sonalized access to learning modules that enable them to meet the needs of cach function. To track and promote the most talented Oréaliens, L'Oréal has a sharp manage- ment and performance appraisal process. Managers with strong potential who have completed several successful projects will be promoted every two or three years. Indeed, at L'Oréal, carcers can be built quicker than elsc- where, but you have to first survive several challenges. Man- agers can be intransigent with employees who are dissatisfied with their jobs and also underperform, for staff satisfaction brands. According to Bocco Chen, Recruitment and Inte- gration Manager at L'Oréal Hong Kong, what makes Brand- storm an efficient assessing tool is that competing teams of students from renowned business schools and universi- ties play the role of a brand manager by analyzing market trends and creating product packaging so that they experi- ence real work situations at L'Oréal and can connect with their potential future jobs. In France, 90 percent of all new recruits at L'Oréal were interns, the rcasoning being that intermships serve to build future employces' organizational commitment. Before taking up any managerial position, new recnuits are all sent on the road for six to twelve months to stack products on shelves at 5aM in supermarkets. It is haviors that demotivate their colleagues. Twice a year, the L'Oréal international brand directors present their launch campaigns. Through this presentation and several others, top managers aim to spread a so-called "healthy worry among Oréaliens. They also make and break many careers. One Oréalien said that she understood what humiliation re- ally mcant when she saw a colleague publically fired during one such meeting. And yet, to her, "L'Oréal is worth it." Questions 1. What positive and negative outcomes can L'Oréal expect from its Oréaliens' devotion? To what extent do you think employers should require their em- ployces to be totally devoted to their company? 2. How would you react if one of your peers were humiliated and then fired by your common su pervisor during a meeting? 3. How can companies satisty their employees? Should companies offer their employees the best work conditions or the most challenging responsibilities? If you work at L'Oréal, the company's meals, gym, massage service, concierge service, day-nursery, and around three months' salary in profitsharing schemes may seem a good reason to be very satisfied with your job. Indeed, L'Oréal is among the most sought-after companies to work for, with I million applications every year. The 2015 Universum survey, which is conducted yearly in 12 European countries from a sample of l68,000 undergraduate business school students, ranked L'Oréal as the second most preferred employer in Europe. Innovative recruiting tools such as REVEAL, Brandstorm, and Talentube support L'Oréal's reputation as an employer of choice by raising youngsters' positive attitudes toward its an ordeal. Candidates are reportedly thrown in at the deep surveys at L'Oréal show these employees often exhibit be- end and forced to learn on their own. The job allows little time for socialization outside the organization. Being part of L'Oréal has been described as "cult-like." In-the-field ini- tiations serve as filters. You must be highly engaged by your job even if you feel a lack of organizational support, or you will be seen as weak-and the weakest do not last. Everyone has key objectives and accountabilities. To ensure that emplovees will be devoted to their job and perform up to its standards, L'Oréal has five Development and Learning Centers worldwide. Each Oréalien has per- sonalized access to learning modules that enable them to meet the needs of cach function. To track and promote the most talented Oréaliens, L'Oréal has a sharp manage- ment and performance appraisal process. Managers with strong potential who have completed several successful projects will be promoted every two or three years. Indeed, at L'Oréal, carcers can be built quicker than elsc- where, but you have to first survive several challenges. Man- agers can be intransigent with employees who are dissatisfied with their jobs and also underperform, for staff satisfaction brands. According to Bocco Chen, Recruitment and Inte- gration Manager at L'Oréal Hong Kong, what makes Brand- storm an efficient assessing tool is that competing teams of students from renowned business schools and universi- ties play the role of a brand manager by analyzing market trends and creating product packaging so that they experi- ence real work situations at L'Oréal and can connect with their potential future jobs. In France, 90 percent of all new recruits at L'Oréal were interns, the rcasoning being that intermships serve to build future employces' organizational commitment. Before taking up any managerial position, new recnuits are all sent on the road for six to twelve months to stack products on shelves at 5aM in supermarkets. It is haviors that demotivate their colleagues. Twice a year, the L'Oréal international brand directors present their launch campaigns. Through this presentation and several others, top managers aim to spread a so-called "healthy worry among Oréaliens. They also make and break many careers. One Oréalien said that she understood what humiliation re- ally mcant when she saw a colleague publically fired during one such meeting. And yet, to her, "L'Oréal is worth it." Questions 1. What positive and negative outcomes can L'Oréal expect from its Oréaliens' devotion? To what extent do you think employers should require their em- ployces to be totally devoted to their company? 2. How would you react if one of your peers were humiliated and then fired by your common su pervisor during a meeting? 3. How can companies satisty their employees? Should companies offer their employees the best work conditions or the most challenging responsibilities?
Expert Answer:
Answer rating: 100% (QA)
1 Positive effects Leads to Improved Job Performance Motivated employees are much more likely to per... View the full answer
Related Book For
Posted Date:
Students also viewed these general management questions
-
To what extent do you think communication technologies such as GoToMeeting.com (an online meeting tool) will ever virtually eliminate face-to-face meetings in the workplace?
-
To what extent do you think this approach would work for companies smaller than SmithKline Beecham?
-
To what extent do you think youth are truly becoming a single, global culture?
-
In Exercises 1126, determine whether each equation defines y as a function of x. x + y = 25
-
A survey indicates that the vast majority of college students own their own personal computers. What information would you want to know before you accepted the results of this survey? Discuss.
-
If losses are neglected in Fig P3.170, for what water level h will the flow begin to form vapor cavities at the throat of the nozzle? P 100 kP Di-5 cm D2 8 cm Openi jcr Water at 30C
-
Engineers are often accused of having a narrow view of problems, and are claimed to lack skills to deal with ambiguity. In what ways might an engineering manager differ in this regard?
-
International Foods, a U.S. company, acquired two companies in 2013. As a result, its consolidated financial statements include the following acquired intangibles: Goodwill was assigned to the...
-
Fresh Air Inc. purchased a non - renewable licensing agreement for access to proprietary technology that allows it to produce Product X from organic waste. When the 1 0 - year licensing agreement was...
-
Why should one study operations management?
-
Silver Co. sold merchandise to Copper Co. on account, $75,000, terms 2/10, net 30. The cost of the merchandise sold is $55,000. Silver Co. issued a credit memorandum for $10,000 for merchandise...
-
lamar's capital balance is $33,920 after admitting Terrell to the partnership by investment. If Lamar's ownership interest is 20% of total partnership capital, what were (1) Terrell's cash investment...
-
Accounting transactions are important to a firm's operations. What activities would affect the firm's account balances?
-
Currently, state law requires partial manual counts to be conducted within 72 hours of polls closing after every election. What might be some advantages and disadvantages to having a second audit?...
-
How do some executives think the customer experience could be better than that reqWhat was the goal of the Hospital Price Transparency Rule when it was put into effect in 2021 by CMS?
-
Magenta light shines on a green shirt. What color of light would you expect to be reflected?
-
Describe at least 3 "shorthand" expressions and their meanings that make online chatting and text messaging faster and more efficient. Explain the pros and cons of using those expressions.
-
A survey of 70 college freshmen asked whether students planned to take biology, chemistry, or physics during their first year. Use the diagram to answer each question. How many of the surveyed...
-
1. Advise Sara on whether she is really learning some valuable lessons as a potential manager. 2. What should Sara tell Johnny on her review of her experiences? 3. Which managerial roles has Sara...
-
What can you tell about the organizational culture of a large retailer just by visiting a couple of their stores?
-
In what way is participating on a sports team, musical band, or orchestra good preparation for being a member of a work group on the job?
-
Consider the situation illustrated in Figure 25. 11. A positively charged particle is lifted against the uniform electric field of a negatively charged plate. Ignoring any gravitational interactions,...
-
A positively charged particle is moved from point A to point B in the electric field of the massive, stationary, positively charged object in Figure 25. 12. (a) Is the electrostatic work done on the...
-
Two metallic spheres A and B are placed on nonconducting stands. Sphere A carries a positive charge, and sphere B is electrically neutral. The two spheres are connected to each other via a wire, and...
Study smarter with the SolutionInn App