PRINCIPLES OF MANAGEMENTBy,

Tracy MaryRiya CherianDenzel Jacob

Teslin Ranjan VLibni Mary Jacob

Bony S TharappelThomas Varghese

MISSION

• AVENUE AVIATIONS HAS SET UP INNOVATION CENTRES TO COME OUT WITH THE LATEST AND MOST INNOVATIVE METHODOLOGY TO ACHIEVE IT TARGETS.

VISION• TO BE AMONG THE TOP 10 GLOBAL AEROSPACE SERVICE

PROVIDERS BY THE YEAR 2020.

ABOUT US

• AEROSPACE AND DEFENCE SERVICES. • IT IS A $ 6 BILLION COMPANY.• HEADQUARTERS AT BANGALORE, INDIA.• CURRENT CLIENTS INCLUDE BOMBARDIER AIR, BOEING ETC• TOTAL NUMBER OF EMPLOYEES 250

Chief Executive Officer (Thomas Varghese)

Chief Marketing Officer ( Libni Mary Jacob )

Chief Financial Officer( Teslin Ranjan V. )

Chief of Human Resources ( Bony Tharappel )

Program Manager ( Denzel Jacob )

Delivery Manager ( Tracy Mary )

Delivery Manager ( Riya Cherian )

ORGANIZATION CHART

PROGRAM MANAGER

DELIVERY MANAGER(NC

)

DELIVERY MANAGER

DELIVERY MANAGER(NC)

Technicians

Technical Head

SupervisorsSenior

Technical Consultants

Team Lead

Engineers

DELIVERY MANAGER(DEsign)

Technicians

Technical Head

SupervisorsSenior

Technical Consultants

Team Lead

Engineers

VP HR and Administration

Asst. Associates

Recruitment Head

Asst. Associat

esAsst.

Associates

Compensation

s Head

Asst. Associat

es

Training

Head

Asst. Associat

es

Asst. Associat

es

PROCESS OF HUMAN RESOURCE MANAGEMENT

SCOPE FOR A&D SERVICE INDUSTRIES

• THE TOP 100 A&D COMPANIES SET RECORDS IN 2013, REPORTING $719 BILLION IN REVENUE AND $66 BILLION IN OPERATING PROFIT.

• THE SCOPE IN THE AEROSPACE SERVICE INDUSTRY IS CURRENTLY ESTIMATE OVER $800B FOR THE YEAR 2014-2015.

• A SURVEY BY YUKON BUREAU OF STATISTICS BUSINESS SURVEY, FOUND THAT 85.2% OF EMPLOYERS OPT FOR WAGE INCREASES TO KEEP EMPLOYEES ON WHILE 58.4% OPTED FOR A BENEFITS PACKAGE.  • CREATIVE STRATEGIES THAT GO BEYOND

PAY AND BENEFITS CAN BE EMPLOYED TO ATTRACT AND RETAIN EMPLOYEES

RETENTION STRATEGIES• PROVIDING A SUITABLE WORK ENVIRONMENT FOR

THE EMPLOYEES.• ARRANGING SURPRISES FOR EMPLOYEES ON THEIR

BIRTHDAY’S, ANNIVERSARIES ETC.• MONTHLY BONUSES AND INCENTIVES BASED ON

THEIR PERFORMANCES.• DIRECT APPRECIATION FROM TOP MANAGEMENT

FOR THE NOTABLE ACHIEVEMENTS OF THE EMPLOYEES.• DISTRIBUTING CERTIFICATES IN RECOGNITON OF

THE EMPLOYEE’S ACHIEVEMENT.

CFO

Financial Controller

Division Manager’s

Accounts Receivable Manager

Accounts Payable Manager Payroll Manager

Accountants Clerks Accountants Clerks Accountants Clerks

REVENUE HISTORY

PROFIT

COMMUNITY RELATIONS & MARKETING EXECUTIVE

ASSISTANT

CHIEF MARKETING OFFICER

DIRECTORMarketing

DIRECTORCustomer Experience

DIRECTORInternational Marketing

Partnership MarketingSales &

Marketing Analyst

Trade Shows & Events Coordinator Public RelationsCommunication

Coordinator

FINANCIAL MANAGEMENT CYCLE

FINANCIAL CAPACITY

BETTER FINANCIAL MANAGEMENT CAN BE DONE BY

• ESTABLISHING A VIABLE CONTINGENCY PLAN• ENSURE THAT CONTINGENCY PLANS ARE FORMULATED

AND VIABLE IN THE EVENT OF NON- PERFORMANCE BY THE SERVICE PROVIDER.

• CREATE CROSS-FUNCTIONAL TEAMS, INCLUDING INTERNAL AUDIT, LEGAL AND THE BUSINESS UNITS, TO ENSURE A BROAD REPRESENTATION OF VIEWPOINTS AND TO ENHANCE INSTITUTION-WIDE SUPPORT.

• PERIODICALLY REVIEW, RENEGOTIATE AND RENEW THE CONTRACT. RESET TARGET SERVICE LEVELS ANNUALLY.

• NEGOTIATE A WRITTEN CONTRACT THAT IS OPERATIONALLY FLEXIBLE AND THAT CLEARLY ARTICULATES THE EXPECTATIONS AND RESPONSIBILITIES OF BOTH SIDES.

• FINANCIAL INSTITUTIONS VIEW OUTSOURCING AS A VALUABLE STRATEGIC TOOL THAT ENABLES THEM TO FOCUS ON CORE COMPETENCIES BY SHIFTING DIRECT OPERATIONAL RESPONSIBILITIES TO THE SERVICE PROVIDER AND GAINING INDUSTRY EXPERTISE.

• DIGITAL MARKETING BUDGET IS EXPECTED TO RISE AS ORGANIZATIONS MOVE MORE TOWARDS DIGITAL MARKETING ADOPTION. THEREFORE A SEPARATE RESERVE WILL BE PROVIDED FOR IT. 

SCOPE A&D SECTOR- US$1723B

Global A&D Spending