Saturday, May 18, 2019
Qualification Preââ¬ÂMaster Course (Business Studies) Assignment title Essay
1.0 Executive SummaryPNG Co.Ltd was specialized in supplying Electric Resistance Welded pipes(ERW Pipes), longitudinally Submerged Arc Welded pipes (LSAW Pipes) and drilling bits just slightlyly from Asia foodstuff to crude oil and bobble industries in Myanmar. PNG feared well and generated profits in last two years. Reaching the third year from it started, PNGs business life calendar method of birth control is in the declined stage because there was much weakness in all departments. So PNG needs to regenerate the company to improve the reputation. PNG has to fix this problem by proper vision, mission and objectives. By seeking and avaricious business opportunities, PNG will create markets through our synergistic partnership, reputation and reliability. Cordiality, loyalty and sincerity to partners and customers are the most important ingredients of our corporate life will become our corporate mantra.2.0 order Profile fraternity arrive at Paing Nagar Trading Co.Ltd Looki ng for the New Next Golden Myanmar Group of Companies 2011 Mediumsized oil and sport equipments trading company Room8A, Building 99A,Shwe Padaut Condo, Sanchaung Mr.PhyoKyaw Thu Chief Executive Officer,MBA (UK) Director of Golden Myanmar Groups of Companies. Ms.KayZin Han double-decker (Sales and Marketing), MBA (UK) Ms.MyatTheingarHtut Manager (Human Resource), MBA (UK) 65 Company Logo & Slogan Mother of company Established Business Type Company Address Management Team Total Employees analytical Report on Business Organisation by Group 5 (PMBA03/2013) PhyoKyawThu,KayZinHan,MyatTheingarHtutPage 32.1 BackgroundPaing Nagar Trading Co.Ltd (PNG) is a recognized distribution of high gear timberland products which are widely used in the oil and petrol sector of Myanmar since 2011. PNG provides pipes and drilling bits to oil and gas industries both private and government enterprises, especially exist on government tender projects. source of all, PNG Company was started by 3 off icers and 10 staffs. Now it is being run with total material body of 65 employees. Within a hardly a(prenominal) months after establishment, for the sake of fracture improvement and better communication with abroad suppliers and manufacturers, PNG opened an oversea branch office in Singapore. PNG did pretty well and reached our tar lay down market sales in 2011 and 2012. But nowadays, there are some(prenominal) competitors who are interested in oil and gas field because of many opportunities. At that time, PNG Companys reputationdrops slowly because of internal weakness.2.2 Vision To get off innovative, proactive and progressive company culture To be the multinational professional company by delivering quality products and services to meet our customers satisfaction in the future2.3 Mission To abide by the requirements detailed in the strategic business plan To deliver our services in time To work in a corporate manner with our clients, employees and shareholders and to a lign clients and company expectations To penetrate global market from local marketanalytical Report on Business Organisation by Group 5 (PMBA03/2013) PhyoKyawThu,KayZinHan,MyatTheingarHtutPage 42.4 Objectives To smash our products range at least 20 categories in 2014 To outgrowth at least 30% of market share in O&G equipment sector in 2015 To deliver quality products with fair prices To swear out our clients with sincerity and cordiality to achieve strong customer relationship To create a police squadwork with employees to get better working environmentAnalytical Report on Business Organisation by Group 5 (PMBA03/2013) PhyoKyawThu,KayZinHan,MyatTheingarHtutPage 53.0 Situational AnalysisPNG has to analyze the current situation of the company to evaluate weak points and to form the problem effectively by using situational analysis (SWOT and PEST analysis).Strengths deals with the suppliers that cod good reputation largely from Asia strong financial resourcesWeaknesses face s the high turnover rate of employee, so PNG butt non manage the operational process in timechooses the quality assurance that can be previous organization used a centralization acceptable by our customers has oversea branch office in Singapore to communicate with foreign suppliers much effectively approach alone managers could not establish a good relationship with staffs have not adequate skilled workers the structure of organization was not systematically demonstratedOpportunitiesnow our country allows many Foreign Direct Investments (FDI), so the market demands in oil and gas field become increase sharply can deal with many suppliers rather than Asia nowThreatsfor the time being, our countrys policies have not been stable yet needs to compete with many competitors because of the development of oil and gasindustries so many investors are engrossed to invest3.2 PEST AnalysisWhen PNG researches about the external environment by PEST analysis, the following impacts effect on PNG Company.Analytical Report on Business Organisation by Group 5 (PMBA03/2013) PhyoKyawThu,KayZinHan,MyatTheingarHtutPage 6PoliticalLegal Now our country steps towards the democracy, sparing sanctions are tucker outd, so become interested by many foreign investors. But, for the time being, the government is in the transitional state, policies and foreign trade regulations have not been stable yet. Besides, Tax policies are going to release compare to the past. Economic Our countrys economic state becomes improve and growth. But PNG should think about the inflation rates and exchange rates which are closely related with price of inputs. Sociocultural accord to our countrys culture, PNG might to concentrate the attitude to work and leisure of our employees and try to fulfill their desires as much as it can. Simultaneously, PNG should consider the education level based on not only the showtime subject but also additional qualifications such as computing, languages, etc. Technological Techniques associated with oil and gas industry are changing a lot so PNG needs to catch up the technologies continuously. Therefore, PNG ought to update IT technologies to communicate with customers and suppliers smoothly.4.0 Analysis on Organization ManagementPreviously the old PNGs counselling team had not clear organization structure, the practices of commanding, allocating responsibilities and delegation were not managed well suited. Every successful company moldinessiness have definite organization structure which shows the set of formal tasks and formal reporting relationships. So PNG Company constructs the organization structure well and shown by organization chart, visual representation of an organizations structure.Analytical Report on Business Organisation by Group 5 (PMBA03/2013) PhyoKyawThu,KayZinHan,MyatTheingarHtutFigure 1 O Organization n Chart Organization structure m O means the f modelling in which th organization defines how he tasks are e divided, re esources are e deployed a and departm ments are co oordinated. Our organization has six m major depart tments. PNG delineates the chart with relative few hier G s ely rarchal level By ls. seeing th he chart, work specializa ation and cha ain of comm mand can be clearly seen n.4.1 Wo ork speciali izationIn order to perform the work more effici m iently, comp pany divides the tasks individually and s y describe clearly wh hich tasks w be resp will ponsible by whom. By doing this employee can s, e emphasiz ze his own d duty. But PNG considers that work specialization n can make employee boring jobs and go through isolatin ng from othe ers. So comp pany plans e employee to o rotate amo ong the separate jobs ever ry three mon nths to enco ounter the g greater challe enges and p perform vario ous jobs by team work.Analytical Re eport on Business Organisation by G Group 5 (PMBA03 3/2013) PhyoKyaw wThu,KayZinHan,M MyatTheingarHtut t4.2 Chain of commandEvery organization must have distinct authorit y and responsibility for different kinds of tasks. Thus, every employee can know to whom they report and management levels of the whole organization.Chain of command is important for this reason. Each employee should have his own authority and responsibility and how much he can make effort for the job. According to management level, delegation is the useful process for the managers. Good managers should fate authority to the possible lower levels and give the chances to the subordinates.4.3 Span of managementSpan of management means the number of employee reporting to a Supervisor. Our companys span of management is based on seven subordinates per manager. compulsive level is closely involving with subordinates it can get better team work form.4.4 Centralization VS DecentralizationTo get the correct hierarchical level at which to make decisions,
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