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Page 1: Management Master tiles project slides
Page 2: Management Master tiles project slides

AcerGroup Members:

Usman YousafM. Imran ButtM. Saad ArifM. Waseem IjazWaheed ZafarJahanzeb HaiderIqbalAtif

Page 3: Management Master tiles project slides

IMPLEMENTATION OF

MANAGEMENT FUNCTIONS IN MASTER PLASTIC PACK LIMITED

Final Project

Page 4: Management Master tiles project slides

Introduction

PLASTIC FILMS

MASTER PLASTIC PACK LIMITED

Page 5: Management Master tiles project slides

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.

Page 6: Management Master tiles project slides

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.

Page 7: Management Master tiles project slides

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.

Page 8: Management Master tiles project slides

Plastic packing material

Page 9: Management Master tiles project slides

 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.

Page 10: Management Master tiles project slides

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.

Page 11: Management Master tiles project slides

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.

Page 12: Management Master tiles project slides

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

Page 13: Management Master tiles project slides

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

Page 14: Management Master tiles project slides

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?

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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.

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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.

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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?

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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.

Page 19: Management Master tiles project slides

DepartmentsThere are five departments working in Master Plastic Pack.  

Marketing department

 Production department

 Finance department

 Accounts department

 HR department

  

Page 20: Management Master tiles project slides

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.

Page 21: Management Master tiles project slides

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

Page 22: Management Master tiles project slides

Department Chart

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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

Page 24: Management Master tiles project slides

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.

Page 25: Management Master tiles project slides

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

Page 26: Management Master tiles project slides

PEST ANALYSIS OF THE ORGANIZATION

Political EnvironmentEconomic EnvironmentSocial EnvironmentTechnological Environment

Page 27: Management Master tiles project slides

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.

Page 28: Management Master tiles project slides

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.

Page 29: Management Master tiles project slides

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.

Page 30: Management Master tiles project slides

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.

Page 31: Management Master tiles project slides

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

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BCG MATRIX

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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.

Page 34: Management Master tiles project slides

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.

Page 35: Management Master tiles project slides

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.

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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.

Page 37: Management Master tiles project slides

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.

Page 38: Management Master tiles project slides

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.

Page 39: Management Master tiles project slides

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

Page 40: Management Master tiles project slides

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.

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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

Page 42: Management Master tiles project slides

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.

Page 43: Management Master tiles project slides

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.

Page 44: Management Master tiles project slides

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)

Page 45: Management Master tiles project slides

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.

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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

Page 47: Management Master tiles project slides

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

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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

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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.

Page 50: Management Master tiles project slides

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

Page 51: Management Master tiles project slides

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.

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Any Questions?