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.

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