Blue Flowers (Pvt) Ltd

In: Business and Management

Submitted By sandali
Words 1767
Pages 8
TABLE OF CONTENTS
Management issues .................................................................................................... 2
Suggestions for management issues ........................................................................... 5
References ................................................................................................................. 9

MANAGEMENT ISSUES
The management issues faced by Blue Flowers (Pvt) Ltd are,
1) The organizational incentive system is not aligned with corporate vision
The company vision is “to be a leading manufacturer of world class quality artificial flowers in South Asia by year 2020”.To attain this vision they company have been flowing with steady import orders. To fulfill these buyers’ needs company has to increase the production. While increasing the production suddenly in a larger amount company should guide and motivate the employees to achieve those targets. An effective incentive scheme helps to hit the targets on time. But in this company the incentive scheme is not considered about the company vision and it is not properly planned. It has created troubles for company as well as the employees. The vision emphasis the quality of the products, but currently the company has a highest defect rate about 10-15% after introducing the incentive scheme. 2) No proper coordination among departments
Production department complained to other departments that due to their faults they couldn’t hit the targets and defect rate is increased. If the departments have a proper coordination about those activities and tasks they did not face problems.
This is a barrier to smooth functioning of the company.

3) Incentive scheme is not properly communicated to the employees
The content, objectives and the benefits of the incentive scheme should be clearly communicated to the employees. Because…...

Similar Documents

New Holland Fiat India Pvt. Ltd

...Area. Oct’98: Commissioning of Main Line in the Plant. Mar’99: Launch of 50 HP Tractors (3630). Apr’01: Launch of 42 HP Tractors (3230) Mar’02: Launch of 35 HP Tractors (3030). Jul’03: Launch of Drive Line Export. Dec’03: Localization of four wheel drive Front Axle Support. Dec’03: Exported highest number of 70 HP tractors ever. Apr’04: Launch of PTO (Power Take Off) Assembly Export. Sep’04: Launching Final Drive Line (Planned). Aug’05: Launch of TT Side shift. Mar’06: Launch of TTC NAR. July’08: 1 Lakh tractor rolls out of this plant Dec’08: Launch of New Drive Line. Corporate Structure Section 1 SWOT ANALYSIS New Holland Fiat India Pvt. Limited is one of the major tractor manufacturers in India. It has strong market presence in the, above 55 HP Tractors. Apart from that NHFI has a good presence in Farm equipment sector like Sugarcane Harvester, Tractor Loader Backhoe (TLB) etc. STRENGTHS -Technical Collaboration with market ldrs -Emission Regulation Compliance WEAKNESSES -No financial arm/tie up OPPORTUNITIES -High demand for tractors in rural area -Demand for advanced farming equipment THREATS -Lack of ability of farmers to buy tractors -Absence of central agricultural strategy...

Words: 833 - Pages: 4

Omega Pvt. Ltd

...Excerpts from On Writing Well William Zinsser New York, Harper, 1998, Chapters 2 through 4 2. Simplicity Clutter is the disease of American writing. We are a society strangling in unnecessary words, circular constructions, pompous frills and meaningless jargon. Who can understand the viscous language of everyday American commerce and enterprise: the business letter, the interoffice memo, the corporation report, the notice from the bank explaining its latest "simplified" statement? What member of an insurance or medical plan can decipher the brochure that tells him what his costs and benefits are? What father or mother can put together a child's toy—on Christmas Eve or any other eve—from the instructions on the box? Our national tendency is to inflate and thereby sound important. The airline pilot who announces that he is presently anticipating experiencing considerable precipitation wouldn't dream of saying that it may rain. The sentence is too simple—there must be something wrong with it. But the secret of good writing is to strip every sentence to its cleanest components. Every word that serves no function, every long word that could be a short word, every adverb that carries the same meaning that's already in the verb, every passive construction that leaves the reader unsure of who is doing what—these are the thousand and one adulterants that weaken the strength of a sentence. And they usually occur, ironically, in proportion to education and rank. During the late......

Words: 5253 - Pages: 22

K&N's Food Pvt Ltd

... K & N’s Foods Private Limited | March 12 2012 | Strategic Business Plan | Zubash Jawed080612BBA-8A | PREFACE INTRODUCTION STRATEGIC MANAGEMENT PROCESS Strategic management of an organization entails three ongoing processes: Analysis, Decision and Actions. In Analysis, the strategic goals (vision, mission and goals) along with internal and external environmental of the organization are analyzed. In decisions, the managers must take two important decisions regarding which industries to compete in and how to compete in the selected industry? And finally some actions should be taken because decisions are of little use unless they are acted on. At the heart of strategic management is a very important question: “How and why do some organizations outperform others?” So the managers have a challenge to decide on strategies that provide advantages that can be sustained over time. Mr. Robert Lamb defines strategic management as: an ongoing process that evaluates and controls the business and the industries in which the company is involved; assesses its competitors and sets goals and strategies to meet all existing and potential competitors; and then reassesses each strategy annually or quarterly [i.e. regularly] to determine how it has been implemented and whether it has succeeded or needs replacement by a new strategy to meet changed circumstances, new technology, new competitors, a new economic environment., or a new social, financial, or political environment. IMPORTANCE...

Words: 6693 - Pages: 27

Case Study of Metsuki Pvt Ltd

...Société Générale S.A. (SocGen) is a French multinational banking and financial services company headquartered in Paris. The company is auniversal bank split into three main divisions, Retail Banking and Specialized Financial Services (particularly in France and Eastern Europe), Corporate and Investment Banking (Derivatives, Structured Finance and Euro Capital Markets) and Global Investment Management and Services. Xavier Lofficial   CEO, Societe Generale Global Solution Centre | | | Xavier moved to SG GSC in May 2011 as Chief Delivery Officer and then took over as the CEO from January 2012. His international experience, excellent knowledge of the Group and expertise in IT systems strategy was valuable in making GSC a major internal partner for the development of the Group. Backed by over 2000 staff, GSC operates both in the development and infrastructure of IT systems and in the execution of business processes for all of the Group’s core activities.Xavier joined Societe Generale’s Corporate and Investment Banking division in 1993. He held various management positions in the domains of IT and project management on SG CIB’s main markets in France, the USA and especially Asia. Between 2007 and 2011, he was SG CIB’s Chief Information Officer for the Asia-Pacific zone, based in Hong Kong.Xavier holds a Master in Information Systems from University Paris IX Dauphine, France. His interests are Squash, Scuba Diving and Travel. |   Paris: Societe Generale chief executive......

Words: 692 - Pages: 3

Anmol Bakers Pvt Ltd Research Report

...Govt. of India) By Mohd Zuvair PG- 120-30 INMANTEC Integrated Academy of Management and Technology Ghaziabad July, 2013 ACKNOWLEDGEMENT I owe a deep gratitude and heartfelt thanks to Dr Kamal K. Gupta, Associate Professor, Department of Marketing Research, INMANTEC B-School, Ghaziabad; who has encouraged and guided me throughout my research work. I also express my heartfelt gratitude to him for his unmitigated support, meticulous reviews, in depth inquiries and advice on work. It has added immense value to the report. I am extremely thankful to Mr. Mritunjay Sharma, General Manager Sales (North India), Anmol Bakers Pvt. Ltd; for giving me opportunity to associate myself with the organization. I am expressing heartfelt thanks to Miss Falguni Chakrabortys (HR) for giving me opportunity to work at Anmol Bakers Pvt. Ltd, as a MARKETING INTERN. Last but not the least, I express my deep sense of gratitude to all the retailers and wholesaler who participated in the survey of the study and spared their valuable time to provide the requested responses. MOHD ZUVAIR PGDM- 2012-14 PG-120-30 TABLE OF CONTENTS Acknowledgement Executive summary 1. PAGE NO. Introduction…………………………………………………………………….…..13 1.1. Industry Overview…………………………………………………...…….13 1.1.1. Major Players……………………….………………….……….….18 1.1.2. Major company contribution…………….…………….…….…….18 1.2. Company profile……………………………………………….…..........…20 1.2.1. About company and product......

Words: 17773 - Pages: 72

Project Report on Basket Option Pvt. Ltd.

...the reported quarter. It increased by 1.28 per cent in the January-March quarter alone and 2.87 per cent in 2012-13. The number of registered FIIs in India stood at 1,757 in FY 2012-13 while the number of FII sub-accounts rose to 6,335, from 6,322 at the end of 2011-12. Financial Services in India: Recent Developments Tata Communication 100 per cent subsidiary Tata Communications Payment Solutions (TCPS) has launched India’s first white label ATM (WLA) at Chandrapada, a tier-V town near Mumbai. The WLA has been branded 'Indicash' by the company. TCPS already operates about 27, 000 ATMs for 37 banks in India. Meanwhile, US-based Customers Bancorp Inc (CUBI) has plans to infuse US$ 51 million in multiple securities of Religare Enterprises Ltd. Religare is currently aspiring for a banking license to enter the banking industry. The investments will take place through a combination of primary and secondary market transactions. Financial Services: Government Initiatives The Finance Ministry has constituted a standing council of experts to assess the international competitiveness of the Indian financial sector. The council, to be headed by the Secretary, Department of Economic Affairs, will analyze various monetary and non-monetary transaction costs (of doing business in the Indian market), and make recommendations for improving its competitiveness. The council will also examine related policies and operating frameworks and the performance of various segments of the Indian......

Words: 4343 - Pages: 18

Management Process of Etisalat Lanka (Pvt) Ltd

...in the doing of this project. We are grateful to our course director Mr.Thepul Ginige who was kind enough to help us in various ways. We wish to convey our hearty thanks to the authority and staff of National Institute of Business Management for provide us to good environment and facilities to complete this project. In addition, we would like to thank, Miss.Avera Ranasingha & Mr.M.Farzaam Fazil, Branch Manager and Customer Care Executive of Etisalat Lanka (Pvt) Ltd, Flagship Store, Galle Branch for providing us valuable information as the guidance of our project. We pay our hearty thanks to our parents for their sustenance and patience during the doing of the project. Eventually, we thank our friends who have helped us in anyway in the completion of this project. Atlast, we gratefully acknowledge to everyone who have helped us in anyway during the working of this project. 2. Summary Definitely the main objective of this report is to study management practices of Etisalat Lanka (Pvt) Ltd. Under introduction, first describe history, after both what is the meaning of well planned management process within the organization, and brief opening to the company and simply definitions of management functions. To learn about the management process of selected organization and to identify its effectiveness and weaknesses and get to know about the business procedures of organization are highlighted in the unit of objectives of this report. In the page of......

Words: 6315 - Pages: 26

The Flowers

...The Flowers By Alice Walker The story is about a girl named Myop. She is ten years old and lives in a sharecropper cabin with her family. They live in the country where maize is grown cotton, peanuts and squash. They have a lot of farm animals and a forest in their backyard. In autumn the mother usually takes her out and collects nuts. Myop lives a wonderful and carefree life. Myop have explored the woods many times before, but one day she turns her back to the rusty sharecropper to explore the forest on her way. She finds ferns, leaves and strange blue flowers and a sweet suds bush. She gets farther and farther away from home and she thinks it's a little creepy and uncomfortable in the cove she ended up in. She describes it as "the air was damp, the silence close and deep." Suddenly she steps on something. A corpse of a man. Beside him a pink rose lay on the ground. The rose has something around the roots it turns out to be rotten remains of a tattered plowline. A last Myop lie down the blossoms and the story ends with the words "and the summer was over.” It is an omniscient narrator in third person narrative. Because the narrator knows what the girl thinks and feels without direct expression in the text. We follow the girl and her achievements seen from outside when the viewpoint is an external perspective. It makes the story neutral and you keep getting the exterior of knowledge, but not the interior. Therefore it forces us to even think what Myop thinks. And why......

Words: 654 - Pages: 3

Kanpur Confectionaries Pvt. Ltd

...Situation Analysis Kanpur Confectionaries Private Limited (KCPL) is a family owned business, producing glucose, cream, salt and Marie biscuits under the ‘MKG’ brand. MKG is a popular brand among the middle class families in urban and semi-urban areas of North India and the biscuits are known for its quality and affordability. KCPL’s founder’s vision is to emerge as a leading national brand in future. Once among the leaders of the market in 70’s with fairly high revenue, KCCL stands stuck in the middle of competitive environment today. The glucose biscuit industry is very attractive due to growing demand in India and due to high margins as much as 25%. The process of production is very simple, requires low investment and less skilled labor, making it an easy to enter industry. Rise of unorganized sector has increased competition. Two national players, A-One Confectioneries Private Limited (APL) and International Biscuits Limited dominate the industry. APL’s average monthly sale was 200 tonnes. Being on the number two position with monthly sale of 110 tonnes in the regional market and responding to the growing demand of glucose biscuits, KCPL doubled its capacity from 120 tonne per month to 240 tonne per month in 1980-1981. But high absenteeism rate of employees, 50% and scarcity of ingredients like maida, sugar and vanaspathi led to uneven production. Current average monthly production is 120 tonnes. Costs of labor and materials are rising. 70 units in unorganized sector......

Words: 1096 - Pages: 5

The Flowers

...characters. Author like Alice Walker in “The Flowers” clearly uses symbolism as a way to connect the character to the reader on different levels. Through a series of several symbols, Walker creates a vivid illustration of Myop's transition from innocence of childhood to the realities of life and all of its cruelties. Walker uses this whole situation of the corpse, flowers and summer to clearly illustrate the precise moment in which a child looses that treasured innocence. The danger is first introduced by Myop entering the woods. It is in these woods that Myop encounters the single event that will lead to her loss of innocence: finding the corpse of a lynched man. Myop steps, by accident, into the face of this corpse and although frightened continues to remain joyful. Myop clears the remains from the man's face to find all of his white teeth cracked and broken. The description of the body is given in great detailed, “Myop saw that he had large white teeth, all of them cracked or broken, long fingers, and very big bones. All his clothes had rotted away except some threads of blue denim from his overalls” (Walker 405). The detailed description of the body indicates his probable ethnicity which is African-American, like Myop. In addition, the corpse suggest that something that was once white and pure has been broken by the cruel and harsh reality of the world. Another symbol of innocence is the flowers that Myop happily picks. Flowers are a symbol of innocence because of......

Words: 663 - Pages: 3

Sierra Readymix (Pvt.) Ltd. Marketing Strategy for the New Design & Project Management Wing

...SIERRA READYMIX (PVT.) LTD. MARKETING STRATEGY FOR THE NEW DESIGN & PROJECT MANAGEMENT WING 1.0 Introduction Sierra Readymix (Pvt.) Ltd. (SRL) is a subsidiary company of Sierra Construction group of companies aimed at providing specialized ready mix concrete (RMC) to the Sierra group & to Sri Lankan Colombo-Gampaha-Kaluthara based projects in construction sector. SRL performed well and sustained an exponential growth since inception in 2005 becoming a dominant player in ready mix concrete industry. With 15 competitors springing up in western province, scarcity of materials such as ¾” metal, river sand & constant material price increments due to high demand by Colombo port expansion project & Southern Highway outer circular project, bottom line of the company began to get affected. As to overcome the anticipated materials price shock & competitive low margined market SRL is expecting to diversify into area of construction design development & project management where soft skills would be much stressed upon. 2.0 SITUATIONAL ANALYSIS 2.1 Diversification is required due to : • Price competition due to 15 competitors with much low overheads. • Price hikes of essential raw materials ¾” metal, river sand due to large scale projects such as Colombo port expansion project & Southern Highway outer circular project. • Shrinking bottom line due to above stated reasons. • Company’s product – RMC supply can only cover a limited geographical area in Colombo-Kaluthara-Gampaha......

Words: 2081 - Pages: 9

Adlabs Pvt Ltd

...cities. The top five malls by footfall recorded over 117 million visitors. Parks in India are well positioned to attract demand from this customer segment. Barriers to Entry Land Acquisition and Red Tape: One of the biggest challenges for new projects is land acquisition. Single window clearances are not easily available, thereby making the entry process cumbersome. Individual states have laid down directives in their tourism policy to provide support to projects, which will help in encouraging tourism. Capital Intensive Business: Parks require regular investment in infrastructure and rides and attractions. Addition of rides and attractions is necessary for a Park to be able to sustain a growing footfall. Adlabs Entertainment Ltd About the Company Adlabs Imagica is in one of the leading theme parks in India. Imagica - The Theme Park is a part of Adlabs Mumbai. Adlabs Mumbai also includes Aquamagica, a water park, a family hotel, Novotel Imagica Khopoli, the first phase of which is expected to be completed by March 2015. Adlabs Mumbai, spread over an aggregate area of approximately 132 acres, is located at Khalapur. Adlabs Mumbai has been designed to provide a wholesome, day-long and ‘value for money’ entertainment option for guests. Adlabs offers entertainment options for all age groups through a variety of rides and attractions, which are comparable to and provide the international standards of experience that leading theme parks and water parks offer......

Words: 2916 - Pages: 12

Bbc Pvt. Ltd. and Working Capital Challenge

...BBC PVT. LTD. AND WORKING CAPITAL CHALLENGES | Case Study Report | Table of Contents * Case Background 3 * Key Findings 4 * Recommendations 6 * References 11 * Exhibits 11 Case Background BBC Pvt. Ltd, is a chemical manufacturing company that was established in 2004. It's registered offices are in Bangalore, and its manufacturing is in Lucknow. At the time of the case BBC is in need of working capital to secure a major contract with Indian Railways. The contract would open doors for long term business. BBC's product manufacturing required minimal fixed assets investment and high quality production. Their product was low cost high quality which is a great business strategy. They were able to provide to their customer the marginal price which made their product more attractive. Furthermore, most of their sales were on credit terms. BBC was very conservative with their working capital management. Its assets were ten times that of their liabilities. They repaid their creditors quickly before the credit period ended, but on the other token they were lenient with their customer’s credit terms. The excess credit to their customers caused excessive blockage to their working capital. Key Findings: BBC has a promising contract in their hands, but must invest a large amount of money immediately. We must determine how they can obtain and manage their funds to upgrade the facility to......

Words: 1206 - Pages: 5

Blue Flower Pvy Ltd

...their work, by means of the company's policy or procedures. In basic terms, it is paying an employee based upon the decided pay and benefit package for the position. The goal of compensation management is to find quality people, who perform quality work, and then compensating them in order to retain them and reduce turnover rates. Some different types of compensation include, salary, overtime pay, commission, bonuses, and benefits packages that might include, health and dental insurance, vacation time, and retirement savings. Blue Flowers (Pvt.) Ltd Blue Flowers (Pvt.) Ltd is an 8 years old company engaged in manufacturing of high quality artificial flowers to the local and international market.it is situated in a remote area in Moneragala District, with a total workforce of 350.Its products are very well established in local and International outlets. The vision of the company is “To be a leading manufacturer of world class quality artificial flowers in South Asia by year 2015”. The company operates through functional departments, namely Purchasing Department, Production Department, Sales/Marketing Department, Accounts Department and HR Department. From last year onwards, they have been flowing with steady import orders. This trend can be anticipated in the coming years as well. In this background, in order to increase the production at least by 40%, the company engaged in implementing an incentive program, where they gave 10%-15% as an additional incentive when they......

Words: 1778 - Pages: 8

Flower

...Duration of Engagement in Flower Cultivation by Respondents 4 Findings 4.1 Kinds of Flowers Grown 4.2 Method of Cultivation: Source of Seeds/ Cuttings 4.3 Pesticide Use 4.4 Source of Pesticides 4.5 Application of pesticides 4.6 Knowledge of Effects of Pesticides 4.7 Precautionary Measures Taken by Pesticide Users 4.8 Effects on Labourers and Farmer’s Health 4.9 Use of Water 4.10 Women’s Involvement 4.11 Profits from Flowers 4.12 Marketing of Flowers 4.13 Use of Flowers 5 Discussion References 5 7 7 8 8 10 10 10 10 10 10 11 11 12 12 12 12 13 16 16 18 18 18 19 19 19 20 22 23 23 China Part I. The Flower Industry in China 1. 2. 3. 4. Present Situation Strengths Areas for Improvement Recommended Measures 25 25 25 27 27 27 29 29 References Annexes 3 Part II. The Flower Industry in Yunnan Province 1. 2. 3. 4. 5. Present Situation Major Constraints and Challenges in Flower Industry Development Strengths and Potentials Development Framework for Yunnan’s Flower Industry Measures to Develop Yunnan’s Flower Industry 31 31 36 36 37 38 39 40 References Annexes Philippines 1 Overview: Floriculture Industry in the Philippines 2 Floriculture in the Cordillera Region 2.1 Cut Flower Production 2.2 The Marketing System 2.3 Public and Private Institutions Involved in the Cut Flower Industry 2.4 Government Assistance and Intervention 2.5 The Role of La Trinidad Municipal Agriculture Office (MAO) 3 Case Studies: Socio-Economic Profiles of Cut Flower Growers 3.1 Small......

Words: 30965 - Pages: 124

EUR 59,99 | £0 Shipping | Kindle-boeken