1 Final Project Milestone One Final Project: Milestone One OL-668 Southern New Hampshire University Beth Brooke October 4, 2023
2 Final Project Milestone One Introduction Nimble Storage was founded in 2008 by Varun Mehta and Umesh Maheshwari as a hybrid data storage system that used flash memory and hard disks which allowed the company to offer faster performance and lower prices to its customers (Bahrami, 2015). The company's mission was to give its "customers the industry's most efficient flash storage platform" (Bahmari,2015). In 2013, 1,300 mid to large customers such as cloud-based service providers, as well as those in education, financial services, healthcare, manufacturing, state, and local government and technology reached over 1,750 by the end of July 2013. In 2014, the company added more than 2,000 to end the year with over 4,000 customers and over 5,000 by early 2015 (Bahrami,2015). Nimble employed over 800 employees and despite the rapid growth they experienced the company still lost money which was $32 million by the end of 2015. The factors that caused this are administration, high operating expenses, sales, and marketing. Business Practice Analysis Gaps within the organization Anup Singh, CFO, and head of HR in the early years joined in 2011 when there were only 100 employees; during that time, he and his team focused on building and articulating the company's core values and managing day-to-day HR issues. Nimble's values were accountability, innovation, initiative, integrity, listening, teamwork, and collaboration (Bahmari,2015). In 2012 Terry Wong was hired by Singh as the first HR person. Wong stated that HR was very tactically driven and had a pretty weak reputation because the person who was there didn't have HR experience, having come from a management position. HR needed to establish that they had value and show it in everything they did (Bahrami, 2015). Changes were
3 Final Project Milestone One made in 2013 when Nimble hired Paul Whitney as Vice president of HR, there was a bare minimum HR structure. His job was to develop a strategy that would support growth and maintain the things that were fundamentally important to the organization, like the culture. He was also hired to prepare Nimble to become a public company (Bahrami, 2015). Having other employees give referrals for new hires says a lot for the company, they are able to share the culture and know if they are a good fit. Gaps in technological tools and structure Whitney and his team put together a system that would help HR and support the growth of the organization. A software system was developed for HR that included recruiting and manager systems. The Workday system could be a functional asset for Nimble which would allow HR to communicate more effectively with the other HR offices in the 18 other countries Nimble has offices. Mission statement A mission statement provides the intent of a business. Nimble's mission statement says to give its "customers the industry's most efficient flash storage platform" (Bahrami, 2015) The result of any organization's success is