WHICH MANAGEMENT APPROACH IS APPLICABLE IN PAKISTAN

BUSINESS COMMUNITY ?

GROUP MEMBERS BILAL RANA

(GROUP LEADER)

TASHFEEN RANA

ABSAR ALI

MUJAHID ALI

SALMAN RANA

MANAGEMENT

DEFINITION: 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 ManagementGeneral Administrative TheoryQuantitative ManagementOrganizational BehaviorSystems ApproachContingency Approach

SCIENTIFIC MANAGEMENT

Frank 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 Today’s 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

MAX WEBER Developed a theory of authority based on an ideal type

of organization (bureaucracy) Emphasized rationality, predictability, impersonality,

technical competence, and authoritarianism.

Henri Fayol Believed that the practice of management was distinct

from other organizational functions Developed fourteen principles of management that

applied to all organizational situations

QUANTITATIVE APPROACH 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

ORGANIZATIONAL BEHAVIOR 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 NameHonda Motor Co., Ltd.Head Office1-1, 2-chome, Minami-Aoyama, Minato-ku, Tokyo 107-8556, JapanEstablishedSeptember 24, 1948President & CEOTakanobu ItoCapital¥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,

automobiles, power products

HONDA ATLAS MOTORS PAKISTAN

A 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.

PLACEMENT

& Culture:RESPECT FOR INDIVIDUALSAFE AND FRIENDLY ENVIRONMENTOPEN COMMUNICATIONTHE THREE JOYS: 1-JOY OF BUYING 2-JOY OF SELLING 3-JOY OF MAKING

HONDA’S MANAGEMENT SYSTEM

SCIENTIFICALLY DEFINE INDIVIDUAL’S WORKREWARD SYSTEMINCENTIVES PROGRAMSSUPER PERFORMANCEPROMOTION PROGRAMSHARDWORK,DEDICATION,MOTIVATION & RESULTS ARE RECOGNIZED

EMPLOYEE OF THE MONTHGIFT,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 PROCESSENVIRONMENTAL STANDARD AWARD2006 & 2007 BEST QUALITY PERFORMANCE AWARD

NO SALES RETURN FOR 3 YEARS1ST LARGEST SELLER OF BIKES IN PK3RD LARGEST SELLER OF CARS IN PK

COMPATITORS OF HONDA IN PAKISTAN

• 1) SUZUKI

2) TOYOTA

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 EVERYONE’S PRODUCTION EFFICIENCY INTO FULL PLAY TO ACCOMPLISH MAXIMUM PROFIT

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