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Management of a company

Date post: 12-Apr-2017
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Team#5Group members:Talha Ali (4214)Najam-us-Saqib Khan (4210)Tehseen Javed (4201)Zeeshan Ahmed (4209)Areeb Ayaz (4252)

Taibah Steel Mills Ltd.Management and working of an organization

Different working sectors of the organizationIntroductionBackgroundStructure of the organizationFunctions of managementProduction and Working of machinery Management levels and managerial skills and controlsCompetitors in the field

Different working sectors of the organization

Ethics of an organizationCustomer care services and dealingComplementary servicesSafety and security controlsCSR activitiesSWOT analysis

Introduction Steel plays a vital role in accelerating the growth and development of a country. It is a project of large and technologically advanced industry having strong forward and backward linkages in term of material flow and income generation .Taibah Steel Re-rolling mills is a private limited company which is situated in Industrial area(I-9/3) in Islamabad. Al-Haj Farooq Ahmed is the owner and CEO of this company. This mill was inaugurated on 3rd August 2008.

Background The mill produce grade-40 and grade-60 steels. Grade-40 steel is use in domestic purpose and grade-60 steel is use in international purpose. The whole mill working based on heavy machinery which is managed by different groups in the staff that holds specific skills. The mill have different management levels with different departments holding their fields.

Structure of the organization

5 departments 8

Levels of management

Functions of managementThere are five basic function of management

PlanningOrganizingLeadingControllingStaffing

Function of management(Planning)

In planning manager set there goals, establish strategies to achieve those goals. The research manager of Taibah steel make a plan about stock, when to purchase, how to purchase, what kind of staff are required and how to manage it.

Functions of management(Organizing)

Plan made by top management then been implemented further by manager of the related department who organize the structure of staff the related task and identify the activities of a business. In Taibah steel the managers of the related deparment assign the duties to the staff that what to do, how to do, and when to do.

Function of management(Leading)

After organizing the staff the Manager can also see how his employees start their work and they deal with customer and how they attract the customer to purchase their product. In Taibah steel due to illiterate low level staff the managers of related group/department take care of the working of the workers by leading them during tasks and guiding them in a proper manner.

Function of management(Controlling)

Controlling is the last function of management: Manager monitor the whole scenario of business and its performance & compare it with the set goals whether he accomplished his target or not.The manager daily check the business performance and take corrective action about it.

Function of management(Staffing)Staffing is to hire new people according to the requirements as there is a specific HR department who leads that working but in Taibah steels the setup doesnt have that department and they hire people according to their past experiences and performances and also some reference-based selections.

Managerial skillsTechnical skillsHuman skills Conceptual skillsDesign skills

Technical skills are computer literate, he knows the use of computer software16

Production and Working of machineryStep 1: Breaking of girder into two pieces and then put it on a slider, take it to the furnace.

Production and Working of machineryStep 2: After heating up of girder at red hot the girder move towards the bender and compressor for the first time

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Production and Working of machineryStep 3: The girder move towards the second bender and compressor to make the iron more thin

Production and Working of machineryStep 4: Then the iron again moving like a snake into the compressor and its thickness again reduced and it is the last compressing point for re-rolling of girders.

Production and Working of machineryStep 5: The last step in which the processed material is moved out of the processing area and after cooling down is racked for the dealing.

CompetitorsCompetitors of Taibah steel mill are

Ittehad steel corporation (I-9 Isb)MIZ Rerolling mills (I-9 markaz Isb)R.K.Steel (I-10/3 Isb)Karachi steels Rerolling mills (I-10/3 Isb)

CompetitorsIttehad steel corporation (I-9 Isb)

CompetitorsMIZ Re-rolling mills (I-9 markaz Isb)

CompetitorsR.K.Steel (I-10/3 Isb)

CompetitorsKarachi steels Rerolling mills (I-10/3 Isb)

Responsibilities of individual organization

In Taibah steel mills every workers is responsible for their own work all workers complete their work on time. If workers is responsible then company achieve a high profit because every business start with the trust worthy workers.

Ethic of an organization

Ethic means behavior of workers in an organization. Whether person behave ethically and unethically. In Taibah steel mills all worker perform and show ethical behavior. Workers always reach in office on time and leave office on time, dont create disturbance in office. All workers must follow the ethic of a company

Customer care services and dealings Taibah steel mills always took care of his customerManager helps the worker.Manager assist the worker.Manager guide the worker.Manager give better advice to worker to make business performance excellent.

Complementary services Complementary services means extra services that company give to its customer.

Complementary services include: Taibah steel mills give extra discount to its customer who purchase steel in huge quantity, Sometimes mill give extra transport service to its routine customer.

Safety and security controlsSafety and security include the security of office and security of warehouse where steel is store in huge quantity. Taibah steel hired total 20guards for the safety and security of steel.Duties are divided, 10guards perform his duties in Morning shift and 10guards perform his duties in Night shift.

Corporate social responsibilityThe CSR activities of Taibah steel are:The company construct small houses, In which they use steel of their own material & these small houses are donated to Refugees of Flood and Earthquake every year before the month of Ramadan.

SWOT analysis SWOT analysis stands for Strength, Weakness, Opportunities and Threats: StrengthBusiness background.Quality & Quantity is based upon customer satisfaction.Professional and highly educated staff.Team Coordination.

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SWOT analysis WeaknessThey are not able to produce small size barsProduction of bonding wire is a big question mark.Less popularity of brand name.Manual account system is used.

SWOT analysis OpportunitiesCreative mind of staff help in the field a lot.Moral support to workers.Developing area.

SWOT analysis ThreatsSome companies import steel from china in less cost6.2tons per hour steel are produce. Maximum time of running of mill is 12hrs no exceed then it due to failure of enginesThreats from competitorsThreats from packages that is offer other steel companies

ProductDEFORMED STEEL BARS

Finest cold twisted steel barsGrade 40 Grade 60 (conforming to ASTM A 615) for large infrastructure projects.

QUALITY & STANDARDS

TAIBAH STEEL certainly the first private company in the re-rolling industry to have in-house testing facilities. The mill is equipped with Testing Machine that can directly check the yield stress of bars above 1" without reduction of bar diameter. The laboratory along with the manufacturing facility is ISO 9001:2008 certified.

All tests can be carried out in the presence of customers to create an awareness of how to buy high quality steel with complete confidence. All tests can be accompanied with a stress/ strain graph showing accuracy of results.

Because of these unique testing facilities and proven track record for service to customers TAIBAH Steels products are often referred to as the "TAIBAH" in steel against which other steel products available in the market are compared.

DELIVERY NETWORK

Contractors & Consultants of quality projects rely on us to provide the best quality of reinforcement steel bars available in Pakistan and to have it delivered to them wherever they might be working, on time, and in perfect condition every time.

It is being expected that Taibah Steel will deliver steel business network to all the major cities of Pakistan.

ConclusionThey have new business setup in the market.They dont have impressive marketing plans.People have less awareness about the that brand.Security is the main issue for them.They have very hardworking staff and have the spirit to compete with others in the field.They have no setup for warehousing now.

RecommendationsThey have to increase their business by open new setups in different cities.They need to advertise their brand by good promoting options.They need to look after their security setup.They should have to focus on the need of warehousing.

Any Questions?

Thank you


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