Extensive knowledge and skills of Sam Foti
Sam Foti is the man behind the success of the MONY group Inc. His extensive knowledge and skills and capabilities made him develop excellent and successful strategies for the expansion and improving profitability of the business. Samuel J. Foti has been a chartered life underwriter since 1977 and served Metropolitan Life Insurance Company as the vice president but later joined the MONY group Inc and is now the president and chief operating officer.
With his wide knowledge and skills he came up with meaningful strategies and repositioned the company. He analysed the resources of the company and then found ways of best utilising them. To maintain the position of the company in the industry, successful strategies and implementation was essential. Samuel Foti with his excellent skills in various areas helped to reposition the MONY group Inc by selling off various subsidiaries and divisions which were not playing an important part in achieving the objectives and goals of the organisation. Being an insurance company the sales force has to be persuasive and influencing in order to attract people to purchase the life insurances. Keeping this in mind and recognising the work force as assets of the organisation, he focused on improving the quality and skills of the work force by offering training programs.