bharat steel nm
TRANSCRIPT
-
8/4/2019 Bharat Steel Nm
1/20
www.wondershare.com
Add your company slogan
Group 5
Neeltanu MukherjeePalak Narang
Nisarg Ostwal
Ravindra Nadh Nakka
Aditi Chawla
Lokesh Sharma
-
8/4/2019 Bharat Steel Nm
2/20
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
www.wondershare.com
-
8/4/2019 Bharat Steel Nm
3/20
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.
www.wondershare.com
-
8/4/2019 Bharat Steel Nm
4/20
www.wondershare.com
Iron Ore Pellets
Galvanized Products
Hot Rolled Products
Hot Briquetted Sponge iron (HBI)
Cold Rolled Products
-
8/4/2019 Bharat Steel Nm
5/20
www.wondershare.com
-
8/4/2019 Bharat Steel Nm
6/20
-
8/4/2019 Bharat Steel Nm
7/20
www.wondershare.com
Add Your Text
concept Concept Concept Concept
Add Your Text
-
8/4/2019 Bharat Steel Nm
8/20
www.wondershare.com
Phase 1 Phase 2 Phase 3
Add your text Add your text Add your text
-
8/4/2019 Bharat Steel Nm
9/20
www.wondershare.com
Add your company slogan
-
8/4/2019 Bharat Steel Nm
10/20
Number of people served
Type & size of population segment served
Demand within these segments
www.wondershare.com
-
8/4/2019 Bharat Steel Nm
11/20
Strategy-implementation
Strategic Workforce Alignment
Change-Effectiveness
www.wondershare.com
-
8/4/2019 Bharat Steel Nm
12/20
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?
www.wondershare.com
-
8/4/2019 Bharat Steel Nm
13/20
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.
www.wondershare.com
-
8/4/2019 Bharat Steel Nm
14/20
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.
www.wondershare.com
-
8/4/2019 Bharat Steel Nm
15/20
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.
www.wondershare.com
-
8/4/2019 Bharat Steel Nm
16/20
Generating Synergy into various business units.
Centralized resource allocation & financial
management.
Sharing the processes across various unit within the
organization.
-
8/4/2019 Bharat Steel Nm
17/20
Learning & growth synergy
Aligning achievement & support within the
organization
Aligning the external partners
Total strategic alignment
-
8/4/2019 Bharat Steel Nm
18/20
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.
www.wondershare.com
-
8/4/2019 Bharat Steel Nm
19/20
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.
www.wondershare.com
-
8/4/2019 Bharat Steel Nm
20/20
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
www.wondershare.com