At first, the company started selling bottled honey to comfort shops.
At the end of the process, the emphasis was on increasing the firm's
human talent, which would help increase performance. On the other
hand, the last run-through of the business focused on addition of a
honey-based separate line of products, widening the company and
adding new customer sections. In this third generation, it becomes
hard to handle the household leading to the establishment of a
management system to help facilitate decision-making at the board
level. Throughout the three run-throughs, the company grows quickly
with a great broadening of customer segments. Focusing on the
honey division affected the growth of the company since the
company should have sold it and focused on transiting completely to
cosmetics products. a
The decision that affected the company was hiring. The company
kept changing employees now and then, which affected achieving
goals and objectives since every outside employee would come up
with their decisions. These hiring decisions were made with the
family in mind since Ravi decided to approach his brothers and sisters.
However, due to the rapid growth of the business, there was the
option of employing outside assistance. The company started
employing outside people to help bring new perspectives and ideas to
the firm since human resources are essential. The decision that
served the company well as investing in corporate social
responsibility, whereby the company helped the community grow by
good performance and encouraging more investors. The company
also led to the creation of jobs, which has helped raise living
standards and reduce poverty. Yes, the decision is to improve on the
hiring area whereby the company should ensure retention of
employees rather than firing them before they make their decisions.
Employees can be retained by being rewarded based on their
performance which shall be evaluated through evaluation schemes.
