Recommended
More Related Content
What's hot
What's hot (18)
Similar to Team E_mgt150_ final pp document
Similar to Team E_mgt150_ final pp document (20)
Recently uploaded
Recently uploaded (20)
Team E_mgt150_ final pp document
- 1. By: Edward Nehamkin, Dillan Porter, Derick Romero, Eddie Kuang, Daniel Yang Management Analysis
- 2. Outline 3. Company Overview 4. Mission & Vision 5. Interview with CEO 6. Management Strategies 7. Innovation Strategies 8. Motivation Strategies 9. Sustainability Partnerships 10. Human Resources 11. Performance Management 12. Employee Satisfaction 13. Reflection 14. References
- 3. Company Overview Smart. Natural. Solutions. Founded in 2006 Biological Pesticide: (Sustainable, Low cost, Environmentally friendly) Why Maronne? What is being produced?
- 4. Mission & Vision ● Lead the movement to a sustainable world through discovery, development, and production. ● Promotion of bio-based pest management. ● Plant health solutions that are effective, efficient, and environmentally responsible. Smart. Natural. Solutions.
- 5. Pam Marrone: CEO ● Education ● Experiences ● Founded
- 6. Management Strategies ● Management structure ● Potential career growth ● Bottom-up approach
- 7. Innovation Strategies ● Current innovation strategy/focus ● Source of ideas ● Partnership is key
- 8. Motivation Strategies ● Encourage employee ownership ● Employee company vision ● Career Incentives/ Community
- 9. Sustainability Partnerships ● What action is Marrone taking? ● Why are they doing this? ● How are they different?
- 10. Human Resources ● Communication for problem solving and new strategies ● Careful hiring ● Surveys and suggestion boxes
- 11. Performance Management ● Careful hiring is key ● Employee satisfaction ● Culture driven values ● Culture driven performance
- 13. Reflection ● How are they different? ● What could they be doing better? ● What are they doing great? .
- 14. References 1. Marrone Website: http://marronebioinnovations.com 1. http://www.bizjournals.com/sacramento/news/2016/02/17/feds-arrest-in-securities-fraud-at- marrone-bio.html 1. https://www.glassdoor.com/Reviews/Marrone-Bio-Innovations-Reviews-E284966.htm 1. https://www.slideshare.net/sfmelanie/socap10-pam-marrone-marrone-bio-innovations 1. Interview with Pam Marrone: recording
Editor's Notes
- Why Marrone? World needs effective, sustainable pest management solutions that are safe for people and protect our natural resources. Marrone strives to be a pioneer in this sector. What is being produced? Delivering high-performing, bio-based solutions that address these daunting global issues.
- Marrone Bio Innovations mission and vision is to lead the movement to a sustainable world through the discovery, development, production and promotion of bio-based pest management and plant health solutions that are effective, efficient, and environmentally responsible.
- Education: B.S. from Cornell: Entomology PhD from North Carolina State: Entomology Founded AgraQuest: CEO, Chairman, President Entotech: Founding President Experience Monsanto: Insect Biology group lead Novo Nordisk Fellow of the American Association for the Advancement of Science
- Career growth Management structure (levels) R&D, CFO, General Council, Field Development and Technical Services,Head of Regulatory, Head of International, Head of Sales, Navigators, Next level managers. Organized internally, Functional heads run it as a team and every two weeks they meet and talk. Updates, problem solving and strategy, Had to slim down and find money to investigate. Pam mentioned management places big significance on career growth - management realized career growth is more important salary growth - Find employees with natural leadership abilities (Pam career story) Bottom-up approach Give employees lots of creative freedom (Pam) Place big value on ideas of employees/ implement the good ones (Pam)
- 3 area of growth Current Commercial Products Near-term Products Ramp International Sales Sources of ideas A strong corporate strategy that leads to innovation Multiple products are continually discovered and tested Partnering up with companies in various fields for new markets Integrate products into pest management programs for results Partnership Agricultural market is in high demand Increase in population Increase in middle class Increase in food demand
- Encourage employee ownership Pam learned that giving them ownerships of projects is what motivates the employees. This causes employees to be invested in the success of company. Employee company vision After management problems, to rebuild morale and to motivate employees, the management met with the employees to paint vision for the company. Employees collaborated to determine company vision and standards. Have company potlucks, yoga classes, work parties Investment in each other motivates employees to create a greater company together. Realized employees are motivated more by upward movement (promotion) than starting salary. Learning technical skills and career development, such as management skills, are motivators greater than monetary incentives. Created Community
- 1) Improving crop productivity and sustainability through biochemicals Biopesticides - Crop Protection Biostimulants - Crop Enhancement Biofertilizers - Crop Nutrition 2) Overall enhancement of quality in agriculture Better, healthier sources of crop protection (Export Market) Production flexibility 3) Categorizes itself differently from conventional chemical pesticides Strong investment in R&D and product testing Large scale manufacturing
- When working in teams with people, they expect communication because they meet every two weeks to talk about problems and strategies. When looking for new people to hire, they want to look for people who are low risk to company. They have to do careful hiring. They also find the type of people that they want in their team/company. Employees are given employee surveys and suggestion boxes to give suggestions. Communication is the key when there is a problem. Employees are given surveys and they meet up to talk about any problems. Finding creative and innovating salesman who can make sales to farmers.
- Hire employees who are aligned with your values, visions, strategies, and above all who fit with your desired culture. Create a filter for the types of people you want to hire onto your team. Ensuring employees feel safe and are at low risk like other companies. The values of the company drive the culture. It is very difficult to manage and very time consuming. Some of their values consists of; innovative, diversity, respectful candor, transparent communication, accountability, and empowerment. One of the most challenging part is trying to sell their products. They have to hire innovative and creative salesmen who can make sales to the farmers..
- Glassdoor Great starting point for entry job positions (+) Small Company (Both +, -) Individual input is valued. Tends to have drama. Critical towards upper management (-) Highlights “Great team, great experience” “Innovative Company” “The people who work here are wonderful, but the company is not.” “No appreciation for scientists”
- What does leveraging themselves over other companies in the field of biostimulants do to their venture into biopesticides? Culture could be a lot stronger- From their PP and website you can see their culture could be a lot stronger. A company's culture should be able to be jump at you and their culture does not. Innovation into biopesticides- A lot of companies are going into biostimulants but fewer venture into biopesticides due to the higher technical and regulatory barriers to entry to this specific market.