shriram city news letter - breeze- 1st january 2020 breeze/jan 2020 breeze/b… · june 2019 7...

June 2019

1

Shriram City—News Letter - Breeze- 1st January 2020

JANUARY 2020

Breeze Committee members greets all its readers and their family

members on the occasion of Makar Sankranti & Pongal.

June 2019

2


JANUARY 2020

BUSINESS STRATEGY

Business strategy can be defined as the combination of all the decisions taken and action performed by the business to accomplish business goals and to secure a competitive position in the market. It is the backbone of business as it is the roadmap which leads to the desired goals. Any fault in this roadmap can result in the business getting lost in the crowd of overwhelming competitors.

Any Business objective without a strategy is just a dream. It is no less than a gamble if one enters market without a well-planned strategy. The five major reasons as to business strategy is important are given below: PLANNING Business strategy is a part of business plan. While business plan sets the goals and objectives, the strategy gives a way as to how it can be accomplished.

STRENGTH & WEAKNESS

When Business strategy is formulated one gets to know what are the underlying strengths & weakness and accordingly it helps in shaping it. EFFICENCY & EFFECTIVENESS When every step is planned, every resource is allocated and everyone knows what is to be done, business activities become more efficient and effective automatically. COMPETITIVE ADVANTAGE

A business strategy focuses on capitalizing on the strength of the business and using it as competitive advantage to position the brand in a unique way. This gives an identity to the business and makes it unique in the eyes of the customer. CONTROL It decides the path to be followed and interim goals to be achieved. This makes it easy to control to activities and see if they are going as planned. Business strategy is closely aligned with business model which is a conceptual structure that explains how the business operates and profit is achieved, how it intends to achieve the goals etc. There are 3 levels of classification a) Corporate level b) Business unit lev-el c) Functional level. Examples of Business strategy a) creating a new market b) Buying the competition c) product differentiation.

Conclusion:

An effort has been made to bring out an awareness about what is business strategy .It is all about leaving aside the jargons and how to use these points in handling the business appropriately without disturbing our time tested good practices.

June 2019

3


JANUARY 2020

CORPORATE SOCIAL RESPONSIBILITY

The object of CSR policy of the company is to contribute towards social welfare

projects with specific focus on education, providing vocational training,

improving the skills of identified unemployed youth through employment

oriented training program and facilitation of job opportunities as part of Skill

India initiative. Details of projects undertaken for the current year 2019-20 are

given below:

Bouquet of Program basket:

In the current financial year, the project is being implemented in 15 centers in

Tamilnadu, Telengana, Maharashtra, MP, Chhattisgarh, UP and Rajasthan

states. We have set a target to train minimum 1500 students through this

program across states.

Bouquet of Program: Candidates are offered suitable training program such

as 2-wheeler automotive training program, Hospitality, Healthcare, Beauty

depending upon their profile , aptitude etc. All these program were

responded very well by students, vendors, OEMs and Dealers. Till now, more

than 1000 unemployed youths have enrolled in this program. A group of

candidates have already completed the program successfully and got

placed well. One more group of candidates are undergoing practical/

theoretical training and have been able to secure job as well.The

implementation agency is M/s Pratham Arora Centre for Education (PACE).

This is a focused program with wide coverage of locations. This is an ongoing

program and the active involvement of the SCUF executives in the successful

implementation is worth special mentioning. Program wise agenda and

scope is mentioned in the below table

The photographs covering the various programs under CSR activity is presented

below. CSR desk at our corporate office is monitoring the program on a day to

day basis.

June 2019

4


JANUARY 2020

CORPORATE SOCIAL RESPONSIBILITY

June 2019

5


JANUARY 2020

June 2019

6


JANUARY 2020

20 powerful life changing lessons based

on the philosophy of greatest Chinese philosopher Confucius. 01. Be kind to people around you, be kind

to the world

02. Death and life have their determined

appointments; riches and honours depend upon heaven.

03. The superior man seeks to perfect the admirable qualities of men, and does not

seek to perfect their bad qualities. The mean man does the opposite of this.

04. It does not matter how slowly you go as long as you do not stop.

05. If a man keeps cherishing his old knowledge, so as continually to be acquiring new,

he may be a teacher of others.

06. Anything you don't want to happen to yourself, don't impose it on others

07. Never form a friendship with a man who is not better than you.

08. Keep learning, until the day you die.

09. When anger rises, think of the consequences.

10. A craftsman who wishes to do his work well must first sharpen his tools

11. When it is obvious that goals cannot be reached, don’t adjust the goals, but adjust

the action steps

12. If you hate a person, then you’re defeated by them

13. Be humble, and learn from others. Anybody has something you can learn from

14. What the superior man seeks is in himself; what the small man seeks is in others.

15. Wherever you go, go with all your heart.

16. If a man takes no thought about what is distant, he will find sorrow near at hand.

17. Give instructions only to those people who seek knowledge after they have

discovered their ignorance.

18. Looking at small advantages prevents great affairs from being accomplished.

19. If they spit at you behind your back, it means you’re ahead of them.

20. Keep what you say and carry out what you do

Follow these wise life lessons and Be kind always!

June 2019

7


JANUARY 2020

DYKS – Jauary 2020

Rules of DYKS

The details and rules of the Do You Know Series are as follows:

Each issue will contain 3 multiple answer questions

All replies to be sent to [email protected] only.

The mails should be sent from the official mail ID of the employee.

The response mail should be as follows;

The name of the employee from each state and from whom the first

correct response comes will be published in the subsequent issue of

‘Breeze’.

Sl No Required Information Employee Entry/ Answer to Quiz

1 Employee Name

2 Employee Number

3 Designation

4 Email ID

5 Branch code and

name

6 State

7 Answers:1

2

3

State wise 1st correct response to quiz in December 2019 Issue

Sl No State Branch Name of Employee

1 Maharashtra Bhusawal Mr. Mayur Tiwari

2 Telangana Karim Nagar Z.O Mr. Srinivas Madishetty

3 Gujarat Baroda Ms. Shweta Joshi

4 Punjab Ludhiana Mr. Vikas Soni

5 New Delhi Delhi Zonal Office Ms. Sonia Devi

6 Vidharbha Nagpur CPU Ms. Uzma Siddiqui

7 Tamil Nadu Adyar H.O Ms. Kanimozhi

8 Uttar Pradesh Lucknow Mr. Kripa Shankar

9 Andhra Pradesh Narsapuram Mr. Narasimhulu Parasa

mailto:[email protected]

June 2019

8


JANUARY 2020

DYKS - JANUARY 2020

1.What is known as Break Even Point?

a. A point where the company is making a profit

b. A point where the company is neither making a profit nor is

suffering a loss

c. A point where the company is suffering a loss

d. None of the above

2.What is the size of Shriram Group’s customer base as it

completes 45 years of operation?

a. 50 Lakhs

b. 5 crores

c. 1.2 crores

d. 3.5 crores

3.Which of the following is the Parent Organization of UPI?

a. Reserve Bank of India

b. Government Of India

c. National Payments Corporation of India

d. Securities and Exchange Board of India

Answers to Quiz of December 2019 issue

Sl No Question Answer

1 What are intangible assets? C.License & Copy-writing

2 What type of property cannot be

accepted for Mortgage?

D. Property in the name of

Minors

3 A bank normally does not have to

deal with an issue related to…? A.Intellectual property rights

June 2019

9


JANUARY 2020

Communication Address:

Editorial Committee, (News Letter—Breeze)

Shriram City Union Finance

144, Santhome High Road, Chennai—600 004

Phone: 044 43925300

Email: [email protected]

Editorial Committee

Shri K.Subramaniam CO, Mylapore

Smt M.Subhashree BSC, Santhome

Shri N.R. Sivakumar SFPS,Santhome

Mr. Chai tanya J o s h i , o u r employee posted at our Pune CPU met with a fatal accident last year. W e r e c e i v e d insurance claim c h e q u e f o r Rs. 21.98 lakhs from the Insurers in favour of ‘Mrs. A i s h w a r y a Chaitanya Joshi’, w i f e o f t h e d e c e a s e d

employee. Late Mr. Chaitanya Joshi was a diligent & hard working employ-ee. We miss his services. Here is a photograph taken on the occasion of handing over of the cheque. Persons in the photograph from left to right are C. Lakshminarayan Mrs. Nanda Madan Joshi, mother of the deceased employee, wife, Mrs. Aishwarya Chaitanya Joshi, Son Master Aaradhy Chaitanya Joshi in the arms of Mr. Madan Joshi, father of the deceased and Mr. Sandip Bangad, General Manager, SCUF, Maharashtra. Contributed by: C. Lakshminarayan,Mumbai

Insurance claim cheque

shriram city news letter - breeze- 1st january 2020 breeze/jan 2020 breeze/b… · june 2019 7...

Documents