Performance Management

1.0 Introduction The purpose of this report is to critically study, analyse and evaluate the commerce strategies implemented at Ann Taylor. Topics within the analysis centre on the problems that currently exist with questions to be addressed surrounding what could have a bun in the oven been done to improve the businesses. Included in the analysis atomic number 18 issues which should be addressed by any organisation considering strategies such as downsizing and restructuring. Furthermore, integrated are findings from a review of recent literature that is connected to these topics, as well as appropriate case studies that may offer guidance in considering the practical implications of implementing these initiatives. Concluded in the report will be proposals and recommendations on what Ann Taylor could have effectively done to tackle the aforesaid(prenominal) issues including the other management concerns that confronted them. 2.0 Analysis of Ann Taylors monetary Condition Fiscal 2009 remained challenging from a macroeconomic perspective for the overall sell industry and for our business. The impact of the recession that began in late 2007 go on through most of 2009, resulting in record unemployment and a soft consumer expenditure environment throughout the year.

In anticipation of continued draw on the economy, we entered Fiscal 2009 with a clear and decisive strategy to re-energize our brands, maximize gross margin accomplishment, maintain a healthful balance sheet and cash position, and further reduce our cost social organisation through continued execution of our multi-year strategic restructuring program. As a result, our performance over the course of the year improved as these strategies gained traction, underscoring that we had be after appropriately. We ended Fiscal 2009 with a more compelling and germane(predicate) product assortment at both brands and a more in force(p) and streamlined operation with the ability to better leverage sales in Fiscal 2010 and beyond. Our 2009 focus on maximizing... If you want to get a full essay, order it on our website: Ordercustompaper.com

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