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WHICH MANAGEMENT APPROACH IS APPLICABLE IN PAKISTAN BUSINESS COMMUNITY
GROUP MEMBERSBILAL RANA (GROUP LEADER)
TASHFEEN RANA ABSAR ALI MUJAHID ALI SALMAN RANA
MANAGEMENT IS ABOUT HUMAN BEING,ITS TASK IS TO MAKE PEOPLE CAPABLE OF JOINT PERFORMANCE TO MAKE THEIR WEEKNESS IRRELEVANT. MANAGEMENT IS MORE ART THAN SCIENCE
Major Approaches to Management
MAJOR APPROACHES TO MANAGEMENT Scientific Management General Administrative Theory Quantitative Management Organizational Behavior Systems Approach Contingency Approach
SCIENTIFIC MANAGEMENTFrank and Lillian Gilbreth Focused on increasing worker productivity through the reduction of wasted motion Developed the microchronometer to time worker motions and optimize work performance
How Do Todays Managers Use Scientific Management? Use time and motion studies to increase productivity Hire the best qualified employees Design incentive systems based on output
GENERAL ADMINISTRATIVE THEORY
Developed a theory of authority based on an ideal type of organization (bureaucracy) Emphasized rationality, predictability, impersonality, technical competence, and authoritarianism.
Believed that the practice of management was distinct from other organizational functions Developed fourteen principles of management that applied to all organizational situations
Also called operations research or management science Evolved from mathematical and statistical methods developed to solve WWII military logistics and quality control problems Focuses on improving managerial decision making by applying: Statistics, optimization models, information models, and computer simulations
The study of the actions of people at work; people are the most important asset of an organization
The Systems Approach System Defined A set of interrelated and interdependent parts arranged in a manner that produces a unified whole.
Basic Types of Systems Closed systems Open systems
The Contingency Approach Also sometimes called the situational approach. There is no one universally applicable set of management principles (rules) by which to manage organizations. Organizations are individually different, face different situations (contingency variables), and require different ways of managing.
Company Name Honda Motor Co., Ltd. Head Office 1-1, 2-chome, Minami-Aoyama, Minato-ku, Tokyo 1078556, Japan Established September 24, 1948 President & CEO Takanobu Ito Capital 86 billion (as of March 31, 2009) Sales (Results of fiscal 2008) Consolidated: 10,011,241 million
Unconsolidated: 3,404,554 million Total number of employees Consolidated: 181,876 (as of March 31, 2009) Unconsolidated: 26,471 (as of March 31, 2009) Consolidated subsidiaries 396 subsidiaries (as of March 31, 2009)
Chief Products motorcycles, automobil es, power products
HONDA ATLAS MOTORS PAKISTANA joint venture between HONDA Motor Company Ltd.Japan and Atlas Group Of Companies. Started its working on 17 April 1993 Official inauguration by President Farooq Ahmed Khan Laghari.
& Culture:RESPECT FOR INDIVIDUAL SAFE AND FRIENDLY ENVIRONMENT OPEN COMMUNICATION THE THREE JOYS: 1-JOY OF BUYING 2-JOY OF SELLING 3-JOY OF MAKING
HONDAS MANAGEMENT SYSTEMSCIENTIFICALLY DEFINE INDIVIDUALS WORK REWARD SYSTEM INCENTIVES PROGRAMS SUPER PERFORMANCE PROMOTION PROGRAMS HARDWORK,DEDICATION,MOTIVATION & RESULTS ARE RECOGNIZED
EMPLOYEE OF THE MONTH GIFT,CERTIFICATES,MERCHANDISE,FREE FACILITIES BONUS BASED ON BUSINESS & INDIVIDUAL PERFORMANCE LONG TERM INCENTIVES FOR SUSTAINING IN PERFORMANCE DIVIDE WORK & RESPONSIBILITY EQUALLY BETWEEN MANAGEMENT AND WORKERS SCIENTIFICALLY SELECT,TRAINED,TEACH AND DEVELOP WORKERS
LATEST ACHIEVEMENTS LARGEST MANUFACTURER OF MOTORCYCLES GLOBALLY BEST RECYCLING PROCESS ENVIRONMENTAL STANDARD AWARD 2006 & 2007 BEST QUALITY PERFORMANCE AWARD NO SALES RETURN FOR 3 YEARS 1ST LARGEST SELLER OF BIKES IN PK 3RD LARGEST SELLER OF CARS IN PK
COMPATITORS OF HONDA IN PAKISTAN 1) SUZUKI
CONCLUSIONACCORDING TO OUR RESEARCH & SURVEY WE SUGGEST THAT IN PAKISTAN THE EMPLOYEES ARE MORE SOCIAL MAN BECAUSE THEIR MAIN PRIORITY IS RESPECT STATUS AND MONEY THEREFORE SCIENTIFIC MANAGEMENT FULFILLS THEIR DESIRES AS A RESULT COMPANY GETS MORE BENEFIT AND EMPLOYEES GET WHAT THEY WANT SCIENTIFIC MANAGEMENT BECAME A POWERFUL FORCE AS IT CONTRIBUTED TO INCREASED EFFICIENCY IN INDUSTRIAL ESTABLISHMENTS HONDA SHOWS THE EVIDENCE OF APPLYING THE PRINCIPLES OF SCIENTIFIC MANAGEMENT. THEY INSTITUTE BONUS SYSTEMS TO ENCOURAGE THE EMPLOYEES TO PERFORM WELL TO MEET THE GOALS. ALSO, THEY TRAIN THE WORKERS SCIENTIFICALLY RATHER THAN PASSIVELY LEAVING THEM TO TRAIN THEMSELVES. IT AIMS TO BRING EVERYONES PRODUCTION EFFICIENCY INTO FULL PLAY TO ACCOMPLISH MAXIMUM PROFIT
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