5. Overview…
It’s a group of companies running more then 5 companies
at the same time including textile mills and power plants
They are well known because of their Textile products
Awarded many times for best performance and excellence
Serving the world known countries including America,
Japan, Spain, France, Germany, Pakistan etc.
Serving World Wide…………
7. Company strategy
This is the leading and top company of Pakistan. So there are
factors which keep the company to remain at the top. Those
factors includes :
Follows all the basic points of management
They take care of their all employers up to their best (
Hierarchy Theory)
They think that cooperation, organizing , punctuality ,
responsibility are the base of business ( following Fayol imp.
Points)
Biggest textile unit in Pakistan. Each and every thing is well
organized….
8. Baisc Management
We asked them about the basic management of the
company. And they arranged the sequence like this
Organizing
Planning
Leading
Controlling
9. Organizing…
They think that organizing should be at the top. The
best organizing strategy then help in planning, leading
and controlling
they have organized and divided their company into
account department, marketing dept. , quality checking
dept. and security dept. etc. so that all the departments
are working under different managers instead of one.
So they can easily collect relevant information to the
relevant department I no time. So its easy to access
10. Planning..
According to the C.F.O of the company, planning behave as a
oxygen. Without which you cant even imagine to get success.
Without planning we can do work, but we cant assure our self
of getting success
Following these thoughts, He showed us the regular time
tables and schedules. Surprising thing was, he even had the time
table of coming 8 months in his hand.
this shows the importance of planning for that company
11. Leading..
After proper organizing and planning, here it comes the work of
a leader to step forward and carry those plans on.
C.F.O (who himself is a leader) said, “ I do every thing but I do
nothing’
leading doesn’t mean that a leader is working all day. Its about
to take care of his employees working under him, keep guiding
them and help them in the time of need…
He said that Leadership is the uncompromising post. One
who think himself a leader, must behave like a leader.
12. Controlling..
Leading is the just the name of controlling. One who is
leading a company, a specific field or a department,
should know how to control situation. And in return he
tell everyone (employers) how to deal with problems
and how to overcome a problem by controlling it
Every employer of a company is efficient enough that
the risk factors are approximately negligible for them
14. Views, thoughts & realities
They said that theory X ad theory y both are important
to run a company.
He said that the excess to every thing is wrong.
They use theory Y with the Marketing, accounts,
engineering, and printing department. But they are
forced to use theory X with production department.
Production department includes employers who are
illiterate masons. So they use theory X to keep them
working with responsibility.
15. Motivation Factors
In an interview to an employer, he said “ He is really
very happy and feels proud to be a part of Nishat Group
Of Companies.”
He said that Nishat company provides a friendly and
motivate envoirment ( Theory Y). He more elaborated
that Nishat employers get medical allowances, Bonuses
fuel expenses and mobile credits. These facilities attracts
more people towards this company and also motivate
the previous employers
16. Risk Factors
Points that could be responsible for losses
17. Price Factors
Rising prices in Pakistan is effecting everyone in
Pakistan
Nowadays nishat’s biggest issue is rising prices
of cotton which due to floods increased to 12000 from
6000
18. Electricity Factor
Electricity are not offered to them. So they are running
their own power plant.
They had faced the risk in past because of the bad
situation in Pakistan. So they started supplying
electricity to the company to avoid more risk
20. Post Promotion
Promotion is difficult to achieve but
in case of production department case is
different harder the employee work more
the chance of promotion. There is a
chance of promotion in other
departments but it depends on the
availability
21. Work Burden
They give their employers enough work
so that the employer even cant node his
head. In the same way, specific time is
given to them and employer should
complete his work in time. Not
completing work in time results in the
loss of the job. There isn’t any alternative
way to escape
22. Limited break time
In 9 hour Duty they offer only
one hour break so that the
employers can enjoy their lunch
or offer their prayers..
23. Incentive factors
Employees have a job
security but incentives are
less for small ranked
employees so Higher the post
better the incentives
25. Mission Statement
To provide quality products to the customer and
explore new markets to expand sales of the company
through good governance and foster and dynamic, so
as to achieve optimum prices of the products of the
company for sustainable and equitable growth and
prosperity of the company