VOLTAS LIMITED ELECTRICAL AND MECHANICAL DIVISION QATAR BY: RIDHI MAZUMDAR VISION The Voltas story demonstrates that an ambitious goal and vision can drive both internal transformation and business growth. Thirteen years ago‚ Voltas was on the verge of shutting down that is when voltas fornulated a brand new vision plan named "MEGAVOL". Megavol — a business plan that aimed to achieve Rs100‚000 million turnover with
Premium Strategic management Strategic planning Management
Implementing Change Paper Victoria Bullock HCS/745 January 21‚ 2013 Kathie Huttegger Implementing Change Paper Introduction Managers have to bring changes into a company because some of the old ways of doing order or working with employees need to change. The manager responsibility is to make sure the changes which the company is implementing are done at a right pace and all the employees know the reason for the change. Some people at an organization are use to one way and not want
Premium Management Change management
205 American Journal of Industrial and Business Management‚ 2012‚ 2‚ 205-216 http://dx.doi.org/10.4236/ajibm.2012.24027 Published Online October 2012 (http://www.SciRP.org/journal/ajibm) The Impact of Organisational Culture on the Implementation of TQM: Empirical Study in the Iranian Oil Company Yadollah Karimi1‚ Sharifah Latifah Syed Abdul Kadir2 1 Faculty of Business & Accountancy‚ University of Malaya‚ Kuala Lumpur‚ Malaysia; 2Department of Operation and Management Information System‚ Faculty
Premium Management Culture Total quality management
What is Organization Management ? Organization management refers to the art of getting people together on a common platform to make them work towards a common predefined goal. Organization management enables the optimum use of resources through meticulous planning and control at the workplace. Organization management gives a sense of direction to the employees. The individuals are well aware of their roles and responsibilities and know what they are supposed to do in the organization. An
Premium Management Organization
INTRODUCTION 1.1 MEANING OF ORGANIZATION An organization is a social unit which is deliberately constructed and reconstructed to seek specific goals. It is a social group which distributes tasks for a collective goal. It is a social unit of people‚ systematically structured and managed to meet a need or to pursue collective goals on a continuing basis. All organizations have a management structure that determines relationships between functions and positions‚ and
Premium Telephone company Mobile network operator Human resources
with it. This report will analyze leadership style and employee retention and how these affect motivation and how it encourages company growth and profitability. This report will also highlight what motivational problems‚ which exist‚ and those‚ which can be addressed. The main problems‚ which arise‚ are the autocratic style leadership‚ remuneration and promotion. and the lack of employee participation in decision making. The
Premium Leadership Motivation
Assignment: Organizational Culture - what it is and how is it embedded in the organization Jay Wilkinson in his Tedx talk on Company Culture shared that‚ ‘people more than business plans and assets are what makes a company strong. Leveraging a company culture‚ a company can go far beyond what it can imagine’. In a review of literature on the topic of Organizational Culture Edgar Schien suggested that the concept is not as straightforward but is fraught with a variety of writers who proffered many
Premium Organizational studies Edgar Schein Organizational culture
difference between success and failure for a company‚ as well as for the individuals who work there. The purpose of this white paper is to examine those challenges facing any company wherein Organizational Structure is not probably aligned with business strategy‚ and to consider the benefits and pitfalls of a number of Organizational Structure options as they pertain to the longterm success of individual employees and the company as a whole. Organizational Structure: A Critical Factor for Organizational
Premium Organizational structure
manner and extent to which roles‚ power‚ and responsibilities are delegated‚ controlled‚ and coordinated‚ and how information flows between levels of management. An organizational structure depends entirely on the organization’s objectives and the strategy chosen to achieve them. An organizational structure is essential as it gives focus and direction to an organization‚ reduces cost and redundancies by eliminating extra and unproductive processes In illustrating the organization’s structure an
Premium Organizational structure Management
Developing an effective climate is therefore a key component for any organisation seeking to raise their game or increase their productivity. So what exactly IS climate? Climate can be described as ‘the unwritten rules’ or ‘the way things are around here’. It is a complex blend of attitudes‚ expectations‚ policies and norms that effect motivations & behaviours. Within every organisation a climate exists. Within every team or workgroup a micro-climate exists – and factors such as leadership style
Premium Perception Organization Management