Tuesday, May 9, 2017

Return on Investment (ROI)

            Return on Investment, or ROI, means the you are getting feedback and trying to fix what needs to be fixed within the company. This is the part where you go back and fix things that have not been done correctly and efficiently. Since things have not been done correctly, that can affect the overall goal for the team. It slows many things down that could have been done right from day one.

            ROI helps teams get back on track and fix the areas that they have lacked in. Sometimes it may not work out for some. If you make the right adjustments and make sure that every employee is working to their greatest potential, then things will start to turn up for both you and you team. Being a team and working together is what is most important in this situation, so if you were not doing that from day one, then you have some work to do. Working together and sharing ideas is how a team operates. ROI proves that there are always areas that need improvement within a company, so if those improvements can be made and done correctly it will really help your team at the end of the day.
           
        In conclusion, ROI helps teams get back on track with all the feedback the comes in. The feedback helps the team to become bigger, better, and more hard working. If you are able to fix products and regain a team mindset, then you are going to have a successful motorsports marketing team.

Activation

         Activating, or putting plans into action, will be easy breezy if you have done all the previous steps correctly and efficiently. Taking everything that you have just gone through and making all of those plans happen will really make the team feel like it is to be successful. Although you have already been successful with your plans, this is just that next step in the process that will help everything fall into place.

            Once the activation step takes place, and if it succeeds, then you will be on your way and smooth sailing. The activation can be hard if all of the previous steps have been done either not at all or just very half asked. The plans can be put into action by having the whole team come together and work on it as a whole. When the team comes together, that shows individuals that this team means business and wants to succeed in their careers. Being on a race team can be a lot of work and concentration, but if you can make it work and stay focused on everything that needs to get done you will do great. It’s the time and effort spent that counts.
           
In conclusion, activating takes both time and effort in order for a common goal to be achieved. If this common goal can be achieved and the team can do this as a whole, then the team will truly benefit from it all.