bharat steel nm

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    Group 5

    Neeltanu MukherjeePalak Narang

    Nisarg Ostwal

    Ravindra Nadh Nakka

    Aditi Chawla

    Lokesh Sharma

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    The Company was incorporated in the name of

    Bharat Steel (P) Ltd., on 1st April, as a Private

    Limited Company

    It was promoted by Mr. Neeltanu Mukherjee alongwith his friends and associates

    Bharat Steel is new entrant in steel manufacturing

    It operates in B2B as well as B2C markets

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    VisionOur vision is to be a global steel industry benchmark for

    value creation and corporate citizenship.

    Mission Our mission is to manufacture and sell steel products that

    meet or exceed customer expectations.

    These products are to be provided at competitive prices,

    with performance and service ensured, while achieving the

    company's profit objectives.

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    Iron Ore Pellets

    Galvanized Products

    Hot Rolled Products

    Hot Briquetted Sponge iron (HBI)

    Cold Rolled Products

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    concept Concept Concept Concept

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    Phase 1 Phase 2 Phase 3

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    Number of people served

    Type & size of population segment served

    Demand within these segments

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    Strategy-implementation

    Strategic Workforce Alignment

    Change-Effectiveness

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    Goals: To what extent the stated goal is

    accomplished?

    Standards: On what standards the Quality & other

    customer related services are served?

    Target: Whether the Quantified target is achieved?

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    The External Resource Approach is used to evaluate

    the organizations ability to secure, manage and

    control scarce and valued skills and resources.

    We keep track of the inventory & availability of raw

    materials as well as on the mental inclination of the

    job seekers towards our company.

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    The Internal Systems Approach is used to evaluate

    the organizations ability to be innovative and to

    function in a quick and responsive manner.

    With decentralized structure we are always ready to

    adapt the environmental dynamism of the market.

    Also with our R&D division we stay one step ahead of

    the market.

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    The Technical Approach is used to evaluate the

    organizations ability to convert skills and resources

    into goods and services effectively.

    We hire those people whose personal goals matcheswith the organizational vision.

    We align the KSAs of the individuals with the

    organizations mission so that they can use the

    resources effectively for the overall growth of the

    organization.

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    Generating Synergy into various business units.

    Centralized resource allocation & financial

    management.

    Sharing the processes across various unit within the

    organization.

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    Learning & growth synergy

    Aligning achievement & support within the

    organization

    Aligning the external partners

    Total strategic alignment

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    As our organization consists of mostly line assembly

    sort of jobs, so we have a decentralized structure.

    It is a highly differentiated type of organization.

    To bring more cohesion among the groups (subunits)we have integrating roles or departments.

    Bharat steel is highly standardized

    High level of formalization as we possess acentralized structure.

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    Building core competencies to get competitive advantage

    Forming the subunits in such a way that the time spent on

    coordinating organization activities should reduce.

    Increase the flow of communication by reducing various

    barriers.

    Reducing the bureaucratic cost without hampering the overall

    organization structure.

    Increase the motivational factors by increase in the

    Integrating mechanism.

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    The informal organization assists members behavior by

    Increase in freedom

    Reduced communication barriers

    Higher motivation

    High group cohesiveness due to better interaction

    among members.

    Less power distance within the organization

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