Bismillah Arehmaan

Araheem

Asalaam - O

Alaikum

Project by

Ammar Siddique

The Company..

“We are goanna present”

It’s a group of companies running more then 5

companies at the same time including textile mills and power plants

They are well known because of their Textile products

Awarded many times for best performance and excellence

Serving the world known countries including America, Japan, Spain, France, Germany, Pakistan etc.

Serving World Wide…………

Overview…

NISHAT

Group Of Companies

This is the leading and top company of Pakistan. So there are factors which keep the company to remain at the top. Those factors includes : Follows all the basic points of management They take care of their all employers up to their best (

Hierarchy Theory) They think that cooperation, organizing , punctuality ,

responsibility are the base of business ( following Fayol imp. Points)

Biggest textile unit in Pakistan. Each and every thing is well organized….

Company strategy

We asked them about the basic management of the company. And they arranged the sequence like this Organizing Planning Leading Controlling

Baisc Management

They think that organizing should be at the top. The best organizing strategy then help in planning, leading and controlling they have organized and divided their company into account department, marketing dept. , quality checking dept. and security dept. etc. so that all the departments are working under different managers instead of one. So they can easily collect relevant information to the relevant department I no time. So its easy to access

Organizing…

According to the C.F.O of the company, planning behave as a oxygen. Without which you cant even imagine to get success. Without planning we can do work, but we cant assure our self of getting success Following these thoughts, He showed us the regular time tables and schedules. Surprising thing was, he even had the time table of coming 8 months in his hand. this shows the importance of planning for that company

Planning..

After proper organizing and planning, here it comes the work of a leader to step forward and carry those plans on. C.F.O (who himself is a leader) said, “ I do every thing but I do nothing’ leading doesn’t mean that a leader is working all day. Its about to take care of his employees working under him, keep guiding them and help them in the time of need… He said that Leadership is the uncompromising post. One who think himself a leader, must behave like a leader.

Leading..

Leading is the just the name of controlling. One who is leading a company, a specific field or a department, should know how to control situation. And in return he tell everyone (employers) how to deal with problems and how to overcome a problem by controlling it Every employer of a company is efficient enough that the risk factors are approximately negligible for them

Controlling..

Company’s Employers

An interview; covering theory x and y

They said that theory X ad theory y both are important to run a company. He said that the excess to every thing is wrong. They use theory Y with the Marketing, accounts, engineering, and printing department. But they are forced to use theory X with production department. Production department includes employers who are illiterate masons. So they use theory X to keep them working with responsibility.

Views, thoughts & realities

Motivation Factors

In an interview to an employer, he said “ He is really very happy and feels proud to be a part of Nishat Group Of Companies.”He said that Nishat company provides a friendly and motivate envoirment ( Theory Y). He more elaborated that Nishat employers get medical allowances, Bonuses fuel expenses and mobile credits. These facilities attracts more people towards this company and also motivate the previous employers

Risk Factors

Points that could be responsible for losses

Price Factors

Rising prices in Pakistan is effecting everyone in Pakistan Nowadays nishat’s biggest issue is rising prices of cotton which due to floods increased to 12000 from 6000

Electricity Factor

Electricity are not offered to them. So they are running their own power plant. They had faced the risk in past because of the bad situation in Pakistan. So they started supplying electricity to the company to avoid more risk

Negative Factors

Factors that should be improved (suggestion)

Post Promotion

Promotion is difficult to achieve but in case of production department case is different harder the employee work more the chance of promotion. There is a chance of promotion in other departments but it depends on the availability

Work Burden

They give their employers enough work so that the employer even cant node his head. In the same way, specific time is given to them and employer should complete his work in time. Not completing work in time results in the loss of the job. There isn’t any alternative way to escape

Limited break time

In 9 hour Duty they offer only one hour break so that the employers can enjoy their lunch or offer their prayers..

Employees have a job security but incentives are less for small ranked employees so Higher the post better the incentives

Incentive factors

Company Statements

Mission, motives and vision

Mission Statement

To provide quality products to the customer and explore new markets to expand sales of the company through good governance and foster and dynamic, so as to achieve optimum prices of the products of the company for sustainable and equitable growth and prosperity of the company