Mgmt
Compensation plan for S-S Technologies Inc.
Submitted to;
Mr. Jalal Ahmed Khan
Submitted By;
Group # 9
Zargham Khan
Abdul Salam
Muhammad Rizwan Bashir (3084)
Ubaid Taqvi
BACKGROUND:
Acquisition:
SS Technologies Inc., a 100% Canadian-owned Company was bought by Rick Brock-CEO and Keith Pritchard- President, in 1992. Previously, the same business was operated as a division of Sutherland-Schultz Limited and Rick Brock was its president.
Organizational Dilemma:
The company was growing rapidly and in the past three years it had grown at an average of 33%. Thus, there was an important requirement of an effective and appropriate business model so that the employees be properly motivated and the growing structure of the company be effectively formed. For achieving this purpose the CEO hired consultants to dig into the current organizational dilemmas and come up with effective solutions
Organizational Structure:
PRODUCT GROUP (PG):
It was involved in development and marketing of hardware and software product and had grown an average of 64% percent. Two types of product made by PG are
Direct Link Interface Cards: It enables office computers to communicate with PLCs and received Award for business Excellence in Innovation from Industry, Science and Technology Canada.
Programmable Industrial Control Simulators (PICS): It enabled a personal computer to simulate, in real time, an automated factory floor environment.
Both of the above products, because of being highly innovative and revolutionary, were very successful and brought a huge market to the company. PG also had various new ideas under consideration for quenching the thirst of growing industrialization.
INTEGRATED SYSTEMS GROUP (ISG):
It was involved in consulting, project management, system engineering and customer support, providing solutions for the complex factory floor systems in industrial manufacturers and institutional organizations. Due to its high quality performance and
Submitted to;
Mr. Jalal Ahmed Khan
Submitted By;
Group # 9
Zargham Khan
Abdul Salam
Muhammad Rizwan Bashir (3084)
Ubaid Taqvi
BACKGROUND:
Acquisition:
SS Technologies Inc., a 100% Canadian-owned Company was bought by Rick Brock-CEO and Keith Pritchard- President, in 1992. Previously, the same business was operated as a division of Sutherland-Schultz Limited and Rick Brock was its president.
Organizational Dilemma:
The company was growing rapidly and in the past three years it had grown at an average of 33%. Thus, there was an important requirement of an effective and appropriate business model so that the employees be properly motivated and the growing structure of the company be effectively formed. For achieving this purpose the CEO hired consultants to dig into the current organizational dilemmas and come up with effective solutions
Organizational Structure:
PRODUCT GROUP (PG):
It was involved in development and marketing of hardware and software product and had grown an average of 64% percent. Two types of product made by PG are
Direct Link Interface Cards: It enables office computers to communicate with PLCs and received Award for business Excellence in Innovation from Industry, Science and Technology Canada.
Programmable Industrial Control Simulators (PICS): It enabled a personal computer to simulate, in real time, an automated factory floor environment.
Both of the above products, because of being highly innovative and revolutionary, were very successful and brought a huge market to the company. PG also had various new ideas under consideration for quenching the thirst of growing industrialization.
INTEGRATED SYSTEMS GROUP (ISG):
It was involved in consulting, project management, system engineering and customer support, providing solutions for the complex factory floor systems in industrial manufacturers and institutional organizations. Due to its high quality performance and