Management Master tiles project slides
Transcript of Management Master tiles project slides
AcerGroup Members:
Usman YousafM. Imran ButtM. Saad ArifM. Waseem IjazWaheed ZafarJahanzeb HaiderIqbalAtif
IMPLEMENTATION OF
MANAGEMENT FUNCTIONS IN MASTER PLASTIC PACK LIMITED
Final Project
Introduction
PLASTIC FILMS
MASTER PLASTIC PACK LIMITED
Introduction
Master Group of Industries was founded in the year 1982 with the establishment of a small unit manufacturing high quality sanitary fittings.
This first unit was named as Master Sanitary Fittings.
The major milestone in this journey was the establishment of Master Tiles in the year 1995.
IntroductionToday, this group is the leading group of
Industries.
It has endeavoured to build Pakistan’s image as semi industrial state on the global canvas. Which are not only serving the domestic needs but also have bright prospects for exporting its products.
Another development of Master Group was the establishment of a plastic films factory. In 2003, this group launched another venture with the name Master Plastic Pack.
IntroductionMaster Plastic Pack aims at manufacturing
of Cast Polypropylene (CPP) Films. CPP is the
key need of all packing industry irrespective of
its product definition.
The company has been making rapid
progress and has earned a name among the
top plastic films manufacturing of the region.
Plastic packing material
Vision Statement
We have the goal to serve maximum
industrial requirements of Pakistan irrespective
of their particular nature.
We offer our products that are attractive
because of their quality and cost effectiveness.
As a competitive market, converters need quick
decision to provide better advantage to their
customers.
Vision Statement
A firm grip on the emerging market
towards technology advancement and new
product development are tools to maximize
customer value
Our promise to the National Industry is
to provide packing material of superb
nature which has unmatched features.
Mission StatementProfessionally trained, high quality, motivated
workforce, working in a team environment which
recognizes and rewards performance, innovation and
creativity and provides for personal growth and
development.
Low cost operations assured access to long term and
cost effective supply sources.
Sustained growth in earnings in real terms.
Highly ethical, safe environment friendly and socially
responsible business practices.
Master Units
MASTER SANITARY FITTINGS INDUSTRIES LIMITED
MASTER PLASTIC PACK LIMITED
MASTER TILES & CERAMIC INDUSTRIES LIMITED
Z&J HYEGIENIC (BABY MASTER) PRODUCTS (PVT)
LTD.
MASTER BALLPOINT PEN INDUSTRIED (PVT) LTD
Products of Master Groups
Granite Floor and Wall Tiles
Ceramic Material
Baby Diapers
Plastic Packing Material
Extra Decorative Tiles
Sanitary Fittings
Bathroom Accessories
Ballpoint Pencils
Management FunctionPLANNING
MASTER’S Management starts with planning. They always say that Good
management starts with good planning.
What resources does MASTER have?
What can MASTER get?
Compare strengths and weaknesses of individuals and other resources.
Will putting four workers on a task that takes 14 hours cost less than renting
a machine that can do the same task with one worker in 6 hours?
If you change the first shift from an 8 AM start to a 10 AM start, can they
handle the early evening rush so you don't have to hire an extra person for the
second shift?
Management FunctionORGANIZING
Now the organization has a plan, it has to make it happen.
Is everything ready ahead of their group so the right stuff will get
to their group at the right time?
Is their group prepared to do its part of the plan?
Is the downstream organization ready for what their group will
deliver and when it will arrive?
Are the workers trained?
Are they motivated?
Do they have the equipment they need?
Are there spare parts available for the equipment.
Management Function
Has purchasing ordered the material?
Is it the right stuff?
Will it get here on the appropriate schedule?
Do the work make sure everything needed to
execute the plan is ready to go, or will be when it
is needed. Check back to make sure that
everyone understands their role and the
importance of their role to the overall success.
Management FunctionLEADING
Now flip the "ON" switch. Tell people what they need to do.
They know which section is working well?
Which piece and when?
They know when to come in?
What to start?
When to stop again?
Do you have the right number of workers in each department?
Have you arranged the sections?
Management FunctionCONTROLLING
Now that organization has everything moving, it has to keep
an eye on things.
Make sure everything is going according to the plan.
When it isn't going according to plan, they need to step in
and adjust the plan.
Problems will come up. Someone will get sick. A part won't
be delivered on time. That is why they developed a contingency
plan in the first place. The manager, have to be always aware of
what's going on so he / she can make the required adjustments.
DepartmentsThere are five departments working in Master Plastic Pack.
Marketing department
Production department
Finance department
Accounts department
HR department
HUMAN RESOURCE MANAGEMENT DEPARTMENT
Manager of HRM Department: Mr. Shafiq
The HR department is considered to be backbone of an organization.
The HR Department must be up-to-date and works in relation with the management to maintain the human resource that is fully capable mentally as well as physically to do the job.
The HR owes its primary responsibility to give the energetic employees to the management in the best interest of the organization.
Strict policies are followed in HR Department of
every organization.
All decisions are taken by the central authority.
It includes the following functions;
Conducting job analysis
Selecting job candidates
Training and developing managerial skills
Building empolyee’s commitment
HUMAN RESOURCE MANAGEMENT DEPARTMENT
Department Chart
Recruitment & Selection Process
Job analysis
Job specification
Submission of C.V’S
Testing & Interviewing
Post interviewing process
Job rotation procedure
Orienting employees
Training
Probation period
Salary
Performance Appraisal
About The HR DepartmentMR. SHAFIQ the manager of the department is a very cooperative
and realistic man. The information provided by him clearly reflects the
organization’s culture and rules and regulations. He provided us the
following information.
Number of Employees: 4
We provided the medical facility to the employees to who are
working in our organization and they are performing their duties for the
Goodwill of our organization.
The decision making process in our organization is totally
centralized that means the employees are not in the decision process.
Rules and regulations are very strict and must be obeyed by all the
employees simultaneously.
If there is a violation of rules then there may be some kind of
punishment for the employees.
Employees are sometimes appreciated if they suggest some good
amendments.
We have proper training system for the orientation of the new
employees which are fully unaware of their duties.
There is no kind of incentives for the employees of the organization but
they are compensated when perform overtime duties.
There is no transportation facility for the employees are facilitated with
TA/DA and other transport facilities for te business operations of the
organization.
No parties and functions are held in the organization.
About The HR Department
PEST ANALYSIS OF THE ORGANIZATION
Political EnvironmentEconomic EnvironmentSocial EnvironmentTechnological Environment
POLITICAL
It is the policy of the MASTER’S to strictly comply
with all laws and regulations relevant to their activities.
They participate in discussions on legislation and
regulations between national organizations, government
representatives, industry, the scientific world and
consumer associations.
They also apply the policy to environment related
matters.
ECONOMICMASTER respect the economy and is
committed to economically sound business practices throughout the country.
If there do not exist, their internal rules, adjusted to local conditions, apply.
The only economic problem it face is that the people don’t know its home country so whenever boycott occurs of imported goods.
MASTER suffers because all their raw material come from abroad.
SOCIALMASTER is taking measures for well being
of countryManufacturing products under hygienic
environment so that saving people from unhygienic products and polluted environment
Along with this they change the chemicals of their products to create a new product
They hire their employees locally (Pakistan) because they want to decrease unemployment from Pakistan.
TECHNOLOGICALMASTER has strong believe on innovations.
They think that no one organization can survive in the market until
it is innovative.
So it is using high level technology for the betterment of its industry
as well for benefit of human beings working in production field
Master Is adopting the different strategies to create in design, color
and packaging of its product.
R n D is one of the important departments of MASTER as it deals
with all the research and development work.
As the products demand, the wants and need of people the target
market the innovations demand by people and the competitors
strategies to capture market.
BCG MATRIXThis is a method used to evaluate the performance of the organization on the basis of its growth rate and market share. This method was introduced by the Boston Consultant Group. On the basis of this evaluation method, organizations are classified into four categories. These categories are:
• STARS• CASH COWS• QUESTION MARKS• DOGS
BCG MATRIX
STARS
Stars are high growth business or products competing in markets where they are relatively strong compared with the competition.
Often they need heavy investments to sustain their growth.
Eventually their growth will slow and, assuming they maintain their relative market share, will become cash cows.
CASH COWS
Cash cows are low-growth business or products with a relatively high market share.
These are mature, successful businesses with a relatively little need for investment.
They need to be managed for continued profit-so that they continue to generate the strong cash flows that the company needs for its stars.
QUESTION MARKS
Question marks are businesses or products with low market share but which operate in higher growth markets.
Management has to think hard about ‘’questions marks” which ones should they invest in which ones should they allow to fail or shrink.
DOGS
Unsurprisingly, the term “dogs” refers to businesses or
products that have low relative share in unattractive ,low-
growth markets.
Dogs may generate enough cash to break-even, but they
are rarely, if ever ,worth investing in.
After detailed study of Master Plastic Pack industry we have
concluded that it falls in the QUESTION MARK category.
This is because that the production of this organization is
increasing by 15% annually but the market share of this
organization is low as compared to its competitors.
OUR OBSERVATIONS
Goodwill of the Organization
Master Group of Companies has earned a name among the top organizations of Pakistan. This group is one of the largest industrial groups in the whole region. The products of Master Group are generally considered as a sign of quality by the people of Pakistan.
Organizational Culture
The organizational culture means a system of shared meanings and common beliefs held
by the organizational members that determines, to a large degree, how they act towards each other. It includes the values,
symbols, rituals, myths and practices within the organization.
Organizational Culture
Organizational culture which we observed at Master Plastic Pack does not seem to meet the definition of the strong culture.
Though the size of the organization is small and also the organization is still new, there
are visible lapses in the organizational culture
Organizational CultureFew examples of this which we closely observed are:
•The organization focuses on documentation rather than encouraging the managers for some useful changes .
•Creative decisions and risks are not encouraged.
•Employees are encouraged to stay in their own departments.
•There are no rewards for the employees for doing some good jobs for the organization.
•It seems to be lack of team-work within the employees due to strictness of the rules and regulations.
Role of the ManagersA manager is a person who works with and through others
by coordinating and overseeing their activities to achieve the
organizational goals in an effective and efficient manner.
There are Four functions of managers in an organization.
PlanningOrganizingLeadingControlling
Role of the ManagersAt Master Plastic Pack, the managers are very professional and energetic. They are:
Key Success Factors
The key success factors of the MASTER INDUSTRIES are;
Their quality products
Average prices
Stability in economy
High research work
Production is according to the customers needs.
Role of the ManagersDecision Making
Decision making in the firm is highly centralized and the owner is all in all. The management has not been given the freedom to make major decision own their own.
Only the Marketing Manager has some decision making powers about deciding prices with the customers. Even he is not fully free and has to consult the owner in major dealings.
SWOT ANALYSISA scan of the internal and external environment is an important part of the strategic planning process.Environmental factors internal to the firm usually can be classified as:
Strengths (S) Weakness (W)
External Environment are:
Opportunities (O) Threats (T)
SWOT ANALYSISSTRENGTHS
•This department is headed by a professional manager who is
very much dedicated to his work.
•The sales are increasing by 15% annually
•Plant of production department is brand new and produces high
quality plastic films.
• production department has advanced vacuum system imported
from Italy with the latest technology.
SWOT ANALYSIS
STRENGTHS
•Since the department consists of automatic machines
and there is no need for large number of laborers.
•The quality of the plastic films is continuously checked
by qualified professionals.
• department is also directly guided by CEO which
increases the efficiency more.
•Finance department has enough funds to fulfil its
current financial liabilities and to make advance payments
for its raw material purchase
Weaknesses
•marketing team consists of only 10 employees which are insufficient to
cover the whole market.
•The marketing managers are not paid any commission but are working
on fixed salaries.
•The in charge of the production department is a DAE (diploma of
associate engineering instead of a B.Sc. engineer.
•Due problem of electricity there is large consumption of gas and oil
which result in the heavy cost of production.
•Machine parts are not available in the Pakistan as the whole plant has
been imported.
•There is large wastage of raw material due to breakdown of electricity.
SWOT ANALYSIS
SWOT ANALYSIS
This department is not given autonomy to decide on
major financial issue and is mostly interrupted
unnecessarily by the owners.
This department is run only by 3 persons; one is the
finance manager and two clerks who are not appropriately
qualified and also lack good communication skills
SWOT ANALYSIS
Opportunities
•marketing department of Master has bright prospects for
increasing sales due to absence of competitors in Punjab.
•By exporting to the neighbor countries like Afghanistan, the
market cans expanding significantly
•A successful example of professional financial management
team is working at Mater Tiles. So, this organization should be
good working relationship between the CEO and the finance
department and they should benefit from each other’s
experience.
SWOT ANALYSIS
Threats
•The new competitors in the field of CPP Plastic can lead to
diminishing sales of Master.
•The marketing employees are working on fixed salaries due to
which they are dissatisfied and may leave the organization in
case they get an attractive offer from their incoming competitors
•Threat of war
•Political instability
•Rising inflation rate
•Recession of banks
•Economic instability in the country
Conclusions
Master Plastic Pack limited is running as a good organization and has solid records throughout its life
period. Master Plastic Pack Limited is potentially a strong organization. managers in this organization
are very much committed to their work and are aspiring to contribute to the progress of this organization but they are not given proper
autonomy. lack of corporate vision in Master group of industries because they just focus on Business
level strategy.
Any Questions?